FXNovus review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared FXNovus with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders. FXNovus legally operates in South Africa thanks to FSCA licenses.


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
Readers' rating10 Votes
51
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: Yes
MetaTrader 4:No
Other trading platforms:Web Trader
Social trading:No

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/USDGBP/USDUSD/JPYEUR/GBPUSD/CHFEUR/JPY
2.5

* Spread was taken 17.11.2023 at 13:18 from the web or trading platform of FXNovus.

The broker has not yet been rated by the visitors of the website. Write a review.

🆓 How to open a free demo account?

Opening a demo account with FXNovus is very simple, just register on their website.

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74% of retail investor accounts lose money when trading CFDs with this provider
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100 USD 0.8 pips
Spread was taken 29.11.2024 at 11:12 from the web or trading platform of Plus500.
In-house built CFD platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 29.11.2024 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.

FXNovus review & user ratings

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