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Neotrades has a rating of 3.3 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 4th among Brokerage sites.
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This broker has chosen more advanced traders as their targeted clients. The trading conditions are good, but you will need at least $1000 to open an account.
Sabse bakwaas software h, mere 8000 le liye and features bhi bekar h software ke, inke software use kar de do trade li aur ******* ka loss ho gya, bht ghatiya software h... nifty, banknifty ka option bhi ni h, jab Maine complaint ki aur refund maanga to mujhe block bhi kar dia, aap logon ko bhi kar denge.
I have carefully studied the trading conditions at Neotrades and its overall reliability, and I can say that they have some serious advantages to trade with them, but also have some areas where they can improve even more.
If you are a beginner, maybe this wouldn't be the best fit for you. This broker is more suitable for advanced traders and for larger deposits.
For advanced traders, the conditions are almost perfect… MT5 platform, PMAM account type, and personal account manager are something that can make your trading hassle-free.
The broker is really not bad. In fact, the broker is really impressive in some aspects. I have had no issues in my trading, and it is safe to say that the broker is reliable, because I have been trading with the broker for a long time now.
There are many services and features to enjoy as a beginner, and a pro as well. The copy trading service is great, but I know many people do not like that the minimum account of a thousand dollars. But it is worth it.
Initially their requirement for minimum deposit seemed to be qute high to me, but then I raelized that I would be able to manage risks more prudently due to it.
Trading here is without stress or hassle, especially because the broker has a copy trading service that is very good. Even traders who do not have much experience can make money here. But of course, it still comes with risk.
If you are confident in your skill and also want other traders to copy your trades, it is also not a difficult thing to do. I really like trading here.
Forex, indices and MT5 are my favorite tools in the forex trading and at Neotrades.
I don't know why but I read those asset classes way better than stocks for example, or commodities.
Plus I have a high 1:400 leverage which is a mandatory thing I think. Leverage is the tool that allows me to make bigger profits with less money
If you want to have broker that will allow you to do serious business then you should apply to Neotrades. This company doesn't even allow trading with less than $1000.
The protocol in trading is simple.
If you need consistent returns, you need to have consistency in your approach to trading. You need to have a system that you don't get out of and you need to keep at it.
The same thing is very true for a broker. Once you get a decent and proper broker that takes good care of you and give you a decent set of trading conditions, you need to keep going with it. Mine is Neotrades with their great conditions and low spreads. So far, they have been really good for me. Can't ask for more.
Their mantra on their website was "dream big, and achieve even bigger". That alone gave me the motivation and discipline i needed! :)) My broker pumps me up y'all! Great!
At first I thought it was pretty classic and unremarkable broker. That is, a company that has fairly standard set of services.
But it turned out that this broker can surprise!
As a client of the company I have access to three services to get profit.
1) Independent trading service.
This is classic service that includes trading platform and set of trading conditions necessary for trading.
2) Service of copying trades. Thanks to this service I can get profit by copying trades of other more experienced traders. I have chosen trader who in my opinion is the most profitable and at the same time moderately risky.
3) Service for managing other accounts. It's too early for me to think about it, but I can imagine managing other traders' trades in the future. And thanks to this I will be able to get more income.
This is what this broker can offer its clients. I think this set of services deserves attention.
Excellent training by the neotrader team. Really will improve me from the way of seeing the trades. Thank you.
Indeed, with Neotrade you don't need to have years of experience and advanced knowledge and skills to make profits while trading. They will help you in your journey to become a pro, and still make some decent profits while learning. How?:)
Aside from manual trading, for which you need a comprehensive understanding of trading, Neotrades offers you a feature that allows you to copy trades from successful traders on the platform. While doing this, you can practically learn how successful traders work and analyze their trades for your benefit.
Neotrades has been really incredible so far, speaking as a trader with not a lot of experience. I am more of an intermediate trader and I can do my analysis on my own... most of the time.
From the very first moment I signed up, it has all been smooth sailing. The design of the website is simple and clean, allowing it to be easy to catch information. And talking about clarity, the website has most, or all of the information you need to start trading. Well, there is information about the trading instruments available.
I was very impressed by the platforms available and the range of assets for trading as well. The MT5 is just the best, and then there is also the trade copier and the PAMM as tools to assist with copy trading. Trading has never been this easy, honestly, and I am extremely grateful that I came across this broker. Neotrades is truly awesome.
The PAMM account feature is quite interesting I think. It's a great way to accumulate more funds under one trading strategy and boost the profits without taking much risks.
I used to trade manually up until this point, but the more I researched about the PAMM the more I was willing to open and test it.
The most complicated thing would be to define the exact parameters of your PAMM account in terms of payout percentage and risk appetite. However with the working trading strategy it's not a big deal.
I can start slow and don't charge too high percentage from the profits. Later it is possible to review the conditions.
This broker opened a new direction for me - copying trades of other traders. And now this is my main direction.
I did not get a completely professional feeling out this broker, I cannot lie. But it looks safe and visually pleasing to me. Those are enough inputs for me to try out this broker. We'll see how things will go basically, I hope everything here will turn out to be okay.
Whether or not to stay here. It is an okay platform but kind of a hard deicison for me. I think i might be able to get used to this platform, it looks like there's at least hope. We'll see where it goes, I might enjoy it and stay for the long run.
I use the lowest plan for my trading and I have to save money to join the better account types. Well, we will see!
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.
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.
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