Quantum Bots Reviews 141

TrustScore 2.5 out of 5

2.3

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Rated 1 out of 5 stars

Doesn’t even earn one star. Should be investigated for purveying false statements. Positive reviews probably SI generated. Use third party to set up customer accounts. Marketing is full of falseho... See more

Company replied

Rated 1 out of 5 stars

Do not believe anything they tell you. I made $2 on my first day with Quantumbots and then my account immediately lost money from that moment onward. My client support specialist repeatedly assured... See more

Rated 1 out of 5 stars

This my worst experience using a trading bot. They use fake advertising, they have questionable support. Always trying to making you to arrange your bot settings so you void all warranties and fully r... See more

Company replied

Rated 5 out of 5 stars

Was skeptical at first cuz I’ve heard about so many of the trade bots but never heard anything bad about the owner & knew that he had great morals. Gave it a shot, Best investment I have made financia... See more

Company details

  1. Software Company

Written by the company

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


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2.3

Poor

TrustScore 2.5 out of 5

141 reviews

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Replied to 27% of negative reviews

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Rated 1 out of 5 stars

Lost 23k to this Kong bot

Lost 23k to this Kong bot, I joined Kong after seeing ads on FB with 18-20% monthly returns, I thought after running Nurps algo as well and this one sounded like it go better returns. They said they built for their own trading. And during a zoom meeting was shown accounts that were averaging over 18% returns. So I wanted to take the chance an try it as well. So finally after a 10 days of waiting to finally get a 1on1 meeting to get loaded, It started trading the end of April on 25th. The 1st 3 days it lost 8.5% and I sent a message to how to shut this down because of no info. on how to manage it. Just to let it go. Finally they got back and said 3 days isn't enough time to work its magic, and see the amazing returns people are getting. So I let it go, & within a few days it started to recover some of the losses, and by end of the month it was up 17% in May, Then by end of June it had taken some big losses and wiped out the $1700 gains it had made in May. I thought maybe I will add additional funds which I did in mid june, But then the 1st part of July came and the GBP USD pair started to make big moves and the bot started losing and getting stopped out each time with bigger losses each time. The GBP buy went on a 4 loss streak and the lot increase went from a .77 to a 3.47 the last increase to 15.97 lot size on a 20k acct. in about 5-6 consecutive losses. How it determined how to jump the lot size to this extreme I have no idea. But this trade blew the last of the 23k Balance I had left. I then contacted customer service several times to get assistance on what could be done. But it wasn't until the very last minute where they replied. I had shut off auto trade on the bot to see if that would stop from taking the last 10k loss but with the large 15.97 lot trade, the broker stopped out my account and it blew the final balance of what I had left of 23k in my account. They said this was my fault but know of many others that contacted me as at the same time that either blew their acct. or lost a lot as well. The setting they showed, they later said they wish they never showed people but they still do. And now are saying they are lowering them. My brother was in the same boat lost 50k , was able to save 10k. He continue using it, using under the very conservative settings, which was suppose to be very conservative and the last of 10k was wiped out within 2 months later just a couple weeks ago. I asked for refund I think 3 times now but it is ignored. I thought about trying again with conservative settings but seeing it blew his acct. with conservative setting I don't think I even feel comfortable doing that.

2 July 2024
Unprompted review
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Reply from Quantum Bots

Good Evening Paul,

We are sorry you had a negative experience. As you can see from the majority of our reviews, clients love our software (and we have great stuff coming out this week, which we're excited to share)!

Searching our records and your trade history, we can see you adjusted your settings seven times, at times running on an extremely high-risk setting.

This coupled with the first time in 20 months we have seen the software enter into a 5th or 6th sequence for some users, and manipulation/slippage by OX Securities (who we have warned against using) led to a dangerous scenario with your account.

Nonetheless, we would love to do what we can to set things straight. We have three new systems being released which have been 1 and 5 year track records of incredible performance, and we'd like to offer you some of these free of charge to help you rebuild.

We've all experienced loss, and so empathize with your experience deeply. We look forward to speaking further.

Rated 5 out of 5 stars

Kong Review

Five months, 31.5% gain,max 10.4% DD on Playxytrade. Enough said. I'll check back at month 12!

26 July 2024
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Reply from Quantum Bots

We have TWO James M's so not sure which one this is, but thank you for taking the time to write this!

