Legitimacy check · Checked Oct 25, 2026

Is Quantum AI Legit? 2026 Check

Quantum AI is sold as an AI trading robot that makes money for you. The UK FCA says it is not authorized and warns people to avoid it, and regulators in Canada and Australia have issued their own warnings.

Written by SafeTrading Editorial
Research and editing

Fact-checked against 13 sources

7 min read

Our verdict

Avoid

Quantum AI is not authorized by the FCA, which tells people to avoid dealing with it. ASIC says it is the most prolific online trading platform scam brand in reports to Scamwatch.

Regulated?: No. The FCA says it is not authorized by the FCA.
Regulator warnings: FCA (first published May 14, 2025, updated March 3, 2026); Ontario Securities Commission (May 20, 2022); ASIC media release (March 1, 2024).
Who runs it: Not disclosed. The OSC warning lists other names used: Calliber, Calliber Finance and Beggins Group LLC.
How it is promoted: Ads and deepfake videos using celebrities and the BBC, according to Which? and ASIC.
Minimum deposit asked: Around £200 to £250 (Which?), or around A$250 by credit card (ASIC).
Where your money goes: To a trading account set up by a caller. No authorized firm is named by any regulator we checked.
Web addresses: Many. The FCA and OSC warnings list over ten domains between them.

Red flags

Not authorized by the FCA, and named on the FCA Warning List.
No named company, license number or regulator behind the brand.
Promoted with ads that show celebrities or news brands, which regulators say are fake.
Sign-up leads to a phone call from an "account manager" pushing you to deposit.
Fees or "taxes" demanded before you can withdraw, a pattern ASIC describes in these schemes.
Many lookalike web addresses for the same brand.
ASIC calls Quantum AI the most prolific trading platform scam brand in Scamwatch reports.

What Quantum AI claims

Quantum AI is presented as an automated trading system that uses artificial intelligence to trade crypto and other markets for you. The pitch is that you sign up, make a small deposit and the software does the rest.

Which? reported on July 24, 2025 that Quantum AI "is a global scam" that uses AI to impersonate the BBC, Elon Musk and David Beckham. Which? found 12 adverts on Facebook and Instagram promoting it and reported them all to Meta. Trustpilot reviewers cited by Which? said it had also used the names of Martin Lewis, Richard Branson, Jeremy Clarkson and Keir Starmer.

What regulators say about Quantum AI

UK, Financial Conduct Authority. The FCA first published its warning about Quantum AI on May 14, 2025 and last updated it on March 3, 2026. It says the firm "may be providing or promoting financial services or products without our permission" and that "you should avoid dealing with this firm and beware of scams." It adds that the firm "is not authorised by us and may be targeting people in the UK." The warning lists the web addresses quantumai.co and www.quantumai.co.com and a UK office address in Luton. The FCA notes on its warning pages that some firms give incorrect contact details.

Canada, Ontario Securities Commission. On May 20, 2022 the OSC issued an investor warning for "Quantum AI aka QuantumAI", saying it "is not registered in Ontario to engage in the business of trading in securities." The warning lists other names used, Calliber aka Calliber.io, Calliber Finance and Beggins Group LLC, and nine web addresses including quantum-ai.io, quantumai.io and quantum-ai.com.au.

Australia, ASIC. In a media release on March 1, 2024 titled "It's a scam! Celebrities are not getting rich from online investment trading platforms", ASIC said reports to Scamwatch show "the most prolific online investment trading platform scam appears under the brand 'Quantum AI'."

Regulator	Date	What it said
FCA (UK)	May 14, 2025, updated March 3, 2026	Not authorized; avoid dealing with this firm and beware of scams
OSC (Ontario)	May 20, 2022	Not registered in Ontario to trade securities
ASIC (Australia)	March 1, 2024	Most prolific trading platform scam brand in Scamwatch reports

How the scheme works

ASIC named Quantum AI as the leading example of this kind of scam. Which? said victims are typically asked for an initial investment of £200 to £250, and one Musk-themed ad urged people to act after "investing only €250."

ASIC describes the steps. Scammers use "fake online news articles about celebrities and well-known public figures", social media ads and deepfake videos. People who sign up are asked for "a small investment of around $250 via credit card". In one case ASIC describes, the victim "was provided with an account manager and an online dashboard."

ASIC says "sometimes scammers will allow victims to make a small withdrawal early in the scam to build trust." When victims try to take out larger sums, "scammers will ask for withdrawal fees or cite tax implications", and "some victims have reported being locked out of their account."

