Quantum AI Review 2023 | Is the App Legit…
What is Quantum AI?
Quantum AI is a crypto trading robot that uses powerful computer algorithms and advanced technology to place trades. You can use the robot to place trades on your behalf or use it to create your online trading system.
Quantum AI claims to have created a trading system that finds successful trading signals at an accuracy rate of 98.9%. However, our analysis indicates that these results are too good to be true. Crypto markets are volatile and it is nearly impossible to achieve that high an accuracy rate. While the Quantum AI Bitcoin bot does scan the market in real-time, 24 hours a day, and places trades for you, it is unlikely to get it right every time.
In addition to its automated system, the Quantum AI robot also offers a manual option to those who are familiar with cryptocurrency trading already. Investors can trade by setting their own trading instructions for the Bitcoin robot to follow. By setting the robot up this way, traders can ensure they never miss an opportunity as the market fluctuates.
Quantum AI summary
|Supported cryptocurrencies||BTC, ETH, LTC, XRP, EOS, DASH, XMR|
|Withdrawal speed||24-48 hours|
|Leverage available||Yes, 1000:1|
About the Quantum AI platform
How does Quantum AI work?
Quantum AI works by sending crypto trading signals to regulated brokers through an API. It uses artificial intelligence to devise a trading strategy that suggests when to buy and sell different crypto assets. You set the trading parameters and then the Quantum AI robot uses them to make trades on your behalf.
The Quantum AI robot is so named because it uses quantum computing to power its real-time crypto market research. Quantum computing means using an extremely powerful form of a computer processor to run algorithms that are too complex for normal machines.
By using machine learning, advanced algorithms, and quantum computing the Quantum AI software can offer a complex trading system that’s ideal for beginners and advanced traders alike. Even if you have no experience in the stock market or trading cryptocurrencies, you can start trading by filling out a registration form and making a small initial investment.
What assets and products can be traded on Quantum AI?
The Quantum AI trading platform offers trading signals on these cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- EOS (EOS)
- Dash (DASH)
- Monero (XMR)
- Bitcoin Cash (BCH)
How much does Quantum AI cost to use?
It is free to sign up and create an account, although the Quantum AI bot places cryptocurrency trades through a broker rather than on its own auto trading platform. The broker may charge its own trading fees that you have to pay to place a trade. Our research shows you may pay commissions on each trade you take at a rate of 2%.
What are the payment methods accepted by Quantum AI?
To access the Quantum AI Bitcoin robot, you must make a minimum deposit of $250 with one of its partner cryptocurrency exchanges. Most crypto brokers offer the methods of credit or debit cards like Visa, wire transfer, and e-wallets like Skrill, Neteller, and Webmoney for deposits. Here’s a full list of payment methods accepted by the trading bot.
- Bank transfer
- Credit card
- Debit card
Is there a Quantum AI app for both mobile and laptop computers?
Yes. The Quantum AI mobile app is available to download on Apple and Android devices, or you can trade from your desktop or laptop device. The Quantum AI trading software is available through a web browser on your smartphone if you don’t want to download the app. Below is a list of devices you can use the Quantum AI trading software on.
- Desktop computer
- iOS devices
- Android devices
Quantum AI key features
Quantum AI comes with many features that make it unique and help users understand the potential of the crypto robot. Below are some of the key features offered by Quantum AI.
You can use the Quantum AI trading robot on a demo account. This means you can test its features and adjust its settings while practising with virtual funds. The cryptocurrency market is known for volatility, so you should practice on demo before moving to real trading.
Go long and short
Quantum AI has been developed to allow long and short positions. Going long means you buy a cryptocurrency, while going short means you sell a coin. The ability to go both long and short markets means you can profit in both rising and falling environments, which is particularly important in the crypto space, where prices often move up and down.
Use CySEC-licensed brokers
The cryptocurrency trading system partners with many brokers licenced and regulated by CySEC. This is one of the top regulators in Europe, meaning you’ll be trading on platforms that are considered safe. CySEC-regulated brokers also offer compensation schemes, so you will be covered up to a certain amount if your broker goes bust.
