Automated FX trading with a public track record

ALGOX runs a rules-based foreign exchange strategy on your own MT4 or MT5 account at Blackwell Global, a broker regulated in The Bahamas. The account stays in your name and the minimum is £1,000. Our only charge is 20% of the profit on closed trades.

In partnership withBlackwell Global
Myfxbook, 3 Nov 2026

R1 means risk level 1, our standard setting. It trades 0.01 lots for every £1,000 in the account, and new trades pause if drawdown reaches 25%.

Gain (closed trades)+138.24%
Average month+12.20%
Max drawdown23.05%
R1 Standard risk: closed-trade growth +138.24% since 22 March 2026, +98.30% including open trades; maximum floating drawdown 23.05%.0%50%100%150%0%-30%AprMayJulSepNov
Closed tradesIncluding open tradesFloating drawdown
Capital at risk. Past performance is not a guide to future results.
Account
Held in your name at Blackwell Global
Track record
Two live accounts on Myfxbook, one for each risk level
Fee
20% of closed-trade profit, no other charges
Minimum
£1,000 on MT4 or MT5
Track record

Track record

ALGOX offers two risk levels: R1 (risk level 1) and R2 (risk level 2). Both run the same strategy, and the only difference is trade size. R2 places trades twice the size of R1, so its gains and its drawdowns have both been roughly double. The figures are taken from Myfxbook, which reads every trade directly from the broker, and were last updated on 3 November 2026.

R1 and R2 track-record accounts compared, Myfxbook figures as at 3 November 2026
As at 3 November 2026R1 Standard riskR2 Higher risk
Trade size0.01 lots per £1,0000.02 lots per £1,000Twice R1
New trades pause at25% drawdown50% drawdown
Gain on closed trades+138.24%+338.29%
Gain including open trades+98.30%+218.60%
Average month+12.20%+19.81%
Maximum floating drawdown23.05%46.47%
Trades closed in profit1,002 of 1,05694.9% of trades1,177 of 1,26892.8% of trades
Trading since22 March 20263 March 2026
AccountGBP, held at VantageTrack-record accountGBP, held at VantageTrack-record account
Public recordMyfxbook (R1, opens in a new tab)Myfxbook (R2, opens in a new tab)
Average month so far
R1
+12.20%
R2
+19.81%
Maximum floating drawdown
R1
23.05%
R2
46.47%
R1 Standard riskGrowth and floating drawdown
R1 Standard risk: closed-trade growth +138.24% since 22 March 2026, +98.30% including open trades; maximum floating drawdown 23.05%.0%100%200%300%400%0%-60%AprMayJulSepNov
R2 Higher riskGrowth and floating drawdown
R2 Higher risk: closed-trade growth +338.29% since 3 March 2026, +218.60% including open trades; maximum floating drawdown 46.47%.0%100%200%300%400%0%-60%AprMayJulSep
R1 closed tradesR2 closed tradesIncluding open tradesFloating drawdownBoth charts use the same scale

Closed and open trades

The headline gain counts closed trades only, which is how Myfxbook draws its growth chart. The figure that includes open trades also counts positions still open at a loss, so it reads lower while the account is in drawdown.

Floating drawdown

This measures how far open trades fell below the account's previous high before they were closed. Both accounts have since reached new highs. That is a matter of record and is not a guarantee.

Your own results

Both track-record accounts are held in GBP at Vantage. New clients trade through Blackwell Global and will start at a different time with a different balance, so their results will differ. Your capital is at risk.

Partnership

Where your money is held

ALGOX works in partnership with Blackwell Global, a broker group with regulated entities in four jurisdictions. New clients open a trading account with Blackwell in their own name. ALGOX is given permission to place trades on that account and has no ability to withdraw from it.

ALGOXBlackwell Global

You deposit and withdraw directly with Blackwell. Our 20% share of profit is deducted through Blackwell at the end of each month, so we do not send invoices and we never hold your card details.

This link is for clients opening their own trading account. It is not for introducing brokers or affiliates, and you will still speak to our team before ALGOX is connected. Blackwell may pay ALGOX a rebate based on trading volume; it comes from the broker and not from your account.

