NOVUSCM Forex Broker Review (2020)


NovusCM was an unlicensed CFD Forex Broker, which opened in August 2017. They’re now out of enterprise.

Discover frequent traders complaints about Forex Brokers, learn this.

NovusCM Broker Evaluate

When reviewing the brand new Forex Broker Novus CM, we see that they’re utilizing the CFD buying and selling platform made by TraderSoft. Underlying belongings accessible for buying and selling have been lots of of Shares, and Commodities, and Market Indexes. Though they present Crypto Foreign money buying and selling on their residence web page, we discovered no belongings listed.

One other factor that we discovered odd, was they don’t supply buying and selling on Foreign exchange pairs. They don’t have cell apps or MetaTrader5 like most Forex Brokers supply.

Minimal deposit for a brand new buying and selling account begins at $1,000, which may be very excessive in comparison with different Forex Brokers. You will note that Bonus Cash is obtainable will all new accounts. If you don’t perceive the buying and selling necessities connected to bonus cash you’ll find yourself having issues withdrawing your cash.

NovusCM Trading Platform

NovusCM License & Regulation

Rip-off Broker Investigator opinions and compares new CFD Forex Brokers to find out if they’re a official firm, or a scam Forex Broker. The very first thing we search for in a Forex Broker is to see a legitimate licensed from a authorities monetary regulator, like ASIC in Australia or FCA in the UK. Buying and selling with a licensed Forex Broker ensures you’ll not have points withdrawing your funding, learn extra.

NovusCM shouldn’t be a licensed Forex Broker. Novus Capital Administration is definitely owned by: Velmon Enterprise Ltd, which is situated at: Belief Firm Complicated, Ajeltake Street, Ajeltake Islands, Majuro, Marshall Islands MH96960. Their cellphone quantity from Singapore is: +65 3159 2103 and from United Kingdom: +44 203 8794733. E-mail tackle for withdrawals is: [email protected] Official web site:

Best Online Brokers

Examine CFD Buying and selling Corporations

When selecting a brand new Foreign exchange Forex Broker, it is rather vital to confirm that they’re licensed for traders out of your nation of residence. Traders and merchants have lots of of Forex Brokers on-line to select from, however most individuals find yourself utilizing one among these well-liked Forex Brokers, listed right here.

ForTrade is the quickest rising CFD Forex Broker in 2019. They’re a legit Forex Broker that’s licensed in Australia and England, see right here.

Register a Free Demo Account, on their superior buying and selling platform, signup right here.


What was your expertise like investing with Novus CM? Please go away your review within the feedback beneath.