Basic Information
Registered Region 
South Africa
South AfricaOperating Period
2-5 years
Company Name
QuickTrade (Pty) Ltd
Customer Service Email Address
hello@quicktrade.world
Contact Number
+27829083332
Company Website
Global Broker Regulation Inquiry App
WikiFX
Unverified
Score
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/10
QuickTrade
South Africa
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
Suspicious Overrun
|
High potential risk
https://www.quicktrade.world
Website
Rating Index
Influence
Influence
C
Influence index NO.1
South Africa 4.10Surpassed 14.60% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+27 82 908 3332
hello@quicktrade.world
https://www.quicktrade.world
54374, Grand Union Building Block A, New CBD Gaborone, Botswana
LicensesLicensed Entity：QUICKTRADE (PTY) LTD
License No. 45262
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Wiki Q&A
Comment
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Official website
Website
- 129.232.249.95Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
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Relevant Enterprises
QUICKTRADE, INC.(Delaware (United States))
Active
United States
Registration No. 6572226
Established
Related sources Website Announcement
Employees
Company 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
| Pros | 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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
News
News WIKIFX REPORT: The Financial Market Demo – Become a Better Trader Without Losing a Cent
Demo accounts are offered all over the internet, and customers who visit financial websites are frequently bombarded with offers to open one. Demo account trading can be thought of as a more advanced version of paper trading.
News WIKIFX REPORT: How to Practice CFD Trading Without Losing Any Money
CFD trading allows you to speculate on the price of a market in the future, going 'long' if you believe it will rise and'short' if you believe it will decrease. This article walks you through the steps of trading CFDs, from opening an account to canceling a position, and includes examples of CFD trades.
News WIKIFX REPORT: The Definitive Guide to Successful Financial Market Trading
Many people still regard trading the financial markets as a complicated and risky business, but neither of these assumptions are correct. If you know what you are doing and stick to the very basic rules of dealing then there is no reason at all why you cannot make life-changing amounts of money for as long as you keep trading. If you are ready to take your first big step into the ebbing, follow our article, read, understand and implement the ideas involved.
Wiki Q&A
Vladimir 
1-2 years
Is QuickTrade regulated?
QuickTrade is currently unregulated, and this raises a major red flag for me. As a trader, I value regulation because it ensures client protection and compliance with financial standards. In my quicktrade reviews, I would highlight this as a key downside, as unregulated brokers often carry higher risks.
Broker Issues
Regulation
08-11
United States
J Forex Trader
1-2 years
Is QuickTrade safe and legit?
Since QuickTrade is unregulated, I personally feel hesitant about its safety. Although it was once regulated by South Africa's FSCA, its current unregulated status makes it risky. In my quicktrade reviews, I would caution other traders to be wary and consider the lack of regulation before committing.
Broker Issues
Regulation
08-05
United States
gnsrael
1-2 years
What withdrawal methods does QuickTrade support?
QuickTrade supports a range of withdrawal methods, including cryptocurrencies like Bitcoin, Ethereum, and USDT. They also accept traditional payment methods like Visa and Mastercard. In my quicktrade reviews, I would appreciate the flexibility of these options, but I would confirm with customer support to ensure these methods work in my region.
Broker Issues
Withdrawal
Deposit
07-19
United States
ryad22
1-2 years
What demo account does QuickTrade offer?
QuickTrade offers a demo account, which is great for me as a beginner. I can practice trading without risking any real money. However, it’s not clear whether the demo account comes with virtual funds or how long it lasts. In my quicktrade reviews, I would recommend confirming these details with their support team before using it.
Broker Issues
Account
Instruments
Platform
Leverage
07-09
United States
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