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FXNovus Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:19

Abstract:FXNovus is a broker that offers access to various tradable instruments including CDFs, forex, commodities, indices, shares, cryptocurrencies, and metals. The broker also provides five accounts with a maximum leverage of 1:400. The minimum spread is 0.9 pips, and the minimum deposit is 250 USD. FXNovus

FXNovusReview Summary
Founded2021-10-20
Registered Country/RegionSouth Africa
RegulationSuspicious Clone
Market InstrumentsForex/Commodities/Indices/Shares/Cryptocurrencies/Metals/CDFs
Demo Account❌
LeverageUp to 1:400
SpreadFrom 0.9 pips
Trading PlatformFXNovus(Mac/Mobile/PC/Desktop)
Min Deposit250 USD
Customer SupportPhone number: +441512655514
Email: support@fxnovus.com
Live chat support
Facebook/Twitter/Instagram/LinkedIn/YouTube

FXNovus Information

  FXNovus is a broker that offers access to various tradable instruments including CDFs, forex, commodities, indices, shares, cryptocurrencies, and metals. The broker also provides five accounts with a maximum leverage of 1:400. The minimum spread is 0.9 pips, and the minimum deposit is 250 USD.

FXNovus Information

Pros and Cons

Pros Cons
Leverage up to 1:400Suspicious Clone
24/7 customer supportMT4/MT5 unavailable
Spread from 0.9 pips
Demo account available
Various tradable instruments
Commission free

Is FXNovus Legit?

  FXNovus is regulated by FSCA with license number 50963, but the current status is 'suspicious clone'.

Is FXNovus Legit?
Is FXNovus Legit?

What Can I Trade on FXNovus?

  FXNovus offers various market instruments, including CDFs, forex, commodities, indices, shares, cryptocurrencies, and metals.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Shares✔
Cryptocurrencies✔
Metals✔
CDFs❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on FXNovus?

Account Type

  FXNovus has five account types: classic, silver, gold, platinum, and VIP. Traders who want low spreads and low leverage can choose a VIP account.

Account Type ClassicSilverGoldPlatinumVIP
LeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400Up to 1:400
Min. spreadFrom 2.5From 2.5From 1.8From 1.4From 0.9
Commission00000
Minimum deposit250 USD250 USD250 USD250 USD-

FXNovus Fees

  The spread is from 0.9 pips, the commission is 0, and the swap charged. The lower the spread, the faster the liquidity.

Leverage

  The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

  FXNovus provides a propriety trading platform available on Mac, Mobile, PC, and desktop to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
FXNovus✔Mac/Mobile/PC/Desktop
Trading Platform

Deposit and Withdrawal

  The minimum deposit is 250 USD. FXNovus accepts Credit/Debit Cards, Wire Transfers, and APMs for deposit and withdrawal. The withdrawal process takes about 8 to 10 business days.

  

Related broker

Unverified
FXNovus
Company name:FXNOVUS (PTY) LTD
Score
1.37
Website:https://www.fxnovus.com
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.37

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