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FXNovus Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.fxnovus.trade/onboarding?Opening=Direct-/zh/homepage&sub_campaign=Direct-/zh/homepage&utm_content=/zh/homepage, the company's legitimate regulatory information South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address 16 B 7 SINO STEEL PLAZA 159 RIVONIA ROAD MORNINGSIDE EXT 2146.

FXNovus Forex Broker

Basic information

Registered region
South Africa
Operating period
--
Company Name
FXNOVUS (PTY) LTD
Abbreviation
FXNovus
Company employee
--
Company website
Company address
16 B 7 SINO STEEL PLAZA 159 RIVONIA ROAD MORNINGSIDE EXT 2146
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Company profile

FXNovusReview SummaryFounded2021-10-20Registered Country/RegionSouth AfricaRegulationSuspicious CloneMarket InstrumentsForex/Commodities/Indices/Shares/Cryptocurrencies/Metals/CDFsDemo AccountLeverageUp to 1:400SpreadFrom 0.9 pipsTrading PlatformFXNovus(Mac/Mobile/PC/Desktop)Min Deposit250 USDCustomer SupportPhone number: +441512655514Email: support@fxnovus.comLive chat supportFacebook/Twitter/Instagram/LinkedIn/YouTube

FXNovus Information

  FXNovus is a broker that offers access to various tradable instruments including CDFs, forex, commodities, indices, shares, cryptocurrencies, and metals. The broker also provides five accounts with a maximum leverage of 1:400. The minimum spread is 0.9 pips, and the minimum deposit is 250 USD.

Pros and Cons

Pros Cons
Leverage up to 1:400Suspicious Clone
24/7 customer supportMT4/MT5 unavailable
Spread from 0.9 pips
Demo account available
Various tradable instruments
Commission free

Is FXNovus Legit?

  FXNovus is regulated by FSCA with license number 50963, but the current status is 'suspicious clone'.

What Can I Trade on FXNovus?

  FXNovus offers various market instruments, including CDFs, forex, commodities, indices, shares, cryptocurrencies, and metals.

Tradable Instruments Supported
Forex
Commodities
Indices
Shares
Cryptocurrencies
Metals
CDFs
ETFs
Bonds
Mutual Funds

Account Type

  FXNovus has five account types: classic, silver, gold, platinum, and VIP. Traders who want low spreads and low leverage can choose a VIP account.

Account Type ClassicSilverGoldPlatinumVIP
LeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400Up to 1:400
Min. spreadFrom 2.5From 2.5From 1.8From 1.4From 0.9
Commission00000
Minimum deposit250 USD250 USD250 USD250 USD-

FXNovus Fees

  The spread is from 0.9 pips, the commission is 0, and the swap charged. The lower the spread, the faster the liquidity.

Leverage

  The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

  FXNovus provides a propriety trading platform available on Mac, Mobile, PC, and desktop to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
FXNovusMac/Mobile/PC/Desktop

Deposit and Withdrawal

  The minimum deposit is 250 USD. FXNovus accepts Credit/Debit Cards, Wire Transfers, and APMs for deposit and withdrawal. The withdrawal process takes about 8 to 10 business days.

  

Rating Index

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FXNovus Forex Broker has an overall rating of 1.23, Regulatory Index 0.00, License Index 0.00, Business Index 4.83, Software Index 4.00 Risk Control Index 0.00.