The FCA's guidance on crypto investment scams says fraudsters "tend to advertise on social media, often using images of celebrities to promote the fake investments."

1. An ad or fake news article shows a celebrity praising the platform.
2. A sign-up form asks for your name, email and phone number.
3. An "account manager" calls and asks for a first deposit, often around 250 in your currency.
4. Your money goes to a trading account with a firm that is not authorized where you live, and a dashboard shows growing profits.
5. When you try to withdraw, you are asked for more money, or you lose access.

Red flags checklist

These are the warning signs we checked Quantum AI against. Each one on its own is a reason to stop and verify before you pay.

The firm is not on the FCA register, or it is on the FCA Warning List.
The ad uses a celebrity, a TV show or a news brand to sell the product.
Returns sound unrealistic, or the software is described as unable to lose.
You are contacted out of the blue or pressured to deposit quickly. The FCA lists both as warning signs.
The website names no company, address or license number you can check.
A caller asks you to deposit more to "unlock" profits or pay a fee to withdraw.
The brand appears under many web addresses that change often.

What to do if you already paid

Act quickly. The sooner your bank hears about a payment to Quantum AI or a broker it passed you to, the better the chance of stopping or recovering it.

Stop all contact with the "account manager" and do not send any more money, including fees or taxes they say you owe before a withdrawal.

Report it. In England, Wales and Northern Ireland, use Report Fraud (the service that replaced Action Fraud) at reportfraud.police.uk or on 0300 123 2040, according to Which?. In Scotland, call Police Scotland on 101. In the US, report to the FTC at ReportFraud.ftc.gov and to the FBI's Internet Crime Complaint Center at ic3.gov.

Tell the FCA. You can report an unauthorized firm through FCA ScamSmart or by calling the FCA on 0800 111 6768.

Expect follow-up scams. The FCA warns that people who have lost money are "increasingly targeted by recovery room scams", which usually demand a fee up front, and its advice is to "end all contact immediately and do not pay any money." Never pay a firm that offers to get your money back.

Call your bank or card provider and ask about a chargeback or a fraud claim.
If you installed any app or software at the caller's request, remove it and change your banking passwords.
Keep screenshots of the ad, the website, emails, chat messages and payment receipts.
Report the ad to the social network that showed it to you.

How to check any trading platform

Before you send money to any trading platform, check it with the regulator in your country. A real firm will give you its legal company name and its license or reference number, and that number will match the official register.

In the UK, search the FCA Financial Services Register for the firm's legal name and reference number, then search the FCA Warning List for the brand name and its web address. Use the phone number and website shown on the register, not the ones in an ad, because some scams copy the details of real firms.

In the US, firms offering forex or futures trading to the public must be registered with the CFTC and be members of the National Futures Association. You can check them on NFA BASIC.

In Australia, check the ASIC professional register and ASIC's investor alert list. In Canada, check the National Registration Search and your provincial securities regulator's warnings.

Search the brand name on the FCA Warning List.
Confirm the legal entity and license number on the official register.
Contact the firm only through the details shown on the register.
Walk away if you cannot find the company behind the platform.

Frequently asked questions

Is Quantum AI legit?

We found no evidence that it is a legitimate, regulated service. The FCA says Quantum AI is not authorized and tells people to avoid dealing with it, and ASIC says it is the most prolific trading platform scam brand in Scamwatch reports.

Is Quantum AI regulated by the FCA?

No. The FCA's warning, first published on May 14, 2025, says the firm is not authorized by the FCA and may be targeting people in the UK.

Did Elon Musk or Martin Lewis back Quantum AI?

No evidence supports that. Which? reported that Quantum AI ads use AI to impersonate Elon Musk, David Beckham and the BBC, and ASIC says scammers use fake news articles and deepfake videos of celebrities.

How much does Quantum AI ask you to deposit?

Which? said victims are typically asked for £200 to £250 at first. ASIC described a first payment of around $250 by credit card, followed by pressure to pay more.

Can I get my money back from Quantum AI?

Contact your bank or card provider straight away and report it to Report Fraud in the UK, or the FTC and IC3 in the US. Do not pay anyone who offers to recover the money for a fee; the FCA warns these are often scams too.

Why do Quantum AI websites keep changing?

The FCA and OSC warnings list many different web addresses for the brand. Regulators can only warn about the addresses they find, so a new site with the same name is not safer.

Sources

Every fact on this page comes from the pages below, checked on Oct 25, 2026. Rules and prices change, so check the current terms before you pay.