Broker Review

Unauthorised Firm Details
Name: Bynovafx.net
Website: bynovafx.net

BYNOVA presents itself as a trading/investment platform under the domain bynovafx.net, claiming to provide services in Forex & cryptocurrency trading, high-returns, etc. For example:

• Domain registration records show that bynovafx.net was registered in March 2025.

• The company claims addresses in the UK: “81-83a Allerton Road, Mossley Hill, Liverpool L18 2DA” and “5 Piccadilly, Manchester, M1 3BR”.

• The UK regulator Financial Conduct Authority (FCA) has issued a warning that BYNOVA may be providing or promoting financial services without their permission.

Red flags & concerns

Here are the key issues that raise serious doubts about BYNOVA’s legitimacy:

1. Lack of regulation / licences

   • The FCA specifically lists BYNOVA as an unregulated firm.

   • A legitimate broker in the UK would need FCA authorisation; BYNOVA does not appear to have this.

2. Very recent domain / no track record

   • Registration date of March 2025 suggests it’s very new, which is common in many scam operations.

   • Little to no verifiable history of operations, audits, or transparent company information.

3. Suspicious promotional tactics

   • Promises of unrealistically high returns with minimal risk. (As per scam-analysis websites)

   • Reports of aggressive pressure tactics: encouraging larger deposits, “VIP account upgrades”.

4. Issues with withdrawals & transparency

   • Numerous reports that once users attempt to withdraw funds, THEY are blocked, asked for extra fees, or the platform becomes unresponsive.

   • Masked domain registration information, hidden ownership.

5. Regulator warnings

   • The FCA added BYNOVA to its blacklist of unregulated firms.

   • Security-analysis sites (for similar domain variations) give very low trust scores.

Final verdict

Based on the available information, BYNOVA (via bynovafx.net) exhibits multiple strong indicators of a high-risk or likely scam operation. Lack of regulation, very recent domain registration, the absence of transparent operational history, and regulator warnings all point toward caution.