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AC-505572
FX NOVEL
⚠ Flagged on the register · High risk
We checked FX NOVEL against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
⚑ Unregulated / unlicensed⚑ Offshore / shell registration⚑ False or fabricated claims
What we found
FX Novel claims to be a licensed broker under regulation of the Seychelles Financial Services Agency (Seychelles FSA). We searched Seychelles FSA but found no matching result. The regulation info this broker claims is a false statement for unsuspecting traders. The truth is that FX Novel is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report FX NOVEL.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.