Other markets, including forex trading
One of Quantum AI’s biggest features is its ability to work on various markets. You can use the Quantum AI trading robot on cryptocurrency, forex, and CFDs. This means you will always have opportunities in trading forex and stock trading so you can diversify or switch markets whenever you want.
Which brokers can I use with Quantum AI?
Our research found that some brokers partnered with the Quantum AI trading system includes Onorio Trade and 24Option. The Quantum AI trading app claims that it also integrates with prominent cryptocurrency exchanges like Binance and Coinbase to offer Bitcoin trading, but we have been unable to verify this.
Can I trade assets with leverage?
Yes, the Quantum AI trading robot allows you to trade with leverage. You can use Quantum AI to do this because the brokers it partners with work by trading CFDs rather than individual coins. Trading with CFDs means you don’t own the underlying asset, but you can trade an amount greater than your current capital. The Quantum AI trading platform offers leverage of 1000:1 for cryptocurrency assets like Ethereum.
We do not recommend that beginners trade with leverage. Making highly leveraged trades can potentially lose money very quickly if you can’t keep up with the margin (deposit) requirements set by a broker, and market prices can change rapidly. Even the smallest change can wipe you out if you use leverage, particularly if you don’t set stop-loss orders or aren’t able to monitor the market in real-time.
Can I open long and short positions with Quantum AI?
Yes. You can open long and short positions with the Quantum AI trading platform. Being able to bet on a price to fall means that you can make money during bear (falling or depressed) markets and when crypto prices rise.
A long position in crypto trading refers to a trader wagering that the price of an asset will move upwards, while a short position refers to a trader wagering that the price of an asset will fall.
How do I get paid? What about payouts?
Your payouts are directly withdrawn into your bank account. To request a payout, the user submits a withdrawal request from the trading dashboard. The amount gets credited into your bank account. From our research into Quantum AI reviews online, we found that there are no limits to withdrawals and you can request a withdrawal daily as well.
What is Quantum AI’s customer service like?
Quantum AI’s customer support is available 24 hours a day, 7 days a week. You can contact them via live chat, phone, and email. This is standard practice for most trading robots, but you should be wary of accepting any investment advice from your Quantum AI customer support rep.
Safety and security
Is Quantum AI safe to use?
Yes, Quantum AI offers high levels of security and claims to use features such as SSL encryption and well-known anti-virus and anti-phishing security services. Quantum AI also partners with regulated brokers who have financial safeguards in place to protect traders. Its algorithm, AI, and quantum computing technology also appear to be safe.
Is Quantum AI regulated?
Quantum AI itself is not regulated. It’s a cryptocurrency trading robot which you can download from its website. The software does not store any of your money, rather it takes trades automatically and places them on its partner broker platforms.
The partner cryptocurrency brokers and exchanges it uses are regulated by CySEC. This means when you deposit funds with these platforms, your money is kept secure and the level of protection depends on the local authority and also your location.
Is my money protected on Quantum AI?
As just mentioned, you do not deposit any funds with the Quantium AI automated trading robot. Rather you deposit funds with its partner brokers. Many of the brokers it is partnered with are regulated by CySEC. This is one of Europe’s largest regulatory bodies and also offers compensation schemes to traders falling within its authority.
Who owns Quantum AI?
While our experts were investigating and researching Quantum AI, we could not find any details or information on its owners. There have been some reports online suggesting Elon Musk founded Quantum AI, however, our research uncovered these rumours to be untrue.
While the website does not provide specific information or names, our research did find the owners of the Quantum AI automated trading app are a group of cryptocurrency traders and software developers with many years of experience, especially in quantum computing. It is common for trading software developers to remain anonymous, especially in the crypto space where privacy is an important factor.
What is the registration and verification process?
You can sign with Quantium AI very quickly and the whole process takes just a few minutes. You will need to provide your basic contact information including your name and email address before you can access the trading software. You can follow the instructions in the guide below to create your Quantium AI account and start trading with the robot.
How to start trading with Quantum AI
Step 1. Create an account with Quantum AI
Enter your name, phone number, and email address. As soon as you pass this registration phase you can click through to complete the set-up of your Quantum AI trading account and start your trading journey.
