WikiFX

Sagot

As someone who values transparency in trading costs, I need to be very careful here—NEWRGY IMEX provides almost no concrete information regarding its trading conditions, including spreads, commissions, swaps, or any details about trading costs for indices like the US100. According to my research, the broker operates without regulatory oversight and currently has its website inaccessible, making it impossible to obtain up-to-date, verifiable cost data. Moreover, NEWRGY IMEX has accumulated a significant number of complaints concerning funds being blocked and withdrawals denied. Many users report being asked to pay additional “taxes” or surcharges just to attempt to access their money, which is highly irregular and raises major red flags about potential hidden costs or outright fraud. In reliable, regulated environments, trading costs should always be clear and limited to the stated spreads, commissions, and any platform fees—never arbitrary additional payments. From my experience, a lack of information about costs, opaque business practices, and widespread reports of loss all suggest that any potential trading cost is overshadowed by the far greater risk of losing your capital altogether. For those reasons, I would not attempt to trade indices like the US100—or anything else—under such uncertain and risky conditions. Conservative, transparent brokers are always the better choice when calculating real trading expenses and safeguarding funds.