QDM

Note: QDMs official website: www.qdme.net is currently inaccessible normally.

QDM Information

QDM International Limited is a Seychelles-based broker regulated offshore by the Seychelles FSA. Leveraging the well-known MT5 platform, they provide a range of financial instruments including forex and CFDs. They serve regional investors with adjustable leverage and low trading fees.

Pros and Cons

Is QDM Legit?

The Seychelles Financial Services Authority (FSA) with an offshore licence controls QDM International Limited. Retail Forex Licence is the licence type; licence number is SD074.

What Can I Trade on QDM?

To suit diverse trading tastes, QDM provides a range of financial tools. Their offerings comprise over 45 currency pairs, CFDs on spot metals, commodities, and price differentials.

Account Types

QDM provides a Standard Account with a $100 minimum deposit. The broker offers no Islamic or demonstration accounts.

Leverage

QDM offers leverage right up to 1:500. Leverage greatly raises the danger of losses but can also be a great tool for improving profits. Using large leverage calls for traders to use rigors risk management.

QDM Fees

With spreads beginning at 0.8 pips on the EUR/USD pair, QDM's fees are often competitive relative to industry averages. The broker also provides margin trading; although no information on commissions or swap rates is mentioned.

Trading Platform

Deposit and Withdrawal

The minimum deposit is $100 and QDM charges no fees for withdrawals or deposits. For traders, they offer ease by supporting several deposit and withdrawal strategies. Options are Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, PayPal.