✔️ Information reviewed and updated in April 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. Evelin Reply

    ????????????

    I just got scammed. Ana, Kelly and Sebastian. They offer a secure platform with expert people who will help you resolve your financial difficulties safely. I made my transfer two days ago and yesterday they didn't call me anymore 😟😭

    • Recommended-brokers.com Reply

      Hello Evelin, they are liars, thank you for your comment about Neotradefx. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      You can read a review and comments about them here: neotradefx

      If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

      Greetings.

  2. Ruben Andres Francisco Caceres Reply

    I inform you that the NEOTRADEFX program IS A SCAM SYSTEM, not to mention an extortion and deceptive way of making money for personal purposes. Led by the billionaire Elon Musk who with all his managers work in a way aligned with the purpose of offering humanity and Latin America a better opportunity to change our lives whether through the BITCOIN system OR Buying raw materials (grains or oil) and among other actions that claim to be an opportunity to generate profits from your home...the truth is that I have been scammed for thinking that it was a transparent system in which people work generously equally...But hey, it's already done...what I do is "for Whoever reads it, be careful and believe what I'm saying, more or less close to 10 thousand soles and invested without having even received my own money... these people are used to abusing humble people with parameters of; Do this and don't do this... in the end they mutiny and stop you by scamming you and saying that you have lost everything... please don't be fooled...

    • Recommended-brokers.com Reply

      Hello Rubén Andrés, thank you for your comment about Neotradefx. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      You can read a review and comments about them here: neotradefx

      If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

      Greetings.

  3. Giuli-ayala Reply

    THANK YOU!! I had my doubts at first, of course, when they scam you, you are a little misplaced or distrustful, but mychargeback are very professional, they give you a good service

    • Recommended-brokers.com Reply

      Hello Giuli, FANTASTIC!!!, how happy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you are looking for our recommendations click HERE

      Greetings and good luck.

  4. Mariana Reply

    Does anyone know how to close an account in neotradefx?, knowing beforehand that you can lose your money.
    Or do you know if ceasing to operate the account generates any charges? Since it is a fraud, I think they will be annoying, but you can rest assured that everything will only be in annoying calls?

    • Recommended-brokers.com Reply

      Hello Mariana, they are scammers, forget about the account, they are not going to close it because you are just another option to get money from someone, they will always try to ask you for more money with any excuse and they will not return it to you, do not listen to them, no They do more than lie and manipulate people.

      Greetings.

    • Jorge Barrera N Reply

      Neotradefx, they are SCAMMERS, they stole from me
      us 1000 dollars and there is a guy named Iván Fernández who is scammed and the answer that another guy named Juan Pablo gave me is that this guy Iván Fernández was a drug addict and that kind of people have this company that are scammers and it is NEOTRADEFX and they have scammed several people .

  5. Maria Rodriguez Reply

    They scammed me out of 4000 thousand dollars and they let me know that I had earned 2500000 pesos in Mexican pesos and that at the end of the month I could withdraw it, but that I had to pay 10% taxes and I told them no and they got upset and To date they no longer mark me.
    The names they speak to you are Bryan, Luciano, Sebastian Leonardo and two women. Be careful, it's a scam and I would like to get my money back and I don't know what to do.

    • Recommended-brokers.com Reply

      Hello Maria, thank you for your comment about Neotrade. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

      Greetings.

  6. lks_18 Reply

    And to delete the account, what procedures are done? They have called me several times and I told them that I am not going to invest and they do not stop calling.

    • Recommended-brokers.com Reply

      Hello lks_18, they do not delete it, your contact information is always saved to continue calling you from this broker or another that they create every 6 months or every year.

      Greetings.

      • Ruben Andres Francisco Caceres

        I want you to know that Neotradefx 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 don't even think about making deposits... I trusted them and deposited the 10 thousand soles with the purpose of generating profits but as the majority say, they move everything themselves... and they give a justification that is no longer a creditor because On the contrary, these scoundrels make fun of you... I hope that there is a sentence for these or that someone investigates them... I hope that you believe me and what I tell you is the truth... if anyone knows how to make a formal complaint, please help me by my email is: [email protected]
        I will be very grateful.

      • Recommended-brokers.com

        Hello Rubén Andrés, thank you for your comment about Neotradefx. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

        You can read a review and comments about them here: neotradefx

        If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

        All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

        To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

        Greetings.

      • Evelin

        ????????????

        I just got scammed. Ana, Kelly and Sebastian. They offer a secure platform with expert people who will help you resolve your financial difficulties safely. I made my transfer two days ago and yesterday they didn't call me anymore 😟😭

      • Recommended-brokers.com

        Hello Evelin, thank you for your comment about Neotradefx. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

        You can read a review and comments about them here: neotradefx

        If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

        All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

        To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

        Greetings.

    • yina Reply

      The same thing has been happening to me, they call me at all hours of the day and I'm already fed up, I've blocked all the numbers but they keep calling from others. Fortunately, before investing, I asked a friend and he told me it was Fake.

