Netotrade Global Investments Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 44-203-5143882, 33-975-184903
Addresses: Belize Str Corner Eyre Huts ON NR 1 BL Blake Buil AP 102 Belize 005010 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.netotrade.com.
I closed a profitable position at Netotrade Global Investments Ltd and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Good mobile app|Transparent fees
Cons: Would like more payment methods
After for about eight months with Netotrade Global Investments Ltd I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Easy withdrawals|Clear documentation
Cons: No fractional shares
I lost a significant amount because Netotrade Global Investments Ltd did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Regular platform improvements|Easy to use platform|Two-factor authentication|Portfolio tracking tools
Cons: Currency conversion fee exists
Netotrade Global Investments Ltd seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Instant funding|High security standards
Cons: Spreads widen during volatile periods|Would like more payment methods
Netotrade Global Investments Ltd had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Helpful community forum|Quick verification
Cons: Nothing significant
Opened my account with Netotrade Global Investments Ltd after reading several online reviews and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: API access|Multi-device support
Cons: No fractional shares|Onboarding videos are outdated
My card was charged twice by Netotrade Global Investments Ltd on the same day. I had to dispute it with my bank. Netotrade Global Investments Ltd then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Helpful community forum|Economic calendar
Cons: Account statements could be more detailed|Limited social trading features
Netotrade Global Investments Ltd has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Detailed reporting|Professional team|Dedicated account manager
Cons: No dark mode on mobile