Review summary
Algonovafx is a broker operating in the United Kingdom's forex market, with a limited operational history of 1-2 years. The entity operates without any valid authoritative forex trading licenses, classifying it as an unregulated firm. Its overall WikiFX score of 1.18 reflects a complete absence of regulatory oversight, which means client funds are not segregated under any financial authority's protection and no formal dispute resolution mechanisms are in place. Trading with such an entity carries severe risk due to the lack of credible financial oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-19)
