NewApexWay has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. NewApexWay said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Easy withdrawals|Excellent charting|Fast deposits
Cons: Website design could be more modern|Could offer more webinars
Do not believe the bonus offer from NewApexWay. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through my accountant's suggestion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Instant funding|Educational resources
Cons: Nothing significant
My withdrawal request from NewApexWay has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Economic calendar|API access|Social trading features
Cons: Wait times can be long during peak hours|Charting tools need more indicators
I want to warn everyone about NewApexWay. They have been flagged by Financial Services and Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
After for close to eighteen months with NewApexWay, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Economic calendar|Easy withdrawals
Cons: Withdrawal takes 1-2 business days|Alert system is basic
Customer support at NewApexWay seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multi-device support|Responsive team|No hidden fees|Multiple order types
Cons: Search feature is basic|Email notifications too frequent
After spending since I retired last year trying to make NewApexWay work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Economic calendar|Regular updates
Cons: No phone support on weekends
I wanted to transfer my portfolio from another broker to NewApexWay. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Helpful community forum|Good analytical tools|Competitive fees
Cons: Website design could be more modern|No crypto staking
I was about to invest with NewApexWay but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Services and Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The so-called education at NewApexWay is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Instant funding|Fast execution
Cons: None so far