January 20, 2014 SCAM ALERT
There are 3 FPA Traders Court Guilty Verdicts against NetoTrade. The FPA now considers NetoTrade to be a Scam broker.
The FPA advises AGAINST opening an account with NetoTrade. If you have an account with NetoTrade (شركة نيتوتريد), the FPA recomments that you try to withdraw all of your funds immediately.
The FPA asks that NetoTrade's employees in Cyprus and Israel stop trying to post reviews while pretending to be customers.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$500|
|Contact:||firstname.lastname@example.org, + 44-2080893679|
|Trading platforms:||MT4, WebTrader|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|CFD:||(50+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, CASHU|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, CASHU|
Recent User Reviews of NetoTrade.com
Is it a scam call?
They said I have $22k and they want me to share my computer screen with them to verify my KYC detail. No legitimate broker ever do that. That should prove that they are trying either trying to hack my computer by tempting me with the fund which I never deposited.
I'm writing this just in case anyone from NetoTrade call, please be careful and beware that it might be a scam.
They toke my money and they stopped responding to my calls and emails
please help me with this case
Dear all I will till you my story I have received a call from this company Netotrade frist call come from UAE they say will opening an account for me with them and they keep a manager who will help me in my acc and teach me who to sell and buy they till my I should deposit at list 500$ for opening the acc then my account manager say that not enough for as to make brofit so he ask my to deposit money and I do I deposit another 500$ than he told my there is a big chance to win a lot of money because the oil will increase so he ask me to deposit money and there is 100% brofit so I deposit 3200$ than a deposit another 2500$ and when the brofit come almost 32800$ I ask to withdraw some money but they not accept they say I should deposit another amount to transfer the amount to my account or I will lose all my money . I don't know what should I do to make them return at lest my money I am a house wife and I give them all my money can any one help my what should I do please I bagging you
i feel i scamed by them
I had a mentor and i managed to raise this amount to 1000$ then somebody called me and asked me to raise my investment to 2000 or more because there was a news he knows about it and it could make me a fortune
and when i refused to do that, thing got changed and i lost trade after trade . m not sure what they did to my account but any trade i was taking, was loss
eventually i got a margin call and because i didn't trust them any more i didn't add any fund to my account and its blow out
Netotrade is not a scammer
plz if someone trading with plz stop trading bcz its looking like fraud
Neto Trade then offered me silly amounts of money to go with them part compensation, but you know your will lose all your money and more by reading all these reviews regardless.
FCA have warnings on their website about Neto Trade as scammers, these people from Neto Trade are not regulated and operate totally illegally!!!!!!!!
Neto Trade even set up more withdraws through my bank account and I had to change all my cards details with the bank very quickly.
Luckily, my bank ensured Neto Trade couldn't take my money and I didn't get scammed by Neto Trade, but had lots of sleepless nights worrying over this scam problem.
Best Advise: "If Neto Trade ring you, just hang up the phone", if you don't, Neto Trade will take your money for certain.
it is uncontrolled open losses with big Lots,margin level 250-350 % & too many positions. on Feb 5, 2016 the account manager ask me for more deposit to buy gold, I refused then he threaten me if no deposit he will perform a trading lead to total loss.
He is not agree to do stop loss order or closing non-profiting positions & I Have to do unlimited deposit of more money to solve the shortage of margin otherwise it will be my fault.
there was too many Fake promises to solve it.
eventually in 2 months time, I lost my money.
total amount deposited 210,500.00 USD with 0 USD withdrawal
& margin call on Feb 26,2016 where I have been confronted with complicated situation.
now it is very clear to me that they push me to deposit more & more money trying to save the losing account.
NETOTRADE IS A SCAM
2014-12-02 5 Stars Thank everyone who reply to my problem with Netotrade.
I am pleased to announce that I resolved this issue with NetoTrade Compliance Department with agreement.
I would like to thank especially Mrs. Roberts for her kind assistance and understanding.
2014-11-24 1 Star MY STORY started in the last week of October 2014, when I received a call from a person form Netotarde
for the second time where the first was a female tiring for hours to convince me to open account of 2000$ with them. In the begging, I refused knowing the risk in Forex trading but the second person his name is ZAIN AL AYIN told me that you can trade in stocks if you want and that there is 100% profit in weeks time in Apple stock if I open account Today.
I did that ,then I received a call form a another stating that he is my account manger ,then I told him about the deal with apple stock ,but he told it is too late that time the stock was around 102 $ now the stock is 117$.MY ACCOUNT MANGER NAME IS( TAHA AMIN) with a TITLE CHIEF FINANCIAL ANALYST . Then he try to force me to deposit more money for bounce ,I did deposit 5000$ then he told to deposit more ,I deposit 2000$ .
After that, he started to make deals with big lots which cost me a lost of 3000$,then I stooped trading.Most of that was my mistake because I was new to trading in general which that his job to help me.Then he told me do not worry ,the lost will come with profits but I have to deposit 5000$ more to rise margin ,I send a email asking him to stop making trades with my authorization but he (you are not tell me that , i make the calls not you).
In less than a week , I lost all my money , and received a call form a person saying that the account in danger and if i do not deposit more money ,I will lose all 15000$ which I did.
N.B. when tiring to withdraw what is left 7000$ of my money the account manger called me and ask to cancel which I refused he closed the line and made sure I will lose all)