Review summary
Novi FX is a brokerage entity operating from Bulgaria and active within the 5-10 year range. According to WikiFX data, the broker's SkyEye score is a low 1.56, reflecting a severely deficient profile. A crucial finding is that Novi FX holds no valid forex trading licenses from any recognized financial authority and operates as an unregulated entity. This status indicates a fundamental lack of authoritative oversight for client funds and activities. While the entity self-reports a business index of 7.38 and a software index of 4.0, no specific trading conditions, platforms, or account details are publicly verifiable. For traders, the primary consideration is the objective and significant risk posed by the complete absence of regulatory safeguards. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-13)
