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Neotrades Forex Broker provides real users with 6 positive reviews, * neutral reviews and 4 exposure review!

Neotrades Broker Review

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Neotrades Review 10

Latest All(10) Positive(6) Exposure(4)
Exposure
Warning : Neo Traders is a Scam Broker

Warning: Neo Trades is a Scam Broker I’ve been scammed by Neo Trades and want to warn others. They aggressively push you to deposit funds, but when you try to withdraw your profits, they make it impossible. They imposed a ridiculous condition, demanding a trading volume of $35 million to withdraw just $1,000. When questioned, they hide behind their "terms and conditions" booklet. Beware of their fabricated positive reviews designed to trap new customers. Stay away from Neo Trades and don’t fall for their tricks. Share this to protect others.

FX9786704352
2024-12-18
Positive
Neotrades Review: Lightning-Fast Forex Execution, Misses Out on cTrader

Neotrades is alright, gotta say. Order execution for forex is super fast, nice. But bummer, they don't have cTrader, which is my jam. They have MT5, which is okay, but cTrader's just easier for me to use.

Rodríguez6
2024-05-29
Positive
Seamless Trading, Diverse Assets: Neotrades' Platform Shines with PAMM and Copy Trading Benefits

Trading with Neotrades has been a rewarding experience. Their platform operates seamlessly - no lags, no delays, just swift trading. I appreciate their reasonable trading conditions and diverse asset variety. Their PAMM accounts and copy trading features are also quite beneficial. Perfect!

Golden888
2024-04-26
Exposure
LETTER OF APPEAL: NEOTRADER AND THE INVESTOR COMMUNITY!

LETTER OF APPEAL: NEOTRADER AND THE INVESTOR COMMUNITY! I am an investor on the floor with a registered trading account cuong5422004@gmail.com. The person who guided me to open an account with zalo nick name: A HOANG, after the application was approved. Someone called me and introduced himself as an employee of the exchange who was assigned to monitor and support my account throughout the transaction process. His telegram username is: @Minhvy68, investment consulting on buying and selling gold and stocks. . This person asked me to deposit with a deposit of 1000 USD and receive a bonus of 1000$ on January 24, 2024 and I make transactions with the exchange from this date. During the transaction, I linked my wallet to my bank account but it didn't work. I asked her and she didn't answer. After a period of trading, my account was burned (deposit and Bunos). Later, I joined a group with someone claiming to be an expert on a floor specializing in education and consulting (Live investment on Neotrader floor) with his own zalo group and telegarm nickname: Adam Hoang. I was contacted and instructed to deposit money back into the exchange with a 100% bonus. I deposited $1,000 and received another $1,000 in KM on February 28, 2024. I sent the bill to Adam Hoang. This person said do you want @Minhvy68 to continue supporting you? Because I was not loyal before, I asked to change to another person. There are others who advise, but it's no different from @Minh vy 68, so I trade on my own. After 1 period of trading, my account has increased to nearly $5,000 (both principal and interest). During the transaction process, I often linked my wallet to the bank but all failed. Then I contacted @Minhvy68 to help me link my wallet to my bank account so I could withdraw money. This person said that my profile has been managed by someone else so it cannot be processed. I earnestly asked her to contact the superiors associated with the wallet so I could handle personal matters and on March 11, 2024, she said the exchange had agreed to let me withdraw money and said: Guys. Just finished the meeting, there is a 100% bonus promotion for anyone who deposits 3000$ or more and includes 1 gold implant worth 730$ and only I can withdraw 2000$ (the original money I deposited on January 24 and 2/28, the profit cannot be withdrawn) She said that when you successfully withdraw $2,000, you will deposit $3,000 again to receive promotional money, and 01 tael of gold and promised to help me withdraw $1,000 principal and $730 bonus. out to cover personal expenses) March 12, 2024 at 05:41:20 my withdrawal order was successfully processed and the money returned to my account. Then I recharged $2000 according to the instructions on the Web to account: 1039520092 account holder TRAN THI LOAN at VCB bank - Joint Stock Commercial Bank for Foreign Trade of Vietnam. with transaction code ACSP/RZ226645. Next, at 10;41;00 (Vietnam time) on March 12, 2024, I deposited another 1000& into the above account with transaction code Q1804286. When completed, the account only received a bonus of $500 and the bonus and gold. ($730 and 100% bonus) is not available. After completing the deposit, I sent this deposit bill to @Minhvy. This lady said she had received my application and forwarded it to the superiors to wait for approval and said she would finish it by early afternoon and make the withdrawal order. When I contacted her again in the afternoon, she said she wouldn't approve until 5pm. Around 4:00 p.m. on the same day, someone called me from my telegram account saying he was from Neotrader and read my name, my MT5 trading account, and informed me that I had a withdrawal order but because the wallet had not yet been linked to my bank account. So you need to execute this platinum code transaction order to link and withdraw money. I made a buy order as they told me with a volume of 3.0, my account was negative by $2,700, then she told him to enter a sell order with volume so I followed. Immediately my account had negative principal and bonus. I quickly contacted Minh Vi and she told me I had been scammed and asked me to handle it so he had to recharge the amount of $3,000 to save the account from being burned. I didn't agree and said I couldn't have the money. She told me how much money I could get and I would support you to save my account, but I knew I had been scammed so I didn't follow up to deposit. After this happened, I posted to the Zalo group with expert ADam Hoang and was blocked and kicked out of the group. @Minh vy changed his telegram account. The person who called me said he was trading platiium code, but I didn't know I was scammed. I am mentioning it here with attached evidence, hoping that the floor and the community can help me regain justice and if the floor is honest, it will protect its reputation as well as the rights of genuine investors. . Any information I would like

