Overview
Novatos Trading Club, headquartered in Madrid, Spain, operates without regulatory oversight. Despite this, it offers a range of services tailored to traders' needs, including comprehensive training programs, diverse broker options, accessible customer support channels, and an innovative TradingReal™ methodology. Traders can access Metatrader 4 and 5 platforms for selected brokers and choose from various account types suited to different profiles. Customer support is available via phone, WhatsApp, and email, providing assistance during specified hours and round-the-clock accessibility. Overall, Novatos Trading Club aims to provide traders with valuable resources and support while emphasizing the importance of careful risk management in an unregulated environment.
Regulation
Novatos Trading Club operates without regulatory oversight, potentially exposing investors to higher risks due to lack of accountability and protection. Without regulation, there's limited recourse for investors in case of malpractice or financial misconduct within the organization. Engaging with unregulated entities like Novatos Trading Club requires careful consideration and due diligence to mitigate potential vulnerabilities.
Pros and Cons
Novatos Trading Club offers a range of benefits such as comprehensive training programs, diverse broker options, and accessible customer support. However, operating without regulatory oversight poses inherent risks for investors.
Novatos Trading Club provides valuable resources and support for traders, but the absence of regulatory oversight necessitates caution and thorough risk management.
Minimum Deposit
Novatos Trading Club asserts that a minimum of 2000 euros is required to initiate an account and begin applying your acquired knowledge practically. With an initial investment of 10,000 euros, the club suggests that you can broaden your trading activities concurrently, enhancing your capital management capabilities significantly.
Course Pricing
The cost of the course varies depending on the package you select, with prices typically ranging around 4000 euros.
Trading Plans
Novatos Trading Club provides a comprehensive training program structured into four phases, with the initial two focusing on establishing the foundational principles of the system devised by Uxío. These phases incorporate over 70 instructional videos aimed at teaching participants to recognize various market entry patterns, adeptly manage positions, and effectively calculate profit-taking strategies.
Brokers Options
Novatos Trading Club offers a curated selection of broker options tailored to different trader profiles:
Ideal for Options:
Provides multilingual support, including Spanish.
Offers barrier or knockout options.
Supports both Metatrader 4 and 5 platforms.
Features fixed and tight spreads.
Regulated by the Central Bank of Ireland and licensed in multiple countries.
Ideal for Beginners:
Grants access to a diverse range of over 5,000 investment products.
Provides ongoing training for novice traders.
Based in Madrid, providing localized support.
No commissions on cash stocks and ETFs (up to €100,000).
Regulated by the Spanish regulatory body CNMV.
Professional:
Boasts robust Spanish-language support.
Delivers high precision data with minimal latency.
Offers a sophisticated trading platform.
Geared towards seasoned traders, particularly adept for day trading and advanced technical analysis.
Invest for the Long Term:
Facilitates portfolio diversification with over 1,700 ETF options.
Offers customer service in Spanish, backed by European regulation (BaFin).
Provides cost-effective commission structures, including the possibility of a flat rate.
Allows investment in stocks, ETFs, and cryptocurrencies.
Access to a wide array of investment funds without additional fees.
TradingReal ™
The TradingReal™ methodology advocates dedicating an hour or two weekly, such as on a Tuesday afternoon, to conduct in-depth market analysis, identify potential trading opportunities, and initiate positions. Subsequently, traders spend five to ten minutes each day monitoring their positions and adjusting strategies as needed. This approach encompasses comprehensive market analysis, ongoing tracking, and careful selection of opportunities, along with rigorous capital management calculations. Additionally, it integrates psychotrading techniques for emotional discipline and risk control measures to mitigate potential losses. Moreover, TradingReal™ emphasizes continuous improvement mechanisms to refine trading strategies over time.
Payment Options
Clients of Novatos Trading Club have the convenience of choosing from multiple payment options for their purchases. They can securely complete transactions using either their debit or credit card, providing flexibility and ease of use. Additionally, clients have the option to use PayPal, a trusted and widely accepted online payment platform, offering further convenience and security for their transactions.
Customer Support
Novatos Trading Club offers accessible and responsive customer support through various channels:
Phone Support: Clients can directly call the toll-free number 900 52 52 27 during business hours, from 9:00 a.m. to 2:00 p.m. (Madrid time), for immediate assistance.
WhatsApp: For added convenience, clients can send messages via WhatsApp to +34 604 06 16 25 at any time, any day, ensuring round-the-clock support availability.
Email: Clients also have the option to reach out to customer support by emailing their inquiries to hola@novatostradingclub.com, providing a written communication channel for detailed queries or concerns.
This multi-channel approach ensures that clients can access support according to their preferences and needs, facilitating efficient resolution of issues and inquiries.
Conclusion
In conclusion, Novatos Trading Club offers a comprehensive suite of resources and services aimed at assisting traders of all levels in navigating the complexities of the financial markets. From structured training programs and diverse broker options to the innovative TradingReal™ methodology and convenient payment methods, Novatos Trading Club strives to empower traders with the tools and support needed for success. However, it's important to note that operating without regulatory oversight poses inherent risks, emphasizing the need for thorough due diligence and risk management. With accessible customer support channels and a commitment to continuous improvement, Novatos Trading Club aims to facilitate informed and confident trading decisions for its clients.
FAQs
Q1: Is Novatos Trading Club regulated？
A1: No, Novatos Trading Club operates without regulatory oversight.
Q2: What is the minimum deposit required to start trading with Novatos Trading Club？
A2: Novatos Trading Club recommends a minimum deposit of 2000 euros to initiate trading.
Q3: What payment options are available for purchasing courses at Novatos Trading Club？
A3: Clients can pay with debit/credit cards or PayPal for course purchases.
Q4: How can I contact customer support at Novatos Trading Club？
A4: You can reach customer support via phone, WhatsApp, or email.
Q5: Does Novatos Trading Club offer training for beginners？
A5: Yes, Novatos Trading Club provides structured training programs suitable for novice traders.
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
2023-03-23 18:01
2023-02-23 11:37
