Quadcode Markets Review 2026

Top Brokers Overview — United States
How we tested Quadcode Markets

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.

Learn more about our methodology and editorial policies.

Quadcode Markets Pros & Cons

  • There is only 1 account type with universal trading conditions that are equally convenient for novice traders and professionals;
  • The broker does not limit its clients to trading strategies; they can scalp, hedge, and use advisors;
  • Leverage is up to 1:30, tight competitive spreads, no trading fees, and 100% transparency of the broker’s activity;
  • The broker offers more than 300 assets, namely CFDs on currency pairs, commodities, precious metals, stocks, etc.;
  • The company's own trading platform is assessed by experts and traders as simple, reliable, and functional;
  • The broker has more than 100 integrated instruments for technical analysis, including various indicators;
  • The company's client support is available 24/7 with communication by email and chat.
  • The platform offers only CFDs, although there are many assets;
  • Traders cannot earn passively because there are neither investment solutions nor a referral program;
  • Technical support responds promptly, but it is available only by email and in the user account.

Quadcode Markets was registered in Sydney, Australia, in 2021. It is an enterprise of Quadcode AU LTD, regulated by the Australian Securities and Investments Commission (ASIC, ACN: 131 376 415), CySEC (247/14) and SCB (SIA-F219). It offers one account type with competitive trading conditions. Among the available instruments are only contracts for difference (CFDs) on more than 300 assets. Leverage is 1:30. The minimum deposit is $50 (Thai - 20 USD). There are no trading fees, the spread is floating, ranging from 0.15 pips to 1.3 pips. There are no withdrawal fees, but there is a $10 fee for 90 days of inactivity. Swaps are competitive. Deposit is instant, withdrawals take 3-5 days, and are possible to bank cards, via Neteller, or Skrill. Traders work in the broker's trading platform, which is represented by desktop and mobile versions. Security is provided by KYC (Know Your Client) verification and SSL (Semaphore Signal Level) protocols, also the broker keeps traders' funds separate from its own. The company does not offer any investment solutions, and there is no referral program either.

TU Expert Verdict

Chief Analytics Officer

Quadcode Markets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Quadcode Markets offers trading exclusively in CFDs across more than 500 assets, including 63 Forex pairs, stocks, indices, commodities, and cryptocurrencies. The broker is regulated by ASIC, CySEC, and SCB, offering a single live account with tight floating spreads from 0.15 to 1.3 pips, leverage up to 1:30, and a minimum deposit of $50. There are no trading or withdrawal fees, and all trading is conducted through the broker's proprietary platform, available on desktop and mobile, featuring advanced charting tools and fast execution. Client support operates 24/7, with live chat for registered users and email for others.

Drawbacks include the absence of real asset investing as only CFDs are available, no ECN or cent accounts, a limited suite of passive income options with neither investment programs nor a referral program, and no phone support. Quadcode Markets may best suit active traders who value transparent fees and advanced charting, but may not be suitable for those seeking a wider variety of account types or passive income features.

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Quadcode Markets User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
7.8 /10
12 total
  • 5-star
    17%
  • 4-star
    58%
  • 3-star
    25%
  • 2-star
    0%
  • 1-star
    0%
JIMMY03
2 years ago

The good news is that analytics from Quadcode Markets really work, and in general there are a lot of interesting things for traders that help them. I recommend everyone to take a look at the company’s website, open an account, and evaluate the capabilities of the service.

AGofGriffJer
1 year ago

You can trade on Quadcode without restrictions, and that's a big advantage - the broker puts no limits on the choice of strategies. Scalping, hedging, trading with the help of advisors - everything is allowed, and this really creates a sense of freedom. I work according to my usual scenario and have yet to encounter any technical or regulatory hurdles. Transactions run smoothly, with no surprises, which isn't so bad. But the strange thing is that in the context of all these advantages, there are no solutions for passive income. No investment program, not even a banal sponsorship system. In 2025, this is seen as a shortcoming, especially when most competitors have such options as standard. I'd like to see the broker reconsider this point and add something for those who not only want to trade actively, but also build up an extra income.

