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Does Nova Finance charge any fees when you deposit or withdraw funds?

Broker Issues
Nova Finance
Withdrawal
Deposit
05-28
United States
WikiFX
Reply

In my time evaluating a range of brokers, I’ve found fee transparency to be essential for managing trading costs. With Nova Finance, I noticed that they outline their deposit and withdrawal methods and specify certain fees associated with these transactions. For withdrawals, the broker applies variable fees depending on the method: for example, using Visa or Mastercard incurs a 2.5% commission, while PerfectMoney has a lower 0.5% withdrawal fee. Interestingly, TopChange is listed with zero commission for withdrawals, which could be an attractive option; however, as always, I prefer to verify firsthand if any hidden charges or unfavorable exchange rates apply during actual transactions. While deposit fees aren’t explicitly detailed, deposit and withdrawal processing times do vary—Visa and Mastercard withdrawals can take up to 24 hours, compared with instant availability for PerfectMoney and TopChange. Given the high level of risk flagged around Nova Finance, especially with their unverified licensing status and low regulatory score, I personally would approach all fee-related claims with caution. In my experience, sometimes unregulated brokers introduce additional charges or delays not initially disclosed, so I’d recommend reviewing all terms carefully before transferring funds. Ultimately, transparency on fee structures is a non-negotiable for me, and with Nova Finance, some uncertainty remains.

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