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.
Similar Questions
Considering user feedback and your own evaluation, what’s your assessment of Mether World’s credibility?
Bhavani Durga K
08-01
Based on your own experience, what would you say are the three main benefits of using Fineco?
J Forex Trader
08-07
Is Waldora Limited a safe platform to use?
Nagarjuna
05-06
What are the advantages of opening a WK account?
Nagarjuna
07-06
Is AUS GLOBAL a safe and trustworthy broker?
ryad22
05-23