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Through their website Cryptoiqtrade.com, IQtrade is offering investment management services in Forex and Cryptocurrencies.
Based on our review and rating, the service didn’t qualify for inclusion in our list of recommended trading products and services.
The company claims that they are a professional trading, research and analysis company working with A.R Suisse Financial.
IQtrade also wants their clients to know that traders working with them have 10 years of experience and will deliver consistent monthly profits through a regulated broker.
Marketing materials on the Cryptoiqtrade.com website also claim that the service is fully transparent with a track record dating back to 2016.
However, we actually see that the vendor is not as transparent as they would want us to believe.
Their about us page fails to disclose who owns or runs Cryptoiqtrade.com.
It appears that IQTrade is an introducing broker (IB) since they state that one of the roles they undertake is to coordinate account opening process.
At the same time, they list a variety of trading strategies on their performance page.
These strategies are under the name of IQ Trade.
In order to clear this confusion and present a more transparent service, probably the vendor should consider telling us why they’ve partnered with A.R Suisse Financial in the first place.
IQTrade Review (Cryptoiqtrade.com)
The website is focused on providing visitors with a quick overview of their trading strategies.
The sales page does have a few sections which provide generic statements on managed trading accounts, minimum deposits, financial goals etc.
They also provide a contact form and a an award badge where they claim to have won the best investment management portal.
Who are the people behind iQTrade?
IQtrade did not provide a proper introduction of who they are. They only claimed 10 years of experience in the financial markets.
With no names, we can’t verify their 10 years of trading experience.
We find it a bit weird because a fund manager with 10 years of experience generally has nothing to hide.
Cryptoiqtrade comes across as a non-transparent company/website.
Trading Strategies offered by Cryptoiqtrade
The service is offering a number of trading strategies with promised monthly returns of between 12% and up to 40%.
They’re also telling us that drawdown is up to 22%.
They’ve accompanied their trading strategies with “myfxbook” performance but clicking the links will lead us to deleted accounts.
The question is why did Cryptoiqtrade delete these myfxbook accounts if the strategies are truly profitable?
Their actions are not professional and in order for them to get a positive review, they should consider reinstating those accounts so we can get a clear, more transparent approach of their trading.
Cryptoiqtrade (IQTrade) reviews and feedback
This service does not have any feedback from any investor.
We wonder why this is the case.
They should be getting clients to review their service so we can also see whether they’re living up to expectations according to what they promise on their website.
We generally don’t feel comfortable investing or partnering with managed trading service providers who don’t have any feedback from the community.
We don’t have any reasons yet to recommend IQTrade (Cryptoiqtrade).
In fact, we see that this might be a scam that has an agenda of making money from the fees they charge on your money whether you make a profit or lose.
It can be risky investing with anonymous vendors who neither provide their identities nor track record.s