Score

1.25 /10
Danger

RAINMAKER QUANTUM

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.98

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

RAINMAKER QUANTUM · Company summary
Aspect Information
Company Name Rainmaker Quantum
Registered Country/Area China
Founded Year 2022
Regulation Not regulated
Minimum Deposit $100
Maximum Leverage Up to 1:500
Spreads 0.1 pips for most currency pairs
Trading Platforms Trading platform driven by AI and quantum computing
Tradable Assets Forex, commodities ,indices,cryptocurrencies
Account Types Standard account
Customer Support Email at support@rainmakerquantum.com
Deposit & Withdrawal Credit cards, debit cards, wire transfers
Educational Resources Learning center and demo accounts

Overview of Rainmaker Quantum

Founded in China in 2022, Rainmaker Quantum's trading platform is at the forefront of technological innovation, with a primary focus on artificial intelligence (AI) and quantum computing for finance and trading. It offers a diverse range of trading assets, including over 100 currency pairs in the Forex market, various commodities like gold, oil, and silver, a selection of key indices such as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite, as well as multiple cryptocurrencies. However, it's important to note that Rainmaker Quantum operates without regulatory oversight, which introduces inherent risks for investors and clients .

Overview of Rainmaker Quantum

Is RAINMAKER QUANTUM legit or a scam?

RAINMAKER QUANTUM operates without regulatory oversight, posing inherent risks. The absence of regulatory scrutiny leaves investors and clients vulnerable to potential misconduct, fraud, and unethical practices. Without regulatory checks, there is no assurance of fair business practices, transparency, or the protection of investor interests. Lack of oversight can lead to unchecked risk-taking and financial instability, potentially jeopardizing the financial well-being of those involved. In regulated environments, investors are afforded legal protections and security measures, which are absent when dealing with unregulated entities like RAINMAKER QUANTUM. It's essential for investors to exercise caution and due diligence in such situations.

Pros and Cons

Pros Cons
Advanced Technology (AI and Quantum Computing) Lack of Regulatory Oversight
Diverse Trading Assets Not available in some countries or regions
Low Minimum Deposit
Demo Account for Risk-Free Practice
Rich Educational Resources
24/7 customer support

Pros:

  1. Advanced Technology (AI and Quantum Computing): Rainmaker Quantum utilizes cutting-edge AI and quantum computing, providing traders with advanced tools and data analysis capabilities to make informed decisions.

  2. Diverse Trading Assets: The platform offers a broad range of trading assets, including Forex, commodities, indices, and cryptocurrencies. This diversity provides traders with various investment opportunities.

  3. Low Minimum Deposit: With a minimum deposit requirement of just $100, Rainmaker Quantum makes trading accessible to a wide range of investors, including those with limited initial capital.

  4. Demo Account for Risk-Free Practice: Rainmaker Quantum offers a demo account, enabling users to practice trading without risking real money. This risk-free environment is invaluable for skill development.

  5. Rich Educational Resources: The platform provides an extensive collection of educational resources, including articles, videos, and webinars. These materials empower traders with valuable insights and knowledge.

  6. 24/7 Customer Support: Rainmaker Quantum offers round-the-clock customer support, available in English, Chinese, and Japanese. This ensures users have access to assistance whenever they need it.

Cons:

  1. Lack of Regulatory Oversight: Rainmaker Quantum operates without regulatory oversight, which may expose investors and clients to potential risks, including misconduct, fraud, and unethical practices. The absence of regulatory checks means there's no assurance of fair business practices or investor protection.

  2. Not Available in Some Countries or Regions: Rainmaker Quantum may not be accessible in certain countries or regions due to regulatory restrictions or other limitations. Prospective traders should check if the platform is available in their location.

Market Instruments

Rainmaker Quantum provides a diverse array of trading assets across multiple financial markets.

Forex:Rainmaker Quantum offers over 100 currency pairs for trading. This extensive selection allows traders to participate in global currency exchange, which is a fundamental aspect of the financial markets.

Commodities:Rainmaker Quantum provides a variety of commodities for trading, including gold, oil, and silver. These physical assets represent critical elements of the global economy and serve as both investment vehicles and hedges against market volatility.

Indices:Rainmaker Quantum offers a variety of indices for trading, including the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite. These indices are pivotal indicators of the performance of the U.S. stock market, offering opportunities for investors to gain exposure to a broad spectrum of equities.

