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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
See critical reviews

Reviews (162)

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Reviews that mention popular keywords

trading conditions (20) trading platform (18) copy trading (27)
Thumbnail of user luish384
Mexico
1 review
0 helpful votes
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April 9th, 2024
Verified purchase

I know how difficult it can be for novice traders to get proper foundation in this ever changing trading world. To bring ease, guys, check Neotrades.
This broker offers two great features that might help new traders-Copytrading and PAMM account.
Copytrading is easy. Just select a trader based on track record and rsik rating, then enter a copy amount, and finally click copy. Emulate wisdom of experienced traders!
The second feature is PAMM account. I used it like this: I found a money manager whose track record was good and invested some money, and whenever the trader (manager) made a profit, I paid pre-agreed performance fees. The overall process was smooth and transparent.
I think these aspects of Neotrades will help those starting out.

Date of experience: April 9, 2024

Thumbnail of user joseg1899
Colombia
1 review
0 helpful votes
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April 7th, 2024
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My opinion about trading experience that I received here can be divided into several parts.
- First is the processes related to account management. I can't say that it's easy to open trading account if you don't have experience and enough money in your account. Although the process itself didn't seem difficult to me.
- Second is the experience of using platform. Here I got excellent selection of financial instruments that are secured by trading conditions. And Irealized all this on MT5. This platform familiar to me for a long time and I know how to use its potential.
- Third is the experience of executing orders and quotes. I traded stocks and ETFs. Quotes correspond to global markets, and execution is fast and clear.

Service
Quality

Date of experience: April 7, 2024

Thumbnail of user alfonsoc132
Colombia
1 review
0 helpful votes
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April 20th, 2024

I am dependent on trading signals or ideas, whatever you wanna call them. I don't have the confidence to trade independently yet, so I found the trading ideas useful and helpful.

Service
Value
Quality

Date of experience: April 19, 2024

Thumbnail of user eduardoc317
Colombia
1 review
0 helpful votes
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March 21st, 2024
Verified purchase

I am just a regular here.
I trade every day, without any exceptions, even if the market's storming. Vice versa, storms indicate opportunities, but one should act way more carefully;)
There is a great selection of instruments for analysis, besides classical kit, there are news on the platform, trade ideas and some market insights. This combination helps me to stay abreast of the current market's sentiment to make prudent decisions.
Trading engine is famous metatrader 5, the ultimate solution of all times, as to me. So, thanks neotrades, you make my days better.

Date of experience: March 21, 2024

Thumbnail of user hectorg352
Mexico
1 review
0 helpful votes
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March 15th, 2024
Verified purchase

I used the copy trading platform and I have to say that I did not expect it to be this effective and rewarding. Maybe I was lucky with my picks, because I know you can also make losses when copy trading, but the traders I have selected so far have been very good. See how long it lasts

Date of experience: March 15, 2024

Thumbnail of user ahmeda970
AE
2 reviews
1 helpful vote
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March 21st, 2024

In considering Neotrades for your trading activities, be cautious. The platform offers a limited stock selection and lacks transparency about this limitation. Its reliability and customer support have been disappointing, and it does not hold certifications from key regulatory bodies in Europe or the USA. Disturbingly, there have been instances of misleading information regarding the company's location and the difficulty in retrieving funds once deposited, raising serious security concerns. Additionally, while their salespeople may promise lucrative opportunities, remember that trading CFDs carries significant risks. Importantly, there are numerous certified and reputable CFD platforms available that offer a safer and more transparent trading environment. Always perform diligent research to find a platform that best suits your needs.

