7.8/10
(33 qualified reviews)
US Traders
  • Interest rate on funds
  • Bonus offers
  • Trading contests
  • Trading by telephone
  • Affiliate program
  • Islamic accounts available
  • Company Finpark Ltd.
  • Founded in 2014
  • Offices in
    • China
    • Russian Federation
    • United Arab Emirates
    • United Kingdom
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4 (Limited with 14 days of inactivity)
  • Account currencies
    • Euro
    • Russian rouble
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • FSC (BVI), SIBA/L/14/1082
  • Website available in
    • English
    • Indonesian
    • Russian
  • Support available in
    • English
    • Russian
  • Support methods
    Show support methods Hide support methods
  • Trading server time zone GMT+3
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Margin call level 50%
  • Stop-out level 25%
  • Number of currency pairs 32
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:700
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 32
  • History
    Show history Hide history
View contract specifications

Reviews

33 reviews of NewForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Singapore.

I trade at newforex for year and half. I withdraw my earned money without problems, they let people trade. So company has money. They don’t need others. Here you can trade without problems and nerves. I advised newforex to my brother and friend. I wouldn’t recomend anything bad. Broker works on high level, during these moths I didn’t have any problems with order execution or withdrawals. Last withdrawal was on webmoney at the start of the month - 900$. Everything went smoothly.

, Russia.

Response to shabeenasunil:

Dear client! As I learned in the Financial Department the cause of the problem was found and today it will be solved. The official response you will receive an email with finance@newforex.com

Best regards,

Anna Mon,

NewForex spokesperson

, India.

mytrading a/c.7115056.

I deposited the money to new forex(through pay co.)But they didnot give to my trading a/c.I'm several times email to finance and support department, only support department response my email but the answer almost always same as.Soon' and be patient ... We are working on this problem at the moment. We will try to fix it as soon as possible'Our technical department is working on this. I thought that they are scam..

, Germany.

A lot of controversial reviews, I want to leave my opinion too. I trade not for money but more for interest. I like it especially when I gain. My fellow invited me to NewForex. After the first depisit I got good bonus +30% which was very handy I should say. I’ve already worked out my deposit and now boost it. I trade on Grade, have several active trades, hope to withdraw profit at the end of the week. Broker meets my requirements.

, Ukraine.

I’m novice but decided to study everything. At newforex i’m since last year. I’m not waiting for fast and easy money. Btw on newforex website they’ve got necessary articles for novices. I learned there that it’s better not to trade against market. It’s direct way to lose money. And also you shouln’t compeletely rely on advisors and only take into acount their forecast and many other things. I don’t believe that you can become rich in sec in Forex. We invest small sums and wins also small. But as additional income it go well. Once a week I withdraw around 200$. I use their promotion 30% for every deposit, it increase your trading balance and profit. Without bonus you would have less money.

, France.

I want to say some words about newforex trading. Firstly, if you treat it as luck/bad luck, then you’re likely to lose your deposit and not once. Trader should work in the market and not play. The market is quite predictable, you should only study literature plus listen to tips of experienced traders. It’s important how long you’re at the market. You need at least a year of experience to understand how it works. You will have losses and you should accept it due to lack of experience and not as cheating actions of broker. You should definitely have trading strategy, entering the market whenever you want is the right way to losing money. I trade with newforex for 2 years and use Stochastic+RSI. I earn not much 300-400 bucks but due to quite good workout and total amount of positions my stable profit from such trades is around 1000-1500 bucks. I get my money fast, NewForex doesn’t have delays. I always take 30% bonus, it boosts balance.

, Hong Kong.

I trade with Newforex for a long time. They offer no-deposit bonus $50 when you sign up.Experienced traders can estimate the service level and test their strategies and advisors. For novices it’s a perfect opportunity to try their skills or just practise in real trading. Of couse you can’t immediately withdraw bonus but after fulfilling some conditions you can withdraw profit or transfer all bonus funds to your account. Another important factor for me when I choose a broker is technical support.Technical support of newforex works 24/7, you can get answers to any questions. Trading is on platform MT4.

One more thing to add. I don’t trade with advisors, prefer to test different strategies manually, luckily many are available on the Internet. No-deposit bonus 50$ I transfered to my standard account getting finally more than 200$ on balance less than in a month.

, United Kingdom.

From my experience of work with NewForex I can say that it’s very smooth to work with them than with other brokers. You don’t worry that your money won’t be withdrown. Some brokers have problems with it. They will withdraw everything and very fast. Sometimes they check if you trade honestly. If you don’t try to cheat, themn no problems. I’m seven months with them. Every month I get 1000-3000 bucks. They withdraw all money.

, USA.

My account number № 745678. It’s pleasant and convenient to work with newForex. Low level of enterance, fast registration. What I like is

that you can start trading 10 min after registration. I often see competitions for clients. Consultants are always online, once called at 3am, they

helped me with account. They always answer, help and don’t give lip. My extra income is round $1500.

, Indonesia.

My fellow advised me this website. I start from scratch, a lot of questions and here I can find many useful information. Convenient navigation,

pleasant service, discreet design. Great that support works 24/7, special thanks for instant support. I try, I learn and I start trading with this

service!!! It functions fast and effectively.

, indonesia.

Just amazed with its trading server performance. Closing order on my Live account no requote even in volatile market. its based on my real experience trading with this broker. my Robot Trading also work great there

, Indonesia.

I like their bonus system. If you trade sensibly, get good profit.The main thing is to understant terms. First I couldn’t figure everything out. Alina from technical support helped me a lot.

, Thailand.

For my account, ID: 64570497

I've not gotten my withdraw money yet since 09Mar2016 till now. I contacted to finance department but they informed that "It takes 1-5 work days for Financial security service to check trading account's statement."

1-5 work days. Now it's already 10 days.

, Russia.

I know the history of Arcadia from Ukraine. During the discussion on forexsystems he admitted to not just one or two, but "23 deals lasting less than two minutes."

The rules stated that due to systematic violations of the rules and 23 is the systematic, NewForex may terminate the service on account of the offender.

That's exactly what they did. These sections of the regulation were taken into account.

By agreeing to trade with them, Arkady fully accept all our terms and conditions. And now you not happy that they follow them. In addition, the company returned all its funds in spite of his violation of their rules and obligations.

, Australia.

an update to my comment.. Now it has been sorted...Thank you NewForex, now I am back to trading with you..

Well done NewForex... really I like their stable Metatrader platform.

Cheers

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