NovatechFX Review
Table Of Contents
| š Website | novatechfx.com |
| š Company | NovaTech LTD, NovaTech Advisors LLC, NovaTrading OĆ |
| š Address | Suite 305, Griffith Corporate Center, PO Box 1510, Beachmont Kingstown, GE VC0120, Saint Vincent and the Grenadines |
| āļø Phone | N/A |
| š§ Email | support@novatechfx.com |
| āļø Regulation | Ā Unregulated, Blacklisted, Offshore |
NovatechFX Details
NovatechFX is an online trading broker owned by NovaTech LTD, NovaTech Advisors LLC, NovaTrading OĆ. The company is located at Suite 305, Griffith Corporate Center, PO Box 1510, Beachmont Kingstown, GE VC0120, Saint Vincent and the Grenadines.
To contact NovatechFX, their support team can be reached via phone at N/A or by email at support@novatechfx.com.
Their website can be found at :Ā novatechfx.com
It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including NovatechFX.
To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: B-S500 and Cheonan.uk.
Is NovatechFX Legit or a Scam?
When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company.
Unfortunately, NovatechFX is not regulated or authorized to operate by any major regulatory authority, which means it will be a difficult process to withdraw from this company if they decide to ignore your request or suspend your account for trivial reasons.
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
Read more about this topic in our dedicated article: Financial Regulation Authorities.
Got Scammed by NovatechFX?
If you have lost money with NovatechFX, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.
Chargeback Is Your Solution!
The good news is that there is help available. The team at MyChargeBack ā a specialist group dedicated to helping consumers recover funds lost online ā can help you for your chargeback process:
- 24/7 availability: Get help whenever you need it.
- Free consultation: Evaluate your case without any upfront costs.
- Quick processing: Expedite the recovery of your funds from NovatechFX.
- High success rate: Boost your chances of successful fund recovery.
Relying on a reputable service like MyChargeBack is crucial when dealing with online scams, as the typical chargeback process can often be complicated and time-consuming without the proper guidance.
Rahiel Fesaha says:
I invested funds with Novatech back in 8/19/2022. After some time I opted to have any profits go back into the trading account. I have tried to contact their customer service online and there is no way to send an email. The funds I have in there now amounts to $2545.
B. Davis says:
NovaTech definitely turned out to be a scam.
TARIQ IQBAL says:
Yes I have lost money with NovaTech, A company who does not take your calls for reply back to support / email and blocks your withdrawals for over 3 months , yes they are scam and the people who are behind and supporting, I challenge you to prove me wrong. plus the group of people behind this and marketing another shitty company was deluxeprimeinvestments.com , who is now under surveillance and i will make sure they and marketing group learn a lesson.
Steve Smith says:
I personally will give you 10,000.00 if you can provide proof that you lost money. Lier
Dyrell says:
Thank you for the information
ahmad says:
Hello, unfortunately, I met a lady through Instagram who suggested me to invest in novatechtx.com company.After investing in this company, I could not withdraw my money. I called the support and asked the reason for not withdrawing. They asked for more money for various reasons.I invested nearly $7500 and the so-called support of the mining company started my account. I wanted to withdraw the money again, but my account was blocked again.The middle lady who was my superior on Instagram told me that you should accept our company’s representation. I also accepted because I had lost a lot of money and I wanted my money back. I sent an email to the company and they accepted after 24 hours.Then I tried to withdraw the money again, the withdrawal was not done, I sent a message to the support, they said that since you accepted the company’s representation, you have to pay 3200 dollars for the postcode.Seeing that there is no hope of getting my money back, I stopped depositing money into the company’s account and now I am asking you to help me get my money back.
Mark says:
Ummm since they started over 3 years ago they have paid a weekly payday on your investment. Itās never been missedā¦. Sometimes A little higher than 3% sometimes a little lower but the average has been 3% per week. last July for the market was 17%. I have yet to hear anybody losing money or getting scam because theyāve paid every single month Iāve been a member. With any investment comes risk and just because youāre not registered with all the same organizations that have shafted us all over the years doesnāt keep me warm and fuzzy anymore. I know who these people are and I know where they live. Unlike many other schemes they are being transparent with who they are and how they do it. At the end of the day I really donāt care if I get my 3% a week Iām good and if it lasts over seven months Iāve over doubled my money. So at that point in time Iāll take out my original investment and let everything else ride
NovatechIsApyramidScheme says:
For those wondering how long this ponzi scheme can last, refer to Bernie Madoff. He was one of the most successful scammers in running a ponzi scheme. You need to keep the big players happy. So they can keep recruiting more money, and bringing in more deposits.
Lloyd Sean Nickens says:
They started Novatech FX BECAUSE THEY TOO got scammed by AWS! They werent owners in AWS they were affiliates! They reached the Presidential LEVEL in that company! They were not the President of that company! Novatech Fx pays commissions on producing return results not on recruiting. Theyre doing it right!
CRIO says:
BitConnect lasted for 2 years, OneCoin lasted for about 3 years. They both had an element of MLM, which in crypto is almost a guaranteed scam. At least 95% of crypto MLM’s end up disappearing. Not to mention the founder of Novatech was also involved in a scam previously. Look up AWS Mining and you will see her face behind that company as well before getting a cease and desist in that company and then shortly after they started Novatech.
david says:
Bernie Madoff did it for 25.
TF says:
This company has been in business for nearly three years and people have been able to make withdrawals. Can a scam last that long?