Score
Novox
Cyprus|5-10 years| https://www.novoxfx.com/en/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Australia 4.11Contact
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cyprus
5-10 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskAccount Information
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- 10-15 years |
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STARTRADER
- 10-15 years |
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- MT4 Full License
Total Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 HoChiMinh | 747*** | ETHEREUM | 12-20 17:14:27 |
 Tokyo | 176*** | ETHEREUM | 12-20 16:38:10 |
 Bangkok | 401*** | ETHEREUM | 12-20 18:36:54 |
Stop Out
1.50%
Stop Out Symbol Distribution
6 months
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
novoxfx.com
Server Location
China
Website Domain Name
novoxfx.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2018-04-05
Server IP
47.57.6.146
Company Summary
General Information & Regulation
Novox Capital LTD is registered in Cyprus – with company registration number 292182. NOVOX brand is authorized and regulated in various jurisdictions. For example, Novox Capital Limited (www.novoxfx.eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 224/14. NOVOX brand does not provide services to residents of the USA, Yemen, Syria, North Korea, Puerto Rico.
Market Instruments
This broker offers investors six main categories of tradable instruments: Forex, Commodities, Futures, Cryptocurrencies, Indices, and Stocks.
Minimum Deposit
Novox offers four account types to meet different clients' investment needs and strategies, mainly MT4 Standard and MT4 Zero accounts, and MT5 Standard and MT5 Zero accounts. The minimum deposit for a Standard account is $500 and for a Zero account is $5,000. All accounts have constant leverage of 1:400.
Novox Leverage
Trading leverage vary depending on instruments traded. Novox, as a Cyprus based broker, offers the maximum leverage up to 1:30 for forex trading, 1:20 for CFD trading.
Spreads & Commissions
In terms of spreads and commissions, the Min.Spread for the standard account is around 2.4 pips, with no commissons on forex trading; the Min. spread for the Xero account from 0.0 pips, with a commission of $5.5 per side; the Min. Spread for the Premium account from 0.0 pips, with a commission of $4 per lot.
Trading Platforms
Novox offers users the Novox MT4 and Novox MT5 trading platforms, both of which offer a wealth of opportunities for traders of all skill levels, advanced analytics, flexible trading systems, algorithmic trading, and expert advisors, as well as mobile trading applications. Over a hundred instruments can be traded on the MT4 platform, including Forex, CFDs, and Futures, with full EA functionality for one-click trading, technical analysis tools with 50 indicators and charting tools, 3 chart types, allowing hedging trading mode. MT5 has all the features of MT4; besides, it has more than 80 technical analysis objects, the latest quotes for market depth.
Trading Tools
Apart from the various built-in tools of the MT4 and MT5 trading platforms, traders are provided with some standalone trading tools to help them get the best out of their trades. These tools include some social trading tools, an economic calendar, and more.
Deposit & Withdrawal
Novox offers its clients a wide selection of payment options for its clients to make a deposit and withdrawal. These payment options incudes COINPAY, UnionPay, VISA, MasterCard, Skrill, Neteller, PoLi, Bitwallet, NLV, PayTrust, Bank Wire.
Customer Support
Novox provides traders with a knowledgeable customer support team who can be contacted via any of the following contact channels: telephone, email, Live Chat, and social media.
Educational Resources
As for educational resources offered by this brokerage, Trading Guide and Q&A make up its major educational resource section. Besides, Forex News section is also available for traders to get an idea of what happen in the forex industry.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Appointed Representative(AR) Revoked
- High potential risk
Review 137
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FX2590068271
Hong Kong
NOVOX blocked my account and refused to withdraw funds on the grounds of illegal transactions, because my account was profitable, and the profit was not allowed to withdraw funds. It has been two months since September. My account number is 620359, and the balance is 18522.90 USD. I want to unblock the account immediately and withdraw the full amount!
Exposure
2022-11-27
Đoàn Tiến Xklđ
Vietnam
Request broker to allow make withdrawal to my account.
Exposure
2022-07-21
W123
Singapore
The account cannot be logged in. It has not been able to log in for a long time. The customer service said that the re-application will be bound and returned together. The application has not been returned to the old account, and the old account still cannot be logged in.
