iQ EA Forex Cloud Trading Reviews 66

I think the right word for this service is “incredible.” Given the risks associated with this kind of activity, it is truly remarkable how well it works and how consistently it ensures safety. Moreover, the team is always available for support. I have been following them for years and have used other products with consistently good results.

The IQ-EA is the best EA I had so far for the last 1 year, no EAs is perfect and it did come down a few times, but Dennis is able to improve the product again and again, he is committed to serve hos clients' intererests.

I first heard about the program from my husband who has used Dennis product before. As usual i was very sceptical at first but Dennis manages to answer all my questions sincerely and with honestly, which i think one most important point in dealing in business.
Many scams out there, but Dennis product keep delivering consistent profits week to weeks without taking unnecessary risks. If i could give more than 5 starts, I would! Thank you Dennis

I have been Dennis products from Agimat time. It has given me opportunity to learn about forex at deeper level. I ears about Dennis latest IQ but I waited for a while waiting for reviews. I need to make myself sure before making any investment given my previous experience with others. But all come great in time making it perfect for investment. The product getting better in time with various improvements. Now I have 3 of Dennis product adding to my port folio.
I like his approach making trading safer with quality trading over quantity. The product didn’t disappoints. Keep it up Dennis.

Get engaged wlth the details shown on my user name so as to retrieve everything

What can I say about the latest product of Dennis, IQ EA Forex Cloud Trading, other than it's brilliant!!!

I have been using products and services offered by Dennis Buchholz since 2017. I still use his AgimatEA2018 that has resulted in constant profit every year upon year. In my 7 years of using Dennis's product's I can confidently say that if you follow the instructions EXACTLY as Dennis explains them, you will have no problems and will enjoy regular profits. If you don't follow his instructions and make manual changes then you will run into problems.

Just leave the EA's alone and follow the instructions.

Thanks Dennis

Great Job Dennis. Thank you for not letting the IQ EA run every day and filter out the potentially volatile days.
Running with Great Profits now. How much profit is not the most important thing but rather safety of the invested funds. Risky trading is easy to do. The hard part is to be making small but consistent profits for long time with less or no stress. Less profit I say but if that profit is about 50-70% Yearly. I think we are blessed. Thanks to Dennis and its Team. Keep it low risk and plenty of funds to cover the drawdowns. Thanks. 3rd review to come at Year End.

I would have preferred to keep this IQ-EA service to myself since I signed up in March this year, but Dennis deserves an honest review. Read and follow the instructions he gives eg the right broker and account, and you will be on your road to the skyrocket returns.

The owner blows customer accounts then moves on to the next bunch of suckers after some 'tweaks' - avoid!

The owner replied:-
"We appreciate you sharing your experience! To reach your desired success, it's crucial to adhere closely to our instructions. Otherwise, you’re likely to encounter the same outcomes as before—it’s really that straightforward."

Not sure how he can say that given that it's he who effectively manages the account, contols risk by way of setting the lot size and turns the system off when big news events are creating volatile markets. See below for the welcome email I received:-

"Great news, your trading account(s) has(have) been successfully linked to the iQ EA Cloud System.



The trading operations will commence from Monday through Thursday, focusing on the EURUSD M1 timeframe.

You'll typically see most trades happening between 7 am and 7 pm, according to the Hong Kong time zone.

Trades will not be executed before 8 am or after 6 pm, although there may be occasional exceptions where some executions still occur.



Kindly refrain from tampering with the system by adjusting the Stop Loss parameters on your own.



In the initial two-week period, the AI of the EA will cautiously assess the risk level of your account by initiating smaller positions.

Over time, both the positions and lot sizes will gradually increase.



You have the ability to track your account's progression through the MT4 or MT5 mobile apps.

These apps are free and can be found in the Google Play Store and Apple App Store.

Alternatively, you can download and set up the MT4 or MT5 trading platform on your personal desktop."

It is a bidirectional mediation Ea, works 4 days a week, tries to close (but not always possible) before the American session. The term Artificial Intelligence is misleading, sooner or later it burns the account. Direct experience.

