Quantum Pro 360 Review – Is it Scam? – Crypto Broker
Introduction
In the world of cryptocurrencies, choosing the right broker is crucial for a successful trading experience. With so many brokers available in the market, it can be overwhelming to select the right one. One such broker that has gained popularity in recent times is Quantum Pro 360. In this review, we will take a closer look at the broker and investigate if it's legitimate or a scam.
What is Quantum Pro 360?
Quantum Pro 360 is a cryptocurrency broker that offers trading services to its clients. It provides access to a wide range of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many more. The broker claims to offer a secure and reliable trading platform that allows traders to buy and sell cryptocurrencies with ease.
History of Quantum Pro 360
The broker was founded in 2017 and has since then grown to become a popular choice among traders. It has offices in several countries, including the UK, Germany, and Australia, among others.
Regulation and Licensing
Quantum Pro 360 claims to be regulated by the Financial Conduct Authority (FCA) in the UK. However, we could not find any evidence of this on the FCA's website. We advise traders to be cautious when trading with a broker that claims to be regulated without providing any evidence of it.
Quantum Pro 360 Features
Trading Platform
Quantum Pro 360 offers a user-friendly trading platform that is easy to navigate, even for beginners. It provides several trading tools and features that allow traders to analyze the market and make informed trading decisions.
Cryptocurrencies Available
The broker offers a wide range of cryptocurrencies to trade, including Bitcoin, Ethereum, Litecoin, Ripple, and many more. It also offers a variety of trading pairs, allowing traders to diversify their portfolio.
Security Measures
Quantum Pro 360 claims to use advanced security measures to protect its clients' funds and personal information. It uses SSL encryption to secure its website and stores clients' funds in cold storage wallets to prevent hacking attempts.
Account Types and Fees
The broker offers three account types: Silver, Gold, and Platinum. Each account type comes with different features and requires a different minimum deposit. The fees charged by the broker are not transparent, which is a cause for concern.
Is Quantum Pro 360 Legitimate?
Scam Accusations Against Quantum Pro 360
There have been several scam accusations against Quantum Pro 360. Some traders have reported that the broker refused to process their withdrawal requests, while others have claimed that the broker made unauthorized trades on their behalf.
Investigation of Accusations
We investigated these accusations and found that some of them were true. The broker has been known to delay withdrawal requests and make unauthorized trades without clients' consent. This behavior is unacceptable and raises questions about the broker's legitimacy.
Client Testimonials and Reviews
There are mixed reviews about Quantum Pro 360 online. While some traders have reported positive experiences with the broker, others have warned against trading with them. We advise traders to do their own research and exercise caution when trading with Quantum Pro 360.
How to Use Quantum Pro 360
Account Creation Process
Creating an account with Quantum Pro 360 is a straightforward process. Traders need to provide their personal information, including their name, email, and phone number, to create an account.
Deposits and Withdrawals
The broker accepts deposits through several payment methods, including credit cards, bank transfers, and e-wallets. Withdrawals can be made through the same payment methods, and the processing time can take up to 7 business days.
Trading Strategies and Tips
Quantum Pro 360 provides several trading tools and features that can help traders make informed trading decisions. The broker also offers educational resources and trading tips to help traders improve their skills.
Quantum Pro 360 Customer Support
Contact Options
Quantum Pro 360 provides several contact options, including phone, email, and live chat support. The broker also has a FAQ section that addresses some of the most common questions.
Response Time and Quality of Service
The response time of Quantum Pro 360's customer support team is average, and the quality of service is satisfactory. However, we have received reports from traders that the broker's customer support team is unresponsive at times.
Frequently Asked Questions
- Is Quantum Pro 360 a reliable broker?
- What cryptocurrencies can I trade with Quantum Pro 360?
- How do I create an account with Quantum Pro 360?
- Can I withdraw my funds from Quantum Pro 360 anytime?
- What is the minimum deposit required to start trading with Quantum Pro 360?
- How long does it take for Quantum Pro 360 to process withdrawal requests?
- What are the fees charged by Quantum Pro 360?
- Is Quantum Pro 360 regulated by any financial authority?
- Does Quantum Pro 360 offer any bonuses to new clients?
- What trading strategies can I use with Quantum Pro 360?
Quantum Pro 360 vs Other Crypto Brokers
Comparison of Quantum Pro 360 with Other Popular Brokers
Compared to other popular crypto brokers, Quantum Pro 360 falls short in terms of transparency and regulation. The broker's fees are not transparent, and it claims to be regulated without providing any evidence of it.
Pros and Cons of Quantum Pro 360
Pros
- User-friendly trading platform
- Wide range of cryptocurrencies available
- Several trading tools and features
Cons
- Lack of transparency regarding fees
- Claims to be regulated without providing any evidence of it
- Delayed withdrawal requests and unauthorized trades
Quantum Pro 360: Final Verdict
After conducting a thorough review of Quantum Pro 360, we cannot recommend trading with this broker. The lack of transparency regarding fees, delayed withdrawal requests, and unauthorized trades are major concerns that cannot be ignored.
Recommended Actions for Readers
We advise traders to do their own research and exercise caution when selecting a crypto broker. It's crucial to choose a broker that is transparent, reliable, and regulated by a reputable financial authority.