  7. Humberto Reply

    Hello, can someone tell me if Neotraderfx is good and safe to invest in and I also want to know if it is a regulated broker, thank you.

    • Recommended-brokers.com Reply

      Hello Humberto, 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.

    • GHISO Reply

      IT IS NOT RECOMMENDED. HE IS A SCAM BROKER, I WAS SCAMMED OF 2000 THOUSAND DOLLARS AND FRIENDS WHO INVESTED ALSO SCAMMED THEM, IF YOU INVEST WITH THEM YOU WILL NOT SEE YOUR MONEY AGAIN, THEY ARE CRIMINAL SCAMMERS.

      • Jorge Barrera N

        Neotradefx, they are SCAMMERS, they stole from me
        us 1000 dollars and there is a guy named Iván Fernández who is scammed and the answer that another guy named Juan Pablo gave me is that this guy Iván Fernández was a drug addict and that kind of people have this company that are scammers and it is NEOTRADEFX and they have scammed several people .

  8. Miki Reply

    Why don't they publish what I wrote or is it another scam?

    • Recommended-brokers.com Reply

      Hello Miki, comments are always reviewed before being published, we do not want brokers or certain people to try to deceive our users, sorry for the delay, we are on your side.

      Greetings.

  9. Miki Reply

    Good afternoon, I am Peruvian and I have been scammed by these guys. I saw an ad on Facebook in the advertising video to invest in the purchase of Bitcoin cryptocurrencies and I entered and a form came out to fill out some information in which they ask for your phone number and your name shortly after. My name is a guy named Leonardo Palomino • [email protected] Which asks you if it is your first time or if you have already done it with that information, sweetens you and hooks you with a half-explanation and tells you that you could earn between 20 to 30 percent on each move you make but from what read about cryptocurrencies it does not mention anything and it asks you what you think and according to your answer it tells you if you have a bank account or card and if you have your mobile banking if it answers yes it tells you that you can start the process at this moment it tells you that it suits you Go to the corresponding area and you will be cut off and a woman named Kelly Salazar will instantly call you • [email protected] She told you what was communicated by this neotradefxy company that her partner just told her that you are going to do the puppy and she gives you your information to corroborate them and you give the steps to deposit your deposit and they tell you that a buckler will call you and the person who hooked you up to follow the game calls you, makes you enter their platform which is a copy of the stock market and they send you screenshots to your email and tells you to buy, sell and makes you earn 30 or 50 dollars and you He says, but it's not always going to be like this. You're also going to have negative days, but when you make negative movements, we hope the market recovers. That's right, everything you know has to go up and everything that goes up has to go down after a few days, he tells you, look. I was thinking of telling you about a business for this weekend but I better tell you now there is a business that weekend but I want to know how much interest you have and wherever you want you go and it asks you questions about profits and sweetens you with percentages to reach The good thing is, he tells you, but for this you need from one thousand to ten thousand dollars. How much do you have now? Tule, you say, I have so much and he tells you, according to what you can invest, the profits are and you say, now, boldly, he tells you, I'll pass you on to the manager and he calls you at Instantly, the same woman from the beginning calls and she does the same procedure on you and you were already a dead man but something occurred to me, I told her that I was at work and that I would be home and when I got home I told her that my mother-in-law was at home. my house and what I had told her about this business and she had 40 thousand dollars to invest but I wanted to see how the withdrawals are made and how much they discount to make the deposit and I withdrew part of the money for testing and thinking that I am going to deposit everything I returned most of what I had deposited but they no longer communicate with me and on their page I am expired, so they removed me but I will recover part of my money I hope
    It helps them to find out first before giving their money to these scoundrels and report it to the police so that they can put these scammers in jail.

    • Recommended-brokers.com Reply

      Hi Miki, 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.

      • Hilda

        They are scam thieves and they ask you for money in many ways and you just don't give them and they cancel everything and they even get upset and serve you Camilo and Camila and Carlos and m ari countless thieves who are involved speaking with different accents but in the end the story is that They steal from you and they are a rat hole🤬🤬😡😠

      • Recommended-brokers.com

        Hello Hilda, thank you for your comment about Neotrade. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

        If when you request a withdrawal they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker, even if you pay, they will never return your money.

        All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

        To get your money back, talk to our chat or click on this link: CLAIM YOUR MONEY

        Greetings.

    • Graciela Ramirez Reply

      Hello Miki, how are you? I would like to ask you how you recovered your investment, it just happened to me like you, but when making a withdrawal, I don't know if you have to provide more information than what they ask for, and how long it takes to refund it. Your answer will help me a lot.

  10. Vincenzo Baron Reply

    CONSOB has made a complaint and warns about this broker, I will try to continue claiming the money they owe me

    • Recommended-brokers.com Reply

      Hello Vicenzo Barone, thanks for commenting on NeoTrade. This broker is a SCAM. CONSOB (Italy's Financial Regulator) has already warned about them, for lying and not being regulated (See CONSOB link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on 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.

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