NetoTrade Review

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Company Overview

NetoTrade is an online brokerage firm and investment institution that specializes in international financial trade. It started its operations a little over 6 years ago and offers forex and CFDs to online traders while never compromising reliability. NetoTrade strives to create a productive online trading environment. It has opened more than 73 million trades in its six years of operations. NetoTrade is willing to work with traders of every level as it provides a customized trading package so that it can make the most of the international forex market.

Trading Platform

NetoTrade offers two major trading platforms to its users: MetaTrader 4 and the NetoTrade Web platform. The latter allows multiple traders to execute multiple order execution types while also being able to customize indicators. The NetoTrade Web platform is highly favorable because it doesn’t require any sort of installation or download. Users can log in to the trading platform from wherever they want and can start trading with real time quotes whenever they feel like it.

However, MetaTrader 4 is the go-to choice for online traders as it offers multilingual support and a user-friendly environment. It ensures quick order execution and comes equipped with extensive analytic tools, which enable traders to develop a better understanding of the market.

Another reason for MetaTrader’s immense popularity among online traders is that it offers Android, Windows Phone and iOS apps, which allow them to make transactions on the go and don’t make them bound to their computer screen.

NetoTrade offers 4 different accounts to its users. The first is called the Mini account, which requires a minimum deposit of $500 and promises spreads from 3.3 pips at a maximum leverage of 1:400. The Gold account requires a minimum deposit of $5000 but offers a welcome bonus of 20% at spreads beginning from 2.2 pips. The ECN account also requires a minimum deposit of $5,000 and promises a welcome bonus of 15% at spreads from 0.3 pips and a maximum leverage of 1:400. The final account is called the Platinum account, which requires an initial deposit of $10,000, requires spreads from 1.8 pips at a leverage of 1:400, and promises a dedicated account manager.

Features

  • Maximum leverage up to 1:400
  • No restrictions on scalping
  • Daily market reviews and forex articles
  • Free trading signals
  • Free technical analysis
  • Easy-to-follow trading articles that help beginners better understand the market
  • More than 100 instruments to choose from
  • Tightest forex spreads in the market
  • 24/7 professional support
  • Security assured for clients’ deposits and withdrawals

Customer Support

NetoTrade is serious when it comes to customer satisfaction, which is why it offers expert analysis in various languages including English, Arabic, French, Portuguese, Russian, Spanish and Italian. Clients can also mail, email, or phone NetoTrade which promises to reply to all such queries.

Conclusion

NetoTrade is an online brokerage firm that has something for everybody. While its website doesn’t have a live chat feature, its pros certainly outnumber its cons, and this is why NetoTrade is gradually increasing its clientele every year.

Office website: https://netotrade.com/

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