Neotrades is a leading international broker that offers access to a wide range of trading instruments, including CFDs on Forex, Stocks, Indices, ETFs, Bonds, and more. The broker provides a user-friendly platform with great trading conditions, low spreads, and high leverage. Neotrades is committed to providing its clients with transparent services and innovative products while also offering professional customer service and education.
Pros and Cons
Pros
- Secure trading platform with advanced technology and tools
- Over 1000 CFDs and Forex trading instruments
- Trade directly from the Neotrades app
- Up to 1:400 leverage and low spreads on various instruments
- Dedicated account representatives to communicate with in real-time
Cons
- Regulatory status limited to FSC (Mauritius)
- No explicit mention of trading fees and commissions
Recommended For
Neotrades is an excellent online broker for both experienced and new investors alike. Its user-friendly platform, comprehensive educational resources, and low fees make it a great choice for anyone looking to build a portfolio. The platform offers a wide range of financial instruments, including CFDs on Forex, stocks, indices, ETFs, bonds, and commodities. Account holders benefit from competitive spreads, high leverage, and secure payments and withdrawals, as well as unique features such as PAMM accounts and social trading. The platform also features an active community of traders who can discuss strategies and copy successful trades. The NeoTrades app is available to all users and is suitable for all levels of trading expertise with its demo account and educational webinars and seminars. Neotrades is a great option for investors looking to diversify their portfolio and take advantage of the world’s top markets.
Regulated By
- Financial Security Commission Mauritius (FSC)
Top Features
- Diverse Range of Trading Instruments: with over 1,000 CFDs and Forex trading instruments, Neotrades provides access to the world’s most popular markets. This vast selection ensures that investors have ample choices to diversify their portfolios according to their preferences and market opportunities
- Competitive Leverage and Order Types: Neotrades offers impressive leverage of up to 1:400, enabling traders to amplify their exposure to potential market gains. Furthermore, the availability of multiple order types, including Market, Limit, and Stop orders, grants users greater control over their trading strategies and execution
- Comprehensive Support and Educational Resources: Neotrades goes beyond its role as a broker by providing regular webinars and educational seminars. The platform’s live chat support, staffed by multilingual professionals, and dedicated account representatives further ensures that users receive prompt assistance whenever needed
- Engaging Community and Copy Trading: Neotrades fosters a vibrant community of traders, offering an ideal platform for collaboration, networking, and learning from fellow investors. The platform goes a step further by allowing users to copy successful trades from experienced traders, providing an avenue for beginners to gain insights and potentially boost their own trading performance
Overview
- Type of Exchange Forex, CFD, and cryptocurrency broker
- Regulation & Licensing Financial Security Commission Mauritius (FSC)
- Clients Accepted From 150+ countries
- Assets Offered CFDs on Forex, Indices, Bonds, ETFs, Commodities, Shares, Cryptocurrencies
- Platforms Available MetaTrader5 (MT5), Browser-based Platform
- Mobile Compatibility iOS, Android
- Payment Types Accepted Credit/Debit Card, Bank Wire Transfer, PayPal, Skrill, Union Pay, Neteller
Account Types
|
|
Standard |
Advanced |
Expert |
Islamic |
|
Account Currencies |
USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR |
USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR
|
USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR |
USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR |
|
Available Leverage |
Up to 1:400 |
Up to 1:400 |
Up to 1:400 |
Up to 1:400 |
|
Trading Instruments |
CFDs on Forex, Indices, Bonds, ETFs, Commodities, Shares, Cryptocurrencies
|
CFDs on Forex, Indices, Bonds, ETFs, Commodities, Shares, Cryptocurrencies |
CFDs on Forex, Indices, Bonds, ETFs, Commodities, Shares, Cryptocurrencies
|
|
|
Copy Trading Support |
Yes |
Yes |
Yes |
No |
|
Demo Account |
Yes |
Yes |
Yes |
No |
|
Dedicated Account Representative |
2 Days/Week |
3 Days/Week |
4 Days/Week |
No |
|
Social Trading |
Yes |
Yes |
Yes |
No |
|
PAMM |
Yes |
Yes |
Yes |
No |
Trading Platforms
- Metatrader 5 (MT5)
- Browser-Based Platform
Trading and Investment Tools
- One Click Trading Yes
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order Yes
- OCO Orders Yes
- Limit Order Yes
- 24hr Trading Yes
- Charting Package Yes
- Streaming News Feed Yes
Compliance & Regulation
The company is regulated by the Financial Security Commission (FSC) in Mauritius and adheres to its guidelines, ensuring a secure trading environment for investors. By maintaining compliance with these regulatory bodies, Neotrades demonstrates its commitment to providing a trustworthy platform for traders to invest in various financial markets.
Fees & Commissions
- Rollover Fee Free
Pricing
In terms of pricing, Neotrades positions itself as a competitive player in the market. The broker offers low spreads and high leverage, making it an attractive choice for both novice and experienced traders looking for cost-effective trading solutions. This pricing structure, combined with their advanced trading software and quick execution, enables clients to fully capitalize on numerous investment opportunities.
Service Details
- Supported Languages English, Arabic, Spanish, Indonesian, Vietnamese
- Customer Service By Chat, Email, Phone, WhatsApp, FAQ Center
- Customer Service Hours 6am to 1pm GMT Monday to Friday
- Telephone Orders No
Reliability & Security
The company implements a range of measures to ensure the safety of its users’ funds and personal information. Client accounts are insured, providing an additional layer of protection in the event of unforeseen circumstances. Additionally, Neotrades utilizes the high-performance MT5 Trading Platform, which is well-known for its robust security features and reliability.
User Experience
Neotrades’ website is designed with a user-friendly interface, making navigation simple and efficient. The platform, powered by the high-performance MT5 Trading Platform, offers ease of use and quick trade execution. Account opening is a streamlined process, allowing traders to register, deposit, and trade directly from the app. With an emphasis on customer support, Neotrades provides live chat in multiple languages, and real-time service in local languages, as well as face-to-face meetings with dedicated account representatives for an enhanced user experience.
Final Thoughts
Neotrades stands out as an international broker offering diverse investment options, including CFDs on Forex, Stocks, Indices, ETFs, Bonds, and more. With exceptional trading conditions, such as low spreads and high leverage, secure payments and fast withdrawals, it is an ideal platform for modern traders. The user-friendly NeoTrades app further enhances the trading experience, while features like access to MT5 Trading Platform, regular webinars and educational seminars, and dedicated account representatives demonstrate the broker’s commitment to a well-rounded service.
Contact Info
6 St Denis Street, 1/F River Court, Port Louis, 11328, Mauritius
FAQs
Q: Does Neotrades offer demo accounts?
A: Yes, demo accounts are available for the three main account types: standard, advanced, and expert.
Q: What trading platforms can I use with Neotrades?
A: Neotrades provides access to the MetaTrader5 (MT5) platform, a high-performance trading platform renowned for its reliability and versatility. With an intuitive interface and robust functionalities, MT5 empowers traders to execute trades efficiently. It supports a wide range of financial instruments, provides advanced charting tools, and offers automated trading capabilities. MT5 is a preferred choice for traders of all skill levels.
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