Newforex

Accepted currencies: USD, RUB. EUR. XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000.

Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

Newforex review, rating and comparison - is newforex.Com scam or good forex broker?

RECOMMENDED FOREX BROKERS

Trading accounts & conditions

Trading account	minimum deposit	min. Trade size	maximum leverage	spreads
cent	$1	0.01	1:1000	2.0 pips, fixed
standard	$10	0.01	1:700	2.0 pips, fixed

Clients of newforex have two account options: cent & standard accounts. Both of them offer high leverage levels, low minimum initial deposit, commission-free trading, fixed spreads, instant execution and micro tradeable lots on the metatrader 4 platform. Besides, standard account holders may benefit from 2.5% interest on deposits per annum.

Overall, newforex’s trading conditions seem reasonable: you may start with just $1, and its fixed spreads are average – 2.0 pips on EUR/USD. In comparison, another offshore broker, fxchoice, offers average spreads of 1.2 pips on its commission-free accounts. In general, floating spreads tend to be tighter than fixed ones, however they widen during news releases, for example. For further information and comparison, you may look up the real-time spreads of 15 leading brokers here.

As this broker offers only fixed spreads, instant execution and on-deposit bonus, we suspect that it acts as a market maker.

The company. Security of funds

Founded in 2013, newforex is a broker that offers trading in more than 30 currency pairs and commodity and metals cfds on the popular MT4 platform. It has offices in hong kong, dubai, london, and moscow and it looks like it originates from russia.

The company behind the brand is finpark ltd. (according to the client agreement on the broker’s website), which holds a license from british virgin islands’ financial services commission.

Although offering regulated status, the BVI commission allows companies to be entirely based overseas and does not exercise effective supervision. So, we do not recommend investing with offshore brokerages, as it is extremely risky – these companies can easily manipulate the platform, delete your winning trades, and do whatever they like with your money. You’d better choose among brokers regulated by the FCA, ASIC or another trustworthy regulatory body.

Trading platform

Newforex offers its clients the most popular software in the forex industry - metatrader 4. Unfortunately, there is only desktop version available.

The MT4 terminal is a perfectly equipped - it provides the necessary tools and resources to analyze price dynamics of financial instruments, make the trade transactions, and create and use automated trading programs (expert advisors).

This broker offers 30% bonus on each deposit, which can be withdrawn after certain volumes are traded.

Methods of payment

Newforex offers its clients the following payment modes: credit/debit card (visa, mastercard), bank wire transfer, and e-wallets skrill, neteller, webmoney, QIWI and payco.

Accepted currencies: USD, RUB. EUR.

Conclusion

It looks like newforex is another offshore forex and CFD broker and supposedly a market maker that supports the MT4 platform. Here are, in a nutshell, the pros and cons of newforex:

Pros	cons
commission-free trading	not regulated
high leverage levels offered	only desktop MT4 platform available
MT4 available	market maker model
bonuses available

Latest news about newforex

FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS mastercard is also available for faster deposits and withdrawals.

Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

Newforex review

Overview

The startup forex broker has been running its business in online trading since 2013 aiming at the international market and covering 150 countries of the world.

Details

broker	newforex
website URL	newforex.Com
founded	2013
headquarters	35 barrack road, third floor, belize city, belize
support number	+7-800-555-91-75
support types	chat, phone, skype, email
minimum 1st deposit	1$
minimum trade amount	0,1$
bonus	2 bonus types
leverage	1:1000
spread	from 2 points
free demo account	open demo
regulated
regulation	FSC BVI (№ SIBA/L/14/1082)
account types	demo, micro, standard, SWAP-FREE
deposit methods	bank transfers, credit and debit cards VISA, mastercard, webmoney, NETELLER, QIWI, skrill, etc.
Withdrawal methods	bank transfers, credit and debit cards VISA, mastercard, webmoney, NETELLER, QIWI, skrill, etc.
Number of assets	50+
types of assets	forex currency, metals, stock CFD
account currency	USD, EUR, RUR
US traders allowed
mobile trading
overall score	3/10

Full review

And yet, is newforex a scam or a respected company you can trust to? We answer this question in the broker detailed review.

Terms of trade with newforex

Thanks to newforex it’s easy to start your way in the fascinating world of the financial trading opportunities: the trader faces the minimal market entry threshold, trading with no spreads or with the fixed ones at option, the best swaps, the wide range of tools, automated trading, hedging, a great number of bonus offers and contests.

