✔️ Information reviewed and updated in April 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)
📌 DirectionSaint 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. Fabian Reply

    is a newly created company and already has thousands of complaints, stay away!

    • Recommended-brokers.com Reply

      Hi Fabian, thanks for commenting on NovaTech. This broker is a SCAM. 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 in the market, they just make it look 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. Lin Health Reply

    Good morning, I want to thank all the people who took the time to comment on Novatech. I have a friend involved and I was about to deposit a very large amount, but reading his comments I realize that they are a mere scam. Greetings to all and many thanks

    • Recommended-brokers.com Reply

      Hi Salud Lin, thanks for commenting on NovaTech. This broker is a SCAM. 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 in the market, they just make it look 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. Antoni Rossello Reply

    Hello, I was able to recover the money that these scammers stole from me, THANK YOU!!!

    • Recommended-brokers.com Reply

      Hello Antoni Rosello, Great!!!, thank you very much for notifying us, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them, you can read your review.

      For others who want to get their money back, they should try to talk to our chat or click on this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings and good luck.

  4. Victor Reply

    I want to know what they have been told not to withdraw, I have started in the company and I would like to know why they have not been allowed to withdraw their money. Thanks

    • Recommended-brokers.com Reply

      Hi Victor, thanks for writing, you can read your review and comments here: novatech.

      Greetings.

  5. Amauri rodriguez Reply

    I've been in Novatech for a year and now that I want to withdraw they won't let me get my money, they make the most absurd excuses, they are phonies, don't believe anything they say !!!

    • Recommended-brokers.com Reply

      Hi Amauri, thanks for commenting on NovaTech. This broker is a SCAM. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  6. ALBERT Reply

    It is the typical PONZI scheme to scam people, you have to capture or deceive others to win over them and the same old fraud that in the end collapses and everything is lost ... DON'T FALL !!!!!

    • Recommended-brokers.com Reply

      Hi ALBERT, thanks for commenting on NovaTech. This broker is a SCAM. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  7. Crypthereum Reply

    The one upstairs is crazy, nobody from Colima has been stolen from us

    • Recommended-brokers.com Reply

      Hi Crypt, thanks for commenting on NovaTech. This broker is a SCAM. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Wendy Reply

      what agent are you with?
      I am from Colima and I wanted to investigate before entering

  8. James losada Reply

    I am from Mexico, colima and they have stolen our money, these bastards do not return it, rats ..

    • Recommended Brokers Reply

      Hi James, thanks for commenting on NovaTech. This broker is a SCAM. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  9. Eduardo Reply

    And why in the end do they ask people to put people in so that they put people in, that is not done by a Pyramid company (garbage I would say) …….

    • Recommended Brokers Reply

      Hello Eduardo, thank you for sharing your experience with NovaTech. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
      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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

    • Sandro Reply

      some friends who invested tried to withdraw all their money at once and what do you think???, ….they are still waiting after 3 months!!!

  10. Cristian Reply

    It's all a lie, they just want you to invest as much money as possible and they will keep it all, my father is having a very bad time now for everything he has lost

    • Recommended Brokers Reply

      Hi Cristian, thank you for sharing your experience with NovaTech. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
      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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

      • Ada Paz

        They do not fulfill anything of what they sell, all pure lies, do not fall for their lies.

      • Recommended Brokers

        Hi Ada, thanks for commenting on NovaTech. This broker is a SCAM. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        Greetings.

    • Peter Merino Reply

      Hello Cristian, they are unfortunate scammers, these from Novatech are a fraud, you have to take them to jail.

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