Cryptocurrency Exchanges

www.newcfds.com

1.4 (13 reviews)
🇫🇷 France
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1.4
13 reviews
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About www.newcfds.com

www.newcfds.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs 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.newcfds.com.

Customer Reviews

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Platform down more than it is up

O
Oliver A.
6 days ago

www.newcfds.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Helpful community forum|Copy trading available|Real-time alerts

Cons: Could offer more webinars

Stop loss not honored

M
Megan F.
2 weeks ago

I lost a significant amount because www.newcfds.com 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: Good mobile app|Competitive fees|Quick verification

Cons: Would like more payment methods

No phone number that works

S
Samantha D.
1 months ago

www.newcfds.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Market news feed|Portfolio tracking tools

Cons: Withdrawal takes 1-2 business days|Spreads widen during volatile periods

They upsell insurance you do not need

L
Luke L.
2 months ago

I found www.newcfds.com after doing extensive research and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Multiple order types|Risk management tools|Regular platform improvements

Cons: Nothing significant|No live chat on mobile

Failed me when I needed them most

Z
Zoe M.
2 months ago

I referred a friend to www.newcfds.com after comparing multiple platforms. 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: Wide product range|Multi-currency support|Detailed reporting

Cons: Limited demo account features|Website design could be more modern

The reviews are fake the problems are real

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Nicole J.
2 months ago

I had high hopes for www.newcfds.com after hearing about them at a conference, 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: Transparent fees|Tax reports included

Cons: Charting tools need more indicators|Some tools only available on higher tiers

Terms of service are one-sided

M
Miles T.
3 months ago

I closed a profitable position at www.newcfds.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Detailed reporting|Market news feed|API access

Cons: Inactivity fee applies after 12 months|Website design could be more modern

Withdrawal limits are a trap

V
Vincent G.
4 months ago

The platform itself is okay, but the customer service at www.newcfds.com is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Demo account available|High security standards|Fast deposits

Cons: Mobile app could be improved|Live chat only during business hours

Indicators are limited and buggy

K
Kayla C.
5 months ago

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

Pros: Intuitive for beginners|Real-time alerts|Multiple order types

Cons: Some tools only available on higher tiers|Withdrawal takes 1-2 business days

Horrible from beginning to end

A
Andrew N.
6 months ago

I joined www.newcfds.com from a blog post comparing services 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: Fast deposits|High security standards|Professional team

Cons: Could offer more webinars|Charting tools need more indicators