Date of experience: March 21, 2024

Thumbnail of user yadalavenkateswarlu58
India
1 review
2 helpful votes
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March 5th, 2024

I have put my entire money in Neo traders hand but they square off everything,1st they told we will book profit every day like that but now they are telling market not good that is why account became zero, and I have paid full registration fee till now they not sent invoice, please be careful don't trade with this company, they will not take responsibility on our money they will put like a lottery

Service
Value
Quality

Date of experience: March 5, 2024

Thumbnail of user franciscom479
Chile
1 review
0 helpful votes
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March 26th, 2024

It is one of the best brokers I have ever worked for trading. They provide many financial instruments for us. I can trade anywhere and anything. I especially like to participate in the IPO. It is really a great opportunity to feel like a major investor like in the movies about finance. I would like to highlight their financial services like PAMM-account and copy trading, these are really useful things for traders of any level of trading. They also provide a lot of free trading materials for us. I have learned a lot of new things about trading and I have improved my skills.

Service
Value

Date of experience: March 26, 2024

Thumbnail of user gustavom236
Argentina
1 review
0 helpful votes
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March 18th, 2024
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The broker's PAMM account is a feature through which both an investor and a manager can benefit. For an investor it can be an additional source of income, while for a manager a capital injection + fees earned.
I find the option to be of great value to new traders.Also, educational part of the broker is rich in content.
In general, a solid choice I d say.

Date of experience: March 18, 2024

Thumbnail of user hassana332
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1 review
0 helpful votes
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March 13th, 2024
Verified purchase

There are different payment methods that are acceptable by this broker. This has been a hassle with other brokers as some payment methods are not acceptable in some regions, so making varieties available is very good.

This broker has really met my needs in this area and this is why I still trade with them.😜

Date of experience: March 13, 2024

Thumbnail of user sergior383
Colombia
1 review
0 helpful votes
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March 4th, 2024
Verified purchase

I wish every trader to find such a broker that will meet all your requirements;)
I found such company!
This broker suits my trading conditions (spreads and leverage of the size I need).
Here is exactly that trading platform that I am familiar to use.
And of course I like support I get every day.

Date of experience: March 4, 2024

Thumbnail of user marcn177
Colombia
1 review
0 helpful votes
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March 3rd, 2024

I had to save a little to open trading account with this company. But it was the right choice for me. I knew that this broker would provide me with high quality services. And I was also attracted by advanced analytical services.
All this created exclusive conditions for me. And I think these conditions will help me in trading.

Service
Quality

Date of experience: March 3, 2024

Thumbnail of user adrins1
Colombia
1 review
0 helpful votes
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April 4th, 2024
Verified purchase

Range of markets fully suit my appetities, I am a diversified trader loving trading forex and investing into ETFs and bonds. It's a recipe for succeed in a long run for me!

Service
Quality

Date of experience: April 4, 2024

Thumbnail of user efraims5
Mexico
1 review
0 helpful votes
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March 3rd, 2024

Mostly plus and positive, that's how I would describe my experience here. Started trading with em like a few months ago and its been going pretty chill. I log in daily, do a few trades then im out mostly.

Got a ton of markets to dive into. Huge leverage, spreads are low, so am getting what i want from each trade. Even if its a losing trade, at least im not paying out much for the costs' side. Good execution, customer service on the ball. Webtrader is also very well, open up from my laptop in a coffee shop, do some trades, then get out in an hour, coolzies.

Date of experience: March 2, 2024

Thumbnail of user ignaciog75
Argentina
1 review
0 helpful votes
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March 23rd, 2024
Verified purchase

I am very grateful to the customer service guys! They helped me through the verification of my account.
Thanks to their help I did everything without any mistake.

Date of experience: March 23, 2024

Thumbnail of user jesusl229
Mexico
1 review
0 helpful votes
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April 5th, 2024
Verified purchase

Ever wondered what a premium trading service was like... Wwell, I am guessing that is exactly what neotrades is. The platform just provides the best environment for trading.

