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    Neotrades

Neotrades

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Overview

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.

  • Service
    44
  • Value
    34
  • Quality
    42

This company does not typically respond to reviews

Positive reviews (last 12 months): 87.6%
Positive
85
Neutral
5
Negative
7
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How would you rate Neotrades?
Top Positive Review

“Typical platform”

Anthony O.
7/15/24

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: 7/13/24
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Top Critical Review

“Neo Trades Scam Company”

Vicky A.
9/19/24

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: 9/19/24
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Reviews (162)

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Reviews that mention popular keywords

trading conditions (20) trading platform (18) copy trading (27)
Thumbnail of user mickym324
Illinois
1 review
0 helpful votes
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December 19th, 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

Thumbnail of user garruchozoey
Nigeria
5 reviews
0 helpful votes
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October 10th, 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

Thumbnail of user matasl
Argentina
1 review
0 helpful votes
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June 3rd, 2024
Verified purchase

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.

Value

Date of experience: June 3, 2024

Thumbnail of user rodrigod80
Chile
1 review
0 helpful votes
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June 3rd, 2024
Verified purchase

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

Thumbnail of user andresm286
Mexico
1 review
0 helpful votes
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May 28th, 2024
Verified purchase

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

Thumbnail of user pablot77
Chile
1 review
0 helpful votes
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June 5th, 2024
Verified purchase

This platform seems to be targeted at experienced traders, and its concept is built around that. Maybe I am wrong about the second, but I am pretty sure about the first part 😀
The range of instruments is vast. The app they choose to offer is MT5, and a PAMM account option is available, along with other features that pro traders would like to see from a broker.

Quality

Date of experience: June 5, 2024

Thumbnail of user juanm1592
Chile
1 review
0 helpful votes
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June 11th, 2024
Verified purchase

The MetaTrader 5 is actually a decent trading engine. I thought of it as an old-timer and for reasons unknown I have always avoided trading on this app.
What made me give it a chance is actually the fact that I wanted to start trading with neotrades and the MT5 is the only trading terminal they offer. A friend of mine with whom we are exploring the markets together and sharing our experiences has recommended this broker. It provides great market insights and trading ideas, and you, as a client of theirs, have a dedicated account representative.
All these are features the pro traders are getting with significant trading account sizes, while at Neotrades you will get access to them with only a $1000 initial deposit requirement for the Standard account.
What I wanted to say is that the onboarding process went smoothly. MT5 is quite a simple trading platform to get comfortable with, even if you have not traded on it.

Value

Date of experience: June 11, 2024

Thumbnail of user alejandroa278
Mexico
1 review
0 helpful votes
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June 3rd, 2024
Verified purchase

I appreciate when the broker I trade with provides me with solid market insights or trading ideas. Neotrades does both.
However, what I like the most is their market analyses. Unlike most of the brokers, where the market analyses are focused mostly on major forex pairs, on gold and maybe on a few indices, on this platform I read analyses for a wider range of markets, including for companies and their stocks.
Also, I would like to mention that they have made the best decision to choose MT5 as their primary trading software.

Quality

Date of experience: June 3, 2024

Thumbnail of user aarons1464
Argentina
1 review
0 helpful votes
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May 26th, 2024

I already had trading experience before I opned account with this company. I came here for more favorable trading conditions.
I deposited my account here by $1200 and started trading.
Apparently my mood was too good and I didn't notice how I opened several orders with 0.50 lot instead of 0.05 lot 😬
This almost led to unfortunate consequences.
But I noticed it in time...
I wrote this because I noticed that there were no problems when opening such a large lot. Order was executed smoothly as if it was only 0.01 lot.
This indicates a high quality of execution.

Date of experience: May 26, 2024

Thumbnail of user stefanoz14
Colombia
1 review
0 helpful votes
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June 3rd, 2024
Verified purchase

The speed of the platform is something I really enjoy and it makes trading very easy going. Also;
- The trading and analytical tools are also effective and easy to operate.
- Trading on this platform is give me access to copy trading, which allows me to make more money passively but carfully. You cannot trust all the traders.

Date of experience: June 3, 2024

Thumbnail of user ignacioc105
Chile
1 review
0 helpful votes
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May 26th, 2024
Verified purchase

I don't know who created the Trading ideas of the broker and who is responsible for the analytics, but I salute to him!
I made so many profitable deals using this feature. Of course some of them were with small profits, actually the majority were with small profits, but still, it works!
I wish they would expand it to more assets.

Date of experience: May 26, 2024

Thumbnail of user camilos23
Colombia
1 review
0 helpful votes
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May 29th, 2024
Verified purchase

I am satisfied with those services Neotrades broker supplies.
There is a MetaTrader 5 trading engine which seems to be one of the most optimized and developed nowadays. It outperforms MT4, its predecessor, and this is cool. I experience no delays in execution, as well as it's possible to algo trade using EAs.
The range of market is very broad, I don't feel any shortage of assets and it's awesome they provide you with trade ideas which always come in handy and help in the analysis.
Thank you guys, as they say, keep up the good work, you apparently have a real potential.🤗

Quality

Date of experience: May 29, 2024

Thumbnail of user cesaro81
Chile
1 review
0 helpful votes
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May 19th, 2024

If you are a client of this broker, then you have definitely used personal account area.
In it, I deposited my account, manage my settings and much more.
I like its structure and what functions it has. I especially like money management tools. I can view history of all money transfers. So for example, I like to count profit that I withdraw :P

Quality

Date of experience: May 17, 2024

Thumbnail of user martinf504
Argentina
1 review
0 helpful votes
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June 6th, 2024

When I firstly entered the Neotrades platform, I was like " :O" after seeing how much money I had to deposit in order to get Standard account.
Well, I am not greedy at all, so I deposited $1k and started to do wonders. Hahaha, just kidding, I started from the demo account and only after I created a kind of strategy I started to work on a real acc and do my best to multiply profits.

