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New Traders Holding FX

Marshall Islands|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://newtradersholdings-fx.com/

Website

Rating Index

Contact

+44 2080898543
info@newtradersholdings-fx.com
https://newtradersholdings-fx.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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New Traders Holding FX · Company Summary

General Information & Regulation

New Traders Holdings is a Marshall Islands registered online broker. The Marshall Islands is an offshore zone in the Pacific that does not regulate forex trading. It has been verified that New Traders Holdings is not subject to any valid regulation. Please be aware of the risk.

Market Instruments

In terms of trading assets available, New Traders Holdings advertises trading in Forex, Stocks, Commodities, Indices, and Cryptocurrencies.

Minimum Deposit

There are three types of accounts presented on the website – Basic, Standard and VIP – differing only in the minimum deposit amount. The minimum initial deposit to start a basic account is $100, in line with the industry standard.

Leverage

The leverage is in line with top regulators limits – 1:30 in Europe and 1:50 in the US. The maximum trading leverage for forex instruments is capped at 1:30.

Spreads & Commissions

The spread that is seen on the website for the EURUSD currency pair is (as low as) 1.7 pips. Although not very large, established brokers usually offer spreads of 1 – 1.2 pips, rarely more than 1.5.

Trading Platform Available

MT4 is advertised on their Home page, when it comes to trading platform available. However, that is not the case – there is only Sirix. What is more disturbing, however, is there is no “username” input field in the form, and no email was sent to provide us with one or with an Account number.

Deposit & Withdrawal

Various payment provider‘ logos are displayed on this broker’s website. VISA and MasterCard, Wire Transfer, Skrill and Neteller. They claim very short processing times, as well as no hidden charges or fees for both deposits and withdrawals.

Customer Service

Broker Information

Company Name

New Traders Holding FX

Company Abbreviation

New Traders Holding FX

Regulatory Status

No Regulation

Platform registered country and region

Marshall Islands

Phone of the company
  • +44 2080898543

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Customer Service Email Address
  • info@newtradersholdings-fx.com

Company Summary

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