Impersonation of Plus500AU Pty. Ltd. (novaprotrades.com)

I looked into Impersonation of Plus500AU Pty. Ltd. (novaprotrades.com) and found they appear in the regulatory warnings database. Australian Securities and Investments Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Several red flags with Impersonation of Plus500AU Pty. Ltd. (novaprotrades.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (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.

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Impersonation of Plus500AU Pty. Ltd. (novaprotrades.com) 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.