✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

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

🌐 Websiteneotrade.pro
🏠 Company*Donnybrook Consulting Ltd
RegulatoryNot regulated
📧 Emaildoes not have
📈 Leadingctrader platform
📌 DirectionDominican 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

+34910039618

🚫 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.

Updates

News about NeoTrade:

Date Update – 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

[democracy id = ”1078 ″]

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.

FAQs

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.

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.

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

  1. Monica Reply

    I invested with Neo Trade Fx, it is a scam, initially they tell you that you only need 250usd, they are supposed to advise you and when you start to earn something they try to convince you to invest more.
    Even in the first profits when they wanted to convince me to invest more when they saw me in doubt, they returned what I invested so that according to them I would realize how easy it was to get money, I foolishly returned it to them to invest again.
    At the moment I told them that I was only going to work with the money initially invested, surprise the three movements I had made made me lose everything, however when reviewing the behavior graphs at that time it turns out that the currency in which I invested had profits .

    So in a few moments I lost everything I had supposedly earned including my final investment.

    Be careful

    • Recommended-brokers.com Reply

      Hi Monica, thanks for commenting on Neotradefx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. Hugo Eriberto Ortiz Lara Reply

    If my capital can be recovered???

    • Recommended-brokers.com Reply

      Hello Hugo, if possible, thank you for commenting on Neotradefx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. Victor Reply

    Hello, can someone tell me if neotradefx is real before I screw up, please, please, I hope it's someone who can help me.

    • Recommended-brokers.com Reply

      Hello Victor, thanks for commenting on Neotradefx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  4. Nea Reply

    To Mr. James, exactly the same thing happened to me as what you say.

    these neotrade rats won't stop scamming

    Who knows the addresses of the offices, let me know!! We have to stop these thieves, they stole more than USD 6,000 from me

  5. JAMES EDUARDO Reply

    I ASKED FOR INFORMATION BECAUSE THEY ARE NOW USING FALSE INFORMATION WITH NEWS SUPPOSEDLY IN MILENIO NOTICIAS, WITH THE INVESTMENT OF ACTOR ADRIAN URIBE AND ACCORDING TO BILL GATES. THEY ASSOCIATE IT WITH BITCOIN CHAMPION,

    I ONLY TALKED TO ASK FOR INFORMATION, BUT IN A QUESTION THAT I ASKED THEM TO CHECK IF IT WAS A FRAUD OR NOT, I WAS ABLE TO FIND OUT THAT IT WAS A FRAUD BY NOT GIVING ME THE ANSWER TO THE QUESTION AND CHANGING IT FOR SOMETHING ELSE.

    BE CAREFUL, IF WE WANT MONEY WE HAVE TO WORK, THERE IS NO OTHER WAY

    • Recommended-brokers.com Reply

      Hi JAMES, thanks for commenting on NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  6. Gustavo Ramirez Reply

    They are thieves and liars, they are going to rob you, and after robbing you they are going to try to steal more from you, be careful not to pay attention to them, delete your contacts, block them.

    • Recommended-brokers.com Reply

      Hello Gustavo, thank you for commenting on NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  7. Salvatore ceglia Reply

    Ciao sono Salvatore ed ho investito 5250 euro su neotrade ma en la momento de rechiiedere 2000 euro per capire se fueziona davvero, seen that my balance è arrivato in 2 months a 37.666 euro, but happy ma a la momento de ritirare questo 2000 euro per vedere se It was true or false, I have just bought 10000 euros from your CoinBase because I have the BLOCKCHIAIN riches, what is BLOCKCHIAIN? That I was sold and that I have sold another non-chiedevo di ritirare i 2000 euro, also I am doing this so I started to nourish troppi dubbi…
    How is it necessary to learn at least my piccolo capital and verses? Siamo disperati, in this period it was not only 5250 euro but it was some piccoli risparmi
    Aiutatemi per favo

    • Recommended-brokers.com Reply

      Hi Salvatore, thanks for commenting on NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  8. robinson tapia Reply

    Hello, good afternoon, I entered neo trade world, I see that I have 50.000USD, I am in the process of withdrawing part of the capital, but I am finding that they tell me that I must pay the tax to the stock market, but I have no idea why. stock Exchange..