Rated 4 out of 5 stars

Kong

I'm figuring they named this after the video game and maybe I should take these things more seriously but that honestly was a selling point for me lol. But still I knew nothing about algorithms or "bots" or whatever before this. Setup was a little tricky but once I got on the 1-1 call it wasn't as scary as it appeared. I don't check my account often... once every week or two and it's been growing strong. Lost a bit in one trade but I'm still up. I honestly had no idea it was possible to earn over like 5 or 6% a year so this is pretty wild.

8 August 2024
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Reply from Quantum Bots

Thank you Ari!!! We're psyched to have you as part of our growing family!

Rated 1 out of 5 stars

I've had a terrible experience with…

I've had a terrible experience with this company for the past two months. They haven't met my expectations and their support can be so poor whenever you face any challenges on their portal. My investment was a loss with this firm and they couldn't do anything to it. They're not consistent. PAIVA, on the other hand, is stable and promising in the services it renders for its investors.

28 August 2024
Unprompted review
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Reply from Quantum Bots

Hello Emily,

It sounds like there is some confusion... we are not an investment company, but a software provider. We do not take or manage investments in any way. We also have no client by the name of Emily Fuller. All of our clients are well documented, with a contract signed.

Furthermore, it seems you are advertising another platform, so this review is likely not based on a legitimate experience but intended to guide readers towards a platform called "PAIVA."

If you would like to learn more about our powerful trading softwares, please email us at info@quantumbots.co - we would love to share them with you!

Rated 3 out of 5 stars

Wonderfull and Honest

48.5% in 6 months on Plexytrade with max 8.9% drawdown. I'd say that's a product worth five stars.

7 August 2024
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Reply from Quantum Bots

Thank you, although you only left three! Lol

Rated 5 out of 5 stars

Newbie

Having known literally nothing about trading algorithms or FOREX, I'm so happy I decided on Quantum, mainly because they've educated me on how these algorithms actually work. They are open and honest about risk and walk you through every single step of the process. I'm not going to say it was a simple plug and play... there is some learning and setup involved. But I'm four months in and watching my money grow. My account is DOUBLED! Why doesn't everybody do this?

12 August 2024
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Reply from Quantum Bots

Olivia - that's AWESOME!!!

Rated 3 out of 5 stars

It has not really worked out as they…

It has not really worked out as they have promised here. What actually went wrong. I had only one option when the whole issue started which is why I have opted for ( Daily treasure ) instead. I get my payouts there with no issue at all.

10 August 2024
Unprompted review
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Reply from Quantum Bots

Hi Melina,

Thank you for your feedback. We're sorry to hear about your experience, though it seems there might be some confusion.

We strive to provide excellent service to all our clients and are concerned that you feel this way. However, we believe your mention of the "Daily Treasure" might indicate a mix-up, as this is not associated with our company, and we have no client by the name of Melina Darwin.

We recommend reaching out directly to their support team for further assistance. If you have any issues with our services, please contact us directly at info@quantumbots.co, and we'll do our best to address your concerns.

Best regards!

Rated 5 out of 5 stars

I have only been a client with Quantum…

I have only been a client with Quantum for a few weeks so I cannot yet really comment on longer term results. I'll for sure come back and leave feedback on that later. But I can comment in their setup process, which was very clear... online guide, a calculator to help me choose a setting, and daily setup calls (although I don't believe they have one on Saturdays). A+ on the setup and their team for sure.

1 July 2024
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Reply from Quantum Bots

Thank you, Wayne! We look forward to an addition to this review on your one-year anniversary!

Rated 5 out of 5 stars

Wish I did this months ago!

Started with the starter license. Put in $10K to start in my broker. Went with Plexy trade. Randall was my onboarding specialists, he honestly was very very helpful. We ran out of time, but he was able to find more time after his other appts to get back on a call to finish the setup. It was just setup in a single day! Super exciting to see the bot trading on auto pilot! It's very addicting to just sit and watch the growth. My account has been active for just 1 week and my account is already up 5%! I've been loving it, highly recommend anybody to use it.

7 August 2024
Unprompted review
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Reply from Quantum Bots

I'm glad you had such a great onboarding experience, Rulon! We will definitely let Randy know - he's the best!

Rated 5 out of 5 stars

Sick of Grids

I have only been a client with Quantum for a few weeks so I cannot yet really comment on longer term results. I'll for sure come back and leave feedback on that later. But I comment on their setup process, which was very clear... online guide, a calculator to help me choose a setting, and daily setup calls (although I don't believe they have one on Saturdays). A+ on the setup and their team for sure.

