Multinational supervision and fund isolation
Novox Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 224/14). According to the strict standards of the EU financial market, CySEC Cyprus strictly limits and regulates the operation level, financial status, infrastructure and other aspects of brokers from overseas retail foreign exchange industries. This is to ensure the capital safety of investors to the greatest extent.
- Novox Group is authorised and regulated under the supervision of the Australian Securities and Investments Commission (ASIC, AR No.: 001274982). The Australian Securities and Investments Commission (ASIC) is a financial regulator established by the Australian Government with a wide regulation scope. It serves to perform the supervisory functions on companies, investment behaviours, as well as financial products and services independently. Its regulatory system has been known as one of the most strict and reliable financial regulations around the world.
- Novox Global Limited is authorised and regulated by the financial conduct authority (FSA) of Saint Vincent and the Grenadines. (Registration no. 24952IBC2018) FAS is a financial regulatory institution with principled supervision and strong law enforcement ability around the world. In addition to operation related businesses in St Vincent, licensed securities firms can also operate or provide services in most parts of the world, and its regulatory strength is highly recognized by investors.
Security of Funds
All retail client funds are held in the trust's bank accounts, segregated from the company's own funds.
All NOVOX funds held in place of clients are distributed in major global Banks, and NOVOX cannot divert clients' funds for other purposes.
(At the time of opening a real account, each customer is deemed to be a retail customer unless otherwise notified. All client funds are held in the trust's bank accounts, segregated from the company's own funds.)