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Quantec Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-06 15:39

Abstract：Founded in 2023 in China, Quantec is an unregulated trading platform that offers a variety of account tiers and a diverse range of market instruments, including foreign exchange (FX), metals, indices, and oil. Quantec has partnered with Eightcap, which now serves as its primary trading platform.

Quantec Review Summary
Founded	2023
Registered Country/Region	China
Regulation	No Regulation
Market Instruments	FX, Metals, Indices, Oil
Leverage	1:30
Trading Platforms	EightCaps platform
Minimum Deposit	$25,000
Customer Support	Email: support@quantectrading.com; Live Chat
Customer Support	Social Media: Facebook, Instagram, Twitter, Tik Tok, Discord

Quantec's Information

　　Founded in 2023 in China, Quantec is an unregulated trading platform that offers a variety of account tiers and a diverse range of market instruments, including foreign exchange (FX), metals, indices, and oil. Quantec has partnered with Eightcap, which now serves as its primary trading platform.

Pros & Cons

Pros	Cons
Wide range of trading assets	Lack of regulation
Partnership with Eightcap	High minimum deposit
Multiple account types

　　Pros

　　Quantec offers multiple trading instruments including FX, metals, indices, and commodities. In terms of trading platform, Quantec provides a forex trading platform by cooperating with Eightcap. Furthermore, Quantec offers different tiers of accounts for you so that you can choose based on your own preference.

Cons

　　Quantec operates without regulation. This regulatory oversight does not meet the industry standards because traders engaged in this platform will not receive legal protection. Besides, the lowest fee requirement to open an account is $25,000, which is insanely high, and thus not suitable for beginners.

Is Quantec Legit？

　　Quantec is currently not regulated by any recognized financial authority. When trading on a platform without regulation, investors have little to no recourse if something goes wrong with their investments, which might cause serious issues.

Market Instruments

　　Quantec offers a diverse range of market instruments including Forex, Metals, Indices, and Oil. On the flip side, it doesn't offer access to various popular trading options like cryptocurrencies, commondities, options, energy products, ETFs, and more.

Assets	Available
forex	√
metals	√
indices	√
oil	√
cryptocurrency	×
commodities	×
options	×
energy products	×
ETFs	×

Account Types

　　Standard (HFT Allowed)

	$25,000 Account	$50,000 Account	$100,000 Account	$250,000 Account
	$175 Per Attempt	$375 Per Attempt	$599 Per Attempt	$999 Per Attempt
	1 Step Challenge
Max Trading Days	Unlimited
Max Daily Drawdown	5%
Max Total Drawdown	10%
Profit Target	10%
Leverage	1:3	1:30

　　Ultimate (HFT Allowed)

	$50,000 Account	$100,000 Account	$250,000 Account
	$488 Per Attempt	$888 Per Attempt	$1748 Per Attempt
	1 Step Challenge
Max Daily Drawdown	6%
Max Total Drawdown	12%
Profit Target	10%
Max Trading Days	Unlimited
Min Trading Days	Zero
Leverage	1:30

　　DX Trade

	$25,000 Account	$50,000 Account	$100,000 Account	$200,000 Account
	$125 Per Attempt	$249 Per Attempt	$100,000 Per Attempt	$200,000 Per Attempt
Max Daily Drawdown	5%
Max Total Drawdown	10%
Profit Target	0.5%
Max Trading Days	Unlimited
Min Trading Days (demo)	None
Min Trading Days (live)	10 for the first month, 5 for following months

How to Open an Account？

　　To open an account on Quantec, you should provide your username, email address and create a password. Then you need to agree to the terms and condition as it's requested.

Leverage

　　Quantec provides leverage of 1:30 for all the standard and ultimate account tiers, allowing traders to amplify their market exposure.

Trading Platform

　　Quantec has teamed up with Eightcap to offer trading services. Powered by Eightcap, Quantec claims to offer tight spreads and high liquidity, while benefiting from Equinix's fast trade execution.

Customer Support

　　Revival Ltd typically offers three contact methods.

Live Chat
E-mail: support@quantectrading.com
Social Media: Facebook, Twitter, Instagram, TikTok, Discord

Conclusion

　　In conclusion, while Quantec offers multiple trading options and account, Quantec's lack fo regulation and high minimum depost make Quantec not a good invest choice. We advise you to operate trading on a more experienced and regulated platform.

Q&A

　　Is Quantec regulated？

　　No.

　　What trading instruments are available with Quantec？

　　Quantec claims to offer a wide range of trading assets, including popular forex, indices, commodities and stocks.

　　What is the leverage offered by Quantec？

　　1:30.

　　Is Quantec a good broker for beginners？

　　No. Quantec is an unregulated broker. Traders are advised to trade exclusively on regulated platforms for safety.

Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.