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 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: Competitive fees|Social trading features
Cons: Email notifications too frequent|Limited demo account features
I gave www.fxnovus.com a fair chance. After for over a year 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: Tax reports included|Helpful community forum|Wide product range
Cons: Account statements could be more detailed|No live chat on mobile
After spending for over a year trying to make www.fxnovus.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Fast deposits|Full transparency|Easy withdrawals
Cons: Withdrawal takes 1-2 business days|None so far