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
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.
Date of experience: January 29, 2024
I read a review that this broker has exceptional trading terms for trading shares, and that made me explore more and eventually register an account with Neotrades.
And I'm glad I made that decision because this platform provides an excellent trading environment with an incredibly wide range, allowing users to trade fractions of a share.
Date of experience: January 31, 2024
I mean, its not so bad and i dont wanna exaggerate, soo.
The service? Overall, very nice.
Trading tools and charts? Comprehensive.
Variety: sooo many to pick from you defo not get bored out of tradin
Tech? Smooth as it gets. MetaTrader5 offers depth and versatility.
They have a good reputation as far as im concerned
However, keep an eye on those fees though, seemed a bit high for me, but it deserves some 🌟s
Date of experience: February 10, 2024
It seems to me that man tends to get used and adapt to any conditions.
I think so because when I had account with another company I had small selection of assets to trade. And I was pretty comfortable.
But now when I opened account with this company and got access to such large number of various financial instruments, I realized that I had limited opportunities.
Now I can trade anything I want. Even IPO trading is available to me with this broker.
This is significant advantage that I appreciate.
Date of experience: February 4, 2024
What are advantages of this broker? Its trading conditions of course. Company has well-balanced trading conditions. And this ensures more profitable trading.
Date of experience: March 6, 2024
It's not so bad. It can be named as a solid broker for those who love variety in trading. With a $50 minimum deposit, it offers access to over hundreds of instruments, and up to 1:400 leverage in some of those instruments. The platform is easy to navigate, great for both beginners and pros i'd say, aand They also offer social trading and PAMM accounts. Fairly good
Date of experience: January 14, 2024
One of the best brokers that provides the opportunity to become a managing trader. By opening a PAMM account, I could show my trading skills, and clients started investing in my account.
Date of experience: March 4, 2024
I joined last September with hope of making the last quarter trading profit to enable me to begin the new year on a new note, but reverse was the case. They took all my money and began asking for ridiculous tax payment before i can withdraw on my account. I refused and after few days my account was blocked. I suspected fraud and reported the situation to Affinity Intell, they looked into it, tracked the payments and was able to recover 90% of my money back.
Tip for consumers:
Avoid this online broker.
Products used:
Trading.
Date of experience: January 9, 2024
It took a week for me to realize whether this is a good platform or not.
The balance eventually tipped toward the "good" side.
The company has a regulation, it has solid number of markets for trading, plus it somehow contributes to the education of traders via market analysis and trading ideas.
But, it's anyway better to dilate this "research & education" section...
Date of experience: December 19, 2023
The trading experience is great. Right from the website of the broker, there is a very neat and urban design, a minimalistic, or Scandinavian touch to it. But the broker does not lack tools, features or quality. Everything is done right on the platform really.
Date of experience: January 19, 2024
Overall it's reliable and credible entity.
But what I don;t really like is the restrictive minimum deposit. So that only the rich traders can use the broker. Although I would definitely recommend to everyone to try and trade with Neotrades.
It offers an unusual package of trading tools and instruments. The ones that you won;t find at the 90% of other forex comanies.
So if you have a spare $1000, then go for it.
Date of experience: January 2, 2024
I would call the broker perfect, but many people will disagree with me. There are some pretty exclusive services offered by the broker such as a dedicated account rep, daily analysis, and also one-on-one meetings with the account rep. You can use a leverage of up to 1:400. Honestly, not bad.
Date of experience: November 9, 2023
I have a new additional source of income.
With this broker I have been trading for a long time, but I didn't pay attention to the copy trading service. I thought it was something not for me.
But a couple of days ago I read one recommendation from experienced trader. He wrote that even in spite of his great experience he directs part of his money to copy trading.
Thanks to his experience he can choose the most promising trader and copy his trades.
This way he gets additional income. And this way I will get income too. It's a great opportunity!
Date of experience: December 28, 2023
Guys the broker regularly updates its offerings on IPOs. It is a great way to get on the vagon right from the start! IPOs are hot and usually they tend to present great bargains!
Date of experience: February 26, 2024
Just jumped into Neotrades and wow, what a platform man. Everything is cool about it. Their leverage and spreads and the sheer variety of instruments blew me away.
Date of experience: February 9, 2024
Trading here is without stress or hassle, especially because the broker has a copy trading service that is very good. Even traders who do not have much experience can make money here. But of course, it still comes with risk.
If you are confident in your skill and also want other traders to copy your trades, it is also not a difficult thing to do. I really like trading here.
Date of experience: October 4, 2023
I believe that it matters how modern the broker is. It affect how diverse and suitable conditions company provides.
Speaking of diversity. It seems to me that only one trading platform is disadvantage. I find it important for some traders have a choice.
Otherwise, broker is excellent
Date of experience: November 27, 2023
This website is extremely trustworthy and authentic. You will make a lot of money using it, I can promise because I have used it. Here, the customer service is outstanding. When needed, they are instantly available. They have been a big help to me during my trading career. All of my questions received timely responses. From this platform, I have been able to generate a sizable amount of revenue.
Date of experience: December 12, 2022
A couple of days ago I made my first steps on this platform and decided to express my opinion about it.
First things first - the company has a regulation, which is extremely important for not worrying about funds and data safety.
Secondly, I truly admire the performance of the MT platform.
Thirdly, I relish the fact there's a space for improvement. If you have obtained primary skills and want to test something new, then you can pay attention to the copy trading functionality, or if you believe you are skilled enough, you can consider Pamm account.
Neotrades are cool.
Date of experience: December 4, 2023
This broker has several account types. I have a basic account for now. It's called Standard.
But I am considering opening an Advanced account soon and then an Expert trading account.
I have described these options in order to demonstrate the wide opportunities for development that this company provides to its clients.
I think this is what traders may be interested in and what they should pay attention to when studying the trading conditions of the company.
Date of experience: July 30, 2023
Taking into account that the company is comparatively new on the market, or at least it seems to be the one, I should say that it's comparatively good and it can even become a competitor for many other more famous brokerage companies.
There is a good selection of assets including the endemic IPOs, plus there's a Metatrader 5 that can boast a broad array of timeframes and different instruments for market analysis.
If you are bored of manual trading then Neotraders introduces possibility to copy trade or to engage in account management.
Date of experience: December 15, 2023
The user-friendly layout and caring customer service of this website significantly improve traders' capacity to trade. This trading platform offers all the required tools. They are simple to understand and use. My earnings have greatly increased since I started using this website. To all traders, I heartily suggest this site. Five stars for sure
Date of experience: December 10, 2022
I did not get a completely professional feeling out this broker, I cannot lie. But it looks safe and visually pleasing to me. Those are enough inputs for me to try out this broker. We'll see how things will go basically, I hope everything here will turn out to be okay.
Date of experience: August 17, 2023
The PAMM account feature is quite interesting I think. It's a great way to accumulate more funds under one trading strategy and boost the profits without taking much risks.
I used to trade manually up until this point, but the more I researched about the PAMM the more I was willing to open and test it.
The most complicated thing would be to define the exact parameters of your PAMM account in terms of payout percentage and risk appetite. However with the working trading strategy it's not a big deal.
I can start slow and don't charge too high percentage from the profits. Later it is possible to review the conditions.
Date of experience: August 30, 2023
We can say that this broker provides all the best for traders with exception of trading platform. Yes, I am in the camp of those who are in favor of alternative platforms to MetaTrader.
Although MT5 is a powerful and feature-rich platform.
Date of experience: November 16, 2023
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