Cuong4444
2024-03-29
Exposure
The exchange requires a large amount to withdraw money.

Neotrades is a scam. I just deposited money. The locked exchange does not process internal transfer orders, cannot process withdrawal orders, and requires a large amount to withdraw capital. I will report a lawsuit to the police working with the exchange. Neotrades Ho Chi Minh City office.

tien4411
2024-01-12
Positive
Neotrades: Redefining Forex Trading with Exceptional Service and Profitable Trades

I must say, Neotrades is a forex broker that has truly reshaped my trading experience. The account-opening procedure was straightforward and smooth, and their customer support was there, guiding me through each step. They exhibited a rare combination of professionalism and amicability that you don’t always come across in this industry. Let's talk spreads and commissions. One word - fantastic! Neotrades offers incredibly low spreads and commission-free trading - a mix that maximises the profitability and affordability of my trades. This great duo has indeed increased my joy of trading! Now onto their trading platform - top-notch! The platform’s performance is excellent, providing accurate real-time data without any annoying lag. In a world where a delay of seconds can make a significant difference, this feature can’t be praised enough! A fond memory revolves around trading the GBP/USD pair. Based on my analysis and the real-time signals provided by Neotrades, I predicted an upward trend and initiated a long position. Their quick order execution ensured my trade was placed instantly and accurately, reducing the chances of slippage. When GBP actually rallied as predicted, I minted a handsome profit, adding another success story to my trading journey.

FX1523875063
2023-11-30
Positive
Neotrades: Seamless Journey, Exceptional Platform, Financial Ease – A Thumbs Up Broker!

I've had such a great journey with Neotrades! Their account opening process is straightforward, their platform is amazing and they're really committed to education. Plus, dealing with financial matters is a breeze with them. All around, a very client-focused broker. Thumbs up from me!

Cooperhere
2023-11-28
Exposure
withdraw money not return

Advertisement is to withdraw money during the day, only 1-2 hours. Today, I placed an order to withdraw from early morning until late at night.

dao4129
2023-08-18

  

Neotrades 2025 Review: Everything You Need to Know

  

Executive Summary

  This comprehensive neotrades review provides an in-depth analysis of the forex broker's services and offerings for 2025. Based on extensive user feedback and platform information, Neotrades presents a mixed picture in the forex trading landscape. While the platform demonstrates certain strengths, including competitive spreads and a user-friendly trading environment, several areas require attention from potential clients.

  According to available data, Neotrades operates from Mauritius. The broker targets both novice and experienced traders with its accessible platform design. The broker's key attractions include relatively low spreads and educational resources that support trader development. However, user experiences vary significantly, with 86% of reviewers recommending the platform while others report concerns about customer service responsiveness and platform reliability.

  The minimum deposit requirement of $10 USD makes Neotrades particularly accessible to beginning traders. The commission structure appears competitive without displaying fixed fees. This positioning suggests the broker aims to capture market share among cost-conscious traders seeking entry-level opportunities in forex markets.

  

Important Notice

  Regional Entity Differences: Potential clients should note that specific regulatory information was not detailed in available materials. Users must verify applicable regulatory requirements in their respective jurisdictions before engaging with Neotrades' services.

  Review Methodology: This evaluation is based on user reviews, platform-provided information, and publicly available data. Due to limited regulatory disclosure in source materials, traders should conduct additional due diligence regarding compliance and oversight in their trading regions.

