NovasTrade

Is NovasTrade a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.

Who is NovasTrade?

NovasTrade markets itself as an online trading and investment service. Its public site is presented at https://novastrade.com/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is NovasTrade regulated?

NovasTrade provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.

Red flags we identified

• Opaque or anonymous corporate ownership
• No credible physical address or verifiable corporate record
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• Account dashboards that show “gains” with no real market exposure
• No verifiable licence from a recognised financial regulator

Our analysis

On September 16, 2025, the Financial Conduct Authority (FCA) issued a warning regarding NovasTrade , suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/novastrade-novastradecom

Can you recover money lost to NovasTrade?

If you have deposited with NovasTrade, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.