Vous pouvez trader sur Quadcode sans restrictions, et c'est un gros avantage - le courtier ne met pas de limites au choix des stratégies. Scalping, hedging, trading avec l'aide de conseillers - tout est permis, et cela crée vraiment un sentiment de liberté. Je travaille selon mon scénario habituel et je n'ai encore rencontré aucun obstacle technique ou réglementaire. Les transactions se déroulent en douceur, sans surprise, ce qui n'est pas si mal.
Mais ce qui est étrange, c'est que dans le contexte de tous ces avantages, il n'y a pas de solutions pour les revenus passifs. Aucun programme d'investissement, pas même un banal système de parrainage. En 2025, cela est perçu comme une lacune, en particulier lorsque la plupart des concurrents ont de telles options comme norme. J'aimerais que le courtier reconsidère ce point et ajoute quelque chose pour ceux qui veulent non seulement trader activement, mais aussi se constituer un revenu supplémentaire.

gilmutdinov
1 year ago

The quadcode markets broker offers just one account type with universal terms and conditions, and, in my opinion, that's really convenient. You don't need to spend time choosing between dozens of options - just open an account and get immediate access to all the features that will suit beginners and experienced traders alike. This approach simplifies getting started and makes using the platform clearer. However, there's one point I'm a little unhappy about - despite the wide range of assets, they're all only presented in CFD format. This limits the options for those wishing to invest in real assets and not just speculate on price differences. Nevertheless, if your focus is on active trading rather than long-term investments, the conditions are quite acceptable.

Le broker quadcode markets ne propose qu'un seul type de compte avec des conditions universelles, et, à mon avis, c'est vraiment pratique. Vous n'avez pas besoin de passer du temps à choisir entre des dizaines d'options - il vous suffit d'ouvrir un compte et d'accéder immédiatement à toutes les fonctionnalités qui conviendront aussi bien aux débutants qu'aux traders expérimentés. Cette approche simplifie le démarrage et rend l'utilisation de la plateforme plus claire.
Cependant, il y a un point qui me déplaît un peu - malgré le large éventail d'actifs, tous ne sont présentés qu'en format CFD. Cela limite les options pour ceux qui souhaitent investir dans des actifs réels et pas seulement spéculer sur les différences de prix. Néanmoins, si vous vous concentrez sur le trading actif plutôt que sur les investissements à long terme, les conditions sont tout à fait acceptables.

  • 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 criteria
    6 /10

    The trading and non-trading commissions of Quadcode Markets have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • No inactivity fee
    • No deposit fee
    • No withdrawal fee
    • No ECN/Raw Spread account

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of Quadcode Markets 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, Quadcode Markets’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.

    Quadcode Markets Standard spreads
    Quadcode Markets OANDA FOREX.com
    EUR/USD min, pips 0.1 0.1 0.7
    EUR/USD max, pips 0.3 0.5 1.2
    GPB/USD min, pips 0.2 0.1 0.9
    GPB/USD max, pips 0.5 0.5 1.4

    Does Quadcode Markets support RAW/ECN accounts?

    As we discovered, Quadcode Markets 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 Quadcode Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    Quadcode Markets Non-Trading Fees
    Quadcode Markets 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 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15
  • Is Quadcode Markets 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 criteria
    9.3 /10

    Quadcode Markets has a safety score of 9.3/10, which corresponds to a High 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.

    • Tier-1 regulated
    • Negative balance protection
    • Track record of less than 8 years
    Quadcode Markets Regulators and Investor Protection
    CySecCySec Full Name Cyprus Securities and Exchange Commission Country of regulation Cyprus Investor Protection Fund Up to €20,000 Regulation Level Tier-1
    ASICASIC Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1
    SCBSCB Full Name Securities Commission of The Bahamas Country of regulation Bahamas Investor Protection Fund No specific fund Regulation Level Tier-2
    Quadcode Markets Security Factors
    Foundation date 2021
    Negative balance protection
    Yes
    Verification (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.
    5.1 /10

    Quadcode Markets offers the following account options: Demo, Standard.

    Quadcode Markets covers the core account types, making it convenient for traders with different preferences and strategies.

