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Neotrades

7.7 / 10 Overall Score

Website: https://neotrades.com/
Jurisdiction: Mauritius
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

Business
Software

Company & Contact

Legal Name: Neotrades Capital Ltd.
Phone: 23052970362
Email: —
Address: 1ST Floor River Court, 6th St Denis Street P.O Box 1079, Port Louis 11328, Mauritius

License Info: [{"监管状态": "CYSEC Unverified", "牌照信息": "Cyprus Market Maker (MM)"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Neotrades Company: A Comprehensive Overview

## Company Overview

Neotrades company is a forex brokerage firm that provides a range of trading services to clients globally. Founded in 2022, Neotrades operates under the ownership of Neotrades Capital Ltd. The company is headquartered in Mauritius, specifically at 1st Floor River Court, 6th St Denis Street, P.O. Box 1079, Port Louis, Mauritius. Neotrades primarily focuses on forex trading, offering access to various financial instruments including CFDs, commodities, and indices. The company does not accept traders from the United States.

## Corporate Development

Neotrades company is relatively new in the financial services sector, having been established in 2022. As a newly founded entity, it has not undergone significant historical milestones such as mergers or rebranding. However, it has positioned itself in the market with a focus on providing competitive trading conditions and a user-friendly platform. The firm has received recognition in the form of awards, including accolades for being one of the best forex trading platforms and education providers.

## Corporate Structure and Subsidiaries

Neotrades operates as a single entity under the name Neotrades Capital Ltd. The company is registered in Mauritius and operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius. As of now, there are no publicly available details regarding additional subsidiaries or branches.

## Regulation and Compliance

Neotrades company is regulated by the Financial Services Commission (FSC) of Mauritius, holding the license number GB21200093, and is also registered with CySEC under license number 204/13. The company implements client fund protection policies, including the segregation of client funds to ensure safety. However, there is no mention of additional insurance for client funds or specific compliance frameworks beyond its regulatory licenses. Neotrades does not accept clients from certain jurisdictions, including the United States.

## Global Presence and Market Coverage

Neotrades company serves a diverse range of geographic markets, focusing on regions outside the United States. The brokerage offers services in multiple languages, including English, Arabic, Spanish, Indonesian, and Vietnamese, reflecting its aim to cater to a global clientele. While the company does not specify local branches or representative offices, its online platform allows for broad accessibility across various markets.

## Financial and Operational Data

While specific financial data regarding Neotrades company is not publicly disclosed, it is noted that the firm has a significant user base with over 250,000 registered users and has opened approximately 1.5 million positions. The company offers competitive trading conditions, including leverage of up to 1:400 and low spreads. Neotrades has invested in technology to enhance its trading infrastructure, utilizing the Metatrader 5 platform for its trading operations.

## Reputation and Industry Standing

The perception of Neotrades company within the forex and financial community appears to be mixed. It has received various reviews, with ratings ranging from 3.0 to 9.6 out of 10 across different platforms. Positive feedback often highlights the trading conditions and customer support, while some reviews raise concerns about potential scams and trading practices. The company has established partnerships and maintains a presence in the forex trading community, but its overall credibility may be influenced by the variability in user experiences and reviews.

## Summary

In summary, Neotrades company is a newly established forex brokerage that operates under the regulatory oversight of the FSC of Mauritius and CySEC. While it offers a range of trading services and has made significant technological investments, its reputation in the market is varied, with both positive and negative reviews from users. The company’s operational integrity and market presence will likely evolve as it continues to develop its services and customer relations in the competitive forex landscape.

Account Types

# Neotrades Account Types

Neotrades offers a variety of account types to cater to different trading needs. Below are the available account types:

| Account Type | Minimum Deposit | Spreads/Commission Model | Leverage Limits | Trading Instruments | Base Currencies Supported | Execution Model | Unique Features |
|-------------------|-----------------|--------------------------|------------------|------------------------------|-------------------------------------------|-----------------|---------------------------------------|
| Standard | $1,000 | Variable spreads | Up to 1:400 | Forex, CFDs, Commodities | USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR | Market Maker | Access to MT5 platform, demo account available |
| Skilled | $5,000 | Variable spreads | Up to 1:400 | Forex, CFDs, Commodities | USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR | Market Maker | Enhanced support and market analysis |
| Expert | $25,000 | Variable spreads | Up to 1:400 | Forex, CFDs, Commodities | USD, AED, EUR, GBP, SAR, QAR, BRL, COP, INR, VND, ZAR | Market Maker | Dedicated account representative |

# Neotrades Broker Account Opening Process

To open an account with Neotrades, follow these steps:

1. **Visit the Registration Page**: Go to the Neotrades website and navigate to the account registration section.
2. **Fill in Personal Details**: Provide necessary personal information, including your name, email address, and phone number.
3. **Select Account Type**: Choose the type of account you wish to open (Standard, Skilled, or Expert).
4. **Complete KYC Verification**: Upload required documents for identity verification, such as a government-issued ID and proof of address.
5. **Fund Your Account**: Make your initial deposit using available funding methods.
6. **Account Approval**: Wait for the approval of your account, which typically occurs within a short timeframe.
7. **Start Trading**: Once approved, you can access the trading platform and begin trading.

