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Based on my close reading of the available details, Nova Finance advertises a very wide range of leverage ratios across its various account types and product offerings. For top forex pairs, I found that Nova Finance can provide leverage up to 1:20,000 in certain account situations, while in other configurations, maximum leverage numbers range from as low as 1:1 up to 1:2000 or 1:500. This inconsistency in leverage offerings was unusual for me as most established brokers tend to post clearer, regulator-guided leverage limits by asset class. When evaluating a broker’s leverage policy, I always consider regulatory oversight first, as excessively high leverage—especially without responsible risk controls—can dramatically increase both risk of loss and the potential for sharp market moves to wipe out capital. Despite the impressive headline figures, I noted that Nova Finance lacks verified licenses and has been flagged for suspicious regulatory status and scope of business. This means there is no external protection for traders, and the use of ultra-high leverage becomes far more concerning without that framework. I could not identify distinct policies on how leverage differs for non-forex assets, which further adds to my apprehension. In my experience, the best practice is to avoid brokers where leverage limits are unclear or subject to abrupt changes, and where there is a lack of reputable regulatory oversight. As a cautious trader, I see high leverage from an unverified entity as much more of a warning sign than an opportunity.