The Official Website Of FXQM Is Temporarily Unavailable For Unknown Reasons, So We Can Only Collect Some Relevant Information For Reference Only.
A General Understanding Of FXQM
FXQM Is A Seychelles-based Brokerage Firm. It Caters To A Wide Range Of Traders Worldwide. FXQM Offers A Wide Range Of Services At Financimarekt, Including Forex, Commodities, Cryptocurrencies And Index Trading.
FXQM Offers A Variety Of Account Types To Suit Different Trading Preferences And Experience Levels. These Include Standard, Copytrade, Ecn, Prime And Standard Account (deposit Bonus) Options. Each Account Type Has Specific Features, Such As Different Leverage Ranges, Spreads And Commissions.
Traders Can Use Leverage From 100:1 To 3000:1, Depending On The Account Type And The Amount Traded. Spreads Start From 1.0 Pips, While The Commission Structure Varies Depending On The Account Type. FXQM's Preferred Trading Platform Is Metatrader 4 (mt4), Which Is Known For Its User-friendly Interface, Advanced Charting Tools, And Automated Trading Features.
Market Tools
FXQM Offers A Variety Of Market Tools To Suit Different Trading Preferences:
Forex:
FXQM Offers A Wide Range Of Forex Tools To Allow Traders To Participate In The Global Forex Market. Forex, Short For Forex, Involves Trading Currency Pairs From Around The World. Major Currency Pairs, Such As EUR/USD, GBP/USD And USD/JPY, As Well As Minor And Exotic Currency Pairs, Are Available On The FXQM Platform.
Metals:
FXQM Offers Trading Opportunities In Precious Metals, Giving Traders Exposure To Price Movements Of These Valuable Assets. Metals Such As Gold, Silver, Platinum And Palladium Can Be Traded. These Metals Are Often Sought After For Their Intrinsic Value And Act As A Store Of Wealth During Times Of Economic Uncertainty.
Energy:
FXQM Offers Trading In Energy Commodities, Allowing Traders To Speculate On Price Fluctuations In Energy Resources. This Includes Crude Oil, Natural Gas, And Other Energy-related Products. Energy Commodities Are Subject To Various Factors Such As Geopolitical Events, Supply And Demand Dynamics, And Weather Conditions, Offering Traders The Opportunity To Profit From Market Fluctuations.
Cryptocurrencies:
FXQM Recognizes The Growing Popularity Of Cryptocurrencies And Offers A Range Of Digital Assets For Trading. Cryptocurrencies Are Decentralized Digital Currencies That Utilize Cryptography For Secure Trading. Bitcoin (btc), Ethereum (eth), Ripple (xrp), And Litecoin (ltc), Among Others, Are Available On The FXQM Platform. Due To Their High Volatility And Market Demand, These Digital Assets Offer Unique Opportunities For Traders.
Pros And Cons
Pros:
Multiple Account Types To Meet Different Trading Needs And Preferences.
A Wide Range Of Tradable Instruments Including Forex, Metals, Energy And Cryptocurrencies.
Competitive Leverage Options Ranging From 100:1 To 3000:1.
Use Of The MetaTrader 4 Platform, Known For Its User-friendly Interface And Advanced Features.
Availability Of Demo Accounts For Practicing Trading.
Cons:
FXQM Is An Unregulated Broker, Which May Raise Concerns About The Safety Of Funds.
Limited Educational Resources Outside Of The Economic Calendar.
Lack Of Transparency On Trading Fees And Commissions.
Limited Customer Support Hours, Running On Weekdays And Weekends.
Lack Of Additional Features Or Tools For Advanced Traders.
Account Types
FXQM Offers Multiple Account Types To Meet Different Trading Needs And Preferences:
ECN Account:
ECN (Electronic Communication Network) Account Is Designed For Traders Seeking Direct Market Access And Enhanced Liquidity. This Account Type Features Low Spreads Starting From 0.0 Pips, Enabling Traders To Benefit From The Best Bid And Ask Prices. ECN Account Is Required, With A Minimum Deposit Of $100 And Provided, And Maximum Leverage Of 500:1.
Standard Account:
Standard Account FXQM Offered Is Designed For Traders Who Prefer A Direct Trading Experience. It Features A Minimum Deposit Requirement Of $10 Total And Offers Spreads Starting From 1.0 Pips. This Account Type Does Not Charge Commissions, Allowing Traders To Focus On Spread Costs. The Maximum Leverage Available Is 1000:1, Providing Traders With The Opportunity To Expand Their Trading Positions.
