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LoukiaCharilaou
Within 1 year

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil on NEWRGY IMEX?

Broker Issues
NEWRGY IMEX
Account
Instruments
Leverage
Platform
02-07
United States
WikiFX
Reply

From my research and trading experience, NEWRGY IMEX claims to offer a variety of financial products, including gold (XAU/USD) and crude oil. On paper, this might sound appealing to traders looking to diversify. However, my foremost priority is safety and the ability to reliably access my funds. What deeply concerns me is that NEWRGY IMEX is currently unregulated, with its regulatory status flagged as suspicious. Even more troubling, there are numerous documented complaints from traders about being unable to withdraw their money, and reports of the platform disappearing entirely, leaving users locked out of their accounts. Personally, regardless of the advertised range of tradable assets like gold and crude oil, I would absolutely not consider trading with a broker where access to funds or platform reliability are repeated issues. I’ve seen first-hand how critically important it is to have confidence not just in asset access but also in the broker’s legitimacy and responsiveness, especially during times of market volatility or withdrawal requests. Without regulatory oversight or transparent operations, there’s simply no safeguard for traders—even if gold or oil trading is technically “supported.” In my view, the risks here far outweigh any potential benefit, so I approach NEWRGY IMEX with maximum caution.

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