    • Demo account
    • Standard account with balanced trading conditions
    • Low minimum deposit
    • No Swap Free account
    • No VIP account option
    Quadcode Markets account types vs top competitors
    Quadcode Markets Trading.com Plus500
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    No
    No
    No
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    No
    Swap Free
    No
    No
    No
    VIP
    No
    No
    No
    Managed
    No
    No
    No

    Quadcode Markets accounts trading conditions

    When a broker offers several account types, you have to choose optimal trading conditions for yourself. However, Quadcode Markets provides only two account types, such as demo and live. A deposit is not required for a demo account, traders receive virtual $10,000, and all assets presented on a live account (300 CFDs) are available to them. They can study the platform, train, and improve their strategy. On this account, the quotes are real, but the funds are not, so clients trade without risk. For a live account, all the information presented in this article is relevant. The broker's clients receive favorable competitive conditions that allow them to trade with maximum comfort.

    Conditions of Quadcode Markets’ live account:

    Account Type Description
    The minimum deposit is $50, spreads range from 0.15 to 1.3 pips, and leverage is up to 1:30 subject to the asset Traders have access to over 300 CFDs on currency pairs, stocks, indices, and precious metals. Trading is carried out through the broker's trading platform. There are no restrictions and no trading or withdrawal fees.

    To open a demo account, you only need to register. To receive a live account, verification (confirmation of personal information) and a deposit of $50 or more are required.

  • 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 methodology
    6.5 /10

    Quadcode Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    Quadcode Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • Bank card deposits and withdrawals
    • Low minimum withdrawal requirement
    • Bank wire transfers available
    • No deposit fee
    • Limited deposit and withdrawal flexibility, leading to higher costs
    • BTC not available as a base account currency
    • PayPal not supported

    What are Quadcode Markets deposit and withdrawal options?

    Quadcode Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller.

    Quadcode Markets Deposit and Withdrawal Methods vs Competitors
    Quadcode Markets Trading.com Plus500
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    No
    No
    Yes
    Wise
    No
    No
    No
    BTC
    No
    No
    No

    What are Quadcode Markets base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Quadcode Markets supports the following base account currencies: USD, EUR, GBP, AUD.

    What are Quadcode Markets's minimum deposit and withdrawal amounts?

    The minimum deposit on Quadcode Markets is $50, while the minimum withdrawal amount is $2. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Quadcode Markets’s support team.

  • 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 criteria
    7.8 /10

    Quadcode Markets provides a standard range of trading assets in line with the market average. The platform includes 519 assets in total and 63 Forex currency pairs.

    • Copy trading platform
    • 63 supported currency pairs
    • Indices trading
    • No ETFs
    • Futures not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by Quadcode Markets with its competitors, making it easier for you to find the perfect fit.

    Quadcode Markets Trading.com Plus500
    Currency pairs 63 69 60
    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. 519 69 2800
    Stocks
    Yes
    No
    Yes
    Commodity futures
    Yes
    No
    Yes
    Crypto 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.
    Yes
    No
    Yes
    Stock indices
    Yes
    No
    Yes
    Options
    No
    No
    Yes

    Investment options

    We also explored the trading assets and products Quadcode Markets offers for beginner traders and investors who prefer not to engage in active trading.

    Quadcode Markets Trading.com Plus500
    Bonds
    No
    No
    No
    ETFs
    No
    No
    Yes
    Copy trading
    Yes
    No
    No
    PAMM investing
    No
    No
    No
    Managed accounts
    No
    No
    No
  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at Quadcode Markets 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 /10

    We successfully registered an account with Quadcode Markets in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Quadcode Markets is $50. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fully online account opening process
    • Low minimum deposit requirement
    • Account approval may require extra time depending on the documentation.
    • Registration process may take longer than expected
    Quadcode Markets account opening
    Quadcode Markets Trading.com Plus500
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $50 $50 $100
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 20 20
    KYC time (days) 2 2 3

    Is Quadcode Markets 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

    To start trading with the broker, create a user account on its official website, confirm your personal information (verification), make a deposit, and open a live account. Follow the below step-by-step process.

    • Go to the broker's website and click the "Open Account" button in the upper right corner of the screen.

    • Enter your name and email address. You can also log in through Facebook.

    • Follow the instructions on the screen. Upload photos/scans of the documents confirming your identity.

    • Wait for verification to complete. During this time, you can use your user account, but you will not be able to open a live account.

    • As soon as managers check your documents, you will receive a notification. Now you can open a live account.

    • Enter your user account and click the "Deposit" button in the upper right corner. Enter your details and deposit funds.

    • Start trading through the broker's trading platform, using all the features of the company.