I wrote a review on Sept 4th of this year giving a 5 star experience. As of today I can not say that I can fully recommend this EA. The EA was doing great untill the last few days. I have been told the that EU was very stronge to the USD and the EA kept putting in sell orders. But the USD just kept going up not the direction that was needed to make a profit. My account was not strong enough to last untill the market did come down. The market did finally start to come down but not untill I lost all I had won over the last 9 months and half of what I had invested. I still have high hopes for this EA but I will be taking out some of the winnings the next time. I am glad that IQ was able to get alot of data maybe it will help prevent something like this from happing again. When this EA starts trading again I will start with the bare minimum

This is an update on this review. I now have been trading with this EA for 4 more months. I am just now very close to the amount that I started with. I see that IQ ea. wrote a little note stating that the draw down is 10 to 15 percent. I assure that my FX Blue shows a peak drawdown of 87.0%

After having consistently good results, the owner made changes to the lot sizes the EA placed. While the system initially produced good profits, these changes led to significant drawdowns when the market moved in the wrong direction. The EA would just keep placing multiple buy or sell orders. The owner continually assured us there was nothing wrong, stating the EA had been in this position many times before.

However, when the EA places trades in the wrong direction and you end up with 23 trades open, your margin is blown. For example, the USD was weak against the Euro, so buying would have made sense—but the EA kept opening sell positions while the Euro continued to rise, eventually blowing many accounts. The owner never communicated any updates or warnings. He should have implemented hedging or at least taken losses and reversed the trades. Instead, the EA’s actions caused a significant loss of trust and wiped out a lot of money across at least eight accounts that I know of.

The total losses exceed $150,000, with my family relying on the weekly income from this investment. Personally, as a customer since February 2024, I lost over $70,000, and the other seven individuals lost their entire initial investments due to the system’s failure. Two years of a system running—and one bad week wiped everything out.

In August, my account was closed in negative twice, and then in September, it completely crashed. The owner should have taken action to protect our accounts instead of letting them blow out completely, leaving us unable to trade. With the high fees for the EA, it’s simply not worth it if all your profits—and your initial investment—are lost.

I chose this system because it was marketed as low-risk, with no history of accounts closing in negative balances. After researching accounts with long-standing performance and running my own since February, I saw that the system historically opened a maximum of 14 trades in one direction, using hedging strategies and spreading trades between 51 to 250 points. But in September, the system deviated from its pattern, opening over 23 trades with larger lot sizes than the accounts could handle and only spacing them 51 points apart.

Then, the owner added a new system called “Sam” at the expense of customers, and that system is what ultimately caused the crashes. Another concern is how he handled major news events—he used to turn the system off during those times because of uncertainty. But when the Fed rate cut was coming up this week, he left the system running, and the market surged 1600 to 1900 points from the first trade. The few remaining customers who managed to hold on are now out.

I paid for lifetime access to his systems, but after my accounts were blown, I stopped receiving emails and updates from him. Honestly, no matter how much growth or profit this system claims to make, it’s not worth investing in if one bad week can erase everything from 6 months to 2 years of trading—and then some. Personally, I never earned any real money from the EA system; I only paid the fees to use it.

They’ve even changed the website and removed the section where he previously claimed less than a 1% chance of loss. It seems like we were used as disposable test subjects for his “invaluable data.” That should never happen—we are not guinea pigs to be thrown away.

Additionally, I found out the first owner sold the product to a Japanese company, and even the email was sold, which is why the system is no longer functioning properly.

In my opinion, he could have stopped trading to prevent the accounts from collapsing. Taking a small loss would have been far better than letting the entire account blow up. It would have been more responsible for him to acknowledge the impending system failure and close the trades to preserve future trading opportunities instead of allowing them to crash.

Before I allow any further trading, I need substantial evidence that he and his team actually care about their clients and their financial well-being—not just about collecting data. From February to July, the system focused on small gains with minimal risk, and we earned a decent amount. But at the end of July, everything changed—it became “all or nothing,” risking everything for big gains or going broke. That should never happen. Trading should be about steady growth, small gains, and controlled risk—not destroying accounts in one week.

