Q.ai Invest Review [2022]: A New Investment App With A Twist 

Last Updated on October 20, 2022 by Harrison Brown
8.9Expert Score
Bottom Line
Q.ai is an AI-powered investing app that is one of the newest investment platforms on the market, and it's quickly making a name for itself. The app is made by Forbes, and it lets you invest in a wide range of different stocks and portfolios. The platform is simple and efficient, allowing users to choose Investment Kits that align with their investment goals and strategies. These kits have built-in downside protection managed by AI and the Q.ai team boasts they can outperform human advisors.
Features
9.5
Fees
9.5
Customer Support
7.8
Pros
  • No fees
  • Sign-up bonus
  • Low minimum deposit
Cons
  • Limited track record
  • Limited investment choices

Who Is It For?

  • Investors who don't want to actively manage their stock portfolios
  • People who don't mind not having a human advisor to manage their funds
  • Cost-conscious people who don't like being charged high advisement fees

Pros & Cons

Q.ai Pros & Cons

Pros
  • Free To Use: Q.ai doesn't charge any management fees or commissions on trades, so you can keep more of your earnings.
  • Sign-Up Bonus: Q.ai is currently offering a $100 bonus to new users who sign up and deposit $100 into their accounts.
  • Low Minimum Deposit: You only need $100 to open an account and start investing with Q.ai.
  • Portfolio Protection: Q.ai's Investment Kits come with built-in downside protection, so you can avoid losing money in a down market.
Cons
  • Limited Track Record: Q.ai is a new investment platform, so it doesn't have a long track record to show how well it performs in different market conditions.
  • Limited Investment Choices: Q.ai only offers a limited number of investment kits, so you may not be able to find one that fits your investment goals.

Features

Q.ai Top Features

Investment Kits

Q.ai's Investment Kits are portfolios of stocks and ETFs that are managed by AI and designed to meet different investment goals. There are currently four Investment Kits available:

Foundation Kits: These kits are designed for long-term growth and include stocks from a wide range of industries. The kit includes sectors like emerging tech, global trends, active indexer, and more.

Limited Edition Kits: These kits are designed for investors who want to take advantage of specific market opportunities. The limited edition kits focus on various themes like 5G, electric vehicles, global microchip shortage, and more.

Specialty Kits: These kits are designed for investors with specific interests or needs. The specialty kits include the women's empowerment kit, the Black Founders kit, the clean tech kit, and more.

Community Kits: These kits are designed to let Q.ai users invest together in a specific cause or theme. Currently, the only community kit is made by Forbes, and it uses current trends, archives, and break news article popularity to trade various stocks and securities.

AI Hedging

Q.ai's hedging technology is designed to protect your portfolio from losses in a down market. The Hedging Algorithm uses machine learning to identify and hedge against risks in real-time. Q.ai uses AI to potentially anticipate market changes and take action to protect your portfolio. This is a pretty unique feature that is usually only available to actively managed portfolios from human investors and funds.

Portfolio Rebalancing

Q.ai automatically rebalances your portfolio to keep it aligned with your investment goals. This helps you stay on track to reach your goals and can potentially help you earn more money.

DIY Portfolios

Q.ai also offers DIY portfolios for investors who want more control over their investments. With a DIY portfolio, you can choose your own stocks and ETFs to invest in. Q.ai will provide guidance on how to allocate your assets and rebalance your portfolio, but you will have the final say on what you invest in.

You will also be given the ability to use various investment kits alongside specific stocks and ETFs to help you reach your investment goals.

Low Minimum Investment

Q.ai only requires a $100 minimum investment, so it's accessible to a wide range of investors. This low minimum investment makes Q.ai a great choice for beginner investors who want to get started with investing without risking a lot of money.

Drawbacks

Drawbacks Of Q.ai

Limited Track Record

Q.ai is a new investment platform, so it doesn't have a long track record to show how well it performs in different market conditions. This lack of a track record can be a bit of a risk for investors, but Q.ai does offer some features that can help mitigate this risk (like AI hedging and portfolio rebalancing).

We've back-tested many of its investment kits, and many have outperformed the S&P 500 since inception. However, since the platform only came out in 2022, it's still too early to say how well it will perform in the long run.

Mixed Reviews

Some users have reported that Q.ai's customer service is unresponsive and that there are some bugs in the app. These mixed reviews could be a concern for potential investors, but it's worth noting that Q.ai is a new platform and is still working out some kinks. Overall, the reviews of Q.ai seem to be positive and users seem to be happy with the platform.

Limited Investment Choices

Q.ai only offers a limited number of investment kits, so you may not be able to find one that fits your investment goals. This can be a bit limiting for investors, but Q.ai does offer a wide range of kit options (like foundation kits, limited edition kits, specialty kits, and community kits).

