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neotrades.com Reviews

3.9 Rating 459 Reviews

80 %

of reviewers recommend neotrades.com

Company Reviews

3.9

Based on 459 reviews

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Queries Resolved In	2 - 3 Hours

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How would you rate the accuracy of the trading signals, or what they call trade ideas here?

Asked by Jeronimo Cano (2 weeks ago)

How informative is the broker’s platform in terms of trading signals?

Asked by Karim F. (4 weeks ago)

Despite the looks, it is pretty good. And I am saying despite the looks because the trading ideas section looks super simple, but maybe its even a good thing. The ideas are provided by trading central, and the reputation of this organization precedes it. The signals are of high quality, but it doesnt mean that they will always be profitable, so I would advice you to combine them with your own trading style to increase the odds.

Answered by Alejandro G. (3 weeks ago)

Guys, pls, tell me if I'm kind of silly or if others also don’t understand anything about the IPO service, could you explain what is the purpose of this?

Asked by enzo (1 month ago)

The IPO service just helps you to catch the tastiest companies that are about to be publicly listed. You can't trade them when they haven't passed an initial public offering, obviously. However, if the company looks promising, you have checked various parameters such as annual revenue of it, ROI, P/E and other data and it looks like a real rocket, right after the company is started being traded on the market, you jump on this bandwagon and go high in the sky.

Answered by Raul Pastrana (3 weeks ago)

Neotrades is a big and growing platform, any plans to improve the availability of customer support?

Asked by Jordi (1 month ago)

Dunno bro. My experience with their client support was satisfying. I reached out to the a couple of times and they answered promptly. But, you know, the thing "promptly" varies depending on a person. One doesn't mind to wait for ten minutes, while other get vexed if they don't get the answer within like a minute. If you are impatient, then perhaps they need to do smth with the availability of client support, but I don't care in this case.

Answered by Jordi Griego (1 month ago)

Do you love your money. If yes don't use neotrades. They are scam .. Beware of Mr. Adrian he was my account manager. He insisted me to take trades showing market trends. Got money in the account to take trades in gold earn money and then withdraw. But then insisted me to take trades in everything other than gold. All are trained like this. Beware if you love your money

Asked by Neha (1 month ago)

How many people have your team looted till now. And if possible please refer to the amount in USD.

Asked by Neha (1 month ago)

Could you please explain what a PAMM account means?

Asked by Santiago (2 months ago)

How can I become a Neotrades PAMM account manager?

Asked by Luz Obregon (2 months ago)

Which features should I look for in a signal provider to know that the copy-trading profit from them will be good?

Asked by Pedro Gutierrez (3 months ago)

Dont follow any signals from Neo Trades if you love your money. The obvious trades will hit. Like US 30 or US 100 which every one knows that if elections are there it will rise. So beware of the financial frauds and cheating which they do by playing with pople mind and assessing how much wealth they have.

Answered by Neha (1 month ago)

Who decides when I can withdraw using a PMAM account: the manager or me?

Asked by Tejada (3 months ago)

How does copy trading work here at Neotrades?

Asked by Estefan Belasio (3 months ago)

Copy trading starts with picking a trader after checking their track record, portfolio and risk rating followed by choosing an amount to copy and the system calculates the ratios. Lastly, you press copy and the traders positions are copied instantly. It is important to note that there are no management fees and the trader gets a fixed percentage of profits.

Answered by Axel G (3 months ago)

Is Neotrade a reliable trading platform?

Asked by Andres Coronel (4 months ago)

There are a lot of reviews about it, you can look it up either here, or on quora, or on investing (im not sure if im allowed to suggest different websites on this one, pretty sure I cant do links though, so...). Read those, they go in-depth, in-detail. Short answer is: yes, its a stable and safe broker. But you can still lose all your money super-easily. 1 bad trade is enough for that. So be very very cautious when trading.

Answered by Lucas Vazquez (3 months ago)

Not at all. They have team of financial frauds who are termed as experts. You you love your money and want to have proper control over your fund. Go and read my review on neo trade and not a single word is lie in that

Answered by Neha (1 month ago)

Neo trades is a scam

Answered by Neha (1 month ago)

What is better Neotrades Pamm or copy trading for investing?

