NetoTrade

Editorial Rating:
3.26
Accept US Traders:
No

NetoTrade.com

NetoTrade is a Forex broker situated primarily in UK’s capital, London, and since 2010 it has operated within the virtual market space. Continued growth since its inception has given this broker enough leverage to open an office in France and offer customers a range of tradable assets, including 49 currency pairs, Gold & Silver, CFD, Oil, Stocks, Indexes and soft commodities.

To facilitate its growing customer base, NetoTrade’s platform is available in English, Arabic, Portuguese, French and Italian; moreover, a range of payment options, including CashU, credit cards, debit cards and wire transfer, are available. 

To further compliment this global focus, NetoTrade allows customers to hold accounts in various currencies, such as AUD, CAD, EUR, GBP, JPY, NZD, CHF and USD. This diversity is great for traders who want to improve their profit margin by avoiding unnecessary currency conversion fees when depositing and withdrawing funds.

NetoTrade.com’s Special FX:

One of the most interesting aspects of this site is its social trading provisions. Designed to create a sense of community and open up the foreign exchange market to everyone, the handy feature allows members of NetoTrade to connect with each other and improve their skills.

The process couldn’t be easier to navigate: the user simply follows the traders they believe are performing well (much in the same way a person would follow someone on Facebook or Twitter) and a live stream will show whenever they make a trade. The user can then decide to review the trade a copy it into their account automatically.

This automatic style of trading is fantastic for amateur traders as it allows them to follow the movements of the professionals without the same amount of risk.

The Essentials:

NetoTrade offers four different accounts, three being straight broker accounts and the fourth being an ECN account. For each account the user will gain access to the currency exchange market through MetaTrader 4 and thus have access to in-chart trading, live data streams, customisable orders and mobile trading.

Beyond the capabilities of MetaTrader 4, the user will be able to benefit from the following conditions:

Features                              Mini Account     Gold Account    Platinum Account            ECN Account

Minimum Deposit:          $250                       $5,000            $10,000                $5,000

Minimum Deal size:        $1,000                   $1,000              $25,000                $5000

Spreads from:                3.3 pips                2.2 pips           1.8 pips                0.3 pips

Leverage                        1:400                     1:400              1:400                    1:400

Welcome Bonus               25%                        20%                15%                      15%

In addition to the above conditions, each NetoTrade member will get access to a person account manager (excluding Mini Account holders); technical analysis reports, live chat support and market update emails.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.