Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
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QRS Global Pros & Cons
- Minimum deposit is $5.
- Leverage is up to 1:1000.
- Commission-free trading and floating spreads across all account types.
- The MT5 desktop platform and mobile apps.
- A copy trading system and an affiliate program.
- A first deposit bonus of up to $3,000.
- International presence and support in multiple languages.
- Limited information about order execution and liquidity.
- The website mentions a Financial Conduct Authority (FCA) license, but QRS Global is only registered in the U.K. and does not hold an FCA license.
QRS Global is an international broker providing access to Forex trading and CFDs on metals, energy, cryptocurrencies, and stock indices. It is designed for both beginner and professional traders. The broker claims more than 20 years of experience in the financial industry through partner structures and offices in the U.S., the UAE, Australia, China, the U.K., Thailand, and Cyprus. The main trading platform is MetaTrader 5, and a copy trading system is also available. QRS Global is a member of the Financial Commission, is registered in the U.K. company register, and is approved by FinCEN (Financial Crimes Enforcement Network) in the U.S. It operates under license No. T2023349 from the MISA (Mwali International Services Authority) regulator.
TU Expert Verdict
QRS Global carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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QRS Global User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria4 /10The trading and non-trading commissions of QRS Global have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- No deposit fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of QRS Global with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, QRS Global’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
QRS Global Standard spreads QRS Global OANDA FOREX.com EUR/USD min, pips - 0.1 0.7 EUR/USD max, pips - 0.5 1.2 GPB/USD min, pips 0.1 0.9 GPB/USD max, pips 0.5 1.4 Does QRS Global support RAW/ECN accounts?
As we discovered, QRS Global does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with QRS Global. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
QRS Global Non-Trading Fees QRS Global OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. — 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. — 0-15 0 Inactivity fee ($, per month) — 0 15 -
Is QRS Global Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /10QRS Global has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
QRS Global Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level Abbreviation MISA (Mwali) Full Name Mwali International Services Authority Country of regulation The Comoros Investor Protection Fund No specific fund Regulation Level Tier-3 QRS Global Security Factors Foundation date - Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.1.8 /10QRS Global offers the following account options: Standard, Cent.
However, QRS Global does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.
- Low minimum deposit
- Standard account with balanced trading conditions
- Cent account for beginners
- No Swap Free account
- No VIP account option
QRS Global account types vs top competitors QRS GLOBAL Plus500 OANDA Standard YesYesYesECN/Raw spread NoNoYesDemo NoYesYesCent YesNoNoMicro NoNoYesSwap Free NoNoYesVIP NoNoNoManaged NoNoNoQRS Global accounts trading conditions
QRS Global offers four types of trading accounts, each designed for different categories of traders, from beginners to professionals. All accounts run on the MetaTrader platform, support leverage up to 1:1000, and have a minimum lot size of 0.01. The main differences are in spreads, swap availability, and the size of the first deposit.
Account types:
Account Type Description Cent An account with cent-based calculations. It is ideal for testing trading strategies and learning how to trade. Spread from 1.6 pips, with no commission or swaps. Minimum deposit is $5 (500 cents) Standard A universal account with fixed spreads from 1.6 pips, with no commission or swaps. It suits both beginner and more experienced traders. First deposit from $5 Freedom An account with a reduced spread from 1.0 pips, with no swaps or commissions. It is suitable for medium-term trading. Minimum deposit amount is $5 Pro An advanced account type with a spread from 0.8 pips, and swaps are charged. It suits experienced traders. A deposit from $1,000 is required Demo A practice account with virtual funds for testing the platform and trading strategies. It is opened for free in MT5 and can be used in the mobile application and the desktop trading platform. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology3.8 /10QRS Global received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
QRS Global offers limited payment options and accessibility, which may impact its competitiveness.
- USDT (Tether) supported
- Low minimum withdrawal requirement
- Bank wire transfers available
- Minimum deposit below industry average
- Only major base currencies available
- BTC payments not accepted
- Limited deposit and withdrawal flexibility, leading to higher costs
What are QRS Global deposit and withdrawal options?
QRS Global offers a limited selection of deposit and withdrawal methods, including Bank Wire, USDT, QR Code, local bank channels. This limitation may restrict flexibility for users, making QRS Global less competitive for those seeking diverse payment options.
QRS Global Deposit and Withdrawal Methods vs Competitors QRS Global Plus500 OANDA Bank Wire YesYesYesBank card NoYesYesPayPal NoYesYesWise NoNoNoBTC NoNoYesWhat are QRS Global base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. QRS Global supports the following base account currencies: USD.
What are QRS Global's minimum deposit and withdrawal amounts?
The minimum deposit on QRS Global is $5, while the minimum withdrawal amount is —. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact QRS Global’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.5 /10QRS Global offers a limited selection of trading assets compared to the market average. The platform supports 1,000 assets in total.
- Commodity futures are available
- Indices trading
- Crypto trading
- Small selection of currency pairs
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by QRS Global with its competitors, making it easier for you to find the perfect fit.
QRS GLOBAL Plus500 OANDA Currency pairs 60 68 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 1,000 2800 129 Stocks YesYesYesCommodity futures YesYesYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesYesStock indices YesYesYesOptions YesYesNoInvestment options
We also explored the trading assets and products QRS Global offers for beginner traders and investors who prefer not to engage in active trading.
