TL;DR – What’s Going On With Nova Trade Core?
Nova Trade Core (novatradecore.com) markets itself as a “premier trading platform” for crypto, forex, stocks and commodities, promising secure offline storage, fast bank withdrawals and “trusted partner” vibes. But in November 2025, two major European regulators took aim:
CySEC listed Nova Trade Core / novatradecore.com among unlicensed investment websites, warning that these entities have no authorization to provide investment services under Cypriot law.
CONSOB went further, ordering a blackout of novatradecore.com and platform.novatradecore.com for illegally offering financial services to Italian investors.
Independent Nova Trade Core reviews from broker-watch and recovery outfits now describe blocked withdrawals, misleading regulation claims, and a pattern of behaviour that “appears to be a scam.” Trust tools like ScamAdviser and Gridinsoft rate the site as extremely high risk.
Our Nova Trade Core review finds enough regulatory, technical and victim evidence to treat novatradecore.com as unsafe. If you’re already involved, you should assume high scam risk, lock down further payments, and focus on realistic scam recovery help, not platform promises.
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Quick Verdict – Nova Trade Core Review
| Overall Rating | 1.5 / 10 – High-risk, avoid |
| Pros | Slick interface; multi-asset pitch (forex, crypto, CFDs); easy deposits; positive-looking marketing and some 5★ reviews. |
| Cons | Explicitly flagged by CySEC as unlicensed and CONSOB as illegal in Italy; unverified “regulation” claims; very low independent trust scores; complaints of blocked withdrawals and pressure to add more funds. |
| Summary | Every credible Nova Trade Core review 2025 points in the same direction: this is an unregulated, regulator-flagged platform with serious withdrawal and transparency issues. We recommend complete avoidance and immediate action if you’ve deposited funds. |
What Is Nova Trade Core? (Overview 2025)
According to its own marketing and some neutral profile pages, Nova Trade Core positions itself as:
A multi-asset broker / trading platform offering cryptocurrencies, forex, stocks and commodities.
A “secure and intuitive environment” with offline storage, whitelisting and “100% of digital assets stored securely offline.”
An experienced platform “since 2008”, with 24/7 support and industry-leading uptime (claims that are not independently verified).
However, when independent analysts dug into these claims, they found:
No matching license for Nova Trade Core within CySEC’s database or other major regulators.
Blackout orders and warning notices from CONSOB and CySEC instead of approvals.
So while the “about us” narrative tries to present Nova Trade Core as a long-standing, regulated broker, the regulatory reality says the opposite.
How Nova Trade Core Claims to Work
Key Features, Accounts & Process
Drawing from the website copy and third-party broker profiles, the typical Nova Trade Core pitch looks like this:
1. Multi-Asset Trading Platform
Access to forex pairs, crypto, indices, commodities and stocks.
Web platform (platform.novatradecore.com) with charts, order forms and leverage.
2. Account Types & Tiers
While specific names vary by funnel, most Nova Trade Core reviews mention tiered accounts:
Basic / Standard – low minimum deposit, basic tools.
Silver / Gold / VIP – higher minimums, promises of better spreads, signals and “priority withdrawal.”
3. Security & KYC Messaging
A dedicated KYC page speaks about “safeguarding our client best interests” and compliance.
Talk of offline storage and whitelisting to reassure crypto users.
In practice, KYC seems to be used more as a delay / control lever than as genuine compliance, based on victim reports.
4. Deposits & Withdrawals
Deposits: bank transfer, cards, and sometimes crypto.
Withdrawals: marketed as “direct bank withdrawals” and “fast cash-out”.
Complaints suggest the real flow is:
Easy deposits (often escalated via “account managers”).
Dashboard shows healthy paper profits.
When users request withdrawals, they face:
Long delays
Extra “fees” or “taxes”
Or complete account lockdown
Warning Signs – Nova Trade Core Red Flags (2025)
Here’s where the Nova Trade Core review turns from concerning to outright alarming.
1. CySEC Warning – Unlicensed Investment Website
CySEC’s November 2025 notice (via BrokersView / FXNewsGroup coverage) lists novatradecore.com among online trading websites that:
Do not belong to any entity licensed to provide investment services in Cyprus.
Are explicitly flagged as unauthorized under Article 5 of Law 87(I)/2017.
Being on that list is not a technicality. It means Nova Trade Core is operating completely outside the legal framework it implies.
2. CONSOB Blackout Order – Illegal Offers in Italy
Italian regulator CONSOB issued a communication on 13 November 2025 stating that:
“Nova Trade Core” via www.novatradecore.com
and platform.novatradecore.com is subject to a website blackout (Resolution 23751, 12 Nov 2025).
The site was offering financial services to Italian investors illegally.
Blackout orders are a strong signal: CONSOB doesn’t just warn; it actively blocks access from Italy because of investor harm.
