TradeQuo Review – Offshore Regulation Doesn’t Justify Their Confidence
TradeQuo Review – Offshore Regulation Doesn’t Justify Their Confidence

TradeQuo is a Seychelles broker, owned by Trade Quo Global Ltd. Regulated only formally and by an offshore regulator, this company is not considered to be safe. Seemingly equipping their customers with top-notch trading conditions, their conduct still lacks many elements that regulated brokers would never be allowed to. 

You’re probably wondering what exactly do they lack, despite their offer seeming so attractive and lucrative. Many things actually, although not all that evident at first. But that is why our TradeQuo review is here. We’ll present you nothing but raw facts, so read the following lines in their entirety, if you want to get properly informed about everything going on with this broker. 

Regulated by:FSA (Seychelles)
Is This Company Safe?Although regulated, without a Tier 1 license, this company isn’t entirely safe
Have Warnings from:N/A
Registered in:Seychelles
Owned by:Trade Quo Global Ltd
Operating since:2020-06-30
Trading Platforms:MT5
Maximum Leverage:1:1000
Minimum Deposit:10 USD/EUR
Deposit Bonus:N/A
Trading Assets:Forex, Metals, Indices, Crypto, Energies, Stocks, Metals
Free Demo Account:Available
How to  Withdraw from This Company?Loosely regulated brokers are not much better than swindlers, so contact us for help withdrawing your funds. 

Is TradeQuo Regulated By A Financial Authority?

TradeQuo is indeed regulated, just like they claim to be. On the FSA (Seychelles) website, you can find them on the list of regulated entities active in the capital markets. For the reference, you can do your own checking by visiting this link:

EU and other customers are actually directed to the website in case of wanting to open an account. This is a known unregulated entity, so we do not recommend it at all.  As a matter of fact, it’s better to stay away completely, as the broker is nothing but a fraud. There’s no difference between them and  Prive Finance, for example. 

As for TradeQuo, regulatory enforcements in the Seychelles are no match for those present in the UK or EEA. After all, Tier 1 regulatory standards are required for a reason. Although the broker is regulated by the jurisdictional institution, the rules that govern their brokerage activities are incomparably more loose compared to the Tier 1 regulations. The importance of having a premium license issued by FCA, CySEC, ASIC, BaFin, CFTC or other leading regulators is too great to neglect. 

Counting on the security of funds and data protection cannot go without a Tier 1 license. If you’re a trader that cares about their deposits being safely kept, you should choose a heavily regulated broker that deposits your capital on segregated bank accounts. This prevents the broker itself from accessing and misusing your funds, because they’re separately stored. 

Several other colossally important things to mention are the risk-reduction measures, that include negative balance insurance and leverage limitation to 1:30. The EEA regulators, as well as the UK one, demand the broker to form a compensation fund, so in case of dispute the customers can expect to be reimbursed. 

Lastly, every single properly regulated brokerage is transparent about the key points of their conduct. Not only do they have to clearly show their trading conditions, costs and funding procedures and rules, but firms have to be fully honest, easily contactable and reveal their history, background and leadership. 

These are the major differences between the prestigious and a Tier 3 license issued by an offshore regulator. While any license is more respectable over no regulation, brokers need a premium certificate to be fully trustworthy. TradeQuo isn’t. 

Where Does Trade Quo Mainly Operate?

TradeQuo doesn’t really have a method for filtering the restricted areas. Although the homepage does mention some countries where this broker doesn’t offer service, all the clients denied by TradeQuo are directed to sign up with QuoMarkets. This is a known scammer that doesn’t have any kind of brokerage permit and certificate. This scam-prone duo is mainly focused on the victims from the next couple of countries:

  • Poland
  • United Kingdom
  •  Germany

These countries may be most hit by the TradeQuo influence and fraudulent tendencies, but are certainly not the only ones. TradeQuo definitely likes to diversify, and doesn’t just focus on one market. By using various methods, the broker attracts different traders, regardless of their experience and level of expertise. 

We’d like to especially warn you about the promises of huge returns with no fees, commission or added taxes. What better way of bringing new victims in than assuring them of quick profit with minimum investment and barely any effort. Scammers offer distinctively alluring deals that anyone finds too hard to refuse. After all, who wouldn’t like the thought of pilling up money easily or having someone else do that for them with very little investing? 

We implore you not to accept any deals that seem too good to be true. If trading Forex was so easy, the markets would be clogged with every person on the planet buying and selling financial products. Pixpalpro has a similarly sounding offer, and they’re completely unregulated and known for scamming activities. 

Leverage, Commissions, Spreads, Fees, Taxes and Bonuses

Depending on how you look at it, high leverage could be one of the pros or cons. If you’re a professional trader, with developed risk-controlling strategies, you might even prefer leverage of up to 1:1000. That’s how much TradeQuo offers at most. However, this immeasurably differs compared to brokers with Tier 1 licenses. Reputable brokers are only allowed to offer leverage of up to 1:30, or 1:50, as a risk-reduction measure. 

Commissions on TradeQuo are conditioned by the spreads. If you choose an account that offers spreads from 0.0 pips, you’ll have to be paying a $3 commission per turn per lot. The other account type that includes beginning spreads of 0.6 pips does not require commission to be paid. These parameters are hard to believe in. And it doesn’t surprise us in the least that an untrustworthy brokerage uses lies to boost credibility and attractiveness of their conditions. 

TradeQuo Trading Features 

TradeQuo advertises their services as if they’re the best on the market. And that’s completely fine. Every single market participant tries to attract new customers and even uses some less justifiable methods for that. However, we do not support lying. This broker assures their potential clients that only they provide the most desirable and profitable trading conditions. While it all seems alluring, not even a portion of it is actually true or real. 

