Qartal Markets

According to the WikiFX assessment, Qartal Markets exhibits a significant lack of safety and reliability. The broker holds an overall score of 1.79 out of 10, which is exceptionally low. Furthermore, Qartal Markets (QARTAL LLC) operates as an unregulated entity registered in Saint Vincent and the Grenadines. The absence of any credible regulatory license means client funds are not protected by standard safeguards like segregated accounts or investor compensation schemes. For traders, this presents a very high-risk environment where dispute resolution can be extremely difficult.

No, Qartal Markets is not regulated. The entity, QARTAL LLC, is registered in Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex brokers. WikiFX data confirms the broker holds no valid forex trading licenses from any major financial authority, such as the FCA, ASIC, or CySEC. This means the firm operates without any formal external oversight.

Qartal Markets offers a tiered account structure with varying minimum deposits. The most accessible account is the Micro account, which requires a minimum deposit of $10. The Standard account starts from $100, the ECN account from $500, and the ECN Pro account from $5,000. This range allows for low entry barriers but does not compensate for the significant risks associated with its unregulated status.

Based on its assessed software index and common operational practices for brokers of this type, it is highly likely that Qartal Markets supports the MetaTrader 4 (MT4) platform. However, specific confirmation regarding MT4, MT5, or proprietary platforms is not explicitly stated in its current public profile.