Quantum AI is trending in the US, UK, and Australia. The platform claims to help users sustain a higher return on investment (ROI) when trading Bitcoin and altcoins. According to its website, Quantum AI is a powerful web-based computer program for automated CFDs trading. The program is driven by Artificial Intelligence (AI) to study and glean insights from multiple markets. Some trading options mentioned are CFDs on forex, stock, market indices, commodities, and crypto through this platform. However, it’s best known for bitcoin trading. But is Quantum AI legit? We have investigated this platform thoroughly and prepared a detailed and unbiased review to help you decide. Visit Quantum AI Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. What is Quantum AI? Quantum AI claims that it helps you make money online by placing bets on forex, stock, commodities, market indices, and crypto. However, this trading system is best known for Bitcoin trading. According to its creators, it’s among the world’s most advanced auto-trading systems. Quantum AI applies Artificial Intelligence (AI) to ensure highly accurate trading. This platform is also said to run on the blockchain to ensure user safety. It uses the blockchain subset of Smart Contracts (SC) to ensure a smooth dispute resolution process. However, we dug around the site and on the internet about these technologies and we could not verify if all of Quantum AI’s claims are true. That’s why it is best to test Quantum AI with smaller amounts if you decide to invest, and see if the technology is efficient with your investment. Try even making a withdrawal after some profits, to ensure the legitimacy of the platform. Quantum AI claims to work with over 15 UK and Australia-regulated brokers. These brokers should have global-level trust. However, if you decide to invest with Quantum AI, we recommend that you ask about the affiliated brokers and do additional research about them to make sure they are legitimate. We can also confirm that the Quantum AI website is encrypted and hence safe since it is using SSL. This trading system complies with data privacy laws in most countries, including the UK. Quantum AI claims to be easy to use for all, given that it automates the entire trading process. This trading system is also hailed as the most profitable Bitcoin trading tool in 2023. However, we could not verify that and the claimed win rate (90%). Keep in mind that all trading involves risk. If you want a platform that is often profitable and also trusted by millions of users online, you can also invest with eToro.com using copy-trading. eToro is one of the leading and most reliable trading platforms in the world. eToro - Automated Copytrading Our Rating Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by 30 Million Users Start Copytrading Copy trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Is Quantum AI a scam? While there are some positive reviews on Quantum AI, there’s also negative feedback. On sites like TrustPilot, there are 23 reviews total and there’s a mix of positive and negative reviews. Nonetheless, the total score is very low. However, there’s a lot of expert review sites writing positively about Quantum AI. The Quantum AI platform also makes certain claims which indicate legitimacy: This trading system operates on the blockchain to ensure full transparency. You can easily track all transactions on your account and solve any disputes through Smart Contracts. Quantum AI does not charge hidden fees. You can learn more about its fees on the trading resources dashboard. Quantum AI doesn’t work with unregulated brokers. We have conducted preliminary checks on their 15 partner brokers and ascertained that they are well-regulated. This trading platform observes the industry’s best safety practices. These include data encryption and adherence to data privacy laws. You can easily withdraw your profits from Quantum AI by submitting a request through the provided form. The withdrawal is processed by the underlying broker and only takes a few hours. You have up to 10 free withdrawals per month. Nonetheless, not of this means that Quantum AI is fully legitimate. Thus, we would advise starting with a minimum deposit of 250 USD/EUR/GPB. We would also advise making a small withdrawal after some profits, to test if Quantum AI is reliable. With investing, it is also bad to put all of your eggs in one basket, and that’s why we would advise copy-trading on eToro too. eToro is a widely used, 100% safe, and reliable trading platform. By using the copy-trading option, you can copy the trades of the most successful investors. Often, these humans will be more accurate than AI. Bear in mind that all trading carries risk, even with the most legitimate platforms. eToro - Automated Copytrading Our Rating Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by 30 Million Users Start Copytrading Copy trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Quantum AI Bitcoin Trading Features Quantum AI claims to bet on Bitcoin volatility using CFDs. The bot trades up to 60 bitcoin pairs featuring highly volatile cryptos and fiat currencies. You can trade popular pairs such as BTC/USD BTC/BCH BTC/GBP BTC/ETH Quantum AI Bitcoin traders have reportedly made good profits in the ongoing BTC/USD rally. As mentioned earlier, this tool claims to apply sophisticated trading techniques to glean insights from big data. These include