Asked by Pedro Salazar (5 months ago)

Uhh, you caught me off guard with this question because to be honest both of them are good and you can use two services simultaneously if you have a large deposit but if I need to choose between two of them, I would choose PAMM accounts. You may wonder why, well, you can invest 900$ in three various pamm accounts of managing traders and each of them has different strategies, you can choose a conservative, middle and high risk accounts and iinvest 300$ in each strategy. It is like a passive investment in the stock market, by the way you can withdraw money at any momen which you want to, however you should meet their requirements like someone can set a minimum amount of deposit for investing 500$, another trader can set a minimum deposit for investing 1000$ and so on.

Answered by Bui (5 months ago)

Hmm… This is indeed a nice question. As with most good questions, it is not easily answered in a straightforward manner. Let me start with the main difference between those two services - who takes control of your trading capital. When you are involved in copy trading, actually the funds stay in your account and with that, you basically have control of them. Only the execution of trades is done automatically, based on pre-set conditions and mirroring the trades of your chosen strategy provider. With a PAMM account, you actually give your funds to the managers. I mean they stay in your account, but the manager decides how much to invest in a certain position, creates an investment portfolio and basically decides everything regarding your trading account. The question of which one is better depends on your preferences. However, if you have a larger account size, I would definitely suggest you opt for the Pamm.

Answered by Lucas Rodriguez (5 months ago)

Choose anything you want, both systems are quite beneficial and can be lucrative, because in one case you allocate funds to a professional manager, who share profits with you and you pay a certain fee, in the other case you follow other guys who have devised their own strategies and think that they are profitable. In the last case, it's important to check all parameters before choosing a leader.

Answered by Juan Manuel (5 months ago)

What is the best trading strategy to use with Neotrades copy trading?

Asked by Pacho Mancha (6 months ago)

Yeah, it's one of the reasons to use them even if you're not trading with them. They have a decent news section that I sometimes browse, but the real deal are their trade ideas (research & education -> trade ideas). You can gain basic access even without registering, but obv for clients they give even more. You can see a ton of interesting ideas for intraday trading: which assets are bullish and why, which will BECOME bullish or bearish at certain points etc. They even show specific support and resistances levels so any new traders can learn quite a lot.

Answered by Hamad el-Fawaz (5 months ago)

Is this a platform that I can use as a beginner?

Asked by Gracia Basco (6 months ago)

Well, with copy trading, you can even use the platform as a non trader entirely. But it is best to understand the rudiments of trading anyway.

Answered by Marc Garcia (6 months ago)

Would you advise to a novice to entrust money to account manager, or it's better to trade on my own?

Asked by Marcos Lerma (7 months ago)

Depending on what beginner's goals are for a long distance. Look, if beginner wants to make a stable profit as soon as possible and at the same time size is not important to him, then he can choose option with manager. And if beginner wants to gain trading experience based on his independent trading, then he can start trading on his own. He can learn how to trade and make big profits pretty quickly. But also he can be not such lucky. And therefore, option with manager may be useful.

Answered by Elvio Reynosa (7 months ago)

The answer is simple but depends on what amount of money we are talking about. If you have saved a significant amount of funds and want to be involved in investing, then probably it is a smart decision to use the services of an account manager. But if your goal is to learn to trade independently, then I don’t see any reason why you shouldn't start trading. However, start small, let’s say a maximum of $1000 after you have passed some trading courses and have traded on a demo for some time.

Answered by Justino (6 months ago)

I would stand for trading on your own, because only by this way you will be able to acquire invaluable trading skills especially you have a stake in further development in this industry. As for outsourcing the task of making money to a professional, then it's okay but it's also not without pitfalls. You must have knowledge to understand who you are about give your money, because sometimes account managers aren't seasoned traders who do make mistakes, keep dat in mind.

Answered by Abraham (6 months ago)

How is Neotrades' PAMM account?

1 Helpful Report

Asked by Ian Armenta (9 months ago)

It is a great service that Neotrades offers for traders. I tried as a money manager cuz I was bored trading for just the way. Thanks to PAMM-account I feel like a manager of an investment fund like in movies and I prove myself as a professional trader to the general public of beginners and experienced traders. It is a good idea to combine trading and PAMM-account cuz you can earn from 2-nd passive income.

Answered by Antonio Reyes (9 months ago)

Based on my experience it is one of the coolest features brokers can offer. Grateful that Neotrades has it! Basically, this is like arranging a mutually-beneficial agreement between money managers and investors. With PAMM account you can be on the either side. If you think you are a skillful trader and you have a good trading performance, then go become a money manager. While for novice traders or those who want to make some money, becoming an investor is a better option. As for me, I am not that experienced, therefore I prefer to invest :) I just paid pre-agreed performance fees and the trading is taken care by funds managers. The broker has ensured that this whole process is transparent and secure. I recommend it.?

