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NewSolid

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Operating status: SCAM

Website: https://newsolid.com/en-uk/home

Broker violations and abnormal records
  • Mar 01, 2022 BrokersView has reviewed that NewSolid is an Unregulated Forex Broker

    NewSolid claims to be owned and operated by NewSolid Markets Co., Ltd, a  company authorized and regulated by the British Virgin Islands Financial Services Commission (BVI FSC) under the license number 2014785. Without searching the alleged regulation in BVI FSC, we can tell from the given number that this broker is making a false statement of its regulation. Because the correct formate of a BVI FSC license No. starts with letters (e.g. SIBA/L/14/1073). 

    When we verified the qualification of NewSolid via BVI FSC, not surprisingly, we couldn't find any matching results of this broker. So NewSolid is not overseen by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam.

  • Nov 02, 2025 BrokersView has identified that NewSolid's website is currently offline

    BrokersView found that the domain "https://newsolid.com/en-uk/home" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://newsolid.com/en-uk/home" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

IS https://newsolid.com/en-uk/home a scam?

Ibrahim Ball
United States of America
Mar 11, 2022
ANSWER NewSolid is a shady broker operating under no valid regulation. NewSolid claims to be owned and operated by NewSolid Markets Co., Ltd, a company authorized and regulated by the British Virgin Islands Financial Services Commission (BVI FSC) under the license number 2014785. Without searching the alleged regulation in BVI FSC, we can tell from the given number that this broker is making a false statement of its regulation. Because the correct formate of a BVI FSC license No. starts with letters (e.g. SIBA/L/14/1073). When we verified the qualification of NewSolid via BVI FSC, not surprisingly, we didn't find any matching results of this broker. So NewSolid is not overseen by any financial regulator. Traders should keep away from unregulated brokers as they are not subject to necessary laws and principles of operation. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam. Unfortunately, as for your situation, the chance of getting your funds back is slim. What you should do now is never invest your money in this platform again and report it to your local authorities as soon as possible.
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Can you help me to confirm whether Newsolid is regulated?

AhBee
Lithuania
May 31, 2022
ANSWER NewSolid is not a licensed or regulated broker even though it states offers that look good to be true. This broker claims it is owned and operated by NewSolid Markets Co, a company regulated by the British Virgin Islands Financial Services Commission (BVI FSC) under the registration number: 2014785. However, we did not find any match results to the company name or the registration number in BVI FSC.The truth is, NewSolid is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like NewSolid and trade with licensed brokers.
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