✔️ 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
| 🌐 Website | novatechfx.com |
| 🏠 Company | NovaTech Ltd, NovaTrading OÜ and NovaTech Advisors LLC |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | MetaTrader5 (MT5) |
| 📌 Direction | 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. ⚠️
Account types
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.
Video review of NovaTech
Updates
News about NovaTech:
| Date | Update – news |
|---|---|
| October 2022 | Complaint against NovaTech of BCSC (Columbia) |
User Reviews
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.
they came out this month on the british columbia regulator's page of scammers
Hi Cort, thanks for commenting on NovaTech. This broker is a SCAM. The BCSC (British Columbia Financial Regulator) has already warned about them, for fraud and being unregulated (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.
BEWARE OF THESE THIEVES!!!! DO NOT LET YOUR MONEY BE TAKEN AWAY.
THEY TOOK EVERYTHING FROM ME!! After a few weeks I was able to get my money back with the recovery company. THANK YOU FOR THE RECOMMENDATION!
Hello Pepe Ruiz, FANTASTIC!!!, what joy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.
If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you are looking for our recommendations click HERE
Greetings and good luck.
Novatech continues to steal from everyone they catch and deceive to invest, when will the police do something????
Hello Juan, thanks for your comment about Novatech. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.
If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.
To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY
Greetings.
THANK YOU FRIENDS FOR THE ANALYSIS ON NOVATECH YOU WERE INVITING ME AND ARE INSISTENT PRESSING ME TO DEPOSIT BUT THANKS TO YOU I WILL NOT DO IT. REALLY THANK YOU SO MUCH TO ALL THOSE WHO TAKE THE TIME TO SHARE THEIR EXPERIENCE YOU HAVE OPENED MY EYES, YOU SAVED ME THAT MONEY... THANK YOU SO MUCH AND BLESSINGS TO ALL!!!
Hello RAUL, thanks for your comment about Novatech. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.
If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.
To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY
Greetings.
In Colima Mexico they are offering their services through meetings, it seemed quite easy to me the way they propose how you will grow your investment, that's why I took on the task of investigating since it seemed financially very illogical to me their way of generating profits. Thanks.
Hello Cryptho, in these meetings they will make everything very easy for you in order to capture your money. 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.
It is the typical pyramidal fraud that at any moment bursts like a balloon and your money disappears, they have tried to withdraw their capital, everything? Request a total withdrawal, if it is a serious company they will be able to realize that they do not hesitate to send them, but you will see how they will make excuses…withdraw everything and if they receive it later they decide whether to put it back or not, but get all your money back now!!!!
It is a fraud, a ponzi scheme, they pay you with the money of other unsuspecting people and one day it disappears and you no longer see your money...
@FX_ADMINISTRATIONS who know about this page please invest 150 dollars, according to them in 24 hours they generate profits.
Hi Veronica, it's a scam, all these quick profit offers are hooks for people who are driven by ambition and who believe in easy money, it doesn't exist, it's a scam.
Greetings.
They are scammers, they just want to get all the money they can from you…thieves!!!
Hello Beatriz, thank you for your comment about Novatech. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.
If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.
To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY
Greetings.
Anyone who knows the actual location of the offices? Or Or the name of the owners? I would like to know this, it is that they stole more than 10.000 dollars from me in a few days. They're thieves and I imagine I'm not the only person they've robbed, I'm sure they've made fortunes robbing people like us.
They are thiefs.
Hi Scammed, 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.
Thanks for notifying me of this scam, I was about to put in more than 10.000 dollars… wow, I've gotten rid of a bad nightmare!!!! THANK YOU, THANK YOU… THANK YOU!!!
Hello Dilan, thanks to you for writing, we are always happy to read this type of comment, thanks for making our day better.
Greetings.
Thank you for your comment, it has been very useful.
I was about to invest and fortunately something stopped me and I said to myself... I'm going to investigate a little... and I found this and other websites that spoke very badly about this scam and that's when I realized the mistake I was about to commit, Thank you all for your comments, they have helped me a lot.
Hi Roger, 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.
I agree that it is a scam
Hello Isaac, the important thing is that many people know and do not fall for these frauds, thanks for your comment.
Greetings.
you cannot trust this type of company that has just created a website, they have not been in the market for any time and on top of that they have countless complaints from customers who have been scammed, they are websites created to steal money from the unwary, if you read a little you will see that this is a fraud, do not trust Novatech.
Months ago they told us that it is not possible to withdraw, to date we do not know anything about our money
Hello Fernanda, thank you 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.
forced to denounce this coup, you should not invest in companies like this one that robbed two investors
Hello Joao, it is clear that before investing you should always review and search for information on the internet to find out what people say about these companies.
Greetings.