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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

NEWSOLID

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

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

Website

Rating Index

Contact

400-666-3202
http://www.new-solid.com/
The WikiFX Score of this broker is reduced because of too many 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
Operating Period
5-10 years
Company Name
NEWSOLID
Email
new_soLid@yeah.net
Contact Number
400-666-3202
Kyle Loh

Kyle Loh

Unverified

Malaysia

Fraud platform. Severe slippage. It was too late for me to deposit $7000 due to the platform error.

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

Waiting in the line is just an excuse. If you don't lose money, your commission won't arrive immediately. That means, if you profit, you can't get your commissions.

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

It's been half an hour, the deposit hasn't arrived yet, the official website customer service is very arrogant, and I have to bear it myself. I heard that the withdrawal will not arrive, but now the deposit is not available. Investors should be careful

Exposure

王牌老师助理

王牌老师助理

Unverified

Hong Kong

I applied for withdrawal with my friend. She received her withdrawal but I haven’t

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

I've made many phone calls. Please stay alert and avoid being cheated

Exposure

FX3361889947

FX3361889947

Unverified

Hong Kong

I applied for withdrawal at 9:50 am on the morning of April 16. The customer service always asked me to wait for the arrival notification.

Exposure

乌漆麻黑

乌漆麻黑

Unverified

Hong Kong

I’ve lost nearly $10,000! Stay away from the agent with an alias Heshang!!!

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

In the past, the withdrawal was available on the same day that the account was received. Now the withdrawal can not arrive at 8 pm if I aplied at 10:00 am. Such a platform is basically about to abscond with the money. Please pay attention

Exposure

FX2823447223

FX2823447223

Unverified

Hong Kong

The advance payment is 290%. Forced liquidation with no reason. The paltform explained that they didn't manipulate it

Exposure

FX3361889947

FX3361889947

Unverified

Hong Kong

Severe slippage. Set SL at 1900, while close at 1895, more than five pips. The platform said it was STP model and it's very normal

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

Deposit at 9:00. But it hasn't arrived until 10:30. NEWSOLID claimed the deposits can arrive immediately.

Exposure

FX7869413681

FX7869413681

Unverified

Hong Kong

I withdrew at 2:00pm and now it's 9:30pm but I haven't received my withdrawal. The customer service didn't help me handle the problem and said I threatened him! My friend received the wihdrawal who withdrew later than me! Please give me an explanation!

Exposure

Emperors

Emperors

Unverified

Hong Kong

A guy called Wangxin introduced this platform to me through friends. I profited at first. But later, I made a loss of ¥100,000 within three days. They promised to control risk and set stop loss price. You principal is their profit. He accidentally said his service fee was ¥40,000. This is a fraud platform which gives you adverse recommendations. You’ll burn all your money. Please be vigilant. It’s said that their headquarters is at New Zealand, but in fact, it’s a simulation capital tray. Their number and customer service are all fake.

Exposure

海纳百川63573

海纳百川63573

Unverified

Hong Kong

The commission, which should be received during 7 yo 8, is yet to be received as of 17th. NEWSOLID is simply a fraud. The service kept fending off.

Exposure

六月飞霜

六月飞霜

Unverified

Hong Kong

The broker promised to rebate via Internal Transfer. After the client joined in, the rebate was canceled because of insufficient lot. The client filed a complaint to the Customer Service, only to be answered that it is fair and reasonable for the broker to do so because it had performed the duty of disclosure in advance. It claimed to be reasonable but turned out to be an obvious scam!

Exposure

雾里看花27741

雾里看花27741

Unverified

Hong Kong

In last October, I followed teacher Gan’s WeiBo(it has been ceased now) since she often sent some trend of XAU/USD and crude oil. She added me and induced me to join, showing me her handsome profits. Thus, I deposited fund and made some profit. With teacher’s lobbying, I added more fund. Then, she gave adverse recommendation and didn’t allow me to close the position, causing 560 thousand losses!

