CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money.
We know how important it is for you to fund your trading account securely and within a reasonable time, this is exactly how we designed our withdrawals and deposit processes at FXNovus.
Method |
Minimum Deposit |
Max Deposit (Daily) |
Max Deposit (Monthly) |
|---|---|---|---|
| Credit Card | $250 €250 |
$10,000 €10,000 |
$40,000 €40,000 |
| APMs | $250 €250 |
Unlimited Amount | Unlimited Amount |
| Wire Transfer | $250 €250 |
Unlimited Amount | Unlimited Amount |
Before initiating a withdrawal there are some steps that you need to follow. Make sure you read the following points carefully, for a correct process.
When it comes to withdrawals, you need to remember that these will be issued using the same method, as for the deposits you’ve made. If not possible, let your Account Manager know, beforehand.
You will be able to request a first withdrawal after your account has been properly verified. In order to do so, and comply with anti-money laundering policies, FXNovus will request for the following verification documents:
Company Information: FXNovus is operated by FXNOVUS (PTY) LTD a South Africa Investment Firm, authorized and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP License Number 50963. FXNOVUS (PTY) LTD registration number is 2020 / 183344 / 07 with a registered address Unit 16B7, 159 Rivonia Rd, Sinosteel Plaza, Morningside Ext, Sandton, 2146.
Risk warning: Contracts for Difference (‘CFDs’) are a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which are a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own or have any rights to the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary.
Regional Restrictions: FXNOVUS (PTY) LTD does not offer services within the USA, Canada, Australia, Israel and certain EU member states. The Company reserves the right, at its discretion, to decline registration from other regions, such as FATF high-risk jurisdictions or countries that are subject to sanctions.
Nationality Restrictions: FXNOVUS (PTY) LTD does not offer services to residents of Turkey.
Marketing Communication: FXNOVUS (PTY) LTD does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. FXNOVUS (PTY) LTD is not a financial adviser.
Copyright © 2023 FXNOVUS (PTY) LTD
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money.