Cryptocurrencies:For cryptocurrency enthusiasts, Rainmaker Quantum offers a variety of digital assets for trading, including cryptocurrencies like Bitcoin, Ethereum, and Litecoin. These digital currencies have gained significant popularity in recent years and have become a noteworthy addition to the modern trading landscape.

Rainmaker Quantum's diverse range of trading assets presents traders with opportunities to engage in various markets, each carrying its own set of unique risk factors and potential rewards.

Account Types

Rainmaker Quantum offers a Standard account type with a leverage of 1:500, featuring impressively tight spreads as low as 0.1 pips. Traders can access this account with a minimum deposit of just $100. Moreover, a demo account is available, allowing users to hone their skills risk-free. The trading platform is powered by advanced AI and quantum computing, providing a technologically-driven approach to trading. Additionally, a reasonable commission of $1 per lot further enhances the appeal of this account type.

Aspect Account Type
Account Type Standard
Leverage 1:500
Spread As low as 0.1 pips
Commission $1 per lot
Minimum Deposit $100
Demo Account Yes
Trading Tool Trading platform driven by AI and quantum computing
Customer Support 24/7 in English, Chinese, and Japanese

How to Open an Account?

To open an account with Rainmaker Quantum, follow these 5 concrete steps:

  1. Visit the Website:Start by visiting the Rainmaker Quantum website. Navigate to the “Register”section: https://app.rainmakerquantum.com/register

  2. Complete Registration:

    Fill out the online registration form with your personal information, including your name, contact details, and email address.

  3. Verify Identity:

    Upload the necessary identification documents, such as a valid passport or driver's license, to comply with Know Your Customer (KYC) regulations. This step is crucial for account security.

  4. Deposit Funds:

    Fund your account with a minimum deposit. You can usually do this through a range of payment options, such as credit cards, bank transfers, or e-wallets.

  5. Confirmation and Access:

    After submitting your documents and deposit, Rainmaker Quantum will review and confirm your account. Once approved, you'll receive login credentials to access the trading platform, where you can start trading and managing your account.

Open an Account

Leverage

Rainmaker Quantum provides a leverage option of up to 1:500, affording you the opportunity to engage in larger trading positions while committing a smaller initial deposit. It's crucial to exercise prudence when utilizing leverage since it has the potential to magnify both your losses and gains.

Spreads & Commissions

The minimum spread at Rainmaker Quantum depends on the asset you are trading. For most currency pairs, the minimum spread is 0.1 pips. For some less active currency pairs, the minimum spread may be as high as 1 pip.

Here are some examples of Rainmaker Quantum's minimum spreads:

  • EUR/USD: 0.1 pips

  • USD/JPY: 0.1 pips

  • GBP/USD: 0.1 pips

  • AUD/USD: 0.1 pips

  • USD/CAD: 0.1 pips

The platform also charges a commission of $1 per lot traded.

Trading Platform

Rainmaker Quantum's trading platform is built on cutting-edge technology, primarily focusing on artificial intelligence (AI) and quantum computing for finance and trading. This innovative approach aims to address complex problems that classical supercomputers cannot solve. Here's a structured breakdown of the platform:

Rainmaker Quantum's trading platform, driven by AI and quantum computing, is guided by the PERUN AI Bot. Its core objective is to deliver long-term, consistent, and premium returns on investments through the application of the DQ series of trading algorithms. These algorithms employ up to four different trading strategies and incorporate three layers of risk assessment protection to enhance potential returns.

The platform utilizes AI to gather and analyze a wide array of financial news, earnings reports, cyclical events, price patterns, and global market behavior. Through self-learning AI, it continuously evaluates market conditions to optimize portfolio performance and trading strategies.

Trading Platform

Big Data Analysis:Rainmaker Quantum recognizes the significance of big data in assessing investment risk. The platform utilizes a large dataset to estimate Value at Risk (VaR), a critical financial metric. This approach not only enhances statistical power but also enables more comprehensive risk evaluation.

Monte Carlo 6 Core Quantum Parallel Simulation Computing:Rainmaker Quantum leverages quantum computing to perform Monte Carlo simulations. These simulations provide probabilistic predictions for a range of outcomes on random variables. The use of quantum algorithms allows for almost instantaneous evaluation, a significant advantage in the world of high-frequency trading.

Deep Neural Strategy and Valuation Network:The platform incorporates deep neural networks for strategy development and valuation. This complex mathematical modeling approach aims to improve performance accuracy and the evaluation of probabilities within the trading strategies.

