Forex QuoMarkets Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.7

Business 2.0

Risk Control 2.3

Software 3.0

Regulatory 2.5

Terminal Snapshot

QuoMarkets Trading Conditions

Registered Region Saint Vincent and the Grenadines

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@quomarkets.com

Contact Number N/A

Website quomarkets.com

Balanced Review

Pros & Cons

Pros

Access to popular trading platforms: MetaTrader 4 and MetaTrader 5
Diverse range of trading instruments including forex, commodities, indices, and cryptocurrencies
Multiple account types catering to different trading strategies
Competitive trading conditions with low spreads
Availability of a demo account for practice and strategy testing

Cons

Not regulated by any recognized financial authority
Limited customer support options, mainly via email
Withdrawal process may involve delays and additional documentation
Potential for high slippage during trading
No educational resources for beginner traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	QuoMarkets	Anzo Capital	Focus Markets	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Saint Vincent and the Grenadines	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does QuoMarkets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and experienced traders	Competitive spreads, user-friendly	Suitable for traders of all experience levels
Raw Account	Experienced traders	Ultra-low spreads, stable execution	Best for those seeking minimal trading costs
Zero Account	Traders focused on major pairs	No spread concerns, efficient trading	Ideal for high-volume trading
Limitless Account	All traders	Unlimited leverage, flexible trading	Available for those comfortable with higher risks
Demo Account	New traders or those testing strategies	Risk-free trading environment	Used for practice and education

Account Opening Process

To open an account with QuoMarkets, traders must complete a straightforward process that involves submitting personal, employment, and financial information. Identity verification is a crucial step, requiring submission of an ID and proof of address. The broker offers account flexibility, allowing users to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	As low as 0	$0	Competitive for major pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Depends on the asset
Cryptocurrencies	Varies	Varies	Variable based on market conditions

Other Fees

QuoMarkets may charge various fees, including deposit and withdrawal fees, which can vary based on the payment methods used. Inactivity fees may apply if accounts are not utilized for an extended period. Additionally, traders should be aware of potential overnight interest (swap rates) and currency conversion fees that may occur during trading activities.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

QuoMarkets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Mr. Rolex

United States

★ ★ ★ ★ ★

I deposited after full KYC and built my balance to €4,878.06. When I tried to withdraw, QuoMarkets first refused to return funds to my Visa card, then told me to use USDT. They blocked the withdrawal and demanded unrelated documents like a tax ID, which were not in their Client Agreement. This is unethical and deceptive. If you value your money, stay far away from QuoMarkets.

FiboMen

Brazil

★ ★ ★ ★ ★

Initially, the execution was fast, but after a few trades, I experienced severe slippage and delayed execution. It was frustrating to see slippage of 30 points on a flat market. Overall, I would not recommend this broker due to these issues.

Paluszkiewicz M.

Poland

★ ★ ★ ★ ★

The QuoMarkets platform is very easy to use, and I appreciate the available customer service. Deposits and withdrawals are quick and straightforward. Overall, I have had a positive experience and find the platform user-friendly.

Zootarder83

Poland

★ ★ ★ ★ ★

I have been trading with QuoMarkets for several months, and everything has been great. Deposits and withdrawals are instant, and the transaction costs are low. The customer support is very helpful, and I have no complaints. A solid broker overall.

Saint Vincent and the Grenadines Market