NewForex Review, Rating and Comparison

Overview

NewForex Trading Accounts

Rank
5.71/10
Based on 32 Reviews
Position in Rating
19
Since 19 January, 2016
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (32) «Scam Alert» 0% (0)
Official Name
NewForex
Headquarters
22 Long Acre, Covent Garden, London, WC2E 9LY
Offices in
Russian Federation, United Kingdom, United Arab Emirates, China
Year founded
2014
Official Website
Official e-mail
Phone numbers
+442035196435
 

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.
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Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Max. Leverage
1:1000
Spread:
2.0
Payment Options:
WebMoney, QIWI, Skrill (Moneybookers), Visa \ MasterCard, Yandex Money
Regulation:
FSC
US Traders:
Demo Platforms:
MetaTrader 4
Account Currency:

USD, EUR, RUB

Website Languages:
English, Russian, Indonesian
Support Languages:
English, Russian
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT +2
VPS for Traders:
Not Available
MT4 First Stream
MT4 New Grade
Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Maximum leverage, 1:
1000
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar, Euro, Russian Rouble
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
25
Additional Features:
  • Swap Free
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
10
Maximum leverage, 1:
700
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar, Euro, Russian Rouble
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
30
Additional Features:
  • Swap Free
  • Scalping
  • Expert advisors

NewForex Reviews

avatar
06 September, 2018

Samuel from Czech Republic

8

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!

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14 August, 2018

Alexxxo from Romania

3

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.

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14 June, 2018

Radi Abdul from Tajikistan

7

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.

avatar
07 March, 2018

Melissa Callaud from Bulgaria

4

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.

avatar
22 February, 2018

Xian from China

1

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

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03 March, 2017

George from India

9

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.

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30 November, 2016

noname from Brunei Darussalam

1

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.

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22 November, 2016

Johanes from Sweden

2

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.

avatar
11 October, 2016

Taylor from Canada

10

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.

avatar
03 October, 2016

JOJO from Malaysia

1

Nice new contest, overall good broker - low spreads, fast execution, good for new trader. Excellent Respond and best service. User Friendly website also...NEW FOREX

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