Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FFB Logo
Your capital is at risk

Q8 Trade Broker Review

Q8 Trade Broker Review
Petar Nola
Q8 Trade is a brand operated by Q8 Securities and it is one of the few companies in online trading that has a Kuwait Capital Markets Authority (CMA) licence. This means that this broker is mostly catering to eastern markets which is also visible in their commitment to offering Islamic accounts. As a traditional brokerage... Read more
Q8 Trade is a brand operated by Q8 Securities and it is one of the few companies in online trading that has a Kuwait Capital Markets Authority (CMA) licence. This means that this broker is mostly catering to eastern markets which is also visible in their commitment to offering Islamic accounts. As a traditional brokerage brand, operated by a company that had more than a decade of experience on financial markets, Q8 Trade has the capacity to serve even the most demanding clients. They launched the retail trading brand in 2017 to bring this expertise to the online trading market, where they offer CFDs based on currency pairs, stocks, commodities and indices.
4.5

  1. Q8 Trade is a brand operated by Q8 Securities and it is one of the few companies in online trading that has a Kuwait Capital Markets Authority (CMA) licence. This means that this broker is mostly catering to eastern markets which is also visible in their commitment to offering Islamic accounts. As a traditional brokerage brand, operated by a company that had more than a decade of experience on financial markets, Q8 Trade has the capacity to serve even the most demanding clients. They launched the retail trading brand in 2017 to bring this expertise to the online trading market, where they offer CFDs based on currency pairs, stocks, commodities and indices.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk

  3. Q8 Trade Special features

    Signing up with Q8 Trade to start trading CFDs and Forex is easy as with any other broker. Q8 Trade has prepared several interesting account types they call VIP accounts, for customers who want to gain even more from their trading experience with them. As the regulator requests, clients must complete a short form before creating the account in order to show they do have some experience with trading.

    Q8Trade Demo Account

    The demo account is accessible to all clients and they can use it to practice on a real platform in real time. Clients get 100000 in virtual money they can use to place trades with Q8 Trade platform. While this is very similar to the real thing, some minor differences might occur since the demo account may offer assets that are not available on live account, or due to the fact that demo account does not depend on real-time liquidity and slippage, but to technically test-drive the trading platform, it will be more than enough.

    Q8 Trade Islamic Account

    Q8 Trade Accounts are fully compliant with Sharia Law, so the Islamic account does not really have any commissions, interest costs and payments. There are also no rollover charges or credits on overnight position.

    Q8Trade Bronze

    • Beginner account
    • From $250 deposit
    • Trading tools and ebooks
    • Spread on EURUSD from 3 pips

    Q8Trade Silver

    • Starts with $1000 deposit
    • Trading tools, market reviews, ebooks
    • 5% welcome bonus
    • 5% upgrade bonus
    • Account manager
    • Spread on EURUSD from 3 pips

    Q8Trade Gold

    • From $10000 deposit
    • 10% welcome bonus
    • 10% upgrade bonus
    • Access to tools, videos, market reviews and more
    • iPhone 7 (see bonus policy below)
    • spreads on EURUSD from 2 pips

    Q8Trade Platinum

    • from $50000
    • 20% welcome bonus
    • 20% upgrade bonus
    • Access to tools, videos, market reviews and more
    • Macbook (see bonus policy)
    • SMS alerts
    • Spreads from 1.5 pips for EURUSD
    • Hedging enabled

    You may have noticed Q8 Trade has a bonus, which is a type of promotion that is not often used by European counterparts due to regulation. With Q8 Trade the typical abuses with bonuses are a no-go. The policy is laid out transparently and the bonus does not give right to the broker to block payments as was case in binary options some years ago. In order to fulfil bonus conditions, like in the case of iPhone 7 or MacBook, a trading volume of 25 million is required. Welcome bonus is for the people depositing first time, while the upgrade bonus is offered to those who upgrade their account type. In any case, even with all the protections, we urge customers to read the bonus policy terms before accepting a bonus in order to ensure they have all the info.

