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NEWTOWN foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.newtownc.com, about the company's legal and temporary regulatory information, the company's address Unit 1804, South Bank Tower, 55 Upper Ground, London England SE1 9EY..

NEWTOWN Forex Broker

Basic information

Registered region
United Kingdom
Operating period
--
Company Name
Newtown Capital Global Limited
Abbreviation
NEWTOWN
Company employee
--
Customer Service Email Address
support@newtownc.com
Company website
Company address
Unit 1804, South Bank Tower, 55 Upper Ground, London England SE1 9EY.
Keywords
2-5 years
Suspicious Regulatory License
cTrader
Suspicious Scope of Business
High potential risk

Company profile

  Note: NEWTOWN's official website: https://www.newtownc.com is currently inaccessible normally.

NEWTOWNReview SummaryFounded2022Registered Country/RegionUnited KingdomRegulationNot regulatedMarket InstrumentsForex, Stocks, Cryptocurrencies, CFDsDemo Account/LeverageUp to 1:500SpreadFrom 0.6 pipsTrading PlatformcTraderMin Deposit/Customer SupportEmail: support@newtownc.comAddress: Unit 1804, South Bank Tower, 55 Upper Ground, London England SE1 9EY

  NEWTOWN was founded by Newtown Capital Global Limited in the United Kingdom in 2024. It offers various trading assets, like Forex, Stocks, Cryptocurrencies and CFDs with leverage up to 1:500 and spread from 0.6 pips via the cTrader platform. However, it is not regulated.

Pros and Cons

Pros Cons
Various trading assetsLimited account types
Low spreadsNot regualted
Lack of transparency
Relatively new

Is NEWTOWN Legit?

  FCA, the UK's local financial authority, shows no information about NEWTOWN. Besides, NEWTOWN also claims it was regulated by the National Futures Association (NFA). But the website of NFA also has no results of it.

What Can I Trade on NEWTOWN?

Tradable Instruments Supported
Forex
Stocks
Cryptocurrencies
CFDs
Metals
Options
ETFs

Account Type

  NEWTOWN only provides a single account type: Standard account.

Leverage

  The leverage of NEWTOWN is up to 1:500. Note that high leverage comes with not only high returns but also high losses.

Spreads and Commissions

  NEWTOWN's spread starts from 0.6 pips, butthe commission is not mentioned.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5/Experienced traders
cTraderAndroid, IOS and WindowsExperienced traders

Deposit and Withdrawal

  NEWTOWN accepts deposits through credit cards, debit cards, and bank transfer.

Rating Index

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Latest Reviews

Diep.Bui

Diep.Bui

Venezuela

Reports of withdrawal issues from other traders are troubling, and the limited customer support options make it challenging to seek timely assistance. Considering the risks associated with an unregulated broker, it's crucial to explore regulated alternatives for a safer trading experience.

Neutral

2023-12-08

Arsyakha Yusuf Al Hakim

Arsyakha Yusuf Al Hakim

Cyprus

The minimum deposit requirement of $500 is relatively high, and the broker lacks transparency regarding account types and demo accounts. The poorly designed and currently inaccessible website, along with grammatical errors, raises doubts about the professionalism of the platform.

Neutral

2023-12-07

Adam785611

Adam785611

Singapore

NEWTOWN has got me shaking my head in disbelief, I kid you not. They've been blowing up my phone, claiming they've got the ultimate trading platform with ridiculously tight spreads and zero slippage. Can you believe that? They must think we're all born yesterday! They're treating us like total suckers, trying to reel us in with their sweet talk. Well, let me tell you, I've lost all interest in their smooth-talking nonsense.

Neutral

2023-07-06

NEWTOWN Forex Broker has an overall rating of 1.85, Regulatory Index 0.00, License Index 0.00, Business Index 6.16, Software Index 7.02 Risk Control Index 0.00.