In this section we will analyze the broker called NetoTrade, a Forex broker, which is part of NetoTrade Global Investments Ltd. The broker is based in the United Kingdom or Cyprus, it is not clear to us since it does not specify it on its website, which is negative for a broker, not specify the address of their offices. The broker, at least apparently, is not regulated, it was also impossible for us to find this type of information.
Now, we will go on to analyze the different types of NetoTrade account, in this case, the broker offers 4 different types of account: the Mini Account, the Gold Account, the ECN Account and the Platinum Account.
We will start then, to mention some of the features of the Mini Account: the minimum initial deposit is € 500, spreads from 3.3 pips, leverage up to 400: 1, customer support chat available, 25% learning bonus.
This is followed by the Gold Account: the minimum initial deposit must be at least $ 5.000, spreads from 2.2 pips, leverage up to 400: 1, 20% learning bonus, a personal account manager will be provided, help chat EN LIVE, access to all learning tools.
The third type of account is the ECN Account: the minimum initial deposit is $ 5.000, spreades from 0.3 pips, leverage up to 400: 1, 15% learning bonus, live help chat, technical analysis reports, all available platforms.
The fourth and last type of account is the Platinum Account: minimum initial deposit is € 50.000, spreads from 1.8 pips, available leverage up to 400: 1, 15% learning bonus, live help chat, analytics reports technical, personalized emails with the last hour of the market.
You can see more specifications about the different types of account in the following image:
The trading platforms that the broker offers are: MetaTrader 4 and NetoTrade's own platform.
Now then, we will go on to analyze the different resources and help that the broker offers to its clients and traders.
In the case of the NetoTrade broker, if we look for help or resources for traders we find: daily news and analysis, although they are outdated and in English, the popular economic calendar, currency converter calculator, apparently they have a service of signals of trading, although we have not tested it, a section where they explain the trading hours and how they work, a section where they explain what interest rates are, and also have a section on "Trading School" where they explain various basic concepts of the world of trading. trading, in this sense the web does provide various resources to the trader.
Other information about NetoTrade
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Phone number: + 44-203-514-3882 (UK) and + 41-225-181-315 (Switzerland)
Ending with this section, in our opinion the NetoTrade broker is not trustworthy.Why? In general we have found comments with mostly negative experiences on the internet and it is an unregulated broker.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders and users can vote for the broker.