EFX AlgoReviews of easyfxtrading.com

The Onboarding Customer support was simple Andres Gutierrez & Garret Thower continue to answer my ongoing questions. EFX is performing as described

EFX has been an amazing experience since i opened my account. They definitely stand by there product and keep you in the loop at all times. I have been satisfied of the results of the gains on my account. I plan on stay with this company for the long haul.

Joe, Danny, Bogdan & the entire EFX team have been an absolute pleasure to work with. I have nothing but positive things to say about their business. From returns, communication, transparency - the EFX team is by far the best. I have worked with several other companies like EFX in the past & was always left with a sour taste in my mouth. I took a chance with EFX & would recommend anyone who is "thinking" about doing it, do it immediately. You will not be disappointed.

6 weeks since my first post. From a community that could engage regularly and were always treated with special care and respect to now get 2 posts a month with the comments disables and not a single person able to speak in the community forum EFX has really failed their users lately. I see a few reviews that are positive from individuals that says its been amazing. The issue is like myself they joined in a time after the big drawdown. Like me they will have decent returns. I almost had 25% growth in 6 months. But like me the day will come when the drawdown will suddenly shoot up to 40%. I have gone from +20% to - 10% on my capital investment. As things stand at the moment I am still down 40% on my drawdown and its been consistently at this level since the start of April. Don't really know why I keep holding and staying with them as they have proven for weeks now that its just business as usual. That of course is fair but don't fall for the advertisements all over facebook about a successful and transparent community. It simply is not true.

I funded my account May 2024 and enjoyed good returns averaging over 4% per month. Then in April of this year I lost over 6% and my equity (the amount that is actually in the account) is $5,000 less than the amount I funded the account with. So as of today, after just over 1 year in their trading system I'm $5k in the red and over the last 2 months there has been no improvement. More concerning is they send an occasional update saying in essence "hold on, things will improve we hope". I get no response from my requests for information even asking if it would help to add more funds to my account. The management's actions are disgusting and unacceptable. Stay away from this group EFX Algo if you are looking for a fair investment. You're better off leaving your funds in an interest paying bank account.

April 4th, 2025...down 14.64% April 7th, 2025...down 17.37% April 9th, 2025...down 26.85% I closed all my accounts with EFX on 10 April to prevent further loss. Accounts went from $315,866.91 to $235,267.03 in three days for losses totaling $80,599.88. Losses were occurring while EFX failed to respond to phone, voicemail or emails while blocking info like mine to the shared EFX member page.

I've been with them for a few years and Danny and the team are awesome! They developed a great product and really care about serving all their customers well. Recently the tariff situation has caused unprecedented shifts in the market, so yeah there were a couple of months that didn't go as well. But honestly there are some people in our community who are losing their minds because of this drawdown and posting some bad reviews here. If you understand the risk of doing a forex trading bot you know that sometimes crazy world events like the tariff nonsense has got literally every market going nuts. They may have got kind of backed up with receiving DMs also but they regularly post updates for us in our circle group and emails explaining what's going on and breaking it down for us. Some people are trying to say EFX is bad because its losing money now but if your money was in stocks you would have been way down too! Overall it's a great product with a great track record until this point and I am confident it will straighten out and we will see great long term gains.

It was a bad experience.