How to Download & Use Quantum King EA for MT5 (Setup Guide + Honest Review)
Searching for a way to download Quantum King EA for MetaTrader 5? You’ve probably seen dozens of results — shady “free download” sites, forum links promising cracked files, and sketchy Telegram groups. None of them work for MQL5 marketplace products, and most will compromise your trading account or install malware.
This guide covers exactly how to get Quantum King EA legitimately, what it actually does, whether it’s worth your money based on verified live results, and how to set it up properly once you have it.
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Available for $269.95 at CheaperForex (MQL5 price: $549.99).
✅ Same official EA with lifetime updates
✅ Full installation support included
✅ Extra 20% off with crypto payment
What Is Quantum King EA?
Quantum King EA is a fully automated expert advisor built exclusively for AUDCAD on the M5 timeframe. It was developed by Bogdan Ion Puscasu, the Romanian developer behind the popular Quantum series — including Quantum Queen (the highest-rated EA in MQL5 history), Quantum Emperor, and Quantum Baron.
The EA uses a volatility-aware grid system combined with adaptive martingale recovery. In practical terms, it opens structured positions on AUDCAD, dynamically adjusting the spacing between grid levels based on current market volatility. When the market is calm, the grid tightens. When volatility spikes, it widens — preventing the over-stacking that blows up most basic grid EAs.
It ships with three preset risk profiles — conservative, balanced, and aggressive — so you can match the EA’s behaviour to your capital and risk tolerance without touching any internal parameters.
First released in October 2025, Quantum King is currently on version 2.3 and averages 77 purchases per month on MQL5 with a perfect 5-star rating from 99 reviews.
Pair: AUDCAD | Timeframe: M5 | Platform: MetaTrader 5 only
Strategy: Grid + Adaptive Martingale | Account: ECN/RAW, Hedge mode
Min Deposit: $200 | Recommended: $500+ | Leverage: 1:100
Honest Assessment — Is Quantum King EA Any Good?
Let’s look at the verified live trading signal, not backtests.
The developer runs a live MQL5 signal for Quantum King that has been active since September 2025. Here are the numbers as of early 2026:
| Metric | Value |
|---|---|
| Growth | +146.57% |
| Win Rate | 78.61% |
| Profit Factor | 3.44 |
| Recovery Factor | 17.04 |
| Max Drawdown (Equity) | 21.23% |
| Total Trades | 159 |
| Avg Trades/Week | 6 |
| Monthly Growth | 7.11% |
| Live Since | September 2025 (22 weeks) |
| Algo Trading | 100% |
A 3.44 profit factor and 17.04 recovery factor are exceptional numbers for any EA, let alone a grid-based system. The 78.61% win rate is strong, and the max equity drawdown of 21.23% — while meaningful — is within acceptable range for a grid strategy on a volatile pair.
What stands out most is the consistency. The signal shows roughly 6 trades per week with an average 7.11% monthly return. This isn’t an EA that wins big then goes silent for weeks. It trades regularly and closes positions methodically.
What MQL5 Buyers Are Saying
The EA has a perfect 5/5 rating from 99 verified reviews on MQL5 — from buyers who paid full price. Here’s a sample:
🎯 Ready to Get Started?
Quantum King EA is available at CheaperForex for $269.95 — saving you over $280 compared to MQL5’s $549.99 price. Same official EA, same lifetime updates, plus full installation support.
How to Download Quantum King EA Legally
There are two legitimate ways to get Quantum King EA. Both give you the exact same official product — same license, same updates, same functionality.
Option 1: Buy Direct from MQL5 Marketplace (Full Price)
You can purchase Quantum King EA directly from the developer’s listing on the MQL5 marketplace for the current price of $549.99. This gives you 10 activations and lifetime updates. Payment is by card only, and MQL5 offers store credit (not cash refunds) if the EA doesn’t work out.
Option 2: Buy from CheaperForex (Save 60–70%)
At CheaperForex, the same official Quantum King EA is available for $269.95 — saving you over $280 compared to MQL5 direct pricing.
