Review summary
FinovaFX, operating as FINOVA FX LTD, is a broker based in the United Kingdom that has been active in the market for between 2 and 5 years. It offers a range of account types with notable features, including a Standard account with a $30 minimum deposit and leverage up to 1:500, as well as a LOW SPREADS account requiring $500 and an ECN account with a $5,000 entry condition and 1:200 leverage; all accounts reportedly support scalping and automated trading. The broker operates as a highly suspicious entity with 'No Regulation' and holds no valid authoritative forex trading licenses. This unregulated status, coupled with an exceptionally low overall WikiFX Score of 1.38 and an internally flagged suspicious business scope, constitutes a severe risk warning for potential clients due to the complete lack of credible financial oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-20)
