WikiFX

Sagot

From my experience reviewing Nova Finance and thoroughly examining all available disclosures, I was unable to find any explicit mention of inactivity fees, nor were the specific terms and conditions regarding such charges clearly outlined. This absence of disclosure is itself a significant point for me as a trader. In my years in the forex industry, I’ve found that reputable brokers are typically transparent about all potential fees, including inactivity charges, in order to foster trust and compliance with regulatory expectations. For Nova Finance, there are signs of risk that raise further concerns: the broker holds only suspicious, unverified licenses and has a warning regarding high potential risk on its record. Its low regulatory and risk management scores reinforce the need for extreme caution. While their website details funding and withdrawal fees, the lack of transparent policies on account inactivity creates uncertainty. In my view, the practical risk is that fees or unexpected restrictions could be imposed later without clear notification, especially considering the firm's minimal regulatory oversight. Ultimately, without concrete terms published about inactivity fees, I would not treat the absence of evidence as evidence of absence. My advice is to approach Nova Finance with caution and, if you are still considering opening an account, demand full clarification in writing from their support team before depositing any funds.