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Novox -Overview Guide of This Broker

WikiFX | 2025-06-13 18:32

Abstract:  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.

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

NOVOX Review Summary
Founded2014
Registered Country/RegionCyprus
RegulationASIC (Revoked)
Market InstrumentsForex, commodities, indices, cryptocurrencies, stocks
Demo Account✅
LeverageUp to 1:30
SpreadFrom 2.4 pips (Standard Account)
Trading PlatformMT4
Minimum Deposit$200
Customer SupportTel: +357 25 267 880
Email: info@novoxfx.com
Facebook: https://www.facebook.com/NOVOX-Group-352837095367991
Instagram: https://www.instagram.com/novoxglobal/
Regional Restrictionsthe USA, Yemen, Syria, North Korea, Puerto Rico

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

Pros Cons
Popular payment optionsRegional restrictions
Demo accountsRevoked ASIC license
Various trading productsInaccessible website
MT4 platformHigh minimum deposit requirement

Is NOVOX Legit?

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

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
AustraliaASICRevokedNOVOX GROUP PTY LTDAppointed Representative001274982
license

What Can I Trade on NOVOX?

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

Tradable Instruments Supported
Forex✔
Stocks✔
Commodities✔
Indices ✔
Cryptocurrencies✔
ETFs❌
Bonds❌
Options❌

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.

Account TypeMinimum Deposit
Standard$200
Xero$25,000
Premium$50,000

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.

Trading AssetMaximum Leverage
FX1:30
CFDs1:20

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

NOVOX Fees

Account TypeSpreadCommission
StandardFrom 2.4 pips0
XeroFrom 0.0 pips$5.5
Premium$4

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders

Deposit and Withdrawal

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

Related broker

Suspicious Clone
Novox
Company name:Novox Capital Limited
Score
1.55
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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