Q8 Trade Review 2021

Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.

Q8 Trade is a multiple award-winning broker that provides access to 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

50%
Trust
83%
Instruments
85%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Min. Deposit$250
Min. Trade0.01 lots
Regulated ByFSA (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.

Leverage1:400
FTSE Spread4.5
GBPUSD Spread1.4
Oil Spread3
Stocks Spread0.1

Forex Trading

Trade a mix of online currency pairs with leverage.

GBPUSD Spread1.4
EURUSD Spread1.5
EURGBP Spread1.9
Assets45

Cryptocurrency Trading

Trade Bitcoin against the US Dollar.

Spread100
CoinsBTC

Binary Options Trading

Payout Percent

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
Risk Warning – Your capital is at risk

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 safer options.

Q8 Trade vs Other Brokers

If you want to compare Q8 Trade with other brokers, use the detailed comparisons below.

Q8 Trade vs
Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.