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Adrian Forex brokers Views: 172

NetoTrade

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Twitter
https://twitter.com/NetotradeArb
Date founded
Dec 31, 2009
Demo version
Yes
Description

NetoTrade is a global forex brokerage and investment company specializing in providing its users with access to the global financial market, offering advanced tools and support for trading on international markets. This broker offers trading in securities and stock indexes CFD and foreign exchange

Name

NetoTrade

News
Regulation
Cyprus Securities and Exchange Commission (CySEC),

CySec

Regulation in major hub
Yes
Webinars
Yes
Country

United Kingdom

Time zone

GMT

Languages

Arabic, Chinese, English, French, Italian, Portuguese, Spanish

Decimal pricing
5 Digits,
Hedging
Yes
Max Leverage

1:400

Minimal Lot
0,01
One Click
Yes
Scalping
Yes
Spot trading
Yes
Spreads
0,60
Trading Platform
MetaTrader 4,

MetaTrader 4 web and mobile trading platform

Watchlist
Yes
Bonus

30% deposit bonus

Currencies

USD

Currency pairs

50

Deposit methods
Bank wire, Credit card (VISA/Mastercard),

credit cards

wire

liberty reserve

livecash

cashu

Minimum Initial Deposit

$500

Mini Account:

$500

Standard Account:

$5,000

ECN Account:

$5,000

Premium:

$50,000

Withdrawal methods
Credit card (VISA/Mastercard), Bank wire,
Contact phone

+442035143882

Contact email

When it comes to trading currencies, the growth is overwhelming which has prompted different Forex brokers trying to cub your attention. While others choose on having visible shops, others have come up with various innovative spectrums downplaying the risks involved in this trading environment. In most cases, some brokers have succeeded amidst the setbacks and Netotrade couldn’t miss as being among these prominent firms. Being a broad-based Forex company, NetoTrade has a multifaceted type of Forex trading approach. These include accessible supplemented tradable quotes, international Forex brokerage, and stock indices in lias with international marketplace. The Forex trading company found in the UK is a number one contender in this Forex trading industry. With a well-structured and innovative team, flexible trading norms have been enacted to give users a smooth flow with the trading ambiance.

 

Features:

•     Leverage: Has up to 1:400 Leverage which rises for Platinum Account.

•     Execution: Tight spreads and Execution are feasible because of the good relationship with banking institutions.

•     Trading strategies: No limits when it comes to scalping, hedging, or need for expert help.

•     Platform: Has mobile-friendly platform and an MT4 platform that most traders prefer.

•     Accounts: Has a Four account choice, tailored to personal skill levels.

•     STP: Straight Through Processing secluding desk dealing need.

•     Spreads: Typically tight, beginning from 0.1 pips for ECN account.

•     Live Customer Support: Netotrade takes serious the quality service needed hence requires its employees to be equipped with the significant authorizations and industry qualifications.

•     Security: The firm upholds both client and operational bank accounts to outstanding banking institutions.

 

Advantages:

•     Spreads and Leverage: Netotrade gives traders flexible leverage and tight spreads. Tight spreads usually go by your account balance and account type.

•     Platform: It has a faster platform using the popular Metatrader 4 trading platform. NetoTrade stands as the first Forex trading brokers to use Metatrader 4 trading platform which is faster trading and highly popular. The user-friendly mobile trading platform makes it easy for Smartphone handlers to trade effectively. Increased liquidity, faster transparency, Greater price transparency, and regular availability are some of the merits you get from NetoTrade platform.

•     Deposits and Withdrawals: Several payment alternatives are accepted on the trading site. You can use EUR or USD via MasterCard, Visa, wire transfer, or by other payment options after your first payment or deposit, your account is automatically activated. Very speedy withdraw requests.

•     Customer Support and Beginner’s: Multilingual and direct call and email support, chat are available. All customer support employees have the significant industry qualifications hence offering professional assistance ensuring unforgettable trading experience. The firm also provides educational materials that beginners can scoop knowledge from before joining.

 

Disadvantages:

•     Non-Regulated Service: The firm is Unregulated which is sometimes very dangerous regarding security and openness.

•     Initial deposit is relatively high: Many users have also complained about their high deposits which are not readily affordable for most skeptical beginners.

•     The withdrawal method is somewhat hassled: Withdrawing money from the platform is also an issue as it will involve a lot of paperwork which is time-consuming and tedious.

 

Conclusion:

NetoTrade is a UK-based company which boasts of delivering outstanding quality service with benefiting features to both newcomers and experienced traders. With no back-office nor hidden fees, they give access to over fifty foreign exchange money with some stock indices and commodities the market. Safety and soundness this firm gives as a leading global broker, transparent pricing, protection, and fair trading are some of the goodies you get as a trader with NetoTrade.

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Pros & Cons
  • High leverage
  • Unregulated
  • High starting deposits

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