FXNovusReview SummaryFounded2021-10-20Registered Country/RegionSouth AfricaRegulationSuspicious CloneMarket InstrumentsForex/Commodities/Indices/Shares/Cryptocurrencies/Metals/CDFsDemo Account❌LeverageUp 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/YouTubeFXNovus 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 ConsPros Cons Leverage up to 1:400Suspicious Clone24/7 customer supportMT4/MT5 unavailableSpread from 0.9 pipsDemo account availableVarious tradable instrumentsCommission freeIs 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 ClassicSilverGoldPlatinumVIPLeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400Up to 1:400Min. spreadFrom 2.5From 2.5From 1.8From 1.4From 0.9Commission00000Minimum 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 FXNovus✔Mac/Mobile/PC/DesktopDeposit 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.