Anand Kumthekar

U.A.E.

Reviews

Review of FXNovus


Rated 1 out of 5 stars

Dangerous Organization who will brain…

Dangerous Organization who will brain wash you with your hard earn savings and give you leverage option with highest possible Risk and keep pushing you to Invest More.... I have lost my hard earned savings... will urge others not to deal with this broker based in South Africa . Plus there is no support from their Regulator name FSCA and NFOSA inspite of they knowing the factual Data presented. Best is to stay away from these Fraudsters who play with innocent Individuals

August 5, 2025
Unprompted review

Reply from FXNovus

Dear Anand,

Thank you for reaching out to us.
FXNovus is a fully regulated broker committed to transparency, integrity, and customer satisfaction. We take all feedback seriously and strive to provide a fair and secure trading environment for all our clients.

We have notified the relevant team about your comment and they will be in touch with you shortly to address your issues.

FXNovus

Review of FXNovus


Rated 1 out of 5 stars

Worst Experience of my Life

My Journey started with them on 3rd September 2024 with an initial deposit of USD 250 and since then their dedicated RM 1, started chasing me every alternate days for completing KYC. Once that was done, he kept on calling every alternative day to increase my balance amount in order to use their leverage facility. He kept on saying that swap charges will be reversed once I increase my deposit to USD 50K and then 100k and then he insisted on exhausting my Credit card in order to reach 100k of total balance.
Their educational levels support is bare minimum as they constantly call you and share rosy pictures of earning USD 4k every month. They never discuss their swap charges in spite of asking details and they always link them to increasing your principal amount.
Also, I was recommended wrong strategies to invest with higher lot sizes on certain CFD’s so that you lose your initial deposit big time during the US election result time on 4th December 2024.

All I got was one week swap in month of October where I made huge profits of USD 20,000, which was not allowed to be withdrawn by guy name RM2 Claims to be one of the senior members of the team FXNovus..

Please stay away from this platform as you cannot Trust them on Transparency, as all they care is earning huge swaps, and heavy deposit from clients so that their profitability is well maintained.

After writing a complaint to them they now want to offer back compensation, however if they don't return everything i will go to the credit card company and the authorities

December 18, 2024
Unprompted review

Reply from FXNovus

Dear Anand,

Thank you for bringing this issue to our attention. Your feedback is extremely valuable to us, as it helps improve our services.

We have promptly initiated an investigation into the concerns you've raised. Our team is working diligently to resolve the matter and will provide you with a detailed update as soon as possible.

We sincerely appreciate your patience and understanding during this time.

FXNovus

Review of Smart Securities and Commodities Limited


Rated 4 out of 5 stars

Hi All

Hi All

The Platform is Good and Competitive for all the beginners and Advanced users. The Team is professional and is always available instantly for any service concerns. I Wish Priyanka and her team all the very best in Gulf. Regards Anand Kumtekar

January 2, 2024
Unprompted review

Review of MONEYTIZE LLC


Rated 5 out of 5 stars

The clarity and Handholding done by Mr

The clarity and Handholding done by Mr. Nikhil and team is amazing. Wishing him and the team all the very best in all future endeavors.

December 31, 2023
Unprompted review

Reply from MONEYTIZE LLC

Thank you so much Anand for taking the time to share your feedback. We greatly appreciate your kind words. If you need any further support in your trading journey, we are here to help.