Neotrades has a rating of 3.5 stars from 162 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Neotrades most frequently mention copy trading, minimum deposit, and pamm account. Neotrades ranks 3rd among Brokerage sites.
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It's quite a typical trading platform for retail traders. Those who want to try something new can test copy trading or account management. I tested account management, namely PAMM, and it was a cool way to earn money. When some professionals are liable for growing your deposit, you need just sit back and relax, but everything isn't as simple as I describe. Range of assets is big, I wanna note that IPO is an attractive feature which allows you to invest into stocks of companies right after they pass IPO. You know... sometimes there are companies which have great potential.
Please be aware of Neo Trades because i'm the victim of their recent scam where they will ask to open your account and deliberately asking your to open a trade with a large position without a stop loss when trade goes against you then they will keep calling to add more money otherwise account will be blow up. I've lost 26K because of their incompetent and unskilled traders where they don't have an idea about the stop loss People will say it's my fault but they will convince you that you have to trust us and they will call you mostly during the office hours when you are busy at your work and you don't pay attention what they are asking you to open the position Trust me they are real scammers...i don't have more words to stay
Please be aware of Neo Trades because i'm the victim of their recent scam where they will ask to open your account and deliberately asking your to open a trade with a large position without a stop loss when trade goes against you then they will keep calling to add more money otherwise account will be blow up.
I've lost 26K because of their incompetent and unskilled traders where they don't have an idea about the stop loss
People will say it's my fault but they will convince you that you have to trust us and they will call you mostly during the office hours when you are busy at your work and you don't pay attention what they are asking you to open the position
Trust me they are real scammers...i don't have more words to stay
Date of experience: September 19, 2024
This whole thing was a scam, a total waste of time. Even though I made a ton of money, they kept my deposit and all my earnings. I didn't get my money back, and the website vanished into thin air. I was about to give up hope when S~P~E~C~T~R~U~M - C~R~E~S~T came to the rescue. They worked their magic and got my money back, plus my profit, in just a couple of days. Not only that, but they helped me regain control of my account and get everything that was rightfully mine. S~P~E~C~T~R~U~M - C~R~E~S~T really knows how to help people in need.
Date of experience: November 22, 2024
They are horrible, deceitful individuals that have stolen my money and often remove all of my evaluations. I've already made $85,000 with them, so don't invest here. For several months, I asked for a withdrawal, but I never heard back. I was upset because I thought I had exhausted all options for getting my money back, but after I located S I M O N C H * C O M and complained to them, they helped me get my money back in full in less than a week.
Date of experience: December 4, 2024
Their platform promises enticing returns but it's smoke and mirrors.
I strongly caution against engaging with NeoTrades,as my experience suggests they operate as a scam company. Be wary of any involvement, as it may result in financial loss and unfavorable outcomes.
I've gotten my money back and that was only way I could go about it. I got help from. (I USED THEIR WEBSITE URL AS MY DISPLAY NAME AND PROFILE PICTURE ON THIS REVIEW INCASE YOU NEED HELP AND WANT TO REACH OUT TO THEM).
Note: I did this because of the strict policy over here and honestly i just want to help as many people as possible to get their money back.
Date of experience: October 10, 2024
It's quite a typical trading platform for retail traders. Those who want to try something new can test copy trading or account management. I tested account management, namely PAMM, and it was a cool way to earn money. When some professionals are liable for growing your deposit, you need just sit back and relax, but everything isn't as simple as I describe.
Range of assets is big, I wanna note that IPO is an attractive feature which allows you to invest into stocks of companies right after they pass IPO. You know... sometimes there are companies which have great potential.
Date of experience: July 13, 2024
There are different things I admire about this broker which includes:
- Tight security
- the copy trading feature of the broker
- The trading platforms that are available.
Trading on this platform has made me enjoy forex, it always used to be boring and stressful but once I started using the right platform, it's been a breeze!
Date of experience: July 5, 2024
I am here, with Neotrades, because of the possibility to help unskilled traders. Yeah, I mean I am the account manager and my primary obligation is to actively manage funds coming from investors.
It's very easy to customize and optimize trading strategy within their transparent dashboard, it's as simple as a pie to track everything that is happening with my investors, i.e. Their performance and there is a possibility to create a personalized PAMM portfolio to maximize profits.
Everything is in REAL-TIME, dynamic picture, so I have no troubles whatsoever. Thank y'all.
Date of experience: July 9, 2024
Damn, their Ipo feature is a... killing one! I remember how I managed to predict good launch of the Reddit on the market due to this feature! Seriously, I opened a position right after they passed through an IPO and the price hiked from ~45 USD per share up to $75, but then there was a pullback. Still... I ain't care cause my TP triggered at $70.
So, it's a valuable function and it's awesome the Neotrades broker provides access to it. I also trade other markets here and it's cool the company also gives access to a wide pool of them for proper diversification.
Date of experience: July 8, 2024
This is a solid trading platform for professional traders. They made trading available on the MT5 app, which is probably the most preferred app among advanced traders, but not only for that.
Neotrades has an excellent market range, even IPOs are included. This broker can be a fit for traders focused on trading shares.
