Quantum AI Review for April 2024 – Is It Scam Or Legit?

Bitcoin trading robots are a type of algorithmic trading tool that can be used to navigate the markets in an automated way. Thanks to advancements in technology, new tools are regularly launched that each promise to be better than their predecessors.

Quantum AI is one of the latest bots that has been developed to help traders automate their trading. The tool uses advanced algorithmic technology to spot potential trades and execute them on behalf of users.

To understand whether Quantum AI offers what it claims, our team of experts spent time reviewing the automated trading tool. We analyzed the robot’s key features, pros and cons to determine if the tool is worth using in 2024.

Quantum AI Overview

What is Quantum AI?

Quantum AI is a powerful trading tool that utilizes algorithmic technology to trade the crypto markets. The robot can be used to trade in an automated manner by executing trades on behalf of users, without the need for intervention. The platform users powerful algorithmic mechanisms to spot potential trading opportunities and execute positions based on predetermined parameters.

The Quantum AI app facilitates CFD trading which means that traders do not own the underlying asset. This makes it possible for the tool to execute trades quickly throughout the day. As a CFD platform, Quantum AI is only available in a selection of countries. CFD crypto trading is not available to users in the US or Hong Kong.

Through our research, we found that the Quantum AI trading tool shares similarities with many other crypto trading robots. Traders can adjust the parameters if the tool to meet their desired outcomes and set stop-loss limits based on their own strategy. The platform also provides users with real-time price charts that can be used to conduct analysis alongside the trading robot.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How Does Quantum AI Work?

Quantum AI uses advanced technology to spot profitable trading opportunities and execute orders throughout the day.

The tool uses volume trading to maximize the number of opportunities that it takes each day and accumulates profit by making numerous small gains over time. The platform trades CFD instruments which means that traders do not own the underlying assets that are traded. These instruments allow the tool to enter and exit positions quickly so that it can take advantage of small price fluctuations.

Traders can use the bot to trade passively or to compliment their own day trading strategy. It is possible to set parameters and and dictate stop-loss/take-profit targets so that trades are placed according to your individual goals and strategy.

Quantum AI employs artificial intelligence and machine learning to trade cryptos effectively. The system focuses on using the two concepts to parse the market and analyze market trends in real-time. It determines the right entry and exit points based on the analysis.

It is stated on the website that Quantum AI works with regulated brokers who handle the execution and management of trades. However, we could not find exact details of the brokers allegedly involved during our review. Not all brokers are regulated and investors should proceed with caution due to the lack of information that is available.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Quantum AI Key Features

Below is a closer look at the key features of the Quantum AI trading platform. When reviewing the robot, we could not access many of the features that it claims to offer. Therefore, we have based our review on the experiences of others.

✔️ Automated trading

One of the standout features of the Quantum AI trading platform is the automated trading tool that can be used to trade passively throughout the day.

Users can choose to either completely automate their trading or to set their own parameters and use the tool to facilitate a pre-determined strategy. This makes it possible to trade around the clock, without any need for intervention.

Automated trading is supported by AI and ML technology. Trading signals are triggered when algorithms spot patterns within price charts that meet predetermined requirements.

✔️ Demo trading

Quantum AI offers a demo trading account that can be used to test out the robot before putting any money at risk.

Traders must deposit the minimum $250 to access demo trading however, the platform will not use the funds to place any live trades until the trader has switched from demo to live trading.

Demo trading accounts allow traders to practice in realistic market conditions. However, demo trading tools are based on historical data and past performance cannot be used to predict future results.

✔️ Risk management tools

According to other user reviews, Quantum AI provides traders with risk management tools that can be used to adjust the trading bot to meet your risk appetite. These tools include stop-loss and take-profit targets as well as lot size and trading volume.

What Assets Can Be Traded With Quantum AI?

Quantum AI can be used to trade cryptocurrency CFDs. We could not find a definitive list of the currencies that are available to trade through the platform however we discovered that Bitcoin, Bitcoin Cash and Ethereum are amongst the instruments that are available.

Cryptocurrency CFD trading is not available to US traders.

When trading CFDs, you do not own the underlying asset. Instead, these instruments are used to track the performance of the underlying asset so that they can be traded quickly. Traders can take long or short positions and trade with leverage to maximize their positions.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Quantum AI Fees

Quantum AI claims to charge low fees compared to other crypto trading robots. However, traders should be aware of hidden fees that may not be charged until the bot has started placing trades.

Here is an overview of the relevant fees that we came across during our review.

According to the table above, Quantum AI charges a commission of 0.01% on successful trades. That is a favorable advantage compared to many other platforms that charge fees like account inactivity and even transactions.

We could not find any information regarding whether or not fees are charged for unsuccessful trades. We also couldn’t find any information about potential withdrawal fees that may be charged when taking profits out of your trading account.

It is important to be aware of undisclosed fees that may appear during the trading process. As a result, traders should only deposit funds that they can afford to lose and should not use the platform if they are in a desperate financial situation.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Is Quantum AI Legit or a Scam?

It is difficult to determine this information due to the fact that our experiences are derived from using the demo trading account rather than live trading. Nevertheless, Quantum AI appears to be a legit platform that provides traders with the tools that they need to navigate the crypto trading market.

In addition, Quantum AI’s developers have also claimed that the platform can only be used through a regulated broker. If this is true, users may be protected by strict security protocols as well as insurance. However, we could not find any information about partner brokers when reviewing the platform.

Traders should keep in mind that the crypto market is risky. Therefore, you should approach this trading system – and the market in general – with the utmost caution.

Can You Lose Money With Quantum AI?

Yes, it is possible to lose money with any trading bot, including Quantum AI. While AI trading bots can provide some advantages, such as speed and the ability to analyze large amounts of data quickly, they are not foolproof and are still subject to market volatility and other risks.

The performance of the Quantum AI trading bot will depend on various factors, including the quality of the AI algorithms, the accuracy of the data inputs, and the trading strategy used. Poorly designed or malfunctioning algorithms, incorrect data inputs, or flawed trading strategies can lead to significant losses.

The cryptocurrency market is prone to volatility which means that it is impossible for trading tools to be 100% accurate. Market conditions can change at any moment, turning profitable strategies into unprofitable ones.

Quantum AI Customer Support

Several online Quantum AI reviews suggest that the platform has a dedicated customer service line that operates 24 hours a day, 7 days a week. In addition, there is a claim that they can be contacted via chat and email-although we cannot confirm this.

The customer service team cannot be accessed without signing up for the platform. Therefore, it is not possible to get help during the registration process which could be off-putting for some users.

Our Verdict

In this Quantum AI review, we have attempted to provide a balanced overview of the crypto trading bot to assist our readers in making informed decisions. After carefully reviewing the platform, we can conclude that Quantum AI is a legit automated trading system that can be used to place trades without intervention.

However, we could not find any evidence to support the claimed success rate or to verify whether or not the platform actually works. There is no guarantee that you will make any money by using Quantum AI in 2024.

If you do decide to use the bot, we recommend conducting your own research before depositing any fuds.

Your capital is at risk.

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