Quantumator Review – Scam or Legitimate Trading Software
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
Quantumator is a trading platform that claims to provide a user-friendly design and interface coupled with educational resources to help users understand the crypto market. Promising to offer in-built signals and charts, Quantumator advertises itself as an all-in-one trading system.
Are these claims true? This Quantumator review will provide you with the answer to this query to help you decide if this trading software is worth your time and money.
Quantumator Summary
Here are the key details that we are going to look into in our review of Quantumator crypto trading software:
| Supported Crypto | Multiple cryptocurrencies |
| Claimed Success Rate | Not specified as it is not an autonomous trading software |
| Available on Mobile? | No details about a mobile application are specified |
| Fees | No information about a fee structure is provided |
| Customer Support | Accessible to registered traders |
| Withdrawal Speed | It can take up to 24 hours, depending on the payment mode |
| Minimum deposit | No details are provided |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
What is Quantumator?
Understanding the cryptocurrency market when the conditions are volatile is difficult. Quantumator is a crypto trading software that promises to cut through this complexity by providing comprehensive information and educational resources to help users make informed investment decisions.
According to the website, Quantumator’s user-friendly design and interface help users make trading decisions quickly. Helping with this are also built-in signals and analytics that supposedly keep users informed about the latest trends.
In addition to educational resources, and market analysis tools, Quantumator also claims to deliver crypto backtesting features that let users test their trading strategy before implementing them under real market conditions. A demo account is another feature promised by this crypto trading platform that helps beginners get familiarized with these systems.
According to Quantumator, these features are underpinned by security measures, including two-factor authentication and identity verification during the registration process. While it is not clear whether these features are available, initiating the signup process is simple, requiring only some initial details to get started.
Since most of these features are locked behind a minimum deposit requirement, they are mostly claims with no substantiating proof. The minimum deposit requirement, however, is not known, and no details about its fee structure are provided. With so much ambiguity prevalent, we recommend that users only access this platform after independent testing. Invest only the minimum amount, and know that the advertised inclusive features – if available – don’t guarantee profits in a volatile market.
Quantumator Pros and Cons
Pros:
- The official website is full of information
- Offers a simple sign-up process
- Claims to provide a host of market analysis tools for better trading
- Claims to offer simple UI for beginners to make informed investment decisions
- Multiple security features are implemented – according to the claims
Cons
- Most of the information available is vague
- The website provides no details about who created the platform
- No information about the minimum deposit requirement and fee structure is available
How Does Quantumator Work?
Quantumator looks to be a simple crypto trading platform facilitated by inclusive features such as market analysis tools, charting tools, and educational resources. The website’s content shows no indication that the trades on the platform are supported by a crypto trading bot.
It is likely that once users create an account, they get access to a demo trading system to get familiarized with the platform’s trading facilities. The content also hints at the presence of backtesting tools that let users test their strategies before trading. Investors can also look at educational resources and crypto news, which the site claims will keep them updated with the latest happenings of the crypto market.
While these features are standard, Quantumator has one feature that makes it seemingly stand out from conventional trading sites: partnered brokers. These are supposed to be highly experienced professionals who can guide users to buy and sell available digital assets. However, it is not clear whether they are human brokers or robo-advisors.
While these features are common, they couldn’t be verified. That is why we recommend treading carefully when dealing with this site. Invest frugally and only increase your deposits if the features it claims to provide satisfy your investment needs.
Quantumator Key Features
Here are the key features that the Quantumator website claims to offer registered traders:
Market Insights
Quantumator claims to provide market insights that users can leverage to look at market trends – past and present – to determine where the price of an asset is going to go.
Educational Resources and Crypto News
According to the claims, users can look into educational resources on Quantumator. These involve glossaries, trading techniques, and crypto news that keeps users updated about the latest developments in the crypto space.
Crypto Analysis tools
The site promises that users can put their time into crypto charts and other analysis tools to forecast the price of the assets they want to buy or sell. It also states that users will be equipped with multiple indicators, metrics and overlays to identify patterns that can be used to develop unique trading strategies
Account Management Tools
Quantumator also claims to provide account management tools that provide information that users need to make trades. This tool supposedly makes it possible for users to access the platform’s utilities through desktop and mobile.
Trade Management Tools
With trade management tools, users can keep an eye on their trades and track their performance. According to Quantumator, this tool will keep users updated about their own portfolios, letting them make informed decisions when trading during volatile market conditions.
Backtesting Features
Quantumator’s backtesting features seemingly allow users to evaluate the effectiveness of their trading strategies. The platform states that this utility lets users simulate their trade’s performance based on historical price data.