This is not a cracked or modified file. CheaperForex purchases licenses at volume and activates the official MQL5 product directly onto your MetaTrader 5 terminal. You get the genuine EA with all future updates, downloaded from within MT5 just like a full-price purchase.
| MQL5 Direct | CheaperForex | |
|---|---|---|
| Price | $549.99 | $269.95 |
| Official Product? | ✅ Yes | ✅ Yes |
| Free Updates | ✅ Yes | ✅ Yes |
| Refund Policy | Store credit only | Full cash refund (before activation) |
| Crypto Discount | ❌ No | ✅ Extra 20% off |
| Installation Help | Self-install | Free remote setup included |
| Payment Options | Cards only | Cards, Apple Pay, Crypto |
| Activations | 5 hardware activations | 1 hardware (unlimited MT5 accounts) |
MQL5 marketplace EAs cannot be cracked. They use MQL5’s built-in DRM that ties the EA to your MQL5 account and hardware. Any site offering a “free download” or “cracked .ex5 file” for Quantum King is either distributing malware, a non-functional file, or a completely different EA disguised under the name. Don’t risk your trading account or personal data.
Step-by-Step: How to Set Up Quantum King EA
Whether you buy from MQL5 or CheaperForex, the setup process is the same once the EA is activated on your terminal. If you purchase from CheaperForex, the team will handle the activation for you remotely — it takes about 2 minutes.
Step 1: Prepare Your Broker Account
Before anything else, make sure your broker account meets the requirements:
- Platform: MetaTrader 5 (MT4 is not supported for this version)
- Account type: ECN, Raw, or Razor with very low spreads
- Account mode: Hedge (not netting)
- Leverage: Minimum 1:100 (1:500 recommended for smaller accounts)
- Deposit: $200 absolute minimum, $500+ recommended
- Recommended brokers: IC Markets, IC Trading
If your current broker doesn’t offer hedge accounts or has high spreads on AUDCAD, you’ll want to open a dedicated account. The developer specifically recommends IC Markets and IC Trading for optimal performance.
Step 2: Install the EA on Your MT5
If you purchased from MQL5 directly: Open MetaTrader 5, go to the Market tab, find Quantum King in your purchased products, and click “Install.” The EA will appear in your Navigator panel under Expert Advisors.
If you purchased from CheaperForex: The team activates the EA remotely via a brief screen-sharing session (UltraViewer or AnyDesk) or via temporary VPS credentials you provide. Once done, the EA appears in your Navigator panel identically to a direct MQL5 purchase. Future updates are downloaded directly from within MT5 — no need to contact anyone.
Step 3: Attach to the AUDCAD M5 Chart
- Open an AUDCAD chart in MT5
- Change the timeframe to M5
- Drag Quantum King EA from the Navigator panel onto the chart
- In the settings window, go to the Inputs tab
- Load one of the included presets:
- Conservative — Lower risk, ideal for accounts under $1,000 or if you’re new to grid EAs
- Balanced — Moderate risk/reward, good general-purpose setting
- Aggressive / Extreme — Higher lot sizes and tighter stops. Only use on $1,000+ accounts with high-leverage brokers
- Make sure “Allow Algo Trading” is enabled (both in the EA properties and in MT5’s toolbar)
- Click OK
You should see a smiley face icon in the top-right corner of the chart, confirming the EA is running.
Step 4: Verify It’s Working
Check the Experts tab at the bottom of MT5. You should see initialization messages from Quantum King confirming it loaded correctly. If there are errors, common fixes include: ensuring AutoTrading is enabled, checking your account is in hedge mode, and verifying you’re on the correct pair (AUDCAD) and timeframe (M5).
Step 5: Run on a VPS (Recommended)
Like all grid EAs, Quantum King needs to be online 24/5 to manage open positions properly. If your home internet drops or your PC restarts while the EA has an open grid basket, those positions become unmanaged — and with a grid system, that’s where losses happen.
A Windows VPS from $13–25/month keeps MT5 running continuously with no interruptions. Any forex VPS provider that offers MetaTrader-compatible Windows servers will work.
