EFX Algo provides structured, rules-based trading technology designed for individuals who want greater clarity, control, and discipline around how capital is deployed.We work with entrepreneurs, business owners, and investors who prefer systems over speculation, and who value transparency, defined risk parameters, and decision-making frameworks over hype or short-term promises.EFX does not take custody of client funds. All trading activity runs inside accounts owned and controlled by the user, with clearly defined rules, visibility into performance data, and the ability to start, pause, or stop at any time.Our focus is not on predicting markets, selling financial advice, or guaranteeing outcomes. Instead, we help clients evaluate whether a rules-based, automated approach fits their goals, risk comfort, and expectations—before relying on it as part of a broader capital strategy.EFX emphasizes education, evaluation, and long-term alignment. Many clients begin with a structured evaluation period to better understand how the technology behaves in live market conditions and whether it belongs in their portfolio.As with all market-based strategies, trading involves risk and is not suitable for everyone. We encourage prospective clients to ask questions, take their time, and make decisions they feel confident standing behind.
EFX Algo (easyfxtrading.com) has 435 customer reviews on Five Star Index, with an average rating of 4.1 out of 5.
Also known as
easyfxtrading.com
Website
easyfxtrading.com
Category
HR & Recruiting
Listed on Five Star Index
2026
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The company replied to 10% of reviews.
Latest
Most recent review: October 2026.
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Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
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EFX Trading Bot Worked Initially, buy Turning Into a Disaster
I purchased the auto trader from EFX when it was first introduced in October, 2023 since there was an introductory offer to current EFX-U members (which I had joined a few months earlier). Since I had no experience with trading algos and there were a lot of negative reviews on competitive algos, I started with a small account (thankfully). The first year or so was great, but with a small account, their monthly fees ($97/month for my account size) and VPN costs were wiping out most of my gains, but nevertheless, the account was positive and slowly growing. Then the tariff talks started in April of this year. The account went into high drawdown due to trades made just before the talk started and continues to get worse (my drawdown is now around 40%). People were obviously concerned when this started and began asking questions and making comments in the discussion rooms - EFX started censoring them and deleting them, and now they have shut the rooms down altogether. They now rarely communicate and when they do, they make it seem everything is under control and going according to plan - but they still will not allow discussions in the group - they claim misinformation and harmful comments (sound familiar?). If you are considering this - DO NOT BUY THIS ALGO!
GI
GiGi
Building blocks to solid foundation
Didn't delivered, more of marketing a situation.
DI
Dragos I.
Bad experience EFXU
Hello all,
I am writing to express my dissatisfaction with the recent experience I had with your company. The process of joining the company involved several interviews, however, due to my connection with an existing member, my experience was rather atypical. During the interview, I was not provided with important information regarding contract specifications and other relevant details that become unavailable after a certain period of time.
In that meeting, I felt pressured by one of the team members to make an immediate decision, sign the contract, and make the payment without being given the opportunity to read the contract thoroughly.
Subsequently, I discovered that some of the company's offerings and availability differed from what I had understood during the interview process. I attempted to contact EFXU support and one of the co-founders to address my concerns, but I did not receive any response. After multiple attempts, I was finally able to communicate with another founder who acknowledged the situation, however, my request for a refund was declined on the grounds that the product is considered non-refundable due to its digital nature.
Despite my efforts to engage with the company and make the most of the situation, I found it difficult to do so due to time constraints, lack of enjoyment, and subpar course material. The course content primarily consisted of lengthy videos with minimal visual aids, interruptions, poor audio quality, and excessive use of irrelevant images. Additionally, the scheduling of meetings was inconvenient and challenging to accommodate alongside my work commitments, although I had initially accepted this as part of the arrangement.
To summarize the issues I encountered:
- pressure to make a hasty decision during the contract signing process, without adequate time to review its contents.
- lack of disclosure regarding important information during the initial meeting.
- excessive payment of 7400 euros for a product that I feel does not deliver the expected value.
- substandard course material, consisting of lengthy, monotonous videos that make it challenging to maintain focus.
- meetings scheduled in a manner that is inconvenient for working individuals, despite my initial assumption.
I feel it is important for future individuals considering your company to be cautious and thoroughly review the contract, as the information provided during the interview process may not accurately reflect the terms outlined in the contract. Additionally, in the event of dissatisfaction, there is currently no process in place to address concerns or provide alternatives. These aspects, combined with the lack of responsiveness, have left me feeling completely disappointed with my experience. Furthermore, while the company portrays itself as a "family," it is disheartening to note that the community experience has a predetermined end date due to contract expiration, which contradicts the notion of a lasting and supportive familial environment.
