Quadcode Markets Secures Bahamas License for Global Trading Expansion, ensuring confident global trading for users worldwide.
Quadcode Markets Secures Bahamas License for Global Trading Expansion, ensuring confident global trading for users worldwide.
Quadcode Markets secures a new trading license in the Bahamas, as disclosed in an official press release today. This development comes as an addition to the company’s existing permits in Australia and Europe, where it operates as Quadcode under IQ Option, a CySEC-licensed entity.
The Bahamas license marks a significant milestone for Quadcode Markets, founded in 2021, enabling the firm to diversify its financial instruments and services. Specializing in foreign exchange, commodities, stock indices, and cryptocurrencies through CFDs, the company aims to enhance its clients’ trading experience.
A representative from Quadcode Markets expressed enthusiasm about the achievement, stating, “We are thrilled to announce our Bahamas trading license, which represents a significant step towards offering our clients an even better trading experience.”
The trading platform emphasizes several key features, including stable connections, fast trade execution, multi-graph capabilities, advanced charting tools, and real-time alerts and news updates.
This licensing advancement facilitates Quadcode Markets’ global expansion, ensuring adherence to strict compliance and security standards to safeguard its users. The company operates as High Tech Invest Ltd in the Bahamas, authorized and regulated by the Securities Commission of the Bahamas under license number SIA-F219.
In Australia, Quad Code AU Ltd oversees brokerage operations, holding a license from ASIC, while in Europe, the company operates as Quadcode under IQ Option Europe Limited, regulated by CySEC. The latter, IQ Option, recently celebrated its tenth anniversary.
In a recent interview with Finance Magnates, Quadcode Markets’ CEO, Evgeny Tychenko, outlined the company’s vision for the future of the brokerage industry. Tychenko discussed the development of trading software in the early 2010s, emphasizing a focus on “slower” but less risky trading to ensure more stable profits.
Furthermore, Quadcode offers a Software as a Service (SaaS) white-label platform, allowing other brokers to establish their businesses using pre-prepared and implemented technological solutions. Company representatives explained that clients gain access to the trade room and back office while Quadcode manages infrastructure, support, billing, and security aspects on their behalf.
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