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Name

Q8trade

Year of foundation

2017

Jurisdiction

Kuwait

Minimum deposit

250 dollars

Maximum income

Is not limited

Compensation at a loss

no

Currency

USD, EUR, GBP, KWD, SAR

Interface language

Arabic English

Demo Account

Yes

trading signals

Yes

Mobile trading

Yes

Deposits and withdrawals

Credit and debit cards Visa and Mastercard, electronic payment systems

Q8trade official website

Q8trade was established recently - in 2017. But now it offers cutting-edge opportunities for trading in financial markets. By opening just one trading account, you get access to more than 300 trading assets, including stock indexes, commodities, stocks, currency pairs, and cryptocurrency.

Q8Trade is one of the only companies in the MENA region that has a regulated license for online brokerage services CFD and Forex. Q8 trading is a trademark owned and managed by Q8 securities, which is licensed by the Capital Markets Authority for brokerage services under the license number AP / 2013 / 0012.

Q8trade pays special attention to ensure the security of its customers and their personal data. For this reason, the security service has implemented additional layers of advanced security protocols to provide enhanced site and platform security.

otzyv na Q8trade 1

It is possible to synchronize the account with the service for automatic earnings Abi. This will allow you to receive passive income from trading anytime, anywhere!

The official website is located at https://www.q8trade.com/en/. It is presented in two versions: English and Arabic. The site itself is made qualitatively and at the highest level. It is immediately evident that the owners paid a lot of attention to their business card. Navigation is convenient, all information is visible and there is no need to search for the desired long.

About Us

Broker owned by Q8 Securities, it is one of the deep-rooted investment houses in the GCC area. The company is legally registered in accordance with the provisions of the laws and regulations of the Kuwaiti Capital Market Management under the license number: AP / 2013 / 0012.

Legal address of the company: Mubarak AlKabir, st. Shark 15301, Bursa Kuwait, 5 floor. Kuwait City 15301, Kuwait.

Its core mission is to empower customers by educating them and creating the best trading conditions for them to improve their customer experience and improve their return on investment. Their main goal for the future is to become the No. 1 investment house in the Middle East.

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The Q8trade broker was founded in 2017, and Q8 Securities, which owns this brand, was founded in 1985, under the name Al-Arabi. The company decided to expand and rebrand in 2017 and, accordingly, became Q8 Securities, the holding company with the commercial name Q8 Trade, which provides a local gateway to international markets through online CFD trading.

In addition, Q8 Securities also provides corporate advice, direct investment and investment management. In general, quite a serious office in the Middle East.

otzyv na Q8trade 3

The company is doing everything possible so that customers are not bothered by anything except trading and trading training. For this reason, she paid great attention to customer safety. All transactions and transactions are protected by RapidSSL 256-bit encryption and protected by a firewall.

Q8 Trade provides liquid capital sufficient to cover all financial activities of a client. Moreover, Q8 Trade is legally obliged to split accounts in a fiduciary bank, where these accounts are used only for customer payments.

In response to this, the security service must make sure that every client who has opened a trading account and is ready to start trading has financial solvency. Therefore, the required verification will be required.

Register

To become a client of the company, it is necessary that you register your Personal Account. To do this, in the upper right corner you need to press the Sigh Up button.

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A registration window appears, which looks like this. It is standard, like most other foreign brokerage companies. Fill out your full name, e-mail address, mobile number, come up with a password from the future of the Personal Cabinet. But remember, it does not have to be simple, otherwise fraudsters easily hack it.

At the same stage, you must select the account currency:

  • USD;
  • EUR;
  • GBP;
  • KWD;
  • SAR.

The broker Q8trade does not force its customers to immediately make a real payment. You can practice and test your skills on a free and unlimited demo account. Q8Trade offers all traders the opportunity to start with a demo account. This service is designed to make you feel trading in a risk-free environment with demonstration funds in 50 000 dollars.

The demo mode is available through the MT5 web platform and a mobile platform compatible with iOS and Android.

Since the company is Arabic, there are Islamic accounts here that are fully consistent with the rules of trade according to Sharia. In Islam, individuals or legal entities are prohibited from paying or receiving interest in any form.

Q8Trade provides all traders with the opportunity to trade on 100% in accordance with the regulations on trading in Sharia through the following innovations:

  • free swap;
  • no rollover at night;
  • not limited to traders of the Islamic faith.

But the policy of the Islamic Account does not apply to exotic pairs and cryptocurrency transactions.

To open an Islamic account, contact support@q8trade.com with a request to switch to a fully compatible with the Islamic Islamic trading account.

Under the Regulations, traders are allowed to open more than one account on one account. To do this, again, you need to contact technical support.

Regardless of the type of trading account you want to open, you must be adults. Persons under the age of 18 are not allowed to access the broker platform.

