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Is Neofin Groups Safe or Scam?

Oleg Tkachenko
Written by:
Oleg Tkachenko
Chinmay Soni
Reviewed by:
Chinmay Soni
Mirjan Hipolito
Fact-checked by:
Mirjan Hipolito
Updated:
July 05, 2026

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

What is known about Neofin Groups at the moment?

Neofin Groups is a financial services company that has raised significant concerns regarding its legitimacy. The firm claims to be regulated by several authorities, but investigations reveal it is not authorized by major regulators such as the UK FCA, ASIC, or FSCA. Additionally, the Italian financial regulator CONSOB has issued warnings against Neofin Groups, highlighting that it is not authorized to provide financial services in Italy.

User reviews and analyses strongly advise caution. Numerous reports highlight issues such as difficulties with fund withdrawals, misleading information about investment returns, and unresponsive customer support. The company also operates with a high level of anonymity, which is a common red flag for potential scams.

Further compounding these concerns, Neofin Groups has been linked to jurisdictions with minimal regulatory oversight, such as Belize and Vanuatu. These locations are known for lenient registration conditions and minimal enforcement of financial regulations, which increases the risk of encountering unfair pricing practices and opaque trade execution methods.

In summary, the lack of proper regulatory oversight and numerous user complaints suggest that NEOFIN Groups is a high-risk investment option. Potential investors are strongly encouraged to avoid this platform and consider more reputable, regulated alternatives to ensure the safety of their investments​

Company name Neofin Groups
Foundation date 2023
Registration address 29 Pl. du Général de Gaulle, 59700 Marcq-en-Barœul, France Stationsstraat 102, 2800 Mechelen, Belgium
Operating geography EU
Specialization Loans
Regulation ⚠️ Scam
Official site https://www.neofin-groups.com/
Contacts
contact@neofin-groups.com
Disclaimer

Information is based on publicly available regulatory sources and published in accordance with our Financial Warnings & Scam Database methodology.

TU Expert Advice: “I do not recommend Neofin Groups”

Anton Kharitonov
Anton KharitonovChief Analytics Officer

I have been working in the financial services market for a long period of time and consider myself an expert in safe investing. I can note that Neofin Groups demonstrates the following characteristics:

  • Neofin Groups is not regulated by a Level 1 regulator.
  • Neofin Groups is not regulated by a Level 2 regulator.
  • Neofin Groups is not regulated by a Level 3 regulator.
  • The company is either registered offshore or its registration number cannot be confirmed through official online databases.
  • The information about the Neofin Groups’s management is either absent or unreliable.

I recommend completely disregarding any mentions of such companies and refraining from doing business with them and its affiliate bodies. If you are already a client of such a company, immediately explore all options for getting your money back, up to filing a complaint with the financial oversight authorities and courts.

I recommend choosing only reliable and verified partners for trading on financial markets. You can use our 'Find my broker' tool for this purpose.

Which sources were utilized to evaluate the security of Neofin Groups?

The following information was used for the analysis and assessment of Neofin Groups reliability:

  • Registration details and information on licenses of brokers, financial companies, and their subsidiaries are published on their official websites.
  • Information from regulators' registries, including warnings, comments, and publications by regulators.
  • Data from analytical portals, including reviews, complaints, and claims filed by traders.

The latest database update: July 05, 2026.

Why do we have the expertise to assess the reliability of Neofin Groups?

Over the years of working with the analysis of financial companies, Traders Union has accumulated a significant knowledge database. Our analysts know how to distinguish scams from reliable companies. Every month, we publish important insights on this topic.

Claims Consideration Statistics of the Financial Commission (July, 2026)
Over 55 brokerage companies are members of the Financial Commission.
On average, more than 3,000 claims per year are filed with the Commission, which is not much compared to the number of traders worldwide.
The total damage amount in claims against brokers is over $24 million per year. The average claim amount is $7,400.
Compensation amounts awarded to traders total $1 million per year. This is the average data over the past five years.
The average claim consideration period is 6-8 days.
The ratio of claims against members of the Commission to claims against other brokers is 3 to 4 on average. That is, only 75% of all claims are filed against members of the Commission.
Over the past five years, about 85% of the considered claims were resolved in favor of one of the parties. About 15% of the reviewed claims remain unresolved.
About 35%-40% of claims are considered in favor of traders. About 60%-65% of claims are considered in favor of brokers.

Conclusion The Financial Commission is an independent organization that most often sides with brokers, unlike regulators who support traders. However, regulators typically consider only collective claims, while the Financial Commission also handles individual claims. Despite this, the number of claims considered by the Commission is relatively small. Whether a broker's membership in the Financial Commission is an additional benefit for traders remains uncertain.

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Editors' Top Picks and Insights

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Team that worked on the article

Oleg Tkachenko
Oleg Tkachenko
Editor at Cryptocurrency & Blockchain Department

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018.

Learn about our editorial policies
Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito
Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

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