General Information
Established In 2022 And Based In Mauritius, Newton Global Offers Trading Services For Forex, Indices, Commodities And Equities. Although Unregulated, The Company Offers Silver Accounts With A Minimum Deposit Of 20 Dollars And Trading Opportunities With Maximum Leverage Up To 500:1. Spreads Start At 0.5 Pips From Platinum And Trading Is Conducted Through The MetaTrader 5 Platform.
Newton Global Offers Three Account Types: Silver, Gold, Platinum. While No Demo Accounts Are Available, Traders Have Access To Educational Resources Including Webinars, Seminars And NGCB Academy. Customer Support Is Provided By Phone And Email, And Deposit And Withdrawal Options Include Bank Transfer, Credit/debit Card And Electronic Payment System.
Advantages And Disadvantages
Advantages
Wide Range Of Tradable Assets: Newton Global Offers A Diverse Selection Of Traded Assets, Including Forex, Indices, Commodities And Stocks. This Allows Investors To Diversify Their Portfolios And Potentially Benefit From Market Volatility Across Different Asset Classes.
Competitive Spreads: Information Indicates That Newton Global Offers Competitive Spreads Across Its Account Types. Lower Spreads May Reduce Trading Costs, Allowing Investors To Retain More Profits. Spreads Start At 1.5 Pips From Silver And Further Narrow To 0.8 And 0.5 Pips For Gold And Platinum Respectively.
User-Friendly Trading Platform: Newton Global Offers A Widely Recognized And Fully Functional Trading Platform, MetaTrader 5 (MT5). It Boasts A User-friendly Interface, A Comprehensive Suite Of Tools, And Advanced Charting Capabilities. MT5 Caters To Different Needs, Allowing Traders To Perform In-depth Technical Analysis And Execute Trades Efficiently.
Educational Resources: Newton Global Offers Educational Resources To Support Traders, Including Webinars, Seminars, And The NGCB Academy. This Is Beneficial For Beginners Or Those Looking To Improve Their Trading Knowledge And Skills.
Disadvantages
Demo Accounts Are Not Mentioned: The Information Does Not Explicitly Confirm Whether Demo Accounts Are Offered. Demo Accounts Are A Valuable Tool For Practicing Trading Strategies And Becoming Familiar With The Platform Without Risking Real Capital. For Beginners, Their Absence Can Be A Drawback.
Margin Requirements Vary: Margin Requirements For Open Positions May Vary Depending On The Instrument Chosen And The Leverage Applied. This Can Range From 1% To 20% Of The Nominal Position Value. While Leverage Can Amplify Potential Profits, It Can Also Amplify Potential Losses. It Is Essential To Understand Margin Requirements And Trade Responsibly.
No Trading On Weekends: Trading Is Not Available On Saturdays And Sundays. This Limitation May Limit Trading Opportunities For Those Who Prefer To Trade On Weekends.
Regulatory Status
Newton Global Does Not Have A Regulatory License From Any Financial Institution Group. The Lack Of Regulatory Oversight Means That Newton Global Is Not Subject To The Stringent Regulatory Standards And Investor Protections Enforced By Financial Industry Regulators. Therefore, Traders Should Conduct Thorough Research Before Using Newton Global's Services, As The Lack Of Regulatory Oversight Poses Higher Risks Involving Safety, Transparency And Accountability.
Market Instruments
Newton Global Is An Investment Platform That Offers A Variety Of Financial Products To Trade On Global Markets.
First Of All, They Offer Forex Trading, Which Allows Users To Trade Various Currency Pairs 24/7. The Forex Market Is Open 24 Hours A Day, And Traders Can Choose Their Trading Hours Based On Exchange Rate Fluctuations, Potentially Profiting From Currency Fluctuations.
In Addition, Newton Global Also Offers Index Trading, Which Is A Portfolio Of Stocks Grouped Together To Provide Diversification And Potential Risk Reduction. Investors Can Access Major Indices Such As The S & P 500, Dow Jones, And FTSE 100, Among Others, To Use Their Positions To Amplify Potential Returns.
Commodity Trading Is Another Option That Allows Investors To Buy And Sell Agricultural Products And Metals In The Market. By Trading CFDs Or Derivatives Such As Gold, Silver, Oil And Coal, Investors Can Take Advantage Of Global Trends To Realize Investment Returns.
