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    Novox

    2-5 years
    |
    Regulated in Cyprus
    |
    Market Making(MM)
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    6.67

    Business Index

    6.30

    Risk Management Index

    9.47

    Software Index

    7.62

    Regulatory Index

    6.64

    Licenses

    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSEC Regulated

    Overview

    • Company Name:

      Novox Capital Limited
    • Company Abbreviation:

      Novox
    • Place of registration:

      NovoxCyprus
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      info@novoxfx.com
    • Customer Service Phone Number:

      +357 22 272 520
    • Company summary

      Novoxwasfoundedin2014anddevelopedintoaleaderinthefieldofContractsforDifference(CFDs),obtaininglicensesfromtheCyprusSecuritiesandExchangeCommission(CySEC)and15otherEUcountries,acquiringNovoxCapital.2015sawtheawardfortheFastestGrowingCFDBrokeracrossEurope,andin2016theoperationscenterinAsiagrewrapidly,withateamof200employees.In2018,thebrokersuccessfullylaunchedtheMT5tradingplatform,allowingiOSandAndroiduserstotradeonlineandreferencestockstoitstradingportfolio.In2020,itkeptintroducingcutting-edgetechnology,launchinginnovativesolutionsformorethan10countriesandregions,allowingclientsworldwidetojointhemarketimmediately.SafetyAnalysisofNovoxNovoxisregulatedin15countriesandregionsworldwide,includingaglobaltier-oneregulator-theUKFinancialConductAuthority(FCA).Thefirmalsooffersclientsnegativebalanceprotection,ensuringthattheydonotlosemorethantheiraccount'sprincipalamount.MarketInstrumentsThisbrokeroffersinvestorssixmaincategoriesoftradableinstruments:Forex,Commodities,Futures,Cryptocurrencies,Indices,andStocks.Leverage&AccountThecompanyhasfouraccounttypestomeetdifferentclients'investmentneedsandstrategies,mainlyMT4StandardandMT4Zeroaccounts,andMT5StandardandMT5Zeroaccounts.TheminimumdepositforaStandardaccountis$500andforaZeroaccountis$5,000.Allaccountshaveconstantleverageof1:400.Spreads&CommissionFeesofNovoxSpreadsare1.1pipsforMT4Standardaccountsand0forMT4Zeroaccounts,1.1pipsforMT5Standardaccounts,and0forZeroaccounts.Undercertainmarketconditions,thecompanymayrequireclientstopayswapfeesinsituationswhereswapfeeswouldnormallybecharged.NovoxappliesswapsdailyatmidnightESTMT4servertimeandthreedailyswapsonWednesdays(midnightEST)fortheapplicablecurrencypair.Swapfeesarecalculatedinthebasecurrencyoftheuser'saccount.Swapfeesareincurredwhenapositionremainsopenandiscreditedordebitedfromthetrader'saccountwhenitisclosed.TradingPlatformAppliedofNovoxNovoxoffersuserstheNovoxMT4andNovoxMT5tradingplatforms,bothofwhichofferawealthofopportunitiesfortradersofallskilllevels,advancedanalytics,flexibletradingsystems,algorithmictrading,andexpertadvisors,aswellasmobiletradingapplications.OverahundredinstrumentscanbetradedontheMT4platform,includingForex,CFDs,andFutures,withfullEAfunctionalityforone-clicktrading,technicalanalysistoolswith50indicatorsandchartingtools,3charttypes,allowinghedgingtradingmode.MT5hasallthefeaturesofMT4;besides,ithasmorethan80technicalanalysisobjects,thelatestquotesformarketdepth.Deposit&WithdrawalThecompanyprovidesuserswithvariousconvenientandefficientchannelstodepositandwithdrawfunds,asshowninthefollowingtable.Deposit&WithdrawalMethodsCurrenciesAcceptedDepositTimeWithdrawalTimeCOINPAYCHN0-30Min.1WorkingdayU-PAYMENTCHN0-30Min.1WorkingdayUNIONPAYCHN0-30Min.1WorkingdayVISA/MASTERCARDUSD/EUR/GBP/AUD0-30Min.1WorkingdaySkrill/NETELLERUSD/EUR/GBP/AUD1Workingday1WorkingdayBitwalletJPY0-30Min.1WorkingdayPayTrustVND/THB/MTR/IDR0-30Min.1-2WorkingdayNLVVND0-30Min.1WorkingdayBANKWIREUSD/HKD/EUR/AUD/GBP1-2Workingday1-2Workingday About More
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    Last Updated Time 2021-08

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    Last Updated Time 2021-08

    Brokers

    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Novox Capital Ltd

      Effective Date :

      2014-02-04
    • Email Address of Licensed Institution :

      info@novoxfx.eu

      License Type:

      Regulatory Sharing NOVOX
    • Website of Licensed Institution :

      www.novoxfx.eu

      Expiry Date :

      --
    • Address of Licensed Institution :

      Griva Digeni 105, Office 202, Limassol 3101

      Phone Number of Licensed Institution :

      +357 25 267 880
    • Licensed Institution Certified Documents :

      NOVOX监管牌照.png View Certified Documents Novox Capital cysec20200428更新 View Certified Documents Novox Capital Ltd CySEC监管信息截图20200525 View Certified Documents Novox CySEC监管 2020.10.13 View Certified Documents

    Novox · MT4/5

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      Novox · Website

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          Novox· Genealogy

          Novox · Clones

          Novox · Market Analysis

          The data are from WIKI Research    2021.08.01 updated

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Novox
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          0086
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          Novox · Company summary

            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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          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.