Step 2. Make a minimum deposit of $250
The Quantum AI software has a minimum deposit of $250, which you must put into your broker account before you receive any of the trading guidance, or any crypto trading signals. You can use a range of deposit methods when adding funds to your trading account, including bank transfers, credit or debit cards, and third-party payment apps like Paypal.
Step 3. Set up your Quantum AI trading system
When your trading account is fully funded it’s time to set up the trading robot. You will have lots of settings you can change, including the number of coins you want to trade. It’s a good idea to select a few different options, this way you can spread your risk across multiple cryptocurrencies. You can also set it for trading forex and to trade stocks.
Step 4. Adjust risk management settings
To keep the trading robot as safe as possible you will need to make adjustments to the risk parameters you use. If you want to gamble then keep its risk settings high, although we recommended you keep them low and you can increase them as the robot starts making profits.
Step 5. Start investing with Quantum AI
Now you’re all set to use the Quantum AI Bitcoin robot to trade cryptocurrencies, along with stocks, forex, commodities, and any other CFD you might be interested in auto trading. Before you start risking live funds, you should consider using the trading robot on a demo account, so that you are able to test out its features without risking any of your own money.
Has Quantum AI been recommended by celebrities or appeared on TV?
In the course of our research into the Quantum AI automated trading system, we came across multiple claims that suggested leading personalities have endorsed or are associated with the it. However, we have subsequently found that no celebrity or mass media outlet has mentioned Quantum AI or invested any money into it.
No evidence exists that Elon Musk has ever endorsed Quantum AI. Here are some fact-checks regarding notable celebrities that have been connected to Quantum AI:
Is it true Elon Musk endorsed Quantum AI?
No, Elon Musk did not create Quantum AI. There is no sign that Elon Musk has ever spoken about the Quantum AI robot or endorsed it in any way. The Quantum AI app itself debunks these claims, along with claims that Musk has endorsed the platform on news websites like the Guardian.
Fact check: False. Looking into the rumours, there is no evidence that Elon Musk is associated with Quantum AI.
Is it true that Gordon Ramsey uses the Quantum AI website?
Gordan Ramsey has never used or endorsed the Quantum AI trading software. This is another claim that is plainly debunked on the Quantum AI website. Ramsey has never spoken about or promoted Quantum AI in any way.
Fact check: False. We have found no evidence that Gordan Ramsey is associated with Quantum AI.
Has Karl Stefanovic recommended Quantum AI?
Many websites have made claims that Karl Stefanovic is associated in some way with the Quantum AI automatic trading bot. Karl Stefanovic is an Australian television presenter who took up a position with TVNZ as a reporter for One Network News in New Zealand.
Fact check: False. Despite the claims, Karl Stefanovic has never endorsed Quantum AI or any other trading system.
Is there a Quantum AI alternative?
If you’re not convinced by the Quantum AI automated trading system but still want to use automated software to and quantum computing to make trades for you then you have lots of options available. There is a handful of top-performing trading robots and below we have linked some of the best ones.
- Oil Profit takes a different approach to standard crypto trading and focuses on commodities instead. It particularly trades the oil market’s ups and downs.
- Immediate Edge is one of the most popular cryptocurrency trading robots and finds opportunities in the whole crypto market.
- BitIQ is a top choice if you want to trade smaller altcoins which are often more volatile but provide bigger moves. Although big moves don’t always result in profit
- Ethereum Code is one of the few crypto trading robots that trade coins operating on the Ethereum blockchain and particularly ETH.
- Bit Index AI uses artificial intelligence to identify profitable trading opportunities and send them to partner broker platforms automatically.
Our top robot trading tips for beginners
- Familiarise yourself with trading. It is necessary to understand the space of trading before deciding to invest. An expert can use this as a tool to fine-tune their trading strategy, but just because the service is automated, it doesn’t mean you should use it with no knowledge.
- Understand cryptocurrency space. If you are a beginner, make sure that you understand the basics of how to conduct crypto trading before choosing to use any robot. With Quantum AI you can indulge in Bitcoin trading and use the software to set your own trading parameters. But you need to understand how it all works first.