29 July 2024
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Reply from Quantum Bots

We second the "sick of grids" title!!! Thank you for the kind words Mason!

Rated 5 out of 5 stars

Consistent Returns with Kong

My background is running crypto bots in the last bull run. Sure I had some incredible returns but when the bull run ended it lost all the profits. What I most value about Kong is the safety features that are built into it. Firstly how it doesn't auto compound. As well it'has a stop loss which isn't revealed to the broker so they can't manipulate it. The support and technical guidance the Quantumbots team has is incredible and glad to work with them.

1 June 2024
Unprompted review
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Reply from Quantum Bots

Jacob - awesome man!!!

Rated 5 out of 5 stars

Learning As I Go

I have used nine algos. All of them have been grids and I honestly got so sick of that strategy. Not that grid algos are bad, per sa, but you're basically throwing spaghetti at the wall and seeing what sticks with a grid algo. So I was happy to see kong doesn't use a grid but is purely taking single-direction trades, one on each currency pair. Definitely no complaints so far - returns have been solid and drawdown way lower than all my grid bots.

16 July 2024
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Reply from Quantum Bots

Adam - yes we feel the same way about "grid" bots. They're cheap to build, give you the illusion of making money, and then usually explode. These explosions aren't "black swan" events... they're just the market doing what the market will eventually do: make a big move! Nothing has zero risk, especially when you're shooting to outperform the world's top performing hedge funds, but we think we're pretty darn close!

Rated 5 out of 5 stars

Great Service

I've just gotten off a support call with Aila (I may have spelled that wrong!) and am glad to leave a review here. I've been using Kong on an account with EnviFX just shy of three months. The gains have been fantastic (just under 27%)! However I realized yesterday that something seemed off... I checked MT4 and a trade. I was in had passed my take profit level and was continuing. Lucky me, I suppose, that I was in deeper profits, but there was obviously an issue! Aila helped me ensure my MT4 was still connected to broker (it wasn't) and showed me how to check this each week on Sundays. I wasn't aware they have a webinar every Sundays to talk clients through that. That is my mistake, I suppose as I didn't see those links when I logged into my account and I had not joined their Telegram group (I have never used Telegram before). So thank you Aila for you help! Excited to see my account grow.

23 July 2024
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Reply from Quantum Bots

It's Aira, an we will let her know you were grateful for her call! Building a support staff has been quite a journey, and we're so proud of our team :-)

Rated 5 out of 5 stars

Comprehensive Review From the Start

I’m taking the time to write a comprehensive review on my experience with Quantum Bots from purchase to setting up my bot and the past few months of use. My salesperson was friendly, although of course he was a salesperson interested on selling me. But the information was convincing and I decided to proceed after thinking about it for a few days. Once I purchased, I immediately received an email with a few pieces of information: - A link to log into their web site where I could access my software download and information on setup. - A link to their private Telegram channel. I was a little confused about how to set up at first, but was told that Zoom links to their setup calls would be inside my login. They were indeed there as they said. They hold setup calls every weekday and Sundays at the same time each day, for two hours. I was a bit unclear as to which call to attend so I called my salesperson and he explained. The first hour of each call goes over the setup of your “VPS” and answers any broker related questions. The second part shows you how to connect your software. I was able to join the calls and follow along. They did also offer a 1 on 1 setup call but I found the group call worked for me. I followed their guidance and used “conservative” settings. Although I am kind of confused why they call them conservative… it seems most people using conservative settings are getting over 6 or 7% a month which is over 80% a year. That is NOT conservative. That is GREAT! I also followed their guidance and did not touch anything once it was set up. On Sundays they hold a call to do what they call “housekeeping” which is making sure everything is working properly. On this call they walk you through a few things to check each Sunday. The call is an hour but really once you learn what to do this takes only a few minutes. Of course the important part are the returns. My first month was less than 3 weeks of use and I saw only a small return… about 2%. I was a little disappointed but I had made a decision to use this for a year and see what happens. I am now 3 months in and my returns are 23.5% - an average of 7.8% a month which is GREAT. I did not know what drawdown was until I was educated on it. Drawdown is when a trade is in a negative but not sold yet, so it is what they call an “unrealized” loss. I cannot see drawdown in my broker but I am going to hook my account up to fxblue and see the history. Quantum has a training on this and encourages people to set one up. I’m looking forward to doing that but I just haven’t had the time. Overall my experience with Quantum has been a good one. I see some negative reviews here and that has not been my experience. I knew I was taking a risk, I have definitely felt supported and I am happy I made the purchase." with "

24 July 2024
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Reply from Quantum Bots

This is definitely a THOROUGH review - thank you!! We hope for many years of great success and prosperity. Using algorithms changed our lives, and we are excited to be sharing them with you and so many others!

