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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: Madhu Kumar Date: 2022-09-07 09:17:37 (UTC+3)
I have been using NewForex for 5 months now, after having had disappointing occurrence with previous broker, but now I am fully satisfied with NewForex. I am pretty impressed with their referral offer. My referral bonus are credited with in same day and I also get 30% deposits bonus, and. I already refer five of my colleagues and I can get bonus from their trades instantly. In addition, my every friend got $50 as a no deposit bonus. I must say NewForex is honest broker.
Author: Honey Rich Date: 2022-08-24 07:03:43 (UTC+3)
NewForex is a good broker company that has very clear trading conditions, and my experience with this broker is excellent. I've been trading with NewForex for almost a year now. I try some other broker, but I think NewForex has better services because this broker has an efficient and convenient platform. Their speed for execution is the best and smooth to execute even during the economic event that has a high impact on the market. So far I can gain a profit of $300 USD per month, and I can withdraw my profit without any problem as they approve my withdrawal request quickly. They have an experienced staff that will guide me if I have problems during my trading activity. Thanks NewForex for this opportunity.
Author: Helena Date: 2022-08-10 04:14:55 (UTC+3)
Trading with this broker is very convenient and safe. I have done it myself. Of course the broker has given me advice before I trade.I started trading with New Forex Trading 8 months ago. So far, everything with this broker is going great. I made a deposit via Skrill and their system picked it up immediately in MetaTrader 4. I trade majors only, mostly EUR/USD - short term swing trades. My orders get filled immediately, spread is about 1.5 pip. I made a small withdrawal of $750 to see if they would pay to Skrill, and they actually managed to do it. I believe New Forex Trading is an honest broker.
Author: Gelo Date: 2022-08-05 08:14:15 (UTC+3)
'm so happy to trade with NewForex. I'm using their MT4 platform and I got 30% deposit bonus from NewForex. It was easy to avail the bonus, it was credited to my account after one day of validation. They also provide analytical and news, and it's really helpful for me to make a decision for my trading. I'm so pleased with their support team, they are 24 hours available, so I can call them whenever I get into trouble. Deposit and withdrawal also efficient and on time. NewForex is my favorite broker. Their support service is good, fast and efficiently, because they always solve all my problems in a short time.
Author: Vladda Date: 2022-07-22 03:33:51 (UTC+3)
I know NewForex through the internet and I give a try to open an account at NewForex. I don't regret my decision to open an account with them as their services are satisfying. NewForex is not my first broker for forex trading but I decided to continue my trading with NewForex. Their trading platform is working awesome, no slippage, and order execution is instant! NewForex is my favorite broker now.
Author: Ture Date: 2022-07-11 07:27:33 (UTC+3)
NewForex is transparent in their payment to me. Which was processed within 7 hours through the Web Money payment system. I am grateful to them for the $300 no deposit bonus. Everything seems to work just fine, platform stability is very noticeable and support is well mannered all 4 times. I also tried to trade currency pairs EUR/USD, USD/CAD, and GBP/USD. I don’t have any complaints about their service. NewForex is great broker.
Author: Jaeja Date: 2022-06-28 06:28:11 (UTC+3)
I am not having a hard time making profitable trades with NewForex. They have amazing trading services. There's really not much to complain about. They offer quality services, which are turning out to be really profitable for me. They also provide many tools and great educational resources. To sum up, I found everything I need with broker. But I still want to point out that the speed of response in their live chat is still a bit slow. I only hope they can improve on that.
Author: NuTrader Date: 2022-06-14 06:01:38 (UTC+3)
I opened an account at NewForex 3 months ago. I started with a small capital and then started adding more because I saw how efficient and convenient it was to trade with the NewForex broker. Their trading platform is very easy to use and the trading fees are not high. My account manager is also friendly so I can easily ask him for help when I'm having a bit of trouble with my trades. Their service is has a good quality. NewForex is a trusted broker that I can rely on.
Author: Dante Date: 2022-05-30 08:37:11 (UTC+3)
NewForex is a reliable broker. They are regulated and I can say that they can really be trusted. However, their trading platform is not perfect. It still needs a lot of improvement as it often lags. Delays in order are frequent because of this as well. But in terms of trustworthiness, then this broker is on top of the list.
Author: Rico Date: 2022-05-13 06:54:54 (UTC+3)
I have been trading with NewForex since last year. The trading experience has always been pleasant and comfortable. The platforms have good quality and easy to use, the customer support team is reliable, the most important is their trading cost is low, and the withdrawal and deposit system is efficient. For every trade, I get a profit of more than $500. They are good broker and also profitable. They also don't hide commission, I would recommend NewForex for a good trading experience.

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