short-selling to bet on plummeting prices. Quantum AI performance depends on volatility and not price appreciation. This means that you can still make good profits when the prices are plummeting. However, we could not confirm that this technology works exactly as the site describes first-hand. Fast Payouts Quantum AI Bitcoin payouts are claimed to be instant and have no maximum withdrawal cap. Nonetheless, make a small withdrawal after earnings to test this. Quantum AI and Elon Musk As a famous billionaire, business magnate and the founder of SpaceX, Musk is among the world’s most influential people. A lot of people are likely to act upon his sentiment on various subjects. For instance, the Bitcoin price gained over $1000 in a day following the news back in early February 2021 about Elon Musk’s Tesla buying over $1.5 billion worth of Bitcoin and accepting BTC payments. Elon Musk’s social media posts about Dogecoin (DOGE) and Shiba Inu (SHIB) have also impacted the prices of those altcoins greatly. Elon Musk’s Twitter feed – @elonmusk – still remains a key driver of volatility in 2023 – as a past example, in December 2021 he tweeted that Tesla will begin to accept Dogecoin as payment for some merchandise. His tweet read ‘Tesla will make some merch buyable with Doge & see how it goes’. The price of DOGE rose 20% right after the announcement. DOGE/BTC pair on Binance – price spike Then on January 2022 he confirmed once again on Twitter that Tesla would go ahead and accept DOGE for buying Tesla merchandise, causing another spike in the price of DOGE. In 2023 Musk took over Twitter, buying the company. That again caused a rally for the DOGE price. Quantum AI Elon Musk – How it Works The Quantum AI algorithms claim to be able to detect Elon Musk Bitcoin news and social media posts, on Twitter and other platforms and predict how they will impact volatility. The Quantum AI bot then uses these predictions to place its bets. Quantum AI claims to have a win rate of up to 90% based on reacting to these market movements faster than human traders. To confirm this is all true, we would have to look at the Quantum AI source code, which we did not get a chance to do. Has Elon Musk mentioned Quantum AI? Note that there is no evidence that Elon Musk himself has ever used or invested with the Quantum AI app. To date he has only tweeted about Bitcoin, and a couple altcoins – Dogecoin and Shiba Inu. He also hasn’t mentioned similar software program TeslaCoin or the similarly named crypto trading bots BitAlpha AI or Bitindex AI. Quantum AI and Elon Musk himself are separate entities with no affiliation. Elon Musk is very interested in emerging technologies however and has recently tweeted about web 3.0 and how early investors doubted the internet, before it went on to change the world and the financial markets. It’s possible Quantum AI may be cited by Elon Musk in the future. Read the comments of Elon Musk and a dozen other famous investors from Wall Street, Silicon Valley and other areas of business on the crypto markets in our list of billionaires buying Bitcoin. Did Quantum AI appear in the Dragons Den? Some of our readers have inquired about the Quantum AI Dragons Den claims. There is a viral social media post alleging that the company behind Quantum AI was pitched in the Dragons Den TV show. The post goes ahead to claim that Peter Jones invested $1 million in this trading system. We have contacted Quantum AI, and they have clarified that this is fake news. Further background checks show that these posts mostly link to cloned websites. Avoid any Quantum AI Reddit post making similar claims. We say Reddit since this is the platform where these claims have been made. Other social media platforms may also be used to spread fake news. Visit Quantum AI Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. How to Start Trading With Quantum AI You can use Quantum AI from any country where retail CFDs are allowed. However, the site notes that registration slots are limited, and you may not be able to secure a position on the first attempt. Consider yourself extremely lucky if you can access the registration form on the first attempt. Keep visiting the official Quantum AI website to check for opportunities if not lucky on the first attempt. Registration involves submitting details via the provided form. You will be prompted to create a password to secure your account. Quantum AI will match you with one of its partner brokers (keep in mind to check their legitimacy). Authenticate your account with the broker by submitting the required documents. Deposit your trading capital (at least USD250) through the broker. You can make a wire transfer or use any of the listed debit and credit cards. Proceed to the trading resources dashboard and watch the tutorial video to set up your trading account. Download the Quantum AI mobile app by clicking the link at the bottom of the trading resources page. The app is hybrid and can therefore work on Android and iOS devices. Moreover, it doesn’t require a lot of computing resources and hence won’t compromise the performance of your smartphone. You can also use the web trader on your desktop and mobile devices. The web trader should work well on Chrome, Mozilla, Safari, and other popular browsers. 