Neotrades

Neotrades | 2025-04-28 20:10

Ikhtisar：Neotrades is a brokerage company that offers online trading services to individuals and institutional clients. It provides access to various financial markets, including currencies, commodities, indices, and cryptocurrencies. Neotrades typically offers a range of trading instruments, customizable trading platforms, charting tools, and order execution services to facilitate trading activities.

Neotrades Review Summary
Founded	2010
Registered Country/Region	Mauritius
Regulation	Not regulated
Market Instruments	Forex, Shares, Commodities, Indices, Bonds, ETFs (150+ markets via CFDs)
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0.0002 (e.g. AUDUSD)
Trading Platform	MetaTrader 5 (MT5)
Min Deposit	$1,000
Customer Support	Tel (Mauritius HQ): +230 52970362
	UAE: +971 45604965
	Vietnam: +842444582034
	Panama: +507 8336928

Neotrades Information

Neotrades is an offshore broker founded in 2010 and registered in Mauritius. While it offers access to over 150 CFD-based instruments and supports the popular MT5 platform, it is not regulated by the local FSC or any major global authority.

Pros and Cons

Pros	Cons
Access to 150+ CFD instruments	Not regulated
MetaTrader 5 supported	High minimum deposit for entry-level account
No deposit or withdrawal fees	No support for MT4 or Islamic accounts

Is Neotrades Legit?

Neotrades is not a regulated broker. Although it claims to be registered in Mauritius, it is not licensed or overseen by the Financial Services Commission (FSC) of Mauritius, which means it lacks official regulatory oversight in its claimed jurisdiction. Furthermore, Neotrades is not authorized by major financial regulators such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus).

According to the WHOIS data, the domain neotrades.com was registered on October 20, 2010, and its current registration is set to expire on October 20, 2025. The domain was last updated on October 23, 2023. It is currently in a locked state with multiple prohibitions in place — including deletion, renewal, transfer, and update restrictions — which means the domain is protected from unauthorized changes or transfers.

What Can I Trade on Neotrades?

Neotrades claims to offer access to over 150 markets, covering six major asset classes. While the exact breakdown (e.g., number of currency pairs or indices) isn't provided, traders can choose from Forex, Shares, Commodities, Indices, Bonds, and ETFs, all traded via CFDs.

Tradable Instruments	Supported
Forex	✅
Commodities	✅
Crypto	❌
CFD	✅
Indexes	✅
Stock (Shares)	✅
ETF	✅
Bonds	✅

Account Types

Neotrades offers three types of live trading accounts: Standard, Advanced, and Expert. These accounts vary primarily in minimum deposit requirements, features, and level of personalized service.

Account Type	Min Deposit	Demo Account	Islamic Account	MT5 Access	Suitable For
Standard	$1,000	✅	Not mentioned)	✅	Beginner traders
Advanced	$5,000	✅	Not mentioned)	✅	Intermediate traders
Expert	$25,000	✅	Not mentioned)	✅	Professional / high-volume traders

Leverage

Neotrades offers a maximum leverage of up to 1:400 across all account types.

Neotrades Fees

Neotrades offers low trading fees, with generally tight spreads compared to industry standards. It provides variable spreads depending on asset class, and no fixed commission charges were displayed on the website. ETFs show a swap long rate of -0.096.

Asset Class	Example Instruments	Spread	Notes
Forex	AUDUSD, AUDJPY, AUDCAD	From 0.0002	Tight spreads on majors
Shares	Apple, Amazon, Agilent	From 0.15	Contract size: 100
ETFs	QQQ, VOO, GLD	From 0.10	QQQ has lowest spread
Commodities	XAUUSD, XAGUSD, Copper	From 0.04	Low spreads on metals
Indices	DAX, FTSE, Euro 50	From 6	Slightly wider spreads

Non-Trading Fees

Non-trading Fees
Deposit Fee	Free (No fees charged for deposits)
Withdrawal Fee	Free (No fees charged for withdrawals)

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MetaTrader 5 (MT5)	✔	Windows, macOS, iOS, Android	Intermediate to advanced traders needing robust tools
MetaTrader 4 (MT4)	❌	–	–
cTrader	❌	–	–

Deposit and Withdrawal

Neotrades does not charge any deposit or withdrawal fees. The minimum deposit required is $1,000 for the Standard account.

Payment Method	Min. Amount	Fees	Processing Time
Local Transfers	$1,000	Free	Not mentioned
Wire Transfers	$1,000	Free	Not mentioned
Visa	$1,000	Free	Not mentioned
Mastercard	$1,000	Free	Not mentioned
Cryptocurrency	$1,000	Free	Not mentioned
QR Pay	$1,000	Free	Not mentioned