Optional: If interested in a demo account, you may have the option to select this during the registration process.

Deposit & Withdrawal

# Neotrades Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Neotrades Minimum Deposit Requirements

### Neotrades Minimum Deposit Explained

The minimum deposit required to start trading with Neotrades is **$50**. This amount is relatively low compared to many other brokers, making it accessible for new traders looking to enter the forex market.

### Account-Type Comparison

Neotrades offers several account types, each with its own features. Here’s a brief comparison:

- **Standard Account**: Minimum deposit of $50, access to basic trading features.
- **Gold Account**: Minimum deposit of $500, additional features such as improved spreads and personalized support.
- **Platinum Account**: Minimum deposit of $5,000, premium services including advanced trading tools and dedicated account managers.

### Regional Differences

The minimum deposit requirement remains consistent across different regions, although local regulations may affect the available payment methods.

### Advantages

1. **Low Barrier to Entry**: The $50 minimum deposit allows beginners to start trading without significant financial commitment.
2. **Multiple Account Types**: Traders can choose an account that fits their trading style and capital.
3. **Diverse Trading Options**: Access to various asset classes beyond forex, including commodities and indices.
4. **User-Friendly Platform**: The trading interface is designed for both beginners and experienced traders.

### Disadvantages

1. **Limited Features on Basic Account**: The standard account may lack advanced features that seasoned traders require.
2. **Higher Minimums for Better Services**: Upgrading to higher-tier accounts requires a significant deposit.
3. **Potential Regional Restrictions**: Certain payment methods may not be available in all regions.
4. **Lack of Advanced Educational Resources**: Beginners may find the educational offerings insufficient compared to other brokers.

### Competitor Comparison

Compared to other brokers like Plus500 and eToro, Neotrades' minimum deposit is competitive. For instance, Plus500 requires a minimum deposit of **$100**, while eToro also requires **$200**. Neotrades stands out with its lower entry requirement, making it appealing for new traders.

## Neotrades Deposit Methods

### Neotrades Deposit Methods Comprehensive Guide

Neotrades supports a variety of deposit methods to cater to different trader preferences. Below is a detailed overview of each method:

1. **Bank Transfer**
- **Processing Time**: 1-3 business days.
- **Fees**: Generally free, but local bank charges may apply.
- **Availability**: Widely available.
- **Limits**: Minimum $50, maximum varies by bank.
- **Pros**: Secure and reliable.
- **Cons**: Slower processing times compared to other methods.

2. **Credit/Debit Cards**
- **Processing Time**: Instant.
- **Fees**: Usually free.
- **Availability**: Visa and MasterCard accepted.
- **Limits**: Minimum $50, maximum $5,000 per transaction.
- **Pros**: Fast and convenient.
- **Cons**: Some banks may block transactions related to forex trading.

3. **E-Wallets (e.g., Skrill, Neteller)**
- **Processing Time**: Instant.
- **Fees**: Varies by provider; typically low.
- **Availability**: Widely accepted.
- **Limits**: Minimum $50, maximum varies by wallet.
- **Pros**: Quick and easy to use.
- **Cons**: Not all e-wallets may be available in every region.

4. **Cryptocurrency**
- **Processing Time**: Instant.
- **Fees**: Depends on the network; typically low.
- **Availability**: Bitcoin, Ethereum, and others accepted.
- **Limits**: Minimum $50, maximum varies.
- **Pros**: Anonymity and lower fees.
- **Cons**: Price volatility of cryptocurrencies can affect deposit amounts.

5. **Local Payment Options**
- **Processing Time**: Varies.
- **Fees**: Typically low.
- **Availability**: Depends on the region.
- **Limits**: Minimum $50, maximum varies.
- **Pros**: Convenient for local traders.
- **Cons**: Limited availability depending on the country.

### Supported Currencies and Recommended Methods

Neotrades supports various currencies for deposits including USD, EUR, and GBP. For the fastest and most cost-effective deposits, using credit/debit cards or e-wallets is recommended due to their instant processing times.

