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NovaFX Holdings

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Operating status: SCAM

Website: http://novafxholdings.com/

Broker violations and abnormal records
  • 2024-08-04 BrokersView has reviewed that NovaFX Holdings is an unregulated broker

    According to its website, it claims to be regulated by the Financial Conduct Authority (FCA). Still, the FCA number format is FRN, not SIC as provided on the website, which is a red flag. In addition, we checked and found that it is not regulated by the FCA.

    In essence, NovaFX Holdings is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    NovaFX Holdings appears to be a scam.

    According to its website, it claims to be regulated by the Financial Conduct Authority (FCA). Still, the FCA number format is FRN, not SIC as provided on the website, which is a red flag. In addition, we checked and found that it is not regulated by the FCA.In essence, NovaFX Holdings is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.NovaFX Holdings appears to be a scam.

Related Complaints

Q&A

NovaFX Holdings' bonuses are real?

Vahrokh
Iceland
2024-08-06
ANSWER NovaFX Holdings appears to be a scam. The bonuses they promise cannot be trusted.The company misleads investors by falsely claiming to be regulated in the UK, resulting in a warning from the Financial Conduct Authority (FCA). According to the FCA, NovaFX Holdings is not authorized to provide financial services in the UK.NovaFX Holdings is not regulated. Investors should stay away from it to protect their funds from potential fraud schemes. It is advised to opt for fully regulated brokers.
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