Nova Finance

Nova Finance Ltd is a Seychelles-registered trading firm that presents itself as an online broker offering a range of account types suited to different levels of retail traders. According to our records, the company was founded on 28 February 2025 and is registered at Room 12, 1st Floor, Kingsgate House, Independence Avenue, Victoria, Mahé, Seychelles. Its official website is nova-finance.net.

As a recently established entity, Nova Finance has no verifiable track record in the public domain. Our records show zero employees on file, and we found no independent user reviews or substantive third-party coverage of the broker. This lack of public footprint is itself a notable characteristic for a firm that invites retail clients to deposit funds.

Nova Finance Ltd holds a Derivatives Trading License (EP) issued by the Seychelles Financial Services Authority (FSA), with licence number SD031. The FSA is the financial regulator for the Seychelles jurisdiction, which is often regarded as an offshore centre with lighter oversight compared to major Western regulators.

We note that the licence number in our records is SD031. However, a public warning issued by the Seychelles FSA references a different entity claiming to be Nova Finance Ltd under licence number SD31, and states that the entity is not licensed or regulated by the FSA. This discrepancy is concerning and warrants caution. We have not independently verified the current validity of the SD031 licence, and the number is not published in our records beyond the entry we hold.

Nova Finance offers a tiered structure of eight account types, ranging from a Cent account with a $200 minimum deposit to a VIP account requiring $500,000. The Standard account, with a $500 minimum deposit, offers leverage up to 1:2000 and a minimum spread of 1.6 pips. The Standard Plus account, at $1,000, provides leverage up to 1:20000 and a minimum spread of 0.8 pips.

At the higher end, the Gold, Platinum, and Exclusive accounts require deposits of $100,000, $250,000, and $2,000 respectively, with the Exclusive account offering leverage up to 1:2000. The Shares account, with a $5,000 minimum, offers leverage of 1:1, suggesting a non-leveraged equities product. Spread and commission details are not fully disclosed for several account tiers.

The broker lists VISA, Mastercard, Neteller, and PerfectMoney as both deposit and withdrawal methods. These are common payment options in the retail forex space, though the absence of bank wire or other traditional methods may be a consideration for some traders.

We note that the known facts do not specify any fees, processing times, or currency conversion charges associated with these methods. As with many offshore brokers, clients should verify the availability of these methods in their jurisdiction and be aware of potential third-party fees.

Our records do not specify the full range of trading instruments offered by Nova Finance. The account types suggest a focus on forex and possibly CFDs, but we cannot confirm the availability of commodities, indices, or cryptocurrencies. Similarly, the trading platforms are not disclosed in our records.

Given the lack of public information, we cannot verify whether the broker offers MetaTrader 4 or 5, a proprietary platform, or any other trading software. Traders considering this broker should seek clarification on these points directly from the company.

Nova Finance is a recently established offshore broker with a limited public footprint. Our risk assessment flags the company as having an elevated scam risk score of 53/100, based on its short operating history, its registration in Seychelles, and the absence of a verifiable website or social media presence.

Furthermore, the discrepancy between the licence number in our records (SD031) and the one cited in a public warning (SD31) is a red flag. While we cannot confirm that the warning refers to this exact entity, the similarity in name and jurisdiction is concerning. Traders should exercise extreme caution and conduct thorough due diligence before engaging with this broker.