1. Conclusion First (TL;DR)

We believe that NovaTrustFX is a high-risk fraud platform/scam :

• ❌No regulatory filings : No records with FCA, ASIC, or CySEC.

• ❌Fictional history : The domain name was only registered on 2025-07-12, but it is pretended to be "operational in 2016".

• ❌High -risk tactics : Promises of “Guaranteed Profits” and “Withdraw Anytime”.

• ❌Low transparency : Only a UK mobile phone number is provided, no registration number or real office address.

• ❌User complaints : There have been cases of difficulty in withdrawing funds and "forced inducement to increase positions".

👉 Final Verdict: NovaTrustFX has an extremely high risk rating . Investors should avoid all financial transactions.

2. Company Background and Self-introduction

Official website claims

• Website: novatrustfx.com

• Self-description: “Global leader in Forex investment” .

• Selling Points:

• Guaranteed Profits

• Withdraw Anytime

• Global Reach

Problem Analysis

• “Guaranteed returns” : Formal brokerages must use prominent risk warnings (such as “Foreign exchange/CFD may result in significant losses”) rather than “guaranteed profits”.

• “Withdraw cash at any time” : Commonly seen on scam platforms, but in actual cases, withdrawals are often blocked.

• “Global coverage” : If it truly serves the world, it should be registered with major jurisdictions (UK FCA, Australian ASIC, EU CySEC), but actual investigation shows that none of these are registered.

👉 This narrative is closer to a Ponzi scheme than a compliant broker.

III. Verification of the Regulatory Database

1. UK FCA

• Entrance : FCA Register

• Result : NovaTrustFX not found.

• Interpretation : Any platform that provides CFD/forex services to UK retail customers must hold FCA authorization, otherwise it is illegal solicitation .

2. Australian ASIC

• Portal : ASIC Professional Registers

• Result : No relevant entities.

• Interpretation : If a company claims to provide services in Australia but has not registered, it is also considered a gray business operation.

3. Cyprus CySEC

• Access : CySEC Register

• Result : No records found.

• Interpretation : Compared with regular brokerages (such as XM and IC Markets), both of which are dual-registered with CySEC/FCA, NovaTrustFX is completely absent.

4. SVG (Saint Vincent and the Grenadines)

• Note : The SVG FSA has officially stated that it does not regulate Forex/CFD brokers .

• Interpretation : If a company is only registered in SVG, it will not provide any investor protection .

👉Conclusion : NovaTrustFX is not registered in any authoritative regulatory database and is an unregulated entity .

4. Contact Information and Transparency

• Telephone : The official website only provides +44 UK mobile numbers, no fixed landline numbers.

• Email : [email protected] (no corporate email address).

• Address : Just the general name "UK Office" without a specific registration number.

🔎Transparency Issues :

• Lack of company registration number and legal person information;

• No statement on fund segregation;

• No compensation fund commitment.

👉 This is in stark contrast to regular brokerages (which typically disclose registration numbers, license numbers, and compliance statements).

5. Domain Name and Timeline Conflict

• WHOIS Lookup : Whois.com

• Registration time: 2025-07-12

• Official website claims: “Operating since 2016”

📌Interpretation :

• New domain name ≠ old brand;

• This is common in "shell companies" or "template platforms", which fabricate qualifications to gain the trust of investors.

6. Conflicts between Promotional Talk and Compliance

• Guaranteed Profits

• FCA InvestSmart : Any promise of guaranteed returns is a sign of a scam.

• Withdraw Anytime

• FTC Investment Scams : Scammers often emphasize that cash can be withdrawn at any time, but in fact they restrict withdrawals.

• New customer attraction incentives

• ESMA/FCA prohibits cash or non-cash inducements, but NovaTrustFX has traces of "referral rebates".

👉Conclusion : Its promotional language is in complete conflict with international regulatory red lines.

VII. Comparison of International Regulatory Rules

• ESMA (EU) :

• Retail leverage limit 30:1 (mainstream currencies)

• Prohibition of rebate incentives

• Mandatory negative balance protection

• FCA (UK) PS19/18 :

• Same as ESMA, solidified as permanent rules

• 50% Margin Liquidation Level

• NovaTrustFX Comparison :

• Undisclosed leverage restrictions

• Negative balance protection not explained

• Promising "guaranteed returns" is a direct violation of regulations

👉 From a regulatory comparison perspective, NovaTrustFX runs counter to compliance requirements.

8. User Feedback and Third-Party Reviews

• User complaints :

• The withdrawal request has not been received yet;

• Customer service keeps urging you to add more funds;

• The account profit display is abnormal.

• Third-party websites : Many forex review websites have marked it as high-risk/suspected scam .

9. Risk List (Red Flag Summary)

• 🚩No regulatory filing

• 🚩The domain name is very new, with a fictitious "2016 established"

• 🚩Contact information is unclear and there is no registration number

• 🚩Guaranteed returns and cash withdrawals at any time

• 🚩There have been complaints about withdrawal being blocked

10. Investor Rights Protection and Self-Inspection Suggestions

1. No deposit : Please do not attempt to open an account or test with a small amount.

2. Deposited :

• Save all evidence (backend screenshots, transfer records);

• Apply for a chargeback from the bank/payment channel;

• Report the crime to the FCA or Action Fraud .

3. Self-check path :

• FCA Register

• ASIC Registers

• CySEC Register

• Whois.com

Final Conclusion

Based on regulatory verification, WHOIS timeline, promotional tactics, and user complaints , we believe:

👉 NovaTrustFX = High-risk black platform scam .

• lack of any regulatory filings;

• Use new domain names to impersonate seniority;

• The publicity promise of "guaranteed returns" is consistent with regulatory red flags;

• Users have reported difficulties in withdrawing funds.

Investors should avoid all financial transactions and, if they have been harmed, should immediately refuse payment and report the case to the authorities.

📊 NovaTrustFX Risk Radar Score

• Regulation: 1/10 → No regulatory filings

• Transparency: 2/10 → No registration number, unclear contact information

• Trading Conditions: 3/10 → High Leverage + Guaranteed Returns

• Technology: 4/10 → Claims to be MT5, but lacks real transparency

• Reputation: 2/10 → Increased complaints, extremely poor reputation

👉 Overall rating: Extremely high risk, investment not recommended.