The particular attention is given to continuous growth, implementation of new technologies making trading more effective. The broker prepared everything for forex trading to be easy and safe due to application of up-to-date software, trusted data centers, secure data transmission channels. The safe and functional work in financial markets involves the use of the best – so the broker chose the time proved terminal metatrader 4, the most popular around the world, distinguished by simple interface, further capabilities for technical analysis performance and strategies test, able to serve millions of traders at a time. МТ4 fits perfectly for any training level: it has all tools required both for newcomers and professional market players.

There is a large number of free training materials available on the official website (articles, webinars, videos, forum). The latest daily analytics prepared by professional company staff is the inherent trading element: to get income, you are supposed to be up to speed on the market dynamics and so on. One factor underlying the broker success is its members, which know the ropes. Traders may apply to 24/7 support, ask any questions for trading terms and service and be sure that the will get the quality information. The fact that the quick customer service is not a formal approach, but something much more important, is the company specific feature and calling card.

Deposit and withdrawal

For comfortable trading newforex provides its user with the convenient deposit and withdrawal procedures. To make the deposit, you need to sign up by broker, contribute the sum after you chose the appropriate way for the money transfer (minimal deposit – 1$) of the extensive list of payment systems:

Bank transfers,

Credit and debit cards (VISA, mastercard),

Electronic payment systems (webmoney, NETELLER, QIWI, skrill etc.).

The funds for trading become available instantly after payment. The withdrawal is possible for authenticated and verified traders.

Complaints about newforex

Despite of the fact that the broker is yet a very startup, there are the references about it in internet already and they differ. At that, there are much more positive comments inspiring confidence. More often than not the following things are pointed as strength: the openness and transparency of the broker providing the latest analytics, specific trading regulations, steady terminal operation, timely technical support operation, favorable trading terms, (no comission, fixed spreads, minimal entry threshold), bonuses, quick transactions completion, helpful forum materials, option to trade advisers.

Among negative moments users point the lame connection with the server, long support service responses, terminal deadlocks. Besides there is the newforex representative anna mon working on forums assisting users in resolving their issues. Please point that there are enough negative comments in internet, too, which look more like «paid», as their reality isn’t confirmed after manager specified requests.

For you not to have issues with the broker, ask your account manager about the most accurate terms for account verification, bonus use, trading regulation and withdrawal aspects. The company is yet a startup, it still needs to win its audience, which means there will be more references and now it’s early to reach conclusions.

If we find complaints about newforex, we will post it on social media. Follow us to be well informed:

Is newforex a scam?

Despite of newforex to be among the startup brokers today and its capabilities in trading yet to be shown, it already managed to put its best foot forward and win the users confidence. There is enough references about the broker in internet, most of them are positive, which describes it well. The company’s representative works on forums actively and properly, assisting users in resolving their emerged issues. There is also a great number of references in internet, which seem to be a «paid» spam, as their authors don’t provide the information about themselves.

The user is engaged in forex trading by broker, the customers point its reliability, favorable trading terms (fixed spreads, low entry threshold etc.) – all this also describes well the successful startup company, distinguishing it from scam artists (truth about forex). Setting its paramount goal the provision of the updated and safe service newforex meets it successfully, proving its concern on establishing itself firmly in the financial services market, build with the user the relationship of trust.

On a separate note is the application of MT4 trading terminal, which fits both for newcomers and professional traders, providing not only further trading capabilities, but also performance safety and stability with no system failures. Bonuses, affiliate program, helpful demo account operations, quick registration, training materials, up-to-date analytics, which helps you to get income, – these things were also commended by users and prove the well considered policy of cooperation with user, unlike fly-by-night brokers.

The informative official newforex website presents the maximum information: about the company, terminal, accounts, trading terms, bonuses, certification. The possession of a license is an essential step of the company towards the user trust. Shall we consider newforex a scam lottery? We believe it’s early to reach any conclusions at this stage the company, but any trader may protect himself dealing with his account manager properly.

Newforex broker regulator

Newforex is officially registered in belize, has the license for brokerage activity FSC BVI (№ SIBA/L/14/1082), securing the safe and trouble proof trade.

Newforex bonuses

Any trader of the company may get 2 types of bonuses:

The gainful broker bonus will let you get extra 30% to each replenishment sum. You may take advantage of the offer several times, there are no limitations for amount of funds, which the trader plans to contribute, this let you get more bonuses. Please ask your account manager about the bonus conditions.

