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/10

IQTrade

Greece|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.iqtrade.me/

Website

Rating Index

Contact

https://www.iqtrade.me/
https://twitter.com/iqtradeId

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

IQTrade · WikiFX Survey

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IQTrade · Company Summary

IQTrade Review Summary
Registered Country/Region China
Regulation No Regulation
Services Futures, Agent
Demo Account Unavailable
Leverage 1:500
Spread From 1.5 pips (STANDARD Account), From 0.6 pips (ECN Account), From 0.1 pips (PRO Account), From 1.5 pips (ISLAMIC Account)
Trading Platforms MetaTrader5, Web Platform, Mobile Platform
Minimum Deposit $100 (STANDARD Account), $2000 (ECN Account), $5000 (PRO Account), $100 (ISLAMIC Account)
Customer Support
  • Twitter: https://twitter.com/iqtradeId
  • Instagram: https://www.instagram.com/iqtrade.id/
  • YouTube: https://www.youtube.com/channel/UC8o-JNRX2A50-oUgi9YohPw
Contact form

What is IQTrade?

IQTrade is an unregulated trading platform based in China that offers a variety of trading instruments across different asset classes, including Futures and Agent trading. The platform covers nearly 20 countries and provides a convenient trading experience through its highly-rated IQTrade App. Besides, its customer support is available through various channels, including social media platforms like Twitter, Instagram, and YouTube, as well as a contact form for inquiries.

IQTrade‘s homepage

Pros & Cons

Pros Cons
  • Diverse Trading Instruments
  • No Regulation
  • Multiple Customer Support Channels

Pros:

  • Diverse Trading Instruments: Offers a variety of trading instruments, including Futures and Agent trading.

  • Multiple Customer Support Channels: IQTrade provides various customer support channels including social media and contact form (24/7 support), enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

Is IQTrade Safe or Scam?

IQTrade currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Services

IQTrade presents a diverse range of trading instruments spanning various asset classes, including Futures and Agent trading. This comprehensive offering allows users to engage in different markets and explore various trading opportunities. Whether navigating futures contracts or participating in agent trading, IQTrade provides a versatile platform to cater to the diverse needs and preferences of traders.

futures trading
agency center

Trading Platforms

IQTrade App is a comprehensive trading platform with a broad reach, covering nearly 20 countries. Renowned for its convenient and user-friendly trading experience, IQTrade has garnered high praise, reflected in its impressive rating of over 4.7 on the Google Play Store. The app caters to a diverse user base, providing a range of services to meet various trading needs. Users can easily download the IQTrade App from the Google Play Store, making it accessible for those seeking a reliable and highly-rated trading solution.

IQTrade App

Customer Service

IQTrade provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Twitter: https://twitter.com/iqtradeId

  • Instagram: https://www.instagram.com/iqtrade.id/

  • YouTube: https://www.youtube.com/channel/UC8o-JNRX2A50-oUgi9YohPw

  • Contact form

contact details

Conclusion

In conclusion, IQTrade offers a diverse range of trading instruments, including Futures and Agent trading, through its widely used IQTrade App. The platform has gained popularity with users, evident from its high rating on the Google Play Store. However, IQTrade currently lacks valid regulation, posing potential risks to users in terms of safety and legitimacy.

Frequently Asked Questions (FAQs)

Q 1: Is IQTrade regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does IQTrade offer demo accounts?
A 2: No.
Q 3: Does IQTrade offer industry-leading MT4 & MT5?
A 3: No. Instead, it offers the IQTrade App.
Q 4: What services does IQTrade provide
A 4: Futures and agent.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

IQTrade

Abbreviation

IQTrade

Regulatory Status

No Regulation

Platform registered country and region

Greece

Company website
Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address

--

Company Summary

Review

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