Review of Quantum AI

Quantum AI is a trading robot that uses advanced technology to buy and sell different cryptocurrencies. This review explores whether Quantum AI is legit and how much it costs.
By: Pooja Kadia
Pooja Kadia
Pooja is a financial writer for Invezz. She has held the positions of Content Head at more than 7 companies. She… read more.
Updated: Aug 9, 2022
4/5 Star rating
19 min read
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Quantum AI is a trading platform that uses quantum computing to set up automated trading in cryptocurrencies such as Bitcoin and Ethereum. The Quantum AI bot predicts the price movements of BTC, ETH, and other cryptocurrencies and then places trades automatically on behalf of its users.

In this Quantum AI review, we assess the trading platform, its performance, and examine various claims made about the service online. Read on to find out whether Elon Musk owns Quantum AI, how the Bitcoin robot works, and whether you should sign up.

We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centres. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.

Pros & Cons

Pros:

Trade Ethereum and Bitcoin
Mobile app on both Android and iOS
Multiple payment methods
Offers the option to trade manually
Intuitive trading dashboard

Cons:

What is Quantum AI and what can I do with it?

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 own 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 trading 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 make sure they never miss an opportunity as the market fluctuates.

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 trading software uses them to make trades on your behalf.

Quantum AI 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 computer processor to run algorithms that are too complex for normal machines.

By using machine learning and advanced algorithms, the platform is able to 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 in trading cryptocurrencies, you can start trading just by filling out a registration form and making a small initial investment.

Quantum AI key questions, answered!

Which brokers can I use with Quantum AI?

Our research suggests that some of the brokers partnered with Quantum AI include 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.

What cryptocurrencies are supported 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)

You can trade all of these with USD, GBP, and EUR currency pairs.

Can I trade forex on Quantum AI?

Yes, you can trade forex with the Quantum AI trading platform. The Quantum AI app also lets you trade stocks, CFDs, and commodities. You can also use the online trading system to start trading forex along with crypto as well.

Can I use Quantum AI on mobile and desktop?

Yes. The Quantum AI app is available to download on Apple and Android devices, or you can trade from your desktop or laptop device as well. Quantum AI is also available through a web browser on your smartphone if you don’t want to download the app.

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 are able to trade an amount greater than your current capital. The Quantum AI trading platform offers leverage of 1:1000 for cryptocurrency assets like Ethereum. 

We do not recommend that beginners trade with leverage. Making highly leveraged trades can open up the potential of losing 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 as well as 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 as well as when crypto prices are rising.

A long position in crypto trading refers to 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.

What are the payment methods and withdrawal/deposit limits?

In order to access the Quantum AI Bitcoin robot, you need to make a minimum deposit of $250. Most brokers offer the methods of credit or debit cards like Visa, wire transfer, e-wallets like Skrill, Neteller, and Webmoney for deposits.

Currently, Quantum AI does not have any limits on withdrawals. A trader simply needs to submit their bank account details to the broker and the amount is credited within 24-48 hours. 

Are there any costs and fees involved?

No. Quantum AI claims that the service is free to use. However, we have found that you may be required to pay some hidden fees, such as a commission of up to 2% per trade.

While it’s free to sign up and create an account, Quantum AI 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 in order to actually place a trade.

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 on a daily basis as well. 

What is Quantum AI’s customer service like?

Quantum AI’s customer service 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 customer service rep.

Is Quantum AI legit?

Most Quantum AI reviews are from users who have had a positive experience using the trading platform. But it is worth being cautious about Quantum AI because the information about how its auto trading system operates is limited. It’s difficult to find out exactly how it uses quantum computing and why that improves the Quantum AI trading software, for example.

In addition, there are some rumours of endorsements that are entirely false and have caused people to call Quantum AI a scam. The website deals with this by confronting the claims head on, stating; there is no evidence that Gordon Ramsey has endorsed Quantum AI; Elon Musk has never endorsed the trading platform; nor has it been promoted on any mainstream television show like Dragon’s Den.

When we investigated Quantum AI, we came across multiple claims that suggested leading personalities have endorsed or are associated with the trading platform. However, our research has found that no celebrity or mass media outlet has mentioned Quantum AI or suggested that they have invested any money into it.

In particular, there is no evidence that Elon Musk has ever endorsed Quantum AI. Here is some fact checking regarding notable celebrities that have been connected to the platform:

Did Elon Musk invent 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.

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. 

How to trade with Quantum AI

Here is a quick guide that explains how to set up an account with Quantum AI and how to start auto trading.

1. Register 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.

2. Verify account and choose a broker

You may be contacted by a customer service representative to verify the account. This should just be a short call to confirm all your personal details and to explain the next step of the process.

To trade with Quantum AI you have to also set up an account with a partner broker. This is a standard part of the trading process, as the broker is the platform where you will actually place the trades, so you may have to pass more advanced verification checks.

3. Deposit funds

Quantum AI 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.

4. Start trading

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.

Our top automated trading tips for beginners

Using a cryptocurrency trading bot carries a certain degree of risk as markets are highly volatile. Familiarise yourself with both Quantum AI app and the crypto market in general before you start. Here are some top tips to help you start:

  1. 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.  
  2. Understand the cryptocurrency market. 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.
  3. Use a demo account to practice before adding more money. 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.  
  4. Try with small amounts and build up 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.
  5. 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.

Conclusion

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 an 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 to trade stocks and forex. The trading platform certainly adds value as part of a wider trading strategy. However, there are reasons to be sceptical about the trading platform. For instance, the official website is large on detail about Ethereum, Bitcoin, and blockchains, but low on information about how the crypto trading robot works.

In general, 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.

Is Quantum AI legit or not?
How do I join Quantum AI?
Can I withdraw cryptocurrency from Quantum AI?
Is Quantum AI an MLM or Affiliate scam?
Does Quantum AI really work as described?
How much does it cost to use Quantum AI?
How do I delete my Quantum AI account?
Who owns Quantum AI?

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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 >

Pooja Kadia
Financial Writer
Pooja has worked with more than 120 crypto and blockchain companies along with being the founder of her educational blog, Cryptochain Sphere. When she is not… read more.

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