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NEW HONGSHENG LIMITED -

Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

NEW HONGSHENG LIMITED

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.newhongshengfx.com

Website

Open Account Time Machine

Rating Index

Contact

support@newhongshengfx.com
https://www.newhongshengfx.com
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

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Company Name

NEW HONGSHENG LIMITED.

Abbreviation

NEW HONGSHENG LIMITED

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 20 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

NEW HONGSHENG LIMITED · WikiFX Survey

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NEW HONGSHENG LIMITED · Company Summary

General Information

NEW HONGSHENG LIMITED., or New Hongsheng FX, is a forex brokerage based in the United Kingdom, engaging in providing clients with various financial products and services. The broker has offices in Zurich, Hong Kong, Dubai and Tokyo as well.

Market Instruments

New Hongsheng offers investors a range of financial instruments including forex currency pairs, commodities, indices, precious metals.

Leverage

New Hongsheng provides up to 1:1000 in leverage.

Spreads & Commissions

The benchmark EUR/USD spread floats around 0.2-0.3 pips, and no commission is applied.

Trading Platform Available

New Hongsheng provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform which is used by millions of traders around the globe.

Deposit & Withdrawal

New Hongsheng hasnt made available payment methods clear on their website. Brokers which accept VISA and MasterCard are recommended because these major card providers allow chargebacks within a year and a half from the date of deposit to those investors who have fallen victim to a scam.

Customer Support

If clients have any questions or concerns, please email at support@newhongshengfx.com for consultation.

Review 22

22 Comments
Write a comment
All(22) Latest Exposure(22)
Exposure
The website has been closed unexpectedly
They are so bad. They dare to close the website. I asked the customer service how I can get my money back and I was told that I should deposit another $5,000 to get my money. So I tried to login to the account to see my account balance on about June 7. However, I failed. So I contacted Mr. Wu via LINE, but he said some bad words to me. I hope someone can help me recover my money
FX9527004882
2021-06-24
Exposure
NEW HONGSHENG LIMITED scams
Askme to open this account to facilitate my friends to remit money, but the money would go in and I asked for a deposit of 5,000 US dollars when it was submitted. The deposit was transferred but the money could not be successfully submitted. I had to remit a 5,000 yuan security deposit. I remit a total of NT$230,000, this is simply a fraud
FX9527004882
2021-05-26
Exposure
NEW HONGSHENG LIMITEDscams
Ask me to open an account here to ease remittances to my friends. But then I was required to pay a margin of $5,000
FX9527004882
2021-05-26
Exposure
NEW HONGSHENG LIMITED is a fraud company. Unable to withdraw
FX3309074478
2021-04-16
Exposure
I HOPE I'M NOT THE ONLY ONE WHO IS STILL UNABLE TO REACH NEW HONGSHENG?
It is evident that New hongsheng absconded with every investors money right after a bank transfer is made to their account. it is so sad that i did not research well before sending my hard earned money to this platform. I invested in two companies as at January 16th 2021 cryptoassetsbay.tech and New Hongsheng limited. My investment is still doing really well with cryptoassets and i am still amazed how New hongsheng where i invested a larger capital absconded with my money. i hope the authorities can find these scammers on time.
FX1477014400
2021-04-11
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