Reported as a scam / unregulated
Why Novopus is on the register
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. In essence, Novopus is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally 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.