  4. Try a simpler way of trading with FXMasterBot

  5. Testimonials FairForexBrokers Your capital is at risk

    Become an FXMasterBot trader today

    Join FXMasterBot and become a trading master! FXMasterBot is a forex and cryptocurrencies trading software that takes your trading to the next level. It allows you to trade signals on forex pairs like EURUSD or the hottest cryptocurrencies like Bitcoin. You also get the best customer support available. Get your FREE account now

  6. Q8 Trade Trading software

    Q8 Trade uses the industry standard Metatrader4 (MT4) platform as the basis for trading for their clients. The platform is well tested and meanwhile well known in the CFDs and Forex trading community. Along with the downloadable desktop client software, a WebTrader is also available as expected from any modern online brokerage. Traders mostly like to rely on their web browsers to take them directly to the platform.

    Q8Trade Mobile Apps

    For those who like to be always in the middle of the game, no matter where they are, Q* Trade mobile apps are ready to enable global trading that requires no home, chari and the desk. Modern trading nomads can download the apps for their smartphones from the respective app stores. Please don’t forget that mobile trading depends on good connection so Q8 Trade cannot be expected to be responsible for trading failures that arise from bad reception and similar problems.

    On the underlying asset side, there are more than 200 assets available to be the basis of the CFDs. 4 main groups are stocks, indices, commodities and forex (currencies).

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. Q8 Trade Support information

    Contacting Q8 Trade can be done via email support[at]q8trade.com or via designated phone numbers listed on their websites. There are two Support teams:

    • Kuwait  +965-22063088
    • Cyprus  +357 25327570

    The company can be visited at both locations, the addresses are listed on the website.

    There is no live chat function, however since Q8 Trade has almost all conceivable social media accounts, in case you try to contact them there, some will “pick up”.

  9. Try a simpler way of trading with FXMasterBot

  10. Q8 Trade Payment Methods

    As we already mentioned, Q8 Trade is licenced by the Kuwait Capital Market authority. You can find the licence with regulation number AP/2013/0012 on their website, or a translated version on Q8Trade own website. The licence allows the broker to offer CFD trading on all mentioned underlying assets types.

    Q8 Trade Minimum Deposit

    Minimum deposit with Q8 Trade is $250, however, if you are going to use bank wire, the minimum amount to be deposited is $500. Traders can use KNET, credit cards, net wallets and bank wire to deposit with Q8 Trade. Currencies one can deposit in are USD, EUR, GBP and KWD.

    Q* Trade Withdrawal

    Before withdrawing, the account must be verified. This is meanwhile standard procedure that requires clients to send their ID, residency and payment method documents for verification to the broker. It is the so-called KYC – know your customer policy required by the various regulators and laws.

    Please mind that the money deposited via KNET cannot be returned with same method, but bak wire will be used. This affects you because bank wire has significantly higher minimum withdrawal of $25, than the other types of payment, that only have $25.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

    12. Your capital is at risk
Footer Crypto Icon

Top Crypto Brokers

Rated with 5 stars
  • Min. Deposit
  • Max. Leverage
  • $10
  • 1:300
Visit our Top Crypto Broker
Footer Casino Icon

Trusted Forex Broker

Rated with 5 stars
  • Min. Deposit
  • Max. Leverage
  • $100
  • 1:400
Visit the trusted Forex Broker
Your capital is at risk

Top Trading Platforms

  • Broker
  • Min. Deposit
  • Min. Investment
  • Reviews
  • nadex logo small
  • $250
  • $1
  • NADEX
Your capital is at risk
Your capital is at risk

Copyright © 2012-2018 All Rights Reserved Fair Forex Brokers - us

Privacy Policy     Cookie Policy

Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website.

In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, FairForexBrokers.com has financial relationships with some of the products and services mention on this website, and FairForexBrokers.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money.

Important notice for US traders: Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.

FBO iGB - Best Binary Affiliate

FBO Awards