Q8 Trade Review – Does the app really work or is it a scam?
Q8 trade is a forex broking based in the center East with places of work in Limassol and Kuwait metropolis. The broking gives systems, such as MT4, plus a cell app and numerous powerful buying and selling aides. in this evaluation of Q8 trade, we cowl withdrawals, prices, demo money owed, and the internet site login technique.
Q8 Trade is the brand name of MarketFinancials Limited, which is licensed and regulated by the Financial Services Authority (FSA) of Seychelles. Since 2017, the broker has provided multiple instruments, Islamic accounts, and cross-platform trading.
Q8 Trade has offices in Kuwait, the UAE, Cyprus, and Bahrain. And with many of its clients from Dubai, Qatar, Saudi Arabia, Amman, and Israel, the broker aims to expand its presence in the Middle East and North Africa.
The broker’s proprietary web platform is easy to access straight from your internet browser and is provided free of charge. The platform offers user efficiency with an easy-to-navigate interface and fast execution.
BENEFITS OF Q8 TRADE :
Q8 Trade provides its clients with a number of the most advanced and modern-day technologies for trading which includes the extensively respected and powerful MetaTrader five (MT5) platform this is handy on desktop, web, and most cellphone and tablets devices, along with iOS and Android. The popular MetaTrader 4 (MT4) platform is likewise available. The MetaTrader platform capabilities consist of:
- Real-time bid/ask fee quotes within the marketplace watch window
- The fully customisable person interface
- multiple chart sorts & timeframes
- Assist for a couple of order sorts & one-click on buying and selling
- A full-size array of technical signs & drawing tools for marketplace evaluation
- Automated trading thru professional advisors (EAs)
- Method tester to again check EAs over ancient information
- MQL community to percentage thoughts & equipment with other investors
- MetaEditor to create your custom indicators, scripts & EAs
- Alert notifications via email, SMS & platform pop-ups
- To be had for desktop internet & cell devices (iOS & Android)
HOW TO USE Q8 TRADE:
Q8 Trade has made its account opening procedures easy, fast, and straightforward. The broker offers many different accounts and plans, each with its characteristics.
Spreads on the Q8 Trade platform are often wider in comparison to the competition. This broker also charges an inactivity and withdrawal fee. Q8 Trade does not have any fees or commissions associated with trading itself. They make money by the so-called “spreads”. This is the difference between BUY and SELL prices for positions closed before the end of a trading day. This broker charges an extra mark-up on those spreads. Compared to other brokers the spreads on Q8 are much higher. you could fund your Q8 trade account via credit score cards or twine switch. They provide few options as compared to the opposition. They don’t consist of popular solutions inclusive of PayPal, Neteller, and Skrill. The deposits are freed from charge; yet, the credit card agency or the bank may impose their expenses.
FEATURES OF Q8 TRADE:
forex, quick for forex and also referred to as FX or currency trading, is the biggest market in the world in terms of volume, with each day trading volume of over $5 trillion. With Q8 trade, you can diversify your trading procedures by using buying and selling an extensive portfolio of pairs which includes the most important, minor, and distinct foreign money pairs.
Commodities are not unusual products of uniform pleasant that can be traded throughout diverse markets. Commodities that include herbal gasoline, gold, sugar, cotton, coffee, cocoa, and oil can be used to efficaciously diversify a portfolio. thru Q8 trade’s CFD trading you may alternate all key commodities through the agent’s modern platforms.
stocks, also called equities, permit buyers to shop for a share of a public enterprise, which may be bought or offered on the inventory marketplace. Q8 trade provides you with getting right of entry to hundreds of the most famous global stocks, inclusive of Apple, Google, FB, and Amazon.
Indices, also known as Indexes and inventory Indices, are assets grouped in a described portfolio representing international markets, countrywide markets, or precise sectors. important financial indexes encompass the S&P 500, FTSE 100 Dow Jones, and NASDAQ. Q8 trade’s buying and selling platform give get right of entry to to all primary indices.
Is Q8 Trade legit?
Q8 Trade is a legitimate company that holds an official regulatory license with the Financial Services Authority (FSA) in Seychelles.
Where is Q8 Trade based?
Q8 Trade is based in several local locations in the MENA region, with its primary office in Amman, Jordan. There are also additional support offices in Limassol, Cyprus, and Kuwait City.
How do I download the Q8 Trade app?
iOS and Android mobile users can download the app from the App Store or Google Play store.
Do Q8 Trade charge commissions?
No, fees at Q8 Trade are included in the spread, as well as the rollover commission, which can be found in the contract specifications
Q8 trade presents its customers with expert get admission to numerous worldwide monetary markets thru intuitive buying and selling systems and various schooling and academic assets to aid clients of all revel in levels to deal with the information and volatility of financial markets effectively. The broker offers investors full get entry to beneficial tools and facts to help them make informed decisions approximately monetary investments. despite this, the spreads aren’t the bottom that we’ve visible at the same time as there are extra prices that a few different online brokers do no longer fee. ordinary, the buying and selling brokers team do not forget this unique broking to have a stable presenting however you can want to see our pleasant online brokers for some opportunity alternatives.
even though local, international shares, FX, or CFD buying and selling can be profitable, it is, related to an excessive hazard of dropping your funding. The risk will grow while buying and selling on margin vendors. customers need to impose due diligence and be careful while taking their buying and selling selections. it’s miles the sole duty of the purchaser to examine and gain the expertise and revel in required to apply the trading platform and anything might be needed to alternate properly. customers need to recognize that the dangers of buying and selling may once in a while triumph over the entire capital invested. customers must also recognize that know-how and experience do now not necessitate making profits since the markets may be laid low with other unexpected elements that could result in customers ‘losses such as economic and/or political crises and many others.