Novox Spreads, leverage, minimum deposit Revealed

　　Note: NOVOX's official website: https://www.novoxfx.eu/ is currently inaccessible normally.

NOVOX Information

　　NOVOX is a regulated broker, offering a wide range of financial instrument categories, including forex, commodities, indices, cryptocurrencies, and stocks with leverage up to 1:30 and spread from 0.0 pips on the MT4 platform. The minimum deposit requirement is $200.

Pros and Cons

Is NOVOX Legit?

　　NOVOX's Australia Securities & Investment Commission (ASIC) license is revoked. Please be aware of the risks!

What Can I Trade on NOVOX?

　　Novox offers investor trading instruments including forex, commodities, indices, cryptocurrencies, and stocks.

Account Type

　　Here are three account options offered by Novox: Standard account, Xero account, andPremium account. Besides, demo accounts are also available, which enables traders to monitor exicution before opening a live account.

Leverage

　　The leverage offered to the customers is the same for all account types on FX, up to 1:30 and on CFDs up to 1:20.

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

NOVOX Fees

Deposit and Withdrawal

　　Novox accepts payments via COINPAY, U-PAYMENT, UnionPay, Visa, MasterCard, Skrill, Neteller, POLi, Bitwallet, NLV and bank wire.