Quantum Trade Wave Review 2024: Is it a Scam or Legit Trading Software?
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2024 has proven to be an exciting time for crypto and although there were some significant ups and downs last year, things seem to have picked back up for digital currencies. Luckily, the niche hasn’t fallen in favor with traders and those hoping to make a passive income. With automated software becoming ever more functional and manual trading taking a backseat to modern efforts, more and more people are turning to robots to support their potential.
The bad news is that the niche is still widely unregulated and there are still scam websites out there that look just as reputable as the leading names, so it can be difficult to choose which one to go for. Add this to the fact that many offer differing services and the decision becomes even harder. The good news is that we’re here to take a look at Quantum Trade Wave – and we’ll be determining its legitimacy while exploring everything you need to know about this software provider.
What to expect from Quantum Trade Wave
If you’re new to the world of online trading, it can be important to understand that trading robots like Quantum Trade Wave comprise highly intuitive automation software and use AI machine learning protocols to scour financial markets, use intensive analytics to process vast amounts of data and highlight the trades that meet the user’s parameters that are most likely to generate a profit.
These signals will either be executed by the Quantum Trade Wave software itself or passed onto brokerages that will have the permission and capabilities to do so – and all of this will happen in a matter of seconds. Traders will be able to track these processes, tweak their presets, practice risk management and enjoy the profit potential with little effort.
While it can be a chore to decipher scam websites from real ones, research will be key to protecting both your personal data and your financial assets, so it is imperative to know exactly what a platform has to offer and any potential red flags before signing up. With this in mind, here’s what you can expect from Quantum Trade Wave at a glance:
- Cutting-edge AI software
- Access to a demo trading account
- Over 150 supported crypto assets; from Bitcoin, Ethereum, Solana, Litecoin, XRP and Bitcoin Cash and more
- Access to learning materials, portfolio management, price alerts and social trading
- Users may have to pay commissions on trades when partnering with brokerages (it isn’t clear if or how Quantum Trade Wave supports leveraged trading)
During our research, we were delighted to find that the Quantum Trade Wave website has a wealth of information about its services, features and so much more. The fact that it has almost everything a potential user could need to make an educated decision about signing up is a great facet to have – and one that not many trading platforms can boast.
How to start trading with Quantum Trade Wave
- Step 1 – Signup Form
Quantum Trade Wave has a quick signup form at the top of the landing page where users will need to input their full name, email address and current phone number. There will likely be phone contact or an email sent providing prompts to complete verification and registration.
- Step 2 – Deposit
Next, users will be asked to fulfill the initial deposit parameters necessary to open the trading features on offer and with Quantum Trade Wave and most trading robots currently on the market this is $250 (the money is yours to trade with and isn’t considered to be a fee).
- Step 3 – Demo and Live Trading
Users should now familiarise themselves with Quantum Trade Wave by using the demo trading account and once they are confident, they can set their trading parameters for the software and begin making real-time trades. It is advised and widely accepted in the industry that while robots facilitate passive trading, users should check in with the software and make adjustments where necessary once or twice a week to ensure functionality and maximum potential for successful trades.
How does Quantum Trade Wave work?
With the Quantum Trade Wave website featuring so much information, this is an easy question to answer. Quantum Trade Wave claims to provide a whole new approach to trading software with a collection of charting tools, analysis and reporting that comes together to bring users nothing short of top functionality. The trading software can identify trading opportunities at lightning-fast speeds using digital insights like real-time and historical data to then use the programmed parameters to narrow down the most relevant.
Trends and patterns will be identified and utilized to maximum effect and algorithms will then predict the future price movements with the most potential. Traders will be able to set a host of key trading presets to align with their skills, experience, budget, and preferred strategies with ease and sit back while the robot does the hard work. Profits can then be withdrawn in under 24 hours.
The Advantages of Quantum Trade Wave
Crypto trading robots are widely used in 2024 and have some worthwhile capabilities that surpass the advantages seen when trading manually. With the ability to still have a hand in your trading efforts and tailor your overall experience without having to dedicate hours of your day to trading, a robot can be an asset to your itinerary. Quantum Trade Wave gives traders access to top tools and charting capabilities. No software will have 100% accuracy and will have features that are not as attractive as some of their counterparts, so let’s take a look at the pros and cons of Quantum Trade Wave.
Pros:
- Quantum Trade Wave has a blend of manual and automated trading that can be tailored to meet the trader’s needs and commitment
- Instant deposits and 24-hour withdrawals
- Demo trading feature to practice trades in real time but without the risk
- A responsive customer service department
- A wealth of information on offer before signup (which is rare in the current climate)
Cons:
- No mobile app
- No suggested win rate
- Fees (if any) are not stated
- There is mention of leveraged trading on the FAQ section of the Quantum Trade Wave homepage, but no in-depth information regarding how this is supported
If Quantum Trade Wave does partner with brokerages, those signing up should be aware of the advantages and pitfalls of leveraged trading, such as the fact that both wins and losses will be derived across the entirety of the spread. This means that while the profits will be larger, so too will the losses. If you create an account and find yourself partnered with a brokerage, be sure to check their reputability also. Just as there are scam robots, there are also scam brokers out there, so look for CySEC regulation, verification and registration.
