Mr. Miranda then traded on the platform, and the trading records showed that his account was able to make some small profits.
But soon, the platform manager, who had vowed to provide trading assistance at first, disappeared when Mr. Miranda contacted him in order
to withdraw. It turned out that Mr. Miranda urgently needed to withdraw
US$ 900 due to some issues on September 20th, but his application was
never approved. When Mr. Miranda emailed the manager about the
withdrawal, the latter gave no reply. Mr. Miranda continued to trade on
the platform on and off, but soon he found that he seemed to be having
greater losses than profits. So he stopped trading, but the previous
withdrawal request had never been approved, and the balance in the
account wasn't able to be withdrawn.
AboutNovi FX
Through investigation, WikiFX found that Novi FX did not mention its regulation status in any of its advertisements, while the link to
the so-called regulation website in its email to investors did not
contain valid information either.
We also believe that Novi FX's wordings in its marketing campaign have violated advertising laws, and investors need to carefully screen
out the exaggerated advertisements from illegal brokers.
According to WikiFX App, Novi FX is unregulated at the moment and is rated at only 1.07. WikiFX suggests investors to stay away from this
dangerous and unreliable broker.
Up to now, WikiFX APP has included profiles of more than 17,000 global forex borkers. If you have any question about a broker's
qualification, you may check the broker's profile on WikiFX App. WikiFX
has also released the new feature of “Wiki Fair”, a forum where
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