In this section we will analyze the broker NOVAFXTRADES (also called novafxtrades.com), is a Forex, Cryptocurrency, Binary Options and CFD broker. Is NOVAFXTRADES really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we are reviewing NOVAFXTRADES. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it.
As to its location, The broker mentions being based in: they mention being based in the United States, but they are not regulated in that country, which makes us think that they are not really based in the United States.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, we believe that it is an UNREGULATED broker.
If now we go on to analyze account types offered by NOVAFXTRADES, we note that they offer 6 different types of account / plans: the Novice Account, the Basic Account, the Starter Account, the Deluxe Account, the Executive Account and the Gold Account. We leave an image with a little information about each type of account.
Account News- $ 300 minimum initial deposit, 24/7 customer support, professional charts, price alerts, personal coach, $ 600 bonus.
Basic account- $ 500 minimum initial deposit, 24/7 customer support, professional charts, price alerts, personal coach, $ 1.000 bonus.
Starter account: minimum initial deposit of $ 1.000, customer support 24 hours 7 days a week, professional charts, price alerts by message and email, personal coach, $ 2.000 bonus, live session with expert.
Deluxe Account: minimum initial deposit of $ 2.000, customer support 24 hours 7 days a week, professional charts, price alerts by message and email, personal coach, $ 4.000 bonus, live session with expert.
Executive Account: minimum initial deposit of $ 5.000, 24/7 customer support, professional charts, price alerts by message and email, personal coach, $ 10.000 bonus, live session with expert, higher trading limits, advanced settings of software.
Gold Account: minimum initial deposit of $ 10.000, 24/7 customer support, professional charts, price alerts by message and email, personal coach, $ 20.000 bonus, live session with expert, higher trading limits, advanced settings of software.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that NOVAFXTRADES offers are: NOVAFXTRADES platform.
We will now analyze the different resources and aids for traders that NOVAFXTRADES provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
NOVAFXTRADES provides the following help or resources to traders or interested parties: some sections that explain how NOVAFXTRADES works above, really not much more than this.
| Other information about NOVAFXTRADES |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: unmentioned
Email: [email protected]
>>> Assessment on NOVAFXTRADES <<
Ending with this section, in our opinion Do we believe that the NOVAFXTRADES company is reliable? Should you invest your money with the company?
The truth is that, we believe it is better to be careful because: it is an unregulated broker, it is not clear where it is based, when looking for reviews NOVAFXTRADES We found a lot of negative feedback reviews. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.