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Neotrades

WikiFX | 2025-07-28 18:10

Abstract:Neotrades is a trading platform established in 2010 and registered in Mauritius. It provides access to a broad range of market instruments, including forex, stocks, commodities, ETFs, bonds, and indices. The platform supports practice trading through a demo account and offers high leverage of up to 1:400, with spreads starting at 0.1 pips. Neotrades operates on the MT5 trading platform and provides three types of trading accounts: Standard, Advanced, and Expert.

Neotrades Review Summary
Founded2010
Registered Country/RegionMauritius
RegulationCySEC (Unverified)
Market InstrumentsForex, Stocks, Commodities, ETFs, Bonds, Indices
Demo Account✅
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformMT5
Social Trading✅
Minimum Deposit$1,000
Customer SupportPhone: +230 52970362, +842444582034, +56 452 781 979
Email: support@neotrades.com
Social Media: Facebook, Instagram, YouTube, Twitter, TikTok, LinkedIn,
Company Address: 1ST Floor River Court, 6th St Denis Street, P.O. Box 1079, Port Louis 11328

Neotrades Information

Neotrades is a trading platform established in 2010 and registered in Mauritius. It provides access to a broad range of market instruments, including forex, stocks, commodities, ETFs, bonds, and indices. The platform supports practice trading through a demo account and offers high leverage of up to 1:400, with spreads starting at 0.1 pips. Neotrades operates on the MT5 trading platform and provides three types of trading accounts: Standard, Advanced, and Expert.

Neotrades' homepage

Pros and Cons

ProsCons
Three account typesUnverified CySEC license
No commissionHigh minimum deposit requirement
MT5 supported
Multiple payment methods

Is Neotrades Legit?

Neotrades holds an unverified license from the Cyprus Securities and Exchange Commission, which makes it unsafe for you to invest in this platform.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
CyprusCyprus Securities and Exchange Commission (CySEC)UnverifiedΝaga Markets Europe LtdMarket Maker (MM)204/13
Unverified CySEC license

What Can I Trade on Neotrades?

Traders on Neotrades get access to market instruments including forex, stocks, commodities, ETFs, bonds, and indices.

Trading AssetsAvailable
forex✔
stocks ✔
commodities✔
ETFs✔
bonds✔
indices✔
cryptocurrencies❌
options❌
funds❌
What Can I Trade on Neotrades?

Account Type

Neotrades offers three types of trading accounts: Standard, Advanced, and Expert. Notably, all account comes with a very high minimum deposit requirement.

Neotrades also offers a demo account for traders to test the platform without risking real money.

Account TypeStandard Advanced Expert
Available CurrenciesUSD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZARSame as StandardSame as Standard
Minimum Deposit$1,000$5,000$5,000
LeverageUp to 1:400Up to 1:400Up to 1:400
Social Trading✔✔✔
PAMM✔✔✔
Support HoursMon-Fri, 6:00 AM GMT - 1:00 GMT (2 Days/Week)Mon-Fri, 6:00 AM GMT - 1:00 GMT (3 Days/Week)Mon-Fri, 6:00 AM GMT - 1:00 GMT (4 Days/Week)
Demo Account✔✔✔
Daily Market Reviews & Financial Research✔✔✔
Dedicated Account Representative✔✔✔
One-on-One Meetings with Account Representative❌1 meeting/Week1 meeting/Week
Special Trading Conditions❌❌✔
Access to Trading Central Tools and Analysis❌❌✔
Account comparison

Leverage

Traders on all account levels enjoy leverage of up to 1:400 on this platform. Please note that high leverage can amplify not only profits but also losses.

Fees

Neotrades provides spreads starting from 0.1 pips and asserts that it does not charge any commission.

Trading Platform

Neotrades provides traders with MT5, which is a multi-asset trading platform that supports not only forex but also stocks, commodities, indices, cryptocurrencies, and futures. It includes enhanced analytical tools, additional timeframes, more technical indicators, and improved order types and execution options.

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌/Beginners
MT5 platform

Deposit and Withdrawal

Here are all the payment options provided by Neotrades: Mastercard, Visa, Skrill, Local Transfers, Wire Transfers, Cryptocurrency, and QR Pay.

Payment methods

Related broker

Unverified
Neotrades
Company name:Neotrades Capital Ltd.
Score
1.50
Website:https://neotrades.com/
2-5 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.50

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