Novox Forex Broker

Note: NOVOX's official website: https://www.novoxfx.eu/ is currently inaccessible normally. NOVOX Review SummaryFounded2014Registered Country/RegionCyprusRegulationASIC (Revoked)Market InstrumentsForex, commodities, indices, cryptocurrencies, stocksDemo Account✅LeverageUp to 1:30SpreadFrom 2.4 pips (Standard Account)Trading PlatformMT4Minimum Deposit$200Customer SupportTel: +357 25 267 880Email: info@novoxfx.comFacebook: https://www.facebook.com/NOVOX-Group-352837095367991Instagram: https://www.instagram.com/novoxglobal/Regional Restrictionsthe USA, Yemen, Syria, North Korea, Puerto RicoNOVOX Information NOVOX is a regulated broker, offering a wide range of financial instrument categories, including forex, commodities, indices, cryptocurrencies, and stocks with leverage up to 1:30 and spread from 0.0 pips on the MT4 platform. The minimum deposit requirement is $200.Pros and ConsPros Cons Popular payment optionsRegional restrictionsDemo accountsRevoked ASIC licenseVarious trading productsInaccessible websiteMT4 platformHigh minimum deposit requirementIs NOVOX Legit? NOVOX's Australia Securities & Investment Commission (ASIC) license is revoked. Please be aware of the risks!Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.AustraliaASICRevokedNOVOX GROUP PTY LTDAppointed Representative001274982What Can I Trade on NOVOX? Novox offers investor trading instruments including forex, commodities, indices, cryptocurrencies, and stocks.Tradable Instruments Supported Forex✔Stocks✔Commodities✔Indices ✔Cryptocurrencies✔ETFs❌Bonds❌Options❌Account Type Here are three account options offered by Novox: Standard account, Xero account, andPremium account. Besides, demo accounts are also available, which enables traders to monitor exicution before opening a live account.Account TypeMinimum DepositStandard$200Xero$25,000Premium$50,000Leverage The leverage offered to the customers is the same for all account types on FX, up to 1:30 and on CFDs up to 1:20. Trading AssetMaximum LeverageFX1:30CFDs1:20 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.NOVOX FeesAccount TypeSpreadCommissionStandardFrom 2.4 pips0XeroFrom 0.0 pips$5.5Premium$4Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔PC, web, mobileBeginnersMT5❌/Experienced tradersDeposit and Withdrawal Novox accepts payments via COINPAY, U-PAYMENT, UnionPay, Visa, MasterCard, Skrill, Neteller, POLi, Bitwallet, NLV and bank wire.