Investment Scam MLM or Pyramid Scheme


About NovaTech FX

NovaTech claims to be a crypto and forex trading platform offering MLM benefits. Cynthia Petion founded NovaTech in 2019. It offers two types of accounts: PAMM and MT5.

Joining Fees of NovaTech

Yearly Membership charge: $49.95 and $2.95 monthly Trading Account Charge: $99 and $25 monthly

NovaTech Package

Builder: $99 – $499 Bronze: $500 – $2499 Silver: $2500 – $4999 Gold: $5000 – $9999 Platinum: $10,000 – $24,999 VIP: $25,000 – $99,999 President: $1,00,000 or more

NovaTech Compensation Plan

1. Direct Referral Bonus 2. Indirect Referral Bonus 3. Fast Track Bonus 4. Check Matching Bonus 5. Residual Income 6. Rank Achievement Bonus 7. Profit Sharing

Is NovaTech FX Authorized?

NovaTech FX is also offering investment services that require approval from financial regulators in various countries, which NovaTech certainly does not have.

Is NovaTech a Scam?

Yes. It is. Although NovaTech is a forex and crypto trading platform but your capital (money) may be at risk.