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    Home   >     knowledge    >     NovaTech    >     NovaTech Introduction

    NovaTech Spreads, leverage, minimum deposit Revealed

    Abstract:NovaTech is an offshore broker registered in Saint Vincent and Grenadines, not subject to any regulation at this stage. Please be aware of the risk.

      General Information & Regulation

      NovaTech is an offshore broker registered in Saint Vincent and Grenadines, not subject to any regulation at this stage. Please be aware of the risk.

      Market Instruments

      Tradable financial instruments available on the NoveTech platform include forex currency pairs, commodities, indices and stocks.

      Minimum Deposit

      NovaTech advertises account tiers that start from $99. This isnt a high amount to start with, yet some legit brokers require even less. Since NovaTech is an unregulated broker, traders should stay away from it and not deposit here.

      Leverage

      The maximum trading leverage offered by NovaTech is up to 1:100, when it comes to leverage. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

      Spreads & Commissions

      Trading Platform Available

      NovaTech says to use MetaQuotes‘ latest platform, the MetaTrader5 (MT5). However, we couldn’t access any platform even after signing up with the broker, therefore, this is just a scam to attract new traders.

      Deposit & Withdrawal

      When it comes to deposit and withdrawal methods, NovaTech works only with cryptocurrencies. However, funding through crypto wallet can be very risky, traders should choose those brokers who support Visa, Mastercard, etc.

      Customer Service

      NovaTech doesnt offer a dedicated customer service team, as it is can be only reached through email. Telephone and live chat are not available.

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
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    Amount
    United States Dollar
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