    • Recommended-brokers.com Reply

      Hi Robinson, thanks for commenting on NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  9. Saints Reply

    neotrade truffa

    Hello,

    ho versato 250,00 nella piattaforma neotrade, tramite uno spot su you tube,
    dopo aver inoltrato tutti i documents richiesti ho ricevuto diverse chiamate da una fantomatica sig.ra inglese che mi faceva notare i guadagni ottenuti dopo l'investmento.

    Trascorsi circa 3 gg invites me to have a somma maggiore (3000,00 euro or più) but to mine rifiuto if arrabbia inveendo contro di me telling me that he is a “cane meschino”.

    I feel this next day and I invite you to indicate the procedure for the recovery of your money, but I invite you to aprire an'altro conto con coinbase and versare all'interno 3000,00 euro to recover 250,00……

    What can I do to recover the somma investita? Fermo subtracting that the investment is really fruitful? thank you

    • Recommended Brokers Reply

      Hello Santi, thank you for commenting on NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  10. Damian Reply

    These people just took everything I had saved from me, please, it's urgent, I need to get it back.

    • Recommended Brokers Reply

      Hi Damian, thanks for sharing your experience with NeoTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, not even the initial money, nor if you send them later you will not see it anymore, try to complain through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

      • Luis

        I just invested and I need help getting it back.

      • Eliz Roes

        I'm from Peru and today I just talked to two people from. “Neo trader investments”. And since I previously had a very bad experience with “Orotrader” where they made me deposit the same 250 dollars, they told me about a bonus for depositing that never arrived, you know. They sweeten with their words, when you listen to them it seems like they are in offices, they know a lot about the market, they talk to you about oil, gold, copper, silver, Amazon, cryptocurrencies, stock market, raw materials, currencies and more... They are experts on the subject by the way. They look like Spanish speaking. At first you earn small percentages, but you cannot withdraw them. Many days passed and my. Money didn't grow as I expected and when it stopped I complained. They said I had to put in more money, for insurance against hackers, to open another portfolio where I could earn more... and how. I didn't want to, because first I wanted to see my results from my investment, I wanted to retire with the little capital I had. It was left, but they told me that I had to have at least $500 in capital to retire with my $250, which was impossible because I didn't see profits. They stopped contacting me or changed my advisor every so often. It got to the point of my capital disappearing and they simply didn't respond. The platform disappeared. Now I totally distrust this, when talking to these people from “Inversiones Neotrade” and telling them about my previous experience, they said that their company was different because they work in an “automatic system” and not manual as happened. Previously, they tell you that when you activate the platform they will give you a personal account where you will make the deposit, but that only you will manage that account, it works like a prepaid card. Where you will “recharge” those 250 dollars, and from that recharge you will begin to multiply your money and when you withdraw it you can do so at any time with the amount you want, but recommending leaving those 250 dollars of capital so that it “continues working” from 6 to 12 months and I can withdraw the rest, 97% for me and 3% for them, without commission, without insurance payments and more.. So that you can hurry up to activate your broker account, they tell you that if you take advantage of this end of the month there will be more profits, (there are some every 3 months). And since everything seemed very suspicious to me, I wanted him to. He spoke to find out how far they can go by lying, I told him that I didn't have a complete one to start, and that he should wait until tomorrow to "complete" so that I could take advantage of researching this platform and it's good that I was able to find this page that has helped me dissipate doubts and corroborate the type of SCAM with which these subjects operate. Be very careful, find out before... because these people hook you with an illustrative video that the business appears to be so easy and miraculous, but when they call you they explain something totally different and subtly rush you to deposit, they confuse you with their words and terms and like one who is often desperate without knowing does not understand everything and is left alone. Get excited about what they promise without seeing the details. Falls off.

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