ANSWER Given its unlicensed status, we strongly advise against engaging with Novazx.The Novazx website lacks the necessary licensing information to validate its legitimacy. This, coupled with the recent registration of its domain name, casts serious doubts on the broker's authenticity and credibility. Further adding to these concerns is a warning issued by the Financial Conduct Authority (FCA), advising investors to steer clear of this unauthorized firm.In light of these factors, investors dealing with Novazx are at risk of fraud and identity theft due to the lack of regulatory oversight. For a safer trading environment, it is highly recommended to opt for fully regulated brokers instead of unregulated ones like Novazx.
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