General Information
iQuoto is allegedly a forex broker based in the UK and registered at 26/27 Van Alloys Business Park, Stoke Row, Henley-On-Thames, England, RG9 5QW, providing its clients with the worlds most widely used trading platform, leverage up to 30:1, competitive spreads and commissions on 50+ tradable assets, as well as a choice of two different account types and tailored customer support services.
Market Instruments
iQuoto advertises that it mainly offers four different classes of trading instruments, including forex, index CFDs, precious metals and energy CFDs.
Account Types
There are two live trading accounts offered by iQuoto, apart from free demo accounts, namely Standard and ECN. There is no minimum deposit amount for opening a Standard account, while the ECN account with the initial capital requirements of £2000.
Leverage
The maximum leverage ratio provided by iQuoto is up to 30:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads and commissions are significantly influenced by what account types traders are holding. The spread in the Standard account starts from 1.3 pip without any commission, while the ECN account enjoys raw spread with commission of $3 per lot per side.
Trading Platform Available
When it comes to trading platforms available,iQuoto gives traders access to MetaTrader4 for four different devices including Windows, iPhone, Android and iPad. MT4 is known as the worlds most popular trading platform in the industry, featuring with real-time charting, news, technical analysis indicators, analytical tools and more.
Deposit & Withdrawal
iQuoto accepts deposit and withdrawal via Credit/Debit Cards like VISA, MasterCard, Maestro and Bank Transfer. This broker says that all withdrawal requests will be processed in 24 hours. However, attention that for those clients who withdraw for the first time, iQuoto needs a copy of a bank statement associated with the account which funds will be sent too.
Customer Support
iQuotos customer support can be reached through telephone: 4402039506214, email: info@iquoto.com, clientservices@iquoto.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook and Twitter. Company address: C/O Jellyfish Limited 28th Floor, The Shard 32 London Bridge Street London, SE1 9SG.