High Risk
Reported as a scam / unregulated
SF-706962registry entry
Why NovaFX Holdings is on the register
According to its website, it claims to be regulated by the Financial Conduct Authority (FCA). Still, the FCA number format is FRN, not SIC as provided on the website, which is a red flag. In addition, we checked and found that it is not regulated by the FCA. In essence, NovaFX Holdings is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. NovaFX Holdings appears to be a scam.
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.