NovusTrade (also known as NovusTrades or NovusTrade.net) positions itself as a sophisticated trading platform offering access to forex, crypto, and commodities markets. With promises of secure investments, advanced analytics, and guided account management, the platform tries to present an image of professionalism and trust.
However, based on a growing number of reports, independent reviews, and client complaints, NovusTrade exhibits multiple warning signs commonly associated with online investment scams particularly those targeting UK-based investors and crypto holders.
If you’re currently trading with NovusTrade or have been contacted by one of their representatives, this alert is for you.
A Closer Look at NovusTrade’s Promises
On the surface, NovusTrade appears well-polished. Their website boasts:
- High-yield trading opportunities with fast returns
- “Professional” account managers to assist you
- Zero-commission trading
- AI-powered tools and trading bots
- Multi-asset coverage: forex, cryptocurrencies, indices, and more
These features are designed to build trust with inexperienced investors or those seeking modern investment avenues, such as cryptocurrency or NFTs.
However, a professionally designed site doesn’t necessarily equate to legitimacy, especially when other aspects of the operation fail to hold up to scrutiny.
Signs of a Scam: What’s Really Going on Behind NovusTrade?
1. Not FCA Regulated or Recognized
NovusTrade does not appear on the UK Financial Conduct Authority (FCA) register, nor is there any evidence it is licensed by any trusted regulatory authority. Operating without regulation in the UK financial market is a massive red flag.
Why this matters:
- No oversight or accountability
- No consumer protections
- No access to the Financial Ombudsman or compensation schemes
Any investment platform offering services in the UK must be FCA-authorized. NovusTrade isn’t.
2. Withdrawal Issues & Delayed Payouts
One of the most common complaints involves clients being unable to access their funds. Victims report:
- Initial smooth deposits and “visible” growth in their account
- Sudden issues when attempting to withdraw, ranging from identity verification problems to surprise “release” fees
- Unreturned calls or disappearing “account managers” once large deposits are made
These are classic tactics used in advance-fee scams and crypto frauds.
3. Manipulated Dashboards and Fake Profits
NovusTrade appears to show inflated account balances or “generated profits” to lure investors into depositing more. These figures are often fabricated and cannot be withdrawn.
The illusion of earnings is often used to build false confidence in the platform.
4. High-Pressure Tactics to Deposit More
Victims of NovusTrade report constant pressure from their so-called account managers:
- Promises of doubling your returns if you “upgrade” your account
- Urgency: “You’re missing out on major market moves”
- Emotional manipulation: “If you don’t invest now, the opportunity is gone”
No legitimate, regulated broker engages in this kind of psychological push.
5. Lack of Transparency & Hidden Ownership
The company provides no clear information about its team, physical address, or registered legal entity. WHOIS records for their domain are masked, and the listed contact information is often unresponsive or generic.
These tactics make it easier to disappear once the scam reaches enough victims.
What to Do If You’ve Been Affected by NovusTrade
If you’ve invested money through NovusTrade and are experiencing issues:
- Stop all deposits immediately
- Document everything: chat logs, emails, bank records, crypto wallet transactions
- Do not pay any additional “release” or “unlocking” fees
- Report the platform to Action Fraud UK and the FCA
- Contact an expert crypto fraud recovery team
How Amdark Limited Can Help Victims of NovusTrade
At Amdark Limited, we specialize in helping UK investors who have been targeted by unregulated platforms like NovusTrade. Our team of fraud recovery experts has experience navigating complex digital scams involving:
- Blockchain Forensics
We trace cryptocurrency movements across wallets and blockchains, identifying where your funds were moved, even through mixers or exchanges.
- Payment Path Investigation
We review your transaction trail (card, wire, crypto) to identify possible reversal points or dispute options with financial institutions.
- Liaising with Authorities
We work alongside financial regulators and cybercrime units, helping victims file structured, effective complaints that move the needle.
- Personalized Recovery Plans
Your case isn’t generic. We evaluate the fraud type, transaction method, and timing to create a custom action plan.
- Emotional and Legal Support
Being defrauded is emotionally and financially draining. We offer discreet, supportive communication as we pursue your case.
Visit www.amdarklimited.com to begin your recovery journey today. The sooner you act, the higher the likelihood of reclaiming your assets.
Final Words: Stay Away from NovusTrade
Despite its polished website and confident tone, NovusTrade shows all the classic markers of an investment scam: unregulated operation, withdrawal blocks, fake profit displays, and aggressive deposit tactics.
If you’re still considering investing in NovusTrade, don’t. And if you’ve already been affected, time is critical. Report the scam, protect others by sharing your story, and get expert help from trusted fraud recovery professionals like Amdark Limited.
Start your case today at www.amdarklimited.com
Fill out the form below to get in touch with AMDARK LIMITED. Our team specializes in fund recovery and will work with you. The sooner you reach out, the faster we can step in to secure your case and help you recover what is rightfully yours.