Our Verdict
After weighing a number of factors in this Qumas AI review, we believe the program’s extensive selection of bitcoin and FOREX trading options is really compelling. The Qumas AI software helps both new and experienced traders make more money in the cryptocurrency and forex markets using AI-powered market analysis.
What Is Qumas AI?
Qumas AI works as a cryptocurrency trading platform that uses artificial intelligence to analyse trading signals and price charts of various cryptocurrencies as well as take into account several other technical fundamentals, enabling you to initiate potentially profitable trades with digital assets like Bitcoin and Ethereum.
The Qumas AI application scans the crypto markets for the best buy-in and sell-off prices to accomplish this. Qumas AI effectively lowers obstacles to trading in a typically complex and volatile market, especially for inexperienced traders, by monitoring and analysing the cryptocurrency markets for money-making opportunities.
In addition to a demo account for beginners, Qumas AI also provides manual trading for seasoned traders. The Qumas AI bot searches the markets for prospects to execute the orders profitably after receiving the precise variables you want it to utilise when trading.
Qumas AI Pros and Cons
Pros
- The developers assert an impressive profit rate of 85%
- Complimentary Personal account manager
- Functioning in more than 150 countries
- Demo Account and paper trading service provided
- Automated Trading Mode
- Withdrawals are swift
- 24-hour Client Service
- No hidden fees or transaction costs
- Data encryption protocols like SSL and TLS are implemented
Cons
- Not registered with regulatory agencies
- No access for US citizens
- Phone Call KYC is required
- Social trading and community building are extremely poor/non-existent
- No Qumas AI App is available
Is Qumas AI legit?
Qumas AI claims to analyse technical data and other media headlines that could affect an asset’s price. Additionally, since there are no added expenses or deposits required, Qumas AI is a reasonably accessible platform to use.
Because there are so many alternatives accessible, especially considering that the majority are scams, it can be challenging for traders to choose a trustworthy trading bot like the Qumas AI platform. As a result, we have done our utmost to confirm the legitimacy of Qumas AI by performing our due diligence with regard to this trading platform. According to our investigation and examination of a large number of user evaluations, Qumas AI seems to be a dependable bot that has been integrated with FCA- and CySEC-licensed brokers.
Your Qumas AI account is also completely encrypted to prevent hackers from accessing your data and email via the trading platform. It also has hundreds of members who are active in more than 100 nations. Since Qumas AI, like most bots, cannot ensure that you will profit from your trades, as a trader you shouldn’t totally rely on it to manage your trades. When using Qumas AI for trading, you run the risk of losing money, especially if you don’t have a strong strategy and healthy scepticism when supervising your investing activities.
How Does Qumas AI Work?
Williams, Stoch, Trend, and MACD indicators are just a few of the trading methods that the Qumas AI programme employs when analysing the markets.
The Qumas AI trading platform collects statistical information, analyses it, and finds important connections between various factors or types of data, such as price, volume, money flow, etc. These relationships are noted as patterns and cross-referenced with prior information.
The Qumas AI forecasts price changes using fundamental analysis based on social media mentions and news headlines in addition to technical cues. The Qumas AI trading software also allocates 20 minutes daily to assess prospective price adjustments.
Qumas AI Overview
| Minimum Deposit: | $250 |
| Claimed Win Rate: | 85% |
| Withdrawal Timeframe: | 24 Hours |
| The number of Cryptocurrencies Supported: | 13 |
| Supported Cryptocurrencies: | BTC, LTC, ETH, BCH |
| Supported Fiats: | USD, EUR, AUD, CAD |
| Leverage: | 1:100 |
| Native Mobile App: | No |
| Free Demo Account: | Yes |
| Customer Support: | Email, Live chat |
| Verification required: | KYC |
| Automated Trading: | Yes |
| CFD Available: | Yes |
Key Features of Qumas AI
Charts and Tools
You can begin trading on the Qumas AI platform without any prior trading knowledge. Qumas AI software connects to and delivers the trade signals to the exchanges and brokers that it has partnered with automatically.
Additionally, you can work with trade indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) (RSI).
Dedicated account manager and round-the-clock customer service
The platform’s users will have access to all necessary support for trading. Customers can contact the customer support staff, which is available every day of the week, 24/7, to resolve any issues.
Furthermore, Qumas AI provides users with an absolutely free personal account manager who is constantly on call to assist with any inquiries or problems relating to their accounts and trading strategies. The customer service team can be contacted by email or live chat.
Demo Account & Paper Trading Facility
The ability to test out in demo trading for both new and seasoned traders is another essential feature of your Qumas AI account.
Users that utilise this as a trading account can invest in the cryptocurrency markets and trade virtual currencies without having to use real money, which is akin to paper trading, i.e trading with essentially zero capital risk.
The demo account also replicates actual market circumstances and is identical to the genuine trading account. This tool allows traders to gain additional insight into Qumas AI’s operation. Once users are at ease with the platform, they may deposit funds and begin trading in real time.
Leveraged Investing
Qumas AI offers leverage trading, which allows users to increase their stake in trade orders by employing leverage up to 1:100 trading the crypto market. However, it should be emphasised that using the trading system to leverage an asset that is already volatile carries an extreme level of risk, particularly for rookie traders who very well could lose money.
