Warning: Is FXNovus a Scam?

Review: FXNovus (fxnovus.com)

We reviewed FXNovus (fxnovus.com) and discovered alarming facts.

We found that the company name is FXNovus (PTY) LTD, it is located at Kremmastis Rodou 62, 1st Floor, Flat/Office 101, Episkopi, 4620, Limassol, Cyprus, the phone number is '+441512655514, and the support email is support@fxnovus.com.

FXNovus appears to be a trading firm, but it appears unlicensed by any credible authority, like the ASIC or CySEC.

Have You Lost Funds to FXNovus?

If you believe you have been defrauded by FXNovus, act immediately. Submit the inquiry below to consult our recovery team for a free consultation.

Is FXNovus Legit?

FXNovus runs without regulation.

Investing with unregulated brokers is highly unsafe. Legitimate firms are always authorized with bodies like the SEC, ASIC, or FCA for your protection.

FXNovus operates without this protection. This means there is no legal recourse if they steal your funds. Most investment fraud involve unlicensed entities, and getting back money from them is difficult without expert help.

For example, in the UK, unlicensed firms are not covered by the compensation schemes. In America, they are not part of regulatory bodies, so your money is at risk.

How FXNovus Might Scam You

Online trading fraud is getting smarter. Criminals use manipulation to take wealth. Below are typical methods seen in brokers like FXNovus (fxnovus.com).

Dating App Scams

The "Romance Scam" is a cruel method where scammers groom victims over weeks. They fake a friendship on social media. Once trust is built, they introduce a special crypto opportunity. It is a lie to get you onto a fake platform like FXNovus.

Rigged Platforms

Fraudsters build websites that look exactly like real trading apps. You see graphs and profits that go up. But it is a game. The broker manipulates the prices to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: They call you from "brokers" you don't know.
• No License: The firm has no legal registration.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers frequently post their own 5-star reviews to appear real.

Conclusion

We advise against FXNovus. It is likely a fraud. Protect your money and find a regulated broker. Avoid fxnovus.com at all costs.