NewForex – Forex Broker review

NewForex review and Rating
NewForex review

Name: NewForex review

Description: NewForex established in 2014 and traded Forex, commodities, and CFDs. The local FSC licenses it. Furthermore, NewForex has its offices in British Virgin Isles, Moscow, London, Hong Kong, and Dubai.

70%
70 of 100 1 review
  • Support - 80%
    80%
  • Platform - 70%
    70%
  • Insights - 70%
    70%
  • Leverage - 60%
    60%
  • Commission - 70%
    70%

Summary

New Forex offers the MetaTrader 4 and mobile forex trading top platform. NewForex.com offers over 20 forex currency pairs, commodities, and CFDs for your personal investment and trading options. The MT4 First Stream account can be opened with $1.00 but a $25.00 deposit is recommended to start. This account has a fixed spread of 2 points. Leverage is from 1:1000 – 1:100. An interesting feature at NewForex is its trading session map. NewForex offers a wide choice of interesting articles on a variety of topics. Read NewForex forex broker review, rating, regulation, and detailed information for their services below.

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User Review
2 (2 votes)
Comments Rating 0 (0 reviews)

Pros

  • Choice of Trading Accounts
  • Demo Account
  • High leverage levels offered

Cons

  • Not regulated
  • The only desktop MT4 platform

NewForex is an online forex broker established in 2013. NewForex offers some best most traded currency pairs for your personal investment and trading options. NewForex has offices in the UK, Russia, China, and the UAE.

NewForex has two account options: Cent & Standard accounts. Both of them offer high leverage levels, low minimum initial deposit, commission-free trading, fixed spreads, instant execution, and micro trade-able lots on the MetaTrader 4 platform. Besides, Standard account holders may benefit from 2.5% interest on deposits per year.

The company behind the brand is FinPark Ltd. which holds a license from the British Virgin Islands’ Financial Services Commission.

Company NewForex
Founded in 2013
Offices in UK, Russia, China, UAE
Payment options Visa, MasterCard, Webmoney, Skrill, Qiwi, PayCo, Netteler, Epayments, MegaTransfer
Demo platforms MetaTrader 4 (expires after 14 days of inactivity)
Account currencies USD, Euro, Rub
Currency pairs
AUD/USD EUR/USD
GBP/USD NZD/USD
USD/CAD USD/CHF
USD/JPY AUD/CAD
AUD/CHF AUD/JPY
AUD/NZD CAD/CHF
CAD/JPY CHF/JPY
EUR/AUD EUR/CAD
EUR/CHF EUR/GBP
EUR/JPY EUR/NZD
GBP/CHF GBP/JPY
NZD/CAD NZD/CHF
NZD/JPY USD/DKK
USD/HKD USD/NOK
USD/SGD USD/ZAR
EUR/NOK HKD/JPY
Regulated by FSC BVI
Website available in English, Indonesian, Russian
Support available in English, Russian
Support methods Email, Forum, Phone, Skype
Trading server time zone GMT +2

NewForex Features

  • The interest rate on funds
  • Bonus offers
  • Trading contests
  • Trading by telephone
  • Affiliate program
  • Islamic accounts available

Account Types

  • First Stream Account
  • New Grade Account
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