Net-Republics has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Net-Republics. This company is a suspected boiler room, a form of online investment fraud. Net-Republics has approached persons without being asked, to offer them investment proposals. A boiler... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.net-republics.trade/.
I had high hopes for Net-Republics after hearing about them at a conference, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: API access|Portfolio tracking tools|Excellent charting
Cons: Some tools only available on higher tiers
If you are reading this considering Net-Republics - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for nearly two years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular updates|Reliable uptime
Cons: Charting tools need more indicators|No live chat on mobile
I requested my data from Net-Republics under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Economic calendar|Fast support response|Easy to use platform
Cons: Minor UI glitches occasionally|Desktop app not available on Linux
The so-called education at Net-Republics is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since the beginning of the year thinking they would help me learn.
Pros: Responsive team|Customizable dashboard|Smooth onboarding
Cons: Research section could be deeper|Limited social trading features
Net-Republics locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Demo account available|Clear documentation
Cons: Limited demo account features
I opened an account with Net-Republics for roughly four months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Clear documentation|Comprehensive tools|Market news feed|Excellent charting
Cons: No fractional shares|Limited social trading features
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Net-Republics is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Do not be fooled by the professional-looking website. Behind the scenes, Net-Republics is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Social trading features|Educational resources|Clean UI
Cons: Limited cryptocurrency options|Some tools only available on higher tiers
I have been trying to close my account with Net-Republics for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Copy trading available|Social trading features|Smooth onboarding|Dedicated account manager
Cons: Slow to add new assets
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Net-Republics has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database