BanklessTimes
Home Robot Review Hub Quantum AI Review 2024

Quantum AI Review 2024

Staff Writer
Staff Writer
September 24th, 2024

Quantum AI is a popular crypto robot that has attracted the attention of investors in 2024. The platform promises to help traders to elevate their trading game with the help of powerful artificial intelligence. But, is the platform as good as it seems? 

We conducted a thorough Quantum AI review to determine whether or not the trading bot is worth using in 2024. We carefully assessed the platform’s offerings and used user testimonials to understand the legitimacy of Quantum AI.

This review is based on our assessment of user testimonials, other review sites and the platform’s official website. Your experience with the trading platform may differ.

Quantum AI Review Summary 

  • Quantum AI is a legitimate trading robot that facilitates passive CFD trading. 
  • The trading tool uses algorithmic data and pattern recognition to identify trading opportunities and place trades automatically. 
  • We were particularly impressed by the platform’s low fees, high-leverage trading options and charting software. 
  • The platform is connected to third-party brokerages that manage accounts. This seems to have caused some confusion amongst users, leading to negative reviews online. 
  • The main drawback that we found is the high minimum deposit of $250. Traders are also limited to CFDs. 

Quantum AI appears to be best suited for advanced traders who are looking to implement short-term trading strategies. The platform is designed to help users profit from short-term price fluctuations. 

We could not find any reason to believe that the platform is a scam however, long-term investors may want to consider other options such as reputable crypto exchanges

What is Quantum AI Trading?

The Quantum AI Trading app is a trading robot designed to simplify CFD trading, making it accessible even if you don’t have any prior trading experience. 

You can choose to either let the bot do everything for you or adjust the trading parameters to suit your strategy. Whichever option you choose, it is possible to evaluate and alter as you go along. 

Quantum AI is available in countries where crypto CFD trading is legal. This excludes the USA and Hong Kong. 

According to the website, the bot has a 90% win rate which is pretty impressive! However, this hasn’t been backed up by any evidence. It’’s essential to remember that trading bots come with inherent risks and there’s no guaranteed profit

Although automation makes the platform very easy to use, it does mean that you have less control over your trades. 

Trading with Quantum AI might sound exciting. But, just like with any trading bot, you’ve got to keep things balanced

Sure, the idea of automated profits sounds appealing, but it’s really important to keep an eye on your trades and be aware of the risks. Don’t leave everything to the AI. 

The platform has a user-friendly interface, which makes it a breeze to set up and start trading quickly. But don’t get too comfy—setting your trading parameters right is key to avoiding potential losses.

Quantum AI trading platform Overview

🤖 Robot Type:

Trading Robot

💸 Minimum Deposit:

$250

🚀 Claimed Win Rate:

90%

💰 Trading Fees:

Small commission on profits

💰 Account Fees:

$0

💰 Deposit/Withdrawal Fees:

$0

💰 Software cost:

$0

⌛ Withdrawal Timeframe:

24 Hours

💲 Supported Fiats:

USD, EUR, GBP

💱 Trading Forex

Unavailable

📊 Leverage:

5000:1

📱 Native Mobile App:

No

🖥️ Free Demo Account:

Yes

🎧 Customer Support:

Contact form, Email, Phone

✅ Verification required:

KYC

🔁 Automated Trading:

Yes

📈 CFD Available

Yes

What does Quantum AI Do?

At its core, Quantum AI uses trained algorithms to implement complex CFD trading strategies on your behalf. 

With the app, it is possible to take advantage of complex trading strategies without needing to constantly monitor your positions. 

You can set your parameters, tweak your stop-loss limits, and let the algorithm handle the trades. 

The platform is designed for knowledgeable traders who are comfortable with complex, high-risk strategies but do not have time to conduct thorough analyses each day. 

By harnessing the power of AI and quantum computing, Quantum AI aims to give you a smooth trading experience that’s both efficient and potentially profitable.

The app is designed to cater to both beginners and seasoned traders. Beginners can benefit from the automated trading features, which require minimal input once initial parameters are set. 

For more experienced traders, the app offers the flexibility to customize trading strategies and fine-tune parameters to suit individual trading styles. This blend of automation and customization makes Quantum AI a versatile option.

Once you have created an account, you can adjust settings and monitor performance in real-time. This provides a sense of control and transparency.

This can be particularly reassuring if you are new to the world of automated trading, as it allows for a hands-on approach while still reaping the benefits of automated systems.

Who Owns Quantum AI?

