IQ Option's Quadcode Secures FX/CFD Trading License in Bahamas
<p>The Online trading platform, Quadcode Markets has acquired a new
trading license in the Bahamas, the company announced in a press release today (Monday). For the FX/CFD broker, this is another authorization following those obtained in Australia from ASIC and in Cyprus from CySEC. In the case of the Cypriot market, Quadcode is part of IQ Option, a popular brokerage brand in Europe.</p><p>Quadcode Markets Obtains Bahamas Trading License</p><p>The Bahamas license will allow Quadcode Markets, founded in
2021, to offer an expanded range of financial instruments and services to its
clients. Quadcode Markets specializes in trading foreign exchange, commodities,
stock indices, and cryptocurrencies through CFDs.</p><p>"We are thrilled to announce our Bahamas trading
license, which represents a significant step towards offering our clients an
even better trading experience," said a Quadcode Markets representative.</p><p>The company highlighted several key features of
Quadcode Markets' <a href="https://www.financemagnates.com/terms/t/trading-platform/">trading platform</a>, including stable connections, fast trade
execution, multi-graph capabilities to monitor multiple markets simultaneously,
advanced charting tools, real-time alerts and news updates.</p><p>The Bahamas license enables Quadcode Markets to expand its
services globally while meeting strict compliance and security standards to
protect its users. It marks a major milestone for the trading platform as it
aims to serve clients across international markets.</p><p>Quadcode Markets is the trade name of High Tech Invest Ltd,
which is authorized and regulated in the Bahamas by the Securities Commission
of the Bahamas under license number SIA-F219. In Australia, the brokerage operations are handled by Quad Code AU Ltd, licensed by ASIC, while in Europe, IQOption Europe Limited is regulated by <a href="https://www.financemagnates.com/terms/c/cysec/">CySEC</a>. This means that the broker holds the same license in Europe as <a href="https://www.financemagnates.com/tag/iq-option/" target="_blank" rel="follow">IQ Option</a>, which recently celebrated its tenth anniversary.</p><p>Quadcode Offers White
Label Solutions</p><p>In the
middle of this year, <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a> conducted an interview with Evgeny
Tychenko, the CEO of Quadcode Markets in Australia, <a href="https://www.financemagnates.com/thought-leadership/broking-fintech-and-doomsday-clocks-interview-with-quadcode-markets-evgeny-tychenko/" target="_blank" rel="follow">asking about the future of
the brokerage industry</a>.</p><p>"We
developed software for trading back in the early 2010s and it looked more
modern than MetaTrader," the CEO commented. He added that his company
wants to introduce products that focus on "slower" but less risky
trading, guaranteeing more stable profits.</p><p>Moreover,
Quadcode <a href="https://www.financemagnates.com/thought-leadership/how-to-increase-mobile-traders-ltv-with-quadcodes-white-label-brokerage/" target="_blank" rel="follow">offers a SaaS white-label platform</a> that allows other brokers to start
their business from scratch, using technological solutions that have already
been prepared and implemented. </p><p>"The
client gets access to the traderoom and back office, while Quadcode handles all
the infrastructure, support, billing, and security aspects on behalf of the
client," the company representatives claimed.</p>
This article was written by Damian Chmiel at www.financemagnates.com.
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