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NM

Novatrade Markets

نواترید مارکتس
BrokerSample
Founded 2020🇲🇺MauritiusIFSCFSC-MU

Novatrade Markets is a sample ECN broker with a $500 minimum deposit and leverage up to 1:3000.

Leveraged trading carries a high level of risk and you may lose all of your capital.

Overall score
Average
Editorial score
3.3/ 5
Community score
3.2/ 5
Based on 105 ratings
105 ratings

Key facts

Min. deposit
$500
Max. leverage
1:3000
Spread from
0 pips
Commission
$2.5 per side / lot
Trading platforms
MT4MT5WebMobile
Account types
StandardECNRaw
Instruments
ForexMetalsIndicesEnergiesCrypto
Deposit & withdrawal
Bank CardCryptoE-walletsBank Transfer
Features
Accepts IraniansPersian supportIslamic accountCopy tradingDemo account

Score breakdown

Each criterion is rated 0–5 by our editorial team.

  • Trust & Regulation2.7
  • Fees & Costs3.8
  • Platform & UX3.8
  • Deposit & Withdrawal2.6
  • Support3.7
  • Features & Range2.9

Full review

About Novatrade Markets

Novatrade Markets is a sample broker used to demonstrate the review layout. Accounts, platforms and funding methods mirror what is recorded for real brokers.

Accounts & fees

Execution model: ECN with raw spreads and fixed commission.

This is a sample listing; its details are not real.

Last updated: Oct 6, 2026

Pros & cons

Pros
  • MT4 and MT5 platforms
  • $500 minimum deposit
  • Free demo account
  • Copy trading
Cons
  • Offshore regulation only
  • Limited stock selection

Licences & regulation

Tier 1 means the strictest oversight.

RegulatorTierLicence no.
🇧🇿IFSC
International Financial Services Commission Belize
Tier 3—
🇲🇺FSC-MU
Financial Services Commission Mauritius
Tier 3—

User reviews

3.2
105 reviews
Rating distribution
  • 5 stars0
  • 4 stars0
  • 3 stars0
  • 2 stars0
  • 1 stars0
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