Coinbase vs Quadcode Markets

Coinbase vs Quadcode Markets Comparison Table 2024
Coinbase Quadcode Markets
1.4
3

Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.

Launched in 2021, Quadcode Markets is a relatively new forex and CFD broker with authorization from tier-one regulators like the ASIC. Its key selling point is the easy-to-use trading platform that continues to deliver an excellent user experience with a powerful charting package. The market maker broker offers 500+ assets spanning stocks, forex, indices, commodities, cryptos and ETFs.

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Customer Reviews
3
Bonus Offer
£5/$5 in BTC. Terms and Conditions Apply. See Review
Comment by Reviewer
"Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks." "Quadcode Markets is best for new traders looking for a user-friendly platform with a customizable layout, excellent charting tools, and a reliable mobile app. However, it falls short in the education and research departments, while testing shows spreads trail the cheapest brokers."
Pros
  • Powerful purpose-built crypto trading platform with backtesting capabilities
  • Well-regarded crypto exchange with thousands of tokens available
  • One of the most trusted brands in the crypto space
  • Fast execution speeds on the trading software
  • Slick app with excellent customer feedback
  • Margin trading available in some countries
  • You can sign up in three quick steps
  • The demo account can be opened in under 2 minutes while the replenishable $10,000 bankroll and no time limit means you can routinely test day trading strategies
  • The platform continues to excel for its ease of use with a modern design and customizable workspace
  • The charting package rivals popular platforms like MT4 with 100+ indicators and up to 9 chart displays
  • There is an above-average selection of digital currencies with crypto-fiat pairs plus crypto-crypto pairs
  • The single retail account combined with the commission-free pricing structure will appeal to beginners
Cons
  • Coinbase trades don't take place anonymously
  • Occasional bugs have caused issues on the system
  • Lower safety score vs established crypto brokers
  • Spreads are wider than low-cost brokers based on comparisons during key trading sessions, potentially eroding profits for day traders
  • The market research trails best-in-class brokers like IG with limited technical summaries or sentiment data
  • Customer support is fast based on tests of the live chat but the knowledge of agents is limited to basic queries
  • Despite improvements to its platform like trailing stops, the software still lacks features like signals and algo trading
  • The investment offering trails top brokers, especially with its limited selection of around 375 stocks
Awards
  • Best Forex Broker Australia – Forex Awards 2023
  • Best All-in-One Brokerage Solution – UFAWARDS 2023
  • Most Innovative Trading Platform Globe – Le Fonti Awards 2022
Instruments
Cryptos CFDs on Forex, Stocks, Indices, Commodities, ETFs, Crypto
Demo Account
No Yes
Minimum Deposit
$0 $250
Trading Platforms
  • AlgoTrader
  • Traderoom
Payment Methods
Minimum Trade
0.0001 XBT 0.01 Lots
Regulator
CBoI ASIC, CySEC, SCB
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Quadcode Markets offers 450+ CFDs on global markets including forex, stocks and commodities. Day traders can go long or short with leverage up to 1:30 . The broker’s platform stands out for its beginner-friendly design and sophisticated technical analysis features.
Leverage
1:30 (Retail) 1:500 (Pro)
FTSE Spread
2.2
GBPUSD Spread
1.3
Oil Spread
0.07
Stocks Spread
1.3
Forex Trading
Forex trading not offered Quadcode Markets offers an above-average selection of 63 currency pairs, with a full range of majors plus minors and exotics available to trade via CFDs. Spreads on the EUR/USD came in at 1.2 pips during testing, wider than cheapest forex brokers like CMC Markets.
GBPUSD Spread
1.3
EURUSD Spread
1.2
EURGBP Spread
1.3
Assets
63
Cryptocurrency
With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges. Quadcode Markets maintains its position as a good option for crypto traders with 26 digital currencies, paired with USD or USDT. You can speculate on less popular tokens like DOT and SAND as well as major assets like BTC and ETH. 1:2 leverage is available on cryptos.
Spread
BTC 0.1%, ETH 0.1% 130
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • FIL
  • WBTC
  • SHIB
  • BNB
  • BTC
  • ETH
  • OMG
  • DSH
  • ETC
  • BCH
  • ZEC
  • MATIC
  • ADA
  • APT
  • XRP
  • QTM
  • DOGE
  • AVA
  • SOL
  • BNB
  • TRX
  • ATOM
  • LTC
  • AXS
  • SAND
  • NEAR
  • DOT
  • LINK
  • MANA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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