Score
Australia
|
5-10 years
| https://qrsfx.com/
Website
Rating Index
MT4/5
Full License
QRSGlobal-Server
Influence
C
Influence index NO.1
Thailand 4.50
MT4/5 Identification
Full License
ThailandInfluence
C
Influence index NO.1
Thailand 4.50
Licenses
Single Core
1G
40G
1M*ADSL
Australia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
qrsfx.com United States
VIP is not activated.
| QRSFX Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | Forex pairs, Commodities, CFDs |
| Account Type | QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account. |
| Trading Platform | MT5 |
| Maximum Leverage | 1:1000 |
| Min Deposit | $10 |
| Spreads | 0.8-1.6 pips |
| Commissions | No |
| Customer Support | Phone: 677 264 514 |
| Email: support@qrsfx.com | |
| Physical Address: 2 132 Epsom Rd Zetland NSW 2017.49 Sukonthasawat Road, Lad Prao, Bangkok | |
QRSFX, founded in 2020, is a brokerage registered in Australia. It provides forex pairs, commodities, CFDs for traders to trade. It is regulated by Australia.
| Pros | Cons |
| Regulated | No information on deposit and withdrawal methods |
| MT5 supported | No MT4 supported |
| No commissions | Limited information on market instrument |
| Low spreads | |
| High leverage | |
| No demo accounts provided |
QRSFX is regulated by Australia. It has 1 type of license - ASIC. Its license type is Appointed Representative(AR).
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Australia | ASIC | QRS GLOBAL (AUSTRALIA) PTY LTD | Appointed Representative(AR) | 001309317 | Regulated |
QRSFX offers traders Forex pairs, Commodities, CFDs.
| Tradable Instruments | Supported |
| Forex pairs | ✔ |
| Commodities | ✔ |
| CFDs | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Cryptocurrencies | ❌ |
| Currencies | ❌ |
| Metals | ❌ |
| Indices | ❌ |
| Futures | ❌ |
| Options | ❌ |
QRSFX provides 4 types of accounts - QRS Cent Account, QRS Freedom Account, QRS Standard Swap Free Account, PRO MT5 Account.
| Account Type | QRS Cent Account | QRS Freedom Account | QRS Standard Swap Free Account | PRO MT5 Account |
| Account Currency | USC | USD | USD | USD |
| Min Deposit | $1000 USC | $10 USD | $10 USD | $1000 USD |
| Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
| Spreads | Begin with 1.6 pips | Begin with 1.3 pips | Begin with 1.6 pips | Begin with 0.8 pips |
| Swap | No | No | No | Yes |
| Commission | No | No | No | No |
QRSFX charges no commissions for per trade. Its spread is 1.6 pips for QRS Cent Account, 1.3 pips for QRS Freedom Account, 1.6 pips QRS Standard Swap Free Account, 0.8 pips for PRO MT5 Account.
QRSFX's trading platform is MT5 platform, which support traders on PC,Mac,iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT5 Margin WebTrader | ✔ | Web, Mobile |
| MT4 | ❌ |
QRSFX broker does not provide specific information about a demo account on their website. As a beginner, I would have preferred a demo account to practice without risking real money. I would contact customer support to inquire whether a demo account is available for testing the platform before committing to live trading.
The spread for QRSFX broker varies depending on the account type. The QRS Cent Account starts at 1.6 pips, the QRS Freedom Account at 1.3 pips, and the QRS Standard Swap-Free Account at 1.6 pips. The PRO MT5 Account has the tightest spread, starting from 0.8 pips, which is great for more active traders like me who prefer lower trading costs.
Yes, QRSFX broker is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States, under the license number 31000301293160. While this provides some level of oversight, I personally feel that FinCEN's regulations are more focused on anti-money laundering and ensuring the broker is not involved in illegal activities rather than offering comprehensive investor protection.
QRSFX broker offers four account types: the QRS Cent Account, QRS Freedom Account, QRS Standard Swap-Free Account, and PRO MT5 Account. For new traders like me, the QRS Freedom Account with a low minimum deposit of $10 is a great starting point. The PRO MT5 Account is ideal for more experienced traders who require tighter spreads but comes with a higher minimum deposit of $1000 USD.
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erica mariciata
Turkey
Hi, I deposited 1000 usdt then They blocked my acces to my client portal. I can not see any think. Web site refuse my login details. They never answered my mails. Be away this scam broker
Exposure
FX3678792306
Thailand
Brokerage stuck on the 28th/29th of last August, port damage, order reconciliation delayed.
Neutral
Aily
Hong Kong
QRSFX has got it all figured out! Their withdrawal options are smooth and efficient, and the minimum deposit is a breeze to handle. Great choice for traders who want flexibility and convenience.
Positive
No.1 Challenge
Cyprus
Their powerful MT5 platform is reliable and offers all the tools I need for effective trading. Give it a try!
Positive
KOUORFR
Australia
QRS Global? Now that's a platform worth talking about! They're professional, have loads of experience and the reach is truly international! Their standout feature? Instant withdrawals and a variety of powerful platforms at my disposal. They’ve got my funds secured in top-tier banks – a huge plus in my books. If asked, would I recommend QRS Global? Absolutely!
Positive
AbWellTrader
Cambodia
Now, this broker has been my wingman in forex trading for a while now and it has had its highlights and lowlights. On the brighter side, QRSFX's regulation status is spot on. Knowing I'm protected by regulatory norms gives me that peace of mind when venturing into trades. Additionally, they're fairly lightning-fast when executing orders and I've hardly come across any slip-ups, much appreciated! Their platform is user-friendly and performance-wise, it stands solid. To add icing to the cake, they have a neat demo account for those taking their first steps into forex trading or wanting to test out strategies - a commendable feature! But then, every silver lining has a cloud. The primary pain point for me has been their spreads - they're broad enough to be a concern and can take a significant bite out of the profits, which isn't ideal. When we talk commissions - let's just say, I'd be happier with something more competitive.
Neutral
nN
Kazakhstan
I gotta to say, what truly sets QRSFX apart is their responsible customer support services. They are there when you need them, responding quickly and providing solutions that actually work.
Positive