Quantum Prime Profit Review 2024 - Is it legit or a scam?
Quantum Prime Profit is a fast crypto trading bot designed for beginners and experienced traders in the crypto community. The trading bot claims to use data analytics, statistical modeling, and automation to achieve impressive results in crypto trading.
Now, the big question: Is Quantum Prime Profit profitable, and can we trust it? To find out, we conducted a thorough review of this trading bot.
We delved into the inner workings of this crypto trading platform, exploring its features, advantages, and disadvantages to determine if it’s worth your time and investment.
Our Investigation Result: Quantum Prime Profit Seems Legitimate!
After extensive research and investigation, we can say confidently that Quantum Prime Profit is a legitimate crypto trading platform. The Quantum Prime Profit claims made about their capabilities appear to be accurate.
If you want to try it and start trading, sign up for a free Quantum Prime Profit account using the link below. An account manager will guide you through the process and get you started on your crypto trading journey.
Quantum Prime Profit Summary
Minimum Deposit | $250 |
Fees and Commission | None |
Claimed Success Rate | 90%+ |
Supported Cryptocurrencies | 14 |
Deposit and Withdrawal Fees | None |
Trading Platform | MT4 |
Demo Account | Yes |
Verification | KYC |
Leverage | 100:1 |
What is Quantum Prime Profit?
Quantum Prime Profit is a cryptocurrency trading bot designed to make trading cryptocurrencies profitable without requiring users to spend significant time and effort. It is particularly suited for new traders who may need the skills to trade successfully.
The bot operates 24/7, enabling users to profit from major trading sessions while sleeping. Powered by advanced software automation and data analytics, the bot carefully studies price patterns and other market variables for digital assets to make well-informed trading decisions.
Who Created Quantum Prime Profit?
As for the creators of Quantum Prime Profit, little is known about them. Algorithmic trading robots like this usually require software, mathematics, and finance expertise. We suspect the team comprises finance traders, software developers, and mathematicians.
However, it’s worth noting that projects with anonymous founders can raise some scepticism, despite being common in crypto. We advise caution, although the bot performed well during our testing.
How Does Quantum Prime Profit Work?
So, how does Quantum Prime Profit work? The robot relies on mathematical relationships between different market variables. By analysing these numbers, we can predict how they will change over time.
The trading software bot continuously scans the market, processes market data through statistical models, understands the behaviour of various market variables, and then forecasts price movements.
Based on these predictions, it executes trades with profitable trading opportunities, monitors them, and closes them when profit targets are reached. As a Quantum Prime Profit customer, you control the trading parameters, such as the desired average profit per position and the acceptable loss level.
Quantum Prime Profit is integrated with cryptocurrency brokers, providing a secure store for your funds. When you use the crypto trading bot, you deposit funds into the brokerage account, which the bot accesses for trading.
Instead of owning the cryptocurrencies directly, the bot uses derivatives called Contracts for Differences (CFDs) to trade crypto price movements.
This is a general overview of how Quantum Prime Profit might work, as most trading bots keep their inner workings confidential. The best bots keep their algorithms confidential to maintain a competitive advantage over other crypto trading software bots in the crypto trading space.
To start trading, you must deposit a minimum of $250 into your brokerage account. However, you can test the bot’s features in demo mode without making a deposit.
Pros
- Great for beginners, making crypto trading accessible to all
- Offers automated trading that works continuously, even around the clock
- Provides a cross-platform trading terminal for convenience
- Allows free deposits and withdrawals, saving on additional fees
- Offers commission-free trading, enhancing profitability
- Boasts sub-second execution speed for swift transactions
Cons
- The minimum deposit of $250 might be too high for some users
- The algorithm used is undisclosed and subject to change at any time
5 Key Features of Quantum Prime Profit
Demo Account:
The platform offers a demo Quantum Prime Profit account, allowing users to test its features before diving into live trading. This benefits traders of all levels, as beginners can familiarise themselves with the platform. At the same time, experts can experiment with different functions without risking real funds.
The demo mode uses accurate market data, offering a realistic trading experience, and strategies with profitable trading decisions that work well here are likely to perform well in the live market. Access to the demo Quantum Prime Profit account is granted after verifying your account, and no initial deposit is required.
24/7 Customer Support Team:
One of the Quantum Prime Profit advantages is that it provides round-the-clock customer support to assist with account setup, trading inquiries, and technical issues. The support team is reachable through email, live chat, and phone calls.