    Additional functions of Quadcode Markets’ user account:

    • Portfolio. Here traders build their investment portfolios and monitor the status of their accounts;
    • Trading history. In this block, traders see all their completed transactions with details;
    • Live chat and support. In this tab, a trader can get help from the broker’s managers;
    • Leaderboard. It displays a list of the best traders for a particular period;
    • Market analytics. This block is dedicated to the latest news with expert comments;
    • Video training. Here a guide to the main features of the Quadcode Markets trading platform is available;
    • More. There are several additional tabs with settings and technical instruments.
  • Customer Support

    Score:
    We evaluated Customer Support at Quadcode Markets 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 criteria
    6.5 /10

    Customer support at Quadcode Markets is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. Quadcode Markets provides basic support functionality but does not stand out in overall service performance.

    Information

    Technical support (or client support) is essential for any organization. For brokers, it is of primary importance, because sooner or later traders may have questions that they cannot answer on their own. And here the broker's clients need prompt and competent assistance, because otherwise they may be disappointed in the company and leave. Clients of Quadcode Markets can contact support by email or through the trader's user account. Support managers work 24/7.

    • Unregistered users can contact technical support
    • Managers work 24/7
    • For unregistered users, only email is available

    Typically, brokers offer several communication channels, including call center and live chat. These options are traditionally the fastest. Quadcode Markets does not have phone support, but there is a live chat, although only registered clients of the broker can use it.

    Traders can contact technical support by:

    • email;
    • live chat via the user account.

    The broker has its official profiles on Instagram and Facebook. You can subscribe to them to always be aware of the latest events in the company’s life and up-to-date market news.

    Contacts
    Foundation date 2021
    Registration address Suite 1002, 53 Walker Street, North Sydney, NSW 2060
    Regulation ASIC, CySEC, SCB
    Official site https://qcm.com.au/
    Contacts support@qcm.com.au

Best Quadcode Markets Alternatives

Trading.com USA
Logo Trading.com USA
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6.8 /10
Regulation Tier-1
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Plus500
Logo Plus500
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6.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
6.7 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
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6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
Venom by Cobra Trading
Logo Venom by Cobra Trading
Venom by Cobra Trading
6.4 /10
Regulation Tier-1
EUR/USD 0.25 pips

FAQs

How is Quadcode Markets regulated and what safety measures are mentioned in the review?

Quadcode Markets has a safety score of 9.3/10, described as a high security level, and is regulated by Tier-1 authorities CySEC (Cyprus) and ASIC (Australia), as well as Tier-2 regulator SCB (Bahamas). The review notes the presence of negative balance protection, KYC verification, and an investor compensation fund of up to €20,000 under CySEC, while also mentioning that the broker’s track record is less than 8 years, as it was founded in 2021.

What commissions and trading fees are highlighted for Quadcode Markets?

The review rates Quadcode Markets’ overall fee level as medium with a score of 6/10, noting low Forex trading fees and the absence of deposit, withdrawal, and inactivity fees. For the Standard account, trading costs are built into floating spreads, with typical EUR/USD spreads between 0.1–0.3 pips and GBP/USD between 0.2–0.5 pips, and it is also stated that the broker does not offer RAW/ECN accounts.

What do user reviews and feedback indicate about Quadcode Markets?

The user satisfaction score for Quadcode Markets is 7.8/10 based on 12 reviews, with 17% of ratings at 5 stars, 58% at 4 stars, and 25% at 3 stars, and no 1- or 2-star ratings reported. According to user reviews, the overall impression is mostly positive, though the section does not specify detailed pros and cons mentioned by individual users.

Which markets and tradable assets are available according to reviews of Quadcode Markets’ offering?

The review states that Quadcode Markets provides 519 total assets, including 63 Forex currency pairs, along with stocks, commodity futures, cryptocurrencies, and stock indices, but no ETFs, options, bonds, PAMM investing, or managed accounts. It also notes the availability of a copy trading platform, which is presented as an additional investment option for those who do not want to trade actively.

What feedback is provided about Quadcode Markets customer support channels and availability?

The review describes Quadcode Markets’ customer support as providing basic functionality with moderate response times, where service quality and speed can vary depending on the request. Support managers work 24/7, unregistered users can contact the broker via email only, and registered clients have access to live chat through their user account, while phone support is not mentioned as available.

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