Intro
Q8 Trade is one of the fastest-growing trading platforms in the Middle East, working as a well-established platform for CFDs, giving customers instant access to a wide range of tradable instruments, globally and locally, including securities, FX, and commodities. Currently operating in many different countries, the broker aims to expand to many other countries within the Middle East and the North Africa Region.
Traders working with Q8 Trade can benefit from a diverse trading offer, which includes stocks from Middle East nations, alongside Western World popular assets like FX, stocks, and indices. At the same time, there’s access to educational resources, reputable trading software, and other trading tools, as we’ve about to discuss in the following paragraphs.
Trading Software
To ensure smooth access to financial markets, Q8 Trade relies on several important trading platforms. First, we must talk about the Web Trader, a web-based trading software developed by the broker, that does not require any installation. It comes with advanced charting, a simple user-interface, and multiple trading tools facilitating technical and fundamental analysis. At the same time, with advanced risk management tools, traders can keep their risk under control and trade professionally.
The world-renowned MT5 is the second platform available at Q8 Trade. This downloadable trading software is already one of the most popular choices among retail traders, thanks to additional features and indicators. It offers modern and innovative analysis tools, customizable charts, and a user-friendly interface to create an optimal trading experience. Additionally, it enables EA trading or the creation of new expert advisors.
Mobile trading is a feature that should not miss from any broker in 2020 and Q8 Trade did not fall behind. With the broker’s app, available for smartphones or tablets, iOS, and Android, traders can always have their eyes on the market, even when on the move. The Q8 Trade mobile app comes with powerful security features, customizable charts, hundreds of different trading instruments, fast deposits, and withdrawals.
Trading Features
Traders choosing to work with Q8 Trade can benefit from a diversified offer that includes multiple account types. They can choose from Bronze, Silver, Gold, Platinum, or Diamond accounts, each with different features and functionalities. At the same time, Islamic accounts will ensure all clients can trade without having to care about overnight swaps. The good news is that any trader can request such an account, no matter his nationality or religion.
With the Q8 Trade demo account, traders can test the broker’s services at the same time as getting accustomed to a trading strategy, without having capital at risk. It is still the best way to see if a broker is reliable and improve trading skills while not having real market exposure.
When trading with Q8 Trade, traders can invest in FX, commodities, indices, and stocks from the Western World as well as Middle East countries. The broker has a variable spread structure, depending on the account type chosen, and offers welcome bonuses for the initial deposit for all customers, except for bronze account holders.
To make deposits, credit/debit cards, American Express, and Wire transfers are the methods currently available. All are free of charge, but there’s a minimum deposit required, according to the table provided by the broker here. For withdrawals, the same methods can be used, but in this case, the minimum withdrawal fee is $30. Withdrawal requests are processed in 3-10 business days.
Helpful Resources
Trading education is one of the most important traits of any successful trader and because of that, Q8 Trade had partnered with the Hawks Trading Academy, to provide a wide range of resources necessary to learn how to trade. Webinars, e-books, courses, articles, and many others are available for registered clients.
At the same time, depending on the account type chosen, Q8 Trade clients can get access to services like trading signals, trading alerts, daily market analysis, long-term financial plans, or direct line to the broker’s trading room team.
Summary
Q8 Trade qualifies as a reputable broker thanks to its long track record in providing reliable trading services for customers in the Middle East and the North Africa region. Via multiple offices, the broker keeps close contact with customers and ensures they can leverage all the benefits currently available. Our analysis concludes Q8 Trade is a CFD broker worth considering. We did not find any incriminating evidence that might suggest the broker does not always act on behalf of its clients.
q8trade review
Product Name: q8trade
Product Description: Q8 Trade is one of the fastest-growing trading platforms in the Middle East
Brand: q8trade
Offer price: 100$
Currency: USD / EUR
Offer URL: https://www.q8trade.com/en
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Trading Platform
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Languages
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Spread
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Support
Summary
Q8 Trade qualifies as a reputable broker thanks to its long track record in providing reliable trading services for customers in the Middle East and the North Africa region.
Pros
- A broker focused on the Middle East and North Africa region
- Islamic accounts for any trader, no matter the nationality or religion
- Multiple account types and trading functionalities
- Coverage for stocks based in the Middle East, not just from the Western World
Cons
- No support for ETFs, bonds, or cryptocurrencies
- $30 minimum withdrawal fee
