Q8 Trade Review 2021
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| Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading. | ||
Q8 Trade is a multiple award-winning broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies. Q8 Trade allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
Q8 Trade also gives traders access to 1 cryptocurrencies: BTC.
Q8 Trade is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
Q8 Trade Summary
Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | ✓ |
| Min. Deposit | $250 |
| Min. Trade | 0.01 lots |
| Regulated By | FSA (Seychelles) |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✓ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Trade in different markets with multiple CFD products.
| Leverage | 1:400 |
|---|---|
| FTSE Spread | 4.5 |
| GBPUSD Spread | 1.4 |
| Oil Spread | 3 |
| Stocks Spread | 0.1 |
Forex Trading
Trade a mix of online currency pairs with leverage.
| GBPUSD Spread | 1.4 |
|---|---|
| EURUSD Spread | 1.5 |
| EURGBP Spread | 1.9 |
| Assets | 45 |
Cryptocurrency Trading
Trade Bitcoin against the US Dollar.
| Spread | 100 |
|---|---|
| Coins | BTC |
Payment Methods
Q8 Trade accepts the following payment methods:
- Visa
Awards
Q8 Trade is a multiple award-winning broker, with 2 awards received so far.
- Best Regional Forex Trading Platform 2018 - Global Brands Magazine
- Fastest Growing Forex Brand MENA 2018 - International Business Magazine
FAQ
Is Q8 Trade Safe?
Yes, most likely, as we gave Q8 Trade a trust score of 50% in our review. The main negative factor in this score is that Q8 Trade is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does Q8 Trade Accept PayPal?
No, Q8 Trade does not accept PayPal payments.
Is Q8 Trade Halal?
Yes, Q8 Trade does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Q8 Trade support?
Q8 Trade only supports the MetaTrader 4 trading platform at this time.
Is Q8 Trade Regulated?
Yes, Q8 Trade is regulated by FSA (Seychelles).
The fact that Q8 Trade is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
Q8 Trade vs Other Brokers
If you want to compare Q8 Trade with other brokers, use the detailed comparisons below.
- EverFX vs Q8 Trade
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- Q8 Trade vs Spreadex
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| Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading. | ||