Pros and Cons
✅ Pros
- Perfect 5/5 from 99 reviews — exceptional for an EA this new
- Proven developer — Bogdan also built Quantum Queen (4.98/5 from 400+ reviews)
- Strong live signal — 146% growth, 3.44 profit factor over 22 weeks
- Low minimum deposit — Works from $200, $500 recommended
- AUDCAD diversification — Different pair to the typical gold/GBPUSD EAs
- Plug-and-play presets — No parameter tweaking required
- Active development — Already on v2.3, developer is responsive and engaged
- 77 purchases/month — Strong ongoing demand signals confidence
❌ Cons
- Grid + martingale risk — Can experience sharp drawdowns during strong trends
- 21% equity drawdown — Significant, though manageable with proper capital
- MT5 only — No MT4 version (MT4 version exists separately)
- Single pair only — AUDCAD exclusively, no diversification within this EA
- High leverage needed — 1:100 minimum limits some regulated brokers
- Relatively new — Only 22 weeks of live signal data (though developer track record is extensive)
- Closed system — Advanced traders can’t customise internal strategy logic
Who Is Quantum King EA Best For?
Good fit if you: Want automated AUDCAD exposure alongside other EAs (pairs well with gold EAs like Quantum Queen), have $500+ to trade with, use MT5 with an ECN broker, understand and accept grid/martingale risk, and want something that works out of the box with no complex configuration.
Not ideal if you: Have less than $200 to trade, are uncomfortable with 20%+ potential drawdowns, need MT4 only, want full control over every strategy parameter, or are limited to low-leverage regulated brokers (EU 1:30 cap).
Frequently Asked Questions
Can I download Quantum King EA for free?
No. Quantum King is an MQL5 marketplace product with built-in DRM. It cannot be cracked or pirated. Any “free download” site is distributing fake files or malware. The only way to get the genuine EA is through the MQL5 marketplace (at full price) or through an authorised reseller like CheaperForex (at a significant discount).
Is CheaperForex legitimate?
Yes. CheaperForex has operated since 2019, served over 28,000 customers, and maintains a 4.5-star “Excellent” rating on Trustpilot with 116+ verified reviews. They activate the same official MQL5 product — not a cracked or modified version. If you change your mind before activation, they offer a full cash refund.
Does Quantum King EA work on prop firm accounts?
It depends on the prop firm’s rules. Grid and martingale strategies are prohibited by many prop firms. You’ll also need a hedge-enabled account, which not all prop firms offer. Check your firm’s specific rules before using this EA.
What is the difference between Quantum King and Quantum Queen?
Quantum Queen trades XAUUSD (gold) and uses an elite trend-following grid. Quantum King trades AUDCAD and uses a volatility-aware grid with adaptive martingale. They’re designed to complement each other — different pairs, different strategies, different market exposures. Many traders run both.
Do I need a VPS?
It’s strongly recommended. Grid EAs manage multiple open positions that require continuous monitoring. If your connection drops while a grid basket is open, those positions can run against you without recovery logic. A VPS costs $13–25/month and keeps everything running 24/5.
How do I update Quantum King EA?
Updates are self-service. Open the Quantum King product page in the MQL5 marketplace from within your MT5 terminal and click “Update” if a new version is available. This works identically whether you bought from MQL5 directly or through CheaperForex.
What broker should I use?
The developer recommends IC Markets or IC Trading. You need an ECN/Raw/Razor account with low spreads on AUDCAD, hedge mode enabled, and minimum 1:100 leverage. Ensure your broker uses 5-digit pricing.
30 Second Overview of Quantum King EA
Quantum King EA is a well-built, actively maintained grid EA from one of the most reputable developers on MQL5. The live signal speaks for itself — 146% growth with a 3.44 profit factor over 22 weeks is hard to argue with. The 99 verified 5-star reviews from paying MQL5 customers add further confidence.
The risks are real — grid + martingale will always carry drawdown potential — but the developer has implemented adaptive controls that keep things within reason. If you understand the strategy, have adequate capital, and use an appropriate risk preset, Quantum King is one of the stronger AUDCAD-focused EAs available right now.
Full price on MQL5 is $549.99. At CheaperForex, the same official product is $269.95 — saving you over $280. Same license, same updates, plus free installation support and a cash refund policy.
Get Quantum King EA — Save Over $280 →
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Disclaimer: Forex trading carries a high level of risk, and you may lose more than your initial investment. Past performance — whether from backtests or live signals — does not guarantee future results. Grid and martingale strategies carry additional risk of significant drawdowns. Always trade with money you can afford to lose and consider seeking independent financial advice. CheaperForex is an authorised reseller of MQL5 marketplace products and is not affiliated with MetaQuotes or the EA developer.