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FX NOVEL

Operating status: SCAM

Website: https://novel-fx.com/home/index#home

Broker violations and abnormal records
  • Jun 29, 2022 Brokersview has Reviewed that FX Novel is an Unregulated Forex Broker

    FX Novel claims to be a licensed broker under regulation of the Seychelles Financial Services Agency (Seychelles FSA). We searched Seychelles FSA but found no matching result. The regulation info this broker claims is a false statement for unsuspecting traders. 

    The truth is that FX Novel is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    FX Novel claims to be a licensed broker under regulation of the Seychelles Financial Services Agency (Seychelles FSA). We searched Seychelles FSA but found no matching result. The regulation info this broker claims is a false statement for unsuspecting traders. The truth is that FX Novel is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
  • Nov 20, 2022 BrokersView has found that FX Novel is not working

    BrokersView found the domain "https://novel-fx.com/home/index#home" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://novel-fx.com/home/index#home" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.