NEWS Review 2026: Is this Forex Broker Legit or a Scam?

Executive Summary: NEWS (News Securities Co., Ltd.) is a long-standing Japanese broker established in 2007, regulated by the rigorous FSA Japan. However, recent complaints expose a wave of imposters targeting international traders. While the actual firm scores a high 7.87 on WikiFX, you must be extremely cautious of fake websites using its name.

Finding a trustworthy financial partner can be stressful, especially when valid companies are impersonated by fraudsters. If you are anxious about the safety of your funds, you are asking the right questions. Before you find a Forexbroker, it is crucial to distinguish between the real entity and the fake ones found on social media. In this review, we analyze the official regulatory data and contrasting user complaints to determine if NEWS is the right choice for you.

Question 1: Regulation & Safety: Is my money safe?

When analyzing the safety of “NEWS” (News Securities Co., Ltd.), we look at the WikiFX database, which currently assigns it a respectable score of 7.87/10. This high score is primarily reflected in its regulatory status.

The Regulator

The broker is regulated by the Financial Services Agency (FSA) in Japan (License No. Kanto Finance Bureau Chief (Financial Instruments) No. 138).

Why does this regulation status matter?

The Japanese FSA is considered a Tier-1 regulator, meaning it is one of the strictest financial authorities in the world. Unlike offshore islands where licenses can be bought cheaply, gaining regulation in Japan requires:

• Significant Capital Reserves: The broker must prove they have substantial assets to cover operational costs.
• Segregated Accounts: This is a critical safety mechanism. It means your trading funds are kept in a separate bank account from the broker's company funds. If the broker goes bankrupt, your money cannot be used to pay their debts.

The “Clone” Waning

While the real News Securities Co., Ltd. is safe and regulated, the regulation does not protect you if you accidentally deposit money with an imposter website. The official domain is `news-sec.co.jp`. If you are trading on any other URL, you are likely outside the safety net of the FSA.

Question 3: What are real traders complaining about?

This is the most critical section of our review. While the WikiFX score is high (reflecting the real company), the complaint section is filled with distressing stories. We have analyzed recent cases from Vietnam, Indonesia, and Turkey to explain what is happening.

Case Analysis: The “Pig Butchering” Scam

Traders from Indonesia and Vietnam reported:

One user described meeting a woman named “Kagami Kishimoto” on TikTok who introduced them to a platform with the “NEW-S” logo. Initially, small withdrawals worked to build trust. Later, when the user tried to withdraw a larger amount, the account was frozen, and the broker demanded various taxes and fees.

What is happening here?

This is a textbook definition of a “Romance Scam” or “Pig Butchering” fraud.

1. The Hook: Scammers use social media (TikTok, Grindr, WhatsApp) to build a relationship.

2. The Bait: They impersonate a legitimate brand (like NEWS) to gain credibility.

3. The Sting: They force you to pay “tax” or “verification fees” to withdraw.

> Pro Tip: Legitimate Forex brokers never ask you to pay tax via a separate wire transfer. Taxes are your personal responsibility to declare to your local government, not something you pay the broker to release funds.

Case Analysis: The “Tax Fee” Trap

A trader from Vietnam reported:

After their account grew to $27,000, they were blocked from withdrawing. The platform demanded a 9% “reciprocal money” fee ($2,430) and threatened a $50 daily fine for late payment.

The Verdict:

Real brokers do not fine you for withdrawing your own money. If you see a platform demanding an external payment to “unlock” your profits, stop immediately. Do not pay. You are dealing with a clone scammer using the NEWS brand name to trick you.

Question 4: What software will I use?

The official News Securities Co., Ltd. website serves the Japanese domestic market. However, the complaints highlight a dangerous trend regarding the software users are accessing.

The Danger of Fake Apps

Victims in the cases mentioned above were sent specific links to download trading apps or access web terminals that featured the “NEW-S” logo.

Security Warning:

Scammers often create fake versions of popular trading platforms like MT4 or MT5, or proprietary web-traders, that look professional but are rigged on the back end. In these fake apps, the numbers you see on the screen are manipulated to make you think you are winning (to get you to deposit more) or losing (to explain why your money is gone).

Protecting Your Login

Your security starts at the door.

• Official Access: Only access the platform through the verified domain `news-sec.co.jp`.
• Login Hygiene: Never enter your login credentials on a link sent to you by a stranger on WhatsApp or TikTok. If you input your login details into a fake site, hackers steal your identity and can use it to target other accounts. Always check the URL bar for the correct domain and the SSL padlock icon before typing.

Final Verdict: Should I open an account?

The decision depends entirely on where you live and which website you are looking at.

• If you are a resident of Japan: NEWS (News Securities Co., Ltd.) is a legitimate, safe, and highly regulated broker (Score 7.87). It is a suitable choice for domestic trading under FSA protection.
• If you are international (Vietnam, Indonesia, Turkey, etc.): You are almost certainly being targeted by a Clone Scam. The legitimate NEWS firm does not appear to actively market highly leveraged Forex services to these regions via social media relationships.

Your 3-Step Safety Checklist:

1. Ignore the “friend”: Real brokers don't find you on TikTok.

2. Check the URL: Is it `news-sec.co.jp`? If not, run.

3. Verify the License: Use the WikiFX App to compare the broker's official contact details with the one contacting you.

Status changes daily. Before depositing, check the WikiFX App for the latest real-time certificate.