Brokers  /  NewFX

NewFX

Severe risk
🇬🇧 United Kingdom · 2-5 years · since 2023-07-04 · NewFX
Unregulated
Visit site ↗
2.8/5
★★★★★ ★★★★★
4 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.41/10
Trustpilot2.8/5
Forex Peace Army—/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
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 age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)5310%
Real-user sentiment508%

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 nameNewFX
Headquarters🇬🇧 United Kingdom
Founded2023-07-04
Years operating2-5 years
Employees0
Official websitewww.newfxtrading.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—
Registered address
33 Cavendish Square, Marylebone, London W1G OPW, United Kirgdom

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.09)

Across 3 recent Trustpilot reviews, 100% are 1–2 star.

0
Period:
Where reviewers are from
🇮🇹 IT3
Positive vs negative · last 2 months Pos Neg
Aug
Oct

Real user reviews

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About NewFX

NewFX is a forex and CFD broker based in United Kingdom, with records dating to 2023-07-04. Critically, we could not verify any active forex-trading license for this broker.

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

On Trustpilot, NewFX holds a real-user score of 2.8/5 across 4 reviews.

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