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Neotrades

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8.8
(125 Reviews)

Founded: - Min Deposit: 1000 USD

Headquarters: Mauritius Max Lev: 1 : 400

Risk Level I

Registered at Mauritius FSC but its domain ownership needs to verify for the lack of info from FSC. Red-flagged by the CNMV.

Score
Business Scope
0.0
Trading Cost
8.4
Trading Platforms
8.4
Support
8.6
Licence Status
Mauritius FSC GB21200093
Authorised
Contact
+230 58690044
support@neotrades.com
https://neotrades.com/en
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

Dec 4-8, 2023 Q&A Weekly Review - What's Asked This Week? 2023-12-08
Get the competitive edge in the trading world with BrokersView's Q&A Weekly Review for the week of Dec 4-8, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.

Deposit and Withdrawal

8.4

Very Good

No Data
No Data

Company and Service

--

Score

Profile
Headquarters Address
1ST Floor River Court, 6th St Denis Street P.O Box 1079, Port Louis 11328, Mauritius
Time Zone GMT
Credit Profile No information
Trading Platforms
MT5
Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
Arabic,  Indonesian,  Spanish,  Vietnamese
Customer Service By
Phone,  Email
Supported Language
English

Related Complaints

Q&A

I want to know real Neotrades reviews.

Atwater Scott
United Arab Emirates
2024-08-13
ANSWER Dear Investor,Neotrades is a forex broker claiming to be operated by Neotrades Capital Ltd, which is licensed by the Mauritius Financial Services Commission (Mauritius FSC).However, there is no clear evidence linking the site neotrades.com to the license holder. Additionally, the Mauritius FSC is known for its lax regulation. Therefore, extreme caution is advised when considering Neotrades as your broker. We recommend opting for brokers regulated by top-tier financial regulators.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added Neotrades to its alert list for lacking the required authorization. This serves as a significant warning regarding the broker's regulatory compliance.Compared to fully regulated brokers, Neotrades poses substantial risks. It would be wise to reconsider your choice.
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How many transaction fees will be charged on Neotrades?

Hloni
Billings
2023-12-08
ANSWER Neotrades does not disclose its transaction fees on its website. For the most accurate and current information, it is recommended to contact their customer service.It's important to note that Neotrades is a forex broker registered only with the Mauritius Financial Services Commission (Mauritius FSC). This authority typically does not provide details such as the registered entity's domain name. This lack of transparency can potentially be exploited by unscrupulous brokers who may use the information of companies listed on the Mauritius FSC's website to appear legitimate.The domain name, neotrades.com, may or may not be operated or linked to the authentic Mauritius FSC-licensed firm. Therefore, the possibility of identity theft by Neotrades cannot be completely ruled out. Investors are advised to stay informed and exercise extreme caution when dealing with Neotrades and similar forex brokers.
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Overall Score

8.8
125 Reviews

Cost 8.4

Platforms 8.4

Deposit & Withdrawal 8.4

Customer Support 8.6

Indicates the average level of Brokers

Keywords for selection

125 Reviews Clear filter

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AWSa'eed
1-3 years Saudi Arabia
Trading usd pairs here is okay. Been here for two years no major issues decent support
2025-06-18
Reply
Quang Pham
1-3 years Vietnam
They are capitalizing on mr. trump well😂 actually this persons words do shake up market,
2025-06-13
Reply
Ami Amador
Not used yet Colombia
From the first look, a nice broker with mt5 and advanced analytics. What’s up with payments tho?
2025-06-13
Reply
Pablo De la Vega
1-3 years Thailand
The customer support is indeed wonderful and is very professional in handling complaints. I've been here for 2 years and the cost and platforms are not so great…
2025-06-06
Reply
Habib Haque
0-6 months United Arab Emirates
the accounts are preety affordable not the cheapest tho the deposit and withdrawal chef kiss
2025-06-06
Reply
Marc A.C.
7-12 months Mexico
The platform works fine, and the trading conditions are normal… or standard is the right word. Nothing extraordinary, objectively speaking… what I found useful for my trading with Neotrades was the excellent support through market insights and trading ideas… It’s a good tool to follow a wider range of markets and diversify your trading
2025-05-30
Reply
Kardal Hani Maroun
1-3 years Saudi Arabia
Withdrawal process is a bit complicated, I would prefer they just use the method I deposited, and automatically withdraw to it. I had to complete a form here instead. And there are fees for bank withdrawal, if you withdraw less than 100$, which I was not aware of. Need to withdraw large amounts, for it to be free. At least the process is instant. But my bank still takes 3-4 days to react.
2025-05-28
Reply
Quang Toai
1-3 years Vietnam
In these years, I wished they would add something new! Here, because of affordable trading conditions
2025-05-25
Reply
Jonathan Morales
1-3 years Mexico
I didn’t see many reviews about this place while starting up so it was hard to believe that they actually don't cost much but the funding methods and platform could be better
2025-05-22
Reply
BenArmendariz
0-6 months Colombia
THe bank took a while to approve my withdrawal, but everything else was nice and easy
2025-05-15
Reply

1-10 of 125 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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