New Global investment Review

About New Global investment

The entity known as New Global Investment, operating via newglobalinvestment.com, has received a warning from the United Kingdom’s Financial Conduct Authority indicating that it is not authorised to provide financial services or products in the UK. The alert was issued on 3 September 2024, specifying that the firm may be offering regulated services without permission. The firm is therefore not subject to oversight, and investors would not benefit from protections such as the Financial Services Compensation Scheme or access to the Financial Ombudsman Service. The FCA notice can be reviewed on its official site. 

BrokersView classifies New Global Investment as operating without regulation and labels it a scam. The firm claims to offer trading across multiple asset classes—including Forex, indices, stocks, metals, cryptocurrencies, and energies—but provides no verifiable information about licensing, regulatory supervision, account types, platforms, leverage, spreads, or deposit requirements. The absence of regulatory credentials renders the firm’s operations inherently unsafe for investors. 

Pros and cons

Pros

• This broker is officially flagged by the FCA as unauthorised, confirming its illegitimacy and alerting potential clients to risk.

Cons

• No valid regulatory licences or authorisations are disclosed, indicating the firm operates outside regulatory oversight.
• Claims to provide a broad range of trading instruments (Forex, indices, stocks, metals, cryptos, energies) lack supporting documentation on account features, platforms, commissions, leverage, or deposit thresholds.
• Funds held with this firm are not protected under UK financial compensation schemes or dispute resolution frameworks.