What Account Types and Fees Does QRS Global Offer?
| Account Type |
Target User Group |
Key Characteristics |
Applicability Notes |
| QRS Cent Account |
Beginners |
Low minimum deposit, no commissions |
Suitable for small-capital practice, starts at $10 |
| QRS Freedom Account |
Retail Traders |
Competitive spreads, no commissions |
Accessible with a minimum deposit of $10 |
| QRS Standard Swap-Free Account |
Traders avoiding swaps |
Similar trading conditions to other accounts, swap-free |
Minimum deposit of $10 required |
| Pro MT5 Account |
Experienced Traders |
Lower spreads, potential for higher leverage |
Requires a minimum deposit of $1,000 |
Account Opening Process
To open an account with QRS Global, prospective traders must complete several steps. Initially, they will need to submit personal information along with employment and financial details. After this, identity verification is required, which typically includes providing a valid ID and proof of address. QRS Global allows flexibility in account management, enabling traders to upgrade to a professional account as their trading experience and needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 |
Competitive pricing on popular pairs |
| CFDs (Gold) |
1.0 |
$0 |
Standard trading conditions |
| CFDs (Oil) |
1.5 |
$0 |
Commonly traded commodity |
| CFDs (Indices) |
1.2 |
$0 |
Popular index options |
| Cryptos (BTC/USD) |
1.0% |
Variable |
Depends on market conditions |
Other Fees
QRS Global may charge various fees that are important for traders to consider. These include potential deposit and withdrawal fees, although specific amounts are not disclosed. Inactivity fees may apply if there is no activity on the account over a specified period. Platform usage fees are not mentioned, indicating the possibility of no additional charges for using their trading platform. Traders should also be aware of overnight interest (swap rates) for positions held overnight, as well as any currency conversion fees that may arise during trading activities.
