STINKY SCAM: Nova Trader review

Nova HoldingsThis review proves that Nova Trader sofware is a scam that abuses binary options. It is presented by Michael Newberry, CEO of Nova Holdings.

The Nova App is a binary options trading software that works completely on autopilot. It allegedly can make you $5250 per day.

And wait for the miracle – Nova is completely free, so you can become a millionaire for free. Really?

Nova App scam

Unfortunately Nova is in reality a scam. Not only it won’t make you a single cent, what’s more, it will lose your own money. So instead of making money, you will lose money.

Michael Newberry scammer

Michael Newberry is a fictitious character. There is no company Nova Holdings with a CEO of this name.

The guy you see in the video is in reality a paid actor who has nothing to do with real binary options trading. He is not a CEO nor a trading software developer.

Fake trading

In the video Newberry shows you a few trades to demonstrate how Nova works. He shows you profits, but they are fake. Look at the picture to see the proof.

When he shows you his account for the first time, you can see the USD/JPY chart with the price 111.459. Later when he shows his account for the second time with a higher balance, the USD/JPY chart is exactly the same and the price did not move a single pip!

This shows that scammers just took a static image and edited the balance, so it is all a big fake.

Fake awards

On the Nova website you will find some alleged awards that this trading software won. But again, everything is fake.

Look at the picture to see that they just took photos of somebody else winning an award in the medical industry, it has nothing to do with financial trading!

Fake testimonials

The typical scam element that is not missing with Nova, is fake testimonials. They hired some paid actors to lie about their experience with this software.

You cannot trust a single word of what they say, they are just actors who are saying what they get paid for.

Nova Trader scam

And finally we also tested the Nova App to see how it is built. What we have seen is a well-known scam software used by binary options scams only.

On the picture you will see examples of other scams based on this exact same software, like Epix Trader, Fintech Profits and Elite Gold.

We get a lot of feedback from real users about this app and it is all negative, so we know that Nova App is losing money in real trading.

The truth – how it really works

Newberry is not hiding that the first thing you will have to do after registering is to deposit money with his broker. It is a broker that you cannot chose and that is not regulated!

Behind this you will find the real purpose of the Nova App, which is to earn an affiliate commission to scammers for referring you to a certain broker and making you deposit money. It is that simple.

But if you do it and let Nova Trader trade with your money, you will lose.


Nova Trader is a dirty scam designed to lose your money in trading with a worthless app. So stay away from it!

If you want to see how real money can be made in trading, try a free binary options demo account with a regulated broker.

No free app will make money for you. You have to learn and build a profitable strategy on the demo, only then you can start investing your own money.

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