The gainful broker bonus will let you get extra 10% to deposit for 3 references about the company. The maximal bonus amount is 100$, it is credited no matter of trading to be effective or not, and may be withdrawn under conditions. Please ask your account manager about the bonus conditions.

Summary

The trading forex broker newforex is one of the startup, but quite successful companies, which started its way in trading very rapidly, certainly may claim for the leadership. The provision of the up-to-date service, reliable software, safe operation, along with the professional support service, analytics and training materials – there is everything to suggest that the broker makes its work a success, setting goals and meeting them skillful and effective. A great number of positive references is also the evidence of the properly chosen development strategy. Users point the steady terminal operation, easy trading etc., which commands the company.

The company’s representative works on forums actively, proving that the broker is concerned about the customers’ opinion. It is to be hoped that the company, which successfully started in the financial services market, will keep its rapid growth, traders will face favorable contests, new trading options. It is also true that newforex didn’t yet have chance to shine, it’s early to consider it a fraudulent company. Yet the traders’ references we expect relating to this review, may not only change the broker’s ratings, but caution market players against possible troubles, too.

Newforex review

Review

Newforex is a forex broker domiciled in the british virgin isles with offices in moscow, london, hong kong and dubai. It opened its doors to business in 2014 and trades forex, commodities and cfds. It is licensed by the local FSC.

Accounts

There are two different trading accounts at newforex. The MT4 first stream account can be opened with $1.00 but a $25.00 deposit is recommended to start. This account has a fixed spread of 2 points. Leverage is from 1:1000 - 1:100.

Newforex account types

The MT4 new grade account requires $10 to start but here too, a $25.00 is recommended. There is a fixed spread of 2 points and leverage is 1:700 - 1:100.

Both accounts offer instant execution, swap-free accounts and a 50% margin call level. In addition, traders can trade with micro or standard lots, unlimited access to metatrader4 and expert advisor trading, free regular intra-day market updates and technical analysis, multilingual customer support, a personal account manager and more.

The MT4 first stream account accepts USD cents, EUR cents, RUR kopecks while the MT4 new grade account can be opened with USD, EUR, RUR.

A demo account is provided as well.

Features

An interesting feature at newforex is their trading session map where traders can move a mouse over the map and click on one of ten locations and participate in the session being held at that time.

Newforex trading sessions chart

There is also a listing of the holidays throughout the year when forex markets are closed to trading.

The trader’s calculator offers the calculation of necessary pledged demands to open positions, calculation of profit on positions, calculation of partner’s fee from trades of referrals and the calculation of position parameters such as spread, swap, pip price, etc.

Newforex trader's calculator

A nice feature at newforex is their forum where anyone can participate in discussions with other account holders and benefit from the community bulletin board where information about forex or other brokers is posted in real time.

Even non registered account holders can sign up for the forum.

Deposits/withdrawals

There was no mention of how funding or withdrawals were made but credit cards and bank transfers are the most popular methods.

Education

Newforex offers a wide choice of interesting articles on a variety of topics. There is also a section with recommended reading material--along with their reviews—which covers many financial topics.

Newforex educational articles

Forex news is posted daily and company news is posted as it happens.

Newforex market news

Bonuses/promotions

There is a $50 welcome bonus for anyone opening a new account at newforex regardless of the amount of money deposited. The bonus is given as a credit of the (real) trading account.

At the time of writing this review there was an additional bonus of 30% on every deposit. This bonus cannot be in awarded to accounts where a no-deposit welcome bonus was given.

Newforex also offers a participation promotion wherein a trader can win extra money according to the amount of money traded. Prizes of up to $250 go to the top 25 participants and participation is free.

There is no FAQ section and no glossary.

Customer support

According to the website, newforex representatives are available to help traders 24/7 via chat or telephone to any of the broker’s locations. Email communication and skype are also offered. I sent a question to a representative on chat and the response was immediate and informative.

Conclusion

Newforex is certainly a new broker on the block. The website is easy to navigate and there is a choice of two different trading accounts. But there are some important features missing and trading can only be done on a web based platform to trade on which is not always accessible to traders.

Features

There are some nice features at newforex. The ones that stand out are the forum and the trading session map. The trading session map which is a highly interactive way of tuning in to all the online sessions offered by the broker throughout the world while the forum offers traders a way of socially communicating with other registered traders. In addition, the numerous educational offerings at newforex are of high quality and informative.

