What Account Types and Fees Does QUANTUM METAL Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Gold Storage Account |
All traders interested in gold investment |
Low minimum deposit, secure storage for physical gold |
Minimum initial purchase of RM 10 worth of gold |
| Gold Asset Enhance (GAE) 5× |
Experienced traders seeking leveraged exposure |
Leverage of up to 5 times capital |
Requires understanding of leveraged trading risks |
| Gold Asset Enhance (GAE) 10× |
Advanced traders looking for higher leverage |
Leverage of up to 10 times capital |
Requires thorough knowledge of market conditions |
Account Opening Process
To open an account with QUANTUM METAL, prospective traders must complete several steps. First, they need to submit personal information such as their name, address, and contact details. Following this, employment and financial information will also be required to assess the trader’s background. As part of the identity verification process, traders must provide valid identification documents and proof of address. After the account is set up, there is flexibility to upgrade to a professional account later if the trader meets the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
[Spread Value] |
[Commission Value] |
Tight spreads available |
| CFDs (Stocks, Indices, Commodities) |
[Spread Value] |
[Commission Value] |
Varies by asset type |
| Cryptocurrencies |
[Spread Value] |
[Commission Value] |
Market fluctuations impact fees |
Other Fees
In addition to trading fees, QUANTUM METAL may impose various other costs. Deposit and withdrawal fees could apply, particularly for transactions involving physical gold. Inactivity fees may be charged if an account remains dormant for an extended period. There could also be platform usage fees, although details are not specified. Traders should be aware of overnight interest (swap rates) that may apply to certain positions, as well as potential currency conversion fees for deposits or withdrawals in different currencies.
