Review summary
NOVA FINANCE AND SECURITIES LIMITED presents a high-risk profile for prospective traders. Established in Nigeria and operating for 5-10 years, the entity lists a suspicious scope of business on its public filings. It holds no valid regulatory licenses for forex trading from recognized financial authorities, operating as an unregulated entity. The broker's overall WikiFX score of 1.56 reflects severe deficiencies across multiple assessment categories, most notably in regulation, risk control, and licensing, where it scores zero. This complete lack of credible oversight places client funds outside the protection mechanisms afforded by established regulatory frameworks. While specific trading conditions like minimum deposit and leverage are not publicly detailed, and platform offerings are unclear, the fundamental absence of authorization is the paramount consideration. Engaging with this broker involves accepting the inherent risks of an operation with no independent financial supervision. 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: 2026-03-22)




