HonorFX vs NovaTech
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safety & Trust
Scam-risk scoreⓘ lower = safer
75
75
Verdict
Severe
Severe
Regulatedⓘ
No
No
Licenses
0
0
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
2.8
Reviews collected
—
694
Exit riskⓘ lower = safer
—
—
Known clonesⓘ
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$1000
—
Max leverage
1:500
—
Min spread (best acct)
from 1.5
—
Commission
—
—
Cost grade
—
—
Account types
✓3
0
Best for
Suits
Traders seeking high leverage up to 1:500, Experienced traders with capital over $1,000, Those comfortable with offshore regulation
Traders willing to risk unregulated high-return pools, Long-term investors comfortable with crypto-only deposits and no oversight
Not for
Beginners with small deposits, Risk-averse traders wanting strong regulatory protection, Traders requiring multi-platform support beyond MT5
Regulation-sensitive traders, Anyone needing reliable withdrawals, Small investors who cannot absorb total loss
Products & Funding
Instruments
FX Major, FX Crossess, FX Minor, FX TRY, Spot Metals, CFDs, Spot Indices, Shares
—
Deposit methods
MASTER, VISA, Bank, transfer
—
Withdrawal
Bank, transfer, VISA, MASTER
—
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2019-05-24
2020-03-21
Headquarters
🇻🇨 Saint Vincent and the Grenadines
🇻🇨 Saint Vincent and the Grenadines
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.