www.fxnovus.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fxnovus.com.
www.fxnovus.com 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: Regular updates|Multi-device support|Multiple order types|Competitive fees
Cons: Website design could be more modern|Minimum deposit could be lower
What really bothers me about www.fxnovus.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 reading several online reviews and I fell for the polished exterior. Never again.
Pros: Copy trading available|High security standards
Cons: Mobile app could be improved
I closed a profitable position at www.fxnovus.com 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: Professional team|Segregated accounts
Cons: Desktop app not available on Linux|Live chat only during business hours
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.fxnovus.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Automated trading options|Great customer service|Professional team|Educational resources
Cons: None so far|Minimum deposit could be lower
www.fxnovus.com had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Multi-currency support|Real-time alerts|Wide product range
Cons: Cannot customize dashboard fully|Help articles are sometimes vague
I had high hopes for www.fxnovus.com through a podcast recommendation, 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: Fast support response|Multi-currency support
Cons: Would like more payment methods|Research section could be deeper
The only good thing about www.fxnovus.com is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Easy to use platform|Detailed reporting|Social trading features
Cons: Mobile app could be improved|Cannot customize dashboard fully
Do not believe the bonus offer from www.fxnovus.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Full transparency|Clear documentation
Cons: Charting tools need more indicators
I lost a significant amount because www.fxnovus.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Quick verification|Dividend tracking
Cons: Limited social trading features
I requested my data from www.fxnovus.com 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: No hidden fees|Excellent charting
Cons: No fractional shares|Would like more payment methods