QRS GLOBAL Plus500 OANDA Bonds YesNoYesETFs NoYesNoCopy trading YesNoYesPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at QRS Global by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10We successfully registered an account with QRS Global in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at QRS Global is $5. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fully online account opening process
- Account approval may require extra time depending on the documentation.
- Registration process may take longer than expected
QRS Global account opening QRS GLOBAL Plus500 OANDA Online Registration YesYesYesMinimum deposit $5 $100 $0 Mandatory KYC YesYesYesRegistration time (min) 20 10 KYC time (days) 2 3 3 Is QRS Global available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
Registering a trading account with QRS Global is completed online and takes less than five minutes. The user needs to fill out a form and confirm contact details. To access all platform features, Know Your Customer (KYC) verification is required.
To open an account:
Go to the broker’s official website and click “Open Account” in the top menu.
Enter your first name, last name, email address, phone number, and create a password.
Confirm your email by clicking the link in the email message, then log in to your user account.
Upload verification documents, including a passport or ID and proof of address such as a utility bill or bank statement.
Select the type of trading account.
Features of QRS Global user account allow traders to:
- Create, delete, and configure trading accounts.
- Fund the balance and withdraw funds.
- Install mobile and desktop versions of MT5.
- Access a detailed log of deposits, trades, and withdrawals.
- Contact customer support via tickets.
- Use the copy trading platform.
- View information on the IB affiliate program.
- Configure security settings, including 2FA, a PIN code, and changing the login password.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7 /10QRS Global received a score of 7/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- Trading bots (EAs) allowed
- Strategy (EA) Builder is available
- MetaTrader is available
- API access for automated trading
- No access to cTrader and its advanced tools.
- No one-click trading
- No access to a proprietary platform
Supported trading platforms
QRS Global supports the following trading platforms: MT5, TradingView, WebTrader. This selection covers the basic needs of most retail traders. We also compared QRS Global’s platform availability with that of top competitors to assess its relative market position.
QRS GLOBAL Plus500 OANDA MT4 NoNoYesMT5 YesNoYescTrader NoNoNoTradingView YesYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey QRS Global’s trading platform features
We also evaluated whether QRS Global offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading NoScalping YesSupported indicators 38 Tradable assets 1,000 Additional trading tools
QRS Global offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
QRS Global trading tools vs competitors QRS GLOBAL Plus500 OANDA Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoNoNoAPI YesNoYesFree VPS NoNoYesStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. YesNoYesAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoYes -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria6.5 /10QRS Global supports mobile trading, offering dedicated apps for both iOS and Android. QRS Global received a score of 6.5/10 in this section, indicating a generally acceptable mobile trading experience.
- Indicators supported
- Strong Android user ratings, currently at 4.8/5
- Solid iOS user feedback, with a rating of 4.7/5
- Mobile alerts not supported
- Mobile 2FA not supported
We compared QRS Global with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
QRS GLOBAL Plus500 OANDA Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 10,000,000 10,000,000 1,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.7 4.7 4.8 Google Play score 4.8 4.4 3.4 Mob. 2FA NoYesYesMob. Indicators YesYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at QRS Global by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria3 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationQRS Global customer support is available 24/7 and provides assistance in English and Thai. The team helps users with registration, platform operation, bonuses, deposits, and withdrawals.
- 24/7 service with no days off
- Communication in English and Thai
- Online communication via Facebook and LINE
- No phone support
- Support in other languages is not confirmed
- No built-in online chat on the website, with redirection to the broker’s social media
QRS Global communication methods:
- Email;
- A feedback form in the contacts section;
- A ticket system in the user account;
- Facebook and LINE.
Contacts Registration address 2 COUNTY CT BLVD SUITE 400, BRAMPTON ON L6W 3W8, Canada Regulation MISA Licence number:
T2023349Official site https://qrsfx.com/ Contacts support@qrsfx.com
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FAQs
How do reviews describe QRS Global’s regulation and safety measures?
QRS Global has a safety score of 3.7/10, which corresponds to a low security level in this review. It is regulated by the Mwali International Services Authority (MISA) in The Comoros, offers negative balance protection and KYC verification, but is classified as Tier-3, has no specified investor compensation fund, and has a track record of less than 8 years.
What do reviews highlight about QRS Global’s trading commissions and other fees?
The review rates QRS Global’s overall fee level as high, giving its commissions and fees a score of 4/10 and noting above-average Forex trading fees. There is no deposit fee, while specific figures for spreads on EUR/USD and for withdrawal and inactivity fees are not specified in the section.
What do user reviews and feedback say about QRS Global’s overall client satisfaction?
The user satisfaction score for QRS Global is 5.2/10, based on 5 reviews, with 60% of ratings at 3 stars and 40% at 2 stars. According to user reviews, this distribution indicates that overall impressions are mostly negative rather than strongly positive.
How is the account opening process at QRS Global described in reviews?
The review notes that opening an account with QRS Global is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days. It highlights a low minimum deposit of $5 and convenient account management features, while also mentioning that approval and registration times may be longer depending on the documentation provided.
What platform features and tools do reviews mention for trading with QRS Global?
According to the review, QRS Global supports MT5, TradingView, and a WebTrader, and allows trading bots (EAs), scalping, and API-based automated trading, with 38 indicators and around 1,000 tradable assets. It also offers a strategy (EA) builder, alerts, and 2FA, but does not provide one-click trading, a free VPS, cTrader, Trading Central, or Autochartist.
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