EFX AlgoReviews of easyfxtrading.com

I'm very disappointed in the returns of the Octane algorithm thus far. I joined in mid-October 2024 and my account stayed positive only for a couple of weeks max. If has been negative since then and continues to slowly decrease in value every week. In 9 months the equity value of my investment has decreased by 12.3% and that is on the "moderate" setting. The customer service at EFX is great and I believe they are truly dedicated to the success of their product for their customers which is why I am giving 2 stars rather than one. All said, I wish I hadn't purchased the Octane license and invested $30k of my money. Considering the very high initial cost of the algorithm, and the ongoing $97 monthly license fee, I am down almost $17k (includes license fees), so not good). I intend to stay for the long term but all in all, I wish I had never invested my money this way. I'm scratching head wondering how all these customers are in the black. Am I the exception? Doubtful.

I discovered EFX in 2022 and followed them until the release of their Octane algo. It showed promising data for a year of live testing to beat the market. I took out 401k savings to invest. The first year it did beat the market, but the system has a terrible habit of holding bad trades for long periods of times. In March 25 when we had the big market correction, I lost all my gains and manually closed out all the bad debt just in time to walk away to pay for all my capital gains taxes and break even with my retirement capital. Those who didn't do this are still stuck in an endless loop of excuses why the system struggles to recover with every market reset that has happened since then. When I first signed up, I really liked the team. They talked about high ethics, customer service and Christian values. At the end of the day, the system does not do well in volatile markets. If you are going to use it, be ready for some bumpy ups and downs, and definitely don't expect major performance over the market index.

I am downgrading my original review from 5 to 2 stars. I feel a the need to re write my review in hopes that it will help improve the company as well as inform potential investors of the dangers of "Forex Bot" Trading. As many other algo companies promised double digit returns EFX's focused claim has always been on capital preservation. For my entire year I was with them, the bot did go through multiple down cycles, and even survived the July / Aug crash. After a year I had earned closed to $36,000 in profit with drawdowns no higher then 15 or 20%. That was, until Trumps Tarriffs took center stage and the AUDCAD currency pair crashed. While the crash was unprecedented and many financial markets and systems failed, EFX did keep many accounts from blowing up completely. However, the drawdown on most of their accounts, even the conservative accounts was and continues to be dangerously high upwards of 35 to 45% DD for many accounts. The high levels of drawdown are simply not sustainable, and/or are beyond my risk tolerance. I have been studying Forex bots for the last year now and have learned the number one reason FX bots fail is due to their inability to adjust to rapidly changing market conditions. While EFX does not use martingale, which is a solid step in the right direction, it wasn't quite enough to protect people's accounts through the current market conditions. Even bots with excellent programming are susceptible to this. The EFX algo went live in either 2020 or 2022 to my knowledge. The markets between 2020 and 2024 and vastly different to the markets of 2025. In fact, markets are constantly changing. In order to adapt to this, companies needs to constantly tweak and update their bot to handle such situations. Some companies do regular tweaks, and/or offer an option for manual intervention in addition to the algo so they can get "The best of both worlds" so to speak. To my knowledge EFX did not really try to take this step in their programming. It's possible the bot may recover from the recent crash but it's equally possible it may not be very profitable for the foreseeable future. As a result, I chose to cut my losses from the high drawdown and make investment choices elsewhere. I am downgrading my review from 5 to 2 stars due to EFX's lack of manual intervention options, lack of continual programming optimization of the bot, and over confidence in the "Automation Mechanic" that was placed on it for many months. I believe Trumps Tarrifs will be a hard lesson for the company as well as all investors who lost money during recent events. My hope is that it will encourage companies and investors to better fortify their systems and investing strategies. Until then, I won't be investing with the EFX algo. I do believe the company has solid staff and fundamentals but it's clear they aren't quite where they need to be just yet. You can also review their accounts, which are public knowledge, and see many accounts that did blow or hit the 45% stop loss. While some accounts were manually manipulated or mishandled by the investor, there do appear to be some investors who lost money, even on conservative settings. I'm sure they are aware of this are working hard to improve the bot. I am wishing the company well, but investors need to be aware of the risks, and I don't believe their current licensing fee justifies the cost of the losses that many investors have recently incurred.

Not sure how there's a 93% positive rating. The course work is fine. I spent HOURS working this and really got no where. After 4 months of training I put in 20 trades....got 4 entered for 3 losses and 1 win. The coaching is ONLY REMOTE ! No live one on one training. There is a live coaching time on Fridays.......but how do you make this when you work a 9-5 job ?? I asked for a refund and they refused. It seems to work for people already trading full time and need some tweeking to their technique. But no one in my 10 person accoutability group was successful.