✔️ Information reviewed and updated in June 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in NovaTech. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about NovaTech and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitenovatechfx.com
🏠 CompanyNovaTech Ltd, NovaTrading OÜ and NovaTech Advisors LLC
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingMetaTrader5 (MT5)
📌 AddressSaint Vincent and the Grenadines – Estonia

⚠️ NovaTech is owned by NovaTech Advisors LLC, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

NovaTech does not offer multiple accounts to users.

Information on the web

Novatech website

NovaTech provides a basic explanation about the financial products it offers, an educational section, glossary, asset index, market news although in English, not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 NovaTech final assessment 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH NovaTech.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Video review of NovaTech

Updates

News about NovaTech:

Date Update – news
October 2022Complaint against NovaTech of BCSC (Columbia)

User Reviews

[democracy id = ”1034 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with NovaTech.

At the end of the review you will find customer comments.


How to Claim Money Scammed by NovaTech

How to Report NovaTech

FAQs

How can I report NovaTech?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is NovaTech a scam – is it scam?

Yes. We believe that NovaTech is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is NovaTech reliable?

No. NovaTech is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from NovaTech?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to NovaTech?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

62 comments on «NovaTech: Rating and Comments»

  1. Juan Reply

    It goes wrong, you don't pay interest, you can't withdraw capital, and interest is close to 0%…. We already know that that pyramid remained illiquid...

    • Recommended-brokers.com Reply

      Hi Juan, thanks for commenting on NovaTech. This broker is a SCAM. The BCSC (British Columbia Financial Regulator) has already warned about them, for fraud and not being regulated (See link ).

      Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  2. Johanna Reply

    Hello, I want to know more about what I should do if they supposedly freeze the investment I have made in novatech and they do not answer me for my money

    • Recommended-brokers.com Reply

      Hi Johanna, thanks for commenting on NovaTech. This broker is a SCAM. The BCSC (British Columbia Financial Regulator) has already warned about them, for fraud and not being regulated (See link ).

      Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  3. nick brian Reply

    A query after reading the comments... How is that illegal company doing this 2023?

    • Recommended-brokers.com Reply

      Hi Nick, for now we have not had any further information on them in 2023.

      Greetings.

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