TradeQuo review and ratings

Established 2020
Location South Africa UAE Dominica Saint Vincent and the Grenadines Seychelles
Regulation FSCA, SCA, FSA
Offices Johannesburg, Dubai, Roseau, Kingstown, Mahe
Broker type STP | ECN
Leverage up to 1:1000
Deposit from 1 USD
Spreads low  low
Platforms Web MetaTrader 4 MetaTrader 5 TradingView
Instruments Currencies Crypto Indices Metals Energies Stocks
Funding methods Wire Transfer Credit Cards Skrill Neteller SticPay

Company information

TradeQuo group includes several related companies.

TradeQuo SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
TradeQuo UAE - located in the United Arab Emirates, regulated by the Securities and Commodities Authority (SCA).
TradeQuo DOMN - legally registered entity located in Dominica, but not regulated by any government agency.
TradeQuo SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
TradeQuo SEY - located in the Seychelles, regulated by the Seychelles Financial Services Authority (FSA).

Availability

TradeQuo group accepts clients from all over the world, excluding USA, Israel, Iran, Iraq, Russia, Afghanistan, Cuba, Cyprus, Eritrea, Liberia, Libya, Somalia, Syria and some other countries where Forex & CFD trading is restricted or prohibited.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

90+ Currency Pairs Based on major and minor world currencies.
80+ Crypto Pairs Based on various top-rated coins and tokens.
16 Indice CFDs Based on baskets of different blue-chip stocks and US Dollar Index.
5 Metal CFDs Based on Gold, Silver, Platinum, Palladium, Copper.
4 Energy CFDs Based on Crude Oil (WTI, Brent), Gasoil, Natural Gas.
8 Soft CFDs Based on Cocoa, Cocoa Beans, Coffee Arabica, Coffee Robusta, Cotton, Orange Juice, Sugar Raw, Sugar White.
100+ Stock CFDs Based on shares of US, EU and Asian companies.

The broker also offers specific synthetic indices: Q-Volatility50, Q-Volatility75, Q-Volatility100.

Comprehensive review

TradeQuo is a multi-asset forex and CFD broker operating through a group of five related companies, each registered in a different jurisdiction. TradeQuo states that client funds are held in segregated accounts, with negative balance protection across all account types, regardless of which jurisdiction the respective branch is registered in.

In terms of trading instruments, TradeQuo offers a broad selection across seven asset classes: more than 90 forex pairs, 80+ cryptocurrency pairs, 16 stock indices, five metals, four energy commodities, eight soft commodities, and over 100 stocks listed across the US, EU and Asia, marketed as "1,300+ trading instruments." It also offers three proprietary "synthetic indices" (Q-Volatility50, Q-Volatility75, Q-Volatility100) for traders interested in volatility exposure.

As with most brokers we have reviewed here on FX-List, all instruments are traded as contracts-for-difference (CFDs). These are leveraged derivatives that make it easy to trade from both the long and short side without needing a lot of capital.

Trading is offered on the legendary MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as through direct integration with the popular charting and trading platform TradingView. Both MetaTrader platforms and TradingView are available as desktop downloads, mobile apps, and web platforms.

When signing up with TradeQuo, new clients can choose between four account types:
– Standard account, commission-free, with spreads from 0.4 pips and no commissions
– Raw account, with spreads from 0.1 pips and a $3 per side commission
– Zero account, with zero spreads on major pairs for most of the trading day and a $4 per side commission
– Limitless account, with spreads from 0.6 pips, no commissions and "limitless" leverage, available on MT5 only and subject to a suitability assessment

All four accounts offer dynamic leverage up to 1:1000 (Limitless is uncapped), a minimum trade size of 0.01 lots, and base currencies in USD, THB, JPY, EUR and GBP. Swap-free (Islamic) trading is available on request, and there is no fixed minimum deposit (it depends on the payment method, starting from as little as $1).

Deposits and withdrawals can be made via regular payment cards (including Apple Pay), international wire transfer, local bank transfer in many countries in South East Asia, Latin America and Africa, e-wallets (Skrill, Neteller, FasaPay, Draginpay), regional mobile money services, and through a range of cryptocurrencies (including multiple stablecoins). TradeQuo does not charge deposit or withdrawal fees, though it follows the common money-in-money-out policy requiring withdrawals to use the same method as the deposit.

Bonuses and special promotions are from time to time available from TradeQuo, with deposit bonuses typically ranging from 10-30% of the deposit amount with a validity of up to 90 days.

To reach TradeQuo's customer service team, clients can use email, live chat, or use the callback request form on the website. Support is advertised as available 24/7.

In conclusion, TradeQuo offers a wide instrument range, four flexible account types and a very low entry point with minimum deposits starting at just $1. The broker is backed by a multi-entity regulatory structure spanning South Africa, the UAE and the Seychelles, and has been operating successfully since 2020. Still, the mid-tier regulation, combined with two unregulated entities in Dominica and Saint Vincent and the Grenadines, is something that should be taken into consideration, and it could be a good idea to confirm which entity one is signing up with before making any large deposits.

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