Information about Novatrades Broker
Novatrades is a company that offers trading opportunities on 90 underlying markets. They specialize in trading cryptocurrency, currency pairs, stocks, indices, and commodities. The company does not provide information about its age and license, and is registered in the Marshall Islands with a single office.
Novatrades Trading Platform
Novatrades offers three trading platforms:
- MT4 for personal computers,
- MT4 for iPhone,
- MT4 for Android.
The website provides instructions on installing the platforms on PCs and mobile devices.
Novatrades Trading Conditions and Platforms
The main conditions include:
- ability to trade on both spot and MT4,
- trading on tight fixed spreads,
- dealer-free execution,
- micro-lots and margin and stop-out availability,
- ability for scalping and risk hedging.
The company offers an analytical center, news sections, and educational materials. Five trading accounts are available for traders.
Choosing a Trading Account
Novatrades offers various trading accounts:
- Mini — for beginners with a 1:100 leverage and fixed spreads,
- Bronze — for Forex experience with floating spreads,
- Silver — for beginners and experienced traders with a 1:200 leverage,
- Gold — for full immersion with bonuses and individual conditions.
A demo account with $10,000 for practice is available. There is also a free account for long-term strategies.
Conclusion
The Novatrades website has a user-friendly interface with multilingual support. Trading conditions are clearly described, but information on fund withdrawal is missing. The company provides access to legal documents and offers basic technical support via phone, email, and a feedback form.