NETOTRADE

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Disadvantages:

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About company:

NetoTrade is a global Forex and investment company specializing in the global financial markets. NetoTrade is operated by NTGX and is located in the Center for Financial Services in Kingstown, Saint Vincent and the Grenadines. Traders can choose currencies and CFDs, including stock indices and commodities.

Accounts

NetoTrade offers a wide variety of different trading accounts.

Mini account: spreads from 3.3 pips, live support chat, 25% welcome bonus. This account is for beginners looking to trade with minimal risk. The minimum deposit required to open a Mini account is $ 500. Mini Account offers a leverage of 1: 400 and a minimum trade size of $ 1,000.

Gold account: spreads from 2.2 pips, 20% welcome bonus, personal account manager, live support chat, all training materials are available. A Gold account requires a deposit of at least $ 5,000. This account is geared towards traders who are familiar with Forex trading and are looking for the best deals.

ECN account (suitable for professional traders): spreads from 0.3 pips, 15% welcome bonus, personal account manager, live support chat, technical analysis available. This account is for professional and experienced traders. The minimum deposit is $ 5,000. All trading is carried out according to the ECN / STP model.

Platinum account: spreads from 1.8 pips, 15% welcome bonus, live support chat, training materials available, technical analysis. $ 50,000 is the minimum requirement for a Platinum Account. VIP trading signals are sent and there are special VIP offers.

Trading platform

NetoTrade offers trading on MetaTrader 4. The terminal provides real-time quotes, high-speed execution and supports all types of orders, including limit orders.

additional services

Social trading is an important feature in NetoTrade, which allows traders to share ideas in real time with other investors and automatically copy trades from the best ones. Social trading allows traders to discuss strategies, ideas and experiences so that they can develop trading skills and increase their profitability.

It is an important educational tool for novice traders as it allows them to observe the strategies of the professionals in real time, while profiting from their work.

Bonuses / Promotions

NetoTrader offers several promotions.

At the time of this review, a special bonus of 30% was provided for traders trading in Russian rubles.

With their Refer a Friend promotion, anyone who brings in a friend who deposits $ 500–2,500 will receive a $ 250 bonus. A customer who invites a friend who has deposited $ 5,000 or more into their Gold account will receive a $ 500 bonus.

Education

NetoTrade offers a variety of tools such as free trading signals, technical analysis, daily market reviews and Forex articles.

An economic calendar is a list of events related to the global economy, especially the key macroeconomic factors that shape the views and decisions of policymakers, investors, analysts and the public. The calendar can be monthly, weekly, daily, or even hourly.

Ways of payment

Funds can be deposited to any of the NetoTrade accounts via credit cards, wire transfers, QIWI and CashU.

Withdrawals are made using the same methods.

Support service

Traders can contact a NetoTrader representative by phone or email. Chat is also available during trading hours.

Pros:

high leverage.

Minuses:

not regulated; high initial deposit.

FAQ - BROKER QUESTIONS NETOTRADE

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Can the broker NETOTRADE be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. NETOTRADE received a rating of 1 out of 5 on our resource.