FXNovus

FXNovus
3.5Score
HeadquartersJohannesburg, South Africa
Founded-
Tel
+441512655514
Email
support@fxnovus.com
Site
https://www.fxnovus.co/
Min Deposit250 USD
Max Lev1:400
Regulators
FSCA
Trading Platforms
MT4, MT5, WebTrader
Payment systems
Credit/Debit Cards, Bank Transfer, E-Wallets (Skrill, Neteller), Cryptocurrencies
Support for cryptocurrency trading
User-friendly platform
Fast deposits and withdrawals

License Information

Regulatory status
Authorised
License Number
50963
Regulatory country
South Africa
Effective from
2021

Account Type

Target Audience: Beginners

Max Leverage: Up to 1:400

Min. Spread: Starting from 2.5 pips

Minimum Deposit: $250

Margin Call Level: 100%

Stop-Out Level: 20%

Commission: Zero

Trading Instruments: 160+ CFDs on assets

Support: 24/7 support

Target Audience: Advanced Beginners

Max Leverage: Up to 1:400

Min. Spread: Starting from 2.5 pips

Minimum Deposit: $250

Margin Call Level: 100%

Stop-Out Level: 20%

Commission: Zero

Trading Instruments: 160+ CFDs on assets

Support: 24/7 support

Target Audience: Intermediate Traders

Max Leverage: Up to 1:400

Min. Spread: Starting from 1.8 pips

Minimum Deposit: $250

Margin Call Level: 100%

Stop-Out Level: 20%

Commission: Zero

Trading Instruments: 160+ CFDs on assets

Support: Full 24/7 support

Target Audience: Advanced Traders

Max Leverage: Up to 1:400

Min. Spread: Starting from 1.4 pips

Minimum Deposit: $250

Margin Call Level: 100%

Stop-Out Level: 20%

Commission: Zero

Trading Instruments: 160+ CFDs on assets

Support: Full 24/7 support

Target Audience: Expert Traders

Max Leverage: Up to 1:400

Min. Spread: From 0.9 pips

Minimum Deposit: $250

Commission: Zero

Trading Instruments: 160+ CFDs on assets

Support: Full 24/7 support

Additional Benefits: Negative Balance Protection, Free Trading Education

Deposit

BankTransfer
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
neteller
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
skrill
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant

Withdrawal

BankTransfer
Commission
0%
Exchange Rate
Market Rate
Processing Time
3-5 Business Days
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
neteller
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-2 Business Days
skrill
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-2 Business Days
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days

Company and Service

HeadquartersJohannesburg, South Africa
Founded-
Tel
+441512655514
Email
support@fxnovus.com
Site
https://www.fxnovus.co/
Min Deposit250 USD
Max Lev1:400
Regulators
FSCA
Trading Platforms
MT4, MT5, WebTrader
Payment systems
Credit/Debit Cards, Bank Transfer, E-Wallets (Skrill, Neteller), Cryptocurrencies

Reviews

Average Rating: 3.5
Neutral review

FX Novus is solid but not perfect. I’ve been trading with them for about a year now, and I’ve made steady profits, mainly from forex trading. The spreads are generally decent, but they widen a bit during news events, which can be frustrating. The platform is easy to use, but sometimes it lags during volatile market conditions. Customer service is okay but could be a bit faster in addressing issues

Emily

Negative review

I decided to give FX Novus a try after hearing good things, but so far, it’s been disappointing. I’ve experienced multiple issues with slippage, especially during volatile periods. I also had trouble withdrawing my funds; it took almost 7 business days for my request to be processed. Support didn’t provide any clear answers when I asked about the delays. I’m considering moving to a different broker

Tim Taylor

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