neotrades Spreads, leverage, minimum deposit Revealed

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
Founded	2010
Registered Country/Region	Mauritius
Regulation	CySEC (Unverified)
Market Instruments	Forex, Stocks, Commodities, ETFs, Bonds, Indices
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0.1 pips
Trading Platform	MT5
Social Trading	✅
Minimum Deposit	$1,000
Customer Support	Phone: +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.

Pros and Cons

Pros	Cons
Three account types	Unverified CySEC license
No commission	High 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 Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
Cyprus	Cyprus Securities and Exchange Commission (CySEC)	Unverified	Νaga Markets Europe Ltd	Market Maker (MM)	204/13

What Can I Trade on Neotrades?

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

Trading Assets	Available
forex	✔
stocks	✔
commodities	✔
ETFs	✔
bonds	✔
indices	✔
cryptocurrencies	❌
options	❌
funds	❌

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 Type	Standard	Advanced	Expert
Available Currencies	USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR	Same as Standard	Same as Standard
Minimum Deposit	$1,000	$5,000	$5,000
Leverage	Up to 1:400	Up to 1:400	Up to 1:400
Social Trading	✔	✔	✔
PAMM	✔	✔	✔
Support Hours	Mon-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/Week	1 meeting/Week
Special Trading Conditions	❌	❌	✔
Access to Trading Central Tools and Analysis	❌	❌	✔

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.