Neotrades Questions & Answers

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Here’s what consumers have asked with answers from Neotrades staff and previous consumers.

15 questions answered
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Question:

In what situation will i need myself a neotrades pamm account?

Answer:

I presume when you realize that you have acquired a lot of skills and classical, manual trading got your bored, you can consider this is an option. There are two ways of how to interact with this account, you can either entrust your money to professionals, or become a pro yourself. Being a money manager is a very sophisticated task, as there are many challenges, you are literally forced to take a huge liability. Not all traders are brave enough to engage into this adventure. As for the first option, enrtsuting your money to experts, then it's up to you. Should you have any skills or not, whatever.

By Lucas R.
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Question:

What is the strongest feature of the broker, that you can compare with any other broker and be certain that neotrades is better at?

Answer:

Have you compared their range of tradable shares to other brokers? If you are into stock trading then this is a place to do that. Aside from their amazingly wide range of tradable shares, the trading conditions are pretty competitive too. Moreover, they made it possible to trade even a portion of a share, starting from $1. So, for me, the biggest advantage Neotrade has over the other brokerage companies is their concept and conditions for trading shares.

By Afeef N.
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Question:

What are your sign-up requirements?

Answer:

I ain't have any sign up requirements, but if you are interested in the broker's one, then here they are: 1) being older than 18 years old; 2) having read all the mandatory documents offered, such as Client Agreement, Privacy Policy, Complaint Handling Policy and Risk Disclosure. 3) choose whether you want to trade as a physical or legal body; 4) fill in the registration form. I guess that is everything, but as for 2nd point, many traders ignore it and just tick the box. It's an option, but if you want to get convinced of the company's reliability, it's better to familiarize yourself with these documents.

By Diego H.
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Question:

Answer:

As a rule of thumb it is usually, yes. As seen from their website, for investors there is pre-agreed performance fees. For money managers, there can be too. For complete clarity, it is better to contact the broker.

By oscar r.
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Question:

Which trading account should i go for if i want to use the copy trading?

Answer:

That depends on whether you wanna provide strategies to people to copy you, or if you want to copy people. Just go to the social portal of neotrades on the website and pick whatever it is that you want to do, and you will be directed to the right account type. Then you can do what you want to do.

By Ignacio C.
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Question:

Is the leverage of the neotrades fixed or dynamic?

Answer:

As far as I know they only have fixed leverage. Of course you can still ask broker this question by sending a message. I am sure they will give detailed answer to this question. By the way, they have different leverage sizes for different asset groups. Perhaps that is why you have such question.

By Gustavo C.
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Question:

What is the highest leverage one can use for trading commodities?

Answer:

The maximum for an accounts is 1 to 400, but I am not sure what the leverage for commodities is; I am not trading that. You should definitely ask for support for that.

By Stefano B.
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Question:

What do you think is the most profitable asset to trade on the platform?

Answer:

Personally for me, it's the stock market. I love trading stock and I get a lot of profits thanks to this trading platform because it has many functions for effective and profitable trading.

By Daniel T.
Question:

What is the main lesson you have learnt from trading with neotrades? and what would you advice someone starting out to use it?

Answer:

It is a great question, buddy. I have been trading for over 1,5+ years and needed some new experience and Neotrades offers PAMM-account. I found out a lot of new things about PAMM and tried myself as a money manager and it was a great opportunity to show to the general public what I have got. To those who are starting out to use it, I advise you to learn more about their market ideas that Neotrades publish every day and it is an excellent chance to improve your trading skills.

By Rodrigo C.
Question:

In your opinion, how well this broker meets the expectations of traders with big deposits?

Answer:

It seems that I'm not the only one who noticed that this broker is suitable place for traders with large deposits. Yes, this company can really give something special to traders who have more than average deposit. Here I got access to daily analytics. And thanks to this analytics, I feel support from broker I think my example is exactly what you're asking.

By Carlos V.

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