After having consistently good results The author made changes to the lotsize the EA placed. While good results were made it led to lots of drawdown when the market went the wrong way. The ea would just place many buys or sells. The author continually said there was nothing wrong the Ea had been in this position many times. But when the Ea just places trades in the wrong direction and you get to 23 trades your margin is blown. The USD was weak against the Euro so buys would have been the way to go. The EA chose sells and the euro kept going up eventually blowing lots of peoples accounts. No word from author. He should have been hedging or at least taking a loss and reversing the trades. His Ea has lost a lot of trust and lost a lot of money for at least 7 accounts that I know of.

The iQ EA is amazing. My account has grown 3x in 6 months with only 1 losing day thanks to Dennis. I doubt there is any other EA that can do the same.

Once upon a time when I was new to the trading industry a few years back I came across a software that was developed by this company called Agimat. For me that was a game changer and over the years the software has gone from strength to strength. I would like to thank Dennis Buchholz and his team for their hard work, dedication, and non stop efforts into making IQ Cloud EA what it is today.
Throughout the years the customer service has been excellent.
My queries were dealt with efficiently and communication has been excellent.
With regards to the IQ Cloud EA.....
It is the only system on this planet that I have full faith in. There is nothing out there like it.
It's a tried and tested system, reliable, robust and able to withstand challenging market conditions with ease.
Believe in the system and the rest will be history.
I wish you all the best with your trading careers.
Good Luck

This is an excerpt from an email I sent to Dennis a couple of days ago …

Hi Dennis and Admin Staff …
First of all, thank you for your amazing EA. Every single day since the beginning of the year (when I joined) ended on a positive note … averaging around 20% per month for the last 5 months.
I also wish to thank you especially for your management of the EA. The fact that you don’t turn the machine on and walk away … plus … turning it off during times of high volatility and during periods of extreme uncertainty demonstrates your commitment to making the EA the best it can be.
And the results show.

So, 5 stars to Dennis and the Team for creating this incredible EA.

Regretfully I can't recommend the IQ EA system based on my negative overall experience.

I had two prop firm accounts with a major provider - both of which failed challenges at different stages.

The most devastating was my personal account, which lost over 60,000 GBP.

I have reached out to Dennis but unfortunately on each occasion I have been told the system overall is working well. Whilst this may be the case, my personal experience is of the blown accounts and ignored warnings when I tried to flag up concerns early.

How can anyone trust putting money in something where these losses have been so great? Or the owner gaslights you into thinking there are no issues with their system?

If Dennis feels confident about this he should do the right thing and offer an appropriate solution to my losses.

I will update this review based on what happens.

I've been using Dennis's forex trading services for over two years, bought the Agimat EA and still using it till today, and his new IQ-EA service is a game-changer. It makes trading with profits very easy and hands-off, no need to pay for VPS or monitoring. Dennis handles everything. Dennis also would alert when it will stop trading during risky market conditions. Which has been reassuring that careful thought is in placed to keep funds safe. I can’t recommend enough Dennis, am grateful for his services. It’s the closest thing to passive income I’ve encountered! Thank you Dennis!

Words can’t describe how grateful I am to have found Dennis iQ EA. I’ve started in October 2023 with €2k and in December 2023, considering the amazing results, I put another €1k on my account. At this moment, August 2024, I’m sitting at €6k after already have withdrawn around €4k (would be sitting at more than €10k if it wasn’t for the withdrawals). Never had a negative trading day even though some drawdown occurred. I’ll be making new deposits every month so my profits can escalate.
Dennis is always available for any help you might need. Truly one of a kind! A blessing!
Please do not let this chance pass by. It will truly change your life!

IQ Cloud EA has been performing at an extremely high level this year. Dennis, creator if IQ Cloud, has also been very transparent of when he needs to do maintenance in order to continue the highest level of trading, this would include having to sacrifice trading days at times but the trade-off is worth it as I'm getting quality trades with relatively low draw down.

In addition, him and his team are very quick to respond. I've been using his automation for years, since back when he developed Agimat and IQ Cloud is just a much better version of it.