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QF Markets

Suspicious Clone
South Africa
,
Since 2022
Last Updated:
45/100
Overall Score

Trading Conditions

Min Deposit:
USD5
Max Leverage:
2000
Account Types
CentStandardPremium+1 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

LetKnow

other
Instant
Fee:
Free
Fee:
Free

Help2Pay

other
Instant
Fee:
Free
Fee:
Free

Local Payment Solutions

other
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 16%, 2: License 61%, 3: Software 50%, 4: Spread 0%, 5: Account Type 50%, 6: Symbol 0%
Regulation
16%Poor
License
61%Fair
Software
50%Fair
Spread
0%Poor
Account Type
50%Fair
Symbol
0%Poor

Company Information

Full Name:Quality FX (Pty) Ltd
Founded:2022
Headquarters:South Africa
Enterprise Offices:1offices

Customer Support

Phone:
+61 291890220
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

In the fast-changing landscape of forex trading, one of the new names to keep an eye on since launching in 2022 has been QF Markets. This broker places an emphasis on delivering trading conditions that are more accessible for many traders, and it has captured the attention of several in the retail trading community.

Even though QF Markets is quite new, the broker has a lot of interesting features for beginner and experienced traders alike. As with all financial service providers, it is still important to take a deeper look at what services they offer, their regulatory standing, and their reputation in the market, to establish where they fit into the competitive forex trading market.

This article will give you an overview of QF Markets which will include a discussion of its background, features, regulatory status, trading conditions and user experience. By analyzing the above factors, traders should be able to make an informed choice if QF Markets meets their trading needs and expectations.

Background and History

QF Markets, founded in 2022, is a relatively new name in the forex brokerage industry. The identity of the founders has not been disclosed but the company is located in the Marshall Islands with a physical address in Limassol, Cyprus. From the very first day of operation, QF Markets' mission is to offer trading conditions that are attractively accessible to retail traders with low minimum deposits and high leverage.

Upon launch, QF Markets has also concentrated efforts on enhancing the trading experience that employs the latest developments; by exclusively using the MetaTrader 5 (MT5) trading platform, the company supports traders with modern tools and capabilities that will help a trader execute trade in an efficient way.Key Features and Offerings

QF Markets delivers several features tailored to the needs of forex traders. They only offer the MetaTrader 5 (MT5) platform, available for PC, Web, and Mobile, to satisfy the needs of traders on the move.

Traders can have access to a selection of instruments, including more than 40 major currency pairs, commodities, indices, cryptocurrencies, and shares. QF Markets' competitive advantages include high leverage of up to 1:2000 and ultra-low spreads starting at 0.0 pips for major pairs. QF Markets does not charge deposit fees or withdrawal fees to provide for cost-oriented traders.

Regulatory Compliance and Licensing

Regulatory compliance is an important factor for any forex broker, and QF Markets fits within reason. Registrated in the Marshall Islands, the regulatory status of the broker is in question due to a suspicious cloned license related to the FSCA (Financial Sector Conduct Authority) in South Africa.

Regulator

License Number

Status

FSCA (South Africa)

46087

Cloned License

The regulatory condition may place doubt in potential traders to a broker, further highlighting the need for due diligence before trading with the broker.

Trading Conditions and Platform Technology

QF Markets offers attractive trading conditions that can appeal to a range of traders.The spreads offered by the broker begin at 0.0 pips for the major pairs, 1.0 pips for the minor ones, and 1.5 pips for the exotic pairs. With leverage options reaching up to 1:2000 and a minimum deposit minimum of $5, QF Markets makes it an appealing option for traders wanting to accommodate for flexibility and low barriers to entry.

 

Condition

Details

Spreads

0.0 pips (major pairs)

Leverage

Up to 1:2000

Minimum Deposit

$5

The MetaTrader 5 platform provides a solid trading experience that is further aided by advanced charting tools, one-click trading, and fast execution speeds, which on average execute in 120 milliseconds. All these features enhance the trader experience by ensuring effective and efficient trade execution as traders execute investment strategies.

Fee Structure

QF Markets employ a transparent fee structure, and, number one, there are no deposit or withdrawal fees- an appealing option for traders who want to limit trading costs. Additionally, the broker does not charge commissions on the majors, minors, or exotic pairs, making it cost-effective.

Fee Type

Details

Deposit Fees

None

Withdrawal Fees

None

Commissions

None on major, minor, and exotic pairs

 

Although the broker doesn't have any inactivity fees or mentionably any other fees, we do recommend traders remain diligent and read the terms and conditions for all potential costs.

User Experience and Market Reputation

The reviews from customers of QF Markets are generally positive, with traders praising the low spreads and customer service experience. Nonetheless, traders are also raising flags about the broker being not regulated, so there is uncertainty about the broker.

QF Markets hasn't been rated on some of the review platforms, and with user-friendly conditions and conditions, trader experience is positive even if there isn't a reputation. The lack of regulatory may affect more cautious trader opinions.

Recent Developments

As of 2024-2025, there are no major updates or changes other than clarifying a misunderstanding surrounding IP violation issues. Otherwise, the broker continues to offer the same offerings and positions, retaining its focus on providing an accessible trading option.

Conclusion

QF Markets is an option for traders looking for low-cost, high-leverage trading options. In summary, the broker has consistent spreads, no fee structures, and has a solid and advanced trading platform for all trading styles. However, clients must remember that the regulatory issues surrounding the broker and a cloned license may present risks.

In the end, the appeal to QF Markets comes from the broker being favorable in trading conditions, yet it is up to traders to weigh favorable factors against regulatory factors and risk.

Regulatory Licenses

Compliance & oversight

1 license
South Africa
FSCATier 2
South Africa#46087
License Details
Type:Financial Service Corporate
License #:46087
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

4 types
Cent
Cent
Min Deposit USD 5 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 5
Leverage1:2000
CommissionNo commissions
Standard
Standard
Min Deposit USD 5 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 5
Leverage1:2000
CommissionNo commissions
Premium
VIP
Min Deposit USD 250 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 250
Leverage1:2000
CommissionNo commissions
Raw Spread
ECN
Min Deposit USD 500 • Leverage 1:2000 • Commission No commissions
Min DepositUSD 500
Leverage1:2000
CommissionNo commissions
4
Total Types
4
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
LetKnow
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Help2Pay
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Local Payment Solutions
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Bank Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
4
Free Deposit
4
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with QF Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark QF Markets at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for QF Markets

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://qfmarkets.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

1 platform

Corporate Network

Enterprise structure & relationships

1 entities

Quality FX (Pty) Ltd

South Africa
active

Registration

N/A

Established

2022-01-01

Comments

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