Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

NEWRGY IMEX

Canada Canada | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://newrgyintlmeimex.com

Website

Rating Index

Contact

+1 8022587590
https://newrgyintlmeimex.com
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

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

Warning: Low score, please stay away!
  • The WikiFX cloud system has detected an excessive number of complaints against this broker, leading to its placement on the WikiFX Complaint Blacklist. Please be aware of the high risk.
4

Basic Information

Registered Region
Canada
Operating Period
2-5 years
Company Name
NEWRGY IMEX
Contact Number
+18022587590
FX1457654951

FX1457654951

Unverified

Brazil

Scam!! I lost more than 50,000 Brazilian reais in this scam.

Exposure

FX4041926108

FX4041926108

Unverified

Mexico

There are several fraud complaints, fraudulent deduction of money resulted in serious losses for me.

Exposure

Jeff 3014

Jeff 3014

Unverified

Colombia

It won't let me withdraw, please help me

Exposure

FX1536716328

FX1536716328

Unverified

Vietnam

Has anyone been able to withdraw money from this exchange?

Neutral

Neutral

FX7842185462

FX7842185462

Unverified

Mexico

I was recommended to invest in Newrgy and a person from Thailand contacted me to give me a loan and double my investment for trading. They would send a daily message to transfer funds and trade at a certain time, sometimes going long and sometimes going short. Suddenly, they stopped calling and then the platform blocked my funds. And suddenly, everything I invested disappeared along with the Forex P/L.

Exposure

Cheo3116

Cheo3116

Unverified

Mexico

I have been robbed of all my funds in Newrgy imex, the platform disappeared and blocked all the funds.

Exposure

FX3810683119

FX3810683119

Unverified

Mexico

The platform does not allow withdrawals and has already disappeared, it does not allow access to the account and the application does not show anything. When trying to withdraw, it did not allow and requested a tax payment.

Exposure

FX1263909677

FX1263909677

Unverified

Mexico

The NEWRGY app has stolen my money in the name of someone named Eva Li, who was the one who instructed us to make deposits and investments... She made me duplicate my USDT and pay 20% taxes to an account number. Fátima Díaz from BanCoppel is the name of the person who scammed and deceived many of us. They blocked the app with the funds we had, and we couldn't withdraw our money. We need someone to support us and help us recover the money. I am uploading evidence of the accounts since the messages were blocked and I couldn't capture anything.

Exposure

FX1539785580

FX1539785580

Unverified

United States

We were scammed by NEWRGY, they did not allow us to withdraw our money and the application no longer works. Caroline or Lin Lin informed us through WhatsApp about what was going to be negotiated, S PX 150.

Exposure

FX3965912378

FX3965912378

Unverified

Mexico

I think I won't be able to recover my money, our leader disappeared and I can't access my account, I had 3000 dollars.

Exposure

FX1527968895

FX1527968895

Unverified

Mexico

Newrgy is a fraudulent application in all areas, they took all the money and people were left in debt in the WhatsApp group we had, all because of a certain Ms. Chen, a beggar from China. I hope she pays for everything and most of the group learned not to invest in applications, even though I put money into it, it's frustrating. I hope no one else falls for this type of application...

Exposure

FX1682539212

FX1682539212

Unverified

United States

This person named Caroline gave us information about trading, but when I wanted to withdraw money, she started with an audit and later talked about taxes. She said that if we didn't pay, we could have problems with the IRS for evading the supposed taxes.

Exposure

FX2615609628

FX2615609628

Unverified

United States

This person was the one who gave us the instructions. Her name was Caroline and Linlin. They closed the withdrawals after the audits and the 20% TAXES. They left with all the money.

Exposure

-VV-

-VV-

Unverified

Mexico

I was induced to participate in this dubious and fraudulent 'broker' with an amount of 1400USD. However, despite the supposed testimony of some users who had already successfully withdrawn, the platform never allowed me to do so and delayed the withdrawal time. They promised to enable withdrawals on August 16, 2024. However, under the pretext of entering the NY Stock Exchange quotation, supposedly the IRS (United States agency) required all users to pay the relevant taxes on the "profits" that the platform demanded us to pay. The taxes supposedly required by the IRS under the threat of freezing and seizing assets for tax evasion before August 26 of this year. Subsequently, these despicable and damn scammers deleted the website and therefore access to the Newrgy Imex app account. I will definitely file a total complaint. Beware of these thieves.

Exposure

FX2630039998

FX2630039998

Unverified

Mexico

The application no longer exists, they ran away with all the money.

Exposure

FX2602450809

FX2602450809

Unverified

Mexico

First, they ask you to deposit a sum of money that supposedly would be doubled, that is, if you deposited 100 dollars, they would give you another 100. This gives you enough motivation to invest and continue generating. As of today, the platform does not allow you to access or make any type of transactions.

Exposure

FX1992198381

FX1992198381

Unverified

Mexico

The application scammed me by closing with all my money, don't fall into traps. It no longer allows me to access in any way TOTAL FRAUD

Exposure

FX3286041792

FX3286041792

Unverified

Mexico

The application completely disappeared with all our money. TOTAL SCAM

Exposure

FX3938439740

FX3938439740

Unverified

Mexico

I made my 20% deposit of the supposed tax, I can make my withdrawal, but to date and time I have not received it in OKX. I just want to recover some of what I invested, one starts in this thinking of being able to help us financially and it is not fair that we are deceived in this way 🥲.

Exposure

Rafael 6112

Rafael 6112

Unverified

Brazil

This platform no longer exists, it is a fraud, unable to withdraw, I requested $6500 😢

Exposure

FX1414029518

FX1414029518

Unverified

Venezuela

Since 05/06/2024, I started trading with Newrgy Imex. However, when I tried to withdraw my funds, they informed me that I couldn't do it due to an alleged audit and requested a 20% tax payment. Once this tax was paid, they allowed me to submit the withdrawal request, but it was never processed.

