Qube Markets

According to WikiFX data, QBM (Qube Markets) holds a core score of 6.10 out of 10 and is classified as regulated. The broker operates under multiple legal entities: QUBE MARKETS GROUP AUSTRALIA PTY LTD holds an Australian Securities & Investments Commission (ASIC) licence (No. 475072, status: Regulated); QUBE MARKETS GROUP (PTY) LTD holds a South African Financial Sector Conduct Authority (FSCA) licence (No. 54781, status: Regulated); and Qube Markets Group Limited holds an active Mauritius Financial Services Commission (FSC) licence (No. GB26205767). These licences provide regulatory oversight in their respective jurisdictions, but the level of protection depends on the specific entity, licence scope, and client location. The WikiFX score is a composite indicator and does not constitute a guarantee of safety or reliability.

Yes, QBM is regulated. According to WikiFX data, it holds three licences: Australia (ASIC): Institutional Securities Trading Licence (STP) No. 475072 – Status: Regulated. South Africa (FSCA): Derivatives Trading Licence (EP) No. 54781 – Status: Regulated. Mauritius (FSC): Securities Trading Licence (EP) No. GB26205767 – Status: Active. Each licence is held by a separate legal entity. No abnormal licence records were found.

According to WikiFX data, the minimum deposit for all account types (ECN, PRO, STD) is 0.01 units. The base currency is not specified in the data.

Yes, QBM supports both MT4 and MT5. WikiFX data shows the broker holds full licences for MT4 (count: 1) and MT5 (count: 2), and the verification result confirms it is a genuine full-license MT4/5 broker.

Based on WikiFX assessment: Pros: 1. Regulated by multiple authorities (ASIC, FSCA, and FSC Mauritius), providing oversight across different regions. 2. Offers both MT4 and MT5 platforms with full licences, indicating robust technical support. 3. Provides three account types (ECN, PRO, STD) with low minimum deposit, catering to different trading preferences. Cons: 1. The regulatory index (4.34) and business index (5.14) are relatively low compared to the software index (9.43), suggesting room for improvement in regulatory strength and business operations. 2. Operating history of 2-5 years is relatively short. 3. Maximum leverage of 1:1000 can amplify gains and losses, increasing risk, particularly for inexperienced traders.

Yes, WikiFX data shows user complaints against QBM. The platform has exposure posts where users report issues such as account deletion without prior notice, denial of withdrawals, and difficulties accessing accounts after using scalping strategies. These complaints are available on the WikiFX exposure board and should be taken into consideration when evaluating the broker.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

According to WikiFX data, QBM offers features that may be suitable for beginners. It is regulated by multiple authorities, provides a low minimum deposit of 0.01 units, supports MT4 and MT5 platforms, and allows scalping and EA usage. However, the maximum leverage of 1:1000 is high and can amplify risk for new traders. The availability of demo accounts, educational resources, and customer support quality is not specified in the data. Beginners are advised to start with lower leverage and use a demo account if available.

According to WikiFX data, spreads vary by account type: ECN account: spread of 0 (likely variable, possibly with a commission). PRO account: spread of 1.2. STD account: spread of 1.7. Commission details are not provided. The ECN account may involve a separate commission, while the PRO and STD accounts likely include the spread as the primary cost. Without full fee structure, it is not possible to conclude whether fees are high or low overall. Traders should compare total costs including spreads and any commissions.

According to WikiFX data, QBM offers three account types: ECN, PRO, and STD. The main differences are in spreads: ECN: Spread 0 (likely variable with a commission model), maximum leverage 1:1000, minimum deposit 0.01. PRO: Spread 1.2, maximum leverage 1:1000, minimum deposit 0.01. STD: Spread 1.7, maximum leverage 1:1000, minimum deposit 0.01. All accounts support lock position, scalping, EA usage, and trade forex, metals, energies, indices, and cryptocurrencies. No Islamic account option is available. The ECN account typically offers tighter spreads but may have a commission, while the STD account has higher spreads with no commission.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.