- Practice with a demo account. The Quantum AI Bitcoin robot has a demo trading feature. This gives you a chance to familiarise yourself with trading robots and how they work without risking your money.
- Start small and build gradually. It is advisable to start investing in small amounts, take out a certain percentage of profit, and gradually build your portfolio over time rather than looking for quick wins.
- Only invest what you can afford to lose There’s no guaranteed trading strategy and there is some risk to using automated trading platforms. Don’t invest all of your money into a crypto trading bot as it can lead to you losing money.
Our final verdict on Quantum AI
Quantum AI offers automatic trading services that help you trade the crypto markets. It’s simple to set up and start your trading journey, and the Bitcoin robot requires very little of your time to maintain.
Crypto trading signals can be a useful way to speed up the research process and get trade ideas without spending lots of time studying the markets in real-time. In that respect, the Quantum AI trading bot could offer something useful with a trading system based on advanced quantum computing and artificial intelligence.
You can use Quantum AI to trade Bitcoin, Ethereum, and other leading cryptocurrencies. Or you can use it for stock trading and forex trading. The trading platform certainly adds value as part of a wider trading strategy. However, there are reasons to be sceptical about the automated bot. For instance, the official website is large on detail about Ethereum, Bitcoin, and blockchains but low on information about how the Quantum AI app works.
It pays to be cautious with Bitcoin robots like Quantum AI. Start slow and only invest more as you get proof of the platform’s work, and treat any claims of instant riches with scepticism.
Methodology: how we scored this Quantum AI review
We follow the same process when reviewing a cryptocurrency trading robot. We first create an account and make an initial deposit. We then adjust settings and set up the software before allowing it to automatically make trades.
For our Quantum AI review, we also researched other online reviews from users of the trading software. We also contacted its customer support functions using live chat and email.
Following our research and analysis, we used the information we had gathered to provide our final verdict. Our review is independent and unbiased; no platform or software can influence our rating. However, we may, on occasion, earn a commission if you sign up using any of the links on this page. YOu can view more information about this on our how we make money page.
Is Quantum AI legit or not?
Quantum AI helps users to automate their trades in crypto markets, but you should not rely on all the statements proclaimed on the Quantum AI website.
Additionally, it uses misleading marketing techniques to promote its services. For instance, it claims figures like Gordon Ramsey and Elon Musk use Quantum AI, which is not true.
How do I join Quantum AI?
Can I withdraw cryptocurrency from Quantum AI?
No. The process of withdrawals is not carried out from Quantum AI, but from the brokers it partners with – who offer margin trading using CFD instruments. With CFDs, you do not hold the actual asset, rather you hold a contract that tracks price movements of that asset. This means you’re training on the value of cryptocurrencies rather than the coins themselves, and all withdrawals occur in fiat currency.
Is Quantum AI an MLM or Affiliate scam?
Quantum AI helps you automate your trading in financial markets, but it uses misleading methods to endorse its product. Beware of statements claiming to make you a millionaire simply by using its services. The platform also lacks information about teh team that founded it.
Does Quantum AI really work as described?
Quantum AI does offer automated crypto trading, but you cannot generate thousands of dollars within a small time span through this trading robot. It also does not have a success rate of 98.9% as stated on its website.
How much does it cost to use Quantum AI?
According to its official website, there are no fees or charges for using Quantum AI’s services. However, this may not entirely be true when one considers the possible broker fees. You may have to pay a percentage of your trading fee to the broker’s platform depending on the trades you’re making.
How do I delete my Quantum AI account?
In order to delete your Quantum AI account, you need to submit a request to both the broker’s and the trading robot’s platform. Before deleting, you first need to withdraw your money into your bank account. Once the funds have been deposited in your bank account, you can place a request to delete your account through the platforms’ customer service channels.
Who owns Quantum AI?
It is unclear. The official website does not provide any details on Quantum AI’s founders. While conducting our research, we found that there are numerous different theories on its founder. However, these are speculative and there is no information pertaining to the team behind Quantum AI.
Sources & references
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >