Novox -Overview Guide of This Broker

Novox | 2025-05-23 17:36

Ikhtisar：NOVOX is a regulated broker, offering a wide range of financial instrument categories, including forex, commodities, indices, cryptocurrencies, and stocks with leverage up to 1:30 and spread from 2.4 pips on MT4. The minimum deposit requirement is $200.

Note: NOVOX' official website: https://www.novoxfx.eu/ is currently inaccessible normally.

NOVOX Review Summary
Founded	2014
Registered Country/Region	Cyprus
Regulation	ASIC (Revoked)
Market Instruments	forex, commodities, indices, cryptocurrencies, stocks
Demo Account	✅
Leverage	Up to 1:30
Spread	From 2.4 pips (Standard Account)
Trading Platform	MT4
Minimum Deposit	$200
Customer Support	Facebook: https://www.facebook.com/NOVOX-Group-352837095367991
	Instagram: https://www.instagram.com/novoxglobal/
	Tel: +357 25 267 880
	Email: info@novoxfx.com
Regional Restrictions	the USA, Yemen, Syria, North Korea, Puerto Rico.

NOVOX Information

NOVOX is a regulated broker, offering a wide range of financial instrument categories, including forex, commodities, indices, cryptocurrencies, and stocks with leverage up to 1:30 and spread from 2.4 pips on MT4. The minimum deposit requirement is $200.

Pros and Cons

Pros	Cons
Popular payment options	Regional restrictions
With demo account	Revoked license
Various contact channels	No MT5
Various trading products	Inaccessible website
MT4 platform	High minimum deposit requirement

Is NOVOX Legit?

NOVOX's license is revoked, and it is not regulated by any authorities. Please be aware of the risks!

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
Australia	Australia Securities & Investment Commission	Revoked	NOVOX GROUP PTY LTD	Appointed Representative	001274982

What Can I Trade on NOVOX?

Novox offers investor trading instruments including forex, commodities, indices, cryptocurrencies, and stocks.

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
ETFs	❌
Bonds	❌
Options	❌

Account Type

Here are three account options offered by Novox: Standard account, Xero account, andPremium account. Besides, a demo account is also available, which enables traders to monitor exicution before opening a live account.

Account Type	Minimum Deposit
Standard	$200
Xero	$25000
Premium	$50000

Leverage

The leverage offered to the customers is the same for all account types on FX, up to 1:30 and on CFDs up to 1:20. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

NOVOX Fees

Trading Fees

The standard account with wide spreads requires no commissions, and the Xero and the premium accounts require a commission of $5.5 and $4 respectively.

NOVOX Spreads

The minimum spread starts from 2.4 pips, 0.0 pips and 0.0 pips in standard, Xero and Premium accounts respectively.