The advanced technology used in NEOTRADES has made it much easier for us, as traders, to obtain profit via the Internet, but why is the transfer delayed? This service should be given a lot of attention because it is one of the most important services. I make profits from it, but wait for updates.
Neotrades's PAMM account feture has been a game changer for my trading life. It offers a unique way to leverage proved track record and knowledge of profitable traders in order to increase potential returns. This feature combined with the brokers wide market access makes the broer stand out in the industry.
This platform seems to be targeted at experienced traders, and its concept is built around that. Maybe I am wrong about the second, but I am pretty sure about the first part 😀
The range of instruments is vast. The app they choose to offer is MT5, and a PAMM account option is available, along with other features that pro traders would like to see from a broker.
I know how difficult it can be for novice traders to get proper foundation in this ever changing trading world. To bring ease, guys, check Neotrades.
This broker offers two great features that might help new traders-Copytrading and PAMM account.
Copytrading is easy. Just select a trader based on track record and rsik rating, then enter a copy amount, and finally click copy. Emulate wisdom of experienced traders!
The second feature is PAMM account. I used it like this: I found a money manager whose track record was good and invested some money, and whenever the trader (manager) made a profit, I paid pre-agreed performance fees. The overall process was smooth and transparent.
I think these aspects of Neotrades will help those starting out.
Indeed, with Neotrade you don't need to have years of experience and advanced knowledge and skills to make profits while trading. They will help you in your journey to become a pro, and still make some decent profits while learning. How?:)
Aside from manual trading, for which you need a comprehensive understanding of trading, Neotrades offers you a feature that allows you to copy trades from successful traders on the platform. While doing this, you can practically learn how successful traders work and analyze their trades for your benefit.
They have made the right decision by offering only the MT5 as an option for a trading engine. The concept of Neotrades, to provide an advanced trading experience is possible only with this powerful and highly customisable trading app.
Using MT5 along with Neotrades is incredibly smooth and seamless.
The MetaTrader 5 is actually a decent trading engine. I thought of it as an old-timer and for reasons unknown I have always avoided trading on this app.
What made me give it a chance is actually the fact that I wanted to start trading with neotrades and the MT5 is the only trading terminal they offer. A friend of mine with whom we are exploring the markets together and sharing our experiences has recommended this broker. It provides great market insights and trading ideas, and you, as a client of theirs, have a dedicated account representative.
All these are features the pro traders are getting with significant trading account sizes, while at Neotrades you will get access to them with only a $1000 initial deposit requirement for the Standard account.
What I wanted to say is that the onboarding process went smoothly. MT5 is quite a simple trading platform to get comfortable with, even if you have not traded on it.
I am fond of trading more serious asset classes, like stocks, indices and others. So Neotrades is a perfect company for me since it provides a ton of this type of assets.
Much more than I have traded before.
I even have the opportunity to tarde ETFs and bonds. Despite the fact all those markets require deeper knowledge in fundamental analysis, it won't stop me.
My goal is to increase the awareness, raise my trading skills and use the PAMM account or copy trading.
I want to scale the profits through account management. Neotrades has everything to accomplish my long term goal.
Hopefully the broker will only get better over time.
My opinion about trading experience that I received here can be divided into several parts.
- First is the processes related to account management. I can't say that it's easy to open trading account if you don't have experience and enough money in your account. Although the process itself didn't seem difficult to me.
- Second is the experience of using platform. Here I got excellent selection of financial instruments that are secured by trading conditions. And Irealized all this on MT5. This platform familiar to me for a long time and I know how to use its potential.
- Third is the experience of executing orders and quotes. I traded stocks and ETFs. Quotes correspond to global markets, and execution is fast and clear.
It is one of the best brokers I have ever worked for trading. They provide many financial instruments for us. I can trade anywhere and anything. I especially like to participate in the IPO. It is really a great opportunity to feel like a major investor like in the movies about finance. I would like to highlight their financial services like PAMM-account and copy trading, these are really useful things for traders of any level of trading. They also provide a lot of free trading materials for us. I have learned a lot of new things about trading and I have improved my skills.
I appreciate simplicity, and I think it improves everything. Take architechure for instance, it gets better with less complexities. Most modern designs conform to this trend. And it is same thing with wibsites and apps, and games. Neotrades understands the need for simple, readable and understandable. It makes it easy to gather information from the website, navigate your personal area, and justperforming any function.
As for the trading conditions, I think they are very fair. The minimum deposit is not an issue for me, the spreads are tight, the leverage size is good, and the trading instruments are many. You see where I am going with this... There is simply nothing wrong with trading here. And to top it all off, there is the copy trading feature as well.
I have carefully studied the trading conditions at Neotrades and its overall reliability, and I can say that they have some serious advantages to trade with them, but also have some areas where they can improve even more.
If you are a beginner, maybe this wouldn't be the best fit for you. This broker is more suitable for advanced traders and for larger deposits.
