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NovasTrade
Operating status: SCAM
Website: https://novastrade.com/
Broker violations and abnormal records
On September 16, 2025, the Financial Conduct Authority (FCA) issued a warning regarding NovasTrade, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/novastrade-novastradecom
On September 16, 2025, the Financial Conduct Authority (FCA) issued a warning regarding NovasTrade, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/novastrade-novastradecomIt claims to be regulated by the Financial Conduct Authority (FCA) on its website. After searching, we found that the FCA issued a warning regarding NovasTrade, suspecting that this company may be offering financial services or products without the necessary authorization. Apart from that, it does not provide any other valid regulatory proof.
NovasTrade is unregulated, offering no legal protections for investors' funds. NovasTrade seems to be a scam.
It claims to be regulated by the Financial Conduct Authority (FCA) on its website. After searching, we found that the FCA issued a warning regarding NovasTrade, suspecting that this company may be offering financial services or products without the necessary authorization. Apart from that, it does not provide any other valid regulatory proof. NovasTrade is unregulated, offering no legal protections for investors' funds. NovasTrade seems to be a scam.On Sept 30, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against NovasTrade for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/neu/meldung_2025_10_06_NovasTrade_en.html
On Sept 30, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against NovasTrade for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/neu/meldung_2025_10_06_NovasTrade_en.html
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