Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
x1250
Within 1 year

Are there any inactivity fees at Nova Finance, and under what circumstances might they apply?

Broker Issues
Nova Finance
Fees and Spreads
05-11
United States
WikiFX
Reply

From my experience reviewing Nova Finance and thoroughly examining all available disclosures, I was unable to find any explicit mention of inactivity fees, nor were the specific terms and conditions regarding such charges clearly outlined. This absence of disclosure is itself a significant point for me as a trader. In my years in the forex industry, I’ve found that reputable brokers are typically transparent about all potential fees, including inactivity charges, in order to foster trust and compliance with regulatory expectations. For Nova Finance, there are signs of risk that raise further concerns: the broker holds only suspicious, unverified licenses and has a warning regarding high potential risk on its record. Its low regulatory and risk management scores reinforce the need for extreme caution. While their website details funding and withdrawal fees, the lack of transparent policies on account inactivity creates uncertainty. In my view, the practical risk is that fees or unexpected restrictions could be imposed later without clear notification, especially considering the firm's minimal regulatory oversight. Ultimately, without concrete terms published about inactivity fees, I would not treat the absence of evidence as evidence of absence. My advice is to approach Nova Finance with caution and, if you are still considering opening an account, demand full clarification in writing from their support team before depositing any funds.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com