250 brokers
22537 reviews
Broker
Broker
Adviser

Independent rating of Forex broker NewForex

Broker ceased to exist

6/10 (votes 100)

On-line since
2014
Country of origin
Россия
Regulation
BVI Financial Services Commission (Certificate No. SIBA/L/14/1082 for FinPark Ltd.)
Payment options
Visa, Master Card, Skrill, WebMoney, Qiwi, Yandex Money, AlfaClick Bank transfer
Minimum account size
$1
Minimum lot size
0.01
Leverage
1:1000
Spreads
от 2 пунктов
The NewForex broker founded in 2014 has offices in more than 150 countries of the world, including Moscow, London, Dubai, and Hong Kong. During its operation, the broker has proved to be a reliable partner that provides its customers with quality service. Investors can trade the following assets: 25 currency pairs, metals (gold and silver), and CFDs on shares of 28 companies. NewForex does not charge any commissions and fees. Besides, it offers fixed spreads from 2 points. To process orders, the broker uses an instant execution type.
A broad range of its trading solutions are suitable for both experienced traders and beginners in the Forex market. Customers have access to scalping, advisors, hedging, as well as Islamic accounts. Trading with the company is conducted through the most popular trading platform MetaTrader 4.


NewForex offers two types of trading account which correspond to a certain type of trading. An MT4 First Stream account with a minimum deposit of $1 will be perfect for beginners of the financial market. Experienced traders will see value in an MT4 New Grade account. This account requires a larger deposit, but its owners receive interest of 2.5% per annum credited to their free margin.
NewForex runs contests and various campaigns, as well as gives bonuses on a regular basis. For example, one of the broker's special offers is a 30% bonus on every deposit.
The company pays particular attention to training of its customers as well as provides them with analytical reviews and the latest economic news. The broker's support service is available 24/7.
The Feedback section will help you make an objective assessment of the NewForex company.


Advantages:
Low minimum deposit.
No commissions and fixed spreads.
A 30% bonus on every deposit.
Instant execution of orders.
Appropriate for options trading.

Comments

Author: Yazan Date: 2021-04-26 09:21:23 (UTC+3)
NewForex is providing me with a very pleasant trading experience. I have been with them for more than five months already and I can say that they platform runs smoothly and the spreads are tight. I often trade the major pairs and I have no trouble doing so even during high market volatility.
Author: Lutvi Date: 2021-04-23 04:55:11 (UTC+3)
After six months joined NewForex, I finally managed to stable profit. The profit amount is not the same as I expect. I think it depends on my skill, but NewForex helps me have a stable profit until now. Their platform is good, with fast execution and fixed spreads, and it's going same as in demo account. Customer support always willing to helps me. I feel satisfied with their services. I recommend NewForex
Author: Kumi Date: 2021-04-12 07:28:55 (UTC+3)
I have no problem regarding funding with them, They have a fast service and really nice customer support, they are willing to help you anytime. I have experience with other brokers too, but not as good as New Forex. It's safe and I haven't had any complaints when trading. Even as long as I trade I get a profit, on average more than 45% that I get. All processes are very easy and do not take time.
Author: Raider Date: 2021-04-09 06:19:45 (UTC+3)
I am using my Qiwi account to fund my trading account at NewForex. So far, the trading experience is really great although there are times when the platform would lag. This happens rarely so it is not that bothersome. Also, I still make winning trades most of the time despite it.
Author: Realyn Date: 2021-04-07 06:57:17 (UTC+3)
One of my friends has been trading with NewForex for a few years now and she had constantly encouraged us to start investing as well. A couple of months ago, I finally had the courage and I opened an account with this broker. I am so pleased with my experience because everything fits so well. Their services are outstanding.
Author: Frank Date: 2021-04-07 01:47:23 (UTC+3)
They are very friendly in serving clients. No wonder they always get positive comments. I have also felt the good service from them. Most of trading strategies that they provide to me was give some benefit, and instead made me win day after day. The spreads of some trading instruments like EUR/AUD, NZD/USD, GBP/JPY and USD/CAD are very competitive. 75% of my money have been invested with this company and the result of my investment was very impressive. I'm planning to open more accounts with New Forex.
Author: Tosin Date: 2021-03-25 06:22:57 (UTC+3)
Starting an account at NewForex is convenient and fast. With the multiple payment options, it is not difficult to deposit funds to the broker. I was also willingly assisted by a representative. I have been trading for two moths now, and my experience is really pleasant.
Author: HansFX Date: 2021-03-23 02:19:07 (UTC+3)
I just joined NewForex for three months, and I never get into a significant problem. Trading with them is so comfortable, and they provide useful news and analysis which help me for my trading. I didn't make a withdrawal yet, but the deposit process is fast and efficient. The client supports really representative and always handling me nicely. Absolutely, I will continue to trade with NewForex.
Author: Zachary Date: 2021-03-11 06:35:19 (UTC+3)
When I first saw NewForex, I was captivated by their website. It seemed professional and sophisticated. Having a low minimum initial deposit also made my decision easier to make. There is just one thing that I hope they can improve on. It will be so much better if they can respond to messages more quickly.
Author: Slefi Date: 2021-03-09 00:28:43 (UTC+3)
It has been 6 months with New Forex platform and I don’t have any issues on it. Personally, I would not invest big money with such fresh. I think deposit required by this broker also good and affordable since it allowed minimum amount as low as $1 and I still remember to make deposit at only $50. I’m scalping that pair and New Forex just give me low spread for this pair from 15-25 points using 5 decimal point unlike other broker charge this pair up to 40 point. So far their platform work in good condition and no slippage occur so far. I’m not planning to find another broker since this broker give me the best spread for my favorite pair and so far there is no broker can beat their spread.

Leave a comment

empty
Start trading
without any investments and risks
With new Startup BONUS 1000$
empty
Get Bonus
55%
from InstaForex
on every deposit