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QUANTUM METAL Broker Review

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Quantum Metal 2025 Review: Everything You Need to Know

  Quantum Metal has emerged as a significant player in the precious metals investment landscape, particularly within Malaysia. However, it has also attracted scrutiny and skepticism, with several allegations of being a potential scam. This review synthesizes various sources to provide a comprehensive assessment of Quantum Metals offerings, user experiences, and overall credibility.

  Note: It is important to recognize that Quantum Metal operates under different entities across regions, which may lead to varying user experiences and regulatory oversight. This review aims to present a balanced view based on available information from credible sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Experience 4
Trustworthiness 2
User Experience 4

  We score brokers based on user feedback, expert opinions, and factual data regarding their services.

  

Broker Overview

  Founded in 2012, Quantum Metal Sdn Bhd operates primarily in Malaysia and specializes in trading precious metals. The company claims to provide a secure platform for investors looking to buy and sell gold, silver, and other precious metals. However, it currently lacks any valid regulatory oversight, which raises concerns about its legitimacy. Quantum Metal reportedly offers its services through a digital platform but lacks the widely recognized trading platforms like MT4 or MT5, which are standard in the industry.

  

Detailed Breakdown

  Regulated Areas/Regions: Quantum Metal operates without regulatory oversight, which is a significant red flag for potential investors. The absence of regulation means that there are fewer safeguards in place to protect investors.

  Deposit/Withdrawal Currencies/Cryptocurrencies: The platform allows deposits in Malaysian Ringgit (MYR) and has been reported to accept various payment methods, including credit/debit cards and bank transfers. However, specific details on withdrawal methods remain unclear.

  Minimum Deposit: The minimum deposit required to open an account is reported to be MYR 150, which is relatively accessible compared to other brokers.

  Bonuses/Promotions: There is limited information available regarding specific bonuses or promotional offers from Quantum Metal.

  Tradeable Asset Classes: Quantum Metal primarily focuses on precious metals, particularly gold and silver. However, it does not appear to offer a diverse range of asset classes, limiting investment options for clients.

  Costs (Spreads, Fees, Commissions): The fees associated with trading on Quantum Metal are not transparently disclosed, leading to concerns about hidden costs. Some reports indicate a 2.5% commission on gold purchases, which can significantly impact profitability.

  Leverage: Information on leverage options is sparse, but it is crucial for investors to inquire further regarding this aspect, especially since high leverage can amplify both gains and losses.

  Allowed Trading Platforms: Quantum Metal does not utilize popular trading platforms like MT4 or MT5, which may deter experienced traders seeking advanced tools.

  Restricted Regions: While the primary focus is on the Malaysian market, potential restrictions on international clients have not been explicitly stated.

  Available Customer Service Languages: Quantum Metal offers customer support in English and Malay, but user experiences suggest that response times and service quality may vary.

  

Detailed Ratings Breakdown

  

Account Conditions (Rating: 4)

  The account conditions at Quantum Metal appear to be basic, with a minimum deposit requirement of MYR 150. However, the lack of regulatory oversight raises concerns about the safety of funds and the overall reliability of the platform.

  

Tools and Resources (Rating: 5)

  Quantum Metal offers limited tools and resources for traders. The absence of widely recognized trading platforms like MT4 or MT5 restricts access to advanced trading features that many investors expect.

  

Customer Service and Support (Rating: 3)

  User experiences regarding customer support have been mixed. Some users have reported difficulties in reaching customer service representatives, especially when attempting to withdraw funds. This lack of reliable customer support is a significant drawback for potential investors.

  

Trading Experience (Rating: 4)

  The trading experience on Quantum Metal is hampered by the lack of advanced trading tools and features. The platform's simplicity may appeal to beginners, but seasoned traders may find it lacking.

  

Trustworthiness (Rating: 2)

  Trustworthiness is a critical concern for Quantum Metal, as it operates without regulatory oversight. Reports of aggressive sales tactics and difficulties in fund withdrawals further contribute to skepticism regarding its legitimacy.

  

User Experience (Rating: 4)

  Overall user experiences have been varied, with some praising the ease of use while others express frustration over customer service and withdrawal issues. This inconsistency highlights the need for potential investors to conduct thorough research before engaging with Quantum Metal.

  In conclusion, the Quantum Metal review presents a mixed picture of a broker that offers basic services in the precious metals market but is marred by significant concerns regarding its regulatory status and customer support. Potential investors are strongly advised to proceed with caution, conduct extensive research, and consider alternative options that offer more robust regulatory oversight and customer support.

QUANTUM METAL review