Date of experience: July 10, 2024
I got myself into the Pamm accounts of Neotrades recently. However not from the manager perspective, as you may think, but from the investor.
So far the results are not great I would say, but at least my deposit is still there:)
I think the best way to deal with the Pamm as an investor is to allocate the funds between different managers with different strategies. Just like in proper investing into some bonds or Etfs.
Date of experience: July 11, 2024
I really like trading conditions that I got here! I noticed that my trading became more profitable after I opened trading account here.
Not much, but I get a little more money for trading month.
Actually, the reason I opened trading account here is because I was looking for more favorable cnditions. And I found them!
Date of experience: July 5, 2024
There are different offers that are great. Besides the usual trading account, there is also a PAMM account. For investors who have funds but not the time to manage them, this is a good possilibity of investment as experiecned trades will take of the money and help to increase it. Moreover, I like that company offers MT5 to work with, as the platform is new. The most important is that I can check my trades from my phone through the app
Date of experience: July 5, 2024
Lol, their minimum deposit is on the one hand is too high for rookies, on the other allows them to distribute money correctly.
If one deposits $1k, then there is even a possibility to trade more than 0.01 lots, hence to earn more profits. But yeah... it's not for rookies definitely. In any case, by such a minimum deposit broker just shows that it's not for frivolous traders.
Date of experience: June 22, 2024
When I saw different reviews left by clients who were happy with the service they got from Neotrades, it spiked my curiosity and I got interested in wanting to know more about the company and ways I could register and start trading… thankfully it wasn't too long I started trading with them and the service has been impeccable with a few improvement points. But so much support value has been received from the broker, I'll definitely choose them over and over again 👌🏽
Date of experience: June 27, 2024
I have been trading for a long time and I was starting to get bored of trading on financial markets. Then one of my friends recommended me to try out PAMM accounts.
Honestly, I have not heard about this before but my friend explained everything to me and I thought it is a good idea to wake up my willingness to trade because now I'm responsible for investors' money and want to show them what I have got. By the way, it is a good opportunity to make some additional money besides trading. I mean, as long as I'm profitable I'm getting a part of profit from my investors. :)
Date of experience: June 14, 2024
I will not say that the broker is very accessible. The minimum deposit is above many traders can pay, but the services are worth it. It kinda gives the feeling that I am buying into a premium service, but I am not really paying. And I guess the traders here are also more serious with trading since it is a significant minimum deposit.
Date of experience: June 14, 2024
Neotrades offers different financial services for traders. They also allow you to trade IPO stocks and mark my words, when I create a huge company, you will also buy my stock during the IPO event. Hah.😂
By the way, I'm a big fan of the stock market and luckily the company also provides a wide range of stocks of top companies around the world. The trading platform is convenient and it has plenty of useful technical tools for successful trading. I want to mention their support, whenever I contact them, they always respond quickly and explain how everything works.
Date of experience: June 10, 2024
They are simple, lean and clean =) I like when broker doesnt push its agenda on me. This lets me trade, and doesnt take much RAM in my browser window. Good enough.
Date of experience: June 26, 2024
I have been thinking for quite a long time how to characterize trading conditions🙄
And if I describe them in one word, then it would be the word "Professional"
Date of experience: June 21, 2024
We can describe advantages and disadvantages of this broker's conditions for quite a long time, but the most main thing you need to know is that it is really solid
Date of experience: June 19, 2024
I am fully satisfied with the trading conditions they give to me. I initially thought that minimum deposit was too high, like, you know, not everyone can afford to allocate $1k, nevertheless, I understood that it's only for the better!😇
As I see, many traders stick to the same opinion, it's easier to distribute and manage you funds in that case.
Other than that, it's awesome there is an account representative who you can reach out to and clarify all the issues. Only 2 times a week, but... it's more than enough to resolve issues.
All in all everything works correctly.
Date of experience: June 3, 2024
When it comes to trading, I know that I have paid my dues... I have paid in FULL. I have blown accounts, spent so much time studying, used telegram signal providers... I have doe most things, and now I think I know what works for me here. The broker has been nothing short of excellent in playing its part. There are no issues trading here.
Date of experience: June 3, 2024
I have been in a lot of different telegram groups and to be honest many of the signals were useless and it never worked out. Since that moment I stopped using trading signals from telegram.
However, it turned out that the company also provides trade ideas and their signals really work most of the time. I always steal their ideas and of course make my own analysis also.
Date of experience: June 3, 2024
Not the most expensive broker I have seen, but it quite up there when minimum deposit is considered. However, it is justifiable... because the broker offers a very refined trading environment. All their services, tools and features work very efficiently, allowing me to trade the way I want.
Date of experience: May 28, 2024
I have a very very mingled feelings about Neotrades.
I have tested them for quite a solid period, it was truly nosy for me to understand whether this is a platform where one could easily make money and yes it is. Not easily, remember about knowledge, skills, psychology and so on...
However, I don't really like they have only MT5, cuz forth version is my buddy. Other than that website shares no detailed information about deposits and withdrawals, namely fees, processing time, which is also a minus for me.
So this is why I have mixed feelings. But u can try it...
Date of experience: March 22, 2024
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