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:
|🏠 Company||NovaTech Ltd, NovaTrading OÜ and NovaTech Advisors LLC|
|️ Regulation||Not regulated|
|📈 Platform||MetaTrader5 (MT5)|
|📌 Address||Saint 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. ⚠️
NovaTech does not offer multiple accounts to users.
Information on the web
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.
News about NovaTech:
|Date||Update – news|
|October 2022||Complaint against NovaTech of BCSC (Columbia)|
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
Frequently Asked Questions
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.