I lost over 15k. Asked for the garanteed refund and have been ghosted. First month they did make 3.5% but then quickly started losing. They also went over the 1.5 draw down and have absolutly no off... See more
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
Company details
Written by the company
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.
Contact info
United States
- +1 919-348-2510
- support@efxalgo.com
- easyfxtrading.com
Asks customers to review
This company invites their customers to review, whether positive or negative
Replied to 16% of negative reviews
Typically replies within 1 week
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
Soon or later, you will lose all your 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%
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.

Reply from EFX Algo
Don't buy the Algo it's not worth it
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

Reply from EFX Algo
On the 3rd April
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.

Reply from EFX Algo
This is worked out great as an…
This is worked out great as an investment and since we started in mid January, we have already received a 20% plus return. As far as service, they have been readily available and have helped answer any of all questions.
After 1 year of running the Algo has…
After 1 year of running the Algo has made us +30%. No funds or other trading bot can do that with a moderate risk profile simultaneously. The support is very responsive and always helpful. I cannot recommend them enough, I have a huge esteem for them.
The EFX folks have been great to work…
The EFX folks have been great to work with. They understand that getting started takes some effort. Their "onboarding" process is outstanding. They help you with every step to get things going. After (almost) 2 months my account is up about 6%. Very pleased with the EFX team and results!
Doing very well
Doing very well, got set up and running in the beginning of December and now in mid feb I’m up 14%! Couldn’t ask for better results!
Exceptional Forex Bot & Outstanding Support!
Trust is everything in the forex industry, and as someone who is naturally skeptical, I can confidently say this company has earned mine. From day one, the team—Danny, Mirko, and Joe—has been incredibly responsive, answering every question (no matter how small or silly) with patience and clarity. Their dedication to transparency and customer success is truly refreshing.
Beyond their top-tier support, the results speak for themselves—absolutely insane performance! Their latest product is another game-changer, and I couldn’t be happier. If you’re looking for a forex bot backed by a genuine, trustworthy team, look no further. Highly recommend!
Excellent Experience so far!
I have been trading with Algo for 4 months and I am very pleased with the team, they are very approachable and transparent. I am also satisfied with the results achieved so far and I look forward into the future. Thank you!
Amazing opportunity
The setup was easy and the gains even easier! I thoroughly enjoy the openness of the community and th expertise of EFX, in general.
Andres is knowledgeable
Andres is knowledgeable, professional and helpful. Getting an account set up was easy with his guidance. I look forward to a long and profitable relationship,
An investment strategy you simply can’t ignore
These guys are fantastic and make investing extremely easy. The returns are phenomenal and hard to match anywhere else and other than the initial set up, it’s a set it and forget it. You’ll be very pleased with the relationship and more importantly the returns that their platform provides. I’ve never seen anything like it and have introduced several of my friends to them and they are all seeing the same growth in their portfolios. It’s a “no brainer”.
We have been members for two months and…
We have been members for two months and everything has worked out as explained .
Was with NURP before
Was with NURP before, where had a glorious 10 month run before a black swan event wiped me out, teaching me an extremely traumatic and difficult lesson. EFX is the slower, gentler, more realistic, and way less perilous answer to NURP. Less hype, but just good solid, SAFE growth based on an algorithm running on 8 robust strategies. It’s slower growth, but you set it and forget it, and each your $ grow. Thanks EFX.
I’m a 70 year-old seasoned investor
I’m a 70 year-old seasoned investor. I have never in my life experienced or seen anything like this company EFX Algo. First of all their support is outstanding. Every single question gets answered within 24 hours. I’ve received phone calls to make sure that everything is working correctly. I have received explanations and responses almost immediately. Their customer service is five star. You will never have a question or be left in the dark. Secondly, I’ve never made such great returns every single month. I watch my account daily. All the reports are sent to me daily. I’ve never been happier this AI program and the rate of return is phenomenal averaging between four and 7% per month . I am always monitoring the chat between all the clients. I’ve never seen one client complain or be unhappy. There’s nothing but praise for this company they give you 100% moneyback guarantee if they don’t fulfill the commitments they make I only wish I had this years ago. You will not be sorry
**"Exceptional Automated Trading System…
**"Exceptional Automated Trading System and Outstanding Support!"**
I have been thoroughly impressed with the performance of this company's automated trading algorithm. The system is incredibly efficient, consistently delivering trade executions. It has significantly improved my trading results, and I appreciate how user-friendly the interface is.
What truly sets this company apart is its support team. They are knowledgeable, responsive, and always ready to provide assistance whenever needed. From onboarding to troubleshooting, their guidance has been clear and effective. It's reassuring to know that expert help is just a message away.
If you're looking for a reliable, high-performing trading algorithm backed by top-tier customer support, this company is the perfect choice. Highly recommended!
Getting set up was fairly easy and the…
Getting set up was fairly easy and the performance has been what they've said so far....annualized 35% return so far. I've been into it about 2 months with a 6% return. Annualize that and it 6 X 6 = 36%.
I’ve been very impressed EFX Algo’s service, ease of setup and results!
I’ve been very impressed with this company and people. The support staff is outstanding and I really do like and appreciate the business model for busy professionals or anyone that has some extra money to diversify their investments and receive way better than normal returns. I trust the owners and company and I’m so glad I made the decision to join them. Thank you Joe and Andres!
EFX Algo: Great Upside Potential, Miniscule Risk
EFX Algo is working better than advertised. The Website is easy to use and is loaded with detailed information about my account. Performance in the first 5 months has been 28%+, which represents an annualized rate of 66%. Particularly important is that the potential for loss of capital is miniscule. My account has lost 1.5% or less in a day 3 times during this period. Rebounds occurred after each of these days with profitability back on track and resuming within a few days. EFX Algo shut the trading bots down for about a week during the USA November elections due to Forex volatility. This resulted in a smaller return in November, but protected against larger potential losses given the abnormal market conditions. EFX's attention to market conditions and their active monitoring and management is a big plus!
I went with OX securities as a broker and being new to foreign companies took some time to research and interface with EFX and OX representatives. Funding my account was seamless once it was set up. OX sends daily, weekly and monthly updates on account performance. The OX web site is loaded with detailed information about my account and is easy to use. Account information is readily available and transparent.
My buy-in fees have already been recaptured. Considering additional deposits. My best account for consistent returns; greater than any other investment!
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.