Company Information

Get to know NewGen Worldwide

NewGen Worldwide positions itself as a gateway to the financial markets, providing online trading services through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. The company offers access to a wide range of financial instruments, including currency pairs, precious metals, energy commodities, global indices, and various cryptocurrencies. It focuses on providing trading conditions such as competitive spreads and leverage options to cater to different types of retail traders. The firm is registered as an International Business Company (IBC) in St. Vincent and the Grenadines.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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NewGen Worldwide

United States

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.