For faster responses, phone calls and live chat are recommended. At the same time, email is suitable for more complex issues with the Quantum Prime Profit platform that can’t be immediately resolved over the phone.
User-Friendly Interface:
The Quantum Prime Profit platform is designed to be user-friendly for everyone, regardless of their experience level. The interface is simple and intuitive, with clear icons that guide users to different features and sections. While beginners may need time to learn all the features, the trading platform ensures easy navigation.
Affordable Fees:
Quantum Prime Profit is affordable and claims to be free to use. However, it’s essential to understand that the trading platform charges by adding a small markup to the bid-ask spread. The spread is the difference between the highest buy price and the lowest sell price on a crypto exchange’s order book. By adding a small profit to the spread, the Quantum Prime Profit platform can offer its other services for free.
Multi-Asset Support:
Beyond cryptocurrencies, Quantum Prime Profit enables trading in stocks and currency pairs (Forex) through CFDs. This versatility expands your crypto portfolio management for profit opportunities, allowing you to explore various markets if one isn’t offering favourable trading conditions.
Factors to Consider Before Using Quantum Prime Profit
We have looked at the Quantum Prime Profit trading bot and have done our research. Below are some of the necessary factors a user must consider before using any trading bots. To help make your decision easier, we have scored these factors over 5.
Costs And Fees: 5/5
Using Quantum Prime Profit is cost-effective. The robot doesn’t charge fees for its financial activities or features. However, it generates revenue by adding a small markup to crypto bid-ask spreads, which doesn’t affect your trading results. We can confirm that Quantum Prime Profit stayed true to its claims, and we were not charged for using the robot.
Security: 5/5
Security is a top priority when dealing with money and personal information. Quantum Prime Profit employs advanced information security technologies to protect user data from potential attackers. We found their security protocols and measures, including two-factor authentication, to be robust. There have been no reports of security breaches or compromised accounts on the cryptocurrency trading platform.
User Testimonials: 5/5
User testimonials for Quantum Prime Profit have mainly been positive. Although we encountered a limited number of testimonials during our research, the ones we found were favorable. To ensure unbiased opinions, we relied on neutral sites and our own experience with the QUantum Prime Profit review, excluding testimonials from the robot’s website as they could be manipulated or filtered.
Affiliated Brokers: 5/5
Quantum Prime Profit partners with reputable, regulated brokers, often overseen by the Cyprus Securities Exchange Commission (CySEC). These brokers generally have a solid track record of service. However, we couldn’t vet each broker individually due to the wide range of partners, especially those unavailable in our region. We advise researching a broker before signing up, and the platform typically offers region-specific options that are regulated and trustworthy.
Verification System: 4.4/5
Signing up for Quantum Prime Profit is a straightforward process. To comply with KYC guidelines, you must provide a government-issued ID and a proof of address document, such as a utility bill. The verification process was quick and hassle-free for us. They only asked for the necessary information to confirm our identity, and the entire process took about 20 minutes. The broker we signed up with had a similarly smooth experience.
Withdrawal Process: 4.1/5
Quantum Prime Profit does not impose withdrawal limits, but your payment providers might have restrictions. When you request a withdrawal through your account dashboard, it typically takes 24 hours to process it. Occasionally, it may be faster, but the exact timing depends on factors such as the withdrawal amount and transaction volume that day.
During our testing, the withdrawal process was standard. We were asked to verify our identity by submitting a picture holding a verified ID with the current date written on paper, ensuring account ownership.
Deposit Methods And Limits: 4/5
Quantum Prime Profit accepts USD, GBP, and EUR deposits through various channels, including bank transfers, credit cards, and electronic wallets like PayPal. Cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple can also be used for deposits. However, there is a minimum deposit requirement of $250.
During our testing, we successfully deposited funds into our account. Credit card payments were the fastest but incurred higher fees. At the same time, bank transfers were cost-effective if favorable exchange rates were available. Electronic wallets were an excellent option for users in supported countries.
Customer Service: 4/5
Customer service at Quantum Prime Profit is satisfactory. The team is easily reachable through multiple channels. While non-account holders may not access the live chat feature, phone and email support are available to all Quantum Prime Profit users.
How Does Quantum Prime Profit Compare to Other Automated Cryptocurrency Traders?
Quantum Prime Profit is a participant in the competitive crypto trading bot market. While it shares some features with other bots, it stands out uniquely, which we’ll explore later in this Quantum Prime Profit review. If you’re interested, here are some other trading robots worth considering:
- Immediate Connect: A popular choice specializing in Bitcoin CFD trading
- BitIQ: is an excellent option for a diverse range of cryptocurrencies.
