Novoideal

About Novoideal Company

Novoideal provides clients with the opportunity to generate profits through investments in various financial instruments. The company’s official website is available in multiple languages.

The broker claims to be registered at Ramon-Zbinden-Ring 95 7242 Vernier. The address is not recognized by Google Maps, which makes it challenging to determine the country of registration.

Regulation of Novoideal

  • Regulated by the Cyprus Securities and Exchange Commission,

  • Regulated by the International Financial Services Commission,

  • Regulated by the Financial Services Commission of the Republic of Mauritius.

The website features a section on “Accreditations and licenses,” although specific regulatory documents from these organizations are not provided.

Company representatives can be reached at the international number +35790875405 and via email at support@novoideal.com. Novoideal states that its support service is available 24/7.

Trading Instruments and Platforms Offered by Novoideal

Traders have access to a diverse range of over 200 assets, including currencies, metals, stocks, indices, commodities, and cryptocurrencies.

Online trading is facilitated through the company’s proprietary platform, granting traders access to financial markets and analytical tools for effective trading. Novoideal positions itself as one of the most cost-effective brokers in terms of transaction fees.

Novoideal Trading Accounts

Novoideal offers three types of trading accounts: Amateur starting from $150, Trader starting from $1,000, and Investor starting from $10,000.

The basic account may lack certain features. Detailed information on swaps, spreads, and commissions is not provided. To commence trading, one simply needs to register and make a deposit.

Account Funding and Withdrawal Processes at Novoideal

Specifics on depositing and withdrawing funds are not readily available. However, withdrawals are reportedly feasible at any time without incurring additional charges.

  • Withdrawals can be made at any convenient time,

  • No fees are imposed for depositing and withdrawing profits.

Final Thoughts

The Novoideal website raises several uncertainties. The precise address remains ambiguous, and the terms of engagement are presented in a superficial manner. Regulatory documentation is notably absent. The project’s anonymity is underscored by the lack of information regarding its creators and management.

Prior to engaging with Novoideal, it is advisable to peruse reviews from authentic clients for a comprehensive understanding of the company.

This review has been prepared by the specialists at ExpertsReview.