Last Updated on February 7, 2023 by Stephan Lindburg
Welcome to our Quantum Pro 360 review. Quantum Pro 360 is advertised as an intuitive trading platform which uses algo-based automation protocols to facilitate seamless trade execution. But is that really the truth or is Quantum Pro 360 just another scam and fake bot? It took us about 10 seconds to realize that Quantum Pro 360 is a scam.
This is largely due to one reason and has to do with the fact that the scammers are resorting to their old tactics and rolling out a cloned website. We don’t need any more evidence in order to reach this conclusion, however our readers need additional proof of scam. For that reason we have decided to launch a full investigation into the inner-workings of this latest farce.
Quantum Pro 360 Broker Check: When we registered and conducted our $250 deposit test, the broker which was allocated to us was named “Web Trader”. Our researchers sniffed around and found out that this broker is not licensed to manage financial portfolios for investors. Simply put, the Web Trader management and staff are operating illegally.
Initial Conclusions: After carefully researching Quantum Pro 360 we have come to realize that this trading app is a scam. Our assertions are based on 3 main facts. The first has to do with the fact that we lost our initial investment after 10 minutes. Secondly, the broker which was chosen for us was unregulated. Finally, there is no software or user interface which allows you to trade. There are more reasons why we have chosen to blacklist this software. They are all presented to our readers in this highly thought-out review.
Affiliate Networks: The real masterminds behind this fake app are affiliate networks and media agencies. This is not unusual since shady systems like Quantum Pro 360 rely on external promoters in order to insulate themselves from lawsuits and angry customers. Affiliate networks operate in tandem with offshore brokers behind the scenes. These networks receive compensation based on the number of depositing customers they refer. Herein lays the conflict of interest and the reason why these promoters will say or do anything in order to convince users to register through their campaign links.
So, if you still want to check out this awful little app we recommend you think twice. Why not take a minute and read our extensive Quantum Pro 360 review. We managed to make some very convincing arguments that should really influence your decision-making process.
Official Quantum Pro 360 Website, Members Area, and Login Page: We spotted at least 3 (three) websites claiming to be the official app. They are all scam.
- 1 Scam Evidence:
- 2 Quantum Pro 360 Fake Testimonials
- 3 Fake Quantum Pro 360 Reviews
- 4 Quantum Pro 360 Fake News
- 5 What Is Quantum Pro 360, Who Is Behind It, And How Does It Work?
- 6 Quantum Pro 360 Review: All The Glitter But No Gold!
- 7 Our $250 Deposit Test: Is Quantum Pro 360 Really Profitable Like Other Sites Claim?
- 8 Testing and Review Methodology
- 9 What Other Websites Are Saying
- 10 Back Testing And Strategies
- 11 Quantum Pro 360: Pros and Cons
- 12 Regulation And Patenting
- 13 Confidentiality And Personal Information
- 14 Security And Safety
- 15 Quantum Pro 360: The Bad And The Ugly (Nothing Good Here)
- 16 Leverage
- 17 Coin Exchanges
- 18 Arbitrage Versus CFD Bots
- 19 Deposits And Withdrawals
- 20 Trustpilot, Reddit, And Other Forums
- 21 Quantum Pro 360 FAQ
- 22 Taxes
- 23 Verdict
OK, so here we have the primary website and registration area for Quantum Pro 360. If it looks familiar then it’s with good reason. This website is basically a template which has been recycled countless times and used to promote new get-rich-quick schemes.
Here we can see how this template was used with another scam we exposed here on our website. For the sake of clarity we have only chosen to present one cloned site. But rest assured, there are at least 30 others which are currently being used in the exact same way.
Quantum Pro 360 Fake Testimonials
Another classic tell sign which indicates to us that we are dealing with a scam has to do with fake testimonials. The entire testimonial section was replicated and copied. There is not one single testimonial which is authentic or real. We are not surprised by this, but we are disgusted nonetheless.
Fake Quantum Pro 360 Reviews
Fake reviews are a must have when it comes to schemes like the Quantum Pro 360 scam. As you can see we have spotted at least one website that has opted to give this platform a score of 4.1 out of 5. There are more like it, and they all belong to the same fraudulent affiliate network. The same network is also responsible for using press release agencies in order to publish paid articles.
This is usually done through Indian press release services. For all intents and purposes one can view this activity as two branches of the same thieving entity. The first one uses the websites it owns, and the second uses paid promotional articles to promote fraudulent software.
