Contents
Key facts:
Quantfury allows you to operate with: cryptocurrencies, stocks, currencies, ETF’s, and commodities.This platform is only available for Android and iOS
This it is the pfirst of three articles that teach how to use the trading application Quantfury. For this first installment we will do a general review on the platform, as qeu you need to use it, advantages, goods that you can to settle on it, among others.
Think in trading is to think of a person sitting in front of a monitor full of charts japanese candles, something very common to see in films of this category. But in the last two decades have occurred a couple of revolutions that have changed this image forever. The first is the introduction of the smart phone, a concept that allows us to bring a personal computer to any place. Lto second are the cryptocurrencies, an alternative that a democracy full the access to the money and it is here where Quantfury take advantage of both worlds: it offers trading tools through a mobile application.The use Quantfury, you will be able to operate in the financial markets at a global level deposits 100% in cryptocurrencies, but with funding constant in USD. Along with this, accounts with leverage of 20x on any stock exchange, real-time pricing, without manipulation and without commission. And all this directly from any Android or iOS device.
Table of contents
Operates in different markets with prices in real-time
To operate within Quantfury, regardless of the market selected, you are working directly with the real price of the house of change where you are running the command.Among the markets available we have:
Operates in all markets with just cryptocurrencies
Quantfury only supports deposits and withdrawals in cryptocurrencieshowever, it operates with funding constant in USD. This means that the user does not trading directly with the cryptocurrencies deposited. To this end, the platform handles a concept called “Power, Operating Constant” expressed in dollars, which depends on the size of the initial deposit, the total value of which does not fluctuate as if you do the value of the deposit, given that the latter depends on the market price of the criptomoneda deposited.Therefore, it is through the net worth that it has as a Power, Operating Constant that may operate within Quantfury.
To learn more about the Power Operating Constant see the section Leverage 20x
With respect to withdrawals, given that the portfolio is managed directly in USD, at the time of check out, take into account the equivalent value in USD of the criptomoneda in that deposited initially and it is appropriate to withdraw the funds.
Operates without commissions
Within Quantfury there is no type of commission, even for deposits and withdrawals, because the commission you pay is only for concept mining.On this platform there are no fees for transactions, that is to say, that the price of purchase or sale is obtained at the time of executing an order is the actual price within the home dand bag the market in which it is operating.
Tight Spreads
The spread is the difference between the price of purchase and of sale, where such difference mark the point at which a position starts to generate profits. For example, if you purchase a criptomoneda at a price of USD 100 per unit and the selling price at the time of purchase is $ 90, you’d be talking about a price difference of 10%. This means that, at the time of entering the market, the position is at a major disadvantage, since it has a price differential of USD 10.Thanks to that Quantfury does not handle any kind of commission, prices will depend on totally of the bag house on the market selected. This results in spreads very small, allowing open positions with little disadvantage, a feature highly sought after by the traders experienced.
Leverage 20x
Within Quantfury there is the possibility to operate with up to 20 times the total of the deposit. This is what you will find within the platform, under the name of ‘Power, Operating constant’, and allows the user to set manually the level of leverage that is deemed cost-effective, which in addition is free of commissions or payments of interest.The Power Operating within Quantfury varies depending on the capital deposited. For example.In this table you can see the different levels of power operating to that a user can opt-out within Quantfury. It should be noted that the power operating maximum is us $ 200,000, because, in deposits over USD 10,000, the power operating it will continue being us $ 200,000 but with a lower leverage at 20x.Something also worth noting is that the level of leverage is not fixed at 20x, because, for example, if you deposited $ 100, you get $ 2,000 of power operating, but, if you deposited $ 200 will continue to be opting for $ 2,000 because to get to the next level of USD 6,000 and the total deposit is $ 300 USD.In the same way, the price of operational value in the table represent the maximum value that can be choose depending on the deposit made. This is because Quantfury allows you to modify the level of power operating in a way that also modify the leverage total. This, as long as all your orders are closed.On the other hand, the levels of power operating are fixed in dollars, but, obviously, the platform only handles deposits in cryptocurrencies. So What happens if the value of the criptomoneda deposited drops? Therefore, if you have deposited $ 300 in cryptocurrencies, which gives a power operating of USD 6,000 and if, after a period of time, the initial deposit is devalues to a total of $ 250, your power, operating will continue to be of USD 6,000 for this so call power operating constant.
Intuitive interface and graphics tools trading
Another point that makes it stand out to Quantfury is its interface, as you can see in the following image.A clean and intuitive interface, which also allows you to place the dark mode, something very in the latest trends of design applications.In addition to that, if well Quantfury is not an application for technical analysis offers trading tools such as candlestick, line graph, volume indicator, highlighter tool, book of orders, among others.
What do you need to start trading?
Access to the trading tools of Quantfury, the only requirements are to have an Android or iOS device and an initial deposit of at least USD 100 in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, DAI, Tether (OMNI and ERC20), Dash and QTUM.It should be noted that Quantfury not available for users residing in the USA and Canada due to local legislation.
Conclusion
As pointed out by Gregory Kim, CEO of Quantfury, “the income to the financial markets does not always offer the best advantages for retail traders”, since we are talking about a competitive market, tend to offer the greatest benefit to the great capitals by placing retailers in a great disadvantage.To start, one of the problems that Quantfury eradicated, is that of commissions. In the absence of commissions and to operate with real prices directly from the casa de bolsa to the application, you may negotiate from a more balanced, since, in comparison with other platforms, with spreads too big, they tend to open positions with a great disadvantage, that, in the worst case, usually do not generate profits.Quantfury is not a application that promises you to make money, due to the fact that it is recommended to have knowledge of trading before you use it, but if it allows you to operate in a fair manner and be to the couple of big capital in an environment that is more balanced and with better chances.