The broker provides a big choice of trading assets and it shows this broker is top level. I prefer to trade on commodities and the conditions amazed me. Especially I love trading Gold and Silver and there is high leverage up to 1:150 and spreads are tighter than on Forex personally for me.
They also offer a lot of trading material for free on their education section. I would like to highlight that there are lots of trading ideas published everyday and it is helpful for beginners and experienced traders.But their technical support is in no hurry to answer my questions.
They are simple, lean and clean =) I like when broker doesnt push its agenda on me. This lets me trade, and doesnt take much RAM in my browser window. Good enough.
If you are a client of this broker, then you have definitely used personal account area.
In it, I deposited my account, manage my settings and much more.
I like its structure and what functions it has. I especially like money management tools. I can view history of all money transfers. So for example, I like to count profit that I withdraw :P
I already had trading experience before I opned account with this company. I came here for more favorable trading conditions.
I deposited my account here by $1200 and started trading.
Apparently my mood was too good and I didn't notice how I opened several orders with 0.50 lot instead of 0.05 lot 😬
This almost led to unfortunate consequences.
But I noticed it in time...
I wrote this because I noticed that there were no problems when opening such a large lot. Order was executed smoothly as if it was only 0.01 lot.
This indicates a high quality of execution.
It took a week for me to realize whether this is a good platform or not.
The balance eventually tipped toward the "good" side.
The company has a regulation, it has solid number of markets for trading, plus it somehow contributes to the education of traders via market analysis and trading ideas.
But, it's anyway better to dilate this "research & education" section...
I think that the broker offers premium services. From the start, to the finish, the entire experience shows high quality. The Broker has a copy trading service as well, where you can basically just copy the trades of another trader. I do not always have that much time to trade, hence, a very good feature for me.
However, not many people can afford the minimum deposit. And even amongst those who can, many of them will get a basic trading account. So that is something to take note of about neotrades
If to describe this company, I can say that this broker can be considered average.
It has quite balanced trading conditions and expected services and their characteristics.
You should not wait for any surprises from this company.
I started with 250$ account. Everything was going good for 3 weeks time. Then they insisted me to increase the capital and asked me to invest another 8K$. Then they started taking big lots and suddenly they told me if you don't add another 10K$ your account will be in danger and you will be washed out. Then within 2 days I lost all the money.
They are horrible, deceitful individuals that have stolen my money and often remove all of my evaluations. I've already made $85,000 with them, so don't invest here. For several months, I asked for a withdrawal, but I never heard back. I was upset because I thought I had exhausted all options for getting my money back, but after I located S I M O N C H * C O M and complained to them, they helped me get my money back in full in less than a week.
I thought i found a better platform when i started investing my money with neotrades, my initial deposit was yielding profits and i was being deceived by the user interface, i kept depositing with the hope that one day i will withdraw all my profits, it dawned on me i have been scammed when the withdrawal was not going through, i reached out to the customer service and they locked my account. I discovered Trade cry pts and my life has not remained the same ever since.
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Please be aware of Neo Trades because i'm the victim of their recent scam where they will ask to open your account and deliberately asking your to open a trade with a large position without a stop loss when trade goes against you then they will keep calling to add more money otherwise account will be blow up.
I've lost 26K because of their incompetent and unskilled traders where they don't have an idea about the stop loss
People will say it's my fault but they will convince you that you have to trust us and they will call you mostly during the office hours when you are busy at your work and you don't pay attention what they are asking you to open the position
Trust me they are real scammers...i don't have more words to stay
I have put my entire money in Neo traders hand but they square off everything,1st they told we will book profit every day like that but now they are telling market not good that is why account became zero, and I have paid full registration fee till now they not sent invoice, please be careful don't trade with this company, they will not take responsibility on our money they will put like a lottery
This website is extremely trustworthy and authentic. You will make a lot of money using it, I can promise because I have used it. Here, the customer service is outstanding. When needed, they are instantly available. They have been a big help to me during my trading career. All of my questions received timely responses. From this platform, I have been able to generate a sizable amount of revenue.
I am fully satisfied with the trading conditions they give to me. I initially thought that minimum deposit was too high, like, you know, not everyone can afford to allocate $1k, nevertheless, I understood that it's only for the better!😇
As I see, many traders stick to the same opinion, it's easier to distribute and manage you funds in that case.
Other than that, it's awesome there is an account representative who you can reach out to and clarify all the issues. Only 2 times a week, but... it's more than enough to resolve issues.
All in all everything works correctly.
This broker has several account types. I have a basic account for now. It's called Standard.
