NEWTOWN Forex Broker

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 ConsPros Cons Various trading assetsLimited account typesLow spreadsNot regualtedLack of transparencyRelatively newIs 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 PlatformTrading PlatformSupported Available Devices Suitable for MT4❌/BeginnersMT5❌/Experienced traderscTrader✔Android, IOS and WindowsExperienced tradersDeposit and Withdrawal NEWTOWN accepts deposits through credit cards, debit cards, and bank transfer.