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/10

NEW RIVER

United Kingdom United Kingdom | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
NEW RIVER DEVELOMENT CO. LIMITED
Company Website
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Verified Site
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Official Website

Verified Site

  • newriverco.com
    107.148.14.17
    Server Location
    United States United States
    ICP Registration No.
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    Creation Date
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NEW RIVER

Related Companies

NEW RIVER DEVELOMENT CO., LIMITED
United Kingdom
NEW RIVER DEVELOMENT CO., LIMITED
Active
United Kingdom
Registration No.13677686
Est. Date
SourceWebsite Announcement

Company Profile

Company Profile

Review summary

Note: NEW RIVER's official website: https://newriverco.com/ is normally inaccessible.

NEW RIVER Information

NEW RIVER is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been closed, so traders cannot obtain more security information.

NEW RIVER Information

Is NEW RIVER Legit?

NEW RIVER is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is NEW RIVER Legit?
Is NEW RIVER Legit?

Downsides of NEW RIVER

  • Unavailable Website

The website of NEW RIVER is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since NEW RIVER does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

NEW RIVER is not regulated, which is less safe than a regulated one.

Negative NEW RIVER Reviews on WikiFX

WikiFX contains a huge amount of broker information. Traders can come here to find broker information and compare different brokers.

Negative NEW RIVER Reviews on WikiFX

Currently, there is only one piece of NEW RIVER exposure about withdrawal difficulty and 2 neutral comments that express induced fraud and cannot withdraw.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date2022-10-13
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/202210136432556751.html.

Conclusion

NEW RIVER Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is NEW RIVER safe and reliable?

Based on WikiFX data, NEW RIVER is not considered safe or reliable for traders. The broker holds a very low overall WikiFX score of 1.45, indicating a severe risk profile. It operates without any valid financial regulatory oversight, meaning client funds are not protected by standard compensation schemes. Furthermore, public exposure on WikiFX highlights specific concerns regarding platform integrity and fund accessibility. Investors should exercise extreme caution and prioritize brokers with established regulatory licenses and higher transparency scores.

Three days ago
United States

Is NEW RIVER regulated?

No, NEW RIVER is not regulated by any credible financial authority. According to its WikiFX profile, the broker's regulatory status is listed as 'No Regulation'. The platform operates without oversight from major regulators such as the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC). The absence of regulation significantly increases risks related to fund security, fair trading practices, and dispute resolution.

Three days ago
United States

What is the minimum deposit of NEW RIVER?

Specific information regarding the minimum deposit requirement for NEW RIVER is not publicly disclosed. The broker's account terms and conditions are not clearly listed. Potential clients should directly inquire with the broker for this information but must be aware of the inherent risks associated with an unregulated entity before depositing any funds.

Three days ago
United States

Does NEW RIVER support MT4 or MT5?

Information regarding the trading platforms supported by NEW RIVER, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not explicitly provided. The broker's WikiFX assessment shows a software index score of 4.0, but detailed platform specifications are missing. Users should verify platform availability and stability directly with the broker, though the overall low trust score suggests caution is warranted.

Three days ago
United States
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