What is FXQM Markets?
Broker overviewFXQM Markets is an ECN / STD forex broker founded in 2020 and based in Seychelles. It offers forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures on MetaTrader4 (MT4).
FXQM Markets is regulated by Financial Services Authority of Seychelles, under registered number 218946 IBC 2016. Its listed office is Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles..
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the FXQM Markets bonus offers, and who the broker suits best.
- ✓Regulated since 2020 by Financial Services Authority of Seychelles, under registered number 218946 IBC 2016, with segregated client funds.
- $Cost to start: $10 minimum deposit and spreads from 0.03 pips.
- ⚡Flexible trading: leverage up to 1:1000, hedging, scalping and news trading allowed.
- %Bonus: Yes, 30% Welcome Bonus and a no deposit bonus.
Our short verdict
FXQM Markets stands out for strong multi-regulation, a very low $10 minimum deposit and tight spreads from 0.03 pips. The main thing to watch: very high 1:1000 leverage greatly increases the risk of loss.
More about FXQM Markets
Some news
Is FXQM Markets safe and regulated?
FXQM Markets is supervised by 2 authorities. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Financial Services Authority of Seychelles | — | Licence listed for this broker. |
| under registered number 218946 IBC 2016 | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which FXQM Markets company will hold your account, because protection levels can differ between regions.
FXQM Markets account types and trading conditions
These are the main trading conditions listed for FXQM Markets. It offers Islamic, mini, VIP, managed accounts.
| Feature | FXQM Markets |
|---|---|
| Minimum deposit | $10 |
| Minimum spreads | 0.03 pips |
| Max leverage | 1:1000 |
| Execution | ECN / STD |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
FXQM Markets trading platforms
FXQM Markets supports MetaTrader4 (MT4). MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English.
FXQM Markets deposit and withdrawal methods
FXQM Markets accepts these deposit methods:
- Bank Wire
- Visa
- Mastercard
- Bitcoin
- PayPal
- Neteller
Withdrawals use the same methods as deposits.
Accounts can be held in USD. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
FXQM Markets bonus and promotions
These are the promotions listed for FXQM Markets:
Promotion offered by FXQM Markets. Check the broker's terms for trading volume and withdrawal conditions.
FXQM Markets's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
FXQM Markets no deposit bonus: FXQM Markets lists a no deposit bonus: Yes, $30 Forex No Deposit Bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
FXQM Markets pros and cons
Pros
- Regulated by Financial Services Authority of Seychelles, under registered number 218946 IBC 2016 (since 2020)
- Very low $10 minimum deposit
- Spreads from 0.03 pips
- MT4 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- Very high 1:1000 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
- CFD trading carries a high risk of losing money
How to open an FXQM Markets account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $10 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4. Practise first on a free demo account.
FXQM Markets customer support and contact
These are the contact details we have on file for FXQM Markets:
FXQM Markets review FAQ
Is FXQM Markets a regulated broker?
What is the FXQM Markets minimum deposit?
Does FXQM Markets offer a no deposit bonus?
What is the maximum leverage at FXQM Markets?
Which platforms does FXQM Markets support?
Is FXQM Markets good for beginners?
Final verdict: should you trade with FXQM Markets?
FXQM Markets scores 4.3 out of 5 in our review. Its strongest points are strong multi-regulation, a very low $10 minimum deposit and tight spreads from 0.03 pips. Keep in mind: very high 1:1000 leverage greatly increases the risk of loss; trading terms can differ by region and group entity.
If you want to start without your own money, FXQM Markets's no deposit bonus is worth a look. Compare it with other options on our best forex brokers page before deciding.