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.

Quadcode Markets Obtains Bahamas Trading License

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.

"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.

The company highlighted several key features of Quadcode Markets' trading platform , including stable connections, fast trade execution, multi-graph capabilities to monitor multiple markets simultaneously, advanced charting tools, real-time alerts and news updates.

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.

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 CySEC . This means that the broker holds the same license in Europe as IQ Option, which recently celebrated its tenth anniversary.

Quadcode Offers White Label Solutions

In the middle of this year, Finance Magnates conducted an interview with Evgeny Tychenko, the CEO of Quadcode Markets in Australia, asking about the future of the brokerage industry.

"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.

Moreover, Quadcode offers a SaaS white-label platform that allows other brokers to start their business from scratch, using technological solutions that have already been prepared and implemented.

"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.