quantumbots.co

3
3 Based on 128 reviews

Quantum Bots provides industry-leading automated trading software to retail traders, fund managers and hedge funds....

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James Chen
STAY THE HELL AWAY.

DO YOURSELF A FAVOR, DON'T.Mid 2024 - they blamed their losses with broker Ox Securities. They suggested using another broker Tradiso. While transferring funds to Tradiso, I lost 7% right off the bat. But that's on me to trusting Quantum.At that time (mid 2024), Quantum had a bot named Kong. It used Martingale strategy (keeps doubling up to try to make up losses). Position size went from 0.03, 0.08, 0.15, 0.3, 0.8, 1.5, 2.4, 8.3, etc. When it went to 8.x, my account lost 65% - only two months with them in the 3rd quarter of 2024.I questioned them and they said that's how it worked. The exponential increase in position sizing will blow your account. At some point, you will run into a market that goes in one direction for a prolonged period of time. And if you keep Martingale'ing, you WILL blow your account.Then in late 2024 they provided more algos - Atheena, Axis (and I think one other). Again, same Martingale stuff, but different underlying. When you Martingale, you win most of the time, until you don't. And when you don't, you blow your account, or close to it.I have used 5 Forex trading algo companies. Quantum Bots by far lost me money the fastest. Their "bot" I doubt has real good logic built into it. When it loses, easy, double down and hope for the better. Stay away. Unless you like to lose money.

1
Date of experience: Aug 27, 2025

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