Rainmaker Quantum's trading platform demonstrates a commitment to leveraging advanced technology, specifically AI and quantum computing, to enhance the effectiveness and efficiency of trading strategies and risk management.

Trading Platform

Deposit & Withdrawal

Rainmaker Quantum offers various payment methods for your convenience. You can deposit funds using a range of options, including credit cards, debit cards, and wire transfers. This diversity in payment methods ensures that you can choose the most suitable option based on your preferences and location.

To start trading with Rainmaker Quantum, you'll need a minimum deposit of just $100. This low entry requirement makes it accessible to a wide range of traders, regardless of their initial capital.

When it comes to withdrawals, Rainmaker Quantum is efficient in processing them, typically within 24 hours. However, it's important to note that there is a processing fee of $25 associated with withdrawals. While this fee is relatively small, it's essential to consider it when planning your financial transactions on the platform.

Customer Support

Rainmaker Quantum ensures robust customer support with multiple communication channels.

You can reach their support team via email at support@rainmakerquantum.com, allowing for detailed inquiries. Additionally, a live chat feature enables real-time assistance.

For those who prefer verbal communication, a phone option is available. Customer support operates round the clock, providing assistance in English, Chinese, and Japanese, catering to a global clientele.

To stay updated and engaged, you can also find them on their official website and social media platforms like Facebook (https://www.facebook.com/profile.php?id=100083367646913) and Twitter (https://twitter.com/RainmakerQTUM).

These channels offer valuable resources and the latest updates for users and potential clients.

Customer Support

Educational Resources

Rainmaker Quantum provides a diverse range of educational resources to enhance trading knowledge and skills. Their learning center offers a wealth of materials, including informative articles, insightful videos, and engaging webinars. These resources serve to empower traders with valuable insights.

Additionally, a demo account is available, allowing users to practice trading strategies without the risk of real money. It's a risk-free environment for honing skills.

Rainmaker Quantum also keeps clients informed with their latest news and press releases, ensuring traders stay updated with relevant market developments and platform updates. These resources collectively contribute to a well-rounded and informed trading experience.

Educational Resources

Conclusion

Rainmaker Quantum introduces traders to a technologically advanced trading platform centered on artificial intelligence (AI) and quantum computing. Its diverse asset offerings span Forex, commodities, indices, and cryptocurrencies, making it an appealing choice for traders. With a low $100 minimum deposit and a risk-free demo account, it caters to traders with varying capital levels. Educational resources, 24/7 multilingual customer support, and advanced technology empower users. However, the absence of regulatory oversight raises concerns, and the platform's availability in certain regions can be limited. Careful consideration is crucial when weighing its pros and cons.

FAQs

Q: How do I open an account with Rainmaker Quantum?

A: To open an account, visit the Rainmaker Quantum website, complete the online registration, verify your identity, deposit funds, and await confirmation.

Q: What is the minimum deposit required to start trading on Rainmaker Quantum?

A: The minimum deposit is $100, making it accessible to a wide range of traders.

Q: Are there educational resources available on Rainmaker Quantum?

A: Yes, Rainmaker Quantum provides educational resources, including articles, videos, and webinars, to help traders enhance their knowledge and skills.

Q: What is the leverage offered on Rainmaker Quantum?

A: Rainmaker Quantum offers leverage of up to 1:500, allowing traders to amplify their positions with a smaller initial deposit.

Q: Is there a demo account for practicing without risking real money?

A: Yes, Rainmaker Quantum offers a demo account where users can practice trading strategies without the risk of losing real funds.

Q: What customer support options are available, and in which languages?

A: Rainmaker Quantum provides customer support through email, live chat, and phone, with service available 24/7 in English, Chinese, and Japanese.

User Reviews

More

User comment

7

Comments

Write a review

Aiko. Ishikawa
more than one year
Mobile app is user-friendly and has all the features I need to trade on the go. Perfect for busy lifestyles.
Mobile app is user-friendly and has all the features I need to trade on the go. Perfect for busy lifestyles.
Translate to English
2024-06-27 18:02
Reply
0
0
Daniel56
more than one year
I've been using their trading bots, particularly the ZORYA AI Bot, and I'm impressed with its performance. The process is streamlined, the risk management is spot-on, and the transparency they offer is top-notch!
I've been using their trading bots, particularly the ZORYA AI Bot, and I'm impressed with its performance. The process is streamlined, the risk management is spot-on, and the transparency they offer is top-notch!
Translate to English
2024-06-21 17:39
Reply
0
0