2.015 • 47 REVIEWS
Out of business
Updated: Aug 2, 2023
NetoTrade is a forex broker. Neto Trade offers the MT4 and WebTrader forex trading top platform. offers over 40 forex currency pairs, stocks, gold, silver and oil for your personal investment and trading options.
December 16, 2013:The French AMF has issued a warning about unauthorized forex brokers. is on that list. CLICK HERE to verify.

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.

Website is in Arabic.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum to Open Live: $500
Established: 2013
Address: Unknown
Contact:, + 44-2080893679
Regional offices:
Prohibited countries: Unknown
Trading platforms: MT4, WebTrader
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (45+)
CFD: (50+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, CASHU
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, CASHU
* Please check broker website for more information
2.015 • 47 REVIEWS

Recent User Reviews of

london, United Kingdom,
Apr 25, 2013,

Steven Becket is robbing people. He is embezzling a lot of money of customers. He is promising profits and is cheating. Pay attention to this swindler
Abu Baraa
Jeddah, Saudi Arabia,
Mar 25, 2013,

This company is not regulated from FSA, The account Manager tried to convince me that it is regulated by sending RNS no. & different Name of Company. He mentiond Netotrade is part of group of London Capital Group Holding which is registered in London Stock Exchange.
I asked him to send the FSA registration No. in FSA but he send me RNS no. which provided by London Stock exchane market.
I tried to get any connection between Netotrade & London Capital Holding Group.

After that I request to pay back my money , no replying anymore.
I also I request it from website itself many times, I only got "My request proceed after i finished filling the request & submitted.

so be becarful of that name""
Premlal Dewli
mumbai, India,
Nov 26, 2012,

Mr. Steven is very Nice broker! Very respectful ,very good support, he gives,many financial instruments to trade and good margin.
Neto Trade is reliable and give me their full support by providing quality reviews and news that will help me take decisions. This help me a lot to trade on good pair.. Keep It Up Neto Trade!
Neto Trade is a company I trust and recommend to all my friends.
Losaire Bien-Aime
boynton beach, florida, USA,
Aug 22, 2012,

Great Platform, great broker. Mr. been will talk to me in the phone
all the time, the support is very good and I will recommand any body to experience that one. As a matter of fact, I am recommanding my friends personnaly to that Company.
Ukpai Idika
Lagos, Nigeria,
Jul 24, 2012,

Nice broker! Very respectful ,very good support, almost no requotes, many financial instruments to trade and good margin.
Neto Trade is reliable and give me their full support by providing quality reviews and news that will help me take decisions. This help me a lot to trade on good pair.. Keep It Up Neto Trade!
Neto Trade is a company I trust and recommend. Nothing to complain about.
Jon Whitehead
May 7, 2012,

Been with this broker for about 1 year. On March 18th, a new account manager took my account and called me. Asked if i was interested in making money. ?Duh, I said yes. She got me to up the account to 5,000 in order to increase the lot size. In the three weeks I have traded in 1 lot sizes, increased my balance to 9523 and have yet to lose a trade. The account manager calls me everyday about 8:30 and sets up my trades and describes what to expect for the day. I have gone to manual trading and like it. In fact it has doubled another broker account with the same system that the manager set up. So when in three months I reach about 30,000 I will start to withdraw some funds and work off of pure profits. Life is good and I am high on this broker.
allen brewer
, USA,
Apr 10, 2012,

This company is a scam. They have taken my money, called me names (got proof), lied to me and then told me that they lied to me. I have already filed in scam folder.
uk, United Kingdom (really Israel),
Apr 3, 2012,

Hello everyone
My name is lavi and I'm trading for 3 years on forex and binary options
Needless to say I only lost in options it really is not easy
But recently I realized that in forex a large part of my success depends on the broker that I'm trading with it
I was so far in four different companies including netotrade company that I'm with her now
Until now, the services I received were only from a trading platform and emails
And now I get phone calls from experts in trade explain to me exactly what I'm not doingright
And how to improve my trades
I can honestly say that this is the first company I was able to make profits and take them back to my bank
Fairly quickly 48 hours and the money was in my account
I recommend anyone who wants to get better trading experience to try them
My expert by the way he is Danny Brown
Good luck to everyone hope I helped

Review Moderation Team Note: 5 Star rating removed. This review did not come from the UK. It came from the same location as NetoTrade's representative in the FPA's forums. "Lavi" and the forums rep both made posts in the forums from this location.

Per FPA policy, the rating on this review is being changed to 0 stars.

The FPA does not appreciate review spammers or forum spammers.
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