3. False or Misleading Regulation Claims
A 2025 broker profile notes that Nova Trade Core:
Claims regulation by multiple US agencies, but
Those agencies do not regulate forex/CFD brokers in the way claimed, and
No matching regulatory entry exists for Nova Trade Core anywhere reputable.
The conclusion from that review:
“Nova Trade Core is in essence unregulated by any authority and appears to be a scam.”
4. Very Low External Trust Scores
Independent risk-rating sites pile on:
ScamAdviser: “very low trust score… strong likelihood the website is a scam.”
Gridinsoft: trust score 1/100, flagged as a “suspicious shop” with multiple risk indicators.
While those tools aren’t regulators, they match what regulators and victims are already saying.
5. Complaints of Blocked Withdrawals & Extra Fees
Recovery-firm and watchdog blogs report that many users:
Cannot withdraw funds at all, or
Are told to pay additional “taxes” or “fees” before withdrawal, and
Lose contact once they refuse.
An Instagram OSINT post literally says:
“Beware of scammers! #novatradecore is a crypto platform targeting investors. If you’ve been unable to withdraw your funds…”
6. YouTube & Blog Investigations Call It a Fake Broker
A YouTube video titled “Novatradecore – SCAM or legit?!” concludes that this is not a real broker but a basic website connected to a fake CFD trading platform.
Another investigation describes novatradecore.com as a deceptive scheme aimed at stealing from unsuspecting users.
Real User Experiences & Online Reputation
Trustpilot & Review Aggregators
Trustpilot shows ~89 reviews and an overall rating around 1.9/5 for Nova Trade Core, indicating a majority of unhappy customers (with a mix of likely fake 5★ reviews and angry 1★ posts).
Some external summary tools group Nova Trade Core among “people also viewed” scam-adjacent brokers such as EFT24 and Argusstockbrokers, both also touched by CONSOB and CySEC warnings.
Social Media & OSINT Clips
On Instagram and other platforms, OSINT accounts:
Tag #novatradecore in scam-warning posts.
Encourage victims to stop paying extra fees and instead seek proper help.
We don’t quote individual victims by name, but aggregated information suggests:
Typical single-victim losses: often in the mid-four to low-five figures (USD/EUR).
Estimated aggregate losses: likely well into the six-figure range once you sum up all reported cases across blogs and social posts. (We use conservative assumptions; many victims never speak publicly.)
Timeline – Complaints & Regulatory Moves
A simplified timeline based on available data:
July–October 2025:
Nova Trade Core’s footprint grows; domain-age tools show a young website with rising ad activity and affiliate (IB) pushes.
Early–Mid 2025:
First complaints and scam reviews surface in niche watchdog blogs.
5 November 2025:
CySEC publishes an investor warning; BrokersView & FXNewsGroup summarise a list of unlicensed sites, including novatradecore.com.
12–13 November 2025:
CONSOB issues Resolution 23751, ordering Italian ISPs to block access to novatradecore.com and platform.novatradecore.com for illegal financial services.
How the Nova Trade Core Scam Likely Works (Mechanics & Loss Estimates)
Drawing on our broader experience with similar cases, plus specific Nova Trade Core reviews, the scam mechanics look like this:
Lead capture
Social media ads, “expert” videos or WhatsApp/Telegram funnels push traders to “open an account” or book a call.
Low initial deposit & early wins
Victim deposits a few hundred dollars.
Trades appear to succeed; balance shows profit, building trust.
Upsell to bigger deposits
“Account managers” call repeatedly, urging clients to move thousands or tens of thousands to unlock VIP benefits.
Some victims are nudged into using credit cards or bank loans.
Withdrawal attempts & fake fees
When clients try to withdraw, they face:
Long KYC delays, or
Demands for “tax”, “liquidity” or “compliance” fees before release.
Paying the extra fees does not unlock the money.
Lockout & disappearance
Accounts get frozen; support stops responding or repeats scripted lines.
In some cases, victims are then approached by “recovery agents” who are part of a second-stage scam.
Estimated Losses (Conservative Method)
If even dozens of victims lost between $3,000–$20,000 each, aggregate losses easily reach the mid-six-figure range.
Given that blackouts and warnings came within months of launch, this likely underestimates the potential harm if Nova Trade Core continues operating offshore.
We always treat such numbers as indicative, not definitive, but they’re enough to justify a very firm avoid conclusion in this Nova Trade Core review.
Melmac Solutions’ Expert Opinion – Is Nova Trade Core Legit?
We look at each case through three lenses: regulation, behavior and evidence.
Regulation:
Nova Trade Core is not licensed by CySEC or any top-tier regulator.
It is explicitly named in CySEC’s unlicensed list and subject to a CONSOB blackout.