According to the website, Quantum AI was created by a team of seasoned professionals who want to enhance online trading performance. 

This team consists of experienced traders and software developers who continuously analyze the market to keep the robot updated. 

However, the creators remain anonymous, making it difficult to verify their credentials. 

Despite the anonymity, the team behind Quantum AI is said to have a deep understanding of both trading and technology, ensuring that the platform remains cutting-edge.

The development team appears to have a commitment to innovation, integrating advanced technologies like AI and quantum computing. It is clear that the people behind Quantum AI know their stuff! 

Even though the identities of the creators are not disclosed, their combined expertise in trading and software development is reflected in the platform’s design and functionality. 

This blend of skills is crucial for creating a trading robot that can navigate complex market conditions and deliver consistent performance. 

Of course, you should always approach platforms with unknown teams with caution. However, we believe that the anonymous nature of the developers does not detract from the platform’s potential benefits.

How Does Quantum AI work?

Simply put, Quantum AI uses quantum computing to process multiple signals simultaneously. This allows the software to watch numerous assets at one time and spot potential opportunities as soon as they occur. 

By utilizing quantum computing, Quantum AI aims to outperform traditional trading algorithms, offering users a competitive edge in the market.

The platform’s AI algorithms are designed to learn and adapt from market data, continuously improving their accuracy and efficiency. 

This adaptive learning process helps the trading robot stay ahead of market trends and make informed trading decisions. 

The combination of quantum computing and AI ensures that Quantum AI can handle complex trading scenarios with ease, providing users with a powerful tool for automated trading.

Quantum AI’s ability to process multiple signals simultaneously reduces the risk of missing out on profitable trades. This is particularly useful in volatile markets, where timely decisions can significantly impact trading outcomes. 

Quantum AI is partnered with several reputable brokerages that manage your account. The brokers handle your money and use the Quantum AI Trading technology to implement your desired trading strategy. 

What Are The Key Features of Quantum AI?

As part of this Quantum AI review, we spent time assessing the main features of the platform. We used a mixture of our own experience and the experiences of others. Here’s what we found.

User Interface:

We found the user interface to be seamless and relatively easy to navigate – even for beginners. 

The tool offers a well-organized dashboard and it is easy to find the products and information that you need. 

Key data and tools are right there, easy to find without any fuss. The intuitive design cuts down the learning curve substantially. 

We didn’t have to waste hours figuring out how to use the platform. Instead, it is possible to jump straight into learning and trading. 

The simple design makes Quantum AI stand out from other algorithmic trading tools which have a reputation for being complex.

Educational Resources:

The importance of educational resources is often overlooked. However, having great educational tools can be a huge help if you ever run into any trouble with your trading. 

Quantum AI offers a wide range of training materials that suit both beginners and experienced traders. 

When we were starting out, the detailed tutorials and step-by-step guides were incredibly helpful. 

The platform’s educational library is rich with resources, including webinars and video content. These materials cover everything from basic investment principles to advanced trading strategies. 

We liked the interactive quizzes which helped me to memorise what we had learned and apply it to real-life trading scenarios. 

The variety of educational resources is notably better than other Bitcoin robots that we have tested. 

User Control:

Unlike some platforms which attempt to control your trading entirely, Quantum AI provides a range of tools that can be used to make informed trading decisions of your own. 

The platform allowed me to customize my learning path by selecting specific courses and resources that match my interests and skill levels. 

There are also simulation tools available, which let me practice trading in a risk-free environment. This is particularly useful for new traders who should spend time testing the platform before putting any money on the line. 

Again, the option to control certain aspects of the trading makes Quantum AI stand out from other bots that we have tested. 

Customer Support:

The customer support team at Quantum AI is reliable and friendly. They are available 24/7, which means that you can get help around the clock.

However,we did notice that the website lacks clear information on how to contact the support team beyond a contact form. 

Some other Bitcoin CFD brokers offer live chat options, which might be beneficial for solving problems in real time. This is something to consider before you sign up.

Security Features:

After reviewing the website, it seems like security is a top priority for Quantum AI. 

The platform uses robust encryption and two-factor authentication to protect transactions and user assets. These measures provide a layer of protection for personal information and funds. 

Quantum AI also conducts regular security audits and updates to address potential vulnerabilities.  

Our Quantum AI Rating

Overall, we were impressed with Quantum AI. It stood out from other day trading platforms due to its user-friendly interface, educational resources, customer support, user control, and security features.

We were particularly impressed with the trading simulator tool which is a great way to get to know the platform before putting any real money at risk. 

