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NewForex review

On-line since: 2014
Country of origin: -
Regulation: Finpark Ltd
Payment options: Visa, MasterCard, Skrill, WebMoney, Qiwi, Yandex-money, wire transfers AlfaClick
Minimum account size: $1
Minimum lot size: 0.01 Lot
Leverage: 1:100 – 1:1000
Spreads:  from 2 points

About the company:

NewForex appeared on the market in 2014. It specializes in convenient trading conditions and online trading courses. Moreover, the broker advises on deals hedging and offers attractive affiliate programs.
The company’s clients may open two types of trading accounts: First Streem and New Grade. The MetaTrader 4 platform provides traders with 25 currency pairs, futures on metals as well as CFDs on shares of 28 companies.
Traders, who have already registered with NewForex emphasize several important advantages: unlimited initial deposit, access to swap-free accounts, 24-hour client support service, 30% deposit bonus, analytical reviews and the latest news on the forex market.
Below, you can find comments about the broker as well as read about its pros and cons. Evaluate the quality of the company’s service and please leave a comment in the specialized section.

NewForex 9/10 (votes 4825)

Web-site: NewForex

Comments Interested in other brokers?
Author of NewForex: Richard | Date 2017-08-15
This broker definitely won't you make to waste your time. I've learnt a lot with it because it provides good educational material and the best trading conditions. I started just with $10 but the managers offered me an initial deposit of $100 even without verifying my account! I mention this because I know that it is necessary this requirement in other brokers, but this one doesn't request for it. I used its service of managed accounts to invest that bonus because at the beginning I wasn't very sure about trading by myself, that's why I decided to put my money in this service. The manager trader I chose was very profitable. I invested $100 and in a week, he generated $60. I used this service for long until I was sure that I could trade by my own. When I did it, I started with EURUSD and USDJPY and my earnings were good too. Now I trade with other pairs and with Gold and Oil occasionally. Deposits and withdrawals are fast to process, just a few hours.
Author of NewForex: ghad_nhask | Date 2017-08-08
It's good to be back again! I respite for almost a month due to my long vacation with my family. When I checked my trading account, my money worth $251.32 are still intact there. They do not reduce my investment and this is the reason why I really really trust them. Two hours ago, I tried to buy Gold at a lower price of 1260.34, EURRUB at 70.85, and USDRUB at 60.03 and it seems that this broker never changed. My orders were executed on time. Tomorrow, I'll try to sell all of them at a higher prices. Anyway, I also add some trading investments via Skrill worth $70.
Author of NewForex: Amanda | Date 2017-08-01
I have had an awesome experience while trading with New Forex till date. Five months when I started trading with this broker, I started with a small amount of money $20, because of the fear of losing my money just to test the platform. I have been trading on major currency pairs, especially EUR/USD, USD/JPY and GBP/USD, and my trading has been executed quickly without any delay, although there was a time I experienced the platform freezing which did not take long. I will say this is a good broker .
Author of NewForex: Joakla | Date 2017-07-27
I am one of the Newforex's client and I feel that it was a fair brokerage. I got a little issue with the my documents being verified because they were so strict but it was resolved later. The tutorials, webinars was not in depth, but it was informative and I learned a lot. Also in Newforex, it takes about 3 to 5 seconds to execute an order and for that to happen which about 50% of the time you end up with different result from the screen price, sometimes it work in your favor but this is not the way you want to plan your strategy, you can't gamble and hope for the best. Many currency pairs here, I really like that because there are many commodity stocks. I'm rating this broker as good, but i'm new in forex and this is my first real account, so these facts should be took in advise as reading my review.
Author of NewForex: Jenny | Date 2017-07-18
I have been trading with Newforex for about 5 months, their platform is excellent and trading conditions very good, I was able to install my EA perfectly and since then, I have been making profitable deals. I usually trade with majors like EUR/USD - USD/CHF and some others, spreads are competitive. So far, very satisfied with this broker.
Author of NewForex: Quitofx | Date 2017-07-13
I trade with NewForex for the past couple of months and till now I am ok with them, but I called them so many times regarding the bugs during news feed which happen in the morning. Otherwise the platform works fine during the day, without re-quotes. I deposited 50$, and made my first month a profit of 450$. The withdraw process is easy, I withdraw money with Skrill, but the approval it takes up to 2 working days. I trade mainly currency pairs EUR/USD, GBP/EUR, EUR/CHF, EUR/JPY, USD/CAD, USD/AUD. Sometimes if there is strong signal on the market I trade also Gold to have more diversity on the portfolio. The support team is nice and helpful if they want :).
Author of NewForex: Lake | Date 2017-06-22
I think it is worth to share about newforex since I also worked with their platform for almost 7 months. Along my journey with them I could say the service was okay and not bad. The important is Metatrader 4 platform worked very well for me unlike past experience was really bad with other forex broker. Normally I will use SL and TP setting to help me organize more profitable trades and thanks that orders were executed properly without so much delay and interruption. Besides, there was no-requote or some kind of price manipulation toward market price in fact, it maintain as a real price. Sometime I compare with other broker quotation and it was definitely true and okay. I still remember first time deposit is $200 and I am so thanks I could earn profit with that small deposit. Also, I have experienced few times withdrawal and great it was very fast and efficient. Normally less than 2 days money already credited. Qiwi system also nice and very advisable to use it. I wish newforex maintain their good service and for sure I will keep on trade with you all. Thanks!!!
Author of NewForex: Kamuifx | Date 2017-06-16
I am a client of NewForex for a couple of months and till now I am pleased with their services. The MEtaTrader 4 platform works fast in execution, I never had delays. The broker is not manipulating the prices as I saw with other brokers. My first deposit was 150$ and the transfer was made with Skrill. I have a cent account. Regarding the profit I make around 800$ trading EUR/USD, EUR/GBP, USD/DKK, USD/NOK, USD/CHF, USD/JPY and Gold when there is strong signal. For EUR/USD I use one bot which make profit automatic for me and I have time to focus on the other pairs. Till now I like the broker.
Author of NewForex: Kaffy | Date 2017-06-09
I am a trader with New Forex, initially when I joined this broker, I had no plans to stay long on the platform, because of some comments I read online, so I dposited $50 for a start, within 1 week I made profits of about $200, which is okay for me, now I will fund my account to start trading big.
Author of NewForex: charlie | Date 2017-06-06
currently newforex become my favorite broker after my friend introduced it to me a few months ago. To be honest, at first I’m doubt about this broker if they can meet my expectation or not but they really did a great job by fulfill my expectation in having a good broker. Trading platform that they provide is the best one which I can say that stable to use for my trading activity and I live their speed for execution that fast in execute my instant orders. Spread for major currency also acceptable which start from 2 points and usually major currencies would be my favorite pairs to trade because of the movement is not to fast or to slow and I can compared my analysis with others trader. Deposit and withdrawal doesn’t give me more time to wait to be credited into my trading account or bank account which took within 3-5 hours for withdrawal and 1-2 hours for deposit and my favorite method of payment would be via skrill. Overall new forex is a reliable broker and also they are regulated broker from Finpark Ltd.
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