Q8 Trade Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 2010
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 2010
Our Evaluation of Q8 Trade
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Q8 Trade is a high-risk broker with the TU Overall Score of 2.37 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Q8 Trade clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Q8 Trade ranks 374 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Brief Look at Q8 Trade
Q8 Trade is a well-recognized broker operating in the Middle East and North Africa (MENA) region. Q8 Trade offers customers an online trading terminal to trade Forex and CFDs. In addition, here one can use educational services and tutorials. Q8 Trade puts every effort to provide one of the safest trading environments in the market. Beginners as well as professional traders can find effective tools and solutions when trading with Q8 Trade.
Q8 Trade Summary
| 💻 Trading platform: | Web Trader, MetaTrader5, Mobile Trader |
|---|---|
| 📊 Accounts: | Bronze, Silver, Gold, Platinum, Diamond, Islamic, Demo |
| 💰 Account currency: | USD, EUR, KWD, SAR |
| 💵 Replenishment / Withdrawal: | Wire Transfer, Credit & Debit Cards, BTC |
| 🚀 Minimum deposit: | 250 USD |
| ⚖️ Leverage: | 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 Lots |
| 💱 Spread: | from 0,01 p |
| 🔧 Instruments: | Forex, Indicies, Commodities, Stocks |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Mobile Platforms |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Market Execution, Instant Execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | 25% Welcome Bonus |
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Comparison of Q8 Trade with other Brokers
| Q8 Trade | RoboForex | Pocket Option | Exness | Eightcap | FBS | |
| Trading platform |
WebTrader, MobileTrading, MetaTrader5 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 | MT4, MobileTrading |
| Min deposit | $250 | $10 | $5 | $10 | $100 | $1 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0.2 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 80% / 50% | 40% / 20% |
| Execution of orders | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $5 |
| Cent accounts | No | Yes | No | No | No | Yes |
User Satisfaction