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NOVOX

Severe risk
🇨🇾 Cyprus · 5-10 years · since 2020-08-17 · Novox Capital Limited.
ASICCYSEC
Visit site ↗
—/5
★★★★★ ★★★★★
16 reviews ›
2
Licenses ›
24
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
1
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot—/5
Forex Peace Army—/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-07
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~150% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5010%

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.

Company
Legal nameNovox Capital Limited.
Headquarters🇨🇾 Cyprus
Founded2020-08-17
Years operating5-10 years
Employees0
Official websitenovoxfx.eu
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
Griva Digeni 105, #202, Limassol, 3101, CYPRUS

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making (MM)000439907Australia—
CYSECMarket Making (MM)224/14Cyprus—

Review analysis AI

Across 16 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (24 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
Where reviewers are from
Hong Kong11
Japan2
Australia1
United States1
Vietnam1

Real user reviews

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About NOVOX

NOVOX is a forex and CFD broker based in Cyprus, with records dating to 2020-08-17. It reports oversight from ASIC, CYSEC.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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