What Account Types and Fees Does QCG Offer?
| Account Type |
Target User Group |
Key Characteristics |
Applicability Notes |
| Standard Account |
General traders |
Accessible trading with competitive spreads |
Suitable for beginners and casual traders |
| ECN Account |
Experienced traders |
Tight spreads and direct market access |
Requires knowledge of ECN trading |
| Swap-Free Account |
Islamic traders |
Compliant with Islamic finance principles |
Requires documentation to verify eligibility |
| Virtual Account |
New traders |
No real money, practice environment |
Ideal for testing strategies without risk |
| Social Copy Trade Account |
Traders looking to copy strategies |
Enables following experienced traders |
Requires familiarity with copy trading |
| Promotion Account |
Traders seeking promotional benefits |
Access to special offers and bonuses |
Eligibility depends on promotional terms |
Account Opening Process
To open an account with Quantum Capital Group (QCG), traders must follow a straightforward process. First, candidates need to submit personal information, including their name, address, and contact details. Next, employment and financial information are required to assess the applicant’s trading profile. Identity verification is crucial; users must provide a valid ID and proof of address to confirm their identity. After completing these steps, traders have the flexibility to upgrade their accounts later, such as moving to a professional account as they gain experience and meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
From 1.5 |
$0 |
Competitive spreads for popular pairs |
| CFDs (Stocks, Indices, Commodities) |
Varies |
Varies |
Depends on the specific asset |
| Cryptocurrencies |
Varies |
Varies |
Market volatility affects spreads |
Other Fees
Traders should also be aware of additional costs associated with their accounts. These may include deposit and withdrawal fees, which can vary depending on the chosen payment method. Inactivity fees may apply if an account remains dormant for an extended period. Depending on the broker’s policies, platform usage fees may also be applicable. Overnight interest, or swap rates, can affect positions held overnight, while currency conversion fees may apply when trading in different currencies.
