Review summary
New TradeFx, operating as New Trade Fx Services Ltd, is a newly established broker registered in Saint Lucia with less than one year of operational history. According to WikiFX data, it holds no valid licenses from mainstream financial regulators for forex trading, classifying it as an unregulated offshore entity. The broker offers four account types (Standard, Pro, Ecn, and Robo) with minimum deposits ranging from $100 to $1500 and maximum leverage up to 1:500, supporting expert advisors and position locking, though scalping is reportedly not permitted. WikiFX assessment indicates a very low overall trust score of 1.07. Prospective clients should be aware that the complete absence of authoritative financial oversight presents a significant risk, meaning client funds are not protected by any recognized compensation scheme or regulatory safeguards. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-12)
