In order to improve their chances of success as the cryptocurrency market grows more competitive, traders use automated solutions. One such solution is Qumas AI. It distinguishes itself by foreseeing price patterns using both fundamental and technical analysis.
What the trading robot is, how it functions, its advantages and disadvantages, what to anticipate when using it in practise, things to take into account before using it, and how to start are all covered in this review.
We’ve considered a variety of factors in our Qumas AI review, and we find the program’s extensive range of crypto trading skills to be highly intriguing. The Qumas AI tool helps both new and experienced traders make more money from trading on the cryptocurrency and forex markets by utilising AI-powered market research.
What Is Qumas AI?
The Qumas AI trading platform uses artificial intelligence to analyse trade signals and price charts of various cryptocurrencies as well as take into consideration a variety of other technical elements in order to enable you start trading with digital assets like Bitcoin and Ethereum profitably.
The Qumas AI application scans cryptocurrency marketplaces for the best purchase and sell prices to do this. Qumas AI is successful in lowering barriers to trading in a typically complex and unpredictable market, especially for novice traders, by monitoring and analysing the cryptocurrency markets for profit-making potential.
Qumas AI offers manual trading for seasoned traders in addition to a demo account for new traders. The Qumas AI bot analyses the markets for opportunities to execute the trades profitably after receiving the precise trading inputs you want it to utilise.
Qumas AI Pros and Cons
- The developers claim an astounding 85% profit rate.
- Personal account manager without charge
- Operating in more than 150 nations
- Demo account and a paper trading service.
- Mode of Automated Trading
- Withdrawals happen quickly
- 24/7 Client Support
- No further prices or fees are disclosed.
- Implemented are data encryption methods like SSL and TLS.
- Not registered with the appropriate authorities
- US citizens cannot access this
- Telephone Call KYC is necessary
- The development of social trading and communities is severely limited or nonexistent.
- There isn’t a Qumas AI app yet.
Is Qumas AI legit?
Qumas AI asserts to analyse technical information and other news stories that might influence the price of an asset. Qumas AI is a relatively accessible platform to utilise as there are no additional costs or deposits needed.
It can be difficult for traders to select a reliable trading bot like the Qumas AI platform because there are so many options. As a result, by conducting our due diligence with relation to this trading platform, we have done everything possible to verify the legitimacy of Qumas AI. Our analysis and examination of several user reviews led us to the conclusion that Qumas AI is a legitimate trading platform that has been integrated with FCA- and CySEC-licensed brokers.
Additionally, your Qumas AI account is entirely encrypted to stop hackers from using the live trading platform to access your data and emails. Additionally, it has hundreds of users that are active in over 100 different countries. As a trader, you shouldn’t completely rely on Qumas AI to manage your trades because, like most bots, it cannot guarantee that you will benefit from your trades. You incur the danger of losing money while utilising Qumas AI for trading, especially if you don’t have a solid plan and a good dose of scepticism when managing your investing activities.
How Does Qumas AI Work?
Qumas AI claims that their programme analyses the markets using a variety of trading techniques, including Williams, Stoch, Trend, and MACD indicators.
The Qumas AI trading platform gathers statistical data, analyses it, and identifies significant relationships between various elements or types of data, including price, volume, money movement, etc. These connections are identified as patterns and compared to earlier data.
In addition to technical indicators, the Qumas AI works through fundamental analysis to predict price fluctuations based on news headlines and social media mentions. Additionally, the Qumas AI trading software allots 20 minutes each day to analyse potential price changes.
Qumas AI Overview
|Claimed Win Rate:||85%|
|Withdrawal Timeframe:||24 Hours|
|Number of Cryptocurrencies Supported:||13|
|Supported Cryptocurrencies:||BTC, LTC, ETH, BCH|
|Supported Fiats:||USD, EUR, AUD, CAD|
|Native Mobile App:||No|
|Free Demo Account:||Yes|
|Customer Support:||Email, Live chat|
Key Features of Qumas AI Software
Charts and Tools
Without any prior trading experience, you can start trading on the Qumas AI platform. The exchanges and brokers that Qumas AI has worked with are automatically connected to and given the trade signals.
Additionally, you can use trading indicators like the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) (RSI).
Dedicated account manager and round-the-clock customer service
Qumas AI users will have access to all required trade assistance. To fix any problems, customers can get in touch with the customer support team, which is available every day of the week, 24/7.
Additionally, Qumas AI offers users a totally free personal account manager who is always available to help with any questions or issues connected to their accounts and trading plans. Email or live chat are two ways to get in touch with the customer care staff.
Demo Account & Paper Trading Facility
An additional crucial component of your Qumas AI account is the capability to practise in demo trading for both novice and experienced traders.
Users who use this as a trading account can trade virtual currencies and invest in the cryptocurrency markets without using actual money, which is similar to paper trading, or trading with virtually no capital risk.
The demo account is equal to the real trading account and replicates realistic market conditions as well. Traders can use this tool to learn more about how Qumas AI functions. After becoming comfortable with the site, customers can deposit money and start trading in real time.
Leverage trading is a feature of Qumas AI that enables users to enhance their stake in trade orders by using leverage of up to 1:100 when trading the cryptocurrency market. It should be emphasised, nonetheless, that using the trading method to leverage an asset with a high level of volatility entails a very high level of risk, especially for inexperienced traders who may very easily lose money.
