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Novazx

Novazx | 2024-09-14 10:43

摘要:To satisfy traders of different experience levels, Novazx provides four account types: Mini, Classic, Premium, and Executive. Anyway, with a minimum deposit of $2,500, many traders may prefer a cheaper broker.

To satisfy traders of different experience levels, Novazx provides four account types: Mini, Classic, Premium, and Executive. Anyway, with a minimum deposit of $2,500, many traders may prefer a cheaper broker.

Novazx's homepage

Pros and Cons

Pros Cons
Multiple trading assetsHigh minimum deposit
Various account typesNot regulated
7/24 customer supportNo free demo accounts

Is Novazx Legit?

Novazx was established in the United Kingdom by NameCheap. Inc.; however, the FCA, the local financial regulator, does not have any information relating to it.

No license
Domain information

What Can I Trade on Novazx?

Novazx offers 7 trading options, including forex, CFDs, stocks, cryptos, currency pairs, commodities and indices.

Tradable Instruments Supported
Forex✔
CFDs✔
Stocks✔
Cryptos✔
Commodities✔
Indices✔
Metals❌

Account Type

Novazx provides 4 account types: Mini, Classic, Premium and Executive.

Mini accounts are suitable for small and new traders.

Classic accounts are suitable for experienced investors.

Premium accounts fit for professional ones.

Executive accounts are for institutional investors.

Account Type Minimum Deposit Maximum leverage
Mini $2,5001:100
Classic$5,000
Premium$25,000
Executive$100,000

Novazx Fees

Novazx claims to offer low and competitive spreads but not specified. And also, no any info on commissions. The only available info on fees is their inactivity fee ($36 monthly).

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web trader✔WindowsBeginners

Deposit and Withdrawal

Novazx requires a minimum deposit of $2,500. But the minimum withdrawal is not mentioned.

Deposit Options

Deposit Options Min. DepositProcessing Time
Bank transfer$2,500Within 2 business days

Withdrawal Options

Withdrawal Options Min. Withdrawal Processing Time
Credit cardsNot metionedWithin 2 business days
CryptoNot metionedWithin 2 business days

Customer Service

Contact Options Details
Phone+27784856839
Emailsupport@novazx.com
Support Ticket System❌
Online Chat24/7
Social Media❌
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressRoyal Chambers Business Centre, Royal Ave, Guernsey GY1 1WA, Guernsey

The Bottom Line

To sum up, Novazx is friendly to customers and provides a 24/7 online chat to resolve customers' issues at any time. On the other hand, no demo accounts may result in the loss of many beginners. This broker is well-suited for customers who want to invest in the long term and don't care about regulation.

FAQs

Is Novazx safe?

No, Novazx is not regulated.

Is Novazx good for day trading?

No, because the processing time of deposit and withdrawal is too long (2 days).

What kind of trading platform does Novazx offer?

Instead of the industry-leading MT4/5, Novazx only offers a web trader.

相关交易商

暂无监管
Novazx
公司名称:Novazx
天眼评分
1.21
官方网址:https://www.novazx.com/
1-2年 | 监管牌照存疑 | 展业区域存疑 | 高级风险隐患
天眼评分
1.21

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