Client accounts held by
Blackwell Global Investments Limited
Regulator
Securities Commission of The Bahamas
Certificate
SIA-F215
Wider group
Regulated entities in the UK, Hong Kong and Mauritius
Account ownership
Yours. ALGOX can place trades but cannot withdraw.
Programmes
ALGOX is offered to retail clients. Blackwell's Aldabra Multi Asset Investment Portfolio is a separate programme for professional and institutional investors from £80,000, and is not available to retail clients.Blackwell GlobalAldabra Trading

Regulation applies to Blackwell Global and the client money it holds. ALGOX is a software provider and is not regulated, and regulation does not protect you against trading losses. Blackwell's licence can be checked on the Securities Commission of The Bahamas register.

How it works

How the strategy works

ALGOX trades to a fixed set of rules and makes no discretionary decisions. It runs on our servers, so there is nothing for you to install or watch over.

Selection

The software measures momentum across the eight major currencies continuously and trades the differences between them on 20 currency pairs. A trade is opened when its rules are met, and at no other time.

Position management

Positions are built in stages rather than in a single entry. Each stage is sized to the account balance and closed at set profit targets, which keeps exposure in proportion as the account grows or falls.

Infrastructure

The engine runs on dedicated cloud servers through all market hours, independently of your own computer. The connection to your account is encrypted, and each trade appears in your MT4 or MT5 terminal as it is placed.

Opening an account

Ways to get started
  1. Open an account

    Open and fund a Blackwell Global MT4 or MT5 account in your own name with at least £1,000.

    Around 15 minutes, with ID and a deposit
  2. Speak to the team

    Choose your risk level, R1 or R2, and ask any questions. Our team collects your account login directly with you.

    By Telegram or the online form
  3. Connection

    We connect ALGOX to your account and it begins trading automatically.

    Usually within 12 to 24 hours
  4. Monitoring

    You can follow every trade in MT4 or MT5, and we send you a summary each day.

    Markets open 24 hours, Monday to Friday
Risk

Risk management

ALGOX keeps positions open through adverse moves instead of closing them at a loss straight away, so the account will spend periods in floating drawdown. You choose one of two risk levels, R1 or R2, and the limits below are applied automatically.

Risk level 1

R1 Standard risk

Average month to date+12.20%
Trade size
0.01 lots per £1,000
Maximum floating drawdown
23.05%
New entries pause at
25% drawdown

Suited to investors who want steadier growth and a shallower drawdown.

Risk level 2

R2 Higher risk

Average month to date+19.81%
Trade size
0.02 lots per £1,000
Maximum floating drawdown
46.47%
New entries pause at
50% drawdown

Suited to investors seeking faster growth who can accept a drawdown roughly twice as deep.

Controls applied automatically

Drawdown pause

New entries stop when drawdown reaches 25% on R1 or 50% on R2. Open trades continue to be managed after a pause, so drawdown can in principle go beyond these levels. Neither account has reached its limit to date.

Position sizing

Trade size is calculated from the balance: 0.01 lots per £1,000 on R1 and 0.02 on R2. Sizes rise with the account and may be reduced slightly during a drawdown to protect margin.

Margin floor

The margin level is kept above 200%, and the number of positions open at any one time scales with the size of the account.

Volatility response

A recovery routine reduces exposure quickly when market conditions become volatile.

No manual trading

Please do not place or close trades by hand on a connected account, as this interferes with how ALGOX manages risk. If you want to withdraw or stop, tell us first so that open trades can be closed in an orderly way.

Trading leveraged FX carries a high risk of loss, and you should only invest money you can afford to lose. Please read the full risk disclosure.

Calculator

An illustration using the figures to date

Enter a balance to see what each account's average month so far would have produced after our 20% fee, and how far the same balance would have fallen in that account's deepest drawdown. This is an illustration, not a forecast.

Minimum £1,000.

Risk level
Period
Balance at the average rate to date £6,612

After 3 months on R1 (standard risk) from £5,000, if every month matched the average month to date.

Profit after our fee+£1,612
ALGOX fee (20%)£403

What the deepest drawdown so far would do

R1's biggest fall from a high so far is 23.05%. The percentage is the same whatever the balance, because trade size scales with the account. The fall could come at any time.