Quantum Pro 360 Fake News
So here it is. We already spotted one fake news campaign which is trending now. This time they are using Amazon Chairman Jeff Bezos, but we know there are other names out there. Celebrities and wealth gurus like Tesla CEO Elon Musk, Martin Lewis, Carrie Bickmore, and Gina Rinehart represent a partial yet growing list of fake endorsements.
What Is Quantum Pro 360, Who Is Behind It, And How Does It Work?
Quantum Pro 360 is supposed to be a data-driven automated trading app for cryptocurrencies such as Monero and Ethereum. The app reportedly uses algorithmic automation tools to help traders generate profitable trades. We are not told who is the person or people behind it.
Quantum Pro 360 Review: All The Glitter But No Gold!
So when we started reviewing this trading platform a few things seemed a bit odd or unusual. Particularly troubling were the incessant phone calls we received from a myriad of colorful characters with peculiar accents. After the calls started to abate we started noticing extended lag times and delays on our browser.
A quick virus scan indicated that our computer was infected with spyware, and that happened right after we completed the registration process. After that everything just started to go downhill. We started receiving spam email messages from all kinds of vendors. Offers were primarily gambling-related, but we also got commercial spam regarding all kinds of consumer electronics and software services.
It’s also interesting to point out that during the only conversation we had with our account manager Matthew Blackburn had to do with additional investments. In other words, the only thing that interested “Web Trader” was to get us to invest additional funds. We were offered access to countless bots and trading apps.
It was actually very entertaining to actually have Matthew say that Quantum Pro 360 is a scam and that he can offer us better alternatives. Once he understood we would not budge before seeing some ROI in our balance, Matthew handed our details over to a more senior account manager. That’s when we simply stopped answering the phone calls and filed a spam complaint.
Our $250 Deposit Test: Is Quantum Pro 360 Really Profitable Like Other Sites Claim?
The short answer is no. But here are some facts we have put together for you which explain why. Firstly, as is the case with similar schemes there was no software. This service is all about getting victims to register and fund a trading account. The only way to generate profits is by being a promoter and referring other victims. That is what fake review websites are doing, and it seems they are very good at it.
We know this to be true because we funded a trading account via the Quantum Pro 360 website and lost all our money in a matter of minutes. If you find a person or review website that claims otherwise please refer them to this page and demand they produce valid proof of winnings.
Testing and Review Methodology
We use a very scientific approach when evaluating new systems. The chart below outlines the main criteria or measurement factors we look at when investigating a software or trading app.
|Legal/Regulation Check||Is the app legal?|
|Performance Testing||Test the app in live mode.|
|The Money Trail||Who ends up with the money?|
|Fact Checking!||Make sure to use valid fact-checking resources.|
|Cashier Check||Deposits and withdrawals testing.|
We tried to make it as legible and simple as possible for our readers.
What Other Websites Are Saying
Here are a few excerpts about Quantum Pro 360 taken from other review websites.
- Here’s a wonderful new service designed to make trading easy, fun, and profitable!
- This trading platform is one of the better systems we have had the pleasure of reviewing.
- Fast and profitable trade execution at your fingertips.
There are additional reviews making similar claims, but we believe that’s enough to get our point across.
Back Testing And Strategies
The Quantum Pro 360 scam app does not offer any type of back testing or strategies of any kind. Legitimate trading apps usually offer access to technical indicators and strategies like stochastics or Bollinger Bands, but this does not exist anywhere. To be honest, we were not surprised by this fact but it’s always disappointing to see how people get scammed and end up losing their money.
Quantum Pro 360: Pros and Cons
We added a small pros and cons chart just to help you make sense of the important things. Here it is available below for our readers.
Regulation And Patenting
Quantum Pro 360 is neither patented or regulated in any way. We checked the EU patent office and inquired with the Quantum Pro 360 support staff about patents. It was completely futile, and the same can be said for their legal status. This platform is not licensed by any financial entity such as CySEC, ASIC, BaFIN, CONSOB, or the FCA. We searched for a license number but were not able to find one.
Additionally, we were not able to find any documentation regarding ISO licensing or PCI compliance. Both of these licenses are critical since they are designed to protect consumers from fraud and make sure the software they use passes quality assurance guidelines.
Confidentiality And Personal Information
When you register for these types of systems, it is important you take into account that your personal information will be passed around and rotated. This is done for a variety of reasons, but from a consumer perspective it’s absolutely despicable. It’s also interesting to note that the scammers are not even trying to hide it. If you check the terms and conditions they are literally saying that they act as resellers of commercial data and that they reserve the right to basically do whatever they wish with your personal information.
