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.
TU Expert Verdict
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.
Top-5 Brokers Traders Prefer
Quadcode Markets User Reviews
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5-star
17%
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4-star
58%
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3-star
25%
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2-star
0%
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1-star
0%
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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 criteria6 /10The 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, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- No inactivity fee
- No deposit fee
- No withdrawal fee
- No ECN/Raw Spread account
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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 criteria9.3 /10Quadcode 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
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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 /10Quadcode Markets offers the following account options: Demo, Standard.
However, Quadcode Markets does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.
- Low minimum deposit
- Demo account
- Standard account with balanced trading conditions
- No VIP account option
- No ECN/Raw spread account
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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 methodology6.5 /10Quadcode Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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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 criteria7.8 /10Quadcode 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.
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Trading Account Opening
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.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 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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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 criteria6.5 /10
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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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