- Ethereum Code: Ideal for those focused on Ethereum trading.
- Bit Index AI: Utilizes AI and machine learning models for high accuracy.
- Oil Profit: Suitable for trading assets beyond cryptocurrencies, like oil.
- Chain Reaction: Good all-round crypto trading bot and beginner-friendly.
Each platform has its strengths and weaknesses, making Quantum Prime Profit a better fit for specific traders based on their preferences and trading goals.
Is Quantum Prime Profit a Legitimate Autotrader?
While we can’t guarantee Quantum Prime Profit’s legitimacy since we aren’t privy to the company’s internal workings, our research suggests that the bot is not involved in fraudulent activities. The website showcases numerous users who claim to trade profitably using the tool, and we came across several testimonials supporting the Quantum Prime Profit claims.
The bot’s functionality did not raise any red flags for fraudulent behaviour during our testing. It allowed us to deposit and withdraw funds without any issues, and it did not engage in trading practices that would work against us, a concern with some untrustworthy brokers. So far, we have not observed any suspicious or illegitimate actions.
Is Quantum Prime Profit Safe?
Like any online platform, the safety of Quantum Prime Profit relies on its security measures, and Quantum Prime Profit appears to employ standard practices. Our investigation revealed that the bot utilizes SSL encryption to protect its website and user data.
Our IT contacts also indicated that the platform deploys network and platform firewalls to prevent malicious traffic and web packets from reaching the platform.
Regarding regulation, the platform follows KYC procedures to verify users’ identities and maintain security protocols. While no online platform is immune to risks, Quantum Prime Profit seems to implement reasonable safety measures to protect its users.
6 Reasons to Consider Using Quantum Prime Profit for Trading
High Availability:
The crypto market operates non-stop, as does Quantum Prime Profit once activated. The bot trading software tirelessly executes its set strategy for as long as needed, constantly scouring the market for patterns and trends to execute profitable trades of online assets. Its uninterrupted availability ensures ongoing monitoring and swift responses to market movements.
Cost-Effective Trading:
Quantum Prime Profit is an affordable cryptocurrency trading tool since it does not charge fees for its features. Moreover, users can use the demo mode to test their strategies before they begin trading and applying them in the live market. Unlike some competitors, the bot does not claim a portion of your profits, making it a more economical choice.
High Potential Returns:
Quantum Prime Profit utilizes advanced computational analysis, enabling it to achieve profitability levels that often surpass those of experienced traders. While exact figures aren’t available, our estimation suggests a success rate of approximately 90% or higher. Although the bot isn’t infallible, users have a significantly better chance of profitable trading decisions with its assistance.
Automated Trading:
Trading typically demands extensive research and monitoring, especially for day traders. However, day trading can be challenging for newcomers. Quantum Prime Profit’s automated features allow users to engage in day trading without the physical and mental strain of constant monitoring. Simply set the initial parameters, and the bot will take care of the rest, simultaneously implementing risk management policies across multiple positions.
High-Speed Trading:
Automated trading goes hand-in-hand with high-speed execution. Quantum Prime Profit can execute trades in seconds, a feat impossible for even the most experienced human traders. This speed is valuable for arbitrage and news trading. It offers protection against sudden market fluctuations, allowing the bot to hedge or close positions swiftly to minimize losses.
Customizable Features:
Quantum Prime Profit caters to both novice and veteran traders. While it offers ready-to-use features for beginners, it also allows experienced traders to customize its settings, utilize indicators, and even reprogram the bot (to some extent) to implement sophisticated strategies.
How to Optimise Your Trading with Quantum Prime Profit
Traders have the flexibility to use Quantum Prime Profit in various ways. For newcomers, it’s best to start with simple features and straightforward strategies to get familiar with the platform. Using the demo account is highly recommended for both beginners and experienced traders.
Beginners can use the demo mode to gain practical experience, understand how trading functions, practice setting strategies and implement risk management techniques. On the other hand, veterans can utilize the demo mode to fine-tune their strategies, experiment with new indicators, and enhance their overall profitability.
Once you feel confident with the demo mode, you can transition to the live trading mode using a real account. Veterans may proceed directly to implementing their strategies, while newcomers can continue practicing in this mode. Set your trading parameters according to your preferences and deploy them.