Copy Trading Account:
FXQM's Copy Trading Account Is Suitable For Traders Who Wish To Engage In Copy Trading Strategies. With, A Minimum Deposit Requirement Of $50, This Account Type Allows Traders To Copy The Trades Of Successful Traders FXQM Community. It Offers From 1.0 Pips And, With A Maximum Leverage Of 500:1.
MAJOR ACCOUNT:
The FXQMPrime Account Is Tailor-made For Advanced Traders Who Need Stronger Trading Capabilities. It Features A Spread Start, Starting From 1.0 Pips, And A High, Maximum Leverage Of 3000:1. With A Minimum Deposit Requirement Of $10, This Account Type Offers Access To A Wide Range Of Trading Tools And Advanced Trading Tools.
STANDARD ACCOUNT (Deposit Bonus):
The Standard Account With Deposit Bonus Is From FXQM. Traders Who Make A Minimum Deposit Of $100 Can Benefit From A Deposit Bonus By Entering This Account Type. It Features A Spread Start, Starting From 1.0 Pips, And Maximum Leverage Of 500:1. This Account Type Is Suitable For Traders Who Wish To Maximize Their Trading Capital.
Minimum Deposit
FXQM Offers Traders An ECN Account (minimum Deposit Of $100) And A Premium Account (minimum Deposit Of $10). ECN Accounts Receive A Rebate Of Up To $2 Per Lot And Premium Accounts Receive A 10% Deposit Bonus.
FXQM Leverage
FXQM Offers Leverage From 100:1 To 3000:1, Depending On Account Type And Amount Requirements. Here's A Look By FXQM For Each Account:
ECN Account: Leverage Range From 100:1 To 500:1. Maximum Leverage Required To Trade No More Than $9,999.99.
Standard Account: Leverage Range From 100:1 To 1000:1. To Use Maximum Leverage, The Trade Amount Should Not Exceed $4,999.99.
Copytrade Account: Leverage Range From 100:1 To 500:1. Maximum Leverage Required To Trade No More Than $9,999.99.
Prime Account: Maximum Leverage Required To Trade No More Than $1,999.99. Leverage Range From 100:1 To 3000:1.
Standard Account (Deposit Bonus): Leverage Ranges From 100:1 To 500:1. Maximum Leverage Requires A Trading Amount Not Exceeding $9,999.99.
Spreads And Commissions
The EUR/USD Spread Is 0.3 Pips, And Clients Can Trade At A Commission Of $0.03 Per Lot. The Gbpjpy Spread Is 2.0 Pips, And The Trading Rebate Is $2 Per Lot. In Addition, FXQM Also Introduced A 30% Deposit Bonus. For Example, If Traders Deposit $10, They Can Receive A $3 Bonus.
Trading Platform
FXQM Offers Traders The Widely Recognized MetaTrader 4 (mt4) Trading Platform. With Its User-friendly Interface And Comprehensive Functionality, Mt4 Offers An Efficient And Seamless Trading Experience. The Platform Allows Traders To Access A Wide Range Of Financial Instruments, Including Forex, Metals, Energy And Cryptocurrency. Mt4 Offers Advanced Charting Tools, Numerous Technical Indicators And Customizable Layouts For In-depth Market Analysis. Traders Can Execute Trades With Just One Click, Set Up Automated Trading Strategies With Expert Advisors, And Manage Risk With Stop-loss And Take-profit Orders. In Addition, Mt4 Is Available As A Mobile Application, Enabling Traders To Stay Connected And Trade Anytime, Anywhere. FXQM's Metatrader 4 Platform Provides Traders With The Tools They Need To Make Informed Decisions And Effectively Navigate Financial Marekt.
Deposits And Withdrawals
FXQM's Official Website Shows That The Only Way To Deposit And Withdraw Money Is Telegraphic Transfer, And There Is No Mention Of Deposit And Withdrawal Handling Fees.
Customer Support
FXQM Provides Excellent Customer Support To Assist Traders In Resolving Their Queries And Concerns. Traders Can Contact FXQM's Customer Support Team Through Various Channels. The Support Team Can Be Contacted Via Phone, Email And Live Chat On The Website. Traders Can Choose The Most Convenient Way To Seek Help According To Their Preferences.
The Customer Support Service Operates At Specific Times. From Monday To Friday, The Support Service Operates From 10am To 12am (GMT + 8). On Weekends, Saturdays And Sundays, The Support Service Operates From 9am To 12noon (GMT + 8). During These Hours, Traders Can Expect A Prompt Response From The Exchange And Guidance From The FXQM Support Team.
