Nova Tech Ltd (novatechfx.com) has been flagged by ASIC (Australia) for "Unlicensed". https://www.osc.ca/en/news-events/news/osc-investor-alert-nova-tech-ltd; https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/novatech-ltd
Phones: 19049446682 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: novatechfx.com.
I found Nova Tech Ltd (novatechfx.com) through a podcast recommendation and the initial impression was positive. But since I opened my account last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Quick verification|Multi-device support|Clear documentation
Cons: No phone support on weekends|Withdrawal takes 1-2 business days
The hidden fees at Nova Tech Ltd (novatechfx.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Personal attention|Demo account available|Smooth onboarding
Cons: Mobile app could be improved
What really bothers me about Nova Tech Ltd (novatechfx.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.
Pros: Social trading features|Good analytical tools|Wide product range|Regular platform improvements
Cons: Some tools only available on higher tiers|Alert system is basic
I had a dispute with Nova Tech Ltd (novatechfx.com) 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: Quick verification|Customizable dashboard|Demo account available
Cons: Live chat only during business hours|No fractional shares
I trusted Nova Tech Ltd (novatechfx.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Comprehensive tools|Competitive fees|Social trading features|Easy to use platform
Cons: Wish they had more educational resources
The spread at Nova Tech Ltd (novatechfx.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Easy withdrawals|Segregated accounts|Great customer service
Cons: Research section could be deeper|Withdrawal takes 1-2 business days
The platform at Nova Tech Ltd (novatechfx.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Multi-device support|Quick verification|Multiple order types
Cons: Wish they had more educational resources
I had high hopes for Nova Tech Ltd (novatechfx.com) after reading several online reviews, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Great customer service|Regular platform improvements
Cons: Wait times can be long during peak hours|Would like more payment methods
Nova Tech Ltd (novatechfx.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Quick verification|Multi-device support|Helpful community forum|Fast deposits
Cons: Withdrawal takes 1-2 business days
I am in a dispute with Nova Tech Ltd (novatechfx.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Instant funding|Full transparency|Clear documentation|Portfolio tracking tools
Cons: Live chat only during business hours|Some tools only available on higher tiers