In the initial days, monitoring the bot’s performance closely is advisable. Suppose everything goes well and your strategies are executed correctly. In that case, you can gradually reduce monitoring and let the bot work autonomously. This way, beginners and experienced traders can optimize their trading with Quantum Prime Profit to achieve better results.
Has Quantum Prime Profit Made TV Appearances?
Trading bots often become the target of various online rumours regarding their origin and funding sources. Recently, rumours about Quantum Prime Profit-seeking funding from popular business and entrepreneurial shows circulated. To clarify, we investigated these rumours, and here are our findings.
Dragons’ Den:
Dragons’ Den is a well-known British entrepreneurial show where entrepreneurs present their new and growing ventures to a panel of investors. While the show has featured founders of technology companies, there has been no appearance from anyone representing Quantum Prime Profit.
CNBC:
CNBC is a television network with several shows focused on finance and business topics. Some rumours suggested that Quantum Prime Profit was featured on one of CNBC’s shows. However, after a thorough investigation, we found no evidence of the bot being showcased in any episodes throughout CNBC’s history.
Shark Tank:
Shark Tank is the US version of the British show Dragons’ Den, following a similar format with entrepreneurs pitching their businesses to investors. There were rumours that Quantum Prime Profit representatives appeared on this show seeking funding. However, our research revealed that these rumours are false.
Has Quantum Prime Profit Received Celebrity Endorsements?
Claims were circulating online suggesting that Quantum Prime Profit had partnered with A-list celebrities to endorse its services. To clarify this, we conducted our research, and here are our findings.
Mark Cuban:
Mark Cuban is widely recognized for his involvement in cryptocurrencies, especially NFTs, as he has actively participated in the space and invested in an NFT platform. He has spoken favourably about the technology on various TV shows.
Despite rumours suggesting a partnership between Mark Cuban and Quantum Prime Profit, our research disproves this claim. There has been no official endorsement or partnership between Mark Cuban and Quantum Prime Profit.
Elon Musk:
Elon Musk has been closely associated with the crypto industry, and his influence in space is well-known. In the past, his tweets have even impacted crypto markets. However, our investigation did not uncover any connections between Elon Musk and Quantum Prime Profit, leading us to believe he was not involved with the platform.
Bill Gates:
Bill Gates, the founder of Microsoft and now a prominent philanthropist, has not shown any support for cryptocurrencies. He has publicly expressed scepticism towards decentralized, encrypted networks. Our research revealed no links between Bill Gates and Quantum Prime Profit, indicating that he has not endorsed the platform.
5 Tips for Safe Trading with Quantum Prime Profit and Risk Management
Start Small:
As a new trader, avoid going all-in on your initial trades, even using accurate algorithms. Many new investors make the mistake of risking more than they can afford to lose. Markets can be unpredictable, and unexpected events can lead to losses. Only trade with money you can afford to lose to avoid putting yourself in a difficult financial situation.
Stay Informed About Cryptocurrency:
Continuously educate yourself, especially when it comes to your finances. While you can rely on a trading bot like Quantum Prime Profit, staying updated on significant events, news reports, and market trends is crucial. The more knowledge you have, the better equipped you’ll be to make profitable decisions and develop effective trading strategies.
Document Your Trades:
Maintain a trading blotter or record to keep track of all your trades and transactions. This will help you analyse your trading strategy and style, make informed decisions, and improve as a trader. Additionally, keeping accurate records is essential for tax purposes, as many countries now require crypto reporting and crypto tax compliance.
Save Profits:
While reinvesting profits can be a good strategy, avoid reinvesting everything into your trading account. Instead, set aside a portion of your profits and invest them in other assets or savings accounts. This way, you’ll have a financial cushion if anything goes wrong with your trading account.
Follow Expert Advice:
If you’re a beginner, seek guidance from finance and trading experts who have navigated the markets. If you’re an experienced trader, having a sparring partner can benefit your creative and strategic thinking.
Look for mentors or experts with trading, investing, or finance experience rather than following popular influencers. Twitter is a good starting point to find knowledgeable individuals, but prioritize accuracy and track record over popularity to stay ahead in crypto trading.
Step-By-Step Guide On Using Quantum Prime Profit
To get started with Quantum Prime Profit, follow these simple steps:
1. Register for an Account:
Visit the Quantum Prime Profit website and complete the sign-up form with your name, email address, and phone number. Once done, you’ll receive a confirmation email containing a verification link.