Top Features
Demo trading
A key indicator of reputability is whether or not a trading robot has a demo trading feature – and Quantum Trade Wave does. This will not only give new users the ability to test out trading and play with strategies to see what works best without any financial risk, but it can also be a good idea for experienced traders to start here and get to grips with how the software functions and performs. Believe it or not, demo trading is considered a part of risk management, so it should be an integral part of the trading process.
Trading software
The Quantum Trade Wave website has a host of information about the reputability of its trading software and also speaks intensively about the decentralized platform PancakeSwap as well as the Avalanche (AVAX) blockchain. The software has capabilities for users of all trading levels and supports day trading, swing trading and long-term trading to suit an array of preferences. Quantum Trade Wave has been designed to meet the needs of frequent traders but doesn’t discriminate against new users or enthusiasts who would like to get involved with trading.
User interface
On the face of it, the Quantum Trade Wave website seems to have a user-friendly interface, is easy to sign up to and is reported to be just as functional for new traders as it is for those with significant industry expertise. The website itself goes above and beyond its competitors with the information provided and everything is easy to navigate and neatly laid out for those who would like to do their research before signing up.
Comprehensive tools
Quantum Trade Wave has a comprehensive range of features, educational resources, charting capabilities and trading tools to assist users in every aspect of the trading experience. One of the top tools is copy trading, where users can not only follow but also copy the trading efforts and strategies of more successful users. There is also the ability to undertake portfolio management, with real-time monitoring using interactive charts and graphs.
Additional features and information
Customer service
Quantum Trade Wave has a well-appointed customer service department where users have 24/7 access to agents via phone, email, and live chat. If it partners with brokerages, you may be awarded a dedicated account manager – and this individual will help you to navigate any issues you may have from signup onwards.
Supported cryptocurrencies and payment methods
Quantum Trade Wave supports all of the major cryptocurrencies as well as fiat currencies including USD, EUR, and GBP. It will be easy to deposit and withdraw with the typical methods of bank transfer, credit and debit cards and supported eWallets such as PayPal and Skrill.
A word about the developers
A well-known trend within the trading robot niche is that developers and teams often prefer to go unnamed – and the minds behind Quantum Trade Wave are no different. It is generally understood that software of this kind is created with a combination of experts chipping in, from crypto enthusiasts to AI software engineers. What Quantum Trade Wave does talk about is its team’s passion for providing the most extensive services for traders of all skill levels and accessibility for all in the crypto trading environment.
Is Quantum Trade Wave a scam or legit?
One of the biggest questions surrounding trading robots is whether or not they are legitimate and while regulation in the crypto space is still under scrutiny, there have been advancements that are minimising the appearance of scam websites and a host of factors that can help users determine reputability for themselves. Not only does Quantum Trade Wave have a lot of actionable information on its website to set our minds at ease, the internet at large is also a great place to look for reviews and testimonials that speak highly of the tools and services on offer.
Social media platforms like Twitter and Reddit have plenty of user reviews to flesh out its credibility. There are some additional plus points such as demo trading and the copy trading feature, but also red flags that shouldn’t be overlooked such as the fact that there is little information regarding whether it partners with brokerages and how it offers leverage and no mention of fees.
As we were unable to definitively decide whether Quantum Trade Wave is reputable or not (we are leaning on the reputable side, however), it will be down to the user to decide if signing up will be a worthwhile idea. Not only should you trade responsibly, but also ensure that you practice risk management where possible to ensure that you minimise losses and maximise your trading potential. If you are unsure, there are plenty of trading robots out there that have far less information about their services on their websites, so it may be worthwhile prioritising transparency when making your decision.
FAQ
Quantum Trade Wave is a well-appointed crypto trading robot that has a whole host of features and functions for users to enjoy, but isn’t clear on whether it offers leveraged trading or how. There is a single mention in the FAQ on the homepage, but that is all the information we could find.
Quantum Trade Wave has been designed to offer facilities for new traders as well as experienced traders, no matter their skill level or commitment to trading. As users have access to one of the most well-appointed platforms currently on the market, starting out with trading crypto on Quantum Trade Wave should be simple and straightforward.
While this is undoubtedly a well-established and seemingly reputable trading robot, there are unfortunately no celebrity endorsements. This shouldn’t be a dealbreaker however, as there are plenty of good reasons to sign up to this website right away. Does Quantum Trade Wave support leveraged trading and CFDs?
Can new traders use Quantum Trade Wave?
Are there celebrity endorsements for Quantum Trade Wave?
