One of the first disturbing facts about this company is that they are not sharing any legal information. Starting with a legally registered name, company address, or contact details. Yet, they expect you to trust their word.
Luckily, there are some hints you can find in our detailed Quantum Trade Wave review. Hopefully, it will help you avoid getting trapped with some shady brokers in the future.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | |
| Have Warnings from: | N/A |
| Registered in: | N/A |
| Operating since: | 2023 |
| Trading Platforms: | Proprietary web-trader |
| Maximum Leverage: | N/A |
| Minimum Deposit: | N/A |
| Deposit Bonus: | Not available |
| Trading Assets: | Cryptocurrencies |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Regardless of the efficiency of this platform, your withdrawal depends on the affiliate company they are working with. Most likely, you are trading with unregulated ones considering their disclaimers. Therefore, for any withdrawal issues, contact our refund experts for advice. |
Legal info: Is Quantum Trade Wave legit?
In one way, we can say that Quantum Trade Wave could be legit. They tell traders clearly in disclaimers what can happen. Therefore, it’s the traders’ fault if they crack under pressure. On the other hand, there are other signs of the Quantum Trade Wave scam.
Firstly, with those disclaimers, it’s obvious this firm is connected with shady brokerages. Not all of them are unreliable, for sure. However, with such a presentation, you can’t expect anything good. In any case, the best advice you can get is to stick to Tier 1 licensed firms. Preferably ones with FCA, BaFin, or ASIC licenses.
Who are Quantum Trade Wave clients?
Another reason not to trust this company is because they are freshly registered. According to who.is, they have been active only since February 2023. Victims that are mainly lured into their website come from:
- Australia
- United Kingdom
- Germany
- United States
- Italy
Since nobody talks about this software at all, you could be the first one. Feel free to share your opinion in the comments below. But also you can contact us directly if you need advice about the refund options.
Leverage, Commissions, Spreads, Fees and Taxes
Apparently, the Quantum Trade Wave trading is based on the commission. They will get something from the companies they are working with. For this reason, initial fees for the platform are not required. Neither does the company charge any other regular fees. The only cost you have is to deposit with some unknown brokerage to get access to the platform.
Bonuses
Welcome bonus offers are quite popular in the trading world. On the one hand, you have legitimate firms that tell you transparently everything about it. But also, some swindlers will hide some details. For instance, minimum trading volume requirements.
This way, they ensure traders can’t withdraw any money unless they meet the conditions. Luckily, Quantum Trade Wave doesn’t include bonuses in the offers. But their affiliated brokerages might do.
Quantum Trade Wave Trading Features
The most important fact traders have to understand is that this platform is only for cryptos. With its volatility and still many speculations, it’s hard to predict any price movement.
The company offers analysis, reporting, and charting features. Practically, nothing that you can’t get with any other Tier 1 licensed firm. You can also check that through our RCG Markets review.
Trading Platforms Available
If you are still wondering if Quantum Trade Wave is legit, check their platform. It’s a web-based one with just basic functionalities. Why they can say it’s so successful is because of manipulation availability.
All the brokerages using web traders can easily modify market data and make it look like you are winning. That’s why we recommend cTrader or MetaTrader instead. Both reliable and trusted third-party options.
Available Trading Assets
According to the company, they specialize in crypto trading. With more than 150 crypto assets available, some might think it’s a great offer. Yet, without credibility, it’s hard to trust any company. Anyway, you should rather invest with a Tier 1 licensed exchange.
Account Types
Unfortunately, the account types offered are unknown before registration. You see the options only once you start communicating with the affiliated brokerage. But if the company is not regulated, you shouldn’t choose any.
Mobile Trading App
Another big problem with this software is that it’s not available on a mobile device, at least not in the form of a dedicated iOS or Android app. In general, this can bring a lot of issues in different trading strategies. But to know what options to choose from, you can go through our VoloFinance review and discover more tips.
Demo Account
Of course, with a company hiding so many details, we didn’t expect platform transparency. That clearly tells you they are not up to good. But even with companies you will be assigned with, you have to be careful.
Education
Since this firm operates just as an affiliate company, educational programs are not included. But every trading firm should offer at least some kind of education, such as webinars, live sessions, events, or something similar. However, if the company is not licensed, all that is irrelevant.
Quantum Trade Wave Withdrawal
Since this platform is free, withdrawals depend solely on the brokerage. Therefore, make sure you do your research before depositing any money. Be aware of the pressure agents can put on clients to make them deposit earlier.
Also, make sure to check the withdrawal policy and investigate all the potential flaws. Only that way, you can make sure not to get scammed.
Customer Support
Another key fact about this company is the customer support. To be precise, a lack of it. The only way to get in touch with them is through the web contact form. But once they transfer you to the brokerage to work with, you can most likely forget about any response from the Quantum Trade Wave team.
Key Information To Consider About Quantum Trade Wave
The biggest issue with this firm is that you don’t know who you are dealing with. They are completely anonymous companies with too many risks involved. Primarily companies they are representing. But traders don’t know that before they register with them.
But if you signed up with this or any similar software and you got scammed, don’t worry. Our refund specialists can guide you step-by-step through the refund procedure. But most importantly, we are not charging anything for the first consultation. Therefore, send us a message as soon as possible. Don’t let anyone get away with your hard-earned money!
FAQ Section
What is Quantum Trade Wave?
Quantum Trade Wave is an affiliate campaign for the crypto trading platform that has been active since February 2023.
Is Quantum Trade Wave Legitimate?
No. The company is not transparent about ownership and address information. Neither do they transparently present their partners.
How to Recover Money from a Fake Trading Platform?
The only way to recover money from fake platforms is through chargeback or alternative refund methods. For detailed guidance, contact our refund team.
