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Is Neotrades a trustworthy broker for trading?
AHMED SALAMA
阿拉伯联合酋长国
2025-07-19
ANSWER Dear Investor, Neotrades claims to operate as a trading name of Neotrades Capital Ltd, a company reportedly fully licensed and regulated by the Financial Services Commission (FSC) in Mauritius. While a company with a matching name has been identified, no associated domain name has been disclosed, making it difficult to fully verify the entity's identity. Furthermore, as an offshore regulator, the Mauritius FSC is often associated with less stringent oversight and limited investor protections. This raises concerns about the level of regulatory scrutiny and the safeguards available to investors. Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has issued a public warning regarding Neotrades. Therefore, it is crucial for investors to exercise caution when considering dealings with this entity—even if it appears to be regulated.
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I want to know real Neotrades reviews.
Atwater Scott
阿拉伯联合酋长国
2024-08-13
ANSWER Dear Investor,Neotrades is a forex broker claiming to be operated by Neotrades Capital Ltd, which is licensed by the Mauritius Financial Services Commission (Mauritius FSC).However, there is no clear evidence linking the site neotrades.com to the license holder. Additionally, the Mauritius FSC is known for its lax regulation. Therefore, extreme caution is advised when considering Neotrades as your broker. We recommend opting for brokers regulated by top-tier financial regulators.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added Neotrades to its alert list for lacking the required authorization. This serves as a significant warning regarding the broker's regulatory compliance.Compared to fully regulated brokers, Neotrades poses substantial risks. It would be wise to reconsider your choice.
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How many transaction fees will be charged on Neotrades?
Hloni
比灵斯
2023-12-08
ANSWER Neotrades does not disclose its transaction fees on its website. For the most accurate and current information, it is recommended to contact their customer service.It's important to note that Neotrades is a forex broker registered only with the Mauritius Financial Services Commission (Mauritius FSC). This authority typically does not provide details such as the registered entity's domain name. This lack of transparency can potentially be exploited by unscrupulous brokers who may use the information of companies listed on the Mauritius FSC's website to appear legitimate.The domain name, neotrades.com, may or may not be operated or linked to the authentic Mauritius FSC-licensed firm. Therefore, the possibility of identity theft by Neotrades cannot be completely ruled out. Investors are advised to stay informed and exercise extreme caution when dealing with Neotrades and similar forex brokers.
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