Quality

Date of experience: April 5, 2024

Thumbnail of user raulg273
Peru
1 review
0 helpful votes
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February 28th, 2024
Verified purchase

I "love" thé market instruments of this broker, they went really diversified and I can tell you that there is a good opportunity to make proper returns. I mean they have major, minor, and exotic assets you can choose from depending on your knowledge and financial goals… I have used platforms that had limited financial instruments but ever since I started trading with Neotrade, I was able to trade on different assets like;
Stocks, Forex, commodities, indices... I can't even change this platform for another.

Quality

Date of experience: February 28, 2024

Thumbnail of user pedrov176
Peru
1 review
0 helpful votes
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February 17th, 2024
Verified purchase

I think that the broker offers premium services. From the start, to the finish, the entire experience shows high quality. The Broker has a copy trading service as well, where you can basically just copy the trades of another trader. I do not always have that much time to trade, hence, a very good feature for me.
However, not many people can afford the minimum deposit. And even amongst those who can, many of them will get a basic trading account. So that is something to take note of about neotrades

Value
Quality

Date of experience: February 17, 2024

Thumbnail of user carlosh481
Peru
1 review
0 helpful votes
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March 7th, 2024
Verified purchase

I appreciate simplicity, and I think it improves everything. Take architechure for instance, it gets better with less complexities. Most modern designs conform to this trend. And it is same thing with wibsites and apps, and games. Neotrades understands the need for simple, readable and understandable. It makes it easy to gather information from the website, navigate your personal area, and justperforming any function.

As for the trading conditions, I think they are very fair. The minimum deposit is not an issue for me, the spreads are tight, the leverage size is good, and the trading instruments are many. You see where I am going with this... There is simply nothing wrong with trading here. And to top it all off, there is the copy trading feature as well.

Date of experience: March 7, 2024

Thumbnail of user nabila79
AE
1 review
0 helpful votes
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February 28th, 2024
Verified purchase

Neotrades's PAMM account feture has been a game changer for my trading life. It offers a unique way to leverage proved track record and knowledge of profitable traders in order to increase potential returns. This feature combined with the brokers wide market access makes the broer stand out in the industry.

Service
Value
Quality

Date of experience: February 28, 2024

Thumbnail of user federicog64
Argentina
1 review
0 helpful votes
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April 8th, 2024
Verified purchase

I have never had any issues with hidden fees and whatnot. Everything I need to know about the fee structure is stated in the terms and conditions.

Date of experience: April 8, 2024

Thumbnail of user mariog492
Argentina
1 review
0 helpful votes
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February 14th, 2024

The copy trading here is just fantastic. I have seen a lot of quality traders here and I have made some profit from following them.

I know many people do not think copy trading is a good idea, but I am a trader as well, and the traders I follow have more successful trades than I do. :D

Date of experience: February 12, 2024

Thumbnail of user omara585
Saudi Arabia
1 review
0 helpful votes
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January 21st, 2024
Verified purchase

In my opinion, there's no need to make things more complicated if they work fine when they're simple.
I hope you understand my point. I am talking about this broker. It has easy to manage platform which makes it efficient. I like that to open order or make any other action i don't have to set something up for a long time or make any algorithms. Everything is simple. I open and close orders based on analysis and get profit.
That's what I like about this broker.

Service

Date of experience: January 21, 2024

Thumbnail of user sauda82
Qatar
1 review
0 helpful votes
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January 31st, 2024
Verified purchase

While there is a slight drawback in solely relying on MT5, the benefits of their platform outweigh this. The Copy Trading feature is a standout addition, as well as the wide range of tradable assets available - both are great features. Furthermore, the platform's advanced tools, coupled with quick execution and low spreads, have significantly improved my trading experience.

Date of experience: January 31, 2024

Thumbnail of user joos18
Argentina
1 review
0 helpful votes
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January 29th, 2024
Verified purchase

After making up my mind to pay the minimum deposit on the platform, I have so many good things to say about neotrades. First of all, the service is great. Traders have some of the best trading conditions available, and then there is also copy trading on the platform. If you want to earn as the pros earn, then you can find a trader to follow.

Service
Value
Quality

Date of experience: January 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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