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NYGCM/NYFX -

Score

1.52 /10
Danger

NYGCM/NYFX

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Cambodia Derivatives Trading License (EP) Revoked

High potential risk

https://nyfx.com

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Comparison

Quantity 23

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

NYFX Financial Services LLC

Company Abbreviation

NYGCM/NYFX

Platform registered country and region

United States

Company website

X

Instagram

Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 6
Previous Detection : 2026-01-05
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received a total of 22 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Survey

Danger

NYGCM/NYFX

United Kingdom

WikiFX Verification

Exposure

23 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

Unable to withdraw

2021-05-13 05:31
Unable to Withdraw

Unable to withdraw

I apply for a long time, but it has not been processed. Unable to withdraw

2022-06-02 06:05
Scam

Fraud platform

I gained lots of profits but my orders was stopped at 1778.66 without any reasons. I was very annoyed.

2021-09-19 15:50
Others

The profitable order became loss

The order with stop-profit and stop-loss was obviously several hundred gold. Because of their system, the order turned into a loss. I contacted customer service, but the customer service did not refund me the profit, and the order was refunded to me the next day. Cost me thousands of dollars

2021-05-09 10:14
Unable to Withdraw

Do not approve my application

Unable to withdraw

2021-05-12 19:50
Unable to Withdraw

Trash platform does not allow to withdraw

I applied for withdrawal on May 25, 2022, but it has not been addressed now. Fraud platform.

2022-06-01 00:41
Others

Trader should buy for the system's mistakes

The profit order, they caused me to lose thousands of dollars due to the system. There is evidence to prove it, and I hope to return it to me.

2021-05-10 09:54
Others

I've lost over $1,000 for the system error

My order is set with TP and stop-loss. It is clear that the profitable order was turned into a loss due to system reasons. Contact customer service, and the customer service returned the order to me at a high level the next day, which made me suffer a serious loss, and the profitable order became a serious loss

2021-05-11 13:36
Unable to Withdraw

Unable to withdraw. Shrink their responsibilitie with various reasons

Do not help me handle the issue

2021-05-29 16:24
Unable to Withdraw

Unable to withdraw from April 2021

Unable to withdraw from April 2021 on this platform. It even did not allow entering the order.

2021-11-02 17:54
Unable to Withdraw

NYGCM platform cannot withdraw

You cannot escape even you change your name. Delay the withdrawla at the beginning. Then, cannot withdraw. No updates from headquarter. Just say that they will deal with it. It is delaying for time.

2022-06-15 09:37
Unable to Withdraw

The fraud platform is unable to withdraw. The customer manager is disappeared.

I have been trading for six months, and the withdrawal of 1,000 yuan at the beginning of the month is very smooth and normal. When there is a need for funds to withdraw all, the website has been waiting for processing. Email customer service and contacting the account manager have not responded, please pay attention! Please the platform help to contact them!

2022-06-01 19:55
Unable to Withdraw

Unable to withdraw

NYFX promised that they would pay on May 31 while they haven't.

2021-06-17 11:04
Unable to Withdraw

Unable to withdraw

NYFX promised that I could get my withdrawals on May 31, 2021 while I haven't receivedt he money

2021-06-12 13:46
Unable to Withdraw

Unable to withdraw

The first time I withdrew money on the platform, the withdrawal has been pending for half a month, and I have been making excuses. It will be a holiday, a personnel change, and a meeting. Anyway, I'm very busy, and I don't have time to withdraw money. . .

2021-05-12 20:11
Unable to Withdraw

Do not address the withdrawal

The withdrawal application submitted on March 24 has not yet been approved. NYGCM submitted a 6-month installment. I disagree, because most of them only gave two or three installments and then stopped giving them. There are many examples of this. Or give a 50% bonus so that I can only allow losses and not make profits, otherwise I will not give it. This is no different from a demo account. I will definitely not agree. I also put forward 3 plans: 1: Accept it in 2 installments. 2: Accept the discount, and only withdraw 80% of the gold. 3: Accept 50% bonus but allow me to swipe the order, the rebate must be more than the principal of the trading account, and I must agree to the commission to let me withdraw. No response from NYGCM so far

2022-04-24 12:01
    Sources
    Data Source WikiFX Data provide
    Updated: 2026-01-05

    News

    NewsWikiFX Review: Traders need to understand the current situation of NYFX(NYGCM)

    NYFX/NYGCM has recently been complained about by many investors because of the withdrawal rejection. Beware!

    WikiFX
    2022-10-22 09:00
    WikiFX Review: Traders need to understand the current situation of NYFX(NYGCM)
    About More

    User Reviews

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    User comment

    4

    Comments

    Write a review

    浅蓝
    more than one year
    This broker did offer some useful educational resources and trading tools. Its generous leverage is useful to me, and I love its comfortable trading conditions. Thank Matthew, my brother, thank you for recommending this to me.
    This broker did offer some useful educational resources and trading tools. Its generous leverage is useful to me, and I love its comfortable trading conditions. Thank Matthew, my brother, thank you for recommending this to me.
    Translate to English
    2022-12-08 14:45
    Reply
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    王大见
    more than one year
    ¡No negocie con NYGCM! Totalmente una empresa de estafa. Rechazaron mi solicitud de retiro por varias razones y también afirmaron congelar mi cuenta para investigar mi supuesto comportamiento sospechoso. Espero que más personas puedan ver mi reseña y mantenerse alejados de este estafador.
    ¡No negocie con NYGCM! Totalmente una empresa de estafa. Rechazaron mi solicitud de retiro por varias razones y también afirmaron congelar mi cuenta para investigar mi supuesto comportamiento sospechoso. Espero que más personas puedan ver mi reseña y mantenerse alejados de este estafador.
    Translate to English
    2022-12-01 15:40
    Reply
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