iQ EA Forex Cloud TradingReviews of iq-ea.com

Dennis blew up 2 of my PAMM accounts. Total loss to me around 1 million USD

ℜ𝕠𝕔® 𝕡ⅈⅼⅇⅼ was the one who resolved everything after losing everything and going through a tough period.

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.