Is NovasTrade a regulated platform?

https://novastrade.com/

Dear Investor,

NovasTrade claims on its website to be regulated by the Financial Conduct Authority (FCA). However, upon verification, we found that the FCA has issued a warning against NovasTrade, indicating that the company may be offering financial services or products without proper authorization. Additionally, the Federal Financial Supervisory Authority (BaFin) has also issued a warning, stating that NovasTrade is not licensed to operate under its jurisdiction.

This clearly shows that NovasTrade is not regulated by any recognized authority and offers no protection for investors’ funds.

Therefore, we strongly advise you to avoid engaging with this platform to prevent potential financial loss.