Exposure

雾里看花27741

雾里看花27741

Unverified

Hong Kong

In last October, I followed teacher Gan’s WeiBo(it has been ceased now) since she often sent some trend of XAU/USD and crude oil. She added me and induced me to join, showing me her handsome profits. Thus, I deposited fund and made some profit. With teacher’s lobbying, I added more fund. Then, she gave adverse recommendation and didn’t allow me to close the position, causing 560 thousand losses!

Exposure

CCTV央视广告 明星代言~韩友晓

CCTV央视广告 明星代言~韩友晓

Unverified

Hong Kong

The platform froze my account and gave no access to withdrawal, blaming it on risk management. The official shirked the responsibility on the client manager. The manager even slandered that he would freeze my ID!

Exposure

春风十里不如你54981

春风十里不如你54981

Unverified

Hong Kong

My first name is Zhu, female. In December, 2018, I was pulled into a WeChat group named Peakedness Trading Club-Money Making, in which trader Lin Yun and Wang Cong took turns to send profit screenshots, asking members to join. They added my WeChat, boasting that they could take me to make money. During that time, they inveigled me to open the account in NEWSOLID . After doing so, they kept sending order recommendations in the group and even traded for me. Within 2 years, I was asked to add fund. Without earning money, I suffered a loss of 200 thousand yuan. The collected evidence showed that my fund was flowed into some domestic companies instead of the legit forex market. Currently, some people still give order recommendations in the group, which is illegal. Though I have sent emails, the platform doesn’t deal with my problems. Hope your take heed on it. Now it has blacklisted me, continuing to scam.

Exposure

春风十里不如你54981

春风十里不如你54981

Unverified

Hong Kong

My first name is Zhu, female. In December, 2018, I was pulled into a WeChat group named Peakedness Trading Club-Money Making, in which trader Lin Yun and Wang Cong took turns to send profit screenshots, asking members to join. They added my WeChat, boasting that they could take me to make money. During that time, they inveigled me to open the account in NEWSOLID . After doing so, they kept sending order recommendations in the group and even traded for me. Within 2 years, I was asked to add fund. Without earning money, I suffered a loss of 200 thousand yuan, which almost claimed my life. The collected evidence showed that my fund was flowed into some domestic companies instead of the legit forex market. Currently, some people still give order recommendations in the group, which is illegal. Though I have sent emails, the platform doesn’t deal with my problems. Hope your take heed on it.

Exposure

春风十里不如你54981

春风十里不如你54981

Unverified

Hong Kong

My first name is Zhu, female. In December, 2018, I was pulled into a WeChat group named Peakedness Trading Club-Money Making, in which trader Lin Yun and Wang Cong took turns to send profit screenshots, asking members to join. They added my WeChat, boasting that they could take me to make money. During that time, they inveigled me to open the account in NEWSOLID . After doing so, they kept sending order recommendations in the group and even traded for me. Within 2 years, I was asked to add fund. Without earning money, I suffered a loss of 200 thousand yuan, which almost claimed my life. The collected evidence showed that my fund was flowed into some domestic companies instead of the legit forex market. Currently, some people still give order recommendations in the group, which is illegal. Though I have sent emails, the platform doesn’t deal with my problems. Hope your take heed on it.

Exposure

岁月

岁月

Unverified

Hong Kong

NEWSOLID gives no access to withdrawal with grinding excuses. It only gave a small portion the first time, kept holding off the second and asked me to cancel the third. The fund can only be withdrawn once a month, and it may well become once a year.

Exposure

规则你说了算

规则你说了算

Unverified

Hong Kong

The platform broke its words, giving no commission to its agents, clients and contacts.

Exposure

23
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Official Website

Verified Site

  • 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
SourceOfficial Statement

Company Profile

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
MT4ComputerBeginners
cTrader/Experienced traders
Trading platform

Company Profile

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

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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