Over a decade since the creation of Bitcoin, cryptocurrency remains all the rage among investors. Thanks to the rise of cryptocurrency exchanges and discount brokers, investing isn’t only for the big spenders anymore. In fact, anyone with access to the Internet and a bit of free time can start buying and selling crypto.
Nevertheless, there are a few potential pitfalls that beginner traders will do well to avoid. One of them is trading with the wrong kind of brokerage. Due to cryptocurrencies’ high popularity and largely unregulated status, many scams have taken root in the industry, preying on unsuspecting newcomers.
Is there any way to avoid them? Quantum Prime Profit may offer one! This brand-new service claims it can help traders find the ideal trading platform for their needs that will exceed their expectations. Do you wish to know more? Keep reading to get the full scoop on this platform and see if it may be the right tool for you.
Introduction to Quantum Prime Profit
First, we must establish that Quantum Prime Profit is not a cryptocurrency broker. Though some Quantum Prime Profit review articles may have classified it as a trading platform, it does not appear to be one. At least, its website doesn’t offer trading services directly. It’s also not a portfolio management platform.
Instead, it serves as a bridge between crypto investors on one end and brokers on the other. It allows them to find each other by using sophisticated AI algorithms to pair them.
Does this sound a little complicated? Imagine there is a pool of thousands of broker companies on one side. Perhaps they are all equally good at what they do, and many of them offer the same third-party trading software anyway. In addition, there is also a huge overlap in their services. As a result, it’s a little difficult for any one company to stand out among the rest.
On the other hand, there are millions of casual and professional traders surfing the web, looking for a suitable broker. While some people may be fine going with whatever brokerage they stumble upon by chance, not everyone thinks this way. Many traders like to research the company first and ensure they’re making a good choice. At the same time, considering all the similarities between brokers, making that choice can seem a bit impossible.
That is why Quantum Prime Profit stands in the middle. Its software aims to guide traders to pre-approved brokerages, helping out both sides.
Quantum Prime Profit Key Benefits
Now that you understand the basics of this platform, we can look deeper into how it may benefit you.
The site claims that it performs an in-depth analysis of the cryptocurrency market to identify the best brokers in various regions. When it finds a company that meets its steep criteria, the website offers to become its affiliate partner. That is how the platform has accumulated a growing list of esteemed companies it can recommend to its customers.
Below we’ve outlined some of their main points of interest . We believe this constellation of features and attractive trading conditions can benefit a wide range of traders.
Though the platform outwardly focuses on cryptocurrency, it can grant you access to much more. The company has purposefully partnered with brokers that offer not just crypto but also forex pairs, company shares, futures, CFDs, and many other investment instruments.
Quantum Prime Profit recognises the need for portfolio diversification, especially when dealing with an asset as volatile as cryptocurrency. For this reason, the platform only recommends brokers with long, versatile asset listings. That way, you can spread your investments and hedge your portfolio against risk.
Quantum Prime Profit values expertise and reputation. It claims that the vast majority of its partners work with world-class trading platforms such as MetaTrader 4, MetaTrader 5, and similar, tried-and-true software. These robust crypto trading platforms are famous for their highly-accurate real-time quotes, processing crypto transactions with minimum slippage. They also support different order types and provide additional trading signals and add-ons for the optimal trading experience.
In addition, its partners allow the use of trading robots. Thus, if you are someone who enjoys using automated trading tools, you will be able to take advantage of them.
Suitable for Beginners
Though Quantum Prime Profit certainly brings a lot to the table, it does it in a user-friendly way. Not only is its website quite simple and easy to navigate, but the brokerages it has chosen to work with offer a number of tools specifically designed to help trading novices.
For one, its partners offer demo trading accounts. Demo mode is an excellent way to learn how a trading platform works, test our various trading strategies, and so on. It uses virtual currency, so it’s perfectly safe. Neither your wins nor your losses matter on a demo account – it’s only there to help you learn.
In addition, the platform’s partners offer different educational resources. From short videos and articles to full-length, in-depth lectures on market topics, you can polish your skills for free with the help of your broker.
And if you have any other questions, all of their brokers offer 24/7 customer support.
Free & Accessible
Perhaps the strongest feature of Quantum Prime Profit is that it’s free. That’s right – you can use the platform to discover a high-quality crypto broker without spending anything. The site receives its compensation from its partners and has deliberately chosen to keep its platform free for traders.
This means that if you try it and for some reason don’t like the broker you are paired with, you wouldn’t have to feel as if you’ve wasted your money – because it doesn’t cost anything. You can try it comfortably and without fear, and decide for yourself whether to trade with the broker this app recommends.
What’s more, if you do stick to platform’s picks, know that its brokers ask for a minimum deposit of at least $250. Though not the absolute lowest, this number is still highly accessible and much lower than what most of the industry expects you to start investing with. So even if you’re a small-time investor, you can use the application and its partners.
Should You Try Quantum Prime Profit?
There are many compelling reasons why you might want to try it. To begin with, the company claims it only recommends top-tier brokers with excellent user feedback who offer reliable software and a variety of assets and payment methods to make trading comfortable.
Secondly, opening an account is free. So, testing the platform won’t cost you anything. Who knows, you might discover your next favourite brokerage this way! Just remember to assess your risk tolerance, do research before you begin trading, and keep your investments to a level that suits your budget.