Novatechfx Reviews 703

NovaTechfx is NOT a scam. I’ve been with this company for a solid year, and I’ve watched it experience some growing pains, which is normal for ALL companies to experience at some point. This company also, doubled its memberships in 2022. This is incredible! With this increase they have also faced challenges with ceasing memberships in 3 US states and a few provinces in Canada… different states and provinces have different laws in place... Closing, those accounts and giving payouts to those members, along with the FTX collapse, caused additional members to abruptly withdraw their funds from their trading accounts as well. Personally, I’m thinking, this is what has caused a 60 day freeze on withdrawals from Trading accounts only. Not weekly Bonus accounts. it’s important to know as well. Several people, who closed their NovaTech accounts in an abrupt manner are now reopening them, because they see that the people they know who are still with the company, are continuing to receive weekly ROI ( Return Of Interest) bonuses.
Through it all, the leadership seems to have handled themself with honesty and integrity.
I personally have received ROI bonuses every Friday for the last year. The amount of money showing in your wallet, is YOUR money to make a withdrawal on, or reinvest into your trading account. While there are temporary delays on receiving bonus account withdrawal funds, I’m still receiving payouts every 10-13 days, instead of every 3-4 days, without any issues…I am self-employed and this company has allowed me to grow my money at a pace that I wouldn’t be able to, in the traditional sense. While all investments are a risk, my account has tripled since the initial investment.

This company can change our lives for the better, if we are patient, and trust the process. IT IS A BLESSING FROM GOD!!

Novatech is a great company that has had to make some well thought out decisions regarding halting trading account withdrawals for 60 days. This is for the protection of the longevity of the company so it can create long lasting financial freedom for individuals like myself. I've been in this company for 8 months and it's been the best decision. They have paid and will pay. They need investors to trust the process. They aren't going anywhere with anyone's money.

Been involved for a short period of time but quite impressed with leadership, organization and performance that I’ve experienced thus far. Looking forward to how the company continues to grow and improve as well as give many the opportunity to have a successful investing solution.

Great company that is filled with integrity!

First off look at how many reviews are verified for NovaTechFX. I might be the only verified account here.

5/1 **UPDATE** I have received a trade account and a couple bonus withdrawals on time, still a few pending. If any consistency occurs I will start to update my star rating. But at this point there is always some sort of issue.

4/11 **UPDATE** admin keeps changing the payout rules and timings with a trickle of payouts, and they keep referencing God and patience. Current vibes: I feel like I rented an apartment from a slumlord. 1 Star is too much at this point.

3/23 **UPDATE** finally got a second bonus payout that was worth 2 weeks of accumulation but tiny none the less. I will remain at 1 star until I can see that I can get a larger withdrawal and from my trading account. NovaTech still takes a $25 fee every week and still won't release at a normal pace.. Thoughts on that?

3/10 **UPDATE** minimum withdrawal amount lowered to $250… this so happened to be the week I get below that so no withdrawal. 🤔 🤷🏽‍♂️i feel bad for anyone who has ever gotten involved in this. Still waiting for $$.

2/27 **UPDATE** I was sent one 2.08% withdrawal from "Bonus Account" which is suppose to be ROI but there is a week old request still pending.. still no response to emails on my request to liquidate my "trading account." Point being my funds are still trapped with no time frame or structure on what to expect. Mathematically it would take a year to get my money out via "bonus account" while the main principal is still locked up. This would be a 100% return if I had true access to my funds. This is all a real simple fix, I would love to restructure NovaTechFX to legitimize its platform.

2/18 **UPDATE** after dealing with some PIN issues I was able to submit for a “bonus account” withdrawal… apparently can’t pull full trading account until April. Awaiting to see if/when it shows up in my coinbase.

**UPDATE** they gave us 72hrs to get our accounts back, sus AF. Mathematically, even if I were to withdraw from the "bonus" account it would take around 40 weeks to recover my initial deposit. And since I can't withdraw my initial deposit until April 1st what does this say?

Bought in Oct 2022, account “grew” for 2 months, created a withdrawal in Dec 2022. Still no deposit, and my account was closed around Jan 23, 2023. As of today 2/7/22 nothing. I followed some friends who had been in for about year and were continually able to make withdrawals. I was aware of the risks and just wanted to give it a try. I’d be willing to add some stars back if and when I see the deposit. But at this point with a 60 day freeze, lack of communication, larger sums of withdrawals getting back to uplines, this is a finance MLM (and pretty common), the mentions of God & faith in notes are major red flags. Reporting to Ic3.gov is an option for all of you who feel slighted, I am waiting it out. Some REITS and funds have lock ups, though NovaTechFX, Ltd doesn’t have mention of this… anything over 3months is unacceptable. We shall see but doesn’t look good.

With all the delays and all this happening. I have faith that the company will bounce right back up and honor those who are vested. Been in Novatech for a few months now and never had an issue. FUD makes people scared and do dumb s**t. Do not let Fear hold you back. Have faith!....

Update. Just got my withdrawal today!

Halted withdrawals. this is a 100% no-no in any investment program. Let's see if they cough up in 60 days as they stated.

I have been with them for almost 2 years. I got paid five to almost 20 times of my investments already. Great company, which is taking actions promptly and I know some people are not happy with restrictions or some temporary limitations. Especially those people who are financially illiterate people who don’t understand market dynamics . Novatech is doing very well. They put a temporary hold on withdrawals from trading accounts to keep the balance. They have been paying even through very bad situations. Wishing all the best.

