NEWRGY IMEX

Aman A

1-2 years

Does NEWRGY IMEX charge a commission per lot on their ECN or raw spread accounts?

WikiFX Reply

As an experienced trader who is always diligent about understanding cost structures, I have to stress that NEWRGY IMEX’s fee and commission details are extremely unclear. Based on my due diligence, I could not find any transparent information about commission per lot charges for ECN or raw spread accounts. In fact, I did not find any indication that they even offer true ECN or raw spread accounts in the commonly understood sense; all references to account types or cost breakdowns were notably absent. This lack of basic fee disclosure is particularly concerning. In my practice, I only trust brokers who clearly state their trading costs up-front, as ambiguous or hidden charges are major red flags. NEWRGY IMEX is not regulated, and there have been numerous, consistent reports of withdrawal issues, blocked accounts, and alleged fraudulent activities. Numerous users reported being asked for additional funds labeled as “taxes” before withdrawals, rather than any explicit commission, heightening my concern about their actual business practices. Given there is no evidence of transparent commission structures or legitimate trading conditions, I am personally unwilling to consider NEWRGY IMEX for serious trading, especially when so many reputable, regulated brokers provide clear and honest disclosures about their ECN and commission accounts. This level of opaqueness, combined with high risk and customer complaints, means the safest approach is to avoid this broker entirely.

Broker Issues

NEWRGY IMEX

Fees and Spreads

09-02

United States

Chris hagerman

1-2 years

Are any of the payment methods at NEWRGY IMEX capable of processing withdrawals instantly?

WikiFX Reply

As an experienced trader, I approach any evaluation of payment methods with a particular emphasis on transparency and operational reliability. In the case of NEWRGY IMEX, my research and careful scrutiny of user experiences reveal a deeply concerning situation regarding withdrawals. Despite the broker offering various deposit instructions through in-app contacts and promising straightforward processes, I have found no evidence—either through my own inquiries or extensive user reports—of any payment method, instant or otherwise, successfully processing withdrawals. Instead, the reports are overwhelmingly consistent: numerous traders describe having their withdrawal requests blocked or delayed, often being asked to pay additional fees or taxes before even attempting to access their funds. Many users recount how, after meeting these demands, access to their accounts was restricted or the platform itself became unavailable entirely. The platform’s lack of legitimate regulation and ongoing inaccessibility add to these red flags. Given these facts, and factoring in the complaints and unresolved cases, my conclusion is that none of the payment methods at NEWRGY IMEX reliably facilitate withdrawals—let alone process them instantly. For me, this is a fundamental risk that outweighs any potential benefit. As a rule, I will not entrust funds to a broker where withdrawal remains unproven and users’ access to their own money is so heavily compromised. Caution is not only warranted but necessary in this case.

Broker Issues

NEWRGY IMEX

Deposit

Withdrawal

08-09

United States

Rpy Sundram

1-2 years

Which trading platforms are offered by NEWRGY IMEX? Do they support MT4, MT5, or cTrader?

WikiFX Reply

Based on my close review and personal standards as a trader who places a high value on platform integrity and transparency, I approached NEWRGY IMEX with caution. The only platform they offer is their own proprietary trading software, the NEWRGY IMEX Trading Center, which is accessible via mobile devices. Critically, they do not provide support for widely recognized and independently vetted platforms such as MT4, MT5, or cTrader. This is a major concern for me, as the absence of these industry-standard platforms makes it much harder to verify order execution, access advanced trading tools, or maintain consistency if switching brokers. From my experience, brokers that avoid MT4 or MT5 tend to lack transparency, and it becomes challenging to assess the quality of pricing and execution. The proprietary platform used by NEWRGY IMEX is also further complicated by significant complaints about fund withdrawals and sudden platform inaccessibility. Without a reliable third-party platform, if issues arise, it's extremely difficult to independently validate trades or recover records—this puts client capital at serious risk. For my trading practice, the lack of support for industry-standard platforms and the reliance on a poorly documented proprietary app would be unacceptable, regardless of the products offered.

Broker Issues

NEWRGY IMEX

Platform

Leverage

Account

Instruments

08-02

United States

ryad22

1-2 years

How do the different account types from NEWRGY IMEX compare, and what sets them apart from each other?

WikiFX Reply

Speaking as an experienced independent forex trader, I approach every new broker with a healthy level of skepticism, especially in the absence of clear, verifiable information. With NEWRGY IMEX, I was unable to find any reliable or transparent details regarding account types, which immediately raises concerns for me. According to the available information, there are no specifics about different account tiers, minimum deposits, spreads, leverage, or any other distinctions that typically help traders choose a suitable account for their strategies and risk profiles. Instead, most of what I found about NEWRGY IMEX centers around significant red flags. The broker lacks regulatory oversight, and its website is currently inaccessible, making independent verification impossible. Importantly, the overwhelming majority of user reports involve blocked accounts, vanished funds, and withdrawal refusals. Many traders described additional demands for taxes or fees before their accounts were further restricted, yet none reported a successful withdrawal. For me, the total absence of transparent account structure and basic trading conditions, paired with consistent and credible complaints from global users, means there is no foundation for trust. Given the lack of clear, published account types and the widespread financial harm reported by many, I would not consider NEWRGY IMEX a safe or trustworthy choice for any trader, regardless of experience level or account preference. In my view, robust regulation, reliable withdrawal processes, and transparency are non-negotiable before considering any broker.

Broker Issues

NEWRGY IMEX

Account

Instruments

Leverage

Platform

07-19

United States