But I am considering opening an Advanced account soon and then an Expert trading account.
I have described these options in order to demonstrate the wide opportunities for development that this company provides to its clients.
I think this is what traders may be interested in and what they should pay attention to when studying the trading conditions of the company.
I have been trading with them for a long time and I didn't have any problems that made me want to share feedback about them.There are many various instruments available for trading.
I would like to mention that there is an opportunity to get stocks of a company in IPO earlier than other traders, although I'm an experienced trader.It was my first time to try out this service :D
I have been thinking for quite a long time how to characterize trading conditions🙄
And if I describe them in one word, then it would be the word "Professional"
The first time I encountered Neotrades, I was for sure impressed, like WOW!
Yes, I get that the minimum deposit limit is high, but it is totally worth it. The copy trading platform provided by the broker is very helpful because they have many experts the provide strategies. There is a long list of traders that you could copy from, and also you can learn a thing or two from the successful traders. Maybe you would be able to take advantage of the market yourself.
I have been trading for a long time and I was starting to get bored of trading on financial markets. Then one of my friends recommended me to try out PAMM accounts.
Honestly, I have not heard about this before but my friend explained everything to me and I thought it is a good idea to wake up my willingness to trade because now I'm responsible for investors' money and want to show them what I have got. By the way, it is a good opportunity to make some additional money besides trading. I mean, as long as I'm profitable I'm getting a part of profit from my investors. :)
When it comes to trading, I know that I have paid my dues... I have paid in FULL. I have blown accounts, spent so much time studying, used telegram signal providers... I have doe most things, and now I think I know what works for me here. The broker has been nothing short of excellent in playing its part. There are no issues trading here.
Answer: One of the advantages of a PAMM account here is actually no limitations on the withdrawal. What's even more is that you can take out, transfer or add money basically whenever you want.
Answer: I can say that trading can be difficult for beginners in principle. There are so many dangers that beginners don't know about yet. But after overcoming all challenges, beginner gets experience that allows him to make excellent profits from trading. So one of the dangers that I wrote about is the ratio of margin size, lot size and risks. Neotrades helps to overcome such a danger. Minimum deposit of this broker makes trading safe. Also for beginners, Neotrades has free analytics.
Answer: Well, thats easy. The live chat is simply the easiest way to get in touch. It is fast and very convenient as well.
Answer: Has some strong and some weaker points compared to other brokers. But overall, my impression has been pleasant, they provide a fairly good service!
Answer: X400? Why it shouldn't be enough? I would even say it's more than enough, just make quick calculations. Some brokers offer x1000 or even x2000, but do u guys really need that leverage? It means margin call and stop out within milliseconds, you dig that? So, for profitable trading it's even more than enough as I said. Deposit more money and don't abuse leverage much, it's not wise, man.
Answer: Sure, it does align with my strategy because it's about safe approach. I mean I don't rush when it's not necessary, for instance, when I see that the price is about to break th level out, I would better check everything twice because... pullback is also possible. This is the reason why I don't abuse leverage much and x400 is more than enough for me to comply with both my strategy and risk management. In general, it's cool that Neotrades provides such a leverage. There are those who love risks.
Answer: You mean what? Their platform or app for mobile trading? Anyway I tried both trading on the desktop and using my smartphone, everything was fine. It's famous metatrader 5 and it's optimized to the degree that you experience no difficulties whatsoever. Idk how, but they managed to integrate all the instruments from desktop version to mobile, so analysis is as simple as if you trae using your laptop. So, yeah, I kinda get along with this platform.
Answer: Well, it is easy, but it is not exactly easy. Lol... ummm, you basically have to study the results of the traders you want to copy. Not just their results, but their trading styles, risk, trading frequency... quite a bit. Once you find someone you think is going to be the best fit, then you can allocate funds and copy. It's easy, but not exactly easy.
Answer: There are no significant difference among the accounts offered by the broker. I would say, for positional trading you can opt for any of them and you have to appeal to your personal financial capabilities, because sum of minimum deposit varies. It's cool that on Advanced and Expert accounts you have a chance to meet with the account representative and maybe you can get certain insights from him. In other cases, leverage is the same, platform is the same, number of assets is the same too...
Answer: If you want to invest in accounts of professional traders then you should meet all the requirements, for instance, they can set their own rules of trading strategies, paying out or the threshold of minimum deposit. I mean, everyone has different requirements.
Neotrades has a rating of 3.4 stars from 162 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Neotrades most frequently mention copy trading, minimum deposit and pamm account. Neotrades ranks 2nd among Brokerage sites.