Finally, Newton Global Allows Investors To Trade Or Hold Stocks In Financial Marekts In The United States And Europe, Providing Access To Leading Companies In Various Industries And Regions With The Highest Market Capitalization In The World. This Allows Investors To Diversify Their Portfolios And Benefit From The Growth Of Leading Companies In Various Industries And Regions.
Account Types
Newton Global Offers Three Account Types: Silver Account, Gold Account And Platinum Account.
Silver Account Is The Most Basic Account Type Offered By Newton Global. The Minimum Deposit Is $20 And The Average Spread Starts From 1.5 Pips. This Account Type Is Suitable For Beginner Traders Who Are Just Starting Out In Forex Trading.
Gold Account Is An Intermediate Account Type That Offers More Features And Advantages Than Silver Accounts. The Minimum Deposit Is $500 And The Average Spread Starts From 0.8 Pips. This Account Type Is Suitable For Traders Who Have Some Experience And Are Looking For A More Competitive Trading Environment.
Platinum Account Is The Highest Level Of Account Type Offered By Newton Global. The Minimum Deposit Is $4000 And The Average Spread Starts From 0.5 Pips. This Account Type Is Suitable For Experienced Traders Who Are Looking For The Best Trading Conditions.
Leverage
Newton Global Offers Leverage Of Up To 500:1, Meaning You Can Control Positions Worth 500 Times Your Initial Deposit. This May Appeal To You As It Can Potentially Amplify Your Profits. However, Keep In Mind That Leverage Can Also Amplify Losses.
Spreads And Commissions
Newton Global Offers Competitive Spreads Across Its Various Account Types, With Average Spreads Starting From 1.5 Pips For Silver Accounts, 0.8 Pips For Gold Accounts, And 0.5 Pips For Platinum Accounts. These Spreads Represent The Difference Between The Bid And Ask Prices Of Currency-equivalent Assets. Lower Spreads Indicate Smaller Spreads, Which May Reduce Trading Costs For Investors.
Trading Platform
Newton Global's Trading Platform Is Powered By MetaTrader 5 (MT5), A Sophisticated And Versatile Trading Platform Designed To Meet The Diverse Needs Of Traders. With MT5, Users Can Use A Comprehensive Range Of Tools And Features To Perform Trades Across A Wide Range Of Asset Classes, Including Forex, Indices, Commodities, And Stocks. The Platform Offers Advanced Charting Capabilities That Allow Traders To Perform In-depth Technical Analysis Using A Variety Of Indicators And Graphing Tools.
In Addition, MT5 Supports Algorithmic Trading Through Its Built-in Expert Advisors (EAs), Enabling Traders To Automate Their Trading Strategies And Execute Trades Precisely And Efficiently. With Its User-friendly Interface, Robust Security Features, And Integration With Newton Global's Services, MT5 Provides Traders With A Powerful Platform To Effectively Navigate Financial Marekts And Take Advantage Of Trading Opportunities.
Deposits And Withdrawals
Newton Global Offers Traders Multiple Payment Methods In Order To Fund Their Accounts And Manage Transactions Efficiently. These Payment Methods Include Bank Transfers, Credit/debit Cards, And Electronic Payment Systems.
Margin Requirements For Opening A Position May Vary Depending On The Leverage Provided By The Instrument Being Traded, With Margin Requirements Ranging From 1% To 20% Of The Notional Value. For Example, If The Margin Requirement For A Position With A Notional Value Of $10,000 Is 5%, The Trader Needs To Have $500 In His Account To Open The Position, Indicating A Leverage Of 1:20.
You Can Trade 24 Hours On The Competitively Priced NG MetaTrader 5 Offered By Newton Global, But Please Note That Trading Is Not Available On Saturdays And Sundays.
CUSTOMER SUPPORT
Newton Global Offers Comprehensive Customer Support To Help Traders Answer Questions And Solve Problems. You Can Contact Them By Phone On + 971 (0) 4 491 9121 Or + 230 (0) 245 6703. In Addition, Traders Can Communicate With The Support Team Via Email Support@ngcbgroup.com. When A Trader Needs Help With Account Management, Technical Issues With The Trading Platform Or Trading Matters, The Customer Support Team Is Always Available To Provide Quick And Personalized Assistance.
Newton Global Regularly Hosts Webinars And Seminars To Guide Traders In Their Trading Knowledge. In Addition, You Can Also Learn About Trading Fundamentals, Analysis, And Trading Psychology At The NGCB Academy.