Platforms

Metatrader 4

The only platform available to traders at newforex is the MT4 which is the most popular platform used by forex traders. The platform offers the bells and whistles of the MT4 operating system for windows.

No mobile platform was offered at the time of this review.

General information

Account information

Type of broker : market maker

U.S. Clients allowed :

Minimum deposit : $1

Maximum leverage : 1:700

Commissions / spreads : 2% fixed spread

Account 1 : MT4 first stream

Account 2 : MT4 new grade

Demo account :

Islamic account :

Segregated account :

Managed accounts :

Institutional accounts :

Deposit options :

Withdrawal options :

Instruments traded

Etfs :

Cfds :

Commodities :

Metals :

Stocks :

Oil :

Gold :

Binary options :

Indices :

Trading platforms

Windows

Trading signals :

Charting package :

Market analysis :

Chart trading :

Automated trading :

Scalping :

Hedging :

Mobile alerts :

E-mail alerts :

Trailing stops :

Guaranteed stop loss :

Guaranteed limit orders :

Guaranteed execution :

One-click execution :

OCO orders :

Interest on margin :

Web-based trading :

Mobile trading :

Customer support

English

Support hours : 24/7

E-mail support :

SMS support :

Chat :

Pros and cons

User reviews

Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our user reviews tab. Your email address will not be posted.

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Newforex

Overview

Newforex trading accounts

Newforex is a forex broker that provides 30 currencies and cfds on commodity and metal markets on the popular metatrader 4 platform. Offices are located in hong kong, dubai, london and moscow.
Features of the platform:

Trading a wide range of financial instruments: forex, metals, CFD and regardless of the size of the deposit, each trader receives high-quality service, timely technical and consulting support.

Two account options: cent & standard accounts (high leverage, minimum minimum initial deposit, interest-free trading, fixed spreads).

30% bonus on each deposit

Payment methods: credit / debit card (visa, mastercard), bank transfer and electronic wallets skrill, neteller, webmoney, QIWI and payco.

Currencies: USD, RUB. EURO.

Rating chart

Detailed information

Newforex reviews

I have been working with this broker for more than 4 years and the bank account. No problems have occurred. Delay within an hour has recently hung up the terminal.

Samuel from czech republic

I've been working on this platform for almost a year now and i recommend it to everybody, i improved my deposit from $ 200 to $ 3,700!

Everyone chooses a broker for themselves. Personally, i didnt like this broker, but more I dont like how the orders are executed, up to 15 seconds. Ive only been here a month.

Radi abdul from tajikistan

When I wanted to start trading, I visited many other companies. And decided choose it and just opened a demo and then the same call. I just talked to them for interest. I think such brokers are just amazing. They called me only so that I sent them some photos of documents - according to local rules and laws supposedly needed.

Melissa callaud from bulgaria

Before start create the account with NEW FOREX, better tested the broker for a long time, read the contract, the regulations, the specification for the tools. And you can understand that this broker hasnt very serious indicator of achievement.

A broker called newforex does not like its customers! They do everything to eventually blame the trader! They play one game. They are interested in the client losing his deposit

Very nice broker, it has fast platform and good ping with my terminal, so it's perfect for my strategy. Also flexible leverage and good spread.

Noname from brunei darussalam

29/11/2016,I made a $30 deposit via payco gateway by using mastercard to account but still not credit to balance.I sent many support tickets but no response.I regret for using thie service.I should have read other comments before making any deposit to this company.

I decided to try something among the least discussed broker in the net in hopes that it would get me a good honest broker. And you know what? Yes, right: then don't pay me my money fro two weeks already after I made +50% in a couple of days. I think I'd better forget about my funds than racking my nerves about it further.

I trade in newforex more than 6 months. It is my first broker. I searched for good and reliable company where i can try to trade forex. At first I traded on demo. Now i use real account. I take part in action and get 30% from amount of deposit and i am satisfied.