Update: In my attempt to share my concerns within the community to provide transparency, I observed that my post has been under review for a significant period without being processed. It seems that there might be selective filtering process in place, favoring positive content while potentially restricting posts that reflect negatively on the company. This observation supports what I said above.
Update two
It is with great disappointment and concern that I bring you the latest development in my ongoing experience with this company. They have taken the drastic step of banning me from their community, which leads me to believe that they are actively trying to suppress the feedback I have regarding their services.
To add insult to injury, they have unequivocally breached the contract we entered into. I paid for a specific service, and they have disrupted and failed to deliver on their end of the agreement. This blatant disregard for their obligations has left me with no choice but to label their actions as nothing short of a scam.
It is my sincere hope that the readers who come across this message take it to heart and exercise extreme caution when considering any involvement with this company. They have shown a complete lack of integrity and have proven themselves unworthy of trust.
I implore you all to heed this warning and stay away from this company. It is only through spreading awareness that we can protect others from falling victim to their deceptive practices.
Dragos
Response from EFX AlgoJun 15, 2023
Dragos,
Thank you for taking the time to share your feedback. Your insights are essential to us as we continue to strive for customer satisfaction and service excellence. We regret to hear that your experience with our company has not met your expectations, and we assure you that we take your concerns seriously.
Our goal during the interview process is always to make sure every potential member fully understands the nature of our agreement and its obligations. We apologize if you felt rushed into making a decision. We aim to provide a comfortable and respectful environment for all our members and will review our procedures to ensure this doesn't happen in future instances.
As a digital company, we work diligently to provide comprehensive and accurate information regarding our products and services. We regret that there may have been a misunderstanding regarding the contract terms and the nature of the product you purchased. We encourage all our members to review contracts thoroughly before signing, and we do our best to ensure everyone understands the terms.
Regarding your concerns about the course material, we continuously work on improving our content based on feedback like yours. We acknowledge that not all learning styles are the same, and we are always looking for ways to improve and diversify our content to meet various preferences.
We recognize that the scheduling of meetings may not have been ideal for you, and we apologize for any inconvenience caused. Our team aims to cater to a wide range of schedules and we continually work to provide flexible timings.
As for the community experience, we strive to create a supportive environment that extends beyond contract periods, and we are sorry to hear that this wasn't your experience. We assure you that this is not reflective of our company values and philosophy.
Regarding your recent attempt to post in our community, we moderate all posts to maintain a respectful and constructive space for our members. This is not intended to stifle honest feedback or criticism but to ensure that all posts are appropriate and beneficial to the community as a whole.
We appreciate your understanding that our policies are in place to ensure that we can continue to provide a high-quality experience for all our members. Our team will take into account your feedback and work on areas of improvement.
Despite the unfortunate circumstances surrounding your recent experience, we thank you for bringing these concerns to our attention. We are committed to continuously improving our services and your feedback plays a pivotal role in this process.
Thank you again for your feedback, and we wish you all the best in your future endeavors.
Best regards,
Joe
Co-Founder, EFX
JO
Joseph
So they offered the apprenticeship if…
So they offered the apprenticeship if you done exactly what they asked! So I did, but I didn't recieve any phone calls, text messages or emails to confirm my appointment date and time, just an email and a time I picked for a discussion.
Then on Monday the day before I was meant to have tye discussion, the meeting was cancelled without any explanation. I emailed them twice and sent a message on their site asking why was the meeting cancelled amd to this day I have not recieved any reply.
They may have alot of good reviews and be really good at what they do but through my experience i have to say they were very unprofessional and bearing in mind they say they want to help traders be successful, I don't see this with my experience.
Response from EFX AlgoJun 2, 2023
Hi Joseph,
This is Joe, one of the co-founders.
I spoke with our team and they have sent me multiple screen shots of the back and forth in email, where we answered your questions promptly.
Having said that, we reserve the right to cancel appointments as necessary, given the fact that we get hundreds of applications to work with us inside of EFX University and we unfortunately can't help everyone at the same time.
If you haven't received an email reply yet, it's because we're working through hundreds of emails daily and we will surely address yours as soon as our team gets to it in order of receipt.
