Cryptocurrency Exchanges

Nova Trustway Union

1.6 (9 reviews)
🇳🇿 New Zealand
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1.6
9 reviews
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About Nova Trustway Union

Nova Trustway Union has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Stay far away from this company

L
Laura R.
3 weeks ago

I invested $5,000 with Nova Trustway Union after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Swap rates are predatory

H
Helen F.
2 months ago

I signed up with Nova Trustway Union through my accountant's suggestion 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: Customizable dashboard|Competitive fees|Good analytical tools

Cons: Limited social trading features

Balance went negative they want it back

A
Adrian M.
3 months ago

I opened an account with Nova Trustway Union for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Dividend tracking|Fast deposits

Cons: Limited cryptocurrency options|Limited ETF selection

Run the other way

J
Joel T.
4 months ago

I referred a friend to Nova Trustway Union through a financial advisor. 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: Clear documentation|Instant funding

Cons: Alert system is basic|Help articles are sometimes vague

CFD pitch was aggressive

G
George X.
5 months ago

I closed a profitable position at Nova Trustway Union 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: High security standards|Low minimum deposit

Cons: No dark mode on mobile|Account statements could be more detailed

Do your due diligence first

S
Susan A.
6 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Flagged by international regulators|Due diligence required

Absolutely dreadful

I
Iris P.
8 months ago

I requested my data from Nova Trustway Union 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: Quick verification|Portfolio tracking tools|Smooth onboarding

Cons: Search feature is basic

Something doesn't add up here

F
Frank N.
9 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Nova Trustway Union has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises

Wish I had read reviews first

C
Chloe C.
9 months ago

I joined Nova Trustway Union based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Multi-currency support|Professional team|Full transparency|Reliable uptime

Cons: Onboarding videos are outdated