NewForex - broker reviews

NewForex

On-line since: 2014
Country of origin: -
Regulation: BVI Financial Services Commission, legal entity is Finpark Ltd.
Payment options: Visa cards, MasterCard cards, Skrill, WebMoney, Qiwi, Yandex.Money, bank transactions via AlfaClick Bank
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:100 to 1:700
Spreads: from 2 pips

NewForex is a company offering trading services since 2014. The broker provides various trading solutions to both professional and beginning traders. NewForex allows its clients to apply scalping, expert advisors and hedging. Besides, traders can make use of Islamic accounts and leverage from 1:700 to 1:1,000. Trading is performed via the MetaTrader 4 trading platform.
Traders have an opportunity to choose a trading account which suits their trading style best.
Newbies can open the MT4 First Stream account depositing only $1. Experienced traders can use the MT4 New Grade account. This account type requires bigger deposit, however, its holders receive 2.5% interest annually on free margin.
Trading with NewForex, its clients get access to the following trading instruments: 25 currency pairs, metals (gold and silver), CFDs on shares of 28 companies. Spreads are fixed from 2 pips. Both types of account are commission free. The broker offers traders an instant order execution.
NewForex regularly holds contests and campaigns and gives out bonuses. One of the broker’s special offers is bonus 30% for a deposit. Moreover, the contest prize pool is constantly increasing.
The company’s clients can also benefit from educational materials and analytical reviews. NewForex provides its clients with round-the-clock support.
NewForex reviews in the Comments section will help you make an unbiased opinion on the company.


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