Brokers  /  NCY

NCY

Severe risk
🇳🇿 New Zealand · 5-10 years · since 2018-06-25 · NCY
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Independent ratingshow third parties score this broker
WikiFX1.61/10
Trustpilot/5
Forex Peace Army/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Scam Brokers” in industry watchdog records
  • 4 user exposure/complaint reports filed
  • Withdrawal complaints in ~150% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints8412%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNCY
Headquarters🇳🇿 New Zealand
Founded2018-06-25
Years operating5-10 years
Employees0
Official websitencyforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSPRInst Forex Execution (STP)575027New Zealand

Review analysis AI

Across 4 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (6 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Hong Kong4

Real user reviews

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About NCY

NCY is a forex and CFD broker based in New Zealand, with records dating to 2018-06-25. It reports oversight from FSPR.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full NCY review