Novin Investment Bank Brokerage

Based on a comprehensive WikiFX assessment, Novin Investment Bank Brokerage is considered a high-risk entity. The firm holds a low WikiFX Score of 1.56, primarily driven by a critical lack of regulatory oversight. It does not possess any valid licenses from internationally recognized financial authorities. Client funds are not protected by standard regulatory compensation schemes, which poses a significant risk.

No. A review of its regulatory status confirms that Novin Investment Bank Brokerage is an unregulated entity. It does not hold any valid Forex trading licenses from major international regulators such as the FCA, ASIC, or CySEC. The firm is registered in Iran, which falls outside the mainstream regulatory frameworks that provide investor protection.

Specific minimum deposit requirements for Novin Investment Bank Brokerage are not publicly disclosed on its official channels. The broker does not appear to provide transparent account or pricing information for international traders. This lack of transparency is common among unregulated entities.

Novin Investment Bank Brokerage has not publicly advertised support for the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. While the WikiFX assessment shows a Software Index score of 4.0, suggesting some basic platform functionality, the specific trading software in use is not detailed. Traders should verify platform access directly with the broker.