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
Cant get away from EURUSD here. Shorted into the new year from 1.1095 and rode it down to 1.0893. Kept open. Leveraged well,so profitted even with the rollovers. Superb
Date of experience: February 20, 2024
Looking at this company through the prism of my experience, I should confirm that you can make money here. Not easily and without any difficulties, because trading isn't an easy venture, nevertheless they have managed to devise and embed an infrastrcture which prepossesses to making good dough.
Conditions are pretty favorable, there's nothing to pick on.
Date of experience: October 23, 2023
They have made the right decision by offering only the MT5 as an option for a trading engine. The concept of Neotrades, to provide an advanced trading experience is possible only with this powerful and highly customisable trading app.
Using MT5 along with Neotrades is incredibly smooth and seamless.
Date of experience: December 29, 2023
I started with 250$ account. Everything was going good for 3 weeks time. Then they insisted me to increase the capital and asked me to invest another 8K$. Then they started taking big lots and suddenly they told me if you don't add another 10K$ your account will be in danger and you will be washed out. Then within 2 days I lost all the money.
Tip for consumers:
Stay away from them.
Products used:
Trading
Date of experience: November 16, 2023
The trading platform comes with all the necessary tools. Trading is quite simple thanks to the best feature, which is the ability to use it from different devices. My phone, I can use just as effectively. The service this website offers is fantastic, and I am grateful. With trading, I can now make a lot of money. I appreciate all of your help, folks.
Tip for consumers:
Good Experience service
Date of experience: December 7, 2022
Forex, indices and MT5 are my favorite tools in the forex trading and at Neotrades.
I don't know why but I read those asset classes way better than stocks for example, or commodities.
Plus I have a high 1:400 leverage which is a mandatory thing I think. Leverage is the tool that allows me to make bigger profits with less money
Date of experience: October 4, 2023
neotrades.com has somehow managed to give us, the mobile users, ten charts at the same time. It also contains technical indicators and a variety of analysis tools and these tools can be customised as well! It also has live market updates and price alerts! And it all comes in a mobile! What else could someone ask for?!
Date of experience: December 5, 2022
At first I thought it was pretty classic and unremarkable broker. That is, a company that has fairly standard set of services.
But it turned out that this broker can surprise!
As a client of the company I have access to three services to get profit.
1) Independent trading service.
This is classic service that includes trading platform and set of trading conditions necessary for trading.
2) Service of copying trades. Thanks to this service I can get profit by copying trades of other more experienced traders. I have chosen trader who in my opinion is the most profitable and at the same time moderately risky.
3) Service for managing other accounts. It's too early for me to think about it, but I can imagine managing other traders' trades in the future. And thanks to this I will be able to get more income.
This is what this broker can offer its clients. I think this set of services deserves attention.
Date of experience: September 19, 2023
I aspire to get the highest position in the ranking of those who make a lot of profits with Neotrades. I am very happy with the great efforts they are making in order to facilitate many things for us. It has changed the meaning of the concept of trading and the surrounding markets. It lacks some minor modifications from the advanced technical support team to make the services more useful and accurate.
Date of experience: December 20, 2022
I am not impressed by the company as I had expected to be impressed. After readinggg a couple of reviews, I thought that it would be a really cool broker with outstanding features. However, features truned out to be ordinary for me.
Of course, I like the fact everything works stably here. I have tested the platform, I quickly signed up, and the range of markets is quite broad, but at the same time, nothing is suprising.
I wish this broker further development, because it really has all chance to evolved into a top-tier company. So far, can't add here more.
Date of experience: November 12, 2023
The broker is really not bad. In fact, the broker is really impressive in some aspects. I have had no issues in my trading, and it is safe to say that the broker is reliable, because I have been trading with the broker for a long time now.
There are many services and features to enjoy as a beginner, and a pro as well. The copy trading service is great, but I know many people do not like that the minimum account of a thousand dollars. But it is worth it.
Date of experience: October 6, 2023
Whether or not to stay here. It is an okay platform but kind of a hard deicison for me. I think i might be able to get used to this platform, it looks like there's at least hope. We'll see where it goes, I might enjoy it and stay for the long run.
Date of experience: August 15, 2023
There is something about the broker that made me open an account in the first place. Maybe it's the trustworthy environment or solid trading conditions idk.
