BrokersView
Search
Download
English
Sign In

New Pacific

Save

Operating status: SCAM

Website: https://www.newpc-hk.com/

Broker violations and abnormal records
  • 2024-02-28 The SFC adds New Pacific to its warning list

    On 22 February, 2024, the Securities And Futures Commission(SFC) issued a warning against New Pacific, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3003

    On 22 February, 2024, the Securities And Futures Commission(SFC) issued a warning against New Pacific, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3003
  • 2024-02-28 BrokersView has reviewed that New Pacific is an unregulated broker

    According to its website, It claimed that it was regulated by the Securities and Futures Commission(SFC), but after inquiries, it was found that the SFC issued a warning to it. In addition, it is worth our attention that the website is not associated with New Pacific Capital Limited, which is an SFC-licensed corporation.

    In essence, New Pacific is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    New Pacific appears to be a scam.

    According to its website, It claimed that it was regulated by the Securities and Futures Commission(SFC), but after inquiries, it was found that the SFC issued a warning to it. In addition, it is worth our attention that the website is not associated with New Pacific Capital Limited, which is an SFC-licensed corporation.In essence, New Pacific is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.New Pacific appears to be a scam.

Related Complaints

Q&A

How's New Pacific's maximum leverage?

Welly Soler
South Africa
2024-03-05
ANSWER New Pacific is a trading platform that raises serious concerns due to potential fraudulent activities.The platform purports to be managed by New Pacific Capital Limited, a company licensed by the Securities and Futures Commission (HK SFC) of Hong Kong. However, the HK SFC has issued a warning stating that New Pacific is not affiliated with this licensed entity. This suggests that New Pacific may be misusing the details of a legitimate company to deceive unsuspecting investors.Engaging with New Pacific could expose you to risks such as fraud and identity theft. To protect your interests, we recommend avoiding unlicensed platforms like New Pacific and opting for fully regulated ones instead. Stay vigilant in your trading activities to ensure your safety.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.