ASICAustraliaTier 1Licence number
001274982
View licence record- Licence holder
- Held by Novox
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for Novox
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
Novox has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Licence record
Licences on record
Every licence on record for Novox, strongest authority first.
2 records
- ASICAustraliaTier 1
CySECCyprusTier 2Licence number
224/14
View licence record- Licence holder
- Held by Novox
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by Novox
Answered from the register entries on this page.
Most Popular Questions
Novox offers a maximum leverage of up to 30:1. This leverage level is consistent with regulatory limits set by its overseeing authorities.
The minimum deposit amount for Novox is 200 USD when using credit/debit cards and 500 USD for bank wire transfers. Other methods like e-wallets and cryptocurrencies have minimum deposit requirements starting from 50 USD and 0.01 units respectively.
Novox supports deposits and withdrawals via bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets like Skrill and Neteller, and cryptocurrencies such as Bitcoin and Ethereum. Processing times vary from instant to a few days depending on the method, and fees are generally zero for both deposits and withdrawals.
Novox provides access to MetaTrader 4 (MT4), a widely used trading platform for Forex and CFDs. MT4 supports desktop, iOS, Android, and web trader versions, offering advanced charting and automated trading capabilities.
Novox is regulated by the Australia Securities & Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These regulators ensure compliance with financial laws and provide investor protection measures. Novox operates under onshore licenses in Australia and Cyprus.
Novox has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Novox holds licence records issued by ASIC, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Novox come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Novox has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Novox has licence records in Australia, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.