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neotrades

High riskForex / CFD broker
🇲🇺 Mauritius · 2-5 years · since 2022-06-14 · Neotrades Capital Ltd.
CYSEC
Visit site ↗
2.7/5
★★★★★ ★★★★★
114 reviews ›
1
Licenses ›
18
Withdrawal issues ›
$25
Min. deposit ›
1:400
Max leverage ›
3
Account types ›
53/100
Scam risk ›
0
Clone sites ›
Accounts: Expert · $25.000Advanced · $5000Standard · $1000
▲ 49% positive▼ 20% negative
Independent ratingshow third parties score this broker
WikiFX1.46/10
Trustpilot2.7/5
Forex Peace Army—/5
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neotrades operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
53
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Mauritius (offshore, light oversight)
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~16% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNeotrades Capital Ltd.
Headquarters🇲🇺 Mauritius
Founded2022-06-14
Years operating2-5 years
Employees0
Official websiteneotrades.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
1ST Floor River Court, 6th St Denis Street P.O Box 1079, Port Louis 11328, Mauritius

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making (MM)204/13Cyprus—

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Expert1:400$25.000----✓
Advanced1:400$5000----✓
Standard1:400$1000----✓
Full reviewIn-depth editorial analysis Scam or safe?Risk score & red flags AccountsTypes · min deposit · how to open Deposit & withdrawalMethods · payout reliability

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.97)

The real-review picture for Neotrades is sharply divided. While a significant number of users report positive experiences with the platform, copy trading, and fast execution, an equally vocal group describes serious issues: blocked withdrawals, hidden fees, aggressive sales tactics, and outright accusations of being a scam. Withdrawal complaints dominate the negative feedback, with specific allegations of profits being confiscated under vague 'trading abuse' policies and demands for extra fees to release funds. Trustpilot's 2.9 rating, combined with no FPA score, underscores the risk.

Best for
  • Experienced MT5 users
  • Traders who prioritize copy trading features
Not for
  • Withdrawals-sensitive traders
  • Retail investors with small capital
Period:
What users complain about
What users praise
Where reviewers are from
CO15
MX14
🇦🇪 AE14
AR13
CL9
QA8
Positive vs negative · last 12 months Pos Neg
Jul
Aug
Sep
Oct
Nov
Jan
Feb
May
Jun
Jul
Aug
Jul

Real user reviews

Where neotrades operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇺🇸 United States
🇨🇾 Cyprus Licensed
🇦🇪 United Arab Emirates 2 complaints
🇻🇳 Vietnam 3 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What neotrades says about itself as stated by the broker · not independently verified by FXCanary

Company Background

The broker states that Neotrades is a trading platform established in 2010 and registered in Mauritius under Neotrades Capital Ltd. It claims to provide access to a broad range of market instruments including forex, stocks, commodities, ETFs, bonds, and indices.

Trading Platforms

According to the company, Neotrades operates on the MetaTrader 5 (MT5) platform, supporting practice trading through a demo account and offering high leverage of up to 1:400.

Account Types

The broker advertises three trading accounts: Standard (minimum deposit $1,000), Advanced (minimum deposit $5,000), and Expert (minimum deposit $25,000). It claims spreads start at 0.1 pips, though variable spreads are not specified for each account tier.

Services & Features

The broker states it offers copy trading as a key feature, with no extra fees for copying deals. It also highlights PAMM accounts and a variety of strategies for investors to choose from.

About neotrades

Overview

Neotrades is a trading platform established in 2010 and registered in Mauritius under Neotrades Capital Ltd. The broker provides access to a broad range of market instruments, including forex, stocks, commodities, ETFs, bonds, and indices. It operates on the MetaTrader 5 (MT5) platform and offers high leverage of up to 1:400, with spreads starting at 0.1 pips.

Regulation

Neotrades holds a license from the Cyprus Securities and Exchange Commission (CYSEC) with license number 204/13, authorized for Market Making (MM) activities. However, the broker is registered in Mauritius, and its regulatory status in other jurisdictions may vary. Traders are advised to verify the license scope and protections applicable to their region.

Account Types

Neotrades offers three live trading accounts: Standard, Advanced, and Expert. The Standard account requires a minimum deposit of $1,000 and provides a maximum leverage of 1:400. The Advanced account requires a $5,000 minimum, and the Expert account requires $25,000. All accounts include access to MT5 and the broker’s full range of instruments. A demo account is also available for practice.

Deposits and Withdrawals

The broker does not disclose specific deposit or withdrawal methods on its overview, but user reports indicate support for bank transfers and possibly online payment systems. Processing times vary, with some users reporting fast transactions after initial verification. The company does not charge deposit fees, but withdrawal conditions are outlined in its terms.

Trading Platforms and Tools

The MT5 platform is the primary trading interface, offering advanced charting, analytical tools, and automated trading capabilities. Neotrades also promotes its copy trading feature, allowing users to follow and replicate the strategies of experienced traders. No other platforms like cTrader are currently supported.

Who Is Neotrades For?

Neotrades positions itself as a broker for traders seeking a broad asset range and high leverage. Its account tiers cater to different capital levels, from intermediate to high-net-worth individuals. The copy trading service may appeal to those who prefer a passive approach or want to learn from others. However, the broker’s minimum deposits are relatively high for retail beginners.

Overview compiled by FXCanary from regulatory records and public data. full neotrades review