Novatrades is an online trading that claims to offer a variety of services such as brokerage company, financial service, and trading provider. It is registered in Marshall Island. It came into action in 2018.
Is Novatrades A Legit Broker?
Novatrades is regulated or authorized by none of the entities, which is, in fact, mandatory for any investment based companies. It has also been blacklisted by the Financial Conduct Authority (FCA) in the UK. Hence, it is not a secure platform to go for trading with.
Is It Safe To Invest With Novatrades?
A big problem in trading with an unregulated broker like Novatrades is the security of your money as it is not reliable and abuses regulation. Many negative feedbacks are there against it by the traders which prove it to be a big scam. Hence, according to our investigation, it is not the safest platform for trading purposes.
How To Get Back Your Scammed Money Back From Novatrades?
In case you have been scammed by Novatrades, feel free to report against it with any of our associated fund’s recovery companies. They have all the necessary resources and expertise that will help you to get all your money back.