FXNovus Review
CONTENT
FXNovus is a highly regulated and technologically advanced brokerage service that focuses on CFDs in forex, commodities, indices, and cryptocurrencies, and has a trust score of 80 out of 99.
 | Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
| Broker | FXNovus |
| Regulation | FSCA |
| Base Currencies | EUR USD GBP |
| Spreads | Classic: From 2.5 pips, Silver: From 2.5 pips, Gold: From 1.8 pips, Platinum: From 1.4 pips, VIP: From 0.9 pips |
| Leverage | Up to 1:400 for forex, 1:200 for commodities, 1:5 for cryptocurrencies |
| Currency Pairs | Major Minor Exotic |
| Minimum Deposit | 250 USD |
| Inactivity Fee | 100 USD after 1 month up to $500 after 3 months |
| Fees Commissions | Spreads are charged, but zero commission fees |
| Open an Account |  |
Overview
FXNovus, operated by FXNOVUS (PTY) LTD, is regulated by the 🇿🇦 FSCA under License No. 50963. The broker positions itself as a client-first platform offering 160+ CFD assets, advanced trading tools, zero commissions, and 24/7 support to help traders achieve their goals confidently.
Frequently Asked Questions
Is FXNovus a regulated broker?
Yes, FXNovus is regulated by the 🇿🇦 Financial Sector Conduct Authority (FSCA) under License No. 50963. This regulatory oversight provides traders with additional confidence in the platform’s commitment to transparency, client protection, and adherence to industry standards while delivering trading services worldwide.
What trading instruments does FXNovus offer?
FXNovus provides access to over 160 CFD assets, including Forex currency pairs, cryptocurrencies, indices, precious metals, stocks, and commodities. Traders benefit from quick execution, multiple analytical tools, and zero commissions, enabling them to adapt strategies effectively in volatile market conditions.
Our Insights
FXNovus combines regulatory backing from the 🇿🇦 FSCA with competitive features like 160+ CFD assets, cutting-edge technology, zero commissions, and strong customer support. While some traders may prefer brokers with global licenses, FXNovus remains a compelling choice for those seeking transparency and innovation in online trading.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Fees, Spreads, and Commissions
FXNovus offers transparent trading with zero commissions across all account types. Traders benefit from competitive spreads starting as low as 0.9 pips, depending on the account tier. This cost structure helps traders manage expenses while still accessing over 160 CFD assets and 24/7 support.
| Account Type | Spreads From | Commission | Support |
| Classic | 2.5 pips | Zero | 24/7 |
| Gold | 1.8 pips | Zero | 24/7 |
| Platinum | 1.4 pips | Zero | 24/7 |
| VIP | 0.9 pips | Zero | 24/7 |
Frequently Asked Questions
Does FXNovus charge commissions on trades?
No, FXNovus does not charge commissions on trades across its account types. Instead, the broker earns from spreads, which vary by account level. This approach makes costs easier to understand while giving traders predictable expenses when planning their strategies.
What are the minimum spreads available with FXNovus?
Spreads begin at 2.5 pips on Classic and Silver accounts, 1.8 pips on Gold accounts, 1.4 pips on Platinum accounts, and 0.9 pips on VIP accounts. This tiered structure rewards advanced traders with tighter spreads, while beginners can still access markets with affordable entry.
Our Insights
FXNovus provides a cost-effective structure by eliminating commissions and focusing on spreads. With lower spreads on higher-tier accounts, traders can scale their trading journey while keeping costs predictable and transparent. This approach allows clients to trade with confidence and avoid hidden fees.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Minimum Deposit and Account Types
FXNovus offers flexible account types designed for beginners through expert traders. With a minimum deposit of 250 USD across most accounts, traders can start with accessible entry requirements while upgrading to accounts that provide tighter spreads, education, and added protections as they grow.
| Account Type | Open an Account | Minimum Deposit | Spreads From | Key Features |
| Classic | | 250 USD | 2.5 pips | Beginner-friendly |
| Silver | | 250 USD | 2.5 pips | Advanced beginner features |
| Gold | | 250 USD | 1.8 pips | Lower spreads for growth |
| Platinum | | 250 USD | 1.4 pips | Advanced trader perks |
| VIP | | Varies | 0.9 pips | Education, protection |
Frequently Asked Questions
What is the minimum deposit required at FXNovus?
The minimum deposit at FXNovus is 250 USD for Classic, Silver, Gold, and Platinum accounts. This amount makes the broker accessible to a wide range of traders. VIP accounts may require higher deposits, offering extra benefits like negative balance protection and free education.
What types of accounts are available at FXNovus?
FXNovus provides five account types: Classic, Silver, Gold, Platinum, and VIP. Each offers leverage up to 1:400, zero commissions, and 24/7 support. Higher-tier accounts deliver lower spreads and extra features, such as education resources and negative balance protection for experienced traders.
