NetoTrade.com Review

I've traded with several brokers the past two years and had a demo account for two months with netotrade and then a live account since march 2013. What I found very important with the several brokers I traded with is that you get your money much faster using credit card rather than wire transfer. I think a lot of traders make this mistake and then there are communication problems with the bank. I had this issue with my wire transfer and the customer support at netotrade was very helpful in getting it sorted out with my bank. Now I trade using a credit card, I made a withdrawal request two weeks ago and got my money within 5 days.

Alex Cole a supposed Senior Manager , behaved irresponsible as a result I lost all my capital on Friday 19/10/2014. Did not even have the decency to call me and explained what happened , accepted no accountability . No training provided . Only called me to fund the account
Beware

Netotrade operate their work from Israel and they lie and call us from UK I have my statement for my account shows "Trade 246 ltd"

2013-10-09 1Star My name is Lojina Mostafa and I have been trading with Netotrade under account No. 16385134 My problem started when I asked Netotrade to transfer USD 2500, then company refused to proceed with my withdrawal request and they did not reply any of my emails. After a while Hassan Abdel Latif called me from Netotrade introducing him self as my new account manager after company fired my ex account manager Aly Elkhaldy because he was a thief!!!!! Once Hassan recieved the account he started to open lost trades and ends it without my permission, he made me lose all my balance USD 40000 in one day!!!!!! I tried to contact the company and I reached the hardly after telling them that somy of my friends wants to trade in forex with them, as Hassan started these lost trades without my permission and ended it without my consent, they claimed that it was trading and that forex trading is very risky, then I replied that all these trades happened from your end just beacuse I started to submit withdrawal request now company refuses to reply my correspondences and I lost all of my initial investment USD 10000 and all of my profit USD 30000. luckily they made a huge mistake by stealing from my credit card without my permission and I already submitted a dispute form at my bank. I wonder how to escalate this matter as theغ stole money from my credit card and manipulated my account with out my authorization, noting that I searched over the internet and found aout that they are unregulated company and I know many victims for this company who have similar cases like mine and also submitted a dispute request at their banks . Does any one know how to deal with unregulated forex companies??

another scam broker busted. today i was searching about this broker & saw the below link which shows how their entire customer data can be accessed by any person. their security is a joke. this is how this broker treats their customer privacy. i must say shame on them & every one must see & evaluate a broker before submitting their personal data like credit card, identifications etc.

www.zsecure.net/blog/vulnerabilities/netotrade-sql-injection-vulnerability.html

SCAM COMPANY, PUSHY SALES TACTICS AND THEY DONT SHUT UP, THEY THINK THERE THE WORLDS BEST SALES PEOPLE BUT THEY ARE DELUDED WITH THERE THOUGHT PATTERNS, STAY WELL CLEAR THERE ALL THE SAME

It is a scum company, they always prefer calling rather then sending an email to avoid evidence, make sure you record the conversation with them. they steal money.

very pleased for now
didn't know much about forex received a few hours of training for free
and from a 1500$ investment, 3 weeks after I stand at over 19% profit, working with tom michels head analyst, very pleased.
cannot give 5 starts cause I never trader anywhere else before.

Review Moderation Team Note: 4 Star rating removed. This review came from the offices of NetoTrade in Cyprus, as did the review from "shani" left on 2013-06-06.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.

This company is a scam they don't proceed with withdrawal requests

best service ever!!!! by the first week gain 24% profit, steven smith has a great service, and great learning experience, highly recommend!!

Review Moderation Team Note: 5 Star rating removed. This review came from the offices of NetoTrade in Cyprus, as did the review from "ronald" left on 2013-07-09.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.

This company is really bad they use very pushy sales tactics and try get you to put more money in all the time and then they are trying to tell you how you need to trade all the time and if you don't trade a lot they are ringing you up saying they can help you trade more often, there just a bunch of sales people who don't take no for an answer they are working on commission only basis that's why they are so pushy and desperate, when you want to withdraw your money out you get 10 phone calls trying to take you out of it, stay well clear and go with a broker that is fsa regulated or an ecn as these guys are just con men