EFX AlgoReviews of easyfxtrading.com

My account was growing slowly over the first several months but hit a wall in April 2025 and has been negative since. If this algo is so good why is everyone losing money especially when other systems appear to be profitable on myfxbook? Unfortunately, I am reluctant to recommend EFX - easyfxtrading at this time. To clarify, the drawdown in my account has been stuck at 30.92%. My balance is -5.2% from my initial deposit and my equity due to the drawdown is 30% lower than my initial deposit. At one point my account was up 8% but that profit was lost. If I was to include fees from EFX my loss would be even greater. I hope this will turn around and be profitable but I'm losing confidence every day there is no improvement.

I'm so sorry that I was convinced to think this worked. Been almost 6 months and end result is me losing money. On top of that a monthly fee. After the very large deposit to use their algo I am down almost 50%. Tried calling rep. He stated they are not taking calls. Omg if you are not there for people when times are bad, this explains everything about someone who said they will always pick up and be there for us. Just stay away no such thing as easy money

Soon or later, you will lose all your money The EFX Algo trading software is not well designed. The Stop Loss is very poor. When market falls, EFX took all my values and put into Floating Trade, and cashout in Closed Trade the next day. It forced my account to ZERO. When market crashes, the Forex is very bad. Why cash out at this time and lose all my money? I don’t understand the logic behind EFX. Where did my money go? EFX won’t tell me, they won’t show me the trading history neither! They won’t even talk to me. They are irresponsible. They probably took all my money away? I joined EFX Algo a year ago. With normal return showing on myfxBook. When I sensed the market wasn’t stable, I took some asset out, the trading bots (or EFX Algo) went banana. Moved all my asset to Floating Trade (why?). I cannot stop it. Then the next day, EFX cashed out all my positions and account went to ZERO. It’s very scary. I need the money. It's my retirement money and EFX won’t even talk to me! I didn’t expect this (down to ZERO) will happened to me. Because I have been a very careful person. But it did. The EFX Auto Trading software is not mature, and cannot handle many critical situations. All members should be very careful. Don’t trust EFX Algo, or you will lose all your money soon or later. David, 408-627-2334.

My account is down by 50%, I have lost about 50,000 in a year. Everytime I tried to cancel and get my money back they push you not to cancel. This highly NOT recomended. Even if you invest mony in random stocks you will come out ahead.

Don't buy the Algo it's not worth it. They do large trades amount trades and just few trades can blow up the account. My account is 40% down. This is not okay, they should have stopped the bots when it was down like 5 or 10 percent. They are also very expensive

On the 3rd April, my account dropped its profitability by 60%, further and worse than this, they sent a message out saying due to a volatile market the bot would go into capital preservation mode. This is not what happened, instead my drawdown trebled to 30% just two days, the losses increased, and now my account floating profit and loss stands at a loss of c$45k and it’s getting worse. If that wasn’t bad enough, the owners then decided to stop people discussing the issue on the community feed and disabled the feed so that nobody could see what others were saying. This is horrific business, not transparent, and raises serious questions. I’m shocked, and I’ll be asking for all of my money back.

8/12/25: I am updating my review after being with EFX for over 1 year now. I am EXTREMELY DISAPPOINTED with the results since I wrote the review below. Their sales pitch was great and their claim of 3-5% monthly return is fairly accurate, BUT nobody in that organization ever mentioned the DRAWDOWN! I invested $50,000 and as of today, my account has grown to $67,000. BUT, my account drawdown is over 39%!! In other words, my $50,000 investment is now worth just over $40,000 PLUS it cost me $10,000 to get into this program. The salesperson who got me and 2 of my good friends into EFX, is now with another company pitching the same type of program. DON'T EVEN THINK ABOUT MAKING THE SAME MISTAKE THAT I DID!!! *********************************** 9/26/24: I joined EFX in June and my ABSOLUTE GAIN is 16.5% as of this morning. I am very pleased with the results for only 4 months of investing. The sales person did a wonderful job in explaining how things work with their company and held my hand through the somewhat complicated process of onboarding. I invested $10K initially with OX and have since added an additional $10K, with more to come. I have been burned in the past with trading systems, but these guys are the "real deal". And the best part is you let the bots do the work and you do not have to make any decisions on which currencies to trade. Sit back, relax and enjoy the ride!!

Hi everyone, i went with a 1hour zoom call with one of the marketing team guy, it went good. But the price of licensing a bot will blow your mind it’s almost $13000 one time payment to setup and they don’t care if the bot doesn’t make money after 60days. And top of that there is $99 monthly service fee. If the capital is less than 100k and they will keep on increase the service free if your account grows bigger. So please take this a neutral review i am not against to anything just with the pricing.