Date of experience: June 6, 2024

Thumbnail of user andress159
Colombia
1 review
0 helpful votes
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May 27th, 2024

I have quite positive impressions about this trading platform. All in all it allows you to reveal your potential as a trader, you know.
I am a scalper, I chose Standard account and I really like spreads. You have to know how we, scalpers, are sensitive to spreads, because we execute millions of deals within one minute. Just a joke, but you know what I am driving at.
So, whether these are currency pairs, shares - whatever. Spreads are tight if you know when to trade, cuz sometimes they may widen, especially when it comes to news release, for example.

Date of experience: May 26, 2024

Thumbnail of user luist315
Colombia
1 review
0 helpful votes
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May 19th, 2024
Verified purchase

The variety of financial services in Neotrades company is really beyond my imagination. I can trade any assets and some of them were for the first time in my trading path, these are Bonds and ETFs.
Trading platform is multifunctional but it was hard to adapt to it at first. Anyway it was worth it spending a lot of time learning how to use their trading platform.

Date of experience: May 19, 2024

Thumbnail of user eduardob200
Chile
1 review
0 helpful votes
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May 31st, 2024
Verified purchase

Obviously, this broker is a solid company. At least this is shown by impressive minimum deposit. I needed not a small amount to open account. So, you need to be prepared for this

Date of experience: May 31, 2024

Thumbnail of user eduardor331
Argentina
1 review
0 helpful votes
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May 26th, 2024
Verified purchase

It was the first time I've used PAMM accounts for investments. I mean I know how to trade but I don't have enough time to devote to trading, so I decided to invest my money in PAMM accounts of professional traders. I made up my own investment portfolio and invested in a few accounts of traders and it is kind of diversification for the portfolio to invest in different strategies.

Value

Date of experience: May 26, 2024

Thumbnail of user facundor2
Argentina
1 review
0 helpful votes
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May 15th, 2024
Verified purchase

I spent about 9 days trying to find out everything about this company. I checked any information I found online.
And I was convinced of this broker's reliability.

Quality

Date of experience: May 15, 2024

Thumbnail of user timoteos5
Chile
1 review
0 helpful votes
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April 8th, 2024

The broker is versatile and offers many services for traders. I would like to highlight the advantages of accounts that they provide for us. Traders can choose three types of account from. I chose an advanced account with great advantages. There are tight spreads, low commissions and high leverage up to 1:400. They also provide a dedicated manager that always helps me. :D

Date of experience: April 8, 2024

Thumbnail of user giovannir99
Argentina
1 review
0 helpful votes
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April 8th, 2024
Verified purchase

The first time I encountered Neotrades, I was for sure impressed, like WOW!

Yes, I get that the minimum deposit limit is high, but it is totally worth it. The copy trading platform provided by the broker is very helpful because they have many experts the provide strategies. There is a long list of traders that you could copy from, and also you can learn a thing or two from the successful traders. Maybe you would be able to take advantage of the market yourself.

Service

Date of experience: April 8, 2024

Thumbnail of user pablof85
Chile
1 review
0 helpful votes
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April 4th, 2024
Verified purchase

The broker provides a big choice of trading assets and it shows this broker is top level. I prefer to trade on commodities and the conditions amazed me. Especially I love trading Gold and Silver and there is high leverage up to 1:150 and spreads are tighter than on Forex personally for me.
They also offer a lot of trading material for free on their education section. I would like to highlight that there are lots of trading ideas published everyday and it is helpful for beginners and experienced traders.But their technical support is in no hurry to answer my questions.

Date of experience: April 4, 2024

Thumbnail of user franciscom481
Colombia
1 review
0 helpful votes
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April 1st, 2024
Verified purchase

This broker provides good conditions for me. Mainly I trade currency pairs and stock cuz I am an old school trader. I like that there is high leverage up to 1:400 on the Forex market and 1:20 on the Stock market and the quantity of assets is really big.
The trading platform has a beautiful user interface but there are not many functions as I thought.

Date of experience: April 1, 2024

Thumbnail of user davidm11164
Chile
1 review
0 helpful votes
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April 9th, 2024

One of the tools I am actively enjoying with this broker is the PAMM account. I literally don't have to do too much again. It's made investing a lot more convenient and easygoing, I really recommend this broker to any newbie looking for an easy stress-free way to make money.😍 But the broker is really not cheap.

Service

Date of experience: April 8, 2024

Thumbnail of user ricardoc475
Argentina
1 review
0 helpful votes
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March 29th, 2024

I have been trading with them for a long time and I didn't have any problems that made me want to share feedback about them.There are many various instruments available for trading.
I would like to mention that there is an opportunity to get stocks of a company in IPO earlier than other traders, although I'm an experienced trader.It was my first time to try out this service :D

Service
Value

Date of experience: March 29, 2024

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From the business

A secure, award-winning, innovative Forex and CFDs broker you can trust! In a fast-paced trading industry, missing out on even the smallest detail can often make the difference between success and failure.

We believe that only a perfect blend between technology, education, and professional customer service can answer the needs of a modern trader.

We recognize the importance of quality in every service we provide, so we are working hard to ensure that our community enjoys transparent services and ground-breaking products.

Company Representative

Thumbnail of user marcusp277
Marcus P.
Typically does not respond to reviews

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