Rated 5 out of 5 stars

People Don't Listen

I've been using Kong only for about two months so can only comment on performance for a short time, but that time has been good. I am using a medium risk setting. The value I put in my account ($15,000) is comfortable for me to put at a higher risk. My first I did just under 8% but the second was 15.9% so a total of about 24% which is great in my book. I attended an education call last week with Adam and it's obvious that some clients are really just not listening. They literally walk you through how to set this up and what settings to use. I knew a little about MT4 coming in to this but not much. I think anybody having an issue number one hasn't accepted the risk required to get higher returns and number two are just not listening to instructions.

5 August 2024
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Reply from Quantum Bots

Thank you, Ed! I remember you from our webinar a few months ago - psyched to see your name here!

We're glad things are working out well for you and hope our software provides a great benefit to you and your family. We are very grateful for the review, realizing you paid for a product and then took the time to do this... thank you!

Rated 5 out of 5 stars

Kong Trading Bot

This has been my first experience with a "trading bot" and i can say it has been very positive. I have honestly can't believe I never look into something like this before I'm just over 4 months in and my accounts is up over 39% That's incredible considering my other investment don't see that kind of return in two years. I understand this is higher risk, So I haven't put a large amount of money in my account ( I began with 20,000$ which was very comfortable for me). many thanks to the Quantum Bots team!

3 August 2024
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Reply from Quantum Bots

Jack! We recognize your name because you WON this license in a random drawing on one of our webinars... so happy it's blessing you!!!! We're excited to help you diversify as your account grows :-)

Rated 5 out of 5 stars

After signing the contract

After signing the contract, I didn’t feel comfortable trading. The customer support and Luk were extremely responsive and cooperative and helped me with alternatives. Had a good experience talking with Luk.

28 July 2024
Unprompted review
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Reply from Quantum Bots

Thank you Aalok!

Rated 5 out of 5 stars

I see all the negative commentary below…

I see all the negative commentary below and have been meaning to write a review. I have been studying various passive income strategies online for the last year or two and recently pulled the trigger on a few as I figure I'm not going to make quick money on one, but with multiple streams, maybe I create a nice passive income to replace a traditional job! Not surprisingly, nothing online, like in real life, is easy or guaranteed and without some degree of learning curve and risk. I started working with Quantum in early June with a $25K account. From day one, I asked a lot of questions of my sales rep and other users whose references I was given. They were all very responsive, at times I felt like I was being annoying but they came through with account reviews, and we did two private Zoom calls. Then by a random coincidence, which I learned by watching one of their educational casts, one of the founders ended up living a few minutes away from me, and we set up a time to have a drink at a local restaurant and I asked even more questions. Great guy, and he won my trust. He did point out one of the more common brokers used by many (without naming it, they are based out of Australia) manipulates trades and accounts, and my experience showed evidence of that. My account did go up and down and we changed settings several times. I was a bit frustrated with it, after about 6 weeks, I had a very big "win" which alone gave my account an 11.9% monthly average return. I used this opportunity to take my profit and change brokers; I am working closely with the team to do just this right now and hopefully that's up and running by later this week. This is a longer term strategy, do not get discouraged after a few weeks, be prepared to commit 6-8 months here, and use a more conservative strategy. You need to get comfortable using foreign brokers and learning the process that comes along with doing that (in order to deposit, withdraw, etc.). I am a real user, and would be more than happy to talk to anyone about my experiences!

28 July 2024
Unprompted review
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Reply from Quantum Bots

Daniel - thank you for the feedback! It was a pleasure meeting you and we're all looking forward to prosperous years ahead!

Rated 5 out of 5 stars

250%

Been a client since January and definitely no compliments! I went pretty aggressive and for real I'm up over 250%. Keeping my account on conservative now though so I can ride this balance for a while then withdraw. Kong def worth the hype.

26 July 2024
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Reply from Quantum Bots

😃😃😃

Rated 5 out of 5 stars

Amazing company

Again, I a wanted to state that this is an absolutely amazing company to work with! Customer service is top tier!

16 July 2024
Unprompted review
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Reply from Quantum Bots

Thanks Benjamin!!!

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