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TQRtrade Broker Review

TQRtrade Broker Review
Borina
When a broker claims to be one of the “most accessible ways to become richer”, we feel a strong urge to review it! TQRtrade broker review will give you more information about this broker who claims to make you richer. It offers 4 different account types, as well as a 30% welcome bonus, leverage up... Read more
When a broker claims to be one of the “most accessible ways to become richer”, we feel a strong urge to review it! TQRtrade broker review will give you more information about this broker who claims to make you richer. It offers 4 different account types, as well as a 30% welcome bonus, leverage up to 1:200, no fees on depositing, 24/7 customer support and 1.6 EUR/USD spread. All this sounds really interesting so make sure to read our review to find out if this broker is really worth your money. TQRtrade is owned by A. Eternity Capital Management Ltd.
  1. When a broker claims to be one of the “most accessible ways to become richer”, we feel a strong urge to review it! TQRtrade broker review will give you more information about this broker who claims to make you richer. It offers 4 different account types, as well as a 30% welcome bonus, leverage up to 1:200, no fees on depositing, 24/7 customer support and 1.6 EUR/USD spread. All this sounds really interesting so make sure to read our review to find out if this broker is really worth your money.

    TQRtrade is owned by A. Eternity Capital Management Ltd.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk
  3. TQRtrade Special features

    TQRtrade offers four different account types. The level of service changes as you deposit: the more money you invest, the more features and tools you get.

    TQRtrade Standard Account

    • $250 minimum deposit
    • No live chat support
    • Limited access to all platform features

    TQRtrade Classic Account

    • $2500 minimum deposit
    • Live chat support
    • Access to all platform features

    TQRtrade Premium Account

    • $20,000 minimum deposit
    • Live chat
    • All features available
    • More information in autocharts
    • SMS signals
    • VIP manager
    • Direct phone line

    TQRtrade Gold Account

    • $50,000 minimum deposit
    • Benefits of Premium account
    • Special promotions
    • Personal reports on the stock market

    As can be concluded from the descriptions above, traders who make a minimum deposit will get only the bare minimum required for trading. They don’t even get access to live chat. That is something we consider unfair and see no reason for such degradation of small traders.

    TQRtrade Demo Account

    TQRtrade doesn’t have a demo account. This is something that traders won’t appreciate, as it means that you get access to the trading platform and all its features, only after you make a deposit. Considering that traders who deposit bare minimum don’t get many features in the trading interface, a demo account would be a great way to motivate them to deposit more. This way, they won’t be able to see all the features that could help them do proper technical and fundamental analysis directly on the trading platform.

    TQRtrade Bonus Policy

    TQRtrade review noticed how this broker offers a bonus. The welcome bonus is 30%. In order to meet bonus requirements, the trader must buy or sell at least 3.3 lots for every $10 bonus. Each lot accounts for 100,000 currency units. By using the term “at least”, the broker leaves bonus terms open to different interpretations. Also, there are some bonus rules that make no sense to us. For example: “In the case that a deposit bonus has been provided that exceed the 25% of the initial deposit, on request of withdrawal in case that the lots required for withdrawing the bonus allotted funds not completed the bonus and profit will be deducted from the withdrawal requested amount.”

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  6. TQRtrade Trading software

    TQRtrade is using a web-based proprietary platform that was developed in house. However, the broker doesn’t offer much information about it. As it is web-based, the only thing we know is that it doesn’t require a download, but can be used in the web browser of your choice.

    They also mention there is a Windows-based platform, but we couldn’t find any information about it. Even though the broker advertises mobile apps for both Android and iOS devices, thy are only appropriate images on the website, and not links leading to app stores.

    To find out more about the platform, we decided to open a trading account. Usually, broker allows a glance of the trading platform to those traders who complete the registration. However, this broker asks for a deposit first. This is very hostile towards trader who has to invest money first, without knowing what the product looks like.

    TQRtrade Assets

    As we couldn’t get access to the trading platform, we were unable to check if all claims about diverse assets are true. Also, we don’t know what tools and other features can be used, and making a deposit without knowing anything about the product is not a wise thing to do.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  8. TQRtrade Support information

    TQRtrade’s approach to customer support is very unusual. Most brokers want to be as user-friendly and approachable as possible, but not TQRtrade. In order to get a live chat customer support, traders must deposit $2,500 which is ten times minimum deposit. Also, traders who don’t have a trading account or didn’t make a deposit can’t ask an agent for help either.

    There are several other ways to reach the broker:

    • You can use a phone number +44 208 089 2876
    • You can send an email [email protected]
    • You can Skype the broker tqrtrade.com

    However, all of these require some time or some money. It is hard to recommend a broker that doesn’t have a live chat accessible for all traders and those interested in their product.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  10. TQRtrade Payment Methods

    Traders who want to find out more about depositing and withdrawing with this broker will be surprised that there are no guidelines they could follow or FAQs that would help them learn more. Once again, that information is something they will get only after they register. When we opened our account, we were given the opportunity to deposit with:

    • Visa
    • Bitcoin Tokenexus
    • Bitcoin
    • VoguePay

    However, we were unable to find out more about fees, depositing and withdrawing limits with TQRtrade broker.

    TQRtrade Pros and Cons

    Pros

    • None

    Cons

    • No live chat
    • Bonus policy
    • No clear fees
    • Lack of general information

    Is TQRtrade a scam?

    It is hard for us to claim how this broker is a 100% scam, but we can honestly say there are better choices out there. With a high depositing limit and unclear terms of trading it wouldn’t be our no. 1 choice.

    We suggest you try another broker that has a free demo account and a minimum deposit of only $10 – IQ Option.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  12. Your capital is at risk
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