Behavior:
Victim stories show blocked withdrawals, surprise fees and pressure to re-deposit, which match classic investment scam playbooks.
Evidence:
Multiple independent Nova Trade Core reviews (broker-watch, recovery blogs, risk tools) converge on the same conclusion: “likely scam”.
Melmac verdict:
For anyone asking “is Nova Trade Core legit?” — the answer is no. Nova Trade Core is an unregulated, regulator-flagged platform whose behavior and reputation are consistent with a high-risk scam, not a serious broker.
Immediate Actions & Recovery Pathway (If You Used Nova Trade Core)
If you’ve already sent money to Nova Trade Core, here is a practical, three-step pathway we recommend to our own clients:
1. Stop Paying & Preserve Evidence
Do not send any more “taxes”, “unlock fees” or “verification payments”.
Export and store:
Bank/crypto transaction records
Emails, SMS, WhatsApp/Telegram chats
Screenshots of your Nova Trade Core dashboard, balances and any error messages
Keep copies offline and backed up.
2. Contact Your Bank / PSP & File Formal Reports
Tell your bank you may have been scammed by novatradecore.com, which has been flagged by CySEC and blacklisted by CONSOB.
Ask about:
Chargebacks or recalls (for card or transfer payments)
Their internal fraud process
File:
A complaint with your national financial regulator or ombudsman
A report with local police / cybercrime units
The more detailed your documentation, the better.
3. Seek Credible Scam Recovery Help (And Avoid Recovery Scams)
Look for education-first firms that explain clearly what is and isn’t possible in your case.
Avoid anyone promising “100% guaranteed recovery” or pushing you to pay large upfront “investigation fees”.
At Melmac Solutions, we:
Offer a Free Wallet Trace / case review where crypto is involved, to map the flow of funds before any big decisions.
Explain plain-English options based on our Crypto Recovery Process, not marketing scripts.
Useful internal resources to link on your blog:
How We Verified This Nova Trade Core Review
To keep this Nova Trade Core review 2025 grounded and fair, we used:
Primary regulator publications:
CySEC’s investor warning list, as reported by BrokersView and FXNewsGroup.
CONSOB’s “Ultime comunicazioni” blackout notice for nova trade core / platform.novatradecore.com (Resolution 23751).
Independent broker profiles & risk tools:
BrokersView/FastBull’s Nova Trade Core profile calling it unregulated and “appears to be a scam.”
ScamAdviser and Gridinsoft trust-score assessments.
OSINT & user content:
Instagram warnings with #novatradecore and YouTube investigation labelling it a fake broker.
We cross-checked dates, domains and claims, and excluded unverifiable or purely anecdotal statements.
Final Verdict – Should You Trust Nova Trade Core?
Given the weight of evidence, our position is simple:
Nova Trade Core is not licensed by any major regulator.
It has been explicitly flagged by CySEC and blacklisted by CONSOB.
Independent Nova Trade Core reviews and user reports describe blocked withdrawals, fake fees, and deceptive marketing.
For anyone considering or already using novatradecore.com, we recommend complete avoidance and, if you’ve deposited funds, treating this as a scam scenario requiring urgent, documented action and cautious recovery planning.
Nova Trade Core FAQs
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1. Is Nova Trade Core (novatradecore.com) legit?
No credible evidence supports Nova Trade Core as a legitimate, regulated broker. CySEC lists novatradecore.com among unlicensed investment websites, and CONSOB has ordered a blackout of the site in Italy, both strong indicators that it’s operating illegally.
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2. Is Nova Trade Core regulated by CySEC or any major authority?
No. Despite implying regulatory status, Nova Trade Core does not appear in CySEC’s licensed-firms database, nor in registers of other major regulators like FCA or ASIC. Instead, CySEC has specifically flagged novatradecore.com as an unauthorised website.
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3. Why are withdrawals from Nova Trade Core blocked or delayed?
Many users report that once they try to withdraw, Nova Trade Core:
Invents new “taxes” or “fees”
Delays KYC endlessly, or
Simply stops responding
This behaviour is consistent with other investment scams that never intended to process withdrawals in the first place.
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4. Can I get my money back from Nova Trade Core?
Recovery is not guaranteed, but depending on how you paid, options might include:
Card chargebacks or bank transfer recalls
Complaints to regulators and ombudsmen
On-chain tracing and legal action if crypto was involved
Success rates vary, and time matters. That’s why careful documentation and realistic expectations are critical
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5. How can Melmac Solutions help Nova Trade Core victims?
Melmac Solutions can’t help trace and recover funds from Nova Trade Core. and here's how:
Review your evidence
Run a Free Wallet Trace where crypto is involved
Explain the practical pros/cons of chargebacks, civil claims and law-enforcement routes
Our focus is on transparent, education-first scam recovery help, so you don’t end up in a second scam while trying to fix the first one.
