Forex Brokers

Norwich Group

1.4 (13 reviews)
🇦🇺 Australia
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1.4
13 reviews
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About Norwich Group

Norwich Group has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852-3175-0946, fax 852-3017-0700

Addresses: Suites 1-3 16th Floor Kinwick Centre 32 Hollywood Road Central Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.norwichinvest.com.

Customer Reviews

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Documents rejected repeatedly

C
Catherine I.
1 weeks ago

I referred a friend to Norwich Group after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Intuitive for beginners|Fast deposits

Cons: Limited cryptocurrency options|Some tools only available on higher tiers

Complete waste of time

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Daniel X.
1 weeks ago

The spread at Norwich Group is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.

Pros: Clean UI|Segregated accounts|Quick verification|Regular updates

Cons: Wish they had more educational resources|Inactivity fee applies after 12 months

Bonus clawback on technicality

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Derek G.
2 weeks ago

I trusted Norwich Group with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Helpful community forum|Excellent charting|Low minimum deposit

Cons: Wait times can be long during peak hours

Shocking lack of professionalism

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Andrew E.
2 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Norwich Group recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Smooth onboarding|Excellent charting

Cons: Limited cryptocurrency options|Alert system is basic

They upsell insurance you do not need

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Victoria B.
3 months ago

The onboarding at Norwich Group was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Helpful community forum|Portfolio tracking tools|Fast deposits

Cons: None so far|Mobile app could be improved

Withdrawal blocked indefinitely

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Patrick W.
5 months ago

I opened an account with Norwich Group for over a 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: Economic calendar|Excellent charting

Cons: No integrated tax optimization|No fractional shares

Disappointing experience overall

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Vanessa B.
9 months ago

I had high hopes for Norwich Group after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Fast deposits|Copy trading available|API access|Easy to use platform

Cons: Alert system is basic

A disaster from day one

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Karen S.
9 months ago

I lost a significant amount because Norwich Group did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Professional team|Responsive team|Reliable uptime

Cons: Research section could be deeper|Cannot customize dashboard fully

Beware of hidden costs

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Lindsey E.
10 months ago

After for nearly two years with Norwich Group, 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: Social trading features|Fast execution

Cons: Wait times can be long during peak hours

No real market analysis

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Aaron S.
10 months ago

I joined Norwich Group through word of mouth in my investment club and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Demo account available|API access|Good mobile app|Customizable dashboard

Cons: Limited social trading features|Mobile app could be improved