Accounts and account opening
Sections ↑QuickTrade’s South African company introduces clients to QuickTrade.World in Botswana, which holds the trading relationship. The current offer uses Match-Trader and a USD account; the local FSCA registration and the offshore trading contract have different scopes.[2][3][27]
Reference table01
Live and practice account choices
| Attribute | Live CFD account | Demo account |
|---|---|---|
| Purpose | Trade with your own capital | Practise with virtual fundsSource 4 |
| Platform | Match-Trader | Match-TraderSource 3 |
| Balance | USD-denominated | Virtual fundsSource 3 |
| Opening deposit | None required simply to open | None requiredSource 1Source 3 |
| Funding to trade | Cleared funds and sufficient margin | No real-money fundingSource 15Source 3 |
The facts02
Opening and verification
| Measure | Value | Context |
|---|---|---|
| Application | Register online and choose the account environment. Identity and address verification must be completed before the first withdrawal. | Source 8 |
| Live minimum | The public FAQ does not specify one fixed minimum for every live account. Confirm the selected account’s funding requirement before depositing. | Source 9 |
| Identity evidence | SA identity card/book; Botswana national ID; or an eligible foreign passport. Foreign passports generally need at least three months remaining. | Source 18 |
| Address evidence | Named physical-address evidence, usually within three months; the checklist allows longer validity for certain lease, mortgage and tax documents. | Source 18 |
| Driver’s licence | The formal KYC checklist excludes it as primary identification, despite broader examples in website FAQs. | Source 18Source 9 |
| Shared residence | Cohabitation documents include the address holder’s ID, proof of residence and the signed prescribed declaration. | Source 19 |
Products and contract structure
Sections ↑Reference table03
Available market categories
| Market | Published offering | Contract scope |
|---|---|---|
| Forex | Examples include EUR/USD, GBP/JPY and USD/ZAR | Leveraged currency derivativesSource 1 |
| Indices | Global equity-index exposure | CFDsSource 10 |
| Metals and commodities | Gold, silver, oil and other commodities | CFDsSource 1 |
| US equities | US stock-price exposure | CFDs; no share ownershipSource 3Source 15 |
| Crypto | Examples include BTC and ETH | Derivative exposure; not a crypto walletSource 1Source 17 |
The facts04
Trade size and specification access
| Measure | Value | Context |
|---|---|---|
| Published headline | World-site instrument FAQs advertise sizes from 0.01 lot and leverage up to 1:500 on certain instruments; neither figure is universal. | Source 10 |
| Before an order | Use the linked instrument sheet and platform specification for base units, tick value, margin and session. A “0.01 lot” label alone does not establish cash exposure. | Source 10 |
| Pricing coverage | The public specification sheet could not be retrieved for this review. No instrument-level spreads, lot notionals or cost-calculator inputs are inferred. | Source 11 |
Spreads, commissions and other costs
Sections ↑Reference table05
Published dealing and holding charges
| Charge | Current published terms | Qualification |
|---|---|---|
| US equity CFDs | 0.6% on entry and 0.6% on exit | No minimum commissionSource 16 |
| FX, index and commodity CFDs | Charges stated in points, varying by instrument | Check the symbol’s current scheduleSource 16 |
| Overnight funding | Fee schedule: SAFEY + 3% long; SAFEY − 3% short | Notional-based daily calculation; weekends and holidays includedSource 16 |
| FX financing | Adjustment reflects the two currencies’ interest differential | Do not apply one generic holding rate to every pairSource 16 |
The facts06
Cost conditions that need attention
| Measure | Value | Context |
|---|---|---|
| Benchmark conflict | The client agreement uses Federal Funds, while the fee schedule uses SAFEY. Establish the applicable instrument rate before holding overnight. | Source 15Source 16 |
| Dormancy trigger | An account can become inactive after 30 days below USD 100, or 30 days unfunded after opening. This is a balance-based test. | Source 15 |
| Dormancy amount | A dormant fee is permitted, but its amount and frequency are absent from the current summary schedule. Obtain the applicable tariff. | Source 15Source 16 |
| Third-party costs | Bank, network and currency-conversion costs can apply even when a broker funding charge is zero. | Source 5 |
Platforms, execution and margin
Sections ↑The facts07
Current trading environment
| Measure | Value | Context |
|---|---|---|
| Platform access | Match-Trader on web, desktop, iOS and Android; integrated TradingView charting and one-click trading. | Source 3 |
