NeoTrade Forex Broker keeps up-to-date with the latest trading account information, including VIP, TRADER, STANDARD, STARTING maximum leverage of 1:100, trading varieties, and more
Rating Index
Pros
User-friendly trading platform with advanced technology and tools.
Wide range of trading instruments, including over 1,000 CFDs and forex pairs.
High leverage options available, up to 1:400, with competitive spreads.
Cons
Limited regulatory oversight, as it is only regulated by the Financial Services Commission (FSC) in Mauritius.
Lack of transparency regarding trading fees and commissions.
Withdrawal processes can be slow, taking several business days to complete.
NeoTrade broker Accounts
VIP
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$20 000
Minimum Spread
From 0.1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.1
Commission
--
Products
--
TRADER
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$5 500
Minimum Spread
from 0.2
Depositing Method
--
Withdrawal Method
--
Minimum position
0.1
Commission
--
Products
--
STANDARD
Environment
--
Currency
--
Maximum Leverage
1:50
SupportedEA
Minimum Deposit
$2 500
Minimum Spread
from 0.3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
STARTING
Environment
--
Currency
--
Maximum Leverage
1:20
SupportedEA
Minimum Deposit
$250
Minimum Spread
from 0.4
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
9 Major Currency Pairs
Neotrades Account Types
Neotrades offers a variety of account types designed to cater to traders of different experience levels and investment needs. The account types include:
- Standard Account
- Minimum Deposit: $1,000
- Leverage: Up to 1:400
- Dedicated Account Representative: 2 days/week
- Demo Account: Yes
- Social Trading: Yes
- PAMM Support: Yes
- Available Currencies: USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR
- Advanced Account
- Minimum Deposit: $5,000
- Leverage: Up to 1:400
- Dedicated Account Representative: 3 days/week
- Demo Account: Yes
- Social Trading: Yes
- PAMM Support: Yes
- Available Currencies: USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR
- Expert Account
- Minimum Deposit: $25,000
- Leverage: Up to 1:400
- Dedicated Account Representative: 4 days/week
- Demo Account: Yes
- Social Trading: Yes
- PAMM Support: Yes
- Available Currencies: USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR
- Visit the Neotrades Website: Navigate to Neotrades.
- Choose Your Account Type: Select the account type that best suits your trading needs.
- Fill in Personal Information: Provide your name, email address, phone number, and country of residence.
- Provide Additional Information: Enter details such as place of birth, passport number, nationality, address, and employment details.
- Choose a Platform and Funding Type: Select your preferred platform, account type, funding method, base currency, and set a password.
- Complete a Trading Experience Questionnaire: Fill out a questionnaire regarding your trading experience and knowledge.
- Upload Verification Documents: Submit proof of identity and address.
- Add Funds: Make your initial deposit based on the account type selected.
All account types provide access to the MetaTrader 5 (MT5) platform and offer features such as daily market reviews and financial research.
Neotrades Broker Account Opening Process
To open an account with Neotrades, follow these simple steps:
Once these steps are completed, your account will be set up, and you can begin trading.
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NeoTrade accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $20 000 by (2+) --.