Quantum Trade Review: Stay Away from This Fraudulent Broker

Quantum Trade may seem like the perfect option, but it falls short of your expectations. This company thrives on borrowing credits and licenses from other firms because it lacks the capacity to make significant achievements on its own.

Yet, our extensive breakdown and meticulous Quantum Trade analysis will provide you with comprehensive insights. It’s advisable to avoid making investments before reading our Quantum Trade review, or else you could put your capital at risk.

Quantum Trade’s Licensing and Regulations

In this day and age, online security is of the utmost importance. This is especially true when dealing with financial matters. It’s a sad fact that Quantum Trade is a dubious business that acts to be part of Quantum Global Trading, a legitimate Dubai-based firm that trades physical commodities like crude oil and natural gas. However, this couldn’t be further from the truth.

Firstly, Quantum Global Trading is not a trading brokerage and is entirely unrelated to other asset classes. Similarly, they only operate through the domain quantum-global.com, and their regulation does not extend to Quantum Trade.

Sadly, the list of shady practices continues as Quantum Trade onboards clients without appropriate licensing. They offer high leverage and unregulated terms and operate without regulation. These actions can lead to financial losses for clients who invest with this broker.

It’s imperative to note that Quantum Trade has been blacklisted in Canada and marked as a fraud. This makes it vital for anyone considering doing business with them to think twice and do their research thoroughly. If you have information about Quantum Trade’s operations, please do not hesitate to contact us. We want to help report a scammer as we are always keen to learn more about fraudulent practices in the industry. 

Please exercise caution when dealing with firms such as Quantum Trade, QuantumAI, ProfitiX, and other questionable entities.

Trading Platform at Quantum Trade

Are you looking to dabble in automated trading with Quantum Trade? Well, before you jump in, there are a few things you should be aware of.

While the platform boasts an impressive win rate, users must exercise caution, as trading bots are inherently risky, and profit is not guaranteed. So, be sure to do your due diligence before committing your precious money to this venture.

Aside from that, users should be mindful of the lack of control over trades and the potential for losses, particularly in margin trading. This is not something to be taken lightly, as the stakes can be high.

Lastly, it’s critical to note that the lack of dedicated smartphone and desktop applications may limit platform functionality. Certain features may not operate optimally on mobile devices, so it’s worth considering this factor before using Quantum Trade.

Quantum Trade – Account Types

It’s no secret that Quantum Trade claims to have a cutting-edge trading platform that stands out from the rest. Yet, once you register an account, you quickly realize that the reality is far from the promise.

The Quantum Trade platform is web-based, and while it does offer some basic functions like a trading history, an economic calendar, and market news, it lacks more advanced features like EAs and social trading. What’s worse, the platform is so basic that it’s difficult to see how it could be called “unique” or “most up-to-date.”

To make matters worse, Quantum Trade doesn’t offer top-notch third-party platforms like MT4, MT5, or CTrader, which are widely regarded as some of the most advanced trading platforms available today. These platforms have millions of users and offer enhanced features like advanced charting, automated trading, and social trading.

All things considered, it’s clear that Quantum Trade’s claim of having a “unique, most up-to-date trading platform” is little more than a marketing spin. If you’re serious about trading and want access to the latest trading tools and features, you’d be better off looking elsewhere.

Deposit and Withdrawal Methods

Quantum Trade’s payment methods include VISA, Mastercard, Skrill, and bank wire transfers. However, a closer look reveals that the website heavily favors Bitcoin deposits. While card payments are accepted, the website wants you to use Bitcoin.

It’s critical to note that crypto transactions are hard to trace, making them a preferred method for scammers. It’s difficult to determine who owns the Bitcoin wallet you’re sending money to, which adds to the risk. On the other hand, if you pay with a conventional method like VISA or Mastercard and something goes wrong, you have the option to file for a chargeback with your bank and potentially recover your deposit.

Quantum Trade claims to only require a minimum deposit of $250, but given their track record as serial scammers, this requirement shouldn’t hold much weight. It’s essential to exercise caution when dealing with unregulated companies like Quantum Trade. This is to avoid losing your hard-earned money. Always do your research before investing and be wary of any red flags that may arise.

Deceitful Strategies Used by Offshore Brokers

Offshore brokers are financial service providers that operate outside the jurisdiction of a trader’s home country. Although there are legit offshore brokers, traders must be aware of deceitful strategies used by some. This is a fact! 

One such strategy is offering unrealistic profit margins or guaranteed returns to lure in unsuspecting traders. Another typical tactic is hiding fees and commissions, making it difficult for traders to understand the true cost of trading. 

Some offshore brokers may also engage in unethical practices such as insider trading or market manipulation. It is important for traders to do their due diligence before opening an account to avoid falling victim to these deceitful strategies.

Both Quantum Trade and Kiplar share a history of deceiving their clients and operating as unregistered companies. It is essential to take note of these similarities.

Quantum Trade Summary

Quantum Trade is a scam broker that pretends to be part of Quantum Global Trading, a legitimate Dubai-based firm that trades physical commodities. The company is unregulated, offers high leverage, and has been blacklisted in Canada. 

Although it claims to have a cutting-edge trading platform, it lacks advanced features and is web-based, making it difficult to be called “unique” or “most up-to-date.” 

The website heavily favors BTC deposits, but it’s challenging to trace, adding to the risk. Traders must be aware of the deceitful strategies used by offshore brokers, and it’s crucial to exercise caution when dealing with unregulated companies like Quantum Trade.

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