NetoTrade Review
NetoTrade is a leading global investment company established in 2010, the company is swiftly becoming a favourite amongst Forex newcomers and veteran traders, who are seeking the personalized attention of a boutique broker, and for whom the company’s ground-breaking trading academy and excellent trading terms provide a secure and profitable environment for financial investments.
With over 140 tradable assets – including currency pairs, indices, and commodity & share CFDs – investors can make up to 85% returns on their investments using a variety of trading platforms, with up-to-date SMS signals and a wealth of market news and analysis.
NetoTrade’s multilingual support staff includes personal account managers, experienced brokers and expert economists – all who are easily accessible through phone, fax, email or online chat. And to help establish a firm base of well-versed and widely informed investors, the company continues to invest vast resources in education and investment information.
Whether you are new to the Forex environment or whether you are seeking an alternative venue for your trading activities, NetoTrade is the boutique investment house of choice.
Typical Spread on Majors
| EUR/USD | 2.2 |
| GBP/USD | 4.2 |
| USD/JPY | 2.2 |
- Company Info
| Headquarters | Belize City, Belize |
| Type of Broker | STP & STP/ECN |
| Founded | 2010 |
| Regulated By | Regulated By Not Regulated |
| Offices In | Belize |
| Supported Languages | Arabic, English, French, Italian, Portugues, Russian |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | USD, EUR |
| Minimum Deposit | $500 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $1.8/Lot |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, CashU |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Android, MetaTrader 4 iOS, Webtrader |
| NO of Pairs | 109 |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 30 Days |
| VPS Offered | No |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 400:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution (Mini, Gold and Platinum Accounts), Market Execution (ECN Account) |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Negative Balance Protection | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
NetoTrade Reviews
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Is my money safe in investing in Netotrade not? Netotrade have been defined and legally registered with the FCA not sir? Please help me! Thank you!
Although I have not personally traded with Netotrade so do not speak from personal experience, a quick search on Google showed some pretty worrying findings! Firstly, as pointed out above in the Company Details section, Netotrade is not regulated - so they are definitely not registered with or regulated by the FCA. In fact there is actually a warning on the FCA website about Netotrade which I found, just do a google search for "netotrade fca" it is near the top of the search results. I also found a significant amount of negative reviews and a scam warning on ForexPeaceArmy website. So given the above, personally I would not be trading with Netotrade.
