Qube Markets

According to WikiFX data, QBM has a WikiFX score of 6.10 and is classified as regulated. The license list shows ASIC and FSCA licenses with Regulated status for specific legal entities, as well as Comoros AOFA and Mauritius FSC licenses with Active status for other entities. The brand operates through multiple legal entities, and regulatory protection depends on the specific entity, license status, product, and client jurisdiction. A WikiFX score and regulatory status do not by themselves guarantee safety or reliability. Overall, WikiFX assessment indicates a regulated profile across several entities, but users should verify which legal entity and license apply to their circumstances.

According to WikiFX data, QBM is classified as regulated. The listed licenses are: (1) Australia – ASIC, Inst Securities Trading License (STP), status Regulated, regulation number 475072, held by QUBE MARKETS GROUP AUSTRALIA PTY LTD; (2) South Africa – FSCA, Derivatives Trading License (EP), status Regulated, regulation number 54781, held by QUBE MARKETS GROUP (PTY) LTD; (3) Comoros – AOFA, Forex Trading License (EP), status Active, regulation number L16389/QMGFL, held by Qube Markets Global Fintech Limited; and (4) Mauritius – FSC, Securities Trading License (EP), status Active, regulation number GB26205767, held by Qube Markets Group Limited. These licenses are held by different legal entities, and regulatory protection depends on the entity, license status, product, and client jurisdiction.

According to WikiFX data, the listed ECN, PRO, and STD accounts each show a minimum cash/entry amount of 0.01. The currency and any additional entry conditions are not specified in the available information.

According to WikiFX data, QBM supports both MT4 and MT5. The verification result shows one MT4 count and two MT5 counts, with MT4 and MT5 listed under full license status.

According to WikiFX data, pros of QBM include: (1) a regulatory profile with ASIC and FSCA licenses listed as Regulated for specific entities; (2) support for both MT4 and MT5; and (3) multiple account types—ECN, PRO, and STD—with features such as EA support, scalping, locking positions, and a listed maximum leverage of 1:1000. Cons include: (1) the WikiFX score is 6.10, which is moderate; (2) the listed maximum leverage of 1:1000 can increase trading risk; and (3) WikiFX data includes user-submitted exposure posts describing account restrictions and withdrawal disputes, which are not independently verified in the available information.

According to WikiFX data, there are user-submitted exposure posts concerning QBM. These posts describe claims about account restrictions, inability to log in, account deletion after scalping, and disputes over withdrawals. The posts are user-generated, and their accuracy is not independently confirmed in the available information. WikiFX assessment indicates that such exposure records should be considered alongside the broker's regulatory status and any official responses.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

According to WikiFX data, QBM is classified as regulated, with ASIC and FSCA licenses listed for specific entities, and it offers MT4/MT5 and account types with a minimum cash/entry amount of 0.01. However, the listed maximum leverage is 1:1000, which can significantly increase risk, and WikiFX data includes user exposure posts about account restrictions and withdrawal disputes. The available information does not specify demo accounts, educational materials, or negative balance protection. Whether QBM is suitable for beginners depends on the user's experience, risk tolerance, and ability to verify the relevant legal entity and license.

According to WikiFX data, listed spreads vary by account type: ECN has a spread of 0, PRO has a spread of 1.2, and STD has a spread of 1.7. The available information does not specify commissions, swap fees, or other charges. Therefore, whether fees and spreads are high cannot be determined solely from the listed spread figures; users may need to compare the total cost structure of each account type.

According to WikiFX data, QBM offers ECN, PRO, and STD account types. The main listed difference is the spread: ECN shows 0, PRO shows 1.2, and STD shows 1.7. All three account types list a maximum leverage of 1:1000, an out-stock ratio of 20.0, a minimum cash/entry amount of 0.01, support for locking positions, scalping, and EA use, and do not support Islamic accounts. The available information does not specify additional entry conditions or spread types.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.