Investment Companies

Novixgrade

1.2 (5 reviews)
🇧🇪 Belgium
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About Novixgrade

Novixgrade has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". 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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Check regulatory status before investing

S
Steven A.
1 months ago

For anyone considering Novixgrade, please be aware that this company has been flagged by Financial Services and Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Completely let down by Novixgrade

E
Elizabeth R.
5 months ago

I gave Novixgrade a fair chance. After for the past six months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Transparent fees|Detailed reporting

Cons: Desktop app not available on Linux

Cannot withdraw funds - classic scam

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Victoria R.
7 months ago

Tried to withdraw my funds from Novixgrade and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Professional looking website

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Proceed with extreme caution

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Michael O.
7 months ago

I was about to invest with Novixgrade but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Services and Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises

They blocked me after I invested

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Harry H.
8 months ago

I want to warn everyone about Novixgrade. They have been flagged by Financial Services and Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Lost entire investment|Reported to authorities|Unresponsive