How long has NovaTech been in business?
NovaTech is a legally registered Hedge Fund company offering investment options in crypto and Forex trading and has been in business since July 25th, 2019.
Is NovaTech an incorporated business?
Yes, NovaTech Advisors, LLC. is a Florida limited liability company organized as of July 25, 2019. They also have a legal business established with licenses in St. Vincent and the Grenadines.
There are articles and videos stating that NovaTech is a scam. Is that true?
Those articles and videos are done by individuals that have never been a part of NovaTech and are simply publishing false reports as click bait to lure you to their content. Almost all the negative reviews are from people assuming the worst and have done zero research.
What types of trading strategies are used by NovaTech?
The Trading Advisor will use a combination of momentum models, technical and fundamental indicators and portfolio construction rules to construct the Client’s portfolio. The strategies seek to reduce trading and to stay fully invested in trends until the trends no longer show superior trend strength when measured against cash or other cryptocurrencies.
What is a PAMM Account?
PAMM stands for percentage allocation management module, also known as percentage allocation money management. A PAMM account is a unique product that allows investors to earn without having to trade. You can invest by depositing your funds into a NovaTech account, who receives a percentage of the profits they earn from trading with your funds as a reward.
Is there a monthly fee for me to have a NovaTech PAMM account?
Yes, all accounts with a balance under $25,000 are charged at $25 per month account management fee, however, the fee is taken from your return on investment.
Can I remove my money any time I want from my NovaTech account?
Yes, unlike many investments, you are free to withdraw any or all of your funds from NovaTech. However, during the first 90 days there is a 15% fee if you withdraw funds from your trading account, but not your bonus account.
Does NovaTech guarantee a return (ROI) on my investment?
No hedge fund or investment brokerage offers guaranteed returns on investments and if they do, you know they are fraudulent. However, they do have a proven history of outstanding earnings, which are no indication of future earnings.
Does NovaTech report to the IRS or withhold taxes on our gains?
No, NovaTech is not required to report users activity to the IRS and it is up to each account owner to report their profits once they withdraw to their crypto exchange and convert to USD.