QuantBitex review – What should you ask about the company

Anyone who is looking to trade in the financial markets will have to use a broker’s services to do so. This means their first priority is to find one and only then can they begin and take advantage of the lucrative opportunities available in these markets. Thanks to the popularity of online trading, you can find an array of brokerages in the market, but you cannot just sign up with the first option you come across. If you check out different companies, like our QuantBitex review or any other company’s review, you will notice that not all of them are the same.

Sure, they all offer trading services and there are going to be some similarities and overlap, but there are some differences that exist as well. It is these that can distinguish one broker from the next and can make all the difference. Creating a website is immensely easy these days, so anyone can set up a brokerage’s website and make big claims, but it is what they deliver that matters. This is not a decision that you should make lightly because it affects the complexity of your trading experience and the profits you make. If the broker doesn’t provide you the right environment, you will find trading immensely difficult.

Likewise, if their trading conditions are not competitive, you will not be able to make the profits you want. You can find hundreds of options at your disposal and this can cause some confusion because most people are unsure of how to choose one. They cannot figure out how to sort through the similar features and services and this is where asking some questions about the company can make a difference. This is exactly what you need to do with QuantBitex, one of the names you will find when you start searching.

Established in Zurich, Switzerland, QuantBitex is providing its services to global traders and is currently offering its services in 62 countries around the world. They have received several awards for their efforts and provide 100% transparency in their services, which has contributed to their popularity. But, what makes them a smart choice for you? The only way you can figure this out is by asking the right questions. What questions are these? Check them out below:

Broker	QuantBitex
Website	https://www.quantbitex.com/
Trading Accounts	Four Account Options; Basic, Silver, Gold and Platinum
Minimum Deposit	€250
Assets Coverage	Forex, Cryptocurrencies, Stocks, Indices, Commodities, CFDs and ETFs
Trading Tools	Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts, Market Calendar and Risk Management Tools
Education and Training	Yes; , glossary, e-books, online video courses, webinars, tutorials and market analysis
Customer Support	24/5 through email, phone number, online contact form
Security Policy	KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company	QuantBitex

Is QuantBitex secure?

Before you can look at anything else, you need to look at the security features of a broker. In today’s environment, cybersecurity has become extremely important because there are a lot of hackers and scammers out there looking for the opportunity to steal your money or even compromise your sensitive information. Using a broker’s services means that you have to deposit funds with them and also trust them with some personal and confidential data. Therefore, it is of the utmost importance that they have appropriate security measures in place to ensure you are not vulnerable to any cybersecurity threats.

Has QuantBitex done this? Indeed, when you check out their security features, you will come to know that they have been quite thorough in this regard. They have chosen to use advanced SSL (Secure Socket Layer) encryption for keeping all sensitive data protected and for encrypting all website traffic to keep cybercriminals out. They also have a Privacy Policy that dictates what information is accumulated and how it is used. It reiterates that your personal information is only used for providing trading services and is not shared, licensed or sold to any third-party without your consent.

Apart from these measures, QuantBitex has also chosen to follow account segregation rules for maintaining their clients’ deposits. This means that they are maintained separately from the company’s own operational funds, thereby reducing the chances of any misappropriation or fraud. In the event of bankruptcy, the deposits are to be returned to the clients. In addition, they also have the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policy in effect. These are meant to provide security from numerous threats, such as financial fraud, money laundering, identity theft and terrorist financing.

As per these policies, traders have to provide documentation for verifying their identity and their residence as well. The former can be accomplished by submitting a national ID card, driver’s license or an international passport. The latter requires any utility bill, such as electricity, gas or water, or a bank statement, showing your full name and address. QuantBitex requires traders to submit these for verification and you will be able to make withdrawals through your trading account after meeting these requirements.

What instruments are available at QuantBitex?

If you are satisfied with the security of the trading platform, you can move forward and consider what trading instruments you will be able to trade. This is necessary in case you have any particular instrument you are interested in and also for determining if the company offers you profitable and safe options. In addition, the number of instruments and the markets they belong to can also matter because traders want to be able to diversify their portfolio for keeping their risks at a minimum. QuantBitex can fit all of the aforementioned criteria rather easily.

To begin with, they provide their clients with access to some of the biggest financial markets in the world. As far as number is concerned, you will find more than 200 trading instruments available on their platform and the best part is that these are some of the leading, popular and most profitable options from every market, making them the ideal combination for any and every trader. Regardless of your risk tolerance and budget, you will be able to find something to trade on QuantBitex. Some of the markets you can explore here are:

Forex: First and foremost, QuantBitex gives you the opportunity of trading in one of the world’s most popular markets i.e. the foreign exchange market. Trading forex currency pairs can be immensely profitable and you can access a number of them, including EUR/USD, USD/CHF, GBP/USD, AUD/NZD, USD/CAD and EUR/GBP.

