Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from FXNovus review
About the broker
| Web: | https://www.fxnovus.com/ 74-89% of retail investor accounts lose money when trading CFDs with this provider |
| License: | FSCA |
| Supported languages: | English, German, Spanish, French, Italian and Portuguese |
| Year of foundation: | 2021 |
| Holder: | FXNOVUS (PTY) LTD |
| Headquarters: | Unit 16B7, 159 Rivonia Rd, Sinosteel Plaza, Morningside Ext, Sandton, 2146 |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | support@fxnovus.com +27101571900 |
| Deposit methods: | Credit/Debit Card, Bank transfer, APMs |
| Withdrawal methods: | Credit Card, E-Wallets, Bank transfer |
About trading with FXNovus
| Minimum deposit: | 250 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:400 |
| Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 2.5 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (45), stocks (60), indexes (15+), cryptocurrencies (30+) |
| Base currencies: | USD |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | Web Trader |
| Social trading: | |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at FXNovus, of course you can find current info on their website https://www.fxnovus.com/ 74-89% of retail investor accounts lose money when trading CFDs with this provider.
Spreads at FXNovus on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 2.5 |
* Spread was taken 17.11.2023 at 13:18 from the web or trading platform of FXNovus.
🆓 How to open a free demo account?
Opening a demo account with FXNovus is very simple, just register on their website.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 13.12.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.