Brokers  /  NYGCM/NYFX

NYGCM/NYFX

Moderate risk
🇺🇸 United States · 5-10 years · since 2020-09-14 · NYFX Financial Services LLC
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46
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~113% of recent reviews
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 & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)7210%

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 nameNYFX Financial Services LLC
Headquarters🇺🇸 United States
Founded2020-09-14
Years operating5-10 years
Employees0
Official websitenygcm.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments61 FX pairs13 Commodities15 Indices300 Stocks5 Bonds8 Cryptos

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
SERCDerivatives Trading License (EP)032Cambodia
FCAForex Execution License (STP)764353United Kingdom

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
ECNUp to 1:1000$1,000from 0.0 pips$7 FX, $12 Metals / Lot
VIPUp to 1:1000$1,000from 0.6 pips--
FIXUp to 1:1000$10from 1.5 pips--
VARIABLEUp to 1:1000$10from 1.0 pips--

Review analysis AI

Across 23 recent Trustpilot reviews, 91% are 1–2 star. The single most common complaint is being unable to withdraw funds (26 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong13
Vietnam5
Singapore2
Taiwan1
Australia1
Malaysia1
Positive vs negative · last 2 months Pos Neg
Mar
May

Real user reviews

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About NYGCM/NYFX

NYGCM/NYFX is a forex and CFD broker based in United States, with records dating to 2020-09-14. It reports oversight from FCA, SERC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full NYGCM/NYFX review