Demo Account
Before trading in live market conditions, investors can learn about the platform via the demo trading account. Users are allowed to test every feature that the site has to offer using a demo trading account – according to the claims.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Quantumator Account fees
Quantumator has provided no insight into the fee structure to use its trading facilities. Users will likely get this info once they reach out to the customer support team.
Quantumator Minimum Deposit
There is no information about the minimum deposit requirement available on the official website. Investors are recommended to inquire about this issue from the customer support representatives. However, similar sites have had their minimum deposit requirement to be around $150 to $300.
Quantumator Compatible Devices
We opened Quantumator’s official website on multiple platforms and found it worked correctly. All the fonts were clear, and the buttons were working. It can’t be said about the official trading platform since that’s locked behind the paywall. But if the website is any hint, users will likely have a streamlined experience when trading.
Is Quantumator a Scam?
Quantumator doesn’t provide enough information that can inform investors whether it is a scam or a legit trading site.
The platform’s official website has a good look and feel, with interactive buttons and a lot of content – which makes it seem like a legit platform. The same goes for its compatibility with multiple devices.
Upon looking deeper, however, users will find that most of the content it offers is superficial. It talks about technical indicators and charting tools but doesn’t clarify what they are. It says that it supports multiple cryptocurrencies but fails to provide any details about what these crypto assets are. The third red flag is the lack of access to the actual trading platform, as it is locked behind a paywall.
Another issue that fogs the legitimacy of this site is the lack of third-party reviews or customer insights. There seems to be no one talking about it, and upon searching for the reviews online, one will find information about other websites with similar names.
Due to the ambiguity this site presents, we recommend only investing a minimum amount and only increasing the deposits if the site performs as advertised. Meanwhile, check out our best crypto presales if you seek unambiguous assets that can provide guaranteed gains to early movers.
Quantumator Customer Support
Customer support is available on Quantumator, but only to those who register. There was no live chat option on the main home page that could help us inquire more about the site, but the website does say that live chat, email and calling options become available once a user creates an account.
How to use Quantumator?
Here are the steps to start using Quantumator:
Step 1 – Visit the Quantumator Website
Go to the official homepage of Quantumator. Fill out the details, including your name, address, and email. Provide a burner phone number to protect your privacy if you wish. This way, the team will only contact you through your email ID.
Step 2 – Make the Minimum Deposit
The site claims that when the account creation process starts, verification is required. Verify the details, and inquire about the minimum deposit. Fund the account.
Step 3 – Start Trading on Quantumator
Once the account is funded, go to the demo account to learn about the platform. Start developing a trading strategy using the available tools and switch to live trading once you’ve learned how the site works.
How to Delete a Quantumator Account?
There is no information on how one can delete their Quantumator account. We recommend talking to customer support to get the answer.
Is Quantumator Endorsed by Celebrities and Big Brands?
Quantumator isn’t being endorsed by any celebrities. The site itself isn’t very well known, and it also doesn’t make any such claims. We recommend ignoring any rumours that are made by any third parties since there is no proof to substantiate them.
Who is the Founder of Quantumator?
Qunatumator has provided no details about who is running the website. The About Us page has only stated that the Quantumator team has “identified trader’s needs” but has provided no information about who these team members are.
Social media websites also don’t have anything on the team or the site itself. The lack of info on the team behind this trading site can be seen as a red flag, especially when it has not been specified anywhere if the site is decentralized.
Latest Bitcoin News
As understanding the latest updates about Bitcoin is key to trading informedly, here is the latest Bitcoin news to know:
- Bitcoin has dropped below the $30k mark to the $26k region in response to Chinese Real Estate firm, Evergrande going bankrupt and SpaceX selling off its Bitcoin holdings.
- Bitcoin’s current trend indicates accumulation around the $26k mark. There seems to be concerted efforts to maintain its current support, which may lead to a rebound.
- Update – the Bitcoin price rebounded on news of Grayscale winning its case against the SEC – or at least winning the right to a review over its spot Bitcoin ETF application.
The Verdict
Quantumator seems to offer a simple trading tool complete with educational resources, charting tools, market insights, indicators, and more, all wrapped inside an interactive UI with robust security features.
The problem is that these are only claims with no evidence to substantiate them. It also doesn’t help that the website’s content is vague at best, and information about the makers of this site is not available. We recommend exercising caution when using this platform and consulting a range of Quantumator reviews.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Quantumator FAQs
What is Quantumator?
Quantumator is a crypto trading platform that claims to offer a bouquet of standard trading tools, complete with educational resources and market insights, to help beginners and veteran traders make informed investment decisions. It doesn’t have any autonomous trading features and claims to focus on bringing simplicity to cryptocurrency trading.
Does Elon Musk endorse Quantumator?
Quantumator is a little-known platform with no presence on social media and no claims on the official website that say anything about an endorsement from Elon Musk.
