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BrokersView has reviewed that Novopus is an unregulated broker

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  • BrokersView has reviewed that Novopus is an unregulated broker

    Novopus claims to be legally offer financial services or products in forex trading by displaying images of certificates issued by Colorado Secretary of State and the the Financial Crimes Enforcement Network (FinCEN). We did find matching data on the former website, but couldn't find this company in the latter's register. The broker may be using a combination of true and false information to deceive unsuspecting investors. Furthermore, Colorado Secretary of State is to provide management and central support services for the Department of State and the FinCEN is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities. Both of them do not regulate forex markets. The authority to issue forex licenses and regulate entities engaging in such activities rests with the National Futures Association (NFA). However, we found Novopus is not an NFA-member and thus not subject to this regulator's oversight.
    The current information shows that this broker does not have a trading software. Please be aware!​
    Is Novopus a Scam or Not?Detailed Novopus Review,which is a must read before you trade with this Forex broker.Read all Novopus pros and cons,full description of trading accounts,platforms,spreads,promotions.
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