QRS Markets
⭐ 3.9 · Saint Vincent & the Grenadines
QRS Markets is a newer broker focused on Thai market needs — fast deposit/withdrawal via True Wallet and PromptPay, plus daily auto-credited rebates.
$8/lotSpread 0.2p1:500
Broker Comparison
QRS Markets vs XM
Side-by-side comparison of QRS Markets and XM on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.
Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
winner
XM
⭐ 4.4 · Limassol, Cyprus
XM is one of the largest forex brokers with 10+ million clients in 196 countries. Famous for its $30 No Deposit Bonus and free educational content for new traders.
$11/lotSpread 0.6p1:1000
Verdict
XM wins 8/13 categories — the better all-round choice.
QRS Markets: 1 · XM: 8 · tied: 4
| Field | QRS Markets | XM |
|---|---|---|
| Rebate per lot | $8 / lot | $11 / lot |
| Spread from | 0.2 pips | 0.6 pips |
| Execution speed | 100 ms | 65 ms |
| Max leverage | 1:500 | 1:1000 |
| Min deposit | $50 | $5 |
| User rating | 3.9 / 5 (320) | 4.4 / 5 (4,310) |
| Trust score | 6.80 / 10 | 8.50 / 10 |
| Execution type | STP | Market Execution / NDD |
| Liquidity providers | 5+ | 12+ |
| Regulators | VFSC (Vanuatu) | ASIC (AU) #443670 · CySEC (CY) #120/10 · IFSC (BZ) #000261/397 |
| Platforms | MT4 · MT5 | MT4 · MT5 · XM WebTrader · XM Mobile |
| Payout frequency | รายวัน | รายวัน |
| Withdrawal time | 24 ชม. | ภายใน 24 ชม. |
| Swap-free / Islamic | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| EA / algo allowed | ✓ | ✓ |
| Negative balance protection | ✓ | ✓ |
Strengths of QRS Markets
- Optimised for Thai traders
- Fast Thai-bank deposits
- Thai-language support
- Daily rebates
- Newer brand
- Limited regulatory footprint
Strengths of XM
- $30 No Deposit Bonus — start risk-free
- 10M+ clients, established brand
- Multiple regulators (CySEC, ASIC, FSC, DFSA)
- Strong Thai-language support
- Spread wider than ECN competitors
- Rebates paid monthly (not daily)