iQ EA Forex Cloud Trading Reviews 66

This cannot be allowed to continue.

We all bought into the false promises by Dennis that the new iQ EA PAMM was going to be even more advanced and safer than its predecessor when we all got his emails in May and June. Fast-forward to September, his PAMM accounts got wiped out for the 3rd time in as little as 4 months of trading, despite months of AI training and tweaking. He clearly treats his responsibility as a PAMM account manager without any real concern for the safety of investment funds of his clients. This was repeatedly demonstrated with his lack of response to emails regarding concerns and complains about the losses and poor monthly performance, for example. Furthermore, he paid absolutely no attention to the scheduled high-impact economic and financial news events that could cause prices to move 2000 points in one direction in a single day. Remember, he used to pause the iQ EA during such periods as precaution to prevent getting wiped out, but not anymore--He no longer cares! Therefore, his clients have paid the price for such incompetence time and time again, with their investments.

Sooner or later, he will send everyone on his email list about a new updated AI that he is testing and working on that will improve trading performance over the last one. Well guess what? He has been doing that for the past 6 months already, and we all paid a hefty price for buying into his new hopeful claims, so I implore you not to fall for this trick.

Stay away from this service and stay safe.

Jason F.

Guy is a joke. What he said is hilarious after he nearly blew the account again in June. And from that point, everyone even he himself knows he is a joke. He knows no one will ever deposit into him again and chooses to immerse into his tennis career.
When the accounts of millions were on the line he knew he better keep playing tennis with his wife and homies. Which is good as he likely can’t do shit to save the acc. Hope he will focus on being a pro baller in Philippine instead of acting like he knows shit about trading. Also hope his families live well with his not so moral money he made.

I am leaving this comment just to see how low the rating can go. But this clown is likely going to build a new website and find some other victims.

Dennis Buchholz is a total fraud. Like so many people who've sent in reviews, I invested several thousand dollars in a MAM account. Within a month the whole account had been wiped out. Buchholz allowed the EA to increase lot sizes as the price went in the wrong direction. He could have intervened to save the account, but through negligence or incompetence he didn't do this. I foolishly invested a smaller sum of $1000 on his assurances that he had removed all flaws in the EA; and I also wanted to recover my funds. Within a month this account was also blown. Again he made no manual intervention to save the account. Buchholz boasts several trading qualifications; but he isn't a real trader. He's a reckless gambler of other people's money. He doesn't care. The mind boggles at how much investors' money he's blown. The reviews on here give you an idea. He changed his strategies every month and continually lied about the capabilities of his EA and the claimed improvements. I've requested a refund but he isn't answering my emails. If you value your money, don't go near this dangerous fraud.

In the first few months, I made good profits with this system, allowing me to double my invested capital and even bring my balance up to €60,000. I did notice, however, that at certain moments the drawdown exceeded 50% without any intervention, but I still kept my trust. The trading system essentially boils down to this: for the EUR/USD currency pair, consecutive opposite positions are taken with an increasing lot size, until the currency ly moves towards the value of the positions taken, thereby ultimately generating  profit. The danger here is that these positions always require more margin as the drawdown increases. If the drawdown becomes too large, the allowed margin is exceeded and nothing remains of the invested capital. This is exactly what happened to my capital in the end: in a single day, I lost my built-up capital of €60,000 without any intervention from Buchholz.
Shortly afterwards, Buchholz sold his system but assured me that he could offer something even better. I continued with a smaller capital of €1,500 and was able to grow it to €3,000. But  a few weeks later I received another margin call, and once again nothing was left of those €3,000.
Conclusion: do not get involved with Buchholz, because sooner or later your account will be wiped out; he simply lets your account run without any form of risk management.

The third margin call in recent months has finished the account. Originally $6.000 and after the first margin call I added a further $600. Although the account recovered to around $2,000, now the account balance is $1.76. I will not be depositing any more funds.

And it just killed the account yet again.. Rat poison squared.

Absolutely incapable of honesty or trading. Blows accounts all over town in a spectacular way - blames the market and or tech issues and then starts a new scheme and does it all again!!! Boasts profits of $600k but lost that and all the capital as well. Just run a mile!!!

After a decade of up and downs in performance and excellent contact & follow-up, I followed the manager's injunction to move to top tier Fx broker MAM account for an "absolute" secure technical setup that would reveal all the potential of the algo (from Agimat to iQ EA Cloud, a complete rewrite). Even at a steep profit sharing cost, I decided it was worth it and got setup in Jan 2025. till March 5, all was excellent. just as said. Then March 5 I started reeiving margin call pre alert (50%) from Broker. Despite being travelling, I managed to forward such to the Dennis. No reply. Then another alert form broker about 1st level margin call. forwarded. Then final email: Accounts(2) were wiped out of $170k each. All of that manager's broker MAM subaccounts were blown out that day (sub MAM accounts can only blow out when the master MAM account does). Negligence and incompetency responsabilities lies with Dennis as the designer, developper and implementor of the technical solution. We have been in touch since then as I need and expect reparation, but so far nothing materialized, not even seed money to rebuild lost equity within a reasonable time. A margin call is unprofessional and suffer no excuse. Sufficient to say a margin call may not always be closing your trades in time due to spread spikes and price gaps, in which case you as the broker's client become liable for all broker losses, even on a MAM account. Beware!