Although our experience with Quantum AI was positive, it is important to be aware that your own experience may differ. Beginners may find some of the features a little complex at first. It is important to spend time understanding how the platform works before you start trading.

How to Use Quantum AI in 2024

Many traders are unsure how to begin with Quantum AI. The process of signing up is slightly different to a regular cryptocurrency trading platform. 

Here’s a brief overview to get you started:

  1. Go to the Quantum AI website, fill in the registration form, and verify your details.
  2. Complete the account verification call with a third-party broker.
  3. Once your account has been verified, log in.
  4. Deposit Funds and choose your preferred trading asset.
  5. Customize your Quantum AI parameters and start trading.

The process is designed to be straightforward, allowing users to set up their accounts and begin trading with minimal hassle. 

However, you should expect to be contacted by brokerages after signing up to the platform. Once you have verified your account with a partner broker, you will be able to access the trading platform. 

Once registered, you can explore the platform’s features and familiarize yourself with the various tools available. The verification process ensures that your account is secure, providing peace of mind when trading.

After logging in, you can deposit funds using one of the supported payment methods. The platform accepts major fiat currencies, making it accessible to traders worldwide. 

You will not be able to customize the trading parameters until you have deposited funds. Quantum AI’s user-friendly interface makes it easy to adjust settings and monitor performance in real-time.

Quantum AI Markets, Assets, And Options

What Assets And Products Can You Trade Using Quantum AI?

Quantum AI offers a range of CFD assets, allowing you to trade various assets according to your strategy. 

Remember, you’re trading contracts, not owning the coins themselves. 

CFD trading provides flexibility and allows you to diversify your portfolio without directly holding the underlying assets.

The platform supports multiple asset classes, including cryptocurrencies. The website does not provide a list of all currencies that are available however, we can assume that the trading platform supports altcoins with strong liquidity. 

What Leverage Trading Options Are There?

The website doesn’t provide specific details on margin or leveraged trading. 

Generally, trading robots offer high-leverage trading services. Leveraged trading involves borrowing money from brokers to place larger trades, which can amplify profits but also increase losses. 

It’s advisable only for experienced traders who can afford the risks.

Although we could not find information on the website, other reviews claim that Quantum AI offers leverage up to 5000:1.

Do you want to know more about leveraged trading? Take a look at our guides:

What Are The Spreads?

Details about spreads are not available on the official Quantum AI Trading website. 

Partnered brokers have their own spreads, which fluctuate with asset prices.It is a good idea to ask your broker about the spread that they charge before depositing any funds. 

Spreads represent the difference between the buying and selling price of an asset and can impact trading costs and profitability.

Fees, Limits, And Payment Options On Quantum AI

How Much Does Quantum AI Trading Platform Cost?

A $250 deposit is required to access Quantum AI’s live trading features. This deposit is used for CFD asset trading on your behalf. There are no monthly subscription charges and you can also test the robot through its demo account

Be cautious of platforms that require upfront payments before you can explore their features.

Quantum AI also charges a small commission on profits earned through trading. This means that you are only charged if you see returns on your investment.

Since deposits are mandatory, it’s crucial to budget and assess if Quantum AI meets your trading needs before you go ahead and deposit funds. 

The initial deposit is used to fund trading, with Quantum AI leveraging these funds to execute trades on your behalf. 

There are no monthly fees involved with using Quantum AI. 

💸 Minimum Deposit:

$250

💰 Trading Fees:

Small commission on profits

💰 Account Fees:

Zero

💰 Deposit/Withdrawal Fees:

Zero

💰 Software cost:

zero

💰 Subscription cost:

Zero

What Are The Payment Methods Accepted By Quantum AI?

Quantum AI trading software accepts these payment methods:

  • Credit card
  • Debit card
  • Bank transfer

E-wallets like PayPal or Venmo are not accepted. 

Withdrawal times may vary based on the payment method. 

Quantum AI Trade Sizes And Limits

The minimum deposit is $250, with no maximum trading limit

The minimum deposit is fairly high compared to some online brokerages. However, this is necessary to implement fast-paced day trading strategies. The trading bot often opens multiple trades at the same time which means that you must have sufficient funds in your account. 

Once you have signed up to the platform, you can adjust the size of trades that are placed based on your risk appetite. 

For new traders, Quantum AI offers a demo account which is a significant advantage. You can use the demo account to familiarize yourself with the platform before putting any real funds at risk.

Security

Is Quantum AI Legit?

