Home -

Neomarkets -

Exceeded

Score

3.12 /10

Danger

Neomarkets

Item: Neomarkets
Rating: 3.12

Mauritius

2-5 years

Regulated in United Arab Emirates

Investment Advisory License

MT5 Full License

Global Business

Suspicious Overrun

Medium potential risk

https://marketsneo.com

Add brokers

Comparison

Expose

Exposure

Open Account

Website

Score

Regulatory Index1.76

Business Index5.62

Risk Management Index0.00

Software Index8.93

License Index1.76

Follow

Open Account

Website

Licenses

SCA Exceeded

Investment Advisory License

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Neomarkets Group Ltd

Company Abbreviation

Neomarkets

Platform registered country and region

Mauritius

Company website

+34 687 63 79 22

Company summary

Pyramid scheme complaint

Expose

Neomarkets · Company summary

Neomarkets Review Summary
Founded	2004
Registered Country/Region	Mauritius
Regulation	FSC (Offshore regulated)
Market Instruments	Forex, metals, energies, indices, stocks
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.00009 pips
Trading Platform	MT5, NeoTrade
Minimum Deposit	$20
Customer Support	Online chat
Customer Support	Phone: +52 55 4161 4855

Neomarkets Information

Neomarkets was founded in 2004 and is offshore regulated by the FSC of Mauritius, where it is registered. It offers trading in forex, metals, energies, indices, and stocks with leverage up to 1:500. The broker supports both MT5 and NeoTrade platforms. However, it does not allow third-party transfers, and the minimum deposit requirement is just $20.

Pros and Cons

Pros	Cons
Live chat support	Offshore regulation risks
Various trading instruments
Demo accounts available
Multiple account types
Long operation time
Low minimum deposit of $20

Is Neomarkets Legit?

Neomarkets is offshore regulated by the Financial Services Commission (FSC) of Mauritius with a Retail Forex License, license number GB22200517.

What Can I Trade on Neomarkets?

Neomarkets offers five types of trading products, including forex, metals, energies, indices, and stocks.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energies	✔
Indices	✔
Stocks	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type & Leverage & Fees

Neomarkets offers five account types: Classic Accounts, MT5 Hedge, MT5 Cent Account, MT5 SwapFree Hedge (Islamic Account), and NeoTrade PRO.

Account Type	MT5 Netting (Classic)	MT5 Hedge	MT5 Cent	MT5 SwapFree Hedge	NeoTrade PRO
Minimum Deposit	$20
Maximum Leverage	1:500				1:100
Spread from	0.00009
Commission	0			Yes (Shariah-compliant only)	No for CFDs, Yes for stocks

Trading Platform

Neomarkets offers two trading platforms: MT5 and NeoTrade.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, macOS, iOS, Android, Web	Experienced Traders
NeoTrade	✔	Windows, macOS, iOS, Android, Web	/
MT4	❌	/	Beginners

Deposit and Withdrawal

Neomarkets require a minimum deposit of $20. Payment methods include bank card payments in EUR, INR, KZT, PKR, and USD, which are processed instantly without commission; and bank wire transfers in USD and EUR, which can take up to 5 business days and may incur senders bank fees.

Generally, deposits and withdrawals have no commissions unless the total withdrawal amount in a calendar month equals or exceeds $50,000, in which case a 1% fee is charged on the withdrawal amount regardless of the method. Neomarkets does not support transfers from or to third parties, and withdrawals can only be made to the original funding source.

Payment Options	Accepted Currencies	Fees	Deposit Time	Withdrawal Time
Bank Card	EUR, INR, KZT, PKR, USD	❌	Instant	Within 1 business day
Bank Wire	USD, EUR	Sender's bank fee	5 business days

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

外汇天眼（中国）

GET IT ON

WikiFX Google Play

Download Apk

WikiFX APK

Warning: Low score, please stay away!

Previous Detection : 2025-09-16

This broker exceeds the business scope regulated by United Arab Emirates SCA(license number: 20200000285)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:500
Minimum Deposit	20$
Minimum spread	From 0.00009
Products	Currency pairs - 40 Metals - 3 Energy - 2 Stock indices - 10

Currency	--
Minimum position	0.01
Supported EA
Depositing Method	(2+)
Withdrawal Method	(2+)
Commission	--

Neomarkets · Company summary

Neomarkets Review Summary
Founded	2004
Registered Country/Region	Mauritius
Regulation	FSC (Offshore regulated)
Market Instruments	Forex, metals, energies, indices, stocks
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.00009 pips
Trading Platform	MT5, NeoTrade
Minimum Deposit	$20
Customer Support	Online chat
Customer Support	Phone: +52 55 4161 4855

Neomarkets Information

Neomarkets was founded in 2004 and is offshore regulated by the FSC of Mauritius, where it is registered. It offers trading in forex, metals, energies, indices, and stocks with leverage up to 1:500. The broker supports both MT5 and NeoTrade platforms. However, it does not allow third-party transfers, and the minimum deposit requirement is just $20.

Pros and Cons

Pros	Cons
Live chat support	Offshore regulation risks
Various trading instruments
Demo accounts available
Multiple account types
Long operation time
Low minimum deposit of $20

Is Neomarkets Legit?

Neomarkets is offshore regulated by the Financial Services Commission (FSC) of Mauritius with a Retail Forex License, license number GB22200517.

What Can I Trade on Neomarkets?

Neomarkets offers five types of trading products, including forex, metals, energies, indices, and stocks.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energies	✔
Indices	✔
Stocks	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type & Leverage & Fees

Neomarkets offers five account types: Classic Accounts, MT5 Hedge, MT5 Cent Account, MT5 SwapFree Hedge (Islamic Account), and NeoTrade PRO.

Account Type	MT5 Netting (Classic)	MT5 Hedge	MT5 Cent	MT5 SwapFree Hedge	NeoTrade PRO
Minimum Deposit	$20
Maximum Leverage	1:500				1:100
Spread from	0.00009
Commission	0			Yes (Shariah-compliant only)	No for CFDs, Yes for stocks

Trading Platform

Neomarkets offers two trading platforms: MT5 and NeoTrade.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, macOS, iOS, Android, Web	Experienced Traders
NeoTrade	✔	Windows, macOS, iOS, Android, Web	/
MT4	❌	/	Beginners

Deposit and Withdrawal

Neomarkets require a minimum deposit of $20. Payment methods include bank card payments in EUR, INR, KZT, PKR, and USD, which are processed instantly without commission; and bank wire transfers in USD and EUR, which can take up to 5 business days and may incur senders bank fees.

Generally, deposits and withdrawals have no commissions unless the total withdrawal amount in a calendar month equals or exceeds $50,000, in which case a 1% fee is charged on the withdrawal amount regardless of the method. Neomarkets does not support transfers from or to third parties, and withdrawals can only be made to the original funding source.

Payment Options	Accepted Currencies	Fees	Deposit Time	Withdrawal Time
Bank Card	EUR, INR, KZT, PKR, USD	❌	Instant	Within 1 business day
Bank Wire	USD, EUR	Sender's bank fee	5 business days

User Reviews

More

User comment

4

Comments

Write a review

FX1728896691

more than one year

Just a short message to say that I have been with the company for many years and I have say that I am well impressed with the service 🌸they have always assisted me when I need them and have been very helpful.

Translate to English

2024-07-19 15:36

Reply

0

Antonio G

more than one year

Overall, Neomarkets seems like an okay broker option. Need to use their platform more extensively to form a more definitive opinion.

Translate to English

2024-06-28 15:08

Reply

0