A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| ASIC | Market Making (MM) | 000439907 | Australia | — |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| Cent | 1:400 | $20 | 1.0 | -- | ✓ |
| Xero | 1:400 | $300 | -0.1 | -- | ✓ |
| Standard | 1:400 | $50 | 1.0 | -- | ✓ |
| Swap-free | 1:400 | $1000 | 2.0 | -- | ✓ |
Across 23 recent Trustpilot reviews, 96% are 1–2 star. The single most common complaint is being unable to withdraw funds (29 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.
0Novox is a forex and CFD broker based in Cyprus, with records dating to 2019-05-06. It reports oversight from ASIC.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Finally, beware of impersonation: we tracked 1 clone website(s) copying Novox. Always reach the broker through its verified official domain, never via links in ads or messages.
Overview compiled by FXCanary from regulatory records and public data. full Novox review