For advanced traders, the conditions are almost perfect… MT5 platform, PMAM account type, and personal account manager are something that can make your trading hassle-free.
There's quite an interesting environment around there.
Having an experience of trading with different companies, this one leaves exceptionally positive emotions so far.
Neo Trader helped me and am sure it is a sanjeevani to our family. I would recommend this to every trader whether new or old must use Neo trader for life. Am sure I will be one of the sucessful trader by using neo trader and I wish many of you join me in the journey of sucess..
Neotrades has been really incredible so far, speaking as a trader with not a lot of experience. I am more of an intermediate trader and I can do my analysis on my own... most of the time.
From the very first moment I signed up, it has all been smooth sailing. The design of the website is simple and clean, allowing it to be easy to catch information. And talking about clarity, the website has most, or all of the information you need to start trading. Well, there is information about the trading instruments available.
I was very impressed by the platforms available and the range of assets for trading as well. The MT5 is just the best, and then there is also the trade copier and the PAMM as tools to assist with copy trading. Trading has never been this easy, honestly, and I am extremely grateful that I came across this broker. Neotrades is truly awesome.
Just jumped into Neotrades and wow, what a platform man. Everything is cool about it. Their leverage and spreads and the sheer variety of instruments blew me away.
Neotrades has taught me what a good broker should look like... on its example:)
The platform has positive traits even though it's not deprived of cons. Endorse them for development.
Neotrades are those guys that surround me with everything I need daily: robust platform, choice of different assets, and a good span of instruments for analysis.
I am not really impressed by my experience of trading with this broker. I wish it added more options for trading in terms of platforms and minimum deposit size is too big, too.
Neotrades provides access to six asset classes, including Forex, Shares, Commodities, Indices, Bonds, and ETFs, but no crypto though.
The leverage offered by Neotrades is also worth noting, maximum to 1:400. But only for forex. Other instrument have lower.
The minimum depositi required to open account is relatively high, the lowest is $1000 for Standard acc. Other option are kind of away of avareage retail trader with require of $5000 for Advanced and $25 000 for Expert. I think they should review their minimunim starting deposit requirment.
Answer: One of the advantages of a PAMM account here is actually no limitations on the withdrawal. What's even more is that you can take out, transfer or add money basically whenever you want.
Answer: I can say that trading can be difficult for beginners in principle. There are so many dangers that beginners don't know about yet. But after overcoming all challenges, beginner gets experience that allows him to make excellent profits from trading. So one of the dangers that I wrote about is the ratio of margin size, lot size and risks. Neotrades helps to overcome such a danger. Minimum deposit of this broker makes trading safe. Also for beginners, Neotrades has free analytics.
Answer: Well, thats easy. The live chat is simply the easiest way to get in touch. It is fast and very convenient as well.
Answer: Has some strong and some weaker points compared to other brokers. But overall, my impression has been pleasant, they provide a fairly good service!
Answer: X400? Why it shouldn't be enough? I would even say it's more than enough, just make quick calculations. Some brokers offer x1000 or even x2000, but do u guys really need that leverage? It means margin call and stop out within milliseconds, you dig that? So, for profitable trading it's even more than enough as I said. Deposit more money and don't abuse leverage much, it's not wise, man.
Answer: Sure, it does align with my strategy because it's about safe approach. I mean I don't rush when it's not necessary, for instance, when I see that the price is about to break th level out, I would better check everything twice because... pullback is also possible. This is the reason why I don't abuse leverage much and x400 is more than enough for me to comply with both my strategy and risk management. In general, it's cool that Neotrades provides such a leverage. There are those who love risks.
Answer: You mean what? Their platform or app for mobile trading? Anyway I tried both trading on the desktop and using my smartphone, everything was fine. It's famous metatrader 5 and it's optimized to the degree that you experience no difficulties whatsoever. Idk how, but they managed to integrate all the instruments from desktop version to mobile, so analysis is as simple as if you trae using your laptop. So, yeah, I kinda get along with this platform.
Answer: Well, it is easy, but it is not exactly easy. Lol... ummm, you basically have to study the results of the traders you want to copy. Not just their results, but their trading styles, risk, trading frequency... quite a bit. Once you find someone you think is going to be the best fit, then you can allocate funds and copy. It's easy, but not exactly easy.
Answer: There are no significant difference among the accounts offered by the broker. I would say, for positional trading you can opt for any of them and you have to appeal to your personal financial capabilities, because sum of minimum deposit varies. It's cool that on Advanced and Expert accounts you have a chance to meet with the account representative and maybe you can get certain insights from him. In other cases, leverage is the same, platform is the same, number of assets is the same too...
Answer: If you want to invest in accounts of professional traders then you should meet all the requirements, for instance, they can set their own rules of trading strategies, paying out or the threshold of minimum deposit. I mean, everyone has different requirements.
Neotrades has a rating of 3.4 stars from 162 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Neotrades most frequently mention copy trading, minimum deposit and pamm account. Neotrades ranks 3rd among Brokerage sites.