FxNovaCapital has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". FxNovaCapital is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known area: Bristish-Colombia, Canada. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fxnovalcapitals.com.
I signed up with FxNovaCapital after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Full transparency|Segregated accounts
Cons: Nothing significant|Limited cryptocurrency options
I referred a friend to FxNovaCapital through word of mouth in my investment club. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Good analytical tools|Competitive fees
Cons: Desktop app not available on Linux|Onboarding videos are outdated
After doing some research AFTER the fact (I know, I should have done this first), I discovered that FxNovaCapital is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I requested my data from FxNovaCapital under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multi-currency support|Real-time alerts
Cons: Withdrawal takes 1-2 business days
After for roughly four months with FxNovaCapital I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Dividend tracking|Professional team|Multiple order types|Full transparency
Cons: Cannot customize dashboard fully
I experienced a security concern with my FxNovaCapital account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Regular platform improvements|Dividend tracking|Excellent charting|Reliable uptime
Cons: Limited social trading features|Wait times can be long during peak hours
My withdrawal from FxNovaCapital was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: API access|Easy to use platform
Cons: Help articles are sometimes vague
Opened my account with FxNovaCapital through a podcast recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Copy trading available|Quick verification
Cons: No live chat on mobile
Several red flags with FxNovaCapital: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises