EFX Algo Reviews 470

TrustScore 3 out of 5

3.0

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

Based on reviews, created with AI

Most reviewers were somewhat happy with their experience overall. Many customers are satisfied with the staff, highlighting their responsiveness, helpfulness, and commitment to client success. People appreciate the clear communication and the team's efforts to provide support and guidance. Reviewers often mention the team's integrity and their dedication to addressing concerns. However, some people were dissatisfied with the pricing, finding the initial costs and ongoing fees to be high, especially when considering the performance of the products. There is also mixed feedback regarding customer service and the products themselves, with some experiencing negative outcomes and a lack of support when issues arose, while others found the service excellent and the products performing as advertised.

What people talk about most

Customer service

Customers consistently note ambiguous experiences with customer service. Many reviewers report significant... See more

Price

Consumers express significant dissatisfaction with the price and associated costs. Many reviewers report... See more

Product

Users describe ambiguous interactions with product. Many reviewers express significant dissatisfaction,... See more

Staff

People report positive experiences with staff, highlighting their helpfulness, professionalism, and... See more

Service

Clients share ambiguous opinions on service. Many reviewers express dissatisfaction, citing significant... See more

Based on these reviews

Rated 2 out of 5 stars

A 41+% drawdown since April 2025. Equity reduced to less than half of what my account says. Account that moves back and forth a few dollars daily says $24,460, equity says $14,150. Called to find out... See more

Company replied

Rated 2 out of 5 stars

Started out well, but after April 1st this year 2025 the algo tanked and has never recovered, been waiting months now for it to return, lost over 30% of the value, not a good performing Algo for the u... See more

Company replied

Rated 2 out of 5 stars

Started with EFX in Aug-2024, I did like the forum features, and open communication with customers. But in April 2025, everything changed, the algo started to make bad decisions, driving high draw dow... See more

Company replied

Rated 2 out of 5 stars

Bought the octane made profit in 3 months almost 10 % so happy then April and July tariff happened and wipe off most of my profits. I decided to stop the bot to mitigate more losses and until no... See more


Company details

  1. #19 of 19 best companies in Educational Consultant

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

3.0

Average

TrustScore 3 out of 5

470 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 40% of negative reviews

Typically replies within 1 month

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Super greatful to be a part of the EFX…

Super greatful to be a part of the EFX community. I joined just 4.5 months ago and have gained 27%. Obviously fantastic results. I believe that risk reaps rewards and scared money don't make money. So don't think, just do.

September 12, 2024
Unprompted review
Rated 5 out of 5 stars

So far it’s the tool is working like…

So far it’s the tool is working like advertised except I’m getting 25% 👍🏽 returns. It’s nowhere like day trading by yourself but you essentially have a tool trading daily for you . Thanks guys

September 12, 2024
Unprompted review
Rated 5 out of 5 stars

I can't say enough great things about the EFX algo and the amazing support team.

I have had an incredible experience with EFX Algo! I have been on the Algo for about five months with a 29.5% return thus far and growing. The initial license fee has almost been recouped but definitely worth it long term. I had the pleasure of consulting with Senior Advisor Josh Large, and I can't say enough about how professional and candid he was about the algo and made me feel no pressure at all. I felt completely comfortable during our intro session, Josh explained the Algo in simple terms based on real-time data and detailed explanations and support videos. I highly recommend both EFX Algo and Senior Advisor Josh Large to introduce the Algo to anyone serious about FOREX trading and unmatched returns! He even has a great sense of humor!

April 28, 2024
Unprompted review
Rated 5 out of 5 stars

Easiest way to make money

I have trading with EFX ALGO for the past 3 months, everything they promised has come true. The returns are even better than projected in my calls. The interviews are a filter for people who are real. All the complaints about price are from people who don’t intend to invest, go buy a car and tell the dealer it’s worth 1/2 the price.
Returns are real and so is Danny and the whole group. It’s works great
30% in 3 months. People will cry because they didn’t get in sooner.
Wayne

September 8, 2024
Unprompted review
Rated 5 out of 5 stars

Amazing experience so far!

I am 3 months in with efx and extremely happy with the experience! My account is up over 12% already. The support from the team is amazing! They are incredibly responsive to questions, and never any "sales pitch". We actually added additional funds to the account after 2 months because things have been so positive. Highly recommend!