## Neotrades Deposit Process

### Neotrades Deposit Steps Explained

Here’s a step-by-step guide on how to deposit funds into your Neotrades account:

1. **Log in to Your Account**: Access your Neotrades account using your credentials.
2. **Navigate to the Deposit Section**: Click on the 'Deposit' option in the menu.
3. **Select Your Preferred Deposit Method**: Choose from the available methods (bank transfer, card, e-wallet, etc.).
4. **Enter Deposit Amount**: Input the amount you wish to deposit, ensuring it meets the minimum requirement.
5. **Complete the Transaction**: Follow the prompts to complete the transaction. You may need to verify your identity based on the method chosen.

### Mobile vs Web Differences

The deposit process is similar on both mobile and web platforms. However, mobile users may find the interface more streamlined for quick transactions.

### KYC Notes and Common Issues with Solutions

Neotrades implements KYC (Know Your Customer) policies. You may need to provide identification and proof of address, which can delay your first deposit. Common issues include:

- **Transaction Rejections**: Ensure that the deposit method is accepted and that you meet the minimum requirements.
- **Verification Delays**: If your deposit is not processed, check that all KYC documents are submitted correctly.

### Typical Fund Crediting Times

Funds deposited via credit/debit cards and e-wallets are credited instantly, while bank transfers may take 1-3 business days. Cryptocurrency deposits are also typically instant.

## Neotrades Withdrawal Methods

### Neotrades Withdrawal Methods Overview

Neotrades offers several withdrawal methods, each with specific processing times, fees, and limits:

1. **Bank Transfer**
- **Processing Time**: 1-3 business days.
- **Fees**: Usually free, local bank charges may apply.
- **Limits**: Minimum $50, maximum varies.
- **Pros**: Secure and reliable.
- **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
- **Processing Time**: 1-5 business days.
- **Fees**: Typically free.
- **Limits**: Minimum $50, maximum $5,000 per transaction.
- **Pros**: Convenient for those who deposited using cards.
- **Cons**: Not all banks allow withdrawals to cards.

3. **E-Wallets (e.g., Skrill, Neteller)**
- **Processing Time**: Instant to 1 business day.
- **Fees**: Varies by provider; typically low.
- **Limits**: Minimum $50, maximum varies by wallet.
- **Pros**: Fast and easy.
- **Cons**: Limited availability depending on the region.

4. **Cryptocurrency**
- **Processing Time**: Instant.
- **Fees**: Depends on the network.
- **Limits**: Minimum $50, maximum varies.
- **Pros**: Anonymity and lower fees.
- **Cons**: Price volatility can affect withdrawal amounts.

### Recommended Options by Cost and Speed

For the quickest and most cost-effective withdrawals, using e-wallets or cryptocurrencies is recommended due to their instant processing times and minimal fees.

## Neotrades Withdrawal Process

### Neotrades Withdrawal Steps Explained

To withdraw funds from your Neotrades account, follow these steps:

1. **Log in to Your Account**: Access your Neotrades account.
2. **Go to the Withdrawal Section**: Click on the 'Withdraw' option in the menu.
3. **Select Your Withdrawal Method**: Choose your preferred withdrawal method (bank transfer, card, e-wallet, etc.).
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw, ensuring it meets the minimum requirement.
5. **Submit Your Request**: Follow the prompts to complete the withdrawal request.

### ID Verification Requirements

Before processing your first withdrawal, Neotrades may require you to complete identity verification. Ensure all documents are submitted accurately to avoid delays.

### Expected Fund Arrival Time

- **Bank Transfers**: 1-3 business days.
- **Credit/Debit Cards**: 1-5 business days.
- **E-Wallets**: Instant to 1 business day.
- **Cryptocurrency**: Instant.

### Typical Delay Reasons and Fixes

Common reasons for withdrawal delays include:

- **Incomplete KYC Verification**: Ensure all required documents are submitted.
- **Bank Processing Times**: Bank transfers may take longer due to intermediary banks.
- **Technical Issues**: Contact customer support for assistance if you experience technical problems.

## FAQs – Neotrades Deposits & Withdrawals

### What is the minimum deposit for Neotrades?

The minimum deposit for Neotrades is **$50**.

### How long do withdrawals take?

Withdrawal times vary by method:
- Bank Transfers: 1-3 business days
- Credit/Debit Cards: 1-5 business days
- E-Wallets: Instant to 1 business day
- Cryptocurrency: Instant

### Are there fees for deposits or withdrawals?

Deposits are generally free, but local bank fees may apply. Withdrawals may also be free depending on the method used.

### Can the same method be used for both?

Yes, you can use the same method for deposits and withdrawals, provided it is supported.

### Are crypto or local methods supported?

Yes, Neotrades supports cryptocurrency deposits and withdrawals, as well as local payment options depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Neotrades

Neotrades

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