QF Markets

QF Markets Broker Overview

QF Markets is the trading brand of Quality FX Ltd, a company that its own website states is registered in the Marshall Islands under registration number 118067, with a head office address in Limassol, Cyprus. The broker has operated since 2022 and offers a single platform, MetaTrader 5, across around 40 currency pairs together with shares, commodities, indices and cryptocurrencies. Its commercial pitch is a low entry point and very high leverage: four account tiers starting at 5 US dollars on its published comparison table, and a maximum of 1:2000 on every tier. There is no confirmed financial regulation behind any of it, and that is the most important thing a prospective client has to weigh.

QF Markets Regulation and License

QF Markets has no confirmed financial regulation. One licence number is linked to the brand: Financial Sector Conduct Authority (FSCA) FSP number 46087 in South Africa. On 15 October 2026 the FSCA register showed that number as active but held by GatesFX (Pty) Ltd, a different South African company. The register lists no authorised provider under the name Quality FX. The number is a real South African authorisation, but it is not this operator's. It does not cover Quality FX Ltd of the Marshall Islands, which is the company that holds client money. It does not appear anywhere on the QF Markets website either.

The broker's own legal documents deepen the gap rather than closing it. Its Complaints Policy describes the organisation as an authorised Financial Services Provider and its Funds Policy calls it an authorised company, yet neither document names the authority or the licence it means, and no authority is named on the website either. No regulator is confirmed as supervising QF Markets, and no compensation or deposit insurance scheme is confirmed as covering its clients.

Is QF Markets Regulated?

No. No authority is confirmed as regulating QF Markets or Quality FX Ltd. The only licence number linked to the brand is registered to another company, and the broker shows neither that number nor any supervising authority on its own site. Its Marshall Islands registration is a company registration, which records that a company exists and says nothing about permission to hold client money or to deal in derivatives.

Quality FX Ltd

Quality FX Ltd is the legal company behind the QF Markets brand, and the terms of use state that the website is owned by Quality FX Ltd trading as QF Markets. According to the broker's own footer it is registered in the Marshall Islands under number 118067, at Trust Company Complex, Ajeltake Road, Ajeltake Island MH96960, Majuro. The same footer gives a head office at 59 Agiou Athanasiou, 4102 Limassol, in Cyprus, and the contact page repeats that address. No Cyprus company is named anywhere on the site, so a reader is given a European operating address without being told which entity operates there or under what supervision.

Is QF Markets Safe?

The absence of confirmed regulation is the central risk, and several terms in the broker's own contract compound it. Clients have five working days to put a complaint in writing, and the Complaints Policy states that failing to object within that period is deemed ratification of everything the company has done; the procedure ends with the Managing Director, names no ombudsman or external body, and may be amended or cancelled by the company at any time. Trade confirmations become conclusive after two business days. The Terms allow the company to cancel or deduct any profit, including historic profit, that it decides resulted from abusive behaviour, a term the documents never define, and the Order Execution Policy allows it to alter or cancel an executed transaction at its sole discretion. Total liability is capped at the revenue the client generated in the six months before the claim. The Risk Disclosure states that the client must pay all losses sustained, so there is no negative balance protection, and it warns that segregation may not give complete protection if the third party holding client money defaults.

QF Markets Account Types

Four tiers are published: Cent, Standard, Premium and Raw Spread. Cent and Standard both show a 5 US dollar minimum on the comparison table, Premium 250 and Raw Spread 500. All four carry leverage of up to 1:2000, a 0.01 minimum lot, a 50 percent margin call and a 20 percent stop out, with the US dollar as the only base currency. Spreads start at 1.8 pips on Cent, 1.5 on Standard and 1 on Premium, and from 0 on Raw Spread, which is the only raw spread tier. Cent and Raw Spread list 50 or more symbols, Standard and Premium 100 or more, and only Cent is left without personalised customer support.

Two of the table's claims are narrowed by the client agreement. The table says all strategies are allowed on every tier, while the agreement states the client is not entitled to use an Expert Adviser on the Cent Account and makes scalping, which it defines as trading within a timeframe usually under five minutes, an event of default. The table gives the maximum number of positions as unlimited, while the agreement caps the Cent Account at 100 open positions at a time. A swap-free Islamic option is available on Cent, Standard and Premium on request and on religious grounds only, with certain exotic and cryptocurrency pairs excluded including Turkish lira, South African rand and oil pairs. Raw Spread has no swap-free option.

QF Markets Spreads, Commissions and Fees

The broker states there are no commissions on any of its accounts, so the cost of trading sits in the spread, which is variable and starts at the per tier figures above. Two charges in the client agreement are easier to miss. An account with no login, trading, withdrawal, deposit or internal transfer for 30 calendar days is treated as dormant and incurs a 10 US dollar penalty for each month of inactivity, with any remaining bonus credits removed. Storage fees are charged daily on open positions, after a seven day grace period for forex, metals and shares and from the first day for cryptocurrencies and indices, at a rate that appears in none of the published documents. Anything left unpaid carries interest at the applicable rate plus 4 percent a year, and the company may vary its costs on five business days notice.