Our Insights
FXNovus balances accessibility and growth by keeping the minimum deposit consistent while offering advanced account types with premium features. This approach allows new traders to start affordably while experienced traders can enjoy tighter spreads and additional protections as they upgrade.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
How to Open an FXNovus Account
Opening an FXNovus account is mostly online. You register, complete verification, pick your account type, and then fund your account to begin live trading. A demo option is also available, so you can practice first.
1. Step 1: Go to the FXNovus site and start registration
Visit the official FXNovus website and click “Open Account” or “Sign Up” to begin the process.
2. Step 2: Fill out personal and contact details
Provide your full name, email address, phone number, country of residence, and choose a secure password.
3. Step 3: Complete the trading experience questionnaire
Answer questions about your financial background, trading experience, and risk understanding.
4. Step 4: Submit KYC documents
Upload a government-issued ID (passport, national ID, or driver’s license) plus proof of residence, such as a utility bill or bank statement.
5. Step 5: Wait for verification and activate
FXNovus reviews and approves your documents. Once verified, you activate the account and can use demo or live funds.
Make the required minimum deposit using one of the supported payment methods. Then start trading.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
FXNovus Trading Platforms
FXNovus offers a versatile trading platform for web, mobile, and desktop users. Traders can monitor market fluctuations, execute orders instantly, and access over 160 CFDs. With intuitive analytics, customizable interfaces, and round-the-clock market access, FXNovus empowers users to turn market volatility into trading opportunities.
| Feature | Description | Device | Availability |
| WebTrader Interface | Customizable and user-friendly | Web | 24/5 (24/7 select assets) |
| Mobile Trading App | Access trades and historical data | iOS and Android | 24/5 |
| Desktop Platform | Advanced trading tools and capabilities | PC and Mac | 24/5 |
| Analytical Tools | Visual charts, Fibonacci, indicators | All platforms | Continuous |
Frequently Asked Questions
Can I trade on multiple devices with FXNovus?
Yes, FXNovus provides WebTrader, a mobile app, and a desktop platform. Traders can seamlessly switch between devices while maintaining account settings, accessing historical data, and executing trades. This flexibility ensures uninterrupted market engagement regardless of location.
What tools does FXNovus WebTrader offer for analysis?
The WebTrader platform includes visual charts, Fibonacci tools, arrows, and support and resistance indicators. Users can customize layouts, set price alerts, and use instant order features, which help make informed trading decisions in fast-moving markets.
Our Insights
FXNovus delivers a professional, user-friendly trading environment across devices. With precise analytics, instant execution, and 24/5 market access, the platform suits both beginners and experienced traders. Overall, FXNovus enables a flexible and responsive trading experience.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
FXNovus Affiliate Program
The FXNovus Affiliate Program empowers partners to grow revenue by referring new clients to a regulated broker. With competitive CPA rates, customizable commission plans, and ready-to-use marketing resources, affiliates can scale their business while leveraging professional support and advanced trading platforms for long-term success.
| Program Type | Reward Style | Key Benefit | Support Available |
| Conversion Program | Acquisition-based CPA | High client conversion rates | 24/7 |
| Rebate Program | Volume-based payouts | Flexible scaling | 24/7 |
| Valued Partners Program | Custom-tailored conditions | Exclusive partner benefits | 24/7 |
Frequently Asked Questions
What commission models does the FXNovus Affiliate Program offer?
FXNovus provides affiliates with flexible commission models, including a conversion plan with acquisition-focused rewards, a rebate program with volume-based payouts, and tailored conditions through the Valued Partners program. This flexibility allows partners to align their earnings with client activity and personal business strategies.
What resources does FXNovus offer its affiliates?
Affiliates gain access to dynamic marketing materials, optimized for cross-platform use, alongside dedicated 24/7 support and educational resources. These tools make it easy to attract clients, promote effectively, and maintain consistent growth without having to create custom campaigns from scratch.
Our Insights
The FXNovus Affiliate Program offers an attractive opportunity for partners to generate consistent revenue through structured commissions and ready-made resources. With flexibility, reliable broker backing, and a support-driven approach, it is a solid option for affiliates seeking to expand their business in the trading industry.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Customer Support
FXNovus provides a customer support system designed to match the flexibility of its trading platform. Traders, whether beginners or advanced, benefit from live chat, email, and phone support. The dedicated team ensures fast responses and clear guidance, building confidence throughout the trading journey.
Frequently Asked Questions
How can I contact FXNovus customer support?
FXNovus support is available through multiple channels, including live chat, email, and phone. Traders can reach out directly for quick assistance, whether it involves platform guidance, account queries, or technical issues. The team operates around the clock to provide consistent and reliable service.
Does FXNovus offer support for new traders?
Yes, FXNovus has tailored its support to help both new and experienced traders. Beginners can expect step-by-step assistance with setting up accounts and learning platform basics, while experienced traders receive help with more advanced trading conditions and technical requests.