Probably it's the combination of all the factors. Because Neotrades is a regulated and established entity so I don't have to worry about the future of my trading.
Plus it offers some interesting features to all the clients. Like the PAMM account that allows you to become a full-fledged account manager with your honed trading strategy.
Speaking of the flaws of the broker I can say that Neotrades has to work on the number of payment mechanisms.
The ones that they provide right now are okay, but I'd like to see more of the alternative methods for different traders.
Date of experience: November 5, 2023
Neotrades has taught me what a good broker should look like... on its example:)
The platform has positive traits even though it's not deprived of cons. Endorse them for development.
Date of experience: January 11, 2024
My returns from my trades were becoming less and less, I started to have problems, maybe I lost my focus maybe it was my broker who was charging me a ton of hidden fees, comms and spreads i dont know, so i left. Then I run into neotrades and registered, started making some trades here and there, my results were better because my cost of trading was lower. Even though i think the trading conditions could still be slightly improved, their copy trading platform was what gave me the results i wanted.
Date of experience: October 20, 2023
neotrades.com has an exceptionally user-friendly interface. It has lots of selections of order types and other necessary tools needed for both trading and investing. It also has a high execution speed that I simply love. It has a lot more additional features that are simply remarkable. neotrades.com deserves five stars for how truly exceptional it is.
Date of experience: December 6, 2022
Some companies say that they have fast order execution, and some companies have really fast order execution.
Neotrades is just one of such brokers.
I don't know how, but they achieved that orders are executed instantly
Date of experience: November 19, 2023
I was puzzling over the choice of broker and casually stumbled upon this one. Not really casually, tbh, as I was examining brokers' overviews from different traders and one of them mentioned Netotrades. Decided to try it out. There's something positive I noticed:
- MetaTrader 5 platform is a big plus for me, the most innovative as for today.
- Big diversity of tradable assets which open the doors to the world of trading.
- Opportunity to get involved into copy trading as a cherry on top.
In general, I should say that I'mma continue trading here.
Date of experience: July 18, 2023
As an old school market operator, I still trade every now and then. It is like a second nature to me. But what I always pay attention to is my broker to be as honest as it can possibly be. Neotrades is a famous broker. They have been awarded as the fastest growing provider, the most transparent broker, and the best dealing room. They have a sufficient number of assets across various classes, no commissions for funding the account through an abundant number of available choices, and they provide you with the industry standard metatrader version 5.
Can't say that it is the most versatile broker I have ever seen, but what I can tell you is that it is a very transparent and safe environment to use it as your gateway to markets.
Date of experience: July 23, 2023
I am fond of trading more serious asset classes, like stocks, indices and others. So Neotrades is a perfect company for me since it provides a ton of this type of assets.
Much more than I have traded before.
I even have the opportunity to tarde ETFs and bonds. Despite the fact all those markets require deeper knowledge in fundamental analysis, it won't stop me.
My goal is to increase the awareness, raise my trading skills and use the PAMM account or copy trading.
I want to scale the profits through account management. Neotrades has everything to accomplish my long term goal.
Hopefully the broker will only get better over time.
Date of experience: November 15, 2023
I had my doubts about trading before because of the security issues I had faced before with some other sites. Luckily, I can across neotrades.com. I have never faced any issues concerning safety with it. The fund withdrawals are instantaneous. I love the execution speed of this site. This site has never made me regret anything.
Date of experience: December 5, 2022
The indicators provided by neotrades are very good and have helped me a lot. Very accurate and made good profits for me. I would like to add modifications to the trading tools in order to help us more and provide more information.
Date of experience: December 28, 2022
I think that choice of basic account currencies is a great advantage. There is no need to convert currencies. And I can use the same currency as in my bank account.
Date of experience: January 9, 2024
The protocol in trading is simple.
If you need consistent returns, you need to have consistency in your approach to trading. You need to have a system that you don't get out of and you need to keep at it.
The same thing is very true for a broker. Once you get a decent and proper broker that takes good care of you and give you a decent set of trading conditions, you need to keep going with it. Mine is Neotrades with their great conditions and low spreads. So far, they have been really good for me. Can't ask for more.
Date of experience: October 1, 2023
There's quite an interesting environment around there.
Having an experience of trading with different companies, this one leaves exceptionally positive emotions so far.
Date of experience: December 4, 2023
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.