Exposure
2022-07-19
FX2077629417
Vietnam
I made a withdrawal order in 2021 from H, the money k was returned to the exchange to lock my account and delete my account information
Exposure
2022-07-18
Jirayut Konkompa
Thailand
The person who was deceived was cheated from pirated web bootleg broker In a manner similar to what I was hit There are people who add line to invite you to trade and invest. and then withdrawing money is not claimed to pay taxes, etc. please contact me will collect as many victims as possible. To bring a lawsuit back to these pirated sites ID:Line frame_37
Exposure
2022-07-06
Đoàn Tiến Xklđ
Vietnam
My account has been trading at novox for 2 years now and there is no support to withdraw money, and I ask the exchange to let me withdraw
Exposure
2022-06-09
Đoàn Tiến Xklđ
Vietnam
I have been trading at the exchange for more than 2 years without withdrawing money, I hope someone will contact the exchange to handle it for me.
Exposure
2022-06-08
Đoàn Tiến Xklđ
Vietnam
I have messaged on the website many times about the withdrawal support for 2 years, but no one to handle it
Exposure
2022-06-08
FX5179656533
Hong Kong
On April 18th, I deposited and traded of the index and I was lucky enough to earn 2,000 US dollars. When I submitted the withdrawal, I refused to withdraw on the grounds of monitoring the back-end and threatened me to send an email to admit that I violated the rules before giving the principal and also paying Part of the principal has been deducted. If it is said that the background monitoring is used, why is it not monitored for a month, but it is monitored when the money is withdrawn? What is this monitoring to monitor the profit and loss of customers? And it is a b position, so I choose to bet Don't be fooled. The staff in the background are unprofessional and can't give a professional explanation at all, especially the woman surnamed Wang originally had a Skype group chat as a connection to the group and removed me from group chat after the incident.
Exposure
2022-05-18
FX5179656533
Hong Kong
On April 18th, I deposited and traded for a month to make an index. I had a good luck and earned a lot of money. I submitted a withdrawal on the grounds of making an order. I deducted all the funds and threatened to have an email to admit that I violated the rules. When the gold was withdrawn, it said that the back-end monitored illegal transactions, then I did not monitor it for a month, but it was monitored when the gold was withdrawn. This is to monitor the profit and loss, and the back-end staff are particularly unprofessional. If you ask, you can't give a professional Before the sex explanation, there was a Skype group connection problem, and I was immediately removed from the group chat. It's a platform run by a group of rogues, especially the woman surnamed Wang is their backstage person
Exposure
2022-05-18
DevilUnited2
Malaysia
they take 1 night to lose all my money up to USD 40k, just one night time after the next days i open the account my account burn!
Exposure
2022-05-11
FX2077629417
Vietnam
I made a withdrawal order for nearly 2 years but the exchange didn't approve it
Exposure
2022-04-14
Jau
Australia
In February, 2022, the customer service manager said that the technical side required all pamm copying accounts to be merged into one main account and required to re-fill the agreement. After re-filling, there were many unreasonable positions in the account, which eventually led to the liquidation of positions. I communicated with other people in the industry that it is illegal to operate and merge funds. I demand Novox to address it.
Exposure
2022-02-25
ACDS
Hong Kong
Unable to withdraw! Severe slippage. Cancelled the copied orders and forcily liquidate the position. Deceived customers. Denied the compensation. The account information is closed and cannot log in.
Exposure
2022-02-25
Jau
Australia
On February 22, 2022, the customer service manager said that the technical side required all pamm copying accounts to be merged into one main account and required to re-fill the agreement. After re-filling, there were many unreasonable positions in the account, which eventually led to the liquidation of positions.
Exposure
2022-02-25
鹏
Hong Kong
Cooperate with community that copying the order and cannot withdraw. The account information is closed and cannot log in. Fraud broker.
Exposure
2022-02-14
佳佳
Hong Kong
It keeps saying that the password is wrong. After changing it from the mailbox, I still can't log in. I still have 20,000 US dollars. They have ran away.
Exposure
2022-02-06
a-99542
Hong Kong
Participated for a month and a half, and invested more than 10,000 US dollars. I encountered many smashed orders and set a stop loss. The platform was unstable and directly exceeded the stop loss point. The analyst explained that the smashing speed was too fast, so the loss value is burden by the customer? Is this platform so unstable? At present, there is only 2,000 US dollars left, and there is no point in operating it.
Exposure
2022-02-02
佳佳
Hong Kong
Unable to withdraw. Keep copying the order at Weizhi. Now, I cannot log in. It has been two years. Why Novox can have a high score like this? I trusted Novox at that time and Weizhi has been arrested now.
Exposure
2022-01-27
佳佳
Hong Kong
Keep copying the order and cooperate with this broker. Now, I cannot withdraw. Do not be deceived.
Exposure
2022-01-27