Answered by Rayman Borrero (8 months ago)

How is? It is chilling I guess... lol. The PAMM account is just like the pamm accounts you know... that is in principle. They function the same, and it really isn't difficult to use this feature on Neotrades. However, if you are asking about performance, then yeah... I know that they can be very profitable as well. But not all of the time.

Answered by Martinez Baro (8 months ago)

Burn in hell all fvvck you scammers! No withdrawal at all!!! Give me back my moneyfvckking scammmer burn all in hel from your kids to your grandparents fcccckkkyounnnn

Answered by Ivy Tan (8 months ago)

do you know guys whether it has a mobile app?

Asked by Rafael Jaramillo (10 months ago)

MT5 is available on all platform, so no worries, mate, if you are into mobile trading and you believe it's better for you, then you can freel download the application, log into account, setup everything according to you need and relish trading on the go :) I tried it and it was as stable and as advanced as the desktop version.

Answered by Tong Q. Toan (10 months ago)

have you ever used the trading ideas here on the platform? are they any good?

Asked by Hamdaan (10 months ago)

Yeah, from time to time. I mean I am more concentrated on reading different news rather than checking trade ideas, but sometimes if I see that the platform offers the way of interaction with this or that major fx pair, I don't mind checking these ideas. From time to time they fully match my personal predictions, but there are also situations when there's a divergence between them. So it's dependable, but the value of this feature is high.

Answered by Alfonso P (10 months ago)

I find the trade ideas from Neotrades quite valuable. I do not follow them blindly, of course, but I can not say that they are of no use at all. What I do is that I trade more on a long-term basis loking for huge patterns. The idea here is that the more extended a pattern is, the more time it takes for its development. For example, take the rectangle consolidation, there are more than three points both on the upper and lower boundaries that have to be formed. It can happen that the trading ideas from the broker might coincide with my idea, this can boost the conviction behind the trade.

Answered by Alan Herrera (9 months ago)

Is it possible to trade cryptocurrencies as CFDs on this platform?

Asked by Arturo f (11 months ago)

Unfortunately No. Cryptocurrencies or any other digital assets are not available for trading on this platform.

Answered by Emmanuel (10 months ago)

I heard that their clients get exclusive analytics, is this true?

Asked by Hai Ngoc Huynh (11 months ago)

Yeah, it's exactly like that. They provide all clients, regardless of account type, with useful analytics. Moreover, such analytics are provided on a regular basis. This means that you can use it to make your own analysis. I use these analytics to confirm my assumptions, but if my analytics disagree with analytics they provide, I don't open trade orders. Only if they are in complete agreement I consider it a reliable signal to trade.

Answered by Jeremias Fraga (10 months ago)

I heard that their clients get exclusive analytics, is this true?

Asked by Hai Ngoc Huynh (11 months ago)

What sort of stocks do they have? only the american companies?

Asked by Isaac M (11 months ago)

nope, they have way more than american companies, they have european companies as well, and even companies from hong kong, so you have lots of choices when it comes to stocks

Answered by Alan (11 months ago)

Nah, the US market is only a small part of stocks that are available for trading there. I will not list all markets, but I can say that most of stocks can be found on their platform. If you are really interested in trading this financial instrument then this broker is the right option. Considering trading conditions and variety of stocks this trading can have a good result.

Answered by Jerardo (10 months ago)

Is Neotrades a good platform for trading long-term?

Asked by sami (1 year ago)

I think this broker is great for this purpose. One of the most important attributes is reliability. I believe that this company will be able to exist for many more years. It is financially stable and will pass any economic turmoil in the world. In addition, in the long term I am sure that the trading conditions of this broker will remain relevant and favorable.

Answered by Roberto Ibanez (1 year ago)

Not sure what you meant by long-term… as a trading strategy or is it a reliable broker to consider it for the long-term? I have been trading with Neotrades for quite a long time, more than a year so far. I never have encountered any problem whatsoever, and I don’t even think of changing my broker. So, if you have worries about them being a reliable broker in the long run, from my experience, they have proved to be the one for me. However, if you asked for positional trading, meaning to keep your trades for a longer time, I don't see any reason why they should be fine. I’m an intraday trader, so maybe I am not the most capable of answering this question, but I think the instruments that have been quite popular for long-term trading are available, such as indices, commodities and shares.