Studying in padua

Teaching and research

Business and networking

About us

Going global

Study in english

Exchange students

Graduate programmes

Visiting the university

NEWFOREX

NEW WAYS TO VALUE AND MARKET FOREST EXTERNALITIES

Reference: 243950

Call: FP7-KBBE-2009-3

Theme: kbbe

Scientist: davide matteo pettenella

Department: land, environment, agriculture and forestry

UNIPD: participant

Total cost: 3,552,017 €

Eu funding: 2,712,501 €

Email: davide.Pettenella@unipd.It

Project description

Many forest goods and services are not marketed. Methods for assessing these values are incomplete, and so is an understanding of who benefits
from them. Forest owners are not rewarded for the value of these externalities and may make decisions providing less externalities than optimal. We can increase welfare, if we develop ways to enhance their provision. The objectives of NEWFOREX are:

• to provide methods for valuing forest externalities, which handle the jointly produced externalities in an integrated way. Specific attention will be given to the question: who benefits? This is important as it is among the beneficiaries that likely buyers are to be found.

To develop a methodology for assessing the cost of provision for externalities. We take into account trans-boundary effects of forest management, and transactions and opportunity costs.

To assess several market-based methods for enhancing the provision of forest externalities, including e.G. Payment schemes provision, certification or (re-)definition of property rights.

A method for choice and design of market-based methods will be provided. Method: we will test methods and tools and undertake analytical, applied research on a set of empirical surveys among beneficiaries (buyers) and forest owners (providers). These will take place in 5 EU case studies and a developing country case study. They will focus on key externalities: carbon sequestration, biodiversity protection, watershed services and recreation. The surveys will be designed to allow for comparative analyses and detailed results supporting the achievement of the objectives. Addressing the demand and supply side simultaneously is a unique and innovative stroke. Results: new and improved methods, comparative analyses and guidelines of great value will result. We communicate the gains in knowledge using seminars, popular articles, guidelines and best practice examples across europe. An easy-access guiding tool is compiled.

Coordinator: kobenhavns universitet

Participants: european state forest association, metsantutkimuslaitos, centre tecnologic forestal de catalunya, universität hamburg, institut national de la recherche agronomique, european forest institute, confederation europeenne des proprietaires forestiers ASBL, center for international forestry research, uniwersytet warszawski, università degli studi di padova

Newforex

Anna mon

Active member

I greet forum users and offer you an official thread of newforex company!

Newforex group renders brokerage services in forex market. The company is oriented toward the international market and currently covers 149 countries. The main office of newforex is situated in the UK (london) with additional offices in hong kong, dubai and moscow. The company strains after constant development and implementation of innovative approaches making trading highly convenient and transparent for our clients, that’s why the motto of our company is “newforex — a new vision of forex trading”.

The list of trading instruments includes forex (currency), commodities (metals) and CDF. At the moment 32 currency pairs are available for our clients, 4 metal pairs and 28 CDF instruments on futures and shares. The list is constantly expanding and newforex offers the most profitable spread on them.

Anna mon

Active member

The best execution broker in 2015
newforex company received an award in nomination for «the best execution broker in 2015» according to showfx world company.

Thanks to the launch of up-to-date products and efficient work of newforex brokerage division, financial operations of our clients switched to an entirely new level which was highly appreciated by an international expert bureau.

We are grateful to our clients and partners for productive and mutually beneficial cooperation with newforex. We will continue aspiring to new achievements in the sphere of brokerage services with permanent improvement of their performance.

Anna mon

Active member

Anna mon

Active member

Newforex traders gained from brexit

The global market keeps evaluating the UK referendum results devoted to leaving the european union. The decision of the country triggered a huge volatility in the forex market.

Before brexit a lot of companies rendering brokerage services temporarily increased margin requirements for currency pairs with GBP and EUR. In some companies the margin jumped by 20 times. However, newforex did not change its trading conditions and provides all means for profitable trading.

Thanks to forecasts of our analysts and consultations of personal managers a lot of newforex clients opened large trades against the pound sterling in the pair EURGBP. The risk was certainly high, such trades might lead to considerable losses. Now we are glad to inform that they had luck and managed to boost their deposits.

Congratulations to all those who took advantage of the UK referendum and achieved enormous success together with newforex!

Anna mon

Active member

An updated version of advisor pattern graphix is available for downloading

Dear newforex clients and partners!

We are glad to present you the updated version of advisor pattern graphix. The enhanced version analyses market and identifies figures in the trading terminal metatrader4 with improved accuracy and urgency and advanced set of individuals settings makes trading process more comfortable and profitable. Trading with advisor is increasingly accelerating and becoming more popular among traders. Using of updated pattern graphix means to keep up with modern tendencies of trading development. Trading on forex will be even easier and more interesting with improved version. You may get more detailed information, download and install the updated system of technical analysis in a special section advisor pattern graphix on the website of newforex.