Security And Safety
Well, security is a tricky issue since it really does depend on how you define it. However, in this specific case it was very easy for us to conclude that Quantum Pro 360 is not a safe trading app.
As we have mentioned previously, we were able to identify spyware that was installed on our browser. After that we noticed a bit of lag or delay in our internet, and that’s when all the popups started to appear.
Quantum Pro 360: The Bad And The Ugly (Nothing Good Here)
It’s quite common to stumble on fraudulent trading apps that don’t offer any access to basic charting software or indicators. That being said, this service beats the lot hands down because we were also advised that sentiment data, market news and analysis, and research tools were also non-existent. This would not be surprising if it were not in direct contradiction to what is plainly stated on the Quantum Pro 360 sales page.
We were also advised that this fake app uses high frequency trading (HFT). This could not be further from the truth as we have noticed delayed execution times on buy and sell orders.
We were offered a leverage of 5000:1. That means the broker is offering you 5000 times your initial deposit. Leverage acts as a kind of loan the brokers offers you, but that money isn’t free. This so-called “benefit” comes with a trading requirement. We have yet to see anyone accept leverage this high and end up winning. In fact, most users end up losing more than they can afford to and that is something which is unacceptable.
We have seen some review websites making falsified statements about how this bogus signals app is compatible with certain cryptocurrency exchanges such as Kraken or Binance. These are outright lies intended to mislead uninformed victims. We urge you to contact these exchanges directly before investing and inquire about Quantum Pro 360. You will be told immediately that it is a scam and to avoid it.
Arbitrage Versus CFD Bots
Arbitrage bots integrate with exchanges and systems like Quantum Pro 360 are only compatible with CFD or contracts for difference brokers. In fact, there is no software at all as we have already mentioned, so in essence there is nothing to compare.
Deposits And Withdrawals
Making a deposit via the Quantum Pro 360 trading app is quite simple. In some cases phone verification is not required, however that is the exception to the rule. You can use Visa or Mastercard to fund your account. If you have a chance to chat with your account manager it’s very possible that they will let you fund it using cryptocurrencies.
On the flip side, if you try making a withdrawal you will see exactly how difficult it can be. Dealing with an insurance company is easier. You will be bombarded with countless forms designed to frustrate you and leave you in dismay. Even after you have filled them out you will be deferred and bounced around from one desk to another. This is intentionally designed to get you to give up and move on. If you are a persistent person and keep trying, chances are your account will be frozen along with any balance which is left.
Trustpilot, Reddit, And Other Forums
Trustpilot is not a reliable reviews platform since it is constantly used by spammers to promote get-rich-quick schemes as well as other consumer products. That being said, many people refer to it. The same is goes for Reddit as well as sitejabber. In all cases this platform has managed to stay in the clear for now and receive no exposure (neither negative nor positive reviews on forums and review platforms). However, once the app goes viral this will change very quickly and the scammers will try to piggyback on Trustpilot’s reputation and add a link in the description to get visitors.
Quantum Pro 360 FAQ
Quantum Pro 360 is reportedly a new trading bot which promises to make insane amounts of money for new members. At best this is a lie, but most likely it is an elaborate scam designed to defraud unsuspecting victims.
No. You can only lose money when using this fake app.
The sites making these false claims are affiliate websites. Every time you register through one of their campaign links they get very sizeable commissions.
We refuse to do it because it is a scam. Other sites don't really care. As long as it sells they will promote it.
No. Facebook ads are very deceptive. Don't believe the ads they are all fake.
Fear not! You will be exempt from paying taxes if you should choose to invest using Quantum Pro 360. That’s because taxes are levied on profits, and this is a losing software. So unless you need to show losses in order to avoid paying taxes, there is no reason for you even think about it.
Alternative Systems That Actually Work
Our researchers go all out and make sure our systems pass all the required testing. On top of that, we only recommend systems we try out ourselves and risk our own money before reaching any conclusions. To that end, every system which can be found on our short list of recommended systems is there on a provisional basis only. It is constantly tested and measured on a periodical basis. So if you are in the market for a tested trading app go ahead and check out our recommended section.
We have decided to blacklist the Quantum Pro 360 scam trading app in our review. Our conclusions are based on well-researched facts and evidence. This software is fraudulent, and the promoters who are peddling this fake app are crooks. We strongly caution our viewers against joining this program. Should you require additional information or clarifications please message us directly. We typically respond within 2-3 working hours.