  

Rating Framework

Evaluation Criteria Score Rating Basis
Account Conditions 7/10 $10 minimum deposit requirement with competitive commission structure
Tools and Resources 8/10 User-friendly platform design with educational materials
Customer Service 6/10 Mixed user feedback regarding service quality and responsiveness
Trading Experience 7/10 Variable user satisfaction with platform performance
Trust and Reliability 6/10 Medium risk assessment with 64% trust rating
User Experience 7/10 86% recommendation rate despite some user concerns

  

Broker Overview

  Neotrades positions itself as a forex broker serving the global trading community from its Mauritius headquarters. The company focuses on providing accessible trading solutions for investors across experience levels, emphasizing user-friendly platform design and educational support. While specific establishment dates were not detailed in available materials, the broker has developed a presence in the competitive forex market through its low-barrier entry approach and educational focus.

  The platform's business model centers on forex trading services. It targets both newcomers seeking affordable market entry and experienced traders requiring reliable execution. According to user feedback, Neotrades has built its reputation on competitive spreads and platform accessibility, though customer experiences reveal varying satisfaction levels across different service aspects.

  This neotrades review indicates that the broker operates primarily in the retail forex space, offering standard trading instruments and services. The company's approach appears designed to balance accessibility with functionality, though specific regulatory oversight and compliance frameworks require additional verification by potential clients in their respective jurisdictions.

  

Detailed Information

  Regulatory Jurisdiction: Specific regulatory authority information was not detailed in available materials. Prospective clients need to verify this independently.

  Deposit and Withdrawal Methods: Available materials did not specify detailed funding options, though the platform accepts a minimum deposit of $10 USD.

  Minimum Deposit Requirement: The broker requires a minimum deposit of $10 USD. This positions it among the more accessible options for beginning traders.

  Bonus and Promotional Offers: Specific promotional activities were not detailed in available source materials.

  Tradeable Assets: The platform primarily focuses on forex trading services. However, detailed instrument specifications were not comprehensively outlined.

  Cost Structure: Neotrades offers competitive spreads without displaying fixed commission fees. This suggests a spread-based revenue model that may appeal to cost-conscious traders.

  Leverage Ratios: Specific leverage information was not detailed in available materials.

  Platform Options: The broker provides a user-friendly trading platform. It is designed to accommodate traders of varying experience levels.

  Geographic Restrictions: Specific regional limitations were not outlined in available materials.

  Customer Service Languages: Language support details were not specified in source materials.

  This neotrades review highlights the need for additional due diligence regarding specific service details not covered in available documentation.

  

Detailed Rating Analysis

  

Account Conditions Analysis (Score: 7/10)

  Neotrades demonstrates competitive account conditions primarily through its accessible minimum deposit requirement of $10 USD. This low barrier to entry positions the broker favorably for beginning traders seeking affordable market access without substantial initial capital commitments. The commission structure appears designed to attract cost-sensitive clients, though specific account type variations were not detailed in available materials.

  The absence of fixed commission fees suggests a spread-based pricing model. This may provide cost predictability for traders. However, the lack of detailed account type specifications limits comprehensive evaluation of the broker's full offering spectrum. User feedback indicates general satisfaction with account accessibility, though some clients express concerns about service consistency across different account levels.

  According to available information, the account opening process appears streamlined. However, specific verification requirements and documentation needs were not comprehensively outlined. This neotrades review notes that while basic account conditions appear competitive, prospective clients should verify detailed terms and conditions directly with the broker to ensure alignment with their trading requirements and expectations.

  

Tools and Resources Analysis (Score: 8/10)

  The platform demonstrates strength in providing user-friendly trading tools designed to support both novice and experienced traders. Educational resources appear to be a key focus area, with materials specifically developed to help beginning traders understand market dynamics and develop trading skills. The platform's design philosophy emphasizes accessibility and ease of use, contributing to positive user feedback regarding tool availability and functionality.

  User evaluations highlight the quality of educational materials provided by Neotrades. This suggests that the broker invests in trader development resources. These educational offerings may include market analysis tools and learning materials that support skill development across experience levels. The user-friendly platform design receives generally positive feedback, indicating effective tool integration and interface design.

  However, specific details regarding advanced trading tools, automated trading support, and sophisticated analysis capabilities were not comprehensively detailed in available materials. Expert observations suggest that while the educational resources effectively support new trader development, more experienced traders may require additional verification of advanced tool availability to meet their specific trading requirements and strategies.