Dominic

Member

Anna mon

Active member

Anna mon

Active member

The new forex company wishes you a merry christmas!

Dear clients and partners of the company,

The newforex team warmly compliments you on the coming christmas! We wish you from the bottom of our hearts to have a great mood and steadfast faith in rosy future. We are proud of your strides and are always glad to help with implementation of your plans. We are sure that all your dreams will come true and you will always have luck on your side. We wish you a good stroke of business and never-ending profit!

Information bureau of newforex group

Anna mon

Active member

The newforex company wishes you a happy new year!

Dear clients and partners of the company,

The newforex team warmly compliments you on the coming new year! On this bright and magic holiday we wish you pleasant emotions and joyful mood. We hope that 2017 will become the year of new achievements and bring only joy and happiness to all of us! We wish you not to lose self-confidence and not to be afraid of difficulties. Let all tribulations bypass you! We wish you to be on a hot streak all the time! Let the new year bring you joy and material wealth!

Best regards,
information bureau of newforex group

The change in the tender schedule for the period of new year’s celebration

Dear clients and partners of the company,

The schedule of newforex dealing department:
december 30, 2016 — early close of trading session. Trade will be performed on all groups of trade instruments in the regular mode till 19:00 northward timing-wise (GMT+2).
January 2, 2017 — late opening of trading session. Trade will be resumed on all forex tools from 9:00 northward timing-wise (GMT+2). Trade on group of the metals and CFD tools won’t be made.
January 3, 2017 and the next days — trading sessions will return to normal schedule. The changes in the timetable carry an informational nature and can be corrected.

With best regards,
newforex group department of information

Newforex

Overview

Newforex trading accounts

Trading a wide range of financial instruments: forex, metals, CFD and regardless of the size of the deposit, each trader receives high-quality service, timely technical and consulting support.

Two account options: cent & standard accounts (high leverage, minimum minimum initial deposit, interest-free trading, fixed spreads).

30% bonus on each deposit

Payment methods: credit / debit card (visa, mastercard), bank transfer and electronic wallets skrill, neteller, webmoney, QIWI and payco.

Currencies: USD, RUB. EURO.

Rating chart

Detailed information

Newforex reviews

I have been working with this broker for more than 4 years and the bank account. No problems have occurred. Delay within an hour has recently hung up the terminal.

Samuel from czech republic

I've been working on this platform for almost a year now and i recommend it to everybody, i improved my deposit from $ 200 to $ 3,700!

Everyone chooses a broker for themselves. Personally, i didnt like this broker, but more I dont like how the orders are executed, up to 15 seconds. Ive only been here a month.

Radi abdul from tajikistan

Melissa callaud from bulgaria

A broker called newforex does not like its customers! They do everything to eventually blame the trader! They play one game. They are interested in the client losing his deposit

Very nice broker, it has fast platform and good ping with my terminal, so it's perfect for my strategy. Also flexible leverage and good spread.

Noname from brunei darussalam

Newforex

Broker	newforex
company	finpark LTD
year since	2014
headquarters	belize
regulation	BVI

Newforex

Credit/debit cards

QIWI

Skrill

Webmoney

Wire transfer

Yandex.Money

Account types:

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

2015-03-30 first listed on earnforex.Com.

2018-11-28 forexmart broker acquired newforex company.

Minimum account size $10

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 2

Scalping allowed

Expert advisors allowed

Trading instruments

Reviews

33 reviews of newforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

I trade at newforex for year and half. I withdraw my earned money without problems, they let people trade. So company has money. They don’t need others. Here you can trade without problems and nerves. I advised newforex to my brother and friend. I wouldn’t recomend anything bad. Broker works on high level, during these moths I didn’t have any problems with order execution or withdrawals. Last withdrawal was on webmoney at the start of the month - 900$. Everything went smoothly.

Response to shabeenasunil:

Dear client! As I learned in the financial department the cause of the problem was found and today it will be solved. The official response you will receive an email with finance@newforex.Com

I deposited the money to new forex(through pay co.)but they didnot give to my trading a/c.I'm several times email to finance and support department, only support department response my email but the answer almost always same as.Soon' and be patient . We are working on this problem at the moment. We will try to fix it as soon as possible'our technical department is working on this. I thought that they are scam..

