EFX Algo US-02 (FIFO Compliant) Discussion

how many have subscribed and invested in us02 since its release in January, and where is the discussion?

This is a shady broker that is being used by all bot companies. This is not real money but just simulated capital. And they have simply uploaded backtest results. Go look up the other bot companies that wiped investor capital(NURP, Eminence, Korvato, quantum bots) and they all use this Kubera broker.

So, that's why you see great track records, but once you see the results on your own account, you will be stuck in perpetual DD or worse wipe your accounts.

If you type in the search bar up top (US02), you'll pull up at least 85 accounts of clients that look to be part of the EFX US-02 algo... There you can click on every one of their results.. I can't seem to find a winning account and the oldest account that I've found goes back to November range?? Not sure about this one?

That's because the trades on this account are not real

Please explain how you can fake trades on a "MyFxBook" certified account?

If you own the brokerage, you can. Not possible for individuals like us but bot companies that swindled thousands of people and collected tens of millions of dollars can easily set-up or buy an existing brokerage for less than a million and then fake the trades on it. Why are all the companies like NURP, EFX, Ridge capital(rebrand of another bot company) and a few others using the same Kubera broker?

EFX algo uses mainstream brokers like OX Securities so I don't see how they can steal your money or place fake trades.

And speaking of Ridge Capital there is a scammer Ridge Capital Markets from S. Africa,  but also another called Ridge Capital Solutions that seems more legit.  There is no reason to think they have any relationship is there?

That's not entirely correct.. EFX doesn't use OX Securities with their new bot that's called US-02.... They inform you that you have to use Kubera.....