Dear Investor,
Regarding your inquiry about the minimum deposit requirement for Novara Markets, we recommend contacting their official customer support directly for the most accurate information.
Our investigation into the platform's regulatory status reveals that Novara Markets claims to be regulated by the Financial Services Commission (FSC) of Mauritius, with its underlying regulated entity named Luvor Market. While we have confirmed that Luvor Market is indeed a licensed entity under the Mauritius FSC, the regulator's public register does not list the specific domain names or brand names associated with its licensees. Consequently, we cannot verify whether Novara Markets is genuinely an authorized brand operating under the Luvor Market license.
Furthermore, it is important to note that the Mauritius FSC is an offshore regulatory authority. Such jurisdictions typically enforce more lenient oversight and offer less stringent investor protection compared to top-tier regulators. Therefore, even if the link to the licensed entity were confirmed, the level of safeguard for your funds would be limited.
In light of these findings, we strongly advise you to exercise caution and conduct thorough due diligence before engaging in any transactions with Novara Markets.
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