NEWTOWN

Note: NEWTOWN's official website: https://www.newtownc.com is currently inaccessible normally.

NEWTOWN was founded by Newtown Capital Global Limited in the United Kingdom in 2024. It offers various trading assets, like Forex, Stocks, Cryptocurrencies and CFDs with leverage up to 1:500 and spread from 0.6 pips via the cTrader platform. However, it is not regulated.

Pros and Cons

Is NEWTOWN Legit?

FCA, the UK's local financial authority, shows no information about NEWTOWN. Besides, NEWTOWN also claims it was regulated by the National Futures Association (NFA). But the website of NFA also has no results of it.

What Can I Trade on NEWTOWN?

Account Type

NEWTOWN only provides a single account type: Standard account.

Leverage

The leverage of NEWTOWN is up to 1:500. Note that high leverage comes with not only high returns but also high losses.

Spreads and Commissions

NEWTOWN's spread starts from 0.6 pips, butthe commission is not mentioned.

Trading Platform

Deposit and Withdrawal

NEWTOWN accepts deposits through credit cards, debit cards, and bank transfer.