NewRockWood AI has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". NewRockWood AI has a website (newrockwood.ai) and is using the following contact information:
NewRockWood AI
11 Broadway #700, New York, NY 10004, United States
Weltpoststrasse, 3015 Bern, Switzerland
Telephone: +1 (929) 445 6964/ +41 61 300 7224
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: newrockwood.ai.
After using NewRockWood AI for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: API access|Market news feed|Helpful community forum|Tax reports included
Cons: No phone support on weekends
I opened an account with NewRockWood AI since early this year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Portfolio tracking tools|Smooth onboarding|Demo account available|Reliable uptime
Cons: Limited demo account features
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that NewRockWood AI has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Finansinspektionen|Cannot verify credentials
I was contacted by NewRockWood AI through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
After for about five months with NewRockWood AI, 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: High security standards|Multi-currency support|Personal attention
Cons: Spreads widen during volatile periods
I requested my data from NewRockWood AI under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Clean UI|Risk management tools|Excellent charting|Great customer service
Cons: Charting tools need more indicators|Spreads widen during volatile periods
NewRockWood AI has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Risk management tools|Customizable dashboard
Cons: Help articles are sometimes vague|Withdrawal takes 1-2 business days
For anyone considering NewRockWood AI, please be aware that this company has been flagged by Finansinspektionen. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
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. NewRockWood AI said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Wide product range|Demo account available|Fast deposits
Cons: No dark mode on mobile
Tried to withdraw my funds from NewRockWood AI and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Lost entire investment|Reported to authorities|Unresponsive