What Account Types and Fees Does QT Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and intermediate traders |
Low spreads, user-friendly platforms, and educational resources |
Suitable for small-capital traders looking to gain experience |
| Professional Account |
Experienced traders |
High leverage, lower spreads, and advanced trading tools |
Requires proof of trading experience and a minimum trading volume |
| Corporate Account |
Corporate clients and institutions |
Customized services, high-volume trading options, and dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Muslim traders |
Swap-free trading conditions |
Must comply with Islamic finance principles |
| Demo Account |
All trader levels |
Risk-free environment to practice trading |
No capital requirement, suitable for testing strategies |
Account Opening Process
To open an account with QT, users must follow a straightforward process which includes submitting personal, employment, and financial information. Identity verification is an essential step, requiring valid identification and proof of address. Additionally, QT offers account flexibility, allowing users to upgrade to a professional account as their trading experience and volume grow.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Highly liquid pairs with competitive pricing |
| CFDs (Stocks) |
0.1% |
$0 (ECN: $2/lot) |
Access to 150+ stock CFDs |
| CFDs (Commodities) |
3 |
$0 (ECN: $2/lot) |
Includes gold and oil trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
QT may also charge various fees beyond trading, including deposit and withdrawal fees for certain payment methods, inactivity fees for accounts that remain dormant for an extended period, and platform usage fees if applicable. Additionally, overnight interest (swap rates) may apply to positions held beyond one trading day, and currency conversion fees could be incurred when trading in different currencies.
