What is FXNovus?
About FXNovus
FXNovus is a trusted and regulated trading platform that opens the door to a world of financial opportunities. From Forex to cryptocurrencies, our wide range of instruments lets you trade confidently.
Experience the power of cutting-edge technology and a user-friendly interface, providing access to over 160 assets and 20+ analysis tools to supercharge your trading strategies. And with their dedicated support team available in English and Arabic 24/7, we're here to guide you every step of the way.
| Headquarters | South Africa |
| Founded | 2021 |
| Regulated by | FSCA (Financial Sector Conduct Authority) of South Africa |
| Minimum Deposit | $250 |
| Trading platforms | WebTrader, mobile app, desktop platform (PC, Mac) |
| Available markets | Indices, metals, stocks, Forex, commodities, cryptocurrencies |
| Demo account | yes |
| Islamic account | Not by default |
| Spreads starting from | 0.9 price difference (VIP account) |
| Maximum leverage | 1:400 |
| Deposit Options | Bank transfer, VISA, Mastercard, Skrill, StickPay |
Platforms and Tools
They offer a state-of-the-art web-based trading platform that's also available as a desktop app for those who prefer a traditional trading environment. Engineered with user-centric design at its core, the platform promises an intuitive navigation experience, perfect for traders at all levels.
Their platform boasts more than 20 analytical tools, ensuring that you have a pulse on market trends and can make data-driven decisions effortlessly. The integrated economic calendar keeps you informed of important financial events, while the multi-chart functionality allows you to monitor various markets simultaneously — a true mark of a versatile trading environment.
Experience the simplicity and speed of one-click trading, a feature that modern traders can't do without. And no matter where you are, our platform speaks your language, with full support in English, Arabic, French, German, Italian, Malay, Portuguese, Spanish, and Thai, catering to a truly global audience.
We only miss MT4 in their trading platform offering.
Range of Markets
Gain access to over 160 markets, including CFDs on Forex, Cryptocurrencies, indices, commodities, stocks, and metals, all conveniently available in a single accoun
Type of Accounts
FXNovus offers 5 different account types, catering to different needs and experience levels of traders using the platform:
All accounts
- CLASSIC (Beginners): Spreads from 2.5. Margin call at 100% and stop-out at 20%.
- SILVER (Advanced Beginners): Spreads from 2.5. Margin call at 100% and stop at 20%.
- GOLD (Intermediate Traders): Spreads from 1.8.
- PLATINUM (Advanced traders): Spreads starting from just 1.4.
- VIP (Expert Traders): Spreads starting from just 0.9, negative balance protection, and free trading education.
They all have a minimum deposit of $250, over 160 assets to trade, no commission, 24/7 support, and a maximum leverage of 1:400.
Demo account:
They provide a non-expiring demo account of $100,000 balance.
How to start trading with FXNovus?
Opening an account at FXNovus is quick and easy. Follow these 3 simple steps:
1) Fill out the registration form with your name, last name, email, phone, and password.
2) Make a deposit.
3) Start trading.
Fees, commissions, and spreads
You can start trading on its platforms with zero commissions, however, they have some non-trading fees such as inactivity, maintenance or withdrawal fees.
FXNovus offers competitive spreads from 0.9 pips (VIP account).
Customer Service
We’ve experienced outstanding customer support provided by FXNovus. With swift and responsive communication, their team ensures that all your inquiries and concerns are addressed promptly, be it through live chat, email, or phone support. Their knowledgeable staff have the expertise to guide you through any trading-related issues, account management, or technical difficulties. They offer multiple support channels to cater to your preferences. They believe in delivering personalized assistance tailored to your specific needs. At FXNovus, transparency and trust are paramount in their customer support interactions - they are committed to resolving any concerns and maintaining open lines of communication.
Research and education
Economic calendar
- The economic calendar provides information on upcoming economic events and their impact on the financial markets.
- Users can access important economic indicators, such as GDP, inflation, employment data, and central bank announcements.
- The calendar includes the date, time, and expected impact of each event.
- ● Users can filter events based on their importance and set up notifications for specific
- The economic calendar helps traders and investors stay informed about key market-moving events.
Trading Central Analyses
- Trading Central provides technical analysis tools, including charts, key levels, and a Technical Score, for integration into the FXNovus platform.
- Users can access Trading Central's Panoramic View for a comprehensive overview of financial instruments.
- Newsletters provide updates on trading opportunities and market events.
- The Alpha Generation feature helps users make confident investment decisions.
- Technical Insight empowers users to find, validate, and time their trades.
- Strategy Builder allows users to define and evaluate investment strategies.
- Trading Central has received industry recognition for its data and analysis tools.
- Supporting content includes product updates, white papers, and market insights.
- Trading Central has been supporting investment decisions since 1999.
Chart analysis
- Users can access charts, key levels, and a Technical Score.
- The platform provides a comprehensive overview of financial instruments through Trading Central's Panoramic View.
- Users can access newsletters, Alpha Generation feature, Technical Insight, and Strategy Builder.
- Trading Central has been supporting investment decisions since 1999.
- Trading Central's data and analysis tools have received industry recognition.
Deposit and Safety Options
You can deposit by multiple payment options including credit/debit cards, wire transfers, Skrill, and SticPay.
The minimum deposit is $250.
They process all withdrawals within 8-10 days.
Regulations
FXNovus is a reputable company operating under the supervision of the respected FSCA (license: 50963, Registration No: 2020 / 183344 / 07) in South Africa. As a regulated entity, they strictly adhere to high standards, including the protection of client funds and ensuring compliance with financial regulations. Visit their website's legal page to learn more about our commitment to fair practices and industry regulations.
Review FXNovus: Conclusion
In summary, FXNovus has proven to be a steadfast and accessible platform for traders of all levels. Its expansive selection of CFD products, which covers everything from foreign exchange to cryptocurrencies and beyond, positions it well within the trading industry. As a platform regulated by South Africa's Financial Sector Conduct Authority (FSCA), FXNovus offers the assurance of a secure trading environment, underscored by practices such as segregated client funds and provisions for negative balance protection. The platform distinguishes itself with the state-of-the-art Web Trader interface, replete with over 30 technical indicators and an array of charting and order options that significantly enrich the trading process. What truly solidifies FXNovus's reputation is its unwavering dedication to customer support, ensuring users have access to a responsive and informed team whenever they need it, day or night, through a variety of communication channels
FAQ:
Does FXNovus offer a free demo account?
- Yes, they offer a free demo account of 100,000 virtual funds without expiration.
Does FXNovus accept clients from the UAE and Saudi Arabia?
- Yes, they do.
Is FXNovus a trusted broker?
-FXNovus is a regulated broker by the Financial Sector Conduct Authority (FSCA) in South Africa. They offer negative balance protection, and all client's funds are kept completely separate from the company funds.
What is the minimum deposit at FXNovus?
- They have a minimum deposit of $250 for all accounts.
FXNovus Details
