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NewForex

NewForex
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

NewForex is a Forex Broker . It started opening it’s doors to clients in 2014 , establishing it’s offices in Belize , UK, Russia, United Arab Emirates, Hong Kong. NewForex (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $1.

broker1} offers accounts in: USD Account, EUR Account, RUB Account with fixed spreads. The lowest spread offered in EuroDollar is 2 pips.
It’s platform (MT4 Desktop/Mobile/iOS/Android ) can be traded on Desktop|Mobile|iOS|Android| , it offeres a no feed. The platform is set on GMT+3 and it offers a 4 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 1000 : 1 Mini account

On it’s platforms: MT4, you can set Trailing Stoploss, No OCO orders, One click trading, furthermore it offers Mobile trading, No Webtrading and 25 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, Commodities.

broker1} (Forex Broker) is regulated by FSC BVI, and is a Independent broker..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card, WebMoney, Skrill, Yandex Money, QIWI, Alfa-Click

Withdrawals from your FX account:Bank Wire, Credit Card, WebMoney, Skrill, Yandex Money, QIWI, Alfa-Click

NewForex - Specs

Broker

Broker Type Market Maker
Broker Country Belize
Regulation FSC BVI
Indipendant Broker Independent broker.
Year in Industry 2014
International Offices UK, Russia, United Arab Emirates, Hong Kong

Account

Accept US Clients No US clients
Mini account deposit $1
Standard account deposit $10
Trading account currency USD Account, EUR Account, RUB Account
Leverage Account 1000 : 1 Mini account
Minimal size lot 0.01 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Credit Card, WebMoney, Skrill, Yandex Money, QIWI, Alfa-Click
Withdrawal method Bank Wire, Credit Card, WebMoney, Skrill, Yandex Money, QIWI, Alfa-Click

Costs

Commissions no
Costs & Spreads fixed
Costs/Lowest spreads on EURUSD 2 pips

Trading

Premium trading no
Scalping yes, scalpers welcome
Hedging
EAs allowed yes

Platform

Trading platform type MT4 Desktop/Mobile/iOS/Android
Platform time zone GMT+3
Decimal pricing 4 digits
Trailing stops Trailing Stoploss
OCO orders No OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 25 fx pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Commodities

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests No

NewForex - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection