Verified: NovaProfiting Is Operated Through The Website Https://novaprofiting.com/. This Domain Name Was Registered In May 2024.
On December 12, 2024, The Federal Financial Supervisory Authority (BaFin) Issued A Warning To NovaProfiting That It Could Operate Without The Required Authorization.
As For Regulation, It Has Been Verified That NovaProfiting Does Not Currently Have Any Valid Licenses.
In Order To Deceive Unsuspecting Investors, NovaProfiting Created An Online Image Using A Website Template, Thus Enabling Quick Setup. The Domain Name Was Registered Only In Late May 2024.
This Template Use Makes NovaProfiting Similar To Other Fraudulent Trading Platforms. The Content Provided Is Standard And May Not Accurately Reflect The Content Provided By The Broker. The Federal Financial Supervisory Authority (BaFin) Has Issued A Warning Against NovaProfit, Highlighting These Suspicious Factors And Advising Investors To Avoid Them.
NovaProfiting Is Not Regulated By Any Regulatory Body. Entrusting Funds To This Broker Carries A High Risk As There Is No Legal Protection. In Conclusion, NovaProfiting Appears To Be A Scam.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct And Authentic Contact Information, Such As Phone Numbers Or Company Addresses.
Note: NovaProfiting As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies To Account.
If Investing 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 When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
According To The Company's Website Shows The Type Of Account:
Basic Account: Minimum Deposit Of €250, Minimum Spread From 1.5 Points, Bonus Up To 30%, Providing Customer Support 5 Days A Week, 24 Hours A Day.
Silver Account: Minimum Deposit Of €2500, Minimum Spread From 1.5 Points, Maximum Leverage 1:200, Bonus Up To 60%, Providing Customer Support 5 Days A Week, 24 Hours A Day.
Gold Account: Minimum Deposit Of €10,000, Minimum Spread From 0.8 Points, Maximum Leverage 1:300, Bonus Up To 60%, Providing Customer Support 5 Days A Week, 24 Hours A Day.
Platinum Account: Minimum Deposit Of €25,000, Minimum Spread From 0.8 Pips, Maximum Leverage 1:400, Bonus Up To 70%, 24-hour Customer Support 5 Days A Week, Commission $10 Per Lot.
Masonry Account: Minimum Deposit Of €50,000, Minimum Spread From 0.8 Pips, Maximum Leverage 1:200, Bonus Up To 80%, 24-hour Customer Support 5 Days A Week, Commission $6 Per Lot, Margin Call 120%, Stop Loss 50%.
VIP Account: Minimum Deposit Of 100,000 EUR, Minimum Spread From 0.5 Pips, Maximum Leverage Of 1:1000, Bonus Up To 100%, Customer Support Available 5 Days A Week, 24 Hours A Day, No Commission, 100% Margin Call, 40% Stop Loss, No Swaps, Unlimited Maximum Order And Pending Orders.
