Saint Vincent and the Grenadines
|2-5 years
Suspicious Regulatory License|
Medium potential risk
https://newwinfx.com/
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It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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https://newwinfx.com/
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Support@Newwinfx.com
Exchange Name | New-Win |
Registered Country/Area | Saint Vincent and the Grenadines |
Regulatory Authority | No Regulation |
Cryptocurrencies Available | Not mentioned |
Fees | Not mentioned |
Payment Methods | Bank wire transfer, Local payment solution, Credit Card, Cryptocurrency, e-Wallets |
Customer Support | Live Chat, Contact Form |
Phone: +447360500931, +85523238145 | |
E-mail: support@newwinfx.com |
New-Win is a leading online trading provider specializing in CFDs, offering a range of assets including forex, commodities, indices, and cryptocurrencies. Their platform, New-Win Trader on MT5, ensures direct access to Tier 1 liquidity with STP execution across desktop, mobile, and web. They provide various account types with leverage up to 1:1000. However, it operates without valid regulation.
Pros | Cons |
Wide Range of Assets | Lack of Valid Regulation |
Advanced Trading Platform | Restricted Regions |
Account Variety | |
Multiple Payment Methods |
Pros:
Wide Range of Assets: New-Win provides a diverse selection of trading instruments, including forex, commodities, indices, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore multiple market opportunities.
Advanced Trading Platform: The New-Win Trader platform, based on MetaTrader 5 (MT5), offers direct access to Tier 1 liquidity and Straight-Through Processing (STP) execution. It is available on desktop, mobile (iOS and Android), and web.
Account Variety: New-Win offers several account types designed to meet the needs of different traders. The Standard Account has a low minimum deposit of $10, making it accessible for beginners. The Pro and Raw Accounts cater to professional traders, offering low spreads and raw interbank spreads, respectively.
Multiple Payment Methods: New-Win supports a wide range of payment options, including bank wire transfers, local payment solutions, credit cards, cryptocurrencies, and e-wallets. These methods are available 24/7, providing convenience and flexibility for depositing and withdrawing funds.
Cons:
Lack of Valid Regulation: Although New-Win is registered with the SVGFSA (Saint Vincent and the Grenadines Financial Services Authority), it operates without valid regulation from a recognized financial authority. This lack of regulation can pose risks related to the security and reliability of the platform.
Restricted Regions: New-Win does not provide services to residents of certain countries, including Afghanistan, Cambodia, Iraq, North Korea, and the United States. This limitation restricts access for some traders.
New-Win offers a robust trading platform with advanced security features like encryption and secure data transmission, along with multiple secure payment options and accessible customer support. However, the lack of valid regulation from recognized financial authorities poses significant security risks, including potential fraud, data breaches, and funds mismanagement.
New-Win's fee structure is designed to accommodate various types of traders through its diverse account offerings.
The Standard Account, with a minimum deposit of $10, features floating spreads and no additional commission fees, making it accessible for beginner traders.
The Multi Level Account, requiring a minimum deposit of $50, is tailored for professional marketers and includes a 7th level IB commission structure.
For more experienced traders, the Pro Account offers lower spreads with a minimum deposit of $500 and no additional commission fees.
The Raw Account, with a minimum deposit of $1000, features raw spreads from interbank markets and includes a low commission fee. This account type offers very tight spreads, which can be advantageous for high-frequency traders or those dealing in large volumes.
New-Win offers a range of payment methods including bank wire transfers, local payment solutions, credit/debit cards, cryptocurrencies, and e-wallets. These options meet diverse trader preferences, providing flexibility, speed, and security in managing trading funds. Bank wire transfers are suitable for larger transactions, while local solutions cater to regional needs. Credit/debit cards offer instant processing, cryptocurrencies ensure security and privacy, and e-wallets provide flexibility and speed.
New-Win Trader, based on MetaTrader 5 (MT5), offers traders a robust and versatile platform for online trading across forex, commodities, indices, and cryptocurrencies. Featuring Straight-Through Processing (STP) execution, it ensures rapid order processing and direct access to Tier 1 liquidity providers, minimizing execution delays. Available on desktop (Windows and macOS), mobile (iOS and Android), and web platforms, New-Win Trader provides a user-friendly interface with advanced charting tools and customizable layouts. Security measures include encryption for data protection, while integrated customer support via email and live chat ensures prompt assistance.
New-Win offers a diverse platform with MT5, multiple assets, and various account options, but the lack of top-tier regulation raises security concerns. Consider their advantages if a wide range of assets and the MT5 platform are important, but prioritize regulated brokers with lower leverage if security and beginner-friendliness are your main concerns.
Is New-Win regulated?
No, New-Win lacks regulation from recognized financial authorities.
What payment methods does New-Win accept?
Bank wire transfers, credit/debit cards, cryptocurrencies, and e-wallets.
Are there any country restrictions on New-Win?
New-Win does not offer services to residents of Afghanistan, Cambodia, Iraq, North Korea, and the United States.
Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
2 ratings