Desktop Trading Platforms 

It’s very characteristic of untrustworthy brokers to offer top notch software as a way of convincing potential customers to invest. TradeQuo has MT5, the most famous and most widely used trading platform in the industry. Its reliability, flexibility and the features included make it unprecedented in the Forex world. After we opened an account, we were let into the client area. There, we tried to access the webtrader, but the broker didn’t provide us with the needed credentials to log in. 

Since that attempt ended in failure, we tried to download the desktop app. MT5 was successfully installed, but it was simply unresponsive. We opened a demo profile through the platform but could not access or test any of its features. 

Mobile Trading Platforms 

TradeQuo advertises trading on mobile MT5. However, the links appearing in the client area lead to the MetaQuotes MT5 on Apple and Google stores. Downloading this software is always available directly from the developer’s store page. You do not need to access it through the page of a potentially fraudulent broker. So the whole TradeQuo story about them equipping you with a proprietary app for any device does not effectively stand.

Available Trading Assets

TradeQuo invites you to trade several hundred financial products under tight spreads and commission as low as 0.6 pips. Here are the tradable instrument classes that TradeQuo lists:

  • Metals (Copper, Silver, Gold)
  • Indices (D40EUR, 100GBP, E35EUR, SP500, SP500, AUS200)
  • Energies (USOil, UKOil, Natural Gas)
  • Crypto (BTC, BCH, ETH, XRP, LTC, ETC, NEO, TRX, XMR)
  • Stocks (Apple, Amazon, Google, IBM, Coca-Cola, Nike)

Accounts Overview

If you’re hoping to see a variety of trading accounts, each tailored to a specific trading needs, then this offer will not impress you. TradeQuo offers only two packages. None of the features they include is overly attractive or breath-taking. 

The broker claims that opening any of the two provided account types only costs 5 USD/EUR. However, the deposit/withdrawal page explains that the minimum amount to invest or withdraw is 10 USD/EUR.

Here’s the accounts with their general features:

  • RAW – Max leverage up to 1:1000, spreads from 0.0 pips, commission of $3 per side 
  • STANDARD – Max leverage up to 1:1000, spreads from 0.6 pips, no commission

Demo Account

As deceptive and misleading as TradeQuo sounds, they do not offer a Demo account. Especially valuable to beginner traders for test-trading without standard risks, this feature is almost always provided by reputable brokers. We’ve tried to open the promised Demo account but to no avail. After making a Demo profile in the client area, we couldn’t log in as TradeQuo didn’t provide the log in details for our Demo. Also, after downloading the platform and the attempt to register for a Demo account, the platform went unresponsive. 


Learning about investing is provided through various articles. These cover the subjects pertaining to the basics of Forex trading strategies and essentials. However, you are only provided with articles to read. There’s no interactive features and learning, no video material or live lessons and webinars to partake in. 

Besides this section, TradeQuo offers an Economic Calendar. A feature respected among heaps of traders, it serves to better predict and anticipate market changes and act accordingly with your trades. However, this widget on the TradeQuo website is enabled from the TradingView website. The same is with the Snaps section taken directly from the TradingView. 

Deposits & Withdrawals

With the claim of supposedly making all account funding easy and seamless, TradeQuo offers several types of transfers:

  • FIAT (Credit Cards, Skrill, Neteller, Bank Transfer)
  • Coins (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Monero…)

All the international transfers are claimed to be free, with the minimum amount to deposit or withdraw being 10 EUR/USD. Unfortunately, without a clear policy on each channel along with the detailed instructions, we just can’t take everything TradeQuo declares as ultimately true. For that reason, we advise high caution. Also, we’d like to remind you how dangerous it is to perform anonymous transfers through the crypto channels. These transactions are basically irreversible, and help the firm cover up their identity, which further rids them of all responsibility if they misuse your funds. 

Customer Support

The possibilities of getting in touch with the TradeQuo support are limited to say the least:

  • Available Email address to make inquiries is [email protected]
  • Physical address of the broker’s headquarters is Trade Quo Global Ltd is at 9A CT House, Providence, Mahe, Seychelles
  • The online form serves to describe your problem in detail and then expect the reply to come through one of the contacts you leave, be it a contact number or an email address.

Final Thought About TradeQuo? 

The main goal of this TradeQuo review was to shine light on potential risks and dangers of investing with insufficiently regulated brokers. Tier 3 regulation simply isn’t enough to prove a broker’s credibility or reliability. Especially when it comes to funds safety, transparency and withdrawals. Due to loose regulations, we anticipate withdrawing problems with this firm. If you too happen to be experiencing them, please contact us any time. 

Legal experts that we employ are well – acquainted with the problems you might be facing, and with the possible solutions, as well. All you have to do is write to us about your problem with this broker and we will give you the basic instructions on what to do. Keep in mind that the first consultation is always free!

What Is Trade Quo Minimum Deposit?

The broker gives opposing information when it comes to deposit requirements. While one bit on the website says the minimum obligation from the customer is 5 EUR/USD, the other page says it is 10 EUR/USD.

Can I Trade Cryptocurrencies And CFDs With Trade Quo Broker?

Yes, the broker claims to enable these instruments. However, we could not confirm it as the Demo version of the platform did not perform.

Are My Funds Safe With Trade Quo?

Lax regulatory standards cannot provide you with the highest security standards and the safest trading conditions. So we cannot say that your funds are anyhow safe with this company.


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