Qube Markets

QBM (Qube Markets) holds multiple regulatory licenses including ASIC (Australia), FSCA (South Africa), and FSC (Mauritius). It has a moderate overall rating of 6.10/10 and a high risk control index of 9.21. However, user complaints regarding withdrawal difficulties have been reported. Traders should conduct their own due diligence before trading.

Yes, QBM is regulated. It holds an Institutional Securities Trading License (STP) from ASIC (Australia, license no. 475072), a Derivatives Trading License (EP) from FSCA (South Africa, license no. 54781), and a Securities Trading License (EP) from FSC (Mauritius, license no. GB26205767). All licenses are currently active.

The minimum deposit for QBM accounts is 0.01 (currency not publicly specified). All three account types (ECN, PRO, STD) share this minimum.

QBM supports MT5 (MetaTrader 5) with full license. It does not support MT4.

Pros: Multiple reputable regulations (ASIC, FSCA, FSC), high leverage up to 1:1000, low spreads starting from 0 pips (ECN account), MT5 support, scalping and EA allowed. Cons: User complaints about withdrawal issues, moderate overall rating (6.10/10), relatively low business and license indices (5.14 and 5.01), and unspecified commission/fee structure.

Yes, there is at least one user complaint on record regarding withdrawal difficulties. The user reported that the broker cited news-related violations and subsequently refused withdrawals. It is advisable to verify the current status with independent sources.

QBM is registered in Australia and operates as a regional broker. It is not publicly specified whether it accepts clients from the US region. US residents should check with the broker directly, as regulatory restrictions may apply.

QBM offers a Standard account with a 1.7 pip spread and low minimum deposit, which may appeal to beginners. However, high leverage (up to 1:1000) carries significant risk, and user complaints exist. Beginners are recommended to use demo accounts first and thoroughly understand the risks before trading live.

Spreads are competitive: ECN account 0 pips, PRO account 1.2 pips, STD account 1.7 pips. Commissions and other fees are not publicly specified. Traders should confirm the full fee schedule with the broker.

QBM offers three account types: ECN (spread 0 pips), PRO (spread 1.2 pips), and STD (spread 1.7 pips). All accounts have a minimum deposit of 0.01, maximum leverage of 1:1000, allow scalping, EA trading, and lock positions. No Islamic account is available. The key difference is the spread level; additional commission differences are not publicly stated.

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