Q.ai also does not offer the ability to invest in mutual funds, bonds, and other fixed-income options, so if you're looking for more traditional investments, Q.ai may not be the right platform for you.

Historical Performance

Q.ai Investment Kit Historical Performance

Q.ai displays all of its investment kits' historical performance since its inception on its website. These results are back-tested and do not reflect actual trading results. However, they can give you an idea of how well Q.ai's platform and investment kits have performed in the past.

Q.ai Investment Returns
Q.ai Investment Returns October 7-14, 2022

Some of Q.ai's investment kits have done very well, outperforming the S&P 500 by a wide margin. However, it's important to remember that past performance is not indicative of future results.

Q.ai Investment Returns
Q.ai Investment Kit Returns

Despite the market being down for the 2022 year, some investment kits like the U.S. outperformance and precious metals have still done quite well with positive returns as of writing this in mid-October, 2022.

Compare

Q.ai Vs. The Competition

Pros
Cons
Webull Logo
Webull
SIGN UP
Pros
Commission-free trading
High Sign-up bonus Promotion
Easy-to-use app interface
Cons
Limited customer support
No access to mutual funds
Lack of educational support
Acorns Logo
Acorns
SIGN UP
Pros
Automatically invest spare change
Automatic cash back at certain merchants
Intuitive automatic investing features
Cons
Monthly fee ($3-$5)
No tax-loss harvesting
Lower sign-up bonus compared to others
Pros
Zero fees or commissions
Banking, loans, & More All In One
High sign-up bonus for new users
Cons
No physical locations
No tax-loss harvesting
Currently only available to US residents

Q.ai Vs. Webull

Q.ai and Webull are both investment platforms that offer a wide range of investment options. However, there are some key differences between the two platforms. Webull provides more of an active trading experience, while Q.ai is geared more toward long-term investing.

Webull offers a wider range of investments, including mutual funds, bonds, and options. Q.ai only offers stocks, ETFs, and investment kits. Webull also has a longer track record than Q.ai and is a more established platform.

However, Q.ai also has some unique features, like AI-assisted investing and portfolio rebalancing, and smart beta.

Q.ai Vs. Acorns

Acorns is another investing platform that offers a similar service to Q.ai. Both platforms offer automated investing strategies and allow you to invest in stocks and ETFs. However, there are some key differences between the two platforms.

Acorns does not allow you to invest in individual stocks, and it also has a much smaller selection of stocks and ETFs. Q.ai also offers more features than Acorns, like AI-assisted investing and portfolio rebalancing.

If you want an even more passive investing approach, we recommend Acorns; however, if you want a balance between robo-investing and active investing, Q.ai is probably better for you.

Q.ai Vs. SoFi

SoFi is an investment platform that offers a similar service to Q.ai. Both platforms offer automated investing strategies and allow you to invest in stocks and ETFs. SoFi, unlike Q.ai, offers many other financial services like credit cards, loans, savings accounts, and more.

SoFi is better for investors who want a one-stop shop for all of their financial needs. However, if you're strictly looking for an investment platform, Q.ai is probably a better option. Q.ai has more features than SoFi, like AI-assisted investing and portfolio rebalancing. SoFi does not offer these features.

Final Word

Is Q.ai For You?

Q.ai is a new investment platform that offers a unique twist on automated investing. Q.ai's focus on smart beta and AI-assisted investing sets it apart from other robo-advisors.

Q.ai has a limited selection of investments, but it does offer a wide range of investment kits. Q.ai's investment kits have performed well in the past, but it's important to remember that past performance is not indicative of future results.

We recommend Q.ai to anyone looking for a more automated investing experience with a focus on custom investment solutions. However, if you're looking for more traditional active investing by picking individual stocks and manually rebalancing, Q.ai may not be the right platform for you.

FAQ

Q.ai FAQ

What Is Q.ai?

Q AI is a new investment platform made by Forbes that offers a unique twist on automated investing. Q.ai's focus on smart beta and AI-assisted investing sets it apart from other robo-advisors.

How Much Does Q.ai Cost?

Q.ai is free to use. Every penny you make on the platform is yours to keep, and there are no hidden fees or commissions.

What Are Investment Kits?

Investment Kits allow you to invest in a theme or idea with just one click. Each Kit contains stocks, ETFs, and other financial assets that relate to a specific theme, which Q.ai updates on a weekly basis so that you are always investing in current market trends.

Q.ai Invest Review [2022]: A New Investment App With A Twist 
Q.ai Invest Review [2022]: A New Investment App With A Twist 
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