NovaTech Review : Fees, Pros and Cons, Reviews by Real Traders

NovaTech

Operating status: SCAM

Website: https://novatechfx.uk.com/home/https://novatechfx.com/

Broker violations and abnormal records

Oct 10, 2022 The British Columbia BCSC Added NovaTech into Its Warnings
On 11 Oct 2022, the British Columbia Securities Commission (BCSC) issued a warning that NovaTech was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/novatech-ltd

On 11 Oct 2022, the British Columbia Securities Commission (BCSC) issued a warning that NovaTech was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/novatech-ltd
Oct 11, 2022 BrokersView has Reviewed that NovaTech is an Unregulated Forex Broker
NovaTech claims to be registered in Saint Vincent and the Grenadines with registration number 25614 BC 2019. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a company named Nova Tech Ltd. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.
Moreoover, the British Columbia Securities Commission (BCSC) issued a warning that NovaTech was not registered to trade in, or advise on, securities or derivatives in BC.
The truth is that NovaTech 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, NovaTech is a scam.

NovaTech claims to be registered in Saint Vincent and the Grenadines with registration number 25614 BC 2019. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a company named Nova Tech Ltd. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreoover, the British Columbia Securities Commission (BCSC) issued a warning that NovaTech was not registered to trade in, or advise on, securities or derivatives in BC. The truth is that NovaTech 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, NovaTech is a scam.
Dec 12, 2022 The Ontario OSC Added NovaTech into Its Warnings
On 13 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that NovaTech was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/novatech-ltd

On 13 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that NovaTech was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/novatech-ltd
Jul 12, 2023 BrokersView has revealed that Novatech is using a new domain
As the old domain novatechfx.com turned nonfunctional, Novatech has introduced a new domain novatechfx.uk.com to solicit investors. Please beware of the risks involved and avoid this scam broker.

As the old domain novatechfx.com turned nonfunctional, Novatech has introduced a new domain novatechfx.uk.com to solicit investors. Please beware of the risks involved and avoid this scam broker.

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