  

Customer Service and Support Analysis (Score: 6/10)

  Customer service represents a mixed performance area for Neotrades. User feedback reveals inconsistent experiences across different service interactions. While some clients report satisfactory support experiences, others indicate concerns about response times and service quality consistency. This variation in customer service experiences contributes to the moderate scoring in this evaluation category.

  Available user feedback suggests that response time improvements could enhance overall client satisfaction. Some reviewers specifically mention slower-than-expected customer service response times, which may impact trader confidence during critical trading situations or when urgent account issues require resolution. The absence of detailed customer service channel information in available materials limits comprehensive evaluation of support accessibility and availability.

  Service quality concerns raised by users indicate potential areas for improvement in support consistency and responsiveness. While the platform maintains basic customer support functions, the mixed user feedback suggests that service quality may vary depending on inquiry complexity and timing. This neotrades review recommends that prospective clients verify current customer service capabilities and response standards before committing to the platform.

  

Trading Experience Analysis (Score: 7/10)

  User feedback regarding trading experience with Neotrades reveals mixed satisfaction levels. Some traders report smooth platform operation while others encounter various technical or execution issues. Platform stability appears variable according to user reports, suggesting that trading experience may depend on factors such as market conditions, connection quality, and individual system configurations.

  The user-friendly platform design generally receives positive feedback for its accessibility and ease of navigation. However, specific technical performance metrics such as execution speed, slippage rates, and requote frequency were not detailed in available materials. Some users express satisfaction with chart tools and technical indicators, while others report functionality concerns that may impact trading effectiveness.

  Mobile trading experience details were not comprehensively covered in available materials. This limits evaluation of the platform's mobile accessibility and functionality. The competitive spread environment appears stable according to user feedback, though specific liquidity provider information and execution model details require additional verification. This neotrades review suggests that potential clients test platform functionality through demo accounts or small initial trades to assess compatibility with their trading requirements and expectations.

  

Trust and Reliability Analysis (Score: 6/10)

  Trust assessment for Neotrades reveals moderate confidence levels. A reported trust rating of 64% indicates room for improvement in client confidence measures. The absence of detailed regulatory information in available materials raises questions about oversight and compliance frameworks that typically support trader protection and platform accountability.

  Specific fund security measures were not detailed in available materials. This limits evaluation of client asset protection protocols and segregation practices. Company transparency regarding financial reporting, management information, and operational details requires additional verification by prospective clients seeking comprehensive due diligence information.

  Industry reputation and recognition details were not specified in available materials. This makes it difficult to assess the broker's standing within the broader forex industry community. The handling of negative events or client complaints was not specifically addressed in source materials, though user feedback suggests mixed experiences with problem resolution and support quality. Users considering Neotrades should independently verify regulatory status, fund security measures, and company background information to make informed decisions about platform trustworthiness and reliability.

  

User Experience Analysis (Score: 7/10)

  Overall user satisfaction with Neotrades shows positive trends. 86% of reviewers recommend the platform according to available data. This high recommendation rate suggests that despite various concerns raised by some users, the majority find sufficient value in the platform's offerings to endorse it to other traders. The user-friendly interface design receives consistent praise for accessibility and ease of operation.

  User demographics appear to span both beginning and experienced traders. This indicates that the platform successfully serves diverse experience levels and trading requirements. However, registration and verification process details were not comprehensively outlined in available materials, limiting evaluation of onboarding efficiency and user experience quality during account setup procedures.

  Common user complaints center around customer service responsiveness and occasional trading platform issues. These suggest areas where improved consistency could enhance overall user satisfaction. Fund operation experiences were not detailed in available materials, though the low minimum deposit requirement appears to satisfy users seeking accessible market entry. Improvement recommendations based on user feedback include enhanced customer service response times and continued platform optimization to address reported technical concerns and maintain the positive user experience trajectory.

  

Conclusion

  This comprehensive neotrades review reveals a forex broker with notable strengths in accessibility and user-friendly design. These are balanced against areas requiring improvement in customer service and transparency. Neotrades appears well-suited for beginning traders seeking affordable market entry through its $10 minimum deposit requirement and educational resource offerings, while also accommodating experienced traders through competitive spreads and platform functionality.

  The broker's primary advantages include low-cost entry requirements, user-friendly platform design, and educational support that facilitates trader development. However, limitations in customer service responsiveness, incomplete regulatory disclosure, and mixed user experiences regarding platform reliability represent areas requiring careful consideration by prospective clients.

  Neotrades may be most appropriate for traders prioritizing cost-effective market access and educational support. Those requiring comprehensive regulatory transparency and consistent customer service may need to weigh these factors against the platform's accessibility benefits.

Neotrades review