The Official Website Of FX Novel Cannot Be Accessed Normally At The Moment. The Company Appears To Have Gone Out Of Business. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-06-30 We Have Confirmed After Review That FX Novel Is An Unregulated Foreign Exchange Broker
FX Novel Claims To Be A Licensed Broker Regulated By The Seychelles Financial Services Authority (SSA). But We Did Not Find A Match With The Broker In The Seychelles FSA. This Means That The Broker's Claimed Regulatory Information Is False Propaganda Against Unsuspecting Traders.
The Fact Is That FX Novel Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For The Regulation, It Has Been Verified That FX Novel Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: FX Novel As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