If it came on day one£5,000 would become £3,848A fall of £1,152.
If it came after 3 months at the average rate£6,612 would become £5,088A fall of £1,524 from the projected balance.

Both accounts later recovered to new highs. That is not guaranteed to happen again, and a future fall could be deeper.

This illustration uses past performance, which does not guarantee future results. Actual monthly returns vary widely, some months lose money, and the order of good and bad months changes the outcome. It assumes no deposits or withdrawals and a 20% fee on each month's profit. It is not a forecast, a promise or financial advice.

Fees

Fees

Our only charge is 20% of the profit made on closed trades. There are no subscription, set-up, data or exit fees, and nothing is due for a month without profit.

Share of closed-trade profit
20%
You keep 80%ALGOX 20%

If closed trades make £100 profit in a month, you keep £80 and our fee is £20.

For clients at Blackwell Global the fee is deducted automatically at the end of each month, or when you stop using ALGOX. Nothing is paid upfront and there are no invoices.

  • Free to connect, with no minimum term
  • No subscription, set-up, data or exit fees
  • Your money remains in your own account
  • The fee is charged on profit only, never on your deposit

ALGOX also receives a volume rebate from the broker. It is paid by Blackwell and is not taken from your account. Existing members on a fixed monthly plan can find their pricing on the member page.

About

About ALGOX

ALGOX was founded by Kane Fernando, who built it to trade with discipline rather than emotion and to publish its results openly.

Video

Kane in conversation on his YouTube channel, from 47:19. A film about ALGOX is in production.

Kane's view is that markets tend to punish emotional decisions and reward consistency, and that software can apply a set of rules more consistently than a person. ALGOX is his way of putting that discipline into code.

He also believes the retail trading industry has lost people's trust by selling lifestyles and results that cannot be checked. ALGOX is built around technology, integrity and long-term client relationships, and its results are open to inspection.

Our values

  • Integrity before profit
  • Long term over short term
  • Technology over emotion
  • Discipline over excitement
  • Relationships over transactions
  • Family before status

Operated by Algox AI Software and Consultancy (IFZA licence 87940, Dubai Silicon Oasis, UAE). Kane shares the work on Instagram (@algoxkane), and company news goes out on the ALGOX Telegram channel.

Clients

Client interviews

We are recording interviews with ALGOX clients and will publish them here. Until then, the Myfxbook records above are the evidence we ask to be judged on.

Client interviewIn production
ALGOX clientInterview in production
Client interviewIn production
ALGOX clientInterview in production
Client interviewIn production
ALGOX clientInterview in production

Client experiences are individual and may not be typical. Results vary, and past performance does not guarantee future results.

FAQ

Questions

Getting started

How do I get started, and how long does it take?

Opening and funding a Blackwell Global account takes around 15 minutes. You can begin with our client sign-up link (for clients, not introducing brokers or affiliates) and then message the team so that we can connect ALGOX. Once we have your details, ALGOX is usually trading within 12 to 24 hours. After that there are no charts to analyse and no trades for you to place or manage.

How much do I need to start?

The minimum balance is £1,000, and most clients begin with between £1,000 and £3,000. Trade sizes are set from your balance, so profits and losses move in proportion to the account. You can add funds later if you wish.

Which broker do I need, and can I use one I already have?

New clients connect through Blackwell Global on MetaTrader 4 or MetaTrader 5, so you will need a live Blackwell Global account in your own name. There is nothing to install, and our team collects the login details directly with you.

Do I need to keep my computer on?

No. ALGOX runs on cloud servers rather than on your own machine, so it trades through market hours whether your computer is on or off.

Fees and withdrawals

What does it cost, and are there other fees?

Connecting and running ALGOX is free. The only charge is 20% of the profit from closed trades. For clients at Blackwell Global it is deducted automatically at the end of each month, or when you stop using ALGOX, and no fee is due for a month without profit. There are no subscription, set-up, data or exit fees, and no minimum term. ALGOX also receives a volume rebate from the broker; this is paid by Blackwell and is not deducted from your account.

Can I withdraw my money whenever I want?

Yes. Your funds stay in your own brokerage account, and ALGOX never holds them or withdraws them. The only money that leaves the account for us is our profit share, which is deducted automatically on Blackwell Global accounts. You withdraw directly through the broker, and bank transfers usually arrive within two to five working days. Please message us before a large withdrawal so that open trades can be managed properly.

