Q8 Trade Review

Q8 Trade

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Details

Broker	Q8 Trade
Website URL	https://www.q8trade.com/en
Founded	2017
Headquarters	Ioanni & Angelikis Kordari, 1 Agios Athanasios, 4102, Limassol, Cyprus
Support Number	+357-25654189
Support Types	Live chat, , Phone , Email
Languages	English , Arabic
Trading Platform	Web Trader | MT5 | Mobile Trader
Minimum 1st Deposit	$250
Bonus	Up to 25% Welcome Bonus
Leverage	Up to 1:400
Spread	Fixed/Floating
Free Demo Account
Regulated
Regulation	FSA
Deposit Methods	Credit , Debit card , American Express , Wire transfer
Withdrawal Methods	Credit , Debit card , American Express , Wire transfer
Number of Assets	1,000+
Types of Assets	Forex , Commodities , Indices , Stocks
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	95

Pros

• A trusted brand, regulated by the Financial Services Authority and FSCA.
• Coverage for a wide range of instruments, including shares in the MENA region.
• Support for Trading Central Signals and access to Duplitrade
• Access to the Hawks Trading Academy, a place packed with educational resources.

Cons

• Only several hundred different instruments are available.
• Limited features are available for Bronze account holders.

Owned and operated by MARKETFINANCIALS Limited, Q8 Trade is an online trading brand currently going through an expansion towards the international trading world. It had gone independent from Q8 Securities, which was a company focused on the Middle East and North Africa (MENA) region, wanting to provide its services for a wider audience. With the latest changes, Q8 Trade accepts clients from all around the world, except for residents in 50+ countries where these services are not suited according to local regulation.

Regulation

To become a trusted international trading brand, Q8 Trade is currently on a path to acquiring multiple licenses from all around the world. So far, the company is authorized and regulated by the FSA under the license number SD006 and registration number 8413711-1. With this license the broker can provide its services for Western World customers, complying with the highest trading standards.

Based on the information provided by the company, more big regulatory approvals are coming in the near term, Q8 Trade, a regulated broker, thus provides stability and confidence for its traders, but at the same time, it comes with multiple trading tools and features.

Trading Software

To start with the trading platforms, there are multiple choices available for traders, including:

• A Web-based platform
• The world-renowned MT5
• Q8 Trade mobile app for Android and iOS.

This means traders will have access to the market at any point, from any location, and using any device, thanks to the complete offer of Q8 Trade. The trading software integrated high-ranking technology and provides access to advanced charting techniques, risk management tools, and multiple trading tools designed to enhance the trading process.

Q8 Trade had introduced a new exclusive tool for Gold, Platinum, and Diamond account holders: Trading Central Signals. With it, customers get daily trading signals on a host of different assets, being able to build their personal portfolio and receive signals on their chosen preferred assets.

At the same time, Q8 Trade had partnered with DupliTrade, to offer a premium automated trading service for high rolling traders who don’t have enough time to trade. The Q8 Trade auto-trading system is designed to help traders in their trading process, executing trades automatically, by copying the strategies of the best traders in the world.

The top 3 strategy providers available via DupliTrade had managed to generate significant returns over the past 6 months:

• Amber – 384.05%
• Orion – 141.15%
• Legacy – 113.47%.

Another proof showing Q8Trade’s success comes from the fact that it closed the half-year trading activity with a 70% success rate for all opened trades, the statistics being based on millions of trades opened during the first 6 months of 2020.

Account Types

Traders wanting to work with Q8 Trade can choose between 5 different account types:

• Bronze
• Silver
• Gold
• Platinum
• Diamond

Each one comes with different features, such as access to the Hawks Trading Academy (another partner of Q8 Trade), support from an account manager, Trading Signals, welcome and upgrade bonus, daily market analysis, more competitive spreads, and others.

At the same time, Q8 Trade offers Islamic accounts for anybody wanting to open 100% interest-free positions. They can trade hundreds of different instruments, gain full access to all analysis tools, all of them not limited to any particular nationality or religion.

Promotions

To provide further incentives for customers to choose its services, Q8 Trade is proud to announce that it offers a welcome bonus ranging from 10% to 25% (depending on the account type), and an upgrade bonus ranging from 5% to 20%. Each of them is subject to terms and conditions, which means traders will need to reach a rollover target before being able to withdraw money.

Educational Content

Educating traders is also one of the main priorities at Q8 Trade, the main reason why customers will get access to a wide range of materials designed to help them understand the markets better. Depending on the trading account chosen, customers can get access to the popular Hawks Trading Academy, video content, daily market analysis, eBooks, trading signals, long-term financial plan, and other features.

Summary

Based on increased attention to regulation, a wide range of trading features and tools, as well as plenty of options for traders all around the world, Q8 Trade truly is one of the reliable trading brands that are currently expanding internationally. As seen in our Q8 Trade Review, there are multiple reasons why traders should choose to work with this broker, highly-recommended from our side.