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LakeAL

United States

1 Reviews
3 Reads
10 Useful

1 review

EFX Algo

joined EFX Algo / EFX University…

joined EFX Algo / EFX University beginning of 2024for their automated forex trading algorithm and paid thousdands upfront fee plus $197 per month for licensing monthly. To be fair, prior to April 2025 the account showed positive growth. However, since April 2025 the performance has been a steady and severe decline. The drawdown has completely erased all prior gains and pushed the account deeply negative. This is not simply about market risk. I understand trading carries risk. My concern is what happened operationally after April 2025. Since October 2025: • No meaningful updates to the algorithm • No new videos or strategy explanations • Community messaging appears disabled • Support responses have stopped • Subscription fees continue to be charged The platform that was once actively managed now appears unmaintained. When you are paying ongoing licensing fees for an automated trading system, there should be transparency, updates, and accessible support — especially during extreme drawdowns. The combination of massive losses, lack of communication, and continued billing is extremely concerning. If EFX Algo / EFX University restores transparency and support, I will update this review. But as of now, I cannot recommend this forex trading algorithm or subscription service.

2026-02-12Helpful 10