This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FXNovus Review
FXNovus is a CFD broker that claims an FSCA license in South Africa. France's AMF added fxnovus.com to its list of unauthorized firms in May 2025.
Min Deposit
$250
Spreads From
0.9 pips on higher tiers, from 2.5 pips on Classic
Max Leverage
Up to 1:400
Platforms
MetaTrader
Pros
- Offers five account tiers so traders can pick a fit for their budget
- Relatively low entry deposit of around 250 dollars for most tiers
- Leverage up to 1:400 is available for traders who want higher exposure
- Claims an FSCA license, a real regulator, though the link is hard to confirm
Cons
- France's AMF blacklisted fxnovus.com in May 2025 for operating without permission
- Independent reviewers cannot clearly confirm its claimed FSCA license link
- No FCA, ASIC, or CySEC license backs any of its retail trading activity
- Being named on a regulator blacklist is a serious warning sign for traders
- Entry level Classic account spreads start wide, near 2.5 pips
FXNovus is a CFD broker run by FXNOVUS (PTY) LTD, a company registered in South Africa in 2020 under number 2020/183344/07. The firm says it holds an FSCA license under FSP number 50963, and it names Peaksight Ltd in Cyprus as a related company.
The broker lists five account tiers: Classic, Silver, Gold, Platinum, and VIP. A live account needs around 250 dollars, spreads start near 0.9 pips on the higher tiers, and leverage can reach 1:400.
France's AMF added www.fxnovus.com to its public blacklist of unauthorized firms in May 2025, warning that it offers financial services in France without permission. Independent reviewers also say the FSCA record for FSP 50963 does not clearly confirm a link to FXNovus. Treat any FXNovus offer with real caution and verify licenses yourself first.
Min. Deposit
USD 250
Max Leverage
Up to 1:400
Spreads From
0.9 pips on higher tiers, from 2.5 pips on Classic
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
