NEWS Forex Broker
Basic Information
Japan
15-20 years Regulated in Japan Retail Forex License Suspicious Scope of Business Medium potential riskCompany profile
Rating Index
Pros
Wide range of trading instruments available, including forex, stocks, and cryptocurrencies.
User-friendly trading platforms with advanced tools for both beginners and experienced traders.
Competitive fees and commissions, making it cost-effective for frequent traders.
Cons
Limited customer support options, which may lead to delays in resolving issues.
Some brokers may have regulatory concerns, affecting trust and reliability.
Inconsistent trading conditions across different regions, which can impact user experience.
News Forex Broker - Complete Information Guide
1. Broker Overview
News Broker, officially known as News Securities Co., Ltd., was established in 2001. The company is headquartered in Tokyo, Japan, and operates as a private entity. It primarily serves the retail forex market, catering to a diverse clientele that includes individual traders and institutional investors.
Since its inception, News Broker has grown significantly, becoming a reputable name in the financial services industry. The firm has achieved various milestones, including obtaining regulatory licenses and expanding its product offerings to meet the evolving needs of its clients. News Broker operates under a robust business model that includes retail forex trading, investment trusts, and access to foreign equities.
The company is regulated by Japan's Financial Services Agency (FSA), which ensures compliance with stringent financial regulations. This regulatory oversight provides traders with confidence in the safety and security of their investments. As a result, News Broker has established a solid reputation for transparency and reliability in its operations.
2. Regulatory and Compliance Information
News Broker is primarily regulated by the Financial Services Agency (FSA) in Japan, holding a retail forex license under the license number Kanto Finance Bureau (Kinsho) No. 138. This license is valid and ensures that the broker adheres to the legal and regulatory standards set by Japanese authorities.
In addition to its primary regulation, News Broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. This includes verifying the identity of clients and monitoring transactions to prevent illicit activities. The firm also ensures that client funds are kept in segregated accounts, providing an additional layer of security.
Furthermore, News Broker participates in investor compensation schemes, which protect clients' deposits in the event of insolvency. This commitment to regulatory compliance and client protection reinforces the broker's credibility in the financial market.
3. Trading Products and Services
News Broker offers a wide range of trading products and services to its clients. The firm provides access to a diverse selection of forex currency pairs, including major, minor, and exotic pairs. Traders can expect to find popular currency pairs such as EUR/USD, GBP/USD, and USD/JPY among the offerings.
In addition to forex trading, News Broker also provides Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. This extensive product range allows traders to diversify their portfolios and take advantage of different market opportunities.
The broker regularly updates its product offerings to meet market demands, ensuring that clients have access to the latest trading instruments. Retail trading services are complemented by tailored solutions for institutional clients, including white-label services and asset management options.
4. Trading Platforms and Technology
News Broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among traders for their user-friendly interfaces and advanced charting tools. These platforms provide a range of features, including automated trading capabilities through Expert Advisors (EAs).
In addition to the MetaTrader platforms, News Broker has developed its own proprietary trading platform, designed to cater to the specific needs of its clients. This platform offers a seamless trading experience with advanced analytics and real-time market data.
Clients can also access a web-based trading platform, ensuring that they can trade from any device with internet access. For mobile trading, News Broker provides applications compatible with both iOS and Android devices, allowing traders to manage their accounts on the go.
The broker employs an Electronic Communications Network (ECN) execution model, which connects traders directly to liquidity providers, ensuring fast and efficient order execution. The firm's servers are strategically located to optimize trade execution speeds, further enhancing the trading experience.
5. Account Types and Trading Conditions
News Broker offers several account types to accommodate the diverse needs of its clients. The standard account requires a minimum deposit, with competitive spreads and commission structures. The broker also provides advanced account types, such as VIP and professional accounts, which offer enhanced trading conditions and lower fees.
For clients seeking specialized services, the broker offers Islamic accounts compliant with Sharia law, as well as corporate accounts for institutional clients. Additionally, News Broker provides a demo account option, allowing potential clients to practice trading strategies without risking real funds.
Leverage varies depending on the account type and asset class, with options available for both conservative and aggressive trading strategies. The minimum trade size is set to accommodate both novice and experienced traders, ensuring flexibility in trading conditions.
6. Fund Management
News Broker supports a variety of deposit methods, including bank wire transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, allowing clients to choose an option that best suits their financial situation.
Deposit processing times are generally quick, with most transactions processed instantly or within a few business days. News Broker does not charge deposit fees, making it cost-effective for clients to fund their accounts.
For withdrawals, the broker offers multiple methods, including bank transfers and e-wallets. Withdrawal requests are typically processed within a few business days, with fees applicable depending on the method chosen. Clients are advised to review the withdrawal fee structure to understand any potential costs associated with their transactions.
7. Customer Support and Educational Resources
News Broker provides comprehensive customer support through various channels, including phone, email, and live chat. The support team is available during business hours, covering multiple time zones to assist clients from different regions.
The broker supports multiple languages, ensuring effective communication with its diverse clientele. In addition to customer support, News Broker offers a range of educational resources, including webinars, tutorials, and e-books, designed to enhance traders' knowledge and skills.
Market analysis services are also available, providing clients with daily updates, research reports, and insights into market trends. The broker offers various trading tools, such as calculators and economic calendars, to assist clients in making informed trading decisions.
8. Regional Coverage and Restrictions
News Broker primarily serves clients in Japan and has expanded its services to include various international markets. The firm maintains regional offices to provide localized support and services to its clients.
However, there are certain countries and regions where News Broker does not accept clients, primarily due to regulatory restrictions. These limitations are in place to ensure compliance with local laws and regulations. Potential clients are encouraged to check the broker's website for a complete list of countries where services are available and any specific restrictions that may apply.
In summary, News Broker is a reputable forex broker that offers a wide range of trading products and services, supported by robust regulatory compliance and a commitment to client security. With its user-friendly trading platforms and comprehensive customer support, News Broker is well-positioned to meet the needs of both retail and institutional traders in a dynamic financial market.
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Latest Reviews
EMMANUEL JIDEOFOR
Netherlands
Despite being regulated, NEWS broker has a risk alert and exposure reports, raising concerns about its reliability. Proceed with caution.
37130
07-28
vikki6311
France
This broker, NEWS, seems shady. They're flagged for "Suspicious Scope of Business" and have a fresh risk alert. Even though they're regulated in Japan, those are big red flags for me. I'd stay away.
37130
07-28
hjcjfjc
Vietnam
Previously, I participated in the NewS trading platform. I had deposited 200 USD, but when I traded, my balance increased to 226 USD. I attempted to withdraw funds, but the platform notified me that amounts less than 500 USD were not eligible for withdrawal and froze my funds. A few days later, I borrowed 1,000 USD in credit, and after multiple transactions, my balance increased to 27,000 USD. I placed a withdrawal request, but the platform notified me that I had to repay the 1,000 USD, so I deposited 28 million VND. The platform claimed there was a discrepancy (I had already paid off the 1,000 USD debt). After I completed the withdrawal request, the platform informed me that I had to pay an additional 2,430 USD as a 9% fee on the 27,000 USD I was withdrawing, and they insisted I transfer the payment before processing the transaction. I was very surprised by the platform's statement, and they also added that I must pay quickly, otherwise they would impose an additional penalty of 50 USD per day for delaying the payment of the 9% margin. I hope to receive assistance.
Exposure
08-25