What happens if I want to stop?

You can stop at any time. Please message @algoxaisupport first, so that we can wind the account down and close open trades in an orderly way. If an account is simply disconnected, any open trades are closed automatically at market, which during a drawdown can turn a temporary loss into a realised one. Any fee already due remains payable.

I am already a client. What applies to me?

If you are already connected through another broker, nothing changes for you. Clients who joined before the Blackwell partnership are invoiced for their profit share. Existing members on a fixed monthly plan keep that plan and can manage it on the member page. Tiers are assessed on the account's average balance across the billing month, and account size includes any trading credit bonuses.

Is there a deposit bonus?

Deposit promotions are run by the broker, not by ALGOX, so please check Blackwell Global's current offer and its terms when you sign up.

Risk

What do R1 and R2 mean?

They are the two risk levels you can choose from: R1 is risk level 1, our standard setting, and R2 is risk level 2. Both run the same strategy, and the only difference is trade size. R1 trades 0.01 lots for every £1,000 in the account and R2 trades 0.02, so R2's gains and its drawdowns have both been roughly double those of R1. Each level has its own live account on Myfxbook. The team will help you choose, and you can move between them later.

Can I lose money, and how deep has drawdown been?

Yes, you can lose money. ALGOX keeps trades open through adverse moves, so the account spends periods in floating drawdown, which is the fall in value while trades are still open, measured from the account's previous high. The largest so far is 23.05% on R1 and 46.47% on R2. Drawdown builds gradually and reduces as trades close in profit, and both accounts have since reached new highs, which is not guaranteed to happen again. Only invest capital that you can afford to lose and could leave in place through a deep drawdown.

What is the win rate?

On the two public Myfxbook accounts, 1,002 of 1,056 trades on R1 and 1,177 of 1,268 on R2 have closed in profit, which is around 94%. A high win rate does not mean low risk. Floating drawdown is a normal part of how ALGOX trades, returns vary from month to month, and you can lose money.

What protects my account?

ALGOX applies 15 risk-management rules automatically. The main ones are these: new entries pause at 25% drawdown on R1 and 50% on R2, the number of open positions scales with account size, the margin level is kept above 200%, lot size is set from the balance, and a recovery routine reduces exposure quickly in volatile conditions. Open trades are still managed after a pause, so drawdown can in principle go beyond those levels, although neither account has reached them so far.

Can I change my lot size?

Not directly. Lot size is set automatically from your balance and your risk level, and it grows as the balance grows. ALGOX also monitors margin and may reduce sizes slightly during a drawdown to protect the account. If you would like more or less risk, speak to us about moving between R1 and R2. Please do not change trades yourself, as this interferes with how ALGOX manages risk.

About ALGOX

How can I check that ALGOX is genuine?

Our R1 and R2 accounts are public on Myfxbook, which shows the full trade-by-trade history and can be inspected by anyone. New clients' accounts are held at Blackwell Global, a regulated broker, and your money stays in your own account. We also share client results openly with our community on Telegram.

Who are Blackwell Global?

Blackwell Global is ALGOX's broker partner, and ALGOX is offered through Blackwell as its own programme. New client accounts are held with Blackwell Global Investments Limited, which is regulated by the Securities Commission of The Bahamas (certificate SIA-F215). The wider group has regulated entities in the UK, Hong Kong and Mauritius. Your money stays in an account in your name, and ALGOX can place trades on it but cannot withdraw from it. Regulation covers the broker and the money it holds. It does not protect against trading losses, and ALGOX itself is a software provider rather than a regulated firm.

Who runs ALGOX?

ALGOX was founded by Kane Fernando and is operated by Algox AI Software and Consultancy, which is registered in the IFZA free zone at Dubai Silicon Oasis (licence 87940). You can reach the team on Telegram at @algoxaisupport or by email at admin@getalgox.com. Kane shares the work on Instagram at @algoxkane.

If your question is not covered here, contact the team on Telegram or by email.

Next step

Speak to the team first

You can talk to us before doing anything else, or open your Blackwell Global account and then send us your details. ALGOX is only connected once you have spoken to us.