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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 : Nasirul. Date and time of NewForex review : 2020-09-18 03:43:17
I was supposed to have a bonus from NewForex when I signed up. But there had been a problem and it was not recorded in my account. That was a little regretful but opening an account with them is the best decision I had. I can say that I no longer need the bonus because I am able to earn well with this broker. They have an amazing trading platform and they provide materials to further enhance our knowledge. Even if I did not get the bonus, it was still worth it to open an account here.
Author of NewForex review : Derek. Date and time of NewForex review : 2020-09-17 06:49:04
Their client support should be trained well to give fast respond and feedback when required. They are a strongly regulated broker and they also offer very low spreads. With their 2 pips spread, I got $550 per week. So I have trusted New Forex and hope they will keep good service. While almost 10 million traders are tradings with them, really they have given many services and stable platform.
Author of NewForex review : Bualia. Date and time of NewForex review : 2020-09-07 06:09:28
I started with NewForex 3 months ago with $500 capital. First months I lost about $197 but it was my mistake because my strategies did not worked. When I realized that, I implement my new strategies and this time I got success. After 3 months, I got $745 as profit. End of the last week I decided to with my profit of $680 via Yandex Money, it just take less than about 3 hours after confirmed from my e-mail. So I can tell you this very honest broker.
Author of NewForex review : Nique. Date and time of NewForex review : 2020-09-07 03:22:10
Currently, I am trading with 0.01 lot size. I am only a beginner and I have a small capital so I don't want to put too much risk in my account. But even if I trade on a small lot size, I can still see that I am profiting. In terms of profit rate, I would say that it is more than I expected. And of course, this is all thanks to the stable trading platform of NewForex. I am able to trade smoothly.
Author of NewForex review : Tovino. Date and time of NewForex review : 2020-09-03 03:24:11
I have been trading with NewForex for a year. They have good platform for trading and I earned profit many times. But sometimes they have delays for execution and slow to process my withdrawal. I hope they will fix these issues properly. But overall, I like to trade with them, I still using them for my trading.
Author of NewForex review : JackThomas. Date and time of NewForex review : 2020-08-24 14:19:30
I've found fixed spread and perfect execution on the MT4 platform with NewForex Brokers. As I can apply scalping trading strategy in the risky market, I have $100 investment in a mini account and I can make $120 profit so far. On their platform, I have found all major news notification and review, which needs for a scalper. Really I am profitable with NewForex broker.
Author of NewForex review : Janrel. Date and time of NewForex review : 2020-08-24 04:17:23
I love my overall trading experience at NewForex. The only problem that I can really see is the processing of withdrawal requests. For the record, the broker releases fund with complete amount but it is sometimes delayed. Good thing is that the company would always update us in the status of the withdrawal and that gives us assurance. I hope they resolve this soon because they are already amazing with the other aspects of trading.
Author of NewForex review : Tiecon. Date and time of NewForex review : 2020-04-19 10:03:34
Hello! I am Rafsan I have been trading with NewForex for last Four months. So far been very impressed by their fixed spreads. I see EURUSD spread as low as 2pips and other majors and even non-majors are most of the time less than 2pips. Very good environment for trading. Everything works excellent, while trading all goes well. TP and SL and pending orders very exact so far. Sometimes I chat with their live support and every time they help me about analysis and get answers to my questions.
Author of NewForex review : Sandy. Date and time of NewForex review : 2016-10-18 10:45:29
I started trading from NewForex, and I deposited 20$. I traded on cent account stream, I was learning. I traded with mixed results, later lost everything. I was upset, I didn’t trade on real account for long time, only on demo but kept studying. I called and consulted NewForex managers. They helped me with advice. After 3 months, I returned to trading on real account. At the moment, all my money that I deposited I withdrew on my wallet and withdraw only profit. What’ts more they give you no-deposit bonus. A trader can withdraw everything he earns with it. And I did it. Their withdrawl is without any problems and fairly. I withdrew already 5000 bucks. New Forex is an honest and reliable broker. I've been happy with my trading for almost 2 years in this industry. And I highly recommended this broker because of their remarkably service.
Author of NewForex review : TraderGonzalez. Date and time of NewForex review : 2016-10-18 07:07:11
I have been a customer one year now and I'm 100% satisfied with NewForex . In the beginning I deposit 150$, with this money I started to trade. Per a months on average I earn 500-600 dollars. Sometimes less, it depends. Trading is good, orders are executed without delay. The company always withdrawal of funds within 1 or 2 days. Great company, recommend to everyone.

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