Review summary
Sabernet Group Limited, operating under the trade name Fortunex Algo, is a forex broker registered in the United Kingdom with an operational history of 2–5 years. The broker offers four account types—Standard, Silver, Gold, and VIP—with spreads starting from 1.5 pips on the Standard account and as low as 0 pips on the VIP account, alongside maximum leverage ranging from 1:200 to 1:500. Minimum deposit requirements vary by account tier, from €5,000 on the Standard account to €50,000 on the Gold account. According to WikiFX assessment, the broker holds no valid forex trading license from any recognized regulatory authority, which places it in the category of unregulated entities. The overall WikiFX score stands at 1.31 out of 10, reflecting the absence of regulatory oversight. Traders should be aware that operating without a license means there is no external financial supervision or investor protection scheme in place. 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: 2026-07-16)
