Company Profile
Company Profile
Review summary
| QuickTrade Review Summary | |
| Founded | 2021 |
| Registered Country/Region | South Africa |
| Regulation | Suspected Fake Clone |
| Market Instruments | Commodities, Currencies, US Equities, and Indices |
| Demo Account | Not Mentioned |
| Leverage | Not Mentioned |
| Spread | Starting from 0 pips |
| Trading Platform | MT5 |
| Min Deposit | Not Mentioned |
| Customer Support | hello@quicktrade.world |
| +27 82 908 3332 | |
QuickTrade Information
QuickTrade is an online CFD trading platform that offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. The platform offers 100% FTD Bonus Trading accounts and Islamic Trading Accounts for clients through MetaTrader 5. However, they do not specify any fees for deposits and withdrawals.
Pros and Cons
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Is QuickTrade Legit?
QuickTrade once had a Financial Service Corporate license, but it is now in the state of Suspected Fake Clone.
| Regulatory Status | Suspected Fake Clone |
| Regulated by | South Africa |
| Licensed Institution | The Financial Sector Conduct Authority (FSCA) |
| Licensed Type | Financial Service Corporate |
| Licensed Number | 45262 |
What Can I Trade on QuickTrade?
QuickTrade offers many tradable assets, mainly including commodities, currencies, U.S. equities, and indices. Although there is no metal trading or bond trading, you still have a good mix of investment options.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| US Equities | ✔ |
| Indices | ✔ |
| Bond | ❌ |
| Shares | ❌ |
| Metals | ❌ |
Account Type
QuickTrade offers bonus trading accounts and Islamic trading accounts.
100% FTD Bonus Trading account:
QuickTrade offers a bonus trading account with a 100% deposit bonus for first-time users. This bonus is typically placed in a separate trading account, allowing traders to potentially increase their trading margin. Note that minimum and maximum deposit amounts may apply, and the bonus itself usually cannot be withdrawn.
Islamic Trading account
QuickTrade's Islamic Trading Account is designed for clients who follow Islamic principles by not involving swap or interest charges. Instead, the trading process focuses on profit-sharing mechanisms and ethical compliance with Islamic finance principles.
QuickTrade Fees
QuickTrade charges commissions per point for CFD instruments like Brent Crude Oil, Gold, Natural Gas, WTI, Platinum, and Palladium. They also list spreads for similar CFD commodity instruments, including Silver. But the specific number is not mentioned.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
QuickTrade offers various funding methods, including bank transfers, card payments (Visa, Mastercard), and several online payment processors like Skrill, OPay, Ozow, and others. However, they do not specify any fees for deposits and withdrawals.
