Quantum AI is the refurbished version of sketchy trading software that claims to make money for its users. If you check out their website and associated websites, you will quickly realize that nothing about them earns them any credibility.
This platform works with unregulated brokers, and the chances of anyone getting back their capital are too tiny even to justify. The narratives they use are all gimmicky, and they seem to avoid transparency at any cost. From the way they are structured to the kind of things they peddle, they are not present to make the lives of traders easy.
Moving on to profit claims, the numbers are too exaggerated, and they use boatloads of high-pressure marketing tricks to fool the public. Learn their real way of doing business by going through the following content.
Who is behind Quantum AI?
This is the first question that popped into our minds when we started exploring this platform. We did some digging and could not find anyone directly linked to this software. To rephrase our take, the founders are unknown, and any details about the people working for this app are entirely hidden from the public.
If their interface was so good, why are they operating this way? Whenever you see any product in the finance niche with no name, it is not worth the risks involved.
After all, if someone finds the golden solution to volatility, they certainly would not give it away for free, right? The lack of transparency clearly shows the ugly side of the firm, and there are no second thoughts about it.
How does Quantum AI Work?
Quantum AI supposedly uses artificial intelligence and machine learning to predict movements in the underlying assets. If you are a newbie, this vague narrative might impress you. However, know that everything they have mentioned about their algorithm is imaginary, and there is no quantifiable metric.
For example, they have not stated the indicators the software looks at. No one knows about ideal starting capital; critical things like spreads and leverage are never discussed. Looking at how they push people using get-rich-quick claims, they are salespeople with many conflicts of interest.
To simplify things, we can quickly sum up this part by saying that the algorithms have no real edge, and the win rate probably is around 50% at best, which is pathetic.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
Trading Platform
Quantum AI claims to support different trading platforms. However, if you try to log in, you will find nothing more than a web-based interface with limited functions. The default software is inadequate for professionals, and without any doubt, they are deal breakers. There isn’t much control provided to the user as well.
As they don’t reveal average win rates and drawdowns, trading with them will be nothing short of gambling, the odds are against you in every scenario. Due to a lack of adequate data and statistical edge, it is better to stay away from them. Given the kind of interface they feature, if anyone places trust in them, there won’t be a happy ending for sure.
Real Business Model
This platform makes money by referring people to offshore brokers for a fat commission. Their only goal is to convince people to deposit with their affiliated brands. The conflict of interest will be high, and due to the high commissions involved, sketchy software like this one often uses a lot of gimmicks.
They always try to create FOMO and a sense of urgency to hook the clients. If the abovementioned methods do not work, they will use high-pressure marketing tactics or lie blatantly to achieve their end goal.
As we mentioned, their goal is to get paid, and they do not care about ethics or morals. In the future, before joining any new platform, always take a thorough look at the incentives of the service providers. It will help you make better decisions.
Quantum AI Profit Claims – Scam or Not?
Quantum AI claims to make retail investors a steady profit from the markets. They have not advertised any specific number, but they give a mixed impression. As a rule of thumb, you should always run in the opposite direction whenever you come across a sales pitch with a get-rich-quick tagline.
Though this one allegedly helps its users make thousands of dollars daily, the reality suggests otherwise. Over the long run, chances of earning profits are slim, and you should not take any chances with them.
After all, if making money was that easy, wouldn’t everyone be involved with it? Undoubtedly, this platform is a scam, so you should avoid it.
Quantum AI User Reviews
We found a few testimonials about them, some of which are surprisingly positive. There is manipulation, and the numbers are inadequate to make a judgment. If you encounter any comment with a referral link, do not trust it unthinkingly.
On social media platforms, there aren’t many mentions of them, and on forums, their ratings are bleak as well. After seeing how they work, and the ethics they uphold, the lack of user input makes them look intolerable.
On June 2, we received the following complaint about them:
I created an account, knowing that there was a possibility of it being a scam. However, since I provided my phone number and name, I have been continuously receiving calls from them during inconvenient hours, specifically from 2 PM to 8 PM.
I haven’t invested any money into trading, but my main concern is the difficulty I’m facing while attempting to log in and delete my account details. Unfortunately, the login option does not exist on the website.
Could you please assist me in deleting my account or finding a way to remove my name and phone number from their call list? I am genuinely not interested and would appreciate your help.
Removing a name and phone number from a scam call list can be challenging since scammers often operate outside the law and may not adhere to proper data management practices.
However, it’s still worth trying the following steps:
- Request removal directly: Contact Quantum AI’s customer support (if available) and explicitly request removing your name and phone number from their call list. Be firm and clear about your request.
- Block the number: Block the phone number they use to contact you. This can be done through your phone settings or by contacting your service provider.
- Change phone number: If the calls persist and become unbearable, you might consider changing your phone number. This drastic step can help ensure you no longer receive calls from them.
On July 5, 2023, the following complaint was filed with the BBB (Better Business Bureau) regarding a cryptocurrency scam:
The Instagram algorithm displayed an ad featuring testimonials for automated crypto trading. Intrigued, I clicked on it and filled out the requested personal information to get more details. This action led to two months of receiving 6-8 daily phone calls from various area codes and numbers across Canada and the U.S. When I asked them to delete my data, or at least to provide information on how to formally request its deletion, the consistent response was that they couldn’t comply. I had no record of the original website that had collected my information.
Eventually, someone told me that the company responsible was Quantum AI, registered in Toronto, Ontario. A Google search showed a different website for Quantum AI than the URL I remembered. The privacy policy on their site indicated implied consent to share my data with third parties as their source of revenue. The entire experience represents an inappropriate and illegal use of personal data gathered under false pretenses. Exercise caution to avoid falling victim to this abuse of personal data.
Conclusion
Quantum AI is a scam, and the facts are all too obvious. They have clone websites as well, and they will cause nothing but harm to the users. If you have lost money to this platform, contact us. Using chargebacks, wire recalls, and other methods, our team will help you retrieve the funds quickly.
Stay away from fraudulent software like Quantum AI for your good. The thread is yours if you have something to say about them.
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