In this section we will tell you why You should NOT invest in NeoTrade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about NeoTrade and tell you why we came to such a conclusion:

Basic Information

🏠 Company*Donnybrook Consulting Ltd
RegulationNot regulated
📧 Emaildoes not have
📈 Platformctrader platform
📌 AddressDominican Republic

⚠️ NeoTrade is owned by Donnybrook Consulting Ltd, the company is located in the Dominican Republic, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we turn to analyze the account types that NeoTrade offers, in this case, we note that it does not offer account types.

Information on the web

NeoTrade website

NeoTrade provides some live charts, information about the services it offers, explanation of some important concepts, not really much more than that.

List of phone numbers


🚫 NeoTrade final valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH NeoTrade.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.


News about NeoTrade:

DateUpdate – news
February 2022Complaint against NeoTrade of Spanish financial regulator CONSOB
April 2022NeoTrade, together with AB SystemBid Broker StocksEnergy MarketsEuroFXOFXBOnyxProfit y OptiMarkets belong to the infamous Donnybrook Consulting Ltd, a company with a terrible reputation that has been accused of fraud, and has been denounced by various European financial regulators, beware

User Reviews

What do you think of NeoTrade? What has been your experience?

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with NeoTrade.

At the end of the review you will find customer comments.

How to Claim Money Scammed by NeoTrade

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report NeoTrade

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

Frequently Asked Questions

How can I report NeoTrade?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is NeoTrade a scam – is it scam?

Yes. We believe that NeoTrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is NeoTrade trustworthy?

No. NeoTrade is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from NeoTrade?

If you want to know how to recover your capital, you can see it here!. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to NeoTrade?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

LegacyFX Broker

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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

57 comments on «Is NeoTrade a scam? 2023 Reviews»

  1. Ruben Andres Francisco Caceres Reply

    I want you to know that Neotradefx ohh the Tesla group is the same, it is a mafia of scammers its members are:
    Larry Vergara
    Kelli Salazar
    katherine mendez
    Camilo Perez
    José Vázquez
    Camila U. (From the banking system, the one that gives the codes)
    and that the people who see this comment do not even think of making deposits... I trusted them to deposit the 10 thousand soles in order to generate profits but today I regret why all the work it cost me for what...?? For these criminals to come so easily to deceive one... the truth is, every time I think about it, it makes me angry... I would be able to break his face if it was on his forehead... people like that should go to hell... they do a lot of damage here ...that's how these people get big by stealing from those who need it most... THAT'S WHY I DEMAND THAT IF YOU READ THIS COMMENT, NOBODY FALLS INTO THEIR TRAP OF THESE SCOUNDS...I hope you understand the expression...but it really makes you angry, make sure you have trustworthy broker and better nothing, gentlemen…it is better to work on oneself to get ahead…do not look at easy things because everything comes from evil…just like there are people whose life is only stealing and stealing…who have no heart or perhaps no soul to make these types of lies... That such owner of Tesla that is the first criminal who claims to be a Lord or a billionaire... of course with people's money... crap of people... Truly unworthy 😡 what a fraud... now the criminals already they wear ties the worst thing is to see meti women do in all this….what world are we in…how things change…values ​​no longer exist…too bad

    • Reply

      Hello Rubén Andrés, we hope the collaboration of those who know the real address of this broker. Thank you for writing this comprehensive and detailed explanation of NeoTrade. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY


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