September 2, 2024
Unprompted review
Rated 5 out of 5 stars

I have had an outstanding experience…

I have had an outstanding experience with EFX Algo! The algorithm has provided exceptional returns on my investment, far exceeding my expectations. The initial license fee has been worth every penny. I had the pleasure of consulting with Senior Advisor Josh Large, and I can't say enough about how professional and straightforward he was. Josh gave me the facts without any of the typical sales fluff and, most importantly, there was no pressure to purchase the license. I felt completely comfortable making my decision based on solid information. I highly recommend both EFX Algo and Josh Large for anyone serious about FOREX trading!

May 15, 2024
Unprompted review
Rated 5 out of 5 stars

Excellent results

Excellent results, great customer service, and total transparency on all live accounts. Highly recommended.

September 1, 2024
Unprompted review
Rated 5 out of 5 stars

So far after 5 months

So far after 5 months - Excellent!
Both the system AND customer support!
Josh and Austin have been great to deal with and The entire crew from Danny on down has been very responsive and on point.
Just picked up a second license for my self directed IRA. Account is up 17% ( actual equity) since May 10th (Today is September 6th). I’m in it for the long haul, Best overall Algo system I’ve found and I’ve looked for over 15 years.
Thanks guys!
Scott S. - LA, CA

September 7, 2024
Unprompted review
Rated 5 out of 5 stars

Great guys all round.

I was apprehensive to invest in this initially for all of the obvious reasons (risk etc) but sometimes I feel that you have to take a bit of a leap of faith - after all, ‘analysis to paralysis’ can often be a bad thing. I took that leap of faith in March this year and I made back my initial costs, quickly. Even though I haven’t actually extracted any of the profit to date or any of my initial investment, I cannot express in words how pleased I am with EFX - they all seem like decent/good guys in a world full of shysters and rip-off merchants. Josh is really helpful and the support team at EFX are great too - my only worry is putting more (serious levels of) money into this because of the recommended risk psychology that Danny Reardon (bossman) always advises, which is “never risk any amount of money in any investment unless you are prepared to lose it all”. I would be beyond devastated to lose my investment, but the amount I’ve put in to date would not totally destroy my life however if I put much more in, that potentially could do, which is holding me back unfortunately - even though I could really do with the gains. On the basis of these concerns and Danny’s advice, my recommendation would be to remain safe; if you do want to get involved only invest what you can afford to lose. Because of the fairly significant costs upfront and the ongoing fees on a monthly basis that amount of money in my opinion would probably need to be in excess of $35,000 to make it near worthwhile and if you couldn’t afford to invest that, I’m not sure this would really be worth doing - but that is just my opinion and everyone’s benchmark here is likely to be very different in this regard.

September 8, 2024
Unprompted review
Rated 5 out of 5 stars

Octane has changed my life. If there was 100 stars I would give them all.

I have known Danny since team abundance days. He understands trading like nobody I've ever met. When he came out with octane, I was the one of the first to trust him and the Team. It was the best decision I've ever made, I also trade manually with the education he has taught me, but the algo has been a life changer for me. I am looking forward to trying the next thing he and the team come out with. Many thanks for God bringing me to this Team. Dave Rennpferd

December 6, 2023
Unprompted review
Rated 5 out of 5 stars

EFX, Bot is Great & Fabulous Customer Service

Have been with EFX since February 2024 when I took the leap to sign up. Researched two other ALGO offerings, but now so pleased to have gone with EFX. Significant gains under the aggressive settings (35% across 7 months); however, of utmost importance is capital preservation and EFX is getting it done. Octane has significant protections in place, where other bots have failed and accounts lost, Octane has protected my funds and continues to make consistent daily gains and behind Octane is incredible customer service with very prompt response times to simple inquires or questions, but also a team of real traders watching Octane's movements to protect our accounts. Have recommended to multiple family members and if considering forex and algorithmic trading, EFX is the way to go. Thanks Danny and all other team members at EFX, can't wait to see where we are in years to come.

September 4, 2024
Unprompted review
Rated 5 out of 5 stars

Austin comments

Austin, did exactly what he said he would he always responded to my text or e-mails promptly the people at EFX Algo were helpful when a issue took place they responded in appropriate amount of time and even though I has issues with my bank they listened to me and understood they all exhibited professional attitude and manners. I honestly look forward to the time I get to deal with them in the future. Having them understanding the issue I faced from the bank was extremely helpful to me during a stressful time Thanks Austin and others involved

September 4, 2024
Unprompted review
Rated 5 out of 5 stars

EFX was so helpful getting my account…

EFX was so helpful getting my account going, it made it very easy for me and the results have been fantastic. So pleased I took this opportunity. 17% on a small balance in about 7 months is amazing and so easy. Will be adding any extra cash asap!

September 4, 2024
Unprompted review

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.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

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.

Take a closer look