|Address :||6 ANDREY NIKOLOV STR. SOFIA BULGARIA|
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Let’s talk about NoviFX.com
We will show you why this broker is to be avoided if you don’t want to lose your money.
Who is the owner of this broker ?
NoviFX is owned and operated by MAGIC CONSULTING LTD, a company based in Bulgaria. We don’t have a phone number and the address is used by many fraudulent broker from Bulgaria.
Deposit and withdraw.
There are no account types offered. It’s a case by case to get as much money out as possible for every person who deposits money. Juan contacted us by email to report NoviFX who after investing $500, asked him to invest more. He doesn’t yet have the opportunity to withdraw his money.
Regulated or not ?
NoviFX has no regular licenses. He doesn’t have the right to offer trading in any country. Unfortunately he offers some, especially in Spain where he received a warning from the Spanish financial authorities (CNMV) for offering trading without licenses.
Our final conclusion.
NoviFX is a fraudulent broker who has already scammed a few people. Receiving a warning in Europe by the CNMV confirms that it’s necessary to avoid this broker.
Leave us a comment if you have an experience with this broker. We want to prevent other people from being scammed like Juan. We receive threats from many fraudulent brokers but nothing will stop us to help you.