The company Nova Commercial Finance attracts clients with its promises of transparency and the benefits of cooperation, however, before trusting this firm, it is worth paying attention to the opinions of real users. On the internet, you can find numerous reviews about clients who have suffered from cooperation with it. Client losses are estimated in thousands of dollars. In this article, we will examine the facts pointing to the shortcomings of Nova Commercial Finance and share the results of the conducted verification.
Work Experience and Reputation
The Nova Commercial Finance website is a typical single-page site that does not look too attractive and informative. This fact, as well as the lack of serious investments in the web resource, immediately raises doubts about the reliability of the company. The rating of novacommercialfinance.com on specialized services leaves much to be desired.
The company’s legend seems questionable and unconvincing. Potential clients are promised professionalism of employees and high service quality, but specific information about the company’s management or its founding date is not provided.
A check of the registration date of the domain novacommercialfinance.com showed that the site started operating in March 2022. In a short period of its existence, the company managed to attract negative attention and reviews.
Documentation and Licenses
The Nova Commercial Finance website states that the company complies with international legislation and treats clients fairly. The company provides a scan of the registration certificate (No. 09618201). However, a check through the Companies House database reveals that the company was liquidated in February 2020. This indicates that Nova Commercial Finance used a false name to deceive clients.
It is also worth noting that the company has been blacklisted by the UK regulator FCA, indicating its dishonest activities.
A similar situation is observed with the Central Bank of Russia, which has also included this company in the list of dishonest market participants.
Services and Client Reviews
To register with Nova Commercial Finance, personal data and document copies are required. According to reviews, the company may misuse this information, leading to leaks of clients’ confidential data.
The company offers various types of trading accounts, but the minimum deposit amount is from $200, which may not be accessible to all clients. The platform also offers various methods of depositing and withdrawing funds, but the payment processing times may turn out to be lengthy and unreliable.
Conclusion
In conclusion, Nova Commercial Finance is a company with an insufficient reputation, despite its promises and favorable conditions. Before cooperating with this firm, it is recommended to carefully study all possible risks and consult with financial experts. It is important to remember that deception and fraud in the financial services sector have serious consequences for clients.
