nova-finance.net has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nova-finance.net.
I had a dispute with nova-finance.net and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Wide product range|Customizable dashboard
Cons: No integrated tax optimization|Some tools only available on higher tiers
nova-finance.net seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast execution|Clear documentation|Customizable dashboard|Copy trading available
Cons: Limited cryptocurrency options
nova-finance.net has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Copy trading available|API access|Automated trading options
Cons: Search feature is basic|Limited social trading features
I closed a profitable position at nova-finance.net and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Demo account available|No hidden fees
Cons: Slow to add new assets|Spreads widen during volatile periods
My card was charged twice by nova-finance.net on the same day. I had to dispute it with my bank. nova-finance.net then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dividend tracking|Real-time alerts
Cons: None so far