Cryptocurrencies: If you are more interested in digital currencies than fiat currency pairs, then you will be pleased to discover that QuantBitex also offers a number of crypto for you to trade. You can invest in Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Monero and a number of other notable cryptocurrencies.

Stock: One of the most well-known financial markets in the world is the stock market, where traders are given the opportunity of trading stocks of a horde of prominent firms, such as Apple, Amazon, Tesla, Netflix, AT&T, eBay and Fiat.

Indices: If you prefer trading the big picture and are looking for lucrative opportunities, QuantBitex gives you the chance of doing this in the indices market. Leading indices, like FTSE 100, NASDAQ 100, DAX 30 and S&P 500 are available here.

Commodities: Traders with a low risk tolerance will find the commodities market to be a very suitable option. There are different types of commodities, both hard and soft, which you can find on the platform. Hard commodities include precious metals, such as gold, silver and platinum, whereas soft ones refer to agricultural products like wheat, coffee, corn, rice and soybeans. You can also trade natural gas and crude oil on this platform.

What account choices does QuantBitex offer?

In order to use the services of a broker, you have to open an account with them and most usually have a couple of choices available for their clients. This is to accommodate people with varying trading styles, risk tolerance and capital. You will also find four account options offered by QuantBitex and each comes with its own set of features and conditions to appeal to the traders. You can assess the options carefully to select one that suits your needs. Let’s take a look at them below:

Basic: As the name indicates, this account is for newbie traders who need the most basic features and nothing else because they are just getting started. Therefore, it has the lowest deposit starting at €250 and gives traders access to 24/5 customer support if they need it and leverage of 1:50 to start trading. They can also benefit from a 10% no-interest loan on deposit and the maximum deposit that can be made in this account is €4,999.

Silver: The next step up is known as the Silver account and it is for intermediate traders with a bit of knowledge and experience. Hence, their deposit requirement starts at €5,000 and they receive 20% no-interest loan on deposit, along with leverage of 1:100. The maximum deposit for this account is set at €24,999.

Gold: The most popular account on the QuantBitex platform is this one and it appeals to advanced and skilled traders because it has a leverage of 1:200. They have to deposit a minimum of €25,000 to open this account and can increase their capital to as much as €100,000 during the course of trading. The additional features in this account include one-on-one educational course, daily market reviews, a direct line to your account executive, trading alerts and events analysis, free monthly webinars and a VIP mentorship program. A 30% no-interest loan on deposit is part of the account.

Platinum: To accommodate skilled and professional traders on its platform, QuantBitex has introduced the Platinum account and it offers the highest leverage of 1:400. Traders have to deposit at least €100,000 for this account and are free to increase it as much as they want. A 40% no-interest loan on deposit is available. As for features, this account includes all of those available in the previous accounts and adds a complete money management plan, event trading as well as free trading signals for the convenience of the traders.

How will you trade with QuantBitex?

Before making your decision, you shouldn’t forget to look at the trading platform offered by a broker because it plays a crucial role in your overall trading experience. It is the software used for trade execution and needs to be fully capable to do its job right, or else all your efforts will be wasted. QuantBitex is aware of this fact and so, they have developed a web trading platform for their traders, powered by advanced trading technology. This allows it to offer a 99% execution rate under a minute, something that’s downright exceptional.

Since it is a web trading platform, there is no concern about downloading and installing it anywhere and it you can access it only device supporting a web browser. Furthermore, you will also find that the trading platform developed by QuantBitex is feature-rich and gives traders room to customize the layout as per their needs. Thanks to one-click trading, you will not find an issue in executing your trades and the user-friendly interface eliminates any learning curve for beginner traders. The platform is very responsive and has also been integrated with several trading tools to enhance its performance.

Traders can make use of technical indicators, choose their favorite charts, make use of different order execution modes, and get trading indicators, price alerts and fundamental market analysis. Apart from that, the trading platform has also been made compatible with mobile devices. QuantBitex ensures that its clients can enjoy flexibility, so it has been optimized for iOS and Android devices and allow people to be able to trade from anywhere, regardless of the time. The platform runs smoothly and without any hiccups or delays.

The answers to these questions indicate that QuantBitex is a powerful and reliable CFD (Contract for Difference) broker that can offer the right trading services to traders of all levels.

 

Articles are general information and not a recommendation to act. We advise seeking independent investment advice before entering into any financial transaction.