Individualized Trading Parameters
Users who choose to manage their own trading activities manually can totally customise the Qumas AI trading panel. Depending on the status of the market, advanced traders can decide which signals and approaches to apply. Beginners can utilise the fully automatic trading option and depend on the bot’s AI-powered trading patterns.
How to Use Qumas AI – Step-by-Step Guide
The account setup process for Bitindex AI has been given below.
Step 1: Open an account
Fill out the form at the top of this page to create a Qumas AI free account. To continue with the account setup procedure, users must provide their full name, email address, and phone number.
Step 2: Verify your Account
After registering the profile, an activation professional will call the client. After verification, the user must plan a future session to validate their account.
Step 3: Make an Initial Deposit
Customers must deposit a minimum of $250 as the initial deposit into their trading accounts before using Qumas AI. Traders may invest using any of the accepted payment methods on the system. Some of these are bank transfers, credit/debit cards, Neteller, MasterCard, and VISA.
Step4: Monitor Trading Bot
Users must tweak the system and choose how they want to trade the available cryptocurrencies. Customers only need to click the “Trade” option on the menu to begin trading using Qumas AI with their live trading account. To lessen any downside risk, try using take-profit and stop-loss orders. Plan and modify your strategy as necessary.
Qumas AI vs other Trading Robots
Qumas AI just requires a $250 minimum investment in your trading account to begin trading. – Significant investments are required before trading on other sites may begin. There is a higher possibility of capital loss as a result.
The astounding 85% success rate of Qumas AI is impressive. – That is less than other similar bots like Immediate Edge (99%), Bitcoin Prime (90%), and Bitcoin Code (99.4%).
Qumas AI has a relatively simple KYC. – Some trading platforms need a significant amount of personal information from users in order to register.
Can you make money with Qumas AI?
The extreme volatility of the cryptocurrency market makes it difficult for us to estimate how much money you will be able to make with this Qumas AI review. But it all depends on your investment level and the effectiveness of your trading methods. Our analysis and bot comparisons show that you can recover more than 90% of your initial investment.
Using Qumas AI to make money requires more than just opening an account and letting the trading bot handle everything, so keep that in mind. You must invest time in market research if you want to create reliable and effective trading strategies.
Tips for new traders
- To get started and hone your trading strategies, register for a free trial account.
- On the weekends, on federal holidays, and after business hours, stay away from trading.
- Never put more money into a single transaction than you can afford to lose. It is advised to start with the smallest deposit possible.
- Making fresh investments should be postponed until a slump is forecasted.
- Select the best exchanges and brokers to suit your trading requirements and preferences.
- Check to see that the security mechanisms are functioning as planned.
- To make sure that your trading journey is a seamless one, be careful to examine any potential hazards as well as the company’s reputation among customers or online users.
Has Qumas AI Been Endorsed by Celebrities?
We have to reject the claim that Elon Musk has promoted official Qumas AI markets as a scam after further investigation.
Is Qumas AI featured in Dragons Den?
We have to reject the claim that Dragons Den panellists have supported or use Qumas AI as a fake after further investigation.
We have to reject the claim that Jeremey Clarkson has promoted Qumas AI as a fake after further investigation.
Holly Marie Willoughby
The claim that Holly Marie Willoughby has endorsed Qumas AI for cryptocurrency trading must be rejected as a fake after further investigation.
We have to reject the claim that Idris Elba has promoted Qumas AI as a fake after further investigation.
The claim that Ant McPartlin supported Qumas AI has to be rejected as a fake after further investigation.
The claim that Nicole Kidman has promoted Qumas AI must be rejected as a scam after further investigation.
The claim that Trevor Noah has promoted Qumas AI must be rejected as a fake after further investigation.
The claim that Gordon Ramsey has backed Qumas AI must be rejected as a fake after further investigation.
Is It Possible to Withdraw Earnings?
Users of the Qumas AI programme can withdraw earnings whenever they choose. They guarantee that these requests are processed in less than a day. The money of traders is not held by Qumas AI; rather, it is accessible through the providers it is linked to. Below is a description of how to withdraw your Qumas AI earnings properly.
- Log in to your broker’s account using your login information.
- By choosing withdraw, you can choose the payment option that best suits your needs.
- Put in the desired withdrawal amount.
- Once you’ve finished the process, allow 24 hours for the funds to be sent to your individual bank account.
Remember that the vast majority of brokers connected to Qumas AI do not accept payouts in cryptocurrencies. Make sure to convert your assets to fiat currency in order to withdraw your money successfully.
What are the fees for Qumas AI?
One of the few platforms for trading cryptocurrencies that don’t charge users any commissions or hidden costs is Qumas AI. Additionally, there are no additional fees, in contrast to many other trading bots. Additionally, there are no transaction fees on the bitcoin trading platform for deposits or withdrawals. The introductory down payment is $250.
- Trading Fees on Profitable Trades: None
- Account Fees: None
- Deposit/Withdrawal Fees: None
- Software cost: Free
Although utilising the bot requires at least a basic awareness of the cryptocurrency world, you don’t need to be an expert in the crypto market or crypto trading bot algorithms.
Contact the bot’s support staff as soon as possible. You will be asked to fill up a request form and participate in the KYC verification procedure in order to ensure the security of traders.
The reliable trading bot Qumas AI only engages with CySEC-approved brokers.
In addition to being unregulated, Qumas AI also collaborates with unregulated brokers and exchanges. Never spend more money than you can afford to lose because most crypto trading bots are unregulated and contain some risk. Our most crucial investment advice would be this. Our Qumas AI review is the result of our investigation as well as observations from other Qumas AI reviews.