Client proposal, with figures as at 3 November 2026
Automated FX trading on an account in your own name
Prepared
ALGOX is bespoke trading software that works on your account day and night, five days a week. Your capital remains in your own name at a regulated broker, every trade is visible to you as it is placed, and you are free to stop at any time.
In partnership withKane in conversation on his YouTube channel, from 47:19. A film about ALGOX is in production.
- 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
What ALGOX does
ALGOX trades currencies for you to a fixed set of rules. It buys and sells 20 of the main currency pairs, such as the pound against the dollar, through all market hours from Monday to Friday. Once it is connected there are no charts to analyse and no trades for you to place.
The account is yours
Your money sits in your own account at Blackwell Global, our regulated broker partner, in your name. ALGOX can place trades on it but cannot withdraw from it.
Every trade is visible
Each trade appears in MetaTrader, the platform your account runs on, as it is placed. We also send you a summary each day.
You can stop at any time
There is no minimum term and no fee to leave. Tell us first, so that open trades can be closed in an orderly way.
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.
| As at 3 November 2026 | R1 Standard risk | R2 Higher risk |
|---|---|---|
| Trade size | 0.01 lots per £1,000 | 0.02 lots per £1,000Twice R1 |
| New trades pause at | 25% drawdown | 50% 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 drawdown | 23.05% | 46.47% |
| Trades closed in profit | 1,002 of 1,05694.9% of trades | 1,177 of 1,26892.8% of trades |
| Trading since | 22 March 2026 | 3 March 2026 |
| Account | GBP, held at VantageTrack-record account | GBP, held at VantageTrack-record account |
| Public record | Myfxbook (R1, opens in a new tab) | Myfxbook (R2, opens in a new tab) |
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.
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.
R1 Standard risk
- 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.
R2 Higher risk
- 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. On a £5,000 account that is 0.05 lots on R1 and 0.10 lots 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.
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.
An illustration using the figures to date
The table shows what each account's average month so far would have produced on £10,000 over six months 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.
| £10,000 over six months | R1 Standard risk | R2 Higher risk |
|---|---|---|
| Balance at the average month to date | £17,485 | £24,173 |
| Profit after our fee | +£7,485 | +£14,173 |
| ALGOX fee (20%) | £1,871 | £3,543 |
| Deepest drawdown so far | -23.05% | -46.47% |
| Balance if that fall came on day one | £7,695 | £5,353 |
| Balance if it came after six months | £13,455 | £12,940 |
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. You can enter your own figures in the calculator on our website.
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.
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, as set out in our terms. 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.
Who ALGOX suits
ALGOX suits people who want their money to work in the background and who can give it time to compound.
It may suit you if you
- want your money working through market hours without trading it yourself
- prefer an automated approach with full sight of every trade
- think in months and years, not days
- want to build an account over time
It is probably not for you if you
- need the money back within a few months
- want a guaranteed return
- want to trade the same account yourself
What we ask of you
Let it run
Floating drawdown is a normal part of how ALGOX trades. Please leave it running through those periods. You can check your trades whenever you like.
No manual trading
Please do not place or close trades on a connected account, and do not add other trading software to it, as this interferes with how ALGOX manages risk. Under our terms, any profit from manual trades on a connected account is payable to ALGOX. You are free to trade on any other account.
Speak to us first
Tell us before you add money, withdraw or change your risk level, so that open trades can be managed properly.
How to start
Everyone speaks to our team before ALGOX is connected. Most clients are trading within 12 to 24 hours of connection.
Speak to us
Reply to the person who shared this proposal with you. If you found it yourself, message our team on Telegram.
Open an account
Open and fund a Blackwell Global MT4 or MT5 account in your own name with at least £1,000.
Choose your risk level
Agree R1 or R2 with our team, who collect your account login directly with you.
Connection
We connect ALGOX to your account and it begins trading automatically.
Use the sign-up link your contact gives you, or our client link (secure.blackwellglobal.bs/links/go/995). The 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.
After you start
Day one
ALGOX begins trading, and you can follow every trade in MetaTrader.
The first weeks
Some trades take time to close, so you may see floating drawdown for a while. This is normal, and the trades should be left to run.
Each month
You keep 80% of the profit from closed trades. Our 20% is deducted automatically at the end of the month.
If you want to stop
Message @algoxaisupport at any time and we will wind the account down and disconnect it. There is no fee to leave, although any profit share already due remains payable, and your money stays in your account throughout.
Your questions answered
Choose a question to see the answer.
Your money never comes to us. It stays in your own account at Blackwell Global, in your name, and ALGOX has permission to trade on it but not to withdraw from it. Every return comes from trades that you can see in MetaTrader. Nobody is paid from anybody else's deposits, and no new money is needed to pay anyone.
No. There is no pool and no fund to buy into. Each client has a separate broker account in their own name, and ALGOX trades each one individually.
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.
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.
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.
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.
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.
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.
Who to contact
Getting started takes one message.
If someone shared this with you
Reply to them directly. They are your ALGOX contact, and they will share your sign-up link and look after you from the first day.
If you found this yourself
Message our team on Telegram at @algoxaisupport or by email at admin@getalgox.com. If someone pointed you to us, tell us who, so that they can look after you.
Message us on TelegramWebsite: joinalgox.com. Telegram channel: t.me/officialalgox.
Risk warnings
- The value of your account can go down as well as up, and you could get back less than you put in.
- Past results are not a guarantee of future returns.
- You will see floating drawdown along the way. It builds while trades are open and reduces as they close in profit.
- Your results will differ from ours, depending on when you start, how much you deposit, your broker and your risk level.
- ALGOX is software, not financial advice. The decisions and the results are yours.