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Independent rating of Forex broker NetoTrade

0/10 (votes 100)

On-line since
2010
Country of origin
Saint Vincent and the Grenadines
Regulation
-
Payment options
wire transfer, bank cards (Visa/Mastercard), CashU
Minimum account size
$500
Minimum lot size
0.01 lot
Leverage
1:400
Spreads
fixed and floating from 0.3 pip
NetoTrade was founded seven years ago in the offshore zone of Saint Vincent and the Grenadines. This trading brand is owned and operated by NTGX Ltd.
The company’s clients can choose out of four account types: Mini, Gold, ECN, and Platinum. A demo account is not available.
The broker offers more than 100 trading instruments such as currencies, indices, oil, metals, and agricultural commodities. Clients can also trade American stocks on NASDAQ and NYSE, gold, and platinum on ECN accounts. The company charges $15 per lot for gold and $13 per lot for platinum accounts.
Trading is conducted on the MetaTrader 4 platform as well as on the broker's own NetoTrade platform that ensures high speed order execution and one-click trading and shows quotes in real time.
Advantages of NetoTrade:
– Spreads from 0.3 pip on the ECN accounts
– Leverage of up to 1:400
– No restrictions on hedging, scalping, or use of expert advisor
– Liquidity provided by more than 15 financial and bank institutions
– STP technology: Straight Through Processing (STP) eliminates the need for a dealing center
– 24/7 customer support available by phone and email
– Segregated accounts
The minimum amount for depositing or withdrawal of funds is $100. A request for withdrawal of funds is processed within 3 working days. After it is approved, funds are transferred to a client's bank account within 5-7 working days.

Comments

Author: FXReza Date: 2024-10-03 09:52:14 (UTC+3)
NetoTrade Has been established for quite a long time, They also provide many promos but I am very disappointed with the service they provide. They have quite slow service. When I needed information when I first deposited, they could not help me handle my problem. I am very disappointed with their response.
Author: Darha Date: 2022-04-20 01:11:04 (UTC+3)
Neto Trade is better because in this broker you have no bounding of down cope and take out you can invest low amount and also take out low. This is a international broker and they provide a good service for every forex trading clients. They offered $2500 as a minimum, with that minimum, I can make a profit of $1200 from my first trade.
Author: Ciara Date: 2021-12-23 01:18:36 (UTC+3)
Really my trading experience is positive, As I have found a stable MT4 platform, where my orders executed within a moment. At first, I was afraid forex was too risky for me. But Neto Trade guided me thats really helped me build confidence. They also have other great resources on their web site. I start following their analysis regularly and got some success. I am using their singles which are very portable specially USD/JPY and EUR/USD pair even they provide most of the singles free of cast. During this 3 moths is already withdraw $3000 from my profit last month and I was surprised that I got my money within 8 hours.
Author: Mugave Date: 2021-11-10 04:04:07 (UTC+3)
So far, my trading activities at NetoTrade are going well. I want to commend their customer support team for being dependable. Whenever I have questions, they always respond promptly. They are very professional and accommodating.
Author: Jasen Date: 2021-09-02 01:39:02 (UTC+3)
They have low spreads and relatively with large leverage. Platform is excellent too, it is user-friendly and offers a flexible position size. No problem with withdrawal at all. They have a speedy order execution so all of my trading transactions are smoothly processed. Really it is a great opportunity and their trade analysis helps me to make profitable trade in the market. I have earned $500 and withdrawal it via Wire Transfer so far.
Author: Justin Date: 2021-07-15 03:39:28 (UTC+3)
I opened an account at NetoTrade a few weeks ago. So far, my trading activities are going well. The spread is tight and the platform runs smoothly. I can also contact the customer support easily and they respond promptly.
Author: Dowlee Date: 2021-04-23 03:35:48 (UTC+3)
I have a standard account with a deposit of $500. They have various leverage: from 1:100 to 1:400 and untill now I have been earned almost 45% profit from my deposit amount. I always use the trader's calculator, so it is convenient for me. In the Platform, all of my orders executed on time and has not any problem yet. Beside they provided a strong signal, which helps me to make a decision for open a position in the rough market. They didn't create any financial problem yet, so my transaction is processed within 8 hours through Wire account
Author: Jiayi Date: 2021-03-25 06:26:34 (UTC+3)
For the past three moths, I have been actively trading with NetoTrade and my trading activities are executed smoothly. The fees are reasonable and the trading platform has useful tools like the drawing tool. Charts are also in-sync with the market.
Author: Kurimon Date: 2021-02-02 07:59:04 (UTC+3)
I can't trade with NetoTrade platform, as most of the time my order executed 20 to 50sec delay. As their spread isn't fixed and I can't close my pending orders in a live price quote. So I have lost $290 due to the high volatility in several times. Really I am fed-up with their MT4 platform and their worst trading server. Also, I have tried their mobile platform too, but the same problem occurred on the platform. so I think my invest could be lost with NetoTrade broker.
Author: Delson Date: 2020-12-29 01:12:49 (UTC+3)
I find Neto Trade is professional and easy to deal with, there are times when emails and replies might be a bit late but I don’t mind. Spreads are competitive and offers several ways to deposit and withdrawal and this broker is the one day time frame withdrawal, fast and reliable. Last week I withdraw my profit about $850 and they send it on my account in 7 hours via wire Transfer. However, I was really enjoyed their trading system and recommend this broker to all of my friend.

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