Reported as a scam / unregulated
Why NovachainPro is on the register
NovachainPro appears to be a highly suspicious trading platform, potentially involved in fraudulent activities. The platform claims to be authorized and regulated by multiple financial authorities across five continents, including prominent institutions such as the UAE’s SCA, ASIC, CySEC, BaFIN, CIMA, FSC, FMA, MAS, and VFSC. However, upon thorough investigation, we have been unable to find any record of NovachainPro registered with or supervised by any of these regulatory bodies. This significant discrepancy strongly suggests that the platform has deliberately fabricated its regulatory credentials to mislead investors. Given this evidence, NovachainPro exhibits clear signs of deceptive practices and poses an extremely high risk of fraud.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.