There are a few key features you need to know about Novatechfx before opening an account. You must first understand the difference between a legit broker and an offshore one. If a broker claims to be regulated by the central bank of your country, it is probably a scam. If it is not, you should avoid it like the plague. Even if a broker has a legitimate license, it may still be a scam.
For example, a legitimate broker should be registered with a regulator, but the FCA does not regulate NovaTechFX. The CFTC, BaFin, and ASIC do not regulate the trading activities of a broker that is not registered with the regulators. Despite the CFTC’s warning, NovaTechFX is a legit broker. It should be registered with one of these regulators or the other.
The founders of Novatech FX have a shady history. The company’s website says it is located in Saint Vincent and the Grenadines, but the company actually has offices in the United States. This is always a red flag, but they’ve been around for nearly three years. They’ve gotten a lot of negative press in the past, but this company’s long-term success is unmatched.
In addition to its investment plans, NovaTechFX is also a legit network marketing business. You can earn money by recruiting new members or investing in the company’s investment packages. You’ll earn commissions on the commissions you make from your recruits. The investment plans are sold for the same amount as the products themselves. You’ll be earning money in both ways. The difference lies in the methods of earning. One way involves recruiting new members, which is very similar to the investment plans.
You can open a trading account with NovaTechFX if you have enough money to invest. This platform is available at 8PM EST Monday and Tuesday, 10PM EST on Wednesday. Besides this, you can use the trading platform at any time. If you’re having problems logging in, you can report your problem to the company’s support team. A legitimate company will have no such problems. It’s better to choose a regulated broker over an unregulated one.
As a foreign exchange broker, NovaTechFX offers affordable binary options trading services. It offers a variety of pre-set indicators, educational videos, and tutorials. Its service is also backed up by 24/7 customer support, ensuring that you have all the necessary help when trading. If you want to trade online, you’ll need to make a minimum deposit of $250. Then, once you’ve made your first deposit, you can receive a bonus of 10% on your investment of $5,000 or more.