SPONSORED POST*
FXNovus is a CFD-based trading platform that allows trading of various financial instruments, including cryptocurrencies, stocks, forex, indices and commodities.
It is a fully regulated platform, as FXNovus is an FSCA-regulated broker.
The Financial Sector Conduct Authority (FSCA) is South Africa’s financial market supervisory authority, and FXNovus through its registration no. 2020 / 183344 / 07 has obtained license no. 50963 from the FSCA to be able to operate in a fully regulated manner.
Hence, it guarantees a safe trading environment, partly due to the separation of client funds from corporate funds, and the protection of negative balance.
The advanced interface
One of the main advantages of using FXNovus is its advanced WebTrader interface, which offers more than 30 technical indicators, various types of charts, and convenient sorting options that greatly enhance the trading experience.
Thanks to this, one can have easy access to various financial markets to take advantage of the price movements of different assets, using Contracts for Difference (CFDs).
Particularly interesting are the chart analysis tools.
Users have access to various charts, key levels, and technical scores, with a complete overview of financial instruments through Trading Central’s overview view.
Trading Central has been supporting investment decisions since 1999, and its data and analysis tools have received several industry awards.
Customer service
Another strength is customer service, thanks to a fast and knowledgeable support team that is available 24/7 across multiple channels.
FXNovus has often been praised precisely for its quick response time and efficient communication with its customers, such as via e-mail, chat or telephone.
FXNovus’ staff is knowledgeable and helpful, and they form a knowledgeable and well-trained customer support team on various issues related to trading, account management, and any technical difficulties.
FXNovus offers various channels for its clients to seek support, offering personalized assistance due to the fact that support technicians take the time to understand each client’s specific needs and concerns so that they can offer tailored solutions.
Regulation
FXNovus is a regulated company operating under the license and supervision of South Africa’s Financial Sector Conduct Authority (FSCA).
FSCA is a respected regulator that ensures compliance with financial regulations and promotes sound industry practices. FXNovus, as a regulated entity, is required to adhere to strict standards, including segregation of client funds and compliance with rules and regulations necessary to protect traders.
FXNovus is a company founded in 2021 right in South Africa.
It supports Arabic, Chinese, French, German, Hindi, Italian, Korean, Malay, Portuguese, and Spanish, and in addition to the WebTrader platform, it also offers desktop and mobile apps.
It allows credit/debit card deposits, wire transfers, and APMs, and withdrawals with credit cards, electronic wallets, and wire transfers in 8-10 business days.
Account types
The platform offers as many as five different account types.
They range from the basic Classic version up to the VIP version, via the three intermediate versions Silver, Gold and Platinum.
All offer maximum leverage up to 400x, but with decreasing spreads from 2.5 down to 0.9.
They also all offer zero commissions and 160 different CFDs for trading.
They also all provide access to 24/7 customer service, but only the VIP type offers protection on negative balance and free training program.
The additional features
In addition to all this, FXNovus also offers training.
For instance, through the economic calendar that provides information on upcoming events and their impact on financial markets.
Important economic indicators such as GDP, inflation, employment data, and central bank announcements are also available.
It also publishes newsletters that provide updates on trading opportunities and market events.
Also worth mentioning are the two features Alpha Generation, which helps users make confident investment decisions, and Technical Insight, which allows users to find, validate, and time their trades.
There is also a Strategy Builder for defining and evaluating investment strategies.
On Top Brokers 360, the platform has a more than positive rating, and on TrustPilot almost all ratings have 5 stars.
*This article was paid for BitcoinLinux did not write the article or test the platform.
