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    Novox:Novox was founded in 2014 and developed into a leader in the field of Contracts for Difference (CFDs), obtaining licenses from the Cyprus Securities and Exchange Commission (CySEC) and 15 other EU countries, acquiring Novox Capital. 2015 saw the award for the Fastest Growing CFD Broker across Europe, and in 2016 the operations center in Asia grew rapidly, with a team of 200 employees. In 2018, the broker successfully launched the MT5 trading platform, allowing iOS and Android users to trade online and reference stocks to its trading portfolio. In 2020, it kept introducing cutting-edge technology, launching innovative solutions for more than 10 countries and regions, allowing clients worldwide to join the market immediately.

    Abstract:Novox was founded in 2014 and developed into a leader in the field of Contracts for Difference (CFDs), obtaining licenses from the Cyprus Securities and Exchange Commission (CySEC) and 15 other EU countries, acquiring Novox Capital. 2015 saw the award for the Fastest Growing CFD Broker across Europe, and in 2016 the operations center in Asia grew rapidly, with a team of 200 employees. In 2018, the broker successfully launched the MT5 trading platform, allowing iOS and Android users to trade online and reference stocks to its trading portfolio. In 2020, it kept introducing cutting-edge technology, launching innovative solutions for more than 10 countries and regions, allowing clients worldwide to join the market immediately.

      Novox was founded in 2014 and developed into a leader in the field of Contracts for Difference (CFDs), obtaining licenses from the Cyprus Securities and Exchange Commission (CySEC) and 15 other EU countries, acquiring Novox Capital. 2015 saw the award for the Fastest Growing CFD Broker across Europe, and in 2016 the operations center in Asia grew rapidly, with a team of 200 employees. In 2018, the broker successfully launched the MT5 trading platform, allowing iOS and Android users to trade online and reference stocks to its trading portfolio. In 2020, it kept introducing cutting-edge technology, launching innovative solutions for more than 10 countries and regions, allowing clients worldwide to join the market immediately.

      Safety Analysis of Novox

      Novox is regulated in 15 countries and regions worldwide, including a global tier-one regulator - the UK Financial Conduct Authority (FCA). The firm also offers clients negative balance protection, ensuring that they do not lose more than their account's principal amount.

      Market Instruments

      This broker offers investors six main categories of tradable instruments: Forex, Commodities, Futures, Cryptocurrencies, Indices, and Stocks.

      Leverage & Account

      The company has four account types to meet different clients' investment needs and strategies, mainly MT4 Standard and MT4 Zero accounts, and MT5 Standard and MT5 Zero accounts. The minimum deposit for a Standard account is $500 and for a Zero account is $5,000. All accounts have constant leverage of 1:400.

      Spreads & Commission Fees of Novox

      Spreads are 1.1 pips for MT4 Standard accounts and 0 for MT4 Zero accounts, 1.1 pips for MT5 Standard accounts, and 0 for Zero accounts. Under certain market conditions, the company may require clients to pay swap fees in situations where swap fees would normally be charged. Novox applies swaps daily at midnight EST MT4 server time and three daily swaps on Wednesdays (midnight EST) for the applicable currency pair. Swap fees are calculated in the base currency of the user's account. Swap fees are incurred when a position remains open and is credited or debited from the trader's account when it is closed.

      Trading Platform Applied of Novox

      Novox offers users the Novox MT4 and Novox MT5 trading platforms, both of which offer a wealth of opportunities for traders of all skill levels, advanced analytics, flexible trading systems, algorithmic trading, and expert advisors, as well as mobile trading applications. Over a hundred instruments can be traded on the MT4 platform, including Forex, CFDs, and Futures, with full EA functionality for one-click trading, technical analysis tools with 50 indicators and charting tools, 3 chart types, allowing hedging trading mode. MT5 has all the features of MT4; besides, it has more than 80 technical analysis objects, the latest quotes for market depth.

      Deposit & Withdrawal

      The company provides users with various convenient and efficient channels to deposit and withdraw funds, as shown in the following table.

    Deposit & Withdrawal
    MethodsCurrencies AcceptedDeposit TimeWithdrawal Time
    COINPAYCHN0-30 Min.1 Working day
    U-PAYMENTCHN0-30 Min.1 Working day
    UNIONPAYCHN0-30 Min.1 Working day
    VISA/MASTERCARDUSD/EUR/GBP/AUD0-30 Min.1 Working day
    Skrill/NETELLERUSD/EUR/GBP/AUD1 Working day1 Working day
    BitwalletJPY0-30 Min.1 Working day
    PayTrustVND/THB/MTR/IDR0-30 Min.1-2 Workingday
    NLVVND0-30 Min.1 Working day
    BANKWIREUSD/HKD/EUR/AUD/GBP1-2 Workingday1-2 Workingday


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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  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
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