Account Types

You can choose from four types of trading accounts offered by the broker. Depending on the choice of which trading conditions will also depend.

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  • Bronze - available with a one-time deposit from 250 to 999 dollars;
  • Silver - available when a one-time deposit from 1000 to 9999 dollars;
  • Gold - available with a one-time deposit from 10000 to 49999 dollars;
  • Platinum - available with a one-time deposit from 50000 dollars.

For all clients, regardless of the type of account they have, all trading tools are available, Daily market review by email every morning, Unlimited access to e-books, Islamic account, Hedging of transactions.

Bonuses on the first and subsequent deposits start only with a Gold account type in the amount of 5%. The maximum bonus amount is no more than 100 000 dollars per trading account.

Free trading signals from professional analysts will be available only after receiving the Gold account status.

Trading

The company offers its customers to enter into transactions both in the classic MetaTrader terminal and in-house developed Webtrader platform.

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MT5 Platform is an evolution of MT4, the world famous trading platform. Its advanced analysis tools, graphs and user-friendly interface guarantee successful results in market analysis.

As you can see, the broker refused the previous version of MT4 in favor of 5, which is much more innovative and perfect. Download the terminal to your computer right now from the official website of the broker.

The Q8 Trade web platform was created using patented algorithms; it allows you not to be tied to a place, but to trade on the go! Webtrader has a number of distinctive features:

  • convenient and intuitive interface;
  • possibility of setting a transaction in One Click;
  • innovative trading tools, including technical analysis and free real-time quotes;
  • unlimited access to demo accounts to test your best online trading strategies;
  • Q8Trade offers advanced risk management tools besides Stop Loss and Take Profit.

The platform is fully adaptive and can be used for trading on personal computers, mobile phones and tablets (iOS and Android).

In the training section, useful videos are available that will help not only beginners, but also experienced pros. But note that access to some of them is open only from higher account statuses.

As for trading assets, all clients are available without exception:

  • Currency pairs;
  • goods;
  • indexes;
  • shares;
  • crypto-currencies.

The minimum trade size you can do with Q8Trade is 2,5 dollars. Owners of a platinum account have the opportunity to enter into transactions by phone.

Q8Trade provides daily market reviews in addition to the trading signal service delivered by email every day, which you receive as a broker's client. Owners of platinum accounts use the services of trading signals via SMS.

The maximum leverage level is 1: 400, and the margin is 0,25%.

Enter and withdraw profit

Any citizen of the GCC region who is older than 18 for years and wants to trade can deposit funds into one of the following ways:

  • Credit card;
  • Debit card;
  • Bank Transfer;
  • KNET (only for Kuwaiti citizens).

The minimum deposit for opening a real trading account is 250 dollars. The broker does not charge any clients for depositing a trading account with any fees or hidden fees.

Trading does not allow third-party deposits, because withdrawals are made to a credit card from which the initial financing was received, or to a bank account from which a bank transfer was made. These are all requirements of the Money Laundering Policy that the company follows.

Profit withdrawal is done in the same way as replenishment. To make a withdrawal request, click the “My Account” button, select “Withdrawal”, select the amount, enter your bank details and be ready to make a profit.

Profit withdrawal requests are processed within 3 working days. The specific period depends on the chosen payment method.

The broker has a fee for withdrawing profits in the amount of 20 dollars for each withdrawal but not more than 40 dollars per month. Thus, you will pay only the first two withdrawals, the subsequent ones will be free. Platinum account holders are entitled to a free withdrawal.

There are no other tax-related deductions from your trading account. The company also excluded any commissions related to the opening of transactions. If some brokers have fees associated with an inactive account, then Q8Trade completely excludes such additional expenses.

To get access to the withdrawal of funds, each client is obliged to provide documents proving your identity:

  • Copy of your ID (passport or driver's license);
  • A copy of the utility bill that indicates your current address;
  • If you used a credit / debit card to make a deposit with Q8Trade, close the last 4 digits from the 16-digit number that is on your card, scan it front and back and send it to an email address.

The company is required by law to verify the identity of each new trader, as well as his place of residence, along with a guarantee of ownership of the used credit or debit card.

If you have any questions, you can contact the technical support service in one of the following ways:

  • Support service support@q8trade.com;
  • Office phone + 965-22265541, + 965-22265541 (Kuwait), + 971-45869122 (UAE), + 357-25654189 (Cyprus), + 973-65009636 (Bahrain).

Also you can always contact one of the offices in Kuwait at Kuwait Bursa Kuwait, 5-th floor, Mubarak Al-Kabir, st. Shark 15301 or Cyprus - Zavos Kolonakiou Shopping Center, Block B, Office 102, 25 Kolonakiou Street, 4103 Linopetra Limassol.

Sunday to Thursday 06: 30 to 19: 00 GMT + 3 Friday: 06: 30 to 14: 00 GMT + 3.

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