| Platform change | The current South African platform page explicitly says it moved away from MT5. Legacy MetaTrader instructions are not the current platform offer. | Source 3 |
| Margin responsibility | Clients must monitor available margin. Failure to meet requirements can cause partial or complete liquidation without advance contact. | Source 17 |
| Stops and gaps | Stop orders can execute beyond the requested price; disrupted markets can prevent closure. | Source 17 |
| Deficit liability | The general risk disclosure says losses can exceed deposits and additional amounts must be paid immediately. | Source 17 |
Deposits, withdrawals and cash access
Sections ↑Reference table08
Funding methods for South African clients
| Method | Published arrival | Costs and currency |
|---|---|---|
| Local EFT | Same day during business hours | ZAR converted to USD; no broker deposit feeSource 5 |
| Visa / Mastercard | Advertised instant credit | ZAR converted to USD; no broker deposit feeSource 5 |
| International bank wire | 1–3 business days | USD; sending-bank charges may applySource 5 |
| USDT or BTC | After required network confirmations | USDT TRC20/ERC20 or BTC; network fees applySource 5 |
The facts09
Withdrawal and balance access
| Measure | Value | Context |
|---|---|---|
| Processing and arrival | Broker processing: one business day; settlement: a further 1–3 days depending on method. Verification and payment checks can delay access. | Source 5 |
| Return route | Normally the original funding method. Local withdrawals settle in ZAR at the prevailing conversion rate; the transaction shows the conversion margin. | Source 5 |
| Eligibility | First-withdrawal KYC is required. The account’s cleared, unencumbered balance governs the amount available. | Source 8Source 15 |
| Contract termination | Clients give five business days’ written notice. Positions ordinarily close, debts are settled and the remaining credit balance is returned under withdrawal rules. | Source 15 |
Regulation and client protection
Sections ↑Reference table10
Who provides which service?
| Entity | Verified or published role | Limits |
|---|---|---|
| QuickTrade (Pty) Ltd, South Africa | FSCA 45262: authorised Category I advice/intermediary services; derivatives included | This FAIS record does not establish OTC-derivative-provider approvalSource 27 |
| QuickTrade.World (Pty) Ltd, Botswana | Trading principal and counterparty; company registration BW00000404456 | Corporate registration is not independently verified brokerage authorisationSource 2 |
The facts11
Protection attached to the actual relationship
| Measure | Value | Context |
|---|---|---|
| Client money | Contract §25 places free margin in pooled client accounts; posted margin transfers to the company and loses that segregation protection. | Source 15 |
| Local fund handling | The South African introducer says it does not hold client funds. Its registration does not relocate the Botswana trading balance. | Source 2 |
| SA insurance claim | The November 2025 disclosure states ZAR 1 million fidelity cover; the intermediary disclosure also mentions professional indemnity. | Source 21Source 22 |
| Insurance scope | No per-client limit, policy terms or direct protection of Botswana trading deposits was established. This is not a verified account-balance guarantee. | Source 21Source 22 |
Support, complaints and dealing interruptions
Sections ↑Official service channels
South African client teamEmail
[email protected]Source 6
Scope Onboarding, funding and local support
Hours Monday–Friday 08:00–17:00 SAST (UTC+2)
Telephone / WhatsAppTelephone
World trading complaintsEmail
South African service complaintsEmail
The facts12
Outages and escalation
| Measure | Value | Context |
|---|---|---|
| Platform interruption | Telephone assistance may be available, but is discretionary and cannot be relied on in every outage. | Source 17 |
| Dealing window | The contract’s business hours are 08:00–16:30 UTC+2 on business days; a telephone order requires the representative’s express acceptance. | Source 15 |
| SA escalation | Unresolved local-service complaints may proceed to the FAIS Ombud, within that body’s jurisdiction. | Source 22 |
| World dispute route | The world dispute documents provide for Botswana arbitration. This differs from the local FAIS service-complaint route. | Source 25 |
Copy trading, programmes and promotions
Sections ↑The facts13
Copying and managed strategies
| Measure | Value | Context |
|---|---|---|
| Copy mechanism | Match-Trader mirrors selected providers proportionally. Provider-specific performance fees are displayed before following. | Source 12 |