2. Complete the Registration:
Click on the verification link to confirm your new account. Complete the KYC verification process for full access by submitting a government-issued ID and an official document displaying your name and address, like a bank statement or utility bill. After verification, choose a reputable and certified broker, sign up for an account, and complete the broker’s verification process.
3. Decide on Your Trading Strategy:
Here’s where you can explore new strategies, utilize existing ones, or even create your own custom approach. You don’t need a perfect strategy, as you’ll first test it in the demo mode.
4. Practice with the Demo Account:
Use the demo account to test and refine your chosen strategy. If you’re new to trading, don’t worry if your initial strategy doesn’t work perfectly; this is the ideal place to learn and improve.
5. Make a Deposit:
Once you’re ready for live trading, deposit funds into your account. The minimum deposit required is $250. Ensure that the deposit methods available are suitable for you.
6. Set Up Automatic Trading:
With a funded live account, activate the automatic trading mode to execute the refined strategy you practiced in the demo mode. The bot will now handle the trading based on your chosen parameters.
Following these steps, you can use Quantum Prime Profit for cryptocurrency trading. Stay informed, be cautious, and continually refine your strategies to enhance your trading success.
Assets, Market, and Options on Quantum Prime Profit
Which Assets Are Available For Trading On Quantum Prime Profit?
Quantum Prime Profit offers a wide range of assets for trading. You can trade over 14 cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). Additionally, the platform supports equities and currency pairs. With Contracts for Differences (CFDs), you can access more than 30 crypto pairs.
CFDs allow traders to open positions in both long and short directions, enabling them to profit from rising and falling markets.
For instance, a trader who opens a $300 Bitcoin Long position at $20,000 per BTC is betting on increasing Bitcoin’s price. If the price increases to $23,000, the trader makes a $45 profit. Conversely, if the price falls to $18,000 per BTC, the trader incurs a $30 loss.
What Leverage Trading Options Are Provided By Quantum Prime Profit?
Quantum Prime Profit offers leverage of up to 100:1 on CFD trades. However, it is essential to be cautious with leverage trading, as it can be risky and potentially lead to financial losses.
While leverage can increase position size and margins without requiring additional capital, it is essential to exercise effective risk management to protect your funds. It’s important to note that leverage trading is prohibited in some jurisdictions, including the United States.
What Are the Spreads on Quantum Prime Profit?
The spreads on Quantum Prime Profit may vary depending on the crypto pairs, brokers, and the platform itself. You must check with the individual brokers to obtain the specific spread information, as they usually provide it on their websites. Remember that crypto spreads can change with market conditions, so staying updated during trading is crucial.
Can I Use Quantum Prime Profit In My Country?
Can I use Quantum Prime Profit in the US? | No |
Can I use Quantum Prime Profit in the UK? | No |
Can I use Quantum Prime Profit in Australia? | Yes |
Can I use Quantum Prime Profit in Sweden? | Yes |
Can I use Quantum Prime Profit in Germany? | Yes |
Can I use Quantum Prime Profit in Austria? | Yes |
Can I use Quantum Prime Profit in Switzerland? | Yes |
Can I use Quantum Prime Profit in Denmark? | Yes |
Can I use Quantum Prime Profit in Finland? | Yes |
Final Thoughts on Quantum Prime Profit
Quantum Prime Profit is an automated trading bot designed to facilitate cryptocurrency trading, including Bitcoin and other digital assets.
The bot utilises advanced data analytics to establish connections between market variables, enabling it to forecast future price movements based on existing patterns. This mathematical approach contributes to its high accuracy in predicting market trends.
The platform caters to both beginners and experienced traders, offering a wide range of features suitable for newcomers while allowing customization for veterans to meet their specific trading needs.
To start with Quantum Prime Profit, a minimum deposit of $250 is required. You can fund your account through various methods, such as bank transfers, credit card payments, electronic wallets like PayPal, or cryptocurrencies like BTC, ETH, XRP, and LTC. Simply sign up on their registration page and complete the verification process to open your account.
Review Methodology
Our Quantum Prime Profit review adopts a comprehensive approach by gathering information from various online tests, reviews, and testimonials. This ensures that we present a balanced view that considers multiple perspectives. We prioritise trustworthiness and transparency in our testing process, as the internet is rife with false testimonies and scams related to trading robots.
By comparing information from reputable sources, we aim to provide an accurate and reliable assessment of Quantum Prime Profit. Check out our why trust us and how we test pages for more information on our testing process.