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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

NEWSOLID

China China | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.new-solid.com/

Website

Rating Index

Regulation 2.69 Tech 4.60 Reputation 2.70 Business 6.85 Risk Control 2.13
1.77

Contact

400-666-3202
http://www.new-solid.com/
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
China China
Operating Period
5-10 years
Company Name
NEWSOLID
Email
new_soLid@yeah.net
Contact Number
400-666-3202
Verified Site
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Verified Site
模块说明(前端未翻译)

  • new-solid.com
    47.90.96.141
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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NEWSOLID

Related Companies

Newsolid GmbH
China
Newsolid GmbH
Active
China
Registration No. CHE114418292
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Note: NEWSOLID's official website: https://www.new-solid.com/ is currently inaccessible normally.

NEWSOLID Review Summary
Founded2021
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsCryptocurrencies, CFDs, precious metals, indices
Demo Account❌
Leverage1:100
EUR/USD Spread1.8 pips
Trading PlatformMT4
Min Deposit$100
Customer SupportEmail: new_soLid@yeah.net
Phone: 400-666-3202

NEWSOLID is a foreign exchange broker registered in New Zealand. It supports trading via the MT4 platform and provides opportunities for simulated trading. The broker provides a leverage of 1:100 and a EUR/USD spread of 1.8 pips. In addition, NEWSOLID is not subject to any legal regulatory oversight currently.

Pros and Cons

Pros Cons
MT4 supportLack of detailed information on fees
No legal regulation
Unavailable website
Wide spreads
No demo accounts

Is NEWSOLIDLegit?

NEWSOLID lacks regulatory oversight from any financial institution and has been blacklisted by several financial regulatory bodies. Even worse, the Financial Markets Authority of New Zealand (FMA) has included it in its list of suspected fraudulent entities. In addition, the domain of this company was registered on December 6, 2021, was updated on November 2, 2024 , and will expire on November 6, 2025.

Is NEWSOLID Legit?

Trading platform

NEWSOLID claims to support trading through the MT4 platform. However, you are unable to download MT4 from NEWSOLID's website, and no free demo account is provided. This is a dangerous signal, and the lack of regulation combined with warnings from New Zealand regulatory agencies raises suspicions that you may face significant risks.

Trading PlatformSupported Available Devices Suitable for
MT5❌/Experienced traders
MT4✔ComputerBeginners
cTrader❌/Experienced traders
Trading platform

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is NEWSOLID safe and reliable?

According to the WikiFX assessment, NEWSOLID presents an extremely high-risk profile and cannot be considered safe or reliable. It holds a very low overall score of 1.56 out of 10. A critical point of concern is its lack of any credible regulatory oversight, receiving a score of zero in the license and regulation indices. Public exposure records on WikiFX detail severe and persistent complaints regarding fund withdrawal difficulties and platform integrity issues. Engaging with this entity carries a significant risk of financial loss.

05-06
United States

Is NEWSOLID regulated?

No. WikiFX data indicates that NEWSOLID does not hold any valid or authoritative regulatory licenses for forex trading. Its regulatory status is officially classified as 'Not Regulated'.

05-06
United States

What is the minimum deposit of NEWSOLID?

Based on the information available, NEWSOLID has not publicly disclosed its minimum deposit requirements. The specific account details and initial funding thresholds are not listed in the available records.

05-06
United States

Does NEWSOLID support MT4 or MT5?

WikiFX assessment shows that the broker scores moderately (4.0 out of 10) on the software index, which includes platform offerings. However, the specific trading platforms supported, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not explicitly detailed in the public data.

05-06
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com