The legitimacy of Quantum AI is challenging to verify, unlike established platforms such as Kraken and eToro. Trading bots are risky and can lead to lost funds. Testimonials on Quantum AI are questionable, and claims of endorsements by figures like Elon Musk are false, even if it is often referred to as “The Elon Musk Trading App”.

Despite these concerns, Quantum AI aims to provide a reliable and efficient trading platform. The use of advanced technologies like AI and quantum computing demonstrates the platform’s commitment to innovation. However, users should approach with caution and conduct thorough research before investing.

Is Quantum AI a Scam?

Quantum AI’s advanced algorithms and trading strategies are designed to provide a competitive edge in the market. However, the presence of fraudulent claims and unverified endorsements raises concerns about its legitimacy. Users should exercise caution and thoroughly investigate the platform before committing funds.

Many believe Quantum AI is a scam due to numerous fraudulent trading claims on social media. These claims lack independent verification. However, the platform’s advanced features and innovative approach suggest that it has potential. Users should be aware of the risks and make informed decisions.

How to Delete a Quantum AI Account?

To delete your Quantum AI account, contact customer service for guidance or use the settings menu. Alternatively, delete the account through the connected broker, which will also erase all associated data. This process ensures that users can close their accounts securely and remove their information from the platform.

Before deleting an account, users should ensure that all funds have been withdrawn and any pending transactions are completed. The account deletion process is straightforward, providing users with the flexibility to manage their accounts and data. It’s important to follow the proper procedures to ensure that your information is securely removed from the platform.

How to Withdraw Money From Quantum AI?

  1. Visit the broker associated with Quantum AI and log into your trading account.

  2. You will find your wallet and select a preferred payment method based on those allowed by the broker.

  3. Choose the amount of money you wish to withdraw.

  4. Click withdraw, and the broker will transfer the funds to your preferred account within 24 hours.

The withdrawal process is designed to be quick and efficient, allowing users to access their funds with minimal delay. By choosing a preferred payment method, users can ensure that withdrawals are processed smoothly and securely. The platform’s partnership with reputable brokers ensures that funds are managed and transferred efficiently.

Quantum AI Review: Final Verdict

Based on our experience, Quantum AI appears to be a legitimate trading platform, functioning similarly to other automated crypto trading platforms.

Quantum AI Trading’s advanced features and innovative approach make it a promising option for automated trading. However, all cryptocurrency trading carries risks, and users could lose their investment. It’s advisable to use regulated brokers or platforms, which offer better security and support.

FAQs

Is Quantum AI Easy to Use?

The Quantum AI trading bot features a streamlined interface and automated functions, making it easy for both advanced traders and beginners. Most trading bots are designed to be user-friendly, handling trades and market analysis automatically. Users can still adjust parameters and stop-loss limits for more control.

A demo account is available to practice trading strategies without risking real money. The dashboard includes charts and a list of available assets. However, trading bots are risky, and users may not always make money. Always set stop-loss limits to minimize losses.

How Do I Withdraw Money From Quantum AI?

Withdrawing funds is straightforward. Log into your broker’s platform, select your wallet, choose a payment method, enter the amount, and initiate the withdrawal. Transactions typically complete within 24 hours, but timing may vary by payment method.

Is Quantum AI a scam?

No, it is not a scam. Quantum AI is a legitimate platform that offers valuable educational resources and reliable customer support. However, the lack of transparency about its developers and ownership can raise concerns. It’s essential to conduct thorough research and use demo accounts to test the platform before committing real funds.

How Much is the Quantum AI Fee?

There are payment processing fees. Quantum AI charges a very small percentage of each transaction to cover costs. This amounts to just 0.01% of the total transaction value. When compared to other trading bots that impose penalties on inactive accounts, this is a massive improvement and a huge bonus to customer satisfaction.

Does Quantum AI work?

Yes. Trading CFDs with Quantum AI allows users to speculate on price movements without owning the actual assets. This can be particularly advantageous in volatile markets, where price fluctuations can create numerous trading opportunities. The ability to trade a wide range of assets also helps in managing risk and optimizing returns.

Is Quantum AI a Legitimate Company?

Quantum AI is a UK-based tech firm established in 2022 (based in Luton, United Kingdom) that pioneers the use of quantum computing for everyday traders. While Quantum AI represents the broader technological advancements of the company, Quantum AI Trading focuses specifically on applying these technologies to enhance trading performance.

What can Quantum AI do?

Quantum AI is a powerful charting tool that can analyze the cryptocurrency market, spot patterns and make informed decisions about trading opportunities on your behalf.

Contributors