FXNovus

Admin July 14, 2024

FXNovus is operated by FXNOVUS (PTY) LTD and duly regulated by the FSCA of South Africa under License No. 50963 (Registration No. 2020/183344/07). The company provides fast order execution, one-click trading, zero commissions, a wide range of financial tools, and complete data protection.

Regulated

Payment Methods Used

Credit/Debit Cards, Wire Transfers and APMs

Meta Trading Softwares Used

WebTrader platform, Desktop app, Mobile application

Overall Rating

4/5

Reviews

George
4.5/5

They provides free webinars for newbies. The speaker is good and explains the topics well, especially the fundamental analysis. Their employees have extensive knowledge in forex trading so can share many experiences as a long time trader.

John
4/5

I have been trading with FXNovus for about a year now, and it's been a smooth experience. Their platform is user-friendly, and I appreciate the variety of trading tools available. Spreads are decent too. Customer support could be a bit faster, but overall, I am satisfied with the service.

Lars
1/5

Very bad experience. FXNovus promised tight spreads but actually, the spreads were much higher than advertised. Customer service not help me at all when I ask about this issue. Stay away from this broker.

Maria
1.5/5

I was excited to trade with FXNovus, but my excitement didn’t last. Withdrawals take too long, and I faced some delays with getting my money back. They say 2-3 business days, but for me, it took over a week

Faisal A
1/5

FXNovus is not reliable. The platform sometimes freezes, and I lost money because of it. I contacted their support, but they just give generic replies. Not recommended if you’re serious about trading.

Aditi Roy
3.8/5

FXNovus helped me grow my portfolio faster than I expected. They offer educational materials that really helped me when I was starting. The withdrawal process was fast for me, no issues so far

Michael
1/5

Terrible. I don’t trust FXNovus anymore. They blocked my account after I requested a withdrawal. No explanations were given, and support just keeps telling me to wait. It’s been over two weeks, and I still can’t access my funds. This looks like a scam

3/5
Trading with FXNovus has been okay. The platform is fine, but I experienced slippage on some trades which cost me. Customer support is decent but could improve. Still, I think it’s a good broker for beginners.

I switched to FXNovus after having problems with my old broker. So far, FXNovus is great. The execution times are fast, and I haven’t faced any slippage issues. I’m mostly trading forex, and the spreads are competitive. Would recommend them to new traders

Manish
4/5

After switching from another broker, I found FXNovus to be much more reliable. Execution times are fast, spreads are reasonable and I’ve never had issues with withdrawing my profits. Definitely worth trying.

Eric Peterson
4/5

After switching from another broker, I found FXNovus to be much more reliable. Execution times are fast, spreads are reasonable and I’ve never had issues with withdrawing my profits. Definitely worth trying.

Maria Sanchez
3/5

I had a mixed experience with FXNovus. Trading was fine but the withdrawals took longer than I expected

. Pavel Kuznetsov
3/5

FXNovus is decent. The trading platform works well and I’ve made some profits. But the spreads are sometimes higher than advertised which can be annoying. Still, it’s okay for beginners who want to start trading.

Lars Kessler
1/5

Terrible broker! The spreads were much higher than what they advertised. When I contacted customer support, they didn’t help me at all. I wouldn’t recommend FXNovus to anyone. Stay away!

Michelle Williams
1/5

My experience with FXNovus has been average. The platform works but sometimes there are minor glitches especially during peak times. I’ve withdrawn my funds but it wasn’t as quick as they promised.

Faisal Ahmed
1/5

FXNovus disappointed me. Their platform kept freezing and I lost money because of that. I contacted support multiple times but they just gave me generic responses. I wouldn’t trust this broker.

Olivia Martin
2/5

Not impressed with FXNovus. The platform is slow at times and I’ve faced issues with execution delays. Withdrawals take forever and the customer support just tells you to wait. I’m looking for another broker.

Michael Johnson
1/5

I do not recommend FXNovus! They blocked my account after I requested a withdrawal. It’s been two weeks and I still haven’t gotten my money back. Feels like a scam.

Ananya pandey
5/5

Good broker

Chloe Harrison
1/5

My experience with FXNovus was awful. Their platform constantly lagged and I couldn’t close my trades in time. Lost a lot of money because of this. Support was useless too. Stay far away from this broker!

Ali
1/5

Scammer. Stay away

Contries to deal with

US, Canada, Australia, Iran, North Korea, Myanmar, Israel, Turkey, and “certain EU member states” as ineligible countries of residence.