Score

1.47 /10
Danger

NGFX

New Zealand

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index6.72

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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! 2
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 88181) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

NGFX · Company summary

General Information

NGFX is an online forex broker registered in New Zealand. Since this brokerages official website cannot be opened for now, we could get minimal information.

It has been verified that this broker currently has no valid regulatory, please be aware of the risk.

Regulatory Details

As per the FSPR website, Interest Trade Fund Limited (FSP88181) who owns and operates NGFX, has deregistered FSP since 2018. NGFX is just posing as a legit broker to defraud more investors, therefore, investors are strongly recommended to stay away from this broker.

fsp

Contact Information

For any inquiries or trading-related information, traders can get in touch with NGFX with the following channels:

Telephone: 512-314-0000

Email: info@ngfxpr.com

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Cola28617
more than one year
The trading environment was awful, my trades were often closed without reason, and withdrawals were a nightmare. It turned out that this broker was a complete fake, and I regret trusting them. Now, all I can do is watch as they steal the money from my account. My advice to everyone is to stay away from NGFX and find a more reliable broker.
The trading environment was awful, my trades were often closed without reason, and withdrawals were a nightmare. It turned out that this broker was a complete fake, and I regret trusting them. Now, all I can do is watch as they steal the money from my account. My advice to everyone is to stay away from NGFX and find a more reliable broker.
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2023-03-30 10:30
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