Quinnix Is A Brokerage Firm That Offers A Wide Range Of Trading Instruments Across Different Asset Classes, Including Forex, CFDs, And Metals. They Offer Multiple Account Types, Including Classic, Professional, Vvip, And Cent, Each With Different Features And Requirements. Quinnix Uses Metatrader 4 (mt4), A Trading Platform That Is Well Known And Widely Used In The Online Trading Industry, And Offers A Mobile App For Mobile Trading.
Pros And Cons
Pros
• Multiple Account Types
• Use Of MetaTrader 4
• Multiple Deposit And Withdrawal Methods
• Limited Trading Tools
• Lack Of Supervision
• Lack Of Phone Numbers
• Lack Of Experience With New Companies
Is Quinnix Safe Or A Scam?
It Is Important To Approach Quinnix Cautiously And To Study It Carefully. Newly Established Brokerage Firms Are Unable To Have The Expertise And Resources Required To Provide A Reliable And Efficient Trading Environment Due To Their Lack Of Established History. In Addition, The Lack Of Effective Regulation Is An Important Red Flag, And If There Are Multiple Reports Of Clients Unable To Withdraw Funds Or Encountering Similar Scams, Then This Is A Serious Problem.
Market Tools
Quinnix Offers A Wide Range Of Trading Capabilities, Forex, Currency Pairs, Including Major Currency Pairs, Minor Currency Pairs, And Cross Currency Pairs. Major Currency Pairs Include The Most Frequently Traded Currencies In The World, Including USD, EUR, GBP, JPY, Etc.
In Addition, Quinnix Offers Trading Options, Contracts, Differences (CFDs). Using CFDs, Traders Can Make Predictions On The Fluctuating Prices Of Internationally Active Financial Marekts. Commodities, Indices, Treasuries, And Stocks May Be Some Of Them.
Metals Trading Is The Main Product Of The Commodity Market. Traders Are Able To Trade A Variety Of Metals, Including Gold, Silver, Platinum, And Palladium. These Currencies Are Usually Traded In Major Currencies, And Their Prices Can Be Affected By A Range Of Factors, Including Economic Indicators, Market Fluctuations, Geopolitical Events, And More.
Accounts
Four Account Types Are Available, Namely Classic, Professional, VVIP, And Cent.
Classic Accounts Are Perhaps The Most Accessible Account Type On Quinnix, With A Minimum Deposit Requirement Of Just $10. It Is Designed For Those New To Trading Or Who Enjoy Trading, With No Swaps.
As With Classic Accounts, There Is A Minimum Deposit Of $10 For Professional Accounts. This Account Type Is Suitable For Experienced Traders Seeking More Complex Trading Tools And Services. Pro Accounts Also Have No Swaps, Making It Suitable For Traders With Shorter Positions.
The VVIP Account Is A Premium Product From Quinnix And Is Designed For High Volume Traders. With A Minimum Deposit Requirement Of $3,000, This Account Type Offers Additional Benefits And Services Not Available To Other Account Holders. Unlike Other Accounts, The VVIP Account Includes Swaps, Which Means There Is A Fee For Holding Positions Overnight.
The Cent Account Has A Minimum Deposit Requirement Of $10, Making It Ideal For Novice Traders And Those Who Want To Test Their Trading Techniques Without Investing A Lot Of Money In The Results. With This Account, Traders Can Handle Trades Of Lesser Value While Taking On Less Risk. As With Classic And Professional Accounts, There Are No Swaps On The Cent Account.
To Sum Up, Quinnix Offers Multiple Account Types To Meet The Requirements Of Different Traders. Quinnix Offers An Account Type That Suits Your Needs, Whether You Are A Beginner Trader Just Starting Out In Your Trading Career, Or An Experienced Trader Looking To Trade In Large Quantities.
Leverage
Quinnix Offers A Maximum Leverage Of 1:1000 For One Classic, Pro And Cent Account. VVIP Account With A Maximum Leverage Of 1:200 Provided.
Spreads And Commissions
Spreads For Classic And Cent Accounts Start From 2.2 Pips. Pro And VVIP Accounts, Tailor-made For The More Experienced Trader. Spreads On These Accounts Are Significantly Narrowed, Starting At Just 0.4 Pips, Allowing For More Precise Trading And Potential Trading Cost Savings. However, These Accounts Do Charge A Trading Commission Of $13 Per Lot.
Trading Platform
Quinnix Offers Investors The Current Market-leading And Well-regarded MT4 Trading Platform, As Well As MT4 For Windows, MT4 IOS, And MT4 For Android. The MT4 Trading Platform Is One Of The Most Well-known And Widely Used Online Trading Systems In The World. The MT4 Platform Provides Traders With A Wide Range Of Trade Execution Functions, Unlimited Charts, Rich Technical Indicators And Curves, Custom Indicators And Scripts, Enabling Traders To Implement Any Trading Strategy, Simple Or Complex.
Deposits And Withdrawals
The Minimum Deposit Amount Is $10.
Quinnix Offers Customers A Range Of Deposit And Withdrawal Options, Reflecting Both The Traditional Financial System And Newer Digital Currency Methods.
Bank Transfers, Are A Generally Accepted Method Of Depositing And Withdrawing Funds. They Are Safe And Secure, But Processing Times Can Vary Depending On The Bank Involved And Typically Take Several Business Days. Also, It Is Worth Noting That Some Banks May Charge Fees For Such Transactions.
Quinnix's Acceptance Of Bitcoin, As A Method Of Deposit And Withdrawal, Shows Their Commitment To Embracing Digital Currencies. Although Fluctuations In The Value Of Bitcoin May Affect The Exact Amount Of A Transaction, Bitcoin Transactions Are Generally Fast And Incur Lower Fees Than Traditional Methods.
In Addition To Bitcoin, Quinnix Also Accepts, Tether And Binance, Other Well-known Cryptocurrencies. These Digital Currencies Offer Similar Benefits To Bitcoin, With Short Transaction Times And Generally Lower Fees. The Value Of These Cryptocurrencies Can Also Fluctuate, So Customers Should Consider This.
