Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

NovirMarkets Ltd

Mauritius Mauritius | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.novirmarkets.com/

Website

Rating Index

Contact

+230 52971917
https://www.novirmarkets.com/
Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, 11328, Port Louis, Mauritius
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Novir Markets Ltd
Email
info@novirmarkets.com
Contact Number
+23052971917
Verified Site
About Us
Wiki Q&A
Comment

Users who viewed NovirMarkets Ltd also viewed..

GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Exness

Exness

8.33
Score
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Exness
Exness
Score
8.33
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website
GO Markets

GO Markets

8.98
Score
20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website

Verified Site

  • novirmarkets.com
    23.236.62.147
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Novir Markets Ltd Review Summary
Founded2022
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex, Indices, Cryptocurrencies, Stocks, and Commodities
Demo AccountNot Mentioned

Novir Markets Ltd Information

Headquartered in Mauritius Novir Markets Ltd provides many market tools, including Forex, Indices, Cryptocurrencies, Stocks, and Commodities. There is missing information limited to account types and trading fees.

Novir Markets Ltd Information

Pros and Cons

Pros Cons
  • Offers multiple assets to trade
  • Lack of regulation
  • Flexible deposit and withdrawal methods
  • Limited information on account and trading fees

Is Novir Markets Ltd Legit?

Novir Markets Ltd is not regulated by any regulatory authority.

Is Novir Markets Ltd Legit?

What Can I Trade on Novir Markets Ltd?

Novir Markets Ltd offers many market instruments, including forex, indices, cryptocurrencies, stocks, and commodities.

Tradable Instruments Supported
Forex
Commodities
Stock
Indices
Cryptocurrency
Shares
Metals
What Can I Trade on Novir Markets Ltd?

Deposit and Withdrawal

Novir Markets provides flexibility in depositing money and withdrawing credit through these means:

  1. PayPal: Users can rather conveniently remit parts of their funds to their account using the online service PayPal.
  2. Major Credit and Debit Cards: This includes the use of cards accepted by Novir Markets Ltd.
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of NovirMarkets Ltd evaluated?

The fund security profile is evaluated as extremely low due to a complete lack of formal regulatory oversight, placing all client funds outside standard financial protection schemes with no verified compensation mechanisms, as reflected in its WikiFX score of 1.42.

04-02
United States

What regulatory licenses does NovirMarkets Ltd hold?

Novir Markets Ltd does not hold any valid licenses from recognized financial authorities for forex trading, operating entirely without credible regulatory supervision.

04-02
United States

Where is NovirMarkets Ltd registered?

Novir Markets Ltd is an offshore entity registered in Mauritius.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

In a week

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

In a week

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

In a week

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

In a week
View More
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com