ANSWER
Dear Investor,
NewBillion claims to be operated by NewBillion Financial Ltd. However, the platform fails to provide any regulatory information and merely states that it is registered in Saint Lucia with a corporate address in Hong Kong.
We found no matching records for this entity in the Hong Kong Securities and Futures Commission (SFC) database, which raises serious concerns regarding its compliance. Please be aware that any broker providing trading services in Hong Kong must be authorized by the SFC.
While we did locate NewBillion Financial Ltd. in the Saint Lucia International Financial Centre (IFC) registry, this only signifies its incorporation as an International Business Company (IBC) and does not mean it is regulated or holds a financial license. The Saint Lucia IFC does not regulate forex trading, nor does it issue licenses for such activities.
Given these severe red flags, we strongly advise you to avoid engaging in any transactions with such an unlicensed broker to protect your financial security.
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