My account was blown last year when others had their accounts blown as well. I totally agree with recent comments. I withdrew my last £500 and would never go near anything from Dennis again.
I have since used a bot with Ardor trading and have been very happy with them. You can choose for them to run your bot for you or they set it up for you on your vps and there is a telegram group where they tell you the recommended schedule for turning the bots on and off.

If I could give less than 1 star I would. Dennis does not use any form of DD control on this system and its caused a lot of people to lose their account that are connected to his trading. Its completely unethical the way he has marketed and risked peoples money. Please stay away

This so-called "super-smart AI" turned out to be a complete disaster. Within just two months, a staggering $1.2 million in client funds was lost. His promises of advanced AI-driven strategies are nothing but empty words, and the results speak for themselves—total financial ruin.

Rather than delivering on his claims, he has proven to be an incompetent operator who misleads clients with flashy marketing but lacks the ability to generate real results. If you value your money, stay far away from this service.

The EA blew the MAM account taking a 75% realised loss in a night. And still another 10% in the red. Maybe we get to salvage 5% or 20% if we are lucky. Like everyone else, I will be definitely withdrawing all my funds, if there's any left.

Update: All positions were closed and I salvaged about 3% of my account.

the iq ea Forex cloud trading which is smart application for auto trading the Forex safety with small amount money. I have happy that I used this APP to earn the money without high risk. I highly recommend all of you to join this. And, It is auto setup by IQ EA administrator, thank you so much. It take me save time .

Incredible service, outstanding results, peace of mind.

My investment doubled in only 5 months, the max. drawdown was 10% and there was not a single losing week. Dennis is monitoring the system closely and navigating it safely through the waves of the market. You can do the math. OUTSTANDING

Outstanding Results This Week from Dennis Buchholz and Team

Dennis & Team, congratulations 🏆🫶🏼🙏🏽 on the outstanding results this week.

It was satisfying to watch your system in action.

Your expertise in navigating market volatility and delivering such impressive returns is truly commendable.

Thank you for your dedication and expertise.

it is a very good tools for the starter with safety. It is my first time trading Forex and it is protect me a and my money. I have earned the profit periodically. It is all automatically and I just watching the process everyday. However, it have to trading more types of comment currency to enlarge the more profit. USD EUR EBP JAP...

I startet with this service in Nov. 23 with 1,5k , in Jan. another 1,5k and in March I deposit 1k . Now in Oct. 20th , my account grow to 18,5k , it´s fantastic . Now , I have withdrawn my 4k initual amount , that means for me no risk . My broker is ICMarkets , leverage 1.500 and I have never had a margin Call . My biggest DD was about 20% in this time . A martingal system is always a risky system , but Dennis managed this EA very good , tried to avoid critical days with important news. In September , he suddenly increase the lotsize very strong and that was not good , too risky for me . I told him , to reduce my risk and the next day , my lotsize was reduced . A max. DD of 20% and a monthly profit of 30% , thats very good . I hope , it will run furthermore like this

I have been with iQ EA now since end April 2024. 5.5 months is not very long, but so far I have been very impressed with the performance and service provided. iQ EA couples a high profit to a relatively low drawdown, a combination I do not encounter very often in the industry. Be aware though that all forex trading systems are high risk nevertheless, so only invest capital you can afford to lose. The minimum investment with iQ EA is 1500 USD/EUR. Since invested capital grows quickly with iQ EA, you could consider to start with this minimum investment and grow it from there by letting the EA trade. In this way you will keep capital-at-risk low. Alternatively, you could also deposit more capital along the road once your confidence in the system grows. Note also that this EA is supervised, so when big events in the market are anticipated trading will be halted to control the risks. This also gives me a secure feeling. Whenever trading is halted this is always quickly communicated to the client. Also, any mails addressed to Dennis are also quickly answered. All in all so far I am very happy with iQ EA!

IQ-EA is an amazing cloud-based platform for automated forex trading. It uses artificial intelligence to analyze the market and make trades, which is a great feature for those who are new to forex trading or don't have the time to do their own analysis. The platform is also highly secure and reliable, so you can be confident that your money is safe. Since joining in January 2024, I’ve consistently made profits, and the performance has exceeded my expectations. Overall, I would highly recommend IQ-EA to anyone who is looking for a user-friendly and powerful cloud-based platform for automated forex trading.

I’ve been using this foreign exchange algo trading service since July 1, 2024, and I couldn't be more pleased with the results. The performance has been outstanding, and my account has experienced very profitable results in just a few months.

The algo trading strategies employed are not only innovative but also highly effective. I appreciate the transparency and regular updates provided by the service, which give me confidence in my investments. The user interface is intuitive, making it easy to track my progress and adjust settings as needed.

A special thank you to Dennis behind his incredible service. Your hard work and dedication truly shine through, and it has made a significant difference in my trading journey.

Overall, I highly recommend this service to anyone looking to enhance their trading experience. It has exceeded my expectations in every way, and I look forward to continued success!