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Quantfury: an application that allows you to trade in 5 different markets

quantfury an application that allows you to trade in 5 different markets
quantfury an application that allows you to trade in 5 different markets
Key facts:
  • Quantfury allows you to trade with: digital currency, stocks, currencies, ETFs and commodities.

  • This platform is only available for Android and iOS.

Content sponsored by Quantfury


this is the prhyme of three articles that they will teach how use the trading app Quantfury. For this first installment we will do a general review on the platform, que you need to use it, advantages, goods you can trade in it, Others.

you can read the second part of this tutorial here, Learn how to register and use the Quantfury app, Or the third and final part here, Learn how to trade with Quantfury.

Think about trading is to think of a person sitting in front of a monitor full of graphics of Japanese candles, which is very common to see in movies in this category. But in the last two decades a couple of revolutions have passed that have changed that image forever. The first is the introduction of the smartphone, a concept that allows us to take a personal computer anywhere. Lthe second are digital currency, an alternative which democratized completely access to money and this is where Quantfury takes advantage of both worlds: it offers tools of trading through a mobile app.

By using Quantfury, you will be able to operate in the global financial markets with deposits 100% in digital currency, but with constant funds in €. Next to that, you have 20x leverage in any exchange market, real-time pricing, no manipulation and no commission. And all this directly from any Android or iOS device.

Table of Contents

It operates in different markets with real-time prices

When operating within Quantfury, whatever the selected market, you work directly with the actual price of the exchange office where the order is executed.

Among the available markets we have:

It operates in all markets only with digital currency

Quantfury only supports digital currency deposits and withdrawalsHowever, it operates with constant funds in €. This means that the user does not trading directly with the digital currency deposited. To do this the platform uses a concept called “Constant Operating Power” expressed in dollars, which depends on the size of the initial deposit, the total value does not fluctuate as does the value of the deposit, since the latter it depends on the market price of the deposited digital currency.

Therefore, it is through the net value that it possesses as Constant Operating Power that it will be possible to operate within Quantfury.

To learn more about the Constant Operating Power see in the 20x Leverage section

As for recesses, the following should be considered; the balance we use within the account will always be in the digital currency we call to fund our account, with its fluctuating equivalent in USD. Because of this, at the time of withdrawal, the first thing will be to select the dollar amount of the available amount, which will give us the digital currency equivalent and proceed to withdraw.

It operates without commissions

Within Quantfury there is no commission, not even for deposits and withdrawals, as the commission to be paid is only for mining concept.

On this platform there are also no commissions for operations, ie the purchase or sale price obtained when executing an order is the real price inside the house dand bag of the market in which it is operating.

reduced spreads

the spread is the difference between the purchase and sale price, where this difference mark the point at which one position begins to generate earnings. For example, if you buy a digital currency at a price of USD 100 per unit and the sale price at the time of purchase is USD 90, you would be talking about a 10% price difference. This means that, when entering the market, the position is at a great disadvantage, as it has a price differential of USD 10.

Thanks to the fact that Quantfury does not use any kind of commission, the prices will depend entirely on the selected market stock house. This makes them obtainable spreads very small, allow open positions with little disadvantage, Feature much sought after by traders experienced.

20x leverage

Within Quantfury has the ability to operate with a sum of up to 20 times the total deposit. You can find this within the platform under the name of ‘Constant Operating Power’, and allows users to manually set the level of leverage they consider profitable, which is also free of commissions or interest payments.

Operating Power within Quantfury varies depending on the capital deposited. For example.

Constant operating power ranges from USD 2000 to USD 200,000. Source: Quantfury

In this table you can see the different levels of operating power that a user can choose within Quantfury. It should be noted that the maximum operating power is USD 200,000, As in deposits over $ 10,000, operating power will remain at $ 200,000 but with leverage less than 20x.

One thing that is also worth noting is that the level of leverage is not fixed a 20x, Because, for example, if you deposit USD 100, you will get USD 2,000 of operating power, however, if you deposit USD 200 you will continue to opt for USD 2,000 because to reach the next level of USD 6,000 the total deposit is USD 300.

Similarly, the prices of the operating value in the table represent the maximum value that can be chosen according to the deposit made. This is because Quantfury allows you to modify the operating power level so that the total leverage is also modified. This, as long as all your orders are closed.

On the other hand, operating power levels are set in dollars, but obviously the platform only uses digital currency deposits. So What if value of the deposited digital currency goes down? So, if USD 300 has been deposited in digital currency, which gives an operating power of USD 6,000 and if, after a while, the initial deposit is devalued to a total of USD 250, your operating power will still be USD 6,000 which is why they call it constant operating power.

Intuitive interface and graphical trading tools

Another point that makes Quantfury stand out is its interface, as can be seen in the following image.

Quantfury allows you to activate the dark mode. Source: Quantfury

A clean and intuitive interface, which also allows you to place the dark mode, something very given in the latest application design trends.

Coupled with this, while Quantfury is not an application for technical analysis, it offers tools for trading such as Japanese candles, line chart, volume indicator, highlighting tool, order book, among others.

What do you need to start operating?

To access the tools of trading of Quantfury, the only requirements are to have an Android or iOS device and an initial deposit of at least USD 100 in digital currency such as Bitcoin, Ethereum, Litecoin, DAI, Tether (OMNI and ERC20), Dash and QTUM.
It should be noted that Quantfury is not available to users who are citizens and / or residents of the USA and Canada due to local legislation.

conclusion

As Gregory Kim, CEO of Quantfury, points out, “entering financial markets doesn’t always offer the best benefits for retailers,” since we’re talking about a competitive market, the biggest advantages are usually offered to big capital by placing to retailers at great disadvantage.

For starters, one of the problems Quantfury eradicates is that of commissions. As there are no commissions and operate with real prices directly from the stock exchange in the application, you can trade from a more balanced point, since, compared to other platforms, with spreads exaggeratedly large, usually open positions with a large disadvantage, which, in the worst case, do not usually generate profits.

Quantfury is not an application that promises to make you money, due to the fact that you need to have knowledge of trading before using it, but if it allows you to operate fairly and be on one of the big capitals in a more balanced environment and with better possibilities.


Read the second part of this tutorial here, Learn how to register and use the Quantfury app, Or the third and final part here, Learn how to trade with Quantfury.

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