Answered by joaquin duran (1 year ago)

Does Neotrades provide trading signals for their clients?

Asked by Alfredo (1 year ago)

I haven't heard of such ones... Maybe they exist, and it would be unsurprising for me, because the company always strives to deliver convenient conditions for traders. It's quite a difficult topic to discuss, because there are controversial opinions on the use of trading signals in the community. I presume that it's only for the better, but the number 1 rule is not to base decisions strictly on them =)

Answered by Victor Guardado (1 year ago)

Is it possible for an average trader to open PAMM account, or it demands a certain proficiency level?

Asked by Quang (1 year ago)

On the one hand yes, but on the other hand no. No one will ask you for documents confirming your professional qualifications when you open PAMM account. But I guess you will agree that in order to manage such account you need some experience in trading. Besides, I suppose that most successful use of PAMM service is possible when you have effective trading strategy.

Answered by Damian (1 year ago)

I'd say it demands a certain proficiency level because the main essence of the PAMM account is to manage several accounts at once. These accounts are from those traders who entrust their money to you. But, in case of entrusting your funds to the money manager who will be busy with earning funds for you, then I presume it may be chosen by a newbie, too. ;) Still, as far as I know, it anyways demands certain skills and understanding of the sphere itself.

Answered by Gael Ochoa (1 year ago)

Do you have any success in copying trades on this platform? Is the entire system okay here?

Asked by Ramon Fraga (1 year ago)

The system is okay, without a doubt, otherwise it'd be super pointless for a broker to waste resources on implementing copytrading mechanism. I tried it a couple of times and should say that it works steadily, without any glitches and of course it's a good opportunity to make money if you don't want to bother about analysis.?

Answered by Oscar Montero (1 year ago)

You know what copy trading is? It is a pretty simple and interesting concept. The broker has a very good trading copy service, allowing you to copy the trading activity of a trader you believe is more profitable.

Answered by Eduardo (1 year ago)

What is the main difference between Standard and Advanced account types?

Asked by Felipe M. (1 year ago)

At first glance, the main difference between those account types is the required deposit. Standard acc comes at $1000, while Advanced acc comes at $5000. However, if you opt for an advanced account, you will receive your own personal account representative from the company. Once a week you will have one-to-one meetings with him, and this can be valuable for your future growth as a trader. Neotrades are known for this exclusive feature, I don’t remember seeing any other brokerage company offering a personal account representative. It can literally be your own trading mentor ?

Answered by Santino V (1 year ago)

All good guys I love it. Actually I am trading for a long time but it is my first time when I want to use some indicators. And I want to ask, is it profitable to do?

Asked by Carlos R. (1 year ago)

Indycators are always profitable things to use in one’s trading routine. However I would recomned not to overuse them as some people use so many indicators that you can barely see the chart itself. Evrything is good in moderation.

Answered by Enrique Vargas (1 year ago)

EVERYTHING that gives traders additional information can be perceived as profitable. However you have to use indicators properly to be able to make money from their usage. So I would recommend learning how to use them first.

Answered by Aitor Saez (1 year ago)

How precisely does the Neotrades copy trading work?

Asked by Emiliano (1 year ago)

It’s easy. - You pick a tarder according to his strategy and statement. - you allocate a certain amount of money from your overall depsosit. So you don’t have to risk all your funds, that’s cool. - and last but not least you press copy on the plaftorm which launches the copy trading process right away. Aftr that all you have to do is to follow the actions of the provider and stack your money;)

Answered by Daniel (1 year ago)

Bro, this service works perfectly! Trust me. I have already withdrawn several times with profits.

Answered by Moises A (1 year ago)

What is that pamm in neotrades?

Asked by Bruno G. (1 year ago)

Do I have access to the austrailian shares in neotrades?

Asked by Serratos Cruz (1 year ago)

I think so. Neotrades provides stocks from across the globe. The broker included shares from european, US and asian mrakets so there are definitely some aussie shares fro you to trade with.

Answered by Emilio (1 year ago)

I mean, I have never heard such a question, I think even australians do not trade their own exchange :D But yeah you have access to it.

Answered by Alex Cortes (1 year ago)

Pal, first of all, I would like some tips from you on what Australian stocks you trade, cause it is kind of a mystery for me that market. :) And secondly, YES, you have access to Australian shares. The range of tradeable stocks available on Neotrades is the biggest advantage of this broker over the others. You will be surprised to see what kind of trading options you have here. You will never get bored trading here. ;)

Answered by Max R (1 year ago)