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Independent rating of Forex broker NewForex

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.
Author of NewForex review : Gony. Date and time of NewForex review : 2020-11-26 01:40:57
I just started trading with NewForex for about three months. I began to trade with $100 initial deposit. I know about NewForex through the internet, and I'm interested in their platform because of the low minimum deposit of $1. Now my account has increased to $255, mainly trading on CFD. I hope they work in the support department because they are often slow to respond. But overall, I like to trade with them, and I still recommend NewForex.
Author of NewForex review : Jeonhil. Date and time of NewForex review : 2020-11-25 05:16:02
Whenever I attended seminars on financial investment, NewForex is often mentioned. Since professionals trust this broker, I decided to start an account with them as well. So far, the experience is great. Platform is stable and the interface is really impressive. As of now, I was already able to earn more than a hundred dollars and this is more than what I expected.
Author of NewForex review : Yvzkadir. Date and time of NewForex review : 2020-11-23 07:51:26
Really one broker can fulfil my trading demand on their platform in the forex market so far. Yes, it is NewForex broker and I am profitable on their MT4 platform, where execution is too fast, so I can place an order at my desired position and I didn't get any negative slippage so far. In their platform, I have found the best signals too. which encourages my account to $545 balance in a standard account. So I am satisfied with NewForex Broker.
Author of NewForex review : Rushel. Date and time of NewForex review : 2020-11-13 02:38:27
They also regularly posts analysis on the currency pairs which is very useful in our trading activities. I say Newforex MT4 Platform is the best social trading platform with many features. Besides I have found instant execution, live price chart and the trade analytical review by their expert on the platform. As like $100 startup, where I got this bonus in my live account and I can trade without any risk in the market. While I have earned few profits by using it, now I need to invest $50 to continue this account. So I have trusted New forex and hope they will keep good service. Overall I am satisfied in forex trading life with NewForex.
Author of NewForex review : Marcus. Date and time of NewForex review : 2020-11-11 05:50:29
NewForex is a decent Forex broker. I am having a great trading experience with them now but I notice that there are times when the trading fees would go high. Since the spread is not fixed, it changes constantly. I just hope that the fees don't become too ridiculous.
Author of NewForex review : Castiel. Date and time of NewForex review : 2020-10-29 04:21:25
I appreciate how responsive the customer support of NewForex is. From the time I started my account until now that I am trading with them for almost a year, their customer service never disappointed me. If anything, they get even better as time pass by. They respond promptly and they make sure to clarify everything.
Author of NewForex review : Yilin. Date and time of NewForex review : 2020-10-27 01:53:26
I have been trading with NewForex for six months and I had never encountered any extreme issue in my trading activities. Overall, I like to trade with them because they provide good services and great tools that are profitable. I will keep up with NewForex and enjoy my trading with them.
Author of NewForex review : Annette. Date and time of NewForex review : 2020-10-15 06:11:25
So it has been half a year since I started trading at NewForex and so far, I am not disappointed with my experience. There are some little issues but they don't affect my trading activities so it's okay. For example, the orders are sometimes not executed instantly but the price is still close to what I want so it's still tolerable.
Author of NewForex review : Eiji Kawa. Date and time of NewForex review : 2020-10-14 02:46:30
They have different platforms to trade, instant execution. It is very important for to trade with fast order’s execution, because I trade using scalper’s strategies. I am running my strategies without any disruption. Newforex gives all the coustomers wide range of services and the best trading terms. I like to trade most liquid pairs as EUR/USD and GBP/USD, USD/JPY and never exceed 0.5 lot size and 30 pips stop loss. I always get advantage from your trading here.
Author of NewForex review : Sally. Date and time of NewForex review : 2020-10-02 03:45:21
One of the greatest things that has happened to me this year is opening an account at NewForex. I have been with this broker for more than half a year already and so far, my account is looking really good. Thanks to their stable platforms, I am able to make decent and profitable trades. I also appreciate that they are a regulated broker.

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