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NOVAIQFX Review: Is It Legit and Regulated?

NOVAIQFX

MU Operating period unverified

FindMyFX score

critical risk

2.0/10

0 Score out of 10 10
Independent assessment Updated 2026-08-13

Contact & regulation

Official website
Not verified
Address
Not verified
Contact
Not verified
Primary license
FSC Mauritius · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is NOVAIQFX legit and regulated?

FindMyFX has license records for NOVAIQFX, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

FSC Mauritius published a notice stating that NOVAIQFX's Global Business Licence and Investment Dealer licence were terminated effective 27 June 2024. Current trading conditions therefore are not treated as active.

Professional broker overview

FindMyFX editorial summary

NOVAIQFX had a Mauritius Global Business Licence and Investment Dealer (Full Service Dealer Excluding Underwriting) licence documented by FSC Mauritius. FSC Mauritius states that both licences were terminated effective 27 June 2024, and current trading terms were not established from the reviewed official material.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: AI-generated draft based on the cited regulator notice; historical trading conditions and any later corporate activity require staff verification.

Operational status
inactive
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • An official FSC Mauritius notice establishes the former regulatory status.

Documented limitations

  • The cited regulator notice states that the relevant licences were terminated effective 27 June 2024.
75%coverage

Published profile coverage

6 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

NOVAIQFX

Primary
MU Registration not shown

Licenses and regulators

FSC Mauritius

No license number

unverified

Last verified: Not shown

Type: Investment Dealer (Full Service Dealer Excluding Underwriting)
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Risk flags

Licence termination

high · draft

FSC Mauritius states that NOVAIQFX's Global Business and Investment Dealer licences were terminated effective 27 June 2024.

Score components

Regulation and licenses

5.0/10 · 35%

Official regulator evidence establishes the former licence and its termination.

Security and track record

0.0/10 · 20%

The reviewed regulator source documents licence termination and does not establish a positive current operating record.

Trading conditions

0.0/10 · 15%

No current official trading-condition data were established.

Company transparency

2.5/10 · 10%

The regulator notice identifies the entity and former licence status, but other current corporate information is limited.

Service quality

0.0/10 · 10%

No verified service-quality evidence was established.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was established.

Profile update history

Broker profile was published.

2026-08-13

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.