| Pausing or leaving | The page permits pausing and stopping a provider. It does not establish whether already-open positions close or remain; check and manage remaining exposure explicitly. | Source 12 |
| Money Manager | Managers can offer strategies to followers and earn performance-linked remuneration; published marketing is not a personalised management agreement. | Source 13 |
| Other programmes | TurboTrade.Fund challenges, competitions, education and partner programmes have separate eligibility, fees and rules. | Source 4Source 9 |
| Signals | Signal material does not guarantee results or remove the client’s trading responsibility. | Source 26 |
Reference table14
Deposit bonus: credit and cash are different
| Subject | Current published condition |
|---|---|
| SA headline tiers | 20% for USD 100–999; 50% for USD 1,000–4,999; 100% from USD 5,000Source 7 |
| Legal eligibility | The linked terms concern qualifying initial deposits; ongoing-deposit wording elsewhere is broader. Confirm the particular campaign.Source 20Source 9 |
| Cash status | Credit is nonwithdrawable and nontransferable; campaign-specific duration and trading conditions apply.Source 20 |
| Withdrawal or transfer | During the allocated bonus period, either action forfeits the credit. Expired credit is also removed.Source 20 |
| Zero-equity rule | Bonus terms provide for removing credit, closing positions and resetting the account at zero. This is bonus-specific, not a general deficit waiver.Source 20Source 17 |
Company, history and evidence scope
Sections ↑The facts15
Company identity
| Measure | Value | Context |
|---|---|---|
| South African company | QuickTrade (Pty) Ltd; registration 2014/062267/07. Current FSCA record and Midrand office details match. | Source 27 |
| Local office | First Floor, Mushroom Farm Retail Park, corner Allandale and President Drive, Kyalami Gardens, Midrand 1685. | Source 6 |
| Current structure | QuickTrade.World is the Botswana trading company; QuickTrade South Africa provides the local introducing relationship. | Source 2 |
| Documents used | Current website-linked legal catalogue, including the July 2025 agreement and November 2025 disclosures. Their publication ages are preserved. | Source 14 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
QuickTrade (Pty) Ltd
South AfricaSource 27
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Sector Conduct Authority45262 | Authorised | Checked 12 Oct 2026Current Category I advice/intermediary permissions; not evidence of separate ODP approval.Source 27 |
QuickTrade.World (Pty) Ltd
BotswanaSource 2
No separate licence entry is recorded in this panel.
Sources & further reading
- QuickTrade South Africa: current offer QuickTrade · Accessed 12 Oct 2026
- South African introducer and Botswana counterparty QuickTrade · Accessed 12 Oct 2026
- Current Match-Trader platforms QuickTrade · Accessed 12 Oct 2026
- Trader programmes QuickTrade · Accessed 12 Oct 2026
- South African deposits and withdrawals QuickTrade · Accessed 12 Oct 2026
- South African office and support QuickTrade · Accessed 12 Oct 2026
- South African deposit-bonus tiers QuickTrade · Accessed 12 Oct 2026
- Opening a trading account QuickTrade.World · Accessed 12 Oct 2026
- Current world-site frequently asked questions QuickTrade.World · Accessed 12 Oct 2026
- Tradeable instruments and linked specification sheet QuickTrade.World · Accessed 12 Oct 2026
- Official linked instrument specification sheet QuickTrade.World · Accessed 12 Oct 2026
- Copy-trading controls and fees QuickTrade.World · Accessed 12 Oct 2026
- Money Manager programme QuickTrade.World · Accessed 12 Oct 2026
- Current official legal-document catalogue QuickTrade.World · Accessed 12 Oct 2026
- Client Agreement: July 2025, currently linked QuickTrade.World · Accessed 12 Oct 2026
- Current Summary Fee Schedule QuickTrade.World · Accessed 12 Oct 2026
- Risk Disclosure Statement: November 2025 QuickTrade.World · Accessed 12 Oct 2026
- KYC Documents for Individuals QuickTrade.World · Accessed 12 Oct 2026
- Documents for Cohabitation QuickTrade.World · Accessed 12 Oct 2026
- Deposit Bonus Terms and Conditions: August 2025 QuickTrade.World · Accessed 12 Oct 2026
- FAIS Disclosure: November 2025 QuickTrade South Africa · Accessed 12 Oct 2026
- Intermediary Disclosure: November 2025 QuickTrade South Africa · Accessed 12 Oct 2026
- World client complaint procedure QuickTrade.World · Accessed 12 Oct 2026
- South African client complaint procedure QuickTrade South Africa · Accessed 12 Oct 2026
- Client dispute resolution QuickTrade.World · Accessed 12 Oct 2026
- Signals Disclaimer QuickTrade.World · Accessed 12 Oct 2026
- FSCA current firm details: QuickTrade (Pty) Ltd, 45262 Financial Sector Conduct Authority · Accessed 12 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.