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
United Kingdom
2-5 years Suspicious Regulatory License cTrader Suspicious Scope of Business High potential riskCompany profile
Note: NEWTOWN's official website: https://www.newtownc.com is currently inaccessible normally.
NEWTOWNReview SummaryNEWTOWN 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 assets | Limited account types |
| Low spreads | Not 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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
| cTrader | ✔ | Android, IOS and Windows | Experienced traders |
Deposit and Withdrawal
NEWTOWN accepts deposits through credit cards, debit cards, and bank transfer.
Rating Index
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Latest Reviews
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
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
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