A lot of controversial reviews, I want to leave my opinion too. I trade not for money but more for interest. I like it especially when I gain. My fellow invited me to newforex. After the first depisit I got good bonus +30% which was very handy I should say. I’ve already worked out my deposit and now boost it. I trade on grade, have several active trades, hope to withdraw profit at the end of the week. Broker meets my requirements.

I’m novice but decided to study everything. At newforex i’m since last year. I’m not waiting for fast and easy money. Btw on newforex website they’ve got necessary articles for novices. I learned there that it’s better not to trade against market. It’s direct way to lose money. And also you shouln’t compeletely rely on advisors and only take into acount their forecast and many other things. I don’t believe that you can become rich in sec in forex. We invest small sums and wins also small. But as additional income it go well. Once a week I withdraw around 200$. I use their promotion 30% for every deposit, it increase your trading balance and profit. Without bonus you would have less money.

I want to say some words about newforex trading. Firstly, if you treat it as luck/bad luck, then you’re likely to lose your deposit and not once. Trader should work in the market and not play. The market is quite predictable, you should only study literature plus listen to tips of experienced traders. It’s important how long you’re at the market. You need at least a year of experience to understand how it works. You will have losses and you should accept it due to lack of experience and not as cheating actions of broker. You should definitely have trading strategy, entering the market whenever you want is the right way to losing money. I trade with newforex for 2 years and use stochastic+RSI. I earn not much 300-400 bucks but due to quite good workout and total amount of positions my stable profit from such trades is around 1000-1500 bucks. I get my money fast, newforex doesn’t have delays. I always take 30% bonus, it boosts balance.

I trade with newforex for a long time. They offer no-deposit bonus $50 when you sign up.Experienced traders can estimate the service level and test their strategies and advisors. For novices it’s a perfect opportunity to try their skills or just practise in real trading. Of couse you can’t immediately withdraw bonus but after fulfilling some conditions you can withdraw profit or transfer all bonus funds to your account. Another important factor for me when I choose a broker is technical support.Technical support of newforex works 24/7, you can get answers to any questions. Trading is on platform MT4.

One more thing to add. I don’t trade with advisors, prefer to test different strategies manually, luckily many are available on the internet. No-deposit bonus 50$ I transfered to my standard account getting finally more than 200$ on balance less than in a month.

From my experience of work with newforex I can say that it’s very smooth to work with them than with other brokers. You don’t worry that your money won’t be withdrown. Some brokers have problems with it. They will withdraw everything and very fast. Sometimes they check if you trade honestly. If you don’t try to cheat, themn no problems. I’m seven months with them. Every month I get 1000-3000 bucks. They withdraw all money.

My account number № 745678. It’s pleasant and convenient to work with newforex. Low level of enterance, fast registration. What I like is

That you can start trading 10 min after registration. I often see competitions for clients. Consultants are always online, once called at 3am, they

Helped me with account. They always answer, help and don’t give lip. My extra income is round $1500.

My fellow advised me this website. I start from scratch, a lot of questions and here I can find many useful information. Convenient navigation,

Pleasant service, discreet design. Great that support works 24/7, special thanks for instant support. I try, I learn and I start trading with this

Service. It functions fast and effectively.

Just amazed with its trading server performance. Closing order on my live account no requote even in volatile market. Its based on my real experience trading with this broker. My robot trading also work great there

I like their bonus system. If you trade sensibly, get good profit.The main thing is to understant terms. First I couldn’t figure everything out. Alina from technical support helped me a lot.

For my account, ID: 64570497

I've not gotten my withdraw money yet since 09mar2016 till now. I contacted to finance department but they informed that "it takes 1-5 work days for financial security service to check trading account's statement."

1-5 work days. Now it's already 10 days.

I know the history of arcadia from ukraine. During the discussion on forexsystems he admitted to not just one or two, but "23 deals lasting less than two minutes."

The rules stated that due to systematic violations of the rules and 23 is the systematic, newforex may terminate the service on account of the offender.

That's exactly what they did. These sections of the regulation were taken into account.

By agreeing to trade with them, arkady fully accept all our terms and conditions. And now you not happy that they follow them. In addition, the company returned all its funds in spite of his violation of their rules and obligations.

An update to my comment.. Now it has been sorted. Thank you newforex, now I am back to trading with you..

Well done newforex. Really I like their stable metatrader platform.