The minimum deposit is the clearest case of the site and the contract disagreeing. The account comparison advertises 5 US dollars for Cent and Standard, while the client agreement sets a minimum initial deposit of 100 US dollars and reserves the right to close an account that holds less.

QF Markets Leverage

Leverage runs up to 1:2000, and the same cap applies to all four account tiers rather than tightening on the entry level ones. The broker describes it as dynamic, varying with the instrument type and the lot size.

QF Markets Trading Platforms

MetaTrader 5 is the only platform, offered as a Windows desktop download, a browser based WebTrader and Android and iOS apps. There is no MetaTrader 4 and, by the broker's own statement in its help centre, no API trading. Copy trading is offered as a provider and subscriber service under its own terms, and PAMM manager and investor accounts have their own registration, but both run on the same platform rather than adding another.

QF Markets Deposits and Withdrawals

The site names LetKnow, Help2Pay and Local Payments Solutions as deposit routes and then adds any other preferential methods, so that list is incomplete on its own terms. The help centre and the client agreement together document debit and credit cards, digital wallets, bank transfer and Swift, and cryptocurrency, with deposits accepted in US dollars and in BTC, ETH, LTC, XRP, BCH, DASH, ADA, ZEC, USDT and Binance Pay. USDT is accepted on the TRC20 and ERC20 networks only. Deposits are credited within one business day of the funds clearing. The help centre says a withdrawal is processed in between a few minutes and 24 hours while the agreement gives a maximum of two business days; after processing, bank wires take 2 to 5 business days and digital wallets are instant or arrive within one business day. No minimum or maximum amount is published for any method.

The conditions matter more here than the timings. Withdrawals must use the same method and the same remitter as the deposit and in the same proportion as the amounts deposited, third party and anonymous deposits are refused and returned net of charges, and a card withdrawal cannot exceed what was paid in on that card, so profit above it has to be taken by digital wallet or bank wire to a name matching the registered account. The company may decline a requested method and suggest an alternative, and may reject a withdrawal it considers not legitimate. Where identification documents are outstanding, the KYC policy cancels pending withdrawals and credits them back to the trading account while deposits and trading stay open.

On fees the broker contradicts itself. Its help centre and its agreement both state that it charges no deposit or withdrawal fees, while the same page of that agreement makes all payment and transfer charges the client's and debits them from the account, and adds that clients funding or withdrawing by wire are subject to the transferring banks' fees; the refund policy separately asks the client to pay bank transfer fees on a withdrawal or a refund. The account comparison also withholds the 0 percent fees on deposits and withdrawals from the Cent Account, so the no fee claim does not cover every client by the broker's own table. No fee figure can therefore be given for any method.

QF Markets Support

Live chat is embedded across the site, and three email addresses are published: support@qfmarkets.com on the home page, contact page, help centre and footer, complaints@qfmarkets.com in the Complaints Policy as the address a formal complaint must be sent to, and info@qfmarkets.com in the Terms as the address for closing an account. Availability is given two different ways by the broker itself: the home page and contact page advertise 24/7 chat support, while the help centre states 24/5 support by live chat and email. No telephone number is published on the website, the help centre, the legal documents index, the Complaints Policy or the Terms, and the phone box on the contact page is a field for the visitor's own number. The broker calls its team multilingual but names no language, and its Terms state that only English binds the company.

QF Markets Pros and Cons

What works in its favour:

• A low advertised entry point, with 5 US dollars on the Cent and Standard tiers.
• MetaTrader 5 across Windows, browser, Android and iOS.
• No commission on any tier, with cost carried in the spread.
• A swap-free option on three of the four tiers.
• A broad funding set, including cards, digital wallets, bank transfer and a range of cryptocurrencies.

What counts against it:

• No confirmed financial regulation, and the one licence number tied to the brand is recorded on the South African register to another company.
• A Marshall Islands registration alongside a Cyprus head office with no Cyprus entity named.
• Complaints must be raised within five working days, silence is treated as consent, and the procedure ends inside the company.
• The contract permits past profit to be cancelled and executed trades to be altered at the company's discretion.
• A 10 US dollar monthly penalty after 30 days of inactivity, and daily storage fees at a rate no document states.
• The advertised 5 US dollar minimum is contradicted by a 100 US dollar minimum initial deposit in the client agreement.
• No negative balance protection; the Risk Disclosure makes the client liable for all losses.

QF Markets Review and Assessment

QF Markets offers a conventional MetaTrader 5 retail package with an unusually low advertised entry point and unusually high leverage, run by a Marshall Islands company that operates from Cyprus without naming a Cyprus entity. The decisive issue is not the trading offer but the absence of any confirmed supervision: the single licence number attached to the brand belongs to another company, the site advertises no authority of its own, and the contract governing the relationship allows five working days to complain, provides no external appeal and caps liability at the revenue the company earned from the client. The published figures should be read against that client agreement, which contradicts several of them outright, and no compensation scheme is confirmed as covering money held with this broker.