Broker type :Commodities, Indices & Stocks
Trading Accounts Information
Acc. currencies :USD
Min deposit :250$
Accounts separated :Yes
Payment methods :Credit Card - Wire Transfer - KNET
Accept american :No
Instruments :CFDs - Commodities - Metals - Stocks - Oil - Gold - Binary Options - Indicators
Min deal amount : 5000
Currency pairs :GBP/USD,EUR/USD,USD/JPY,AUD/USD,USD/CAD,USD/CHF,NZD/USD,EUR/JPY,GBP/JPY,BTC/USD,USD/TRY
Accept scalping :Yes
Available heading? :Yes
trailing stop :Yes
Swap :Islamic Accounts
Q8 Trade, founded in the current year, is a brokerage firm without a forex trading office.
The company is headquartered in Kuwait and is regulated in Kuwait under the authority of financial markets. This is one of the factors that characterizes this broker.
The company started in 1985 under the name "Al Arabi" and in 2017 it changed its name to Q8 Trade, a successful company in the field of investments in shares and derivatives in Kuwait and various international markets. Through its deliberative platform it can trade in currency pairs, commodities, indices and equities Individual contracts in the form of CFDs in major and minor financial markets.
Types of accounts in the company
The company has four different accounts divided into:1- Bronze Account: It can be opened with a minimum of $ 250, with a minimum of 3 points of Forex spreads.
2- Silver account: which can be opened to deposit $ 1,000, with a minimum of 3 points of Forex spreads, but has a 5% welcome bonus.
3- Golden Account: You need to deposit $ 10,000, with a minimum of two-point Forex spreads, and provide a 10% welcome bonus, or an update bonus and free recommendations.
4- Platinum account: You need to deposit $ 50,000, with a minimum of one and a half point Forex spreads, a 20% welcome bonus, or a free upgrade bonus and a free line to the trading room.
Advantages of Q8 Trade accountsThe company offers many of the features of a user who opens an account that has any kind of account. These features include Q8 Trade's trading tools, "Power to Grow", open access to the e-book library, and daily market assessment by e-mail at the beginning of each trading day.
A total of 49 currency pairs can be traded in addition to many spot commodities, including gold and silver, as well as 38 leading stocks worldwide and several major equity indices.
A range of futures can also be traded. The goods supplied are not limited to precious metals, with the possibility of trading sugar and cotton as well.
The company also provides a demo account, as well as an Islamic account.
Platforms Q8 Trade
MetaTrader 4 platform is an independent trading platform, developed for trading in Forex, commodities and other products and is one of the most advanced and easy to use platforms. Q8 Trade traders can create "expert advisors" and programs that enable traders to monitor markets permanently. Custom indicators help traders predict future price movements by analyzing past and current market information. The text feature gives traders the opportunity to automate the automatic replication of specific operations such as closing all positions within a single move.
Web Trader PlatformThis platform provides access to an advanced and fully customized trading package without having to install any software on your computer. The Web Trader platform ensures secure access to the account through the use of advanced technology. Is simply the online version of the proven and tested MetaTrader 4 platform.
Deposits and withdrawalsDepositing money with Q8 Trade, is done by easy and safe process. Deposits can be made in 4 currencies: US Dollar, Euro, British Pound and Kuwaiti Dinar.
Deposits can be made through a variety of means, including KNET, credit cards, bank transfers and a wide range of electronic portfolios. Withdrawals can be made with the same deposit methods, except KNET, where withdrawals are made by bank transfer.
The minimum deposit is $ 250 via KNET and credit cards, and $ 500 via bank transfer. Minimum withdrawal is $ 250 through bank transfer and $ 25 via credit cards. Drawbacks are handled within 3 to 5 business days.
Customer ServiceCustomer service is available in Kuwait. Customers can communicate with Q8 Trade by phone during business hours and can communicate with them by email at any time during the day.
ConclusionQ8 Trade offers comprehensive services to traders looking for a mix of major and minor Forex pairs, as well as global equities, commodities, indices and futures. Individual traders of higher value in the Middle East are likely to find this broker particularly attractive.
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