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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

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

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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
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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 should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States
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