Newmar Group Broker Review

Newmar Group (newmargroup.com) presents itself as a Swiss investment broker offering access to forex, stocks, indices, and cryptocurrencies. On its surface, the company appears professional, showcasing a clean website, claims of regulation, and a wide range of trading instruments. However, upon deeper examination, Newmar Group reveals numerous red flags characteristic of high-risk, unlicensed brokerage operations.

This article offers a thorough analysis of the broker’s regulatory status, operational model, complaints, and signs of fraudulent activity.

No Valid Licenses or Regulation

Despite claiming to operate legally in Europe, Newmar Group has no verifiable financial license in any jurisdiction:

• It is not registered with FINMA (Swiss Financial Market Supervisory Authority);
  
• No presence in FCA, CySEC, BaFin, or any recognized regulator’s registry;
  
• The website contains no license number, regulatory ID, or mention of supervision.
  

In October 2024, the Central Bank of Russia officially blacklisted Newmar Group for offering financial services without legal permission. This is a formal recognition that the broker operates outside the law in Russia and poses risks to investors.

The lack of transparent regulatory oversight leaves clients unprotected in case of disputes or fraud.

Fake Swiss Registration and Virtual Offices

Newmar Group claims to be headquartered at:

• Bundesgasse 32, 3003 Bern, Switzerland;
  
• Dreikönigstrasse 31A, 8002 Zurich, Switzerland.
  

Independent verification revealed that these are virtual office addresses, commonly used by shell companies. No physical Newmar Group presence was confirmed at these locations.

The Zurich address, in particular, is known to have been used by other scam brokers, such as Trader Whale — a strong indicator of recycled fraud infrastructure.

Furthermore, no registration documents, trade licenses, or legal ownership records are available. This anonymity is a significant red flag and common in scam operations seeking to avoid accountability.

Structure, Ownership, and Legal Gaps

Newmar Group does not disclose:

• Corporate registration numbers;
  
• Names of directors, founders, or beneficial owners;
  
• Jurisdiction of legal incorporation;
  
• Bank or custodial arrangements for client funds.
  

Such lack of transparency is not acceptable for a legitimate financial institution. It suggests the company was either never properly incorporated or was created as a disposable shell entity.

Criminal Complaints and Law Enforcement Actions

In February 2025, the Ministry of Internal Affairs of Kyrgyzstan opened a criminal investigation involving Newmar Group. A local woman lost $65,000 after being persuaded via Telegram to invest through the company.

The suspect, arrested shortly after, was in possession of SIM boxes, cards, and electronic devices commonly used in financial fraud operations. This indicates the group behind Newmar Group targets victims through messaging apps and social manipulation.

In addition, there have been attempts by fake legal recovery agents, claiming to represent FINMA, to solicit more money from victims under the pretense of recovering lost funds. These “lawyers” even distributed fabricated court documents, including fake Swiss case numbers, to support their claims.

Marketing Tactics and Fake Reputation

Newmar Group’s online presence includes dozens of glowing reviews posted on:

• Non-specialist blogging platforms (Medium, Teletype);
  
• Paid press releases on obscure websites;
  
• Anonymous LinkedIn and YouTube comments.
  

These reviews typically highlight:

• “Fast withdrawals within 24–72 hours”;
  
• “Swiss reliability and transparency”;
  
• “Over 250 financial instruments”;
  
• “Cutting-edge web trading terminal.”
  

However, these posts are suspiciously generic, repetitive, and unverifiable — classic traits of manufactured content aimed at reputation management.

Real Customer Complaints

Conversely, numerous users on independent forums and complaint aggregators share consistent and disturbing experiences:

• Withdrawals blocked or delayed indefinitely;
  
• Clients asked to pay additional fees (insurance, taxes, verification) before withdrawals;
  
• Some report having their accounts frozen or deleted after complaining;
  
• Others were pressured to deposit more under false pretenses.
  

One typical story reads:

“They asked for a $100 deposit, then immediately said it was used for insurance. Then they asked for another $250 to unlock the account. In the end, I lost over $1000 and never got a single dollar back.”

Others confirm that only after legal intervention or chargeback attempts via banks did they recover any funds.

Trading Platform and Conditions: No Transparency

Newmar Group claims to offer a proprietary web-based trading platform, but there is no technical documentation or audit reports confirming its legitimacy.

Key issues:

• No access to MetaTrader 4/5, cTrader, or regulated platforms;
  
• No visible spread, margin, or leverage policies;
  
• No terms for demo accounts, institutional trading, or segregation of funds;
  
• The website lacks details about order execution, slippage, or trade routing.
  

In short, this appears to be a closed, unregulated, simulated interface, rather than a real trading platform connected to global markets.

Referral-Only Registration System

Another suspicious feature is that registration is only possible via referral links, often distributed in:

• Telegram groups;
  
• WhatsApp chains;
  
• Instagram influencer stories.
  

There is no public registration button on the official website. This indicates a closed MLM-style recruitment strategy, where income likely comes from attracting deposits, not from trading activity.

Regional Focus and Victim Profile

Despite posing as a Swiss broker, Newmar Group’s activities appear concentrated in:

• Russia and the CIS region;
  
• Central Asia (including documented fraud in Kyrgyzstan);
  
• Eastern Europe (Romania, Bulgaria, Poland);
  
• Minor presence in German and Arabic-speaking countries.
  

These are regions with high scam exposure, limited investor protection, and low enforcement of cybercrime across borders.

Association with Previous Scam Projects

Newmar Group’s infrastructure, domains, templates, and addresses show overlap with:

• Trader Whale;
  
• Meta Wealth;
  
• LexTrade.
  

Such similarities suggest Newmar Group is likely part of a serial scam network, rebranding and launching new sites every 6–12 months under new names after bad publicity or legal exposure.

Final Assessment: High Risk and Likely Fraud

Based on the evidence, Newmar Group is not a legitimate broker. It does not operate under any legal financial framework, and its model resembles that of a classic forex scam:

• Simulated trading platforms;
  
• No regulatory oversight;
  
• Psychological pressure tactics;
  
• Aggressive deposit solicitation;
  
• No intention to return client funds.
  

The project relies on a fabricated Swiss identity, unsubstantiated success claims, and a flood of fake reviews to attract victims. After operating for a few months, it will likely vanish and re-emerge under a new name.

Avoid Newmar Group at all costs. Do not deposit funds, share personal data, or engage with any representatives. If you have already transferred money:

1. Gather all communication records;
   
2. Contact your bank or payment provider and request a chargeback;
   
3. Report the broker to financial authorities in your country;
   
4. Do not engage with “recovery agents” offering paid services.
   

Choose only brokers licensed and supervised by trusted regulators (FCA, ASIC, CySEC, etc.) — always verify their registration through official databases.