Global Broker Regulation Inquiry App
WikiFX
tabawan_dreamer 
1-2 years
Is NOVOX a legit broker?
Broker Issues
Regulation
07-08
United States
WikiFX
Reply
While NOVOX was once regulated by ASIC, the revocation of their license raises serious concerns about its legitimacy. For me, as a trader, a revoked license implies that the broker may not meet the necessary regulatory standards, which compromises both safety and reliability. I wouldn’t consider NOVOX fully legitimate without active regulation.
Similar Questions
Is Capital Index regulated?
ritzyshona
06-30
Have you experienced any drawbacks with MBKET's customer support or noticed issues with the stability of their platform?
TradeTimeAllWasted
09-04
What are the pros of Asia Future Trading?
LoukiaCharilaou
06-18
Is ALPFOREX legal?
TradeTimeAllWasted
06-22
Is TMG regulated?
Abu00saeed
05-14