Information about Novafx Broker
Novafx is a steadily developing broker in the network, offering clients three ways to earn money on financial markets: (1) independent trading, (2) trading with a consultant, and (3) investing in portfolios.
Novafx Net Proprietary Terminal
In the Novafx Net trading terminal, access is provided to over 150 currency pairs and CFDs from providers such as Deutsche Bank, JP Morgan Chase, Citibank, Goldman Sachs, UBS, and HSBC.
History and Regulation
Foundation Date: Nova Finance Technology Ltd started serving traders in 2014. The company launched its own liquidity aggregators and order execution technologies in 2016.
Regulation: Nova Finance Technology Ltd does not have official licenses for its activities, which is a negative aspect.
Contact Information
Location: The company’s legal address is in Tokyo, Japan.
Contacts: To contact the support service, you need to call the phone number +74997535681 or write to the address [email protected].
A feedback form and chat are also available on the website.
Novafx Net Services
Novafx Net offers three types of services and positions itself as a solid foundation for your investments.
Trading Platform
Novafx Net provides opportunities for trading through web and desktop terminals. The terminal offers quotes for various assets, charts, indicators, and the ability to place orders. However, the broker does not provide information on key trading parameters.
Management Consulting
Novafx Net offers the assistance of a financial consultant. The specialist offers personalized portfolios and monitors the market, but the cost of their services is not disclosed.
Investment Portfolios
Novafx Net has developed three portfolios for medium- and long-term investments: Franklin, Buffet, and Samuelso. Each portfolio has its characteristics in terms of investment amount, asset composition, and expected returns.
Deposit Replenishment and Withdrawal
Various payment methods are available for deposit replenishment. Withdrawals are made to specified payment systems with different limits and commissions.
Reviews about Novafx Net
The BrokerTribunal platform collects client opinions about Novafx Net. Share your trading or investment experience with this company on the reviews page.
Isolde
Using NovaFX for my trading needs was a terribly disappointing experience. Their interface is confusingly complex, making it difficult to navigate and execute trades swiftly and accurately. I found their customer service deeply unsatisfactory, with slow response times and they often failed to resolve my issues. Most troubling, I experienced several instances of slippage during critical trading moments which negatively impacted my investments. I also noticed some discrepancies with their pricing, which appeared to be higher than other brokers. I would not recommend NovaFX for serious or professional traders.