Individualized Trading Parameters
The Qumas AI trading dashboard can be completely customised by users who want to handle their own trading operations in manual mode. Advanced traders can choose which signals and techniques to use based on the state of the market. Beginners can use the fully automated trading option and rely on the bot’s trading patterns powered by AI.
How to Use Qumas AI – Step-by-Step Guide
Step 1: Open an account
To make an account, fill out the form at the top of this page. Users must give their full name, email address, and phone number in order to continue with the account setup process.
Step 2: Verify your Account
The client will get a call from an activation specialist after registering the profile. The user must schedule a future session after verification in order to authenticate their account.
Step 3: Make a Deposit
Before beginning to trade with Qumas AI, customers must place a minimum of $250 into their trading accounts. Traders are allowed to invest using any of the system’s accepted forms of payment. Credit/debit cards, bank transfers, Neteller, MasterCard, and VISA are a few of these.
Step4: Monitor Trading Bot
Customers merely need to click the “Trade” option on the menu to start trading using Qumas AI. Users must modify the system and choose how they want to trade the available cryptocurrencies. Plan and adjust your approach as necessary, and consider utilising take-profit and stop-loss orders to reduce any downside risk.
Qumas AI vs other Trading Robots
To start trading, Qumas AI simply needs a $250 minimum deposit in your trading account. – Before trading can start on other sites, sizable investments are needed. As a result, there is a chance of greater capital loss.
Qumas AI offers a remarkable 85% success rate. – That is less than Immediate Edge (99%), Bitcoin Prime (90%), and Bitcoin Code (99.4%), which are other similar bots.
Qumas AI features a rather straightforward KYC. – For registration, some trading platforms need users to submit a substantial amount of personal data.
Can you make money with Qumas AI?
We struggle to predict how much money you will be able to make in this Qumas AI review because of the severe volatility of the cryptocurrency market. But it all depends on how much you invest and how successful your trading strategies are. More than 90% of your initial investment can be recovered, according to our analysis and bot comparisons.
Keep in mind that utilising Qumas AI to earn money entails more than simply creating an account and letting the trading bot handle everything. You must commit time to market research in order to develop trustworthy and successful trading techniques.
Tips for new traders
- Create a free trial account to get started and practise your trading techniques.
- Avoid trading on the weekends, on federal holidays, and after business hours.
- Never invest more money than you can afford to lose in one transaction. Starting with the minimum deposit is recommended.
- A downturn should be anticipated before making new investments.
- To meet your trading needs and preferences, choose the top exchanges and brokers.
- Verify the security measures in place are working as intended.
- Be sure to research any potential threats as well as the company’s reputation among clients or online users to ensure that your trading journey is a smooth one.
Has Qumas AI Been Endorsed by Celebrities?
Elon Musk
Elon Musk is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Dragons Den
Panellists of the popular show Dragons Den are said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Jeremey Clarkson
Jeremey Clarkson is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Holly Marie Willoughby
Holly Marie Willoughby is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Idris Elba
Idris Elba is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Ant McPartlin
Ant McPartlin is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Nicole Kidman
Nicole Kidman is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Trevor Noah
Trevor Noah is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Gordon Ramsey
Gordon Ramsey is said to have endorsed Qumas AI, but after looking into this, we have to dismiss this as a hoax.
Is It Possible to Withdraw Earnings?
Users of the Qumas AI programme can withdraw earnings whenever they like. They make sure that these requests are handled in under a day. Qumas AI does not hold traders’ money; instead, you can access your money through the providers it is linked to. The right way to withdraw your Qumas AI earnings is outlined below.
- Use your credentials to log into your broker’s account.
- Select the most convenient payment method for you by clicking withdraw.
- Enter the withdrawal amount you want to make.
- Complete the procedure, then wait 24 hours for the money to be transferred to your personal account.
Keep in mind that the majority of brokers associated with Qumas AI do not accept cryptocurrency payouts. To effectively withdraw your money, make sure to convert your assets to fiat currency.
What are the fees for Qumas AI?
Qumas AI is one of the few cryptocurrency trading platforms that does not charge consumers any fees for trading. Additionally, unlike many other trading bots, there are no extra costs. The cryptocurrency trading platform also doesn’t charge any fees for deposits or withdrawals. The initial deposit is set at $250.
- Trading Fees: None
- Account Fees: None
- Deposit/Withdrawal Fees: None
- Software cost: Free
FAQs
Is basic crypto trading knowledge required to use Qumas AI?
Although you don’t have to be an expert in the cryptocurrency market or crypto trading bot algorithms, however using the bot requires at least a rudimentary understanding of the crypto world.
How can I unfreeze my Qumas AI account?
Get in touch with the bot’s support team right away. To ensure the safety of traders, you will be required to complete a request form and take part in the KYC verification process.
Is Qumas AI a scam?
Qumas AI is a trustworthy trading bot that only works with CySEC-licensed brokers.
Is there any risk associated with using Qumas AI?
Qumas AI is not just unregulated but also works with unregulated brokers and exchanges. Because the bulk of crypto trading bots are unregulated and there is some risk involved, you should never spend more money than you can afford to lose. This would be our most important investment advice. Our Qumas AI review is a conclusion summing up our due diligence as well as reflections from several other Qumas AI reviews.