Delays in payouts, Novatech has become pain to us. We did not sign up for such huge delays and it has been so unexpected. Can't they outsource other companies to assist or collaborate with them if the work load is too much to handle. I have literally been waiting for payout since 3weeks back now. 🚮 Definitely not happy.

For the most part has been great, now they are going to delay withdrawal for 60 days , hopefully they figure this think out. Great company!

DO NOT INVEST. It all sounds great until you request a withdrawal then nothing, I have been 6 weeks for a payout and no one is responding to anything. Prepare to lose your money if you invest with novatech

Lately been really bad, been with them since December 2021 and used to be within 48 hours to get my money from my bonus account not it’s been more then a week since my last bonus withdrawal and cannot get a hold of any customer support, no phone, they don’t answer support tickets pretty sad. I would find other ways to make money. I ended up profiting about 700 bucks of my initial investment which was 1300. Now have about 5k in there which probably will not get back.

Novatech Ltd, Over 380,000 Members WORLD Wide and growing. NOVATECH IS HERE TO STAY! PS: Don't let small minds confuse you, remain steady and let the Lord be your guide.

First, Novatech is quite opaque, which is a bad sign if they are asking you to invest your money with them. However I took a chance and mostly did ok. In fact, I would probably rate them up to 3 stars were it not for the below:

I have currently been waiting for a withdrawal of the remaining $2,000 in my account for over 40 days (their website states 7–14 days for withdrawals). I have contacted their support a number of times with absolutely no response whatsoever (tried both their official support portal and their support @ novatechfx.com email address).

The funds are not in my Notatech account, and not in my own wallet. It's just marked "pending" in their back end system, week after week (after week).

I will note that all of my other withdrawals went fine... But that obviously doesn't make this ok.

Finally, I notice they don't repond to reviews here, but maybe someone on the team will at least see this and help me out.

At this point unfortunately I have to share that my advice is to stay away from this company until further notice. Not only is this withdrawal issue with no support obviously unacceptable, but frankly, they have many of the hallmarks of a ponzi scheme (I was a bit blind to it at the beginning unfortunately, as someone who I trusted referred me to the service). If they are legit, they would need to make some major improvements to their level transparency, customer support, and of course, withdrawals, in order to make them worth considering.

If someone from Novatech responds here and I can get my withdrawal issue sorted out, I would consider editing my review.

I joined Novatech on April 20th 2022. My initial investment has grown to 300% in 9 months. I've been paid every Friday as promised and I've done nothing at all to earn it.
I've made a withdrawal once just to test it out and had my funds within hours.
I hear lots of people moaning at the moment that withdrawals are taking longer than expected, but I understand it's due to the payment software being upgraded as Novatech had outgrown what it was using before... Not ideal that it's hard to communicate with them, but I have to say so far I'm happy to have invested with them, if it carries on like this I'll have my retirement all sorted!

NOTE - people are moaning it's taking longer than it should to withdraw BUT everybody is getting paid. If people weren't getting paid then I'd be thinking very differently...

Had I left my money in a savings account with the bank, I'd have earned a couple of pounds. The rate I'm earning with Novatech beats that by miles....

this company can improve by not being a ponzi scheme

bad company. Now ithdrawal at all

This is the most honest review I can give.
I've been with NovaTech for about a year now and I really haven't had a single issue other than the site being a little slow on Fridays.
In the beginning of my journey with NovaTech i was just reinvesting all of my ROI i was receiving each Friday to let it keep compounding.
In November of 2022 i started making withdrawals from my bonus account and have received every withdrawal I have requested.
Now the past month withdrawals have taken much longer than I would like them to. But I understand there have been issues with implementing a new payment processor and withdrawal requests have increased significantly.
Regardless of these issues I still have received my withdrawals each time i have requested and honestly I don't really have any serious complaints about NovaTech.
I think people just get a little to impatient when everything doesn't workout exactly how they would like them to.
My future plans are to stay with NovaTech because i have faith in this company and the founders.

Customer:
It's clear Novatechfx funding issued or lack of money is for two reason. Now they are playing the blame game because of California and Canada. (1) they are using our 'ROI' to payout their Top recruiters in this scheme. Who have made them tons of money, some are rich.

For the most part they have no problem when it comes to paying out bonus to the top performer from our ROI to some of the leaders in this group and small payout to some as well, I am not going call out the promotors who host the weekly meeting just yet, which have also been few in between weekly meeting since the money stop flowing into Novatech. I wait until the leader's of Team Diamond return from the cruise from which was paid for from members in this group expense. These are God fearing people promoting this SCAM, Problem the average person in Novatechfx is competing with people who are professional MLM recruiters who get their ROI within three months from recruiting, most of them, not all don't give a dam about SCAM or not.

However, people who was told they didn't have to recruit could become Passive investor. Sound Pretty good to me and I join, however once the rug is pulled the passive investor will get stuck with the final bill. Now they're asking us to cancel our withdrawal. The Example we were given. The reason is due to what if everybody tried to withdrawal their money from bank at once. Banks wouldn't be able to payout, even if they are FDIC. LOL, so now they need us to cancel our withdrawal so they can pay us out from our bonus account every week until they catch up or add new money from new people. Due to major money issues in the Platform, I Just hope I get my money out before the major collapse it coming. I will have more to say later if I don't get my money soon.

I can't stand the lack of communication, I put a withdrawal from my trading account on 12/11/2022 I STILL HAVE NOT RECEIVED MY MONEY. AT THIS POINT I WANT TO WITHDRAW ALL OF MY MONEY, I am afraid they will just keep it. They have horrible communication issues. HORRIBLE!!!