You're right about one thing, we have a lot of great reviews from our clients who actually make it through to work with us, it's a shame that our only 1-star reviews are from people who actually don't have that experience working with us, which doesn't really paint an accurate picture of what we stand for.
If you don't get a response from us M-F during normal business hours, please just email [email protected] and we will get back to you as soon as possible.
All the best,
Joe
RA
Reza A.
Terrible Zoom Call
Got on a video call with their sales guy. He asked me to give my opinion on their program and I said it’s a seven out of ten. He got angry and told me I shouldn’t be trading! I’m like okay and he says that was a test, you’re not committed! As if I need that clowns permission to trade. What a joke! If you’re really making so much money trading you shouldn’t even care if someone buys your program.
Response from EFX AlgoApr 29, 2023
Hi Reza,
This is Joe, one of the co-founders.
Appreciate you leaving your feedback on our sales process.
Having said that, the reason why we ask how you feel about our process specifically, is to gauge if it's a good fit for you and for us.
We don't allow just anyone in our program and we understand that our style of trading and education isn't a fit for everyone.
And you're right, you don't need our permission to trade, but we have processes in place to ensure that our culture remains positive and we're working with people who are 100% bought in to how we approach day trading and 100% ready to do the work.
We care deeply about who buys our program, because we actually care about the people in our private community and helping them get results.
Whether we are making "so much money" from trading or not, is irrelevant and ultimately not going to make YOU successful.
Hard work, the right environment and the right mindset for success are some of the main ingredients.
It looks like it wasn't a good fit right now, but feel free to reach out if you want to have an open conversation about why our process is the way that it is.
We wish you the best of luck!
Joe
DD
david D.
Not Worth It
Over price content to when they need more customers the under sell stuff that was costing 1000s for no more then 10s of $ preach about wanting to serve just another rip off just like IM Academy in fact these guys are from there
Response from EFX AlgoFeb 22, 2023
Hi David,
Thanks for leaving some feedback. I’m going to try my best to address your comments and hopefully shed some light here.
1. Overpriced Content to when they need more customers they undersell stuff that was costing 1000s for no more than 10s of $.
If you are referring to our Kick-Starter course that was once priced at $1497 and is now $27, you are right that we made it insanely more affordable for more people. However, we do not NEED more customers and that’s not why we made the decision to change the price. Our core program is EFX University, which is where our team spends most of its time serving our clients who are trying to become more competent and confident traders. We actively serve over 500 students in there EVERY DAY and have been for years.
Kick-Starter is a Do-it-Yourself course that is for people who just want to take a look at the strategy we teach, hence why we wanted to make it accessible for as many people as possible. Actually, those who spent $1497 for it and later those who spent $497 for it have been given credits towards our new Community program so they can get more access to our team.
We will always be testing new products and pricing to find a fit with where the market is RIGHT NOW and unfortunately for many, times are tough and they still want to learn, so we will take a hit on the $27 product in order to help more people.
2. Preach about wanting to serve just another rip off like IM Academy in fact these guys are from there.
I’m sorry you feel that we’re a rip off, but unless I’m mistaken I don’t believe you’ve actually purchased anything from us. Having said that we have plenty of free and valuable content on our YouTube Channel, inside of our Free Facebook Group and with the free mini-course we offer to anyone who wants it. We also don’t shy away from the fact that we came from IM Academy, it’s an important part of our story.
Danny got his start there - educated for thousands of members and the other co-founder. Bogdan and I (the other 2 co-founders of this company) hired Danny to mentor us. A few months in, Bogdan and Danny had a conversation at an IM event in London and decided “recruiting” people into an MLM was not serving anyone in trading, so we created this company to serve traders.
We are NOT an MLM, nor do we associate with any MLM practices.
If you’d actually like to learn about why we offer different products at different price points you can reach out anytime. And contrary to what you might think/believe, we are actually here to serve you and anyone else wanting to become a better trader.
You might even notice that the vast majority of reviews on our TrustPilot are 5-star, because these are people who ACTUALLY work with us and have a relationship. Not speculating.
Wish you the best.
Joe
Co-Founder, EFX University
AN
Anubis
Utter lack of courtesy.
Utter lack of courtesy.
These guys gave me phone appointments TWICE and didn't show up.
We finally spoke, and had a good conversation to which a follow up was promised.
Never heard from them again.
Not even to let me know that there won't be a follow up.
That's the definition of arrogance...
