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.
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