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Novotrend -

Score

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

Novotrend

Saint Vincent and the Grenadines | 2-5 years |
ECN Account Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://novotrend.co/

Website
Open Account Time Machine

Rating Index

Influence

Influence

C

Influence index NO.1

India 3.61
Surpassed 13.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

team@novotrend.co
https://novotrend.co/
Suite 305, Griffith Corporate Center P, O. Box 1510, Beachmont Kingstown St. Vincent and the grenadines
https://www.facebook.com/profile.php?id=61569610130259

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Novotrend.Ltd
Customer Service Email Address
team@novotrend.co
Company Website
https://novotrend.co/
Company address
Suite 305, Griffith Corporate Center P, O. Box 1510, Beachmont Kingstown St. Vincent and the grenadines
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Website

novotrend.co
185.212.71.230
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
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Company
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Company Summary

NovotrendReview Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsStocks, metals, commodities, indices, cryptocurrencies
Demo Account✅
LeverageUp to 1:500
SpreadFloating spread
Trading PlatformMT5
Min Deposit$50
Customer SupportContact form
24/7 customer support
Email: team@novotrend.co
Regional RestrictionsThe United States, Canada, Sudan, Syria and North Korea and the European Economic Area's clients are not allowed

Novotrend Information

Novotrend is an unregulated broker, offering trading on stocks, metals, commodities, indices and cryptocurrencies with leverage up to 1:500 and floating spread on MT5 trading platform. The minimum deposit requirement is $50.

Novotrend Information

Pros and Cons

Pros Cons
With demo accountNo regulation
MT5 platformNo contact channels
Low minimum deposit requirement

Is Novotrend Legit?

No. Novotrend currently has no valid regulations. Please be aware of the risk!

Is Novotrend Legit?

What Can I Trade on Novotrend?

Novotrend offers trading on stocks, metals, commodities, indices and cryptocurrencies.

Tradable Instruments Supported
Stocks✔
Metals ✔
Commodities✔
Indices ✔
Cryptocurrencies✔
CFDs❌
ETFs❌
Forex❌
Bonds❌
What Can I Trade on Novotrend?

Account Type

Here are six account types Novotrend offers:

Account TypeMin Deposit
MT5_Real$100
MT5_AI/
MT5_STP$100
VIP$30K
Affiliate Account/
Company Trading Account/
Account Type
Account Type
Account Type
Account Type

Leverage

MT5_AI account provides leverage up to 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Novotrend Fees

Trading Fees

For cryptocurrencies, commodities and indices, the broker requires no commission for depositing or withdrawing profit.

For stock, the commission is from 0.1 USD.

Novotrend Fees
Novotrend Fees

Novotrend Spreads

The broker offers floating spreads.

Non-Trading Fees

If a client requests a withdrawal when there is no trading activity, Novotrade reserves the right to charge the equivalent amount of any bank, exchange fee or 6% of the total withdrawal amount.

If the account is considered inactive (no trading activity) for a period of 6 months, the broker will charge a monthly inactivity fee of 10 EUR/USD.

Novotrend Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, MacBook, mobileExperienced trader
MT4❌/Beginners
Trading Platform
Trading Platform

Deposit and Withdrawal

The broker accepts payments via QIWI, WebMoney, Visa, MasterCard, bank transfers and popular cryptocurrencies, such as Bitcoin (BTC) , Ethereum (ETH) , Bitcoin Cash (BCH) , etc.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
Cryptocurrencies/By blockchainfrom 15 minutes to 4 hours
Credit / Debit Cards/5%Instant
Electronic Methods10 USD1%1 hour
Bank Transfer500 - 50,000 EUR/Upto 3 days

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Credit / DebitCard20 USD6% (Min 20 USD)Processed by us within 1 business day but you receive thefunds to your account in 3 to 5 business days dependingon your Credit Card provider
WebMoney10 USD1%1 Working Day
QIWI10 USD0.8%3 Working Day
Cryptocurrencies/By blockchainfrom 1 hour to 24 hours

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Allan777
Within 1 year

How long does Novotrend withdrawal take?

WikiFX Reply
Novotrend processes most withdrawals within 1 business day, but the time it takes for the funds to reach my account depends on the withdrawal method. For example, credit/debit card withdrawals can take 3 to 5 business days, while WebMoney and QIWI take 1 working day. Cryptocurrencies are the fastest, with a processing time ranging from 1 hour to 24 hours.
Broker Issues
Novotrend
Withdrawal
Deposit
08-11
United States
joalund
Within 1 year

Is Novotrend safe to use?

WikiFX Reply
Since Novotrend is unregulated, I would be cautious about using this platform. Regulation ensures that there are protections for my funds, and the absence of it means I might face challenges if issues arise. While the platform may seem legitimate on the surface, the lack of regulatory oversight is a big risk factor that I would take seriously.
Broker Issues
Novotrend
Regulation
08-05
United States
seejay
Within 1 year

What is the minimum deposit at Novotrend?

WikiFX Reply
The minimum deposit at Novotrend depends on the account type: MT5_Real and MT5_STP require a minimum deposit of $100, VIP requires $30,000, and Affiliate and Company Trading accounts do not specify a minimum deposit. Personally, I think the MT5_Real account is a good option with its $100 minimum deposit, making it accessible for new traders who want to get started with a small investment.
Broker Issues
Novotrend
Deposit
Withdrawal
08-03
United States
Ashraf Shahhat
Within 1 year

What are the pros and cons of Novotrend's regulation?

WikiFX Reply
Pros: Novotrend offers a variety of trading instruments and has a low minimum deposit requirement, which makes it accessible.
Broker Issues
Novotrend
Regulation
07-31
United States
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