Our Insights
FXNovus customer support is structured to deliver clarity, speed, and reassurance. By offering multiple contact methods and maintaining dedicated service for both beginners and seasoned traders, the broker ensures a user-friendly and supportive trading environment.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Customer Reviews and Trust Scores
A look at how customers and review sites rate FXNovus in terms of satisfaction, trust, and transparency.
| Metric | What reviews say | Key numbers Comments |
| Trustpilot Score | Generally ~ 3.2-3.5 / 5 | Based on hundreds of reviews; mixed feedback |
| Positive feedback themes | Ease of use; fast order execution; competitive spreads; good support (for some users) | Many users like the platform and execution speed |
| Negative feedback themes | Withdrawal issues; pressure from marketing/account managers; delays in verification; false or misleading promises (for some) | Some reviews say support is hard to reach or that withdrawals are blocked or delayed |
| Regulation and legitimacy in reviews | Mixed: many emphasize regulation by South Africa’s FSCA; others question missing oversight in other jurisdictions | FXNovus claims FSCA regulation; some reviewers and watchdogs say there is no licence from some major regulators |
In summary, the trust and customer review landscape for FXNovus is mixed – many clients report good experiences, but there are enough complaints about withdrawals, marketing practices, and support to raise caution; it seems legitimacy by FSCA helps, though concerns remain among some users.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Discussions and Forums about FXNovus
What real traders are saying in forums, Reddit, etc., including complaints, warnings, or interesting stories.
| Type of discussion | What people are reporting | Examples/Notable quotes |
| Pushy sales/ account manager behaviour | Users say account managers encourage large trades, or push for more investment, sometimes making uncomfortable suggestions | Descriptions include being pressured repeatedly to open a large position and complaints about a “begging nature” or being “forced to deposit more” |
| Withdrawal/ trust issues | Some say small withdrawals are possible but larger ones have problems; requests delayed or denied; verification problems | Reports describe withdrawals getting “stalled” or verification being repeatedly requested without progress |
| Risk warnings/ scepticism | Traders warn others that things that sound too good might be misleading; some warn of possible scam tactics | Cautions like “if your gut tells you something’s off …” or “too good to be true” appear often |
Forums reveal a pattern of distrust, especially around marketing, high-pressure sales, and difficulties with big withdrawals; many voices caution users to be fully aware of risks.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Employee Overview – What It’s Like Working for FXNovus
This looks at what information I could find about internal/work culture, employee satisfaction, and issues.
| Category | What can be found/ known | Gaps or uncertain points |
| Ratings from employment- websites | Very little specific data for “FXNovus (PTY) Ltd.” No credible or recent employee reviews clearly tied to FXNovus on major sites | No strong direct evidence or many reviews; ambiguous or indirect mentions |
| Policies/reported practices | Public claims by FXNovus include multilingual customer support, 24/7 service, responsiveness in support. Some user feedback praises support in beginner stages | Internally (as employees) specifics like pay, work-life balance, management culture are not well documented |
| Complaints related to job role vs marketing / sales | Some complaints in user forums suggest pressure on sales staff or account managers to secure deposits | It’s unclear whether these are direct employees or contracted agents |
Overall, while FXNovus publicly promotes supportive customer service and claims internal operations are solid, there is very limited verified information about working there as an employee; so many impressions come indirectly or from user accounts rather than strong internal reviews.
| Minimum Deposit: $250 Regulated by: FSCA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by FSCA (South Africa) | Complaints about withdrawal delays / denials |
| Competitive spreads and “fast execution” reported | High pressure from account managers / marketing tactics |
| User interface / platform is generally praised by users | Some claims of false promises or misleading ads |
| Support (for many users) is responsive and helpful | Verification process can be slow or onerous for some |
| Transparent pricing and fee structures in many reviews | Concerns over oversight in jurisdictions beyond South Africa |
Resources:
In Conclusion
FXNovus provides customer support and maintains a physical presence through its local offices. The broker is registered in South Africa and also has an associated office in Cyprus, ensuring accessibility for clients in these regions.
- 🇿🇦 South Africa
- 🇨🇾 Cyprus
In summary, FXNovus currently operates with established offices in South Africa and Cyprus, offering localized support to its clients.
Faq
No, FXNovus only supports a native web, desktop, and mobile platform focussed on both manual and algorithmic trading, real-time data, and robust charting capabilities.
FXNovus supports 160+ CFDs on forex, shares, crypto, commodities (metals, energies), etc.
Yes, FXNovus lets you use EAs but does not monitor their performance.
Yes, FXNovus has negative balance protection for all accounts. Because of this, you can’t lose more than your account balance.
- Overview
- Fees, Spreads, and Commissions
- Minimum Deposit and Account Types
- How to Open an FXNovus Account
- FXNovus Trading Platforms
- FXNovus Affiliate Program
- Customer Support
- Customer Reviews and Trust Scores
- Discussions and Forums about FXNovus
- Employee Overview - What It’s Like Working for FXNovus
- Pros and Cons
- In Conclusion