Exposure

Bladimir Gerardo Gutiérrez Sánchez

Bladimir Gerardo Gutiérrez Sánchez

Unverified

Mexico

Fraudulent, they asked us to invest to earn more, but on the very day 16 that supposedly we should be able to withdraw, they came up with the excuse of paying taxes in a very suspicious way, and currently they have blocked our withdrawals, and the website is out of service and the investment is lost.

Exposure

FX9692254632

FX9692254632

Unverified

Mexico

I started trading on July 17, 2024 on the NEWRGY IMEX platform, but I was unable to make withdrawals. At least I didn't try because of the promise to continue increasing my investment. After about a month, they mentioned that they were joining the New York Stock Exchange and that withdrawals would not be possible until the union with the stock exchange was completed. When the deadline for the union with the New York Stock Exchange arrived, withdrawals were not allowed because we had to pay taxes, which could not be paid with the platform's money. Instead, they requested an additional deposit for tax payment with the promise that after making the payment, withdrawals would be allowed. I did not make the tax payment due to all the research I had done on possible fraud, and I did not want to risk losing more money. On August 25, 2024, the platform no longer opens. I request your support in trying to recover the investment.

Exposure

291
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Official Website

Verified Site

  • United States newrgyintlmeimex.com
    104.21.19.15
  • United States newrgyintlme.com
    104.21.81.97

Company Profile

Company Profile

Review summary

Note: NEWRGY IMEX's official website: https://newrgyintlmeimex.com is currently inaccessible normally.

NEWRGY IMEX Review Summary
Founded2024
Registered Country/RegionCanada
RegulationNo regulation
Market InstrumentsForex, Commodities, Derivatives
Demo Account
Leverage/
Spread/
Trading PlatformNEWRGY IMEX Trading Center
Min Deposit/
Customer SupportPhone: +1 8022587590

NEWRGY IMEX Information

NEWRGY IMEX, a securities firm incorporated in Canada in 2024, offers foreign exchange, equities, commodities and derivatives. It provides a proprietary trading platform for traders. Currently, it is not regulated.

Pros and Cons

Pros Cons
There are many products to tradeNo regulation
There is a proprietary trading platformThe official website cannot be accessed
Less public information

Is NEWRGY IMEX Legit?

NEWRGY IMEX is unregulated and has received many complaints. Queries show that its website was registered in 2024.

Is NEWRGY IMEX Legit?
Is NEWRGY IMEX Legit?

What Can I Trade on NEWRGY IMEX ?

NEWRGY IMEX supports forex and stocks trading, as well as commodities, including gold and silver, crude oil and natural gas as well as wheat and coffee. In addition, there are new financial products, such as derivatives such as options and futures.

Tradable Instruments Supported
Forex
Stocks
Commodities
Derivatives
Indices
Stocks
Bonds
ETF

Trading Platform

NEWRGY IMEX offers customers a convenient trading experience through its dedicated platform, NEWRGY IMEX Trading Center, which is available on mobile.

Trading PlatformSupported Available Devices Suitable for
NEWRGY IMEX Trading CenterMobileBeginner
MT4
MT5

Exposures and Withdrawal Issues

There are 275 exposures about NEWRGY IMEX in the review section of our page.

Several users have reported scams involving the NEWRGY IMEX platform, highlighting a series of fraudulent actions. Traders were lured by promises of high returns and assistance from contacts, such as someone from Thailand, who claimed they could double investments. However, after depositing funds and engaging in trading based on guidance, users found their accounts blocked, and their investments disappeared. Some were told to pay additional “taxes” before withdrawing, but the platform continued to block access to funds. In one case, a person named Eva Li instructed users to make deposits and pay a 20% tax to an account, only for the platform to lock them out. These reports indicate that NEWRGY IMEX is involved in deceptive practices, causing significant financial losses for its users.

Exposures and Withdrawal Issues

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

NEWRGY IMEX Scam: Investor's $2,000 Withdrawal Blocked

Exposure NEWRGY IMEX Scam: Investor's $2,000 Withdrawal Blocked

NEWRGY IMEX prevents investors from withdrawing $2,000 in digital currency. Unlicensed broker disappears. Learn how WikiFX can help avoid these dangerous scams.

NEWRGY IMEX: Scams and Unfulfilled Promises?

Exposure NEWRGY IMEX: Scams and Unfulfilled Promises?

This exposure aims to shed light on the fraudulent practices of NEWRGY IMEX, with a particular focus on the case of Ulises , a victim from Mexico who has shared his distressing experience.

WikiFX Broker Assessment Series | Is NEWRGY IMEX Reliable?

News WikiFX Broker Assessment Series | Is NEWRGY IMEX Reliable?

NEWRGY IMEX has recently become a trending topic in forex markets. WikiFX has conducted a comprehensive review to help you better understand this broker. In this article, we will analyze the reliability of NEWRGY IMEX by examining its specific information, regulations, and other crucial aspects. Let’s dive in.

Wiki Q&A

What is the regulatory status and risk profile of NEWRGY IMEX?

NEWRGY IMEX operates without oversight from recognized financial authorities and does not hold any verified regulatory licenses, which results in a substantial operational risk profile, as evidenced by its WikiFX Score of 1.35.

04-02
United States

What is the current regulatory status of NEWRGY IMEX?

NEWRGY IMEX operates as an unregulated entity, lacking any verified mainstream regulatory licenses. Consequently, client funds are not protected by compensation schemes or standard financial safeguards.

04-02
United States

Is NEWRGY IMEX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose NEWRGY IMEX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with NEWRGY IMEX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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