Fivonix sells automated trading bots for MetaTrader. Its flagship, the TingaTinga TurboBot, is advertised with “an unmatched 100% win rate in backtesting”. On 6 November 2026 the UK Financial Conduct Authority published a warning that fivonix.com is not authorised.
What a 100% backtest means
A backtest runs a strategy over old prices. Any strategy can be tuned until it never loses on data it has already seen. The same page says the bot has a “drawdown limit of 50%”, which means it is allowed to lose half the account. A 100% win rate and a 50% drawdown limit describe the same product, and the second number is the honest one.
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Verified evidence
- FCA warning on fivonix.com, published 6 November 2026
- Domain fivonix.com registered 8 April 2024
- TingaTinga TurboBot advertised with a “100% win rate in backtesting” and a 50% drawdown limit
- Two different London addresses on the site: Uxbridge Road W5 and King Edwards Road, Ruislip
- Contact number +447727931252
Two addresses, no permission
Fivonix lists Office A15, Aurora, 71-75 Uxbridge Rd, London W5 and also 2nd Floor College House, 17 King Edwards Road, Ruislip. Neither comes with a firm reference number. Selling bots that trade for customers, or managing their accounts through bots, needs FCA permission in the UK. The regulator says Fivonix does not have it.
If you bought a bot or handed over account access, change your broker passwords, revoke any trading permissions you granted and keep your payment records for your bank.
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Sources: UK FCA Warning List, fivonix.com notice of 6 November 2026 (fca.org.uk); RDAP record for fivonix.com (8 April 2024); fivonix.com captured 12 November 2026.
