Neotrades Review
311
Review
Fast Facts
Account types
| Standard Account | Advanced Account | Expert Account | |
|---|---|---|---|
| Minimum Deposit | 1'000 USD | 5'000 USD | 25'000 USD |
| Maximum Leverage | 1:400 | ||
| Spread from (pips) | |||
| Commission per lot (USD) | |||
| Minimum Trade Size | |||
| Step | |||
| Execution Type | |||
| Trading Instruments | |||
| Margin Call | |||
| Stop out | |||
| Swap Free | |||
| Currency | ZAR, GBP, EUR, USD, AED, VND, COP, INR, SAR, QAR, BRL | ||
Deposits / Withdrawals
- Account Currencies: ZAR, GBP, EUR, USD, AED, VND, COP, INR, SAR, QAR, BRL
Contact Info and Support
1ST Floor River Court, 6th St Denis Street P.O Box 1079, Port Louis 11328, Mauritius
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 8138814 |
| Country Code | IN | |
| Country Rank | 669638 | |
| Category Rank | - | |
| Engagement metrics | Visits | 1634 |
| Bounce Rate | 0.3067 | |
| Pageviews per Visit | 2.47 | |
| Avg. Visit Duration | 67.45 | |
| Estimated monthly visits | March 2026 | 1266 |
| April 2026 | 1361 | |
| May 2026 | 1634 | |
| Top countries | India (IN) | 68.55% |
| United States (US) | 31.45% | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | neotrader | 540 ◦ $0.64 ◦ $0 |
| neodrafts | 470 ◦ $0 | |
| neo traders | 300 ◦ $0 | |
| neo trader | 70 ◦ $1.17 ◦ $0 |
About Neotrades
Neotrades Capital Ltd is incorporated in Mauritius with company registration number C185992 and holds a Financial Services Commission (FSC) licence number GB21200093 (). The broker’s website indicates operation on the MetaTrader 5 (MT5) platform across three account types—Standard (minimum deposit USD 1 000), Advanced (USD 5 000), and Expert (USD 25 000)—with maximum leverage up to 1 : 400. Available base currencies include ZAR, GBP, EUR, USD, AED, VND, COP, INR, SAR, QAR, and BRL; swap-free or Islamic account options are not offered ().
Regulation by the Mauritius FSC places Neotrades under a mid-tier supervisory regime with comparatively limited investor protections and no publicly disclosed compensation scheme or negative balance protection (). The Spanish regulator CNMV has issued a warning, citing Neotrades for operating without authorisation in Spain (). Additionally, claims of CySEC regulation under licence 204/13 relate instead to a different entity—NAGA Markets Europe Ltd—and are unverified for Neotrades ().
Pros and cons
Pros
- Licensed by the Financial Services Commission of Mauritius, licence GB21200093 ().
- Offers MetaTrader 5 platform and account tiers with high leverage (up to 1 : 400) and multiple base currencies ().
Cons
- Regulation limited to Mauritius FSC, without investor compensation or negative balance protection ().
- Warning issued by CNMV for unauthorised operation in Spain ().
- Misleading regulatory claims: CySEC licence attribution is inaccurate and pertains to another firm ().
