Score
QRSFX
Australia|2-5 years| https://qrsfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
SingaporeContact
Licenses
Licensed Institution：QRS GLOBAL (AUSTRALIA) PTY LTD
License No.：001309317
Single Core
1G
40G
1M*ADSL
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic information
Australia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
qrsfx.com
Server Location
United States
Website Domain Name
qrsfx.com
Server IP
192.232.223.9
Company Summary
| QRSFX Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | Forex pairs, Commodities, CFDs |
| Account Type | QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account. |
| Trading Platform | MT5 |
| Maximum Leverage | 1:1000 |
| Min Deposit | $10 |
| Spreads | 0.8-1.6 pips |
| Commissions | No |
| Customer Support | Phone: 677 264 514 |
| Email: support@qrsfx.com | |
| Physical Address: 2 132 Epsom Rd Zetland NSW 2017.49 Sukonthasawat Road, Lad Prao, Bangkok | |
QRSFX Information
QRSFX, founded in 2020, is a brokerage registered in Australia. It provides forex pairs, commodities, CFDs for traders to trade. It is regulated by Australia.
Pros and Cons
| Pros | Cons |
| Regulated | No information on deposit and withdrawal methods |
| MT5 supported | No MT4 supported |
| No commissions | Limited information on market instrument |
| Low spreads | |
| High leverage | |
| No demo accounts provided |
Is QRSFX Legit?
QRSFX is regulated by Australia. It has 1 type of license - ASIC. Its license type is Appointed Representative(AR).
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Australia | ASIC | QRS GLOBAL (AUSTRALIA) PTY LTD | Appointed Representative(AR) | 001309317 | Regulated |
What Can I Trade on QRSFX?
QRSFX offers traders Forex pairs, Commodities, CFDs.
| Tradable Instruments | Supported |
| Forex pairs | ✔ |
| Commodities | ✔ |
| CFDs | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Cryptocurrencies | ❌ |
| Currencies | ❌ |
| Metals | ❌ |
| Indices | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Type
QRSFX provides 4 types of accounts - QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account.
| Account Type | QRS Cent Account | QRS Freedom Account | QRS Standard Swap Free Account | PRO MT5 Account |
| Account Currency | USC | USD | USD | USD |
| Min Deposit | $1000 USC | $10 USD | $10 USD | $1000 USD |
| Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
| Spreads | Begin with 1.6 pips | Begin with 1.3 pips | Begin with 1.6 pips | Begin with 0.8 pips |
| Swap | No | No | No | Yes |
| Commission | No | No | No | No |
QRSFX Fees
QRSFX charges no commissions for per trade. Its spread is 1.6 pips for QRS Cent Account, 1.3 pips for QRS Freedom Account, 1.6 pips QRS Standard Swap Free Account, 0.8 pips for PRO MT5 Account.
Trading Platform
QRSFX's trading platform is MT5 platform, which support traders on PC,Mac,iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT5 Margin WebTrader | ✔ | Web, Mobile |
| MT4 | ❌ |
Keywords
- 2-5 years
- Regulated in Australia
- Appointed Representative(AR)
- MT5 Full License
- Regional Brokers
- High potential risk
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AbWellTrader
Cambodia
Now, this broker has been my wingman in forex trading for a while now and it has had its highlights and lowlights. On the brighter side, QRSFX's regulation status is spot on. Knowing I'm protected by regulatory norms gives me that peace of mind when venturing into trades. Additionally, they're fairly lightning-fast when executing orders and I've hardly come across any slip-ups, much appreciated! Their platform is user-friendly and performance-wise, it stands solid. To add icing to the cake, they have a neat demo account for those taking their first steps into forex trading or wanting to test out strategies - a commendable feature! But then, every silver lining has a cloud. The primary pain point for me has been their spreads - they're broad enough to be a concern and can take a significant bite out of the profits, which isn't ideal. When we talk commissions - let's just say, I'd be happier with something more competitive.
Neutral
2023-12-02
Aily
Hong Kong
QRSFX has got it all figured out! Their withdrawal options are smooth and efficient, and the minimum deposit is a breeze to handle. Great choice for traders who want flexibility and convenience.
Positive
07-25
No.1 Challenge
Cyprus
Their powerful MT5 platform is reliable and offers all the tools I need for effective trading. Give it a try!
Positive
06-27
KOUORFR
Australia
QRS Global? Now that's a platform worth talking about! They're professional, have loads of experience and the reach is truly international! Their standout feature? Instant withdrawals and a variety of powerful platforms at my disposal. They’ve got my funds secured in top-tier banks – a huge plus in my books. If asked, would I recommend QRS Global? Absolutely!
Positive
05-15
nN
Kazakhstan
I gotta to say, what truly sets QRSFX apart is their responsible customer support services. They are there when you need them, responding quickly and providing solutions that actually work.
Positive
2023-10-11