3 Reasons to Use Quantum AI for Trading Automation Ease of Managing Trades Quantum AI claims using it is less time-consuming than attempting to analyze charts and social media activity 24/7 by yourself. Less Risk Bots are emotionless and don’t make mistakes or revenge trades after a loss. They can set and adjust stop losses for you while you’re away from the keyboard. Taking Profits A common mistake human traders make is to not take a profit, or sell too early. Often they go ‘all in’ as that’s more exciting, and don’t have funds remaining to buy a dip. The Quantum AI claims its bot should be able to buy and sell in increments as the trend progresses, which is more boring, but more profitable. What Should a You Know Before Making a Quantum AI Investment To safely start a Quantum AI investment, we recommend: Only Risk What You Can Afford to Lose Bot software is unregulated so start with a minimum deposit and make a test withdrawal as soon as you’re slightly in profit. Never go ‘all in’ on one asset whether it’s a new altcoin that seems to be making waves or one type of automated trading bot software that’s popular lately. Set aside a portion of your funds that you are prepared to, in the worst case scenario, lose. Learn about Brokers Quantum AI Works With When depositing funds onto a new crypto broker (aka crypto exchange) begin with a small test deposit and try making a withdrawal. Check the terms and conditions and whether or not sites are regulated and licensed and by which jurisdictions before deciding where to trade with Quantum AI software. Diversify Your Portfolio Allocate other portions of your funds to other investments. Read the section at the bottom of this page about automated trading on eToro for example – known on that site as copy trading. That option would put part of your investment to work copy trading a professional, winning human trader, whereas another part would be following a bot program. Also always keep a part of your portfolio as a long-term hold in Bitcoin, on a regulated exchange, of which eToro is one. That way even if the traders, bot, and altcoins you invest in fail, you have a chance to recoup losses in the long run as the valuation of Bitcoin trends up. As the best-performing financial asset of the last decades, outperforming Gold, the stock market, and commodities, you can expect a decent return on your investment (ROI) simply by holding a portion of your net worth in Bitcoin, in a secure exchange wallet. Conclusion At least 23% of the individual reviewers rate this Quantum AI extremely well. They state that it’s easy to use, profitable, and safe – however we have been unable to verify all Quantum AI reviews. Remember that all trading involves risk and some user testimonials may be sponsored posts. Quantum AI claims it trades CFDs on multiple assets, including forex, stock, commodities, and crypto. Quantum AI reportedly utilizes Artificial Intelligence (AI) to identify trading opportunities in multiple markets and place high-quality trades. This trading robot is said to be 0.001 seconds ahead of the markets. It can glean insights from multiple markets and place up to 15 trades per minute. Amazingly, at least 90% of these trades are reportedly profitable. According to Quantum AI, you could possibly earn your first $1 million within months of using this platform. The most amazing thing is that you don’t have to know anything about trading to use it. Remember that Quantum AI applies high trading leverage to maximize performance. High leverage is a double-edged sword since it also magnifies losses. Treat Quantum AI as a high-risk investment and only deposit what you can afford to lose. Related Best AI Crypto Coins Visit Quantum AI Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Automated Trading on Exchanges An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several. InsideBitcoins recommends diversifying your portfolio by allocating part of your funds into a long-established, safe and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test. Coptrading on eToro is similar to using a bot in that you can grow your investment without having to monitor it, trade yourself or make any decisions – all buy, sell, take profit and stoploss orders are automated. eToro - Automated Copytrading Our Rating Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by 30 Million Users Start Copytrading Copy trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. FAQs Is Quantum AI licensed? Quantum AI is allowed to operate through its partner brokers. This trading system is supported by over 15 brokers in the UK, South Africa, and Australia. How much do I pay for Quantum AI? You don’t need to pay anything to trade with Quantum AI. However, the free signup slots are limited. Users in Australia, the UK, and some parts of Asia are more likely to secure the free slot. Can I download the Quantum AI app on Google Play? Quantum AI mobile app is hybrid and can only be downloaded through a link shared via email. You will receive the download link once you complete the registration process on the assigned broker’s page. Does Quantum AI charge any hidden fees? No! Quantum AI doesn’t charge any hidden fees. Surprisingly, this trading bot only deducts a 2% commission on earnings. This trading system doesn’t charge any deposit fees. You can also make up to 10 free withdrawals per month. Read more: Guide to algorithmic trading Review of the best Bitcoin robots Review of the best trading platforms Introduction to is social trading and the best platforms AI trading for beginners TeslaCoin platform
