Forex Brokers

Netotrade UK Ltd

1.8 (8 reviews)
🇦🇺 Australia
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1.8
8 reviews
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About Netotrade UK Ltd

Netotrade UK Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 44-203-5143882, 33-975-184903

Addresses: 788 Finchley Road London NW11 7TJ 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.

Customer Reviews

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Bait and switch tactics

M
Michael D.
4 weeks ago

Do not use Netotrade UK Ltd for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Good mobile app|Fast support response

Cons: Limited ETF selection|Mobile app could be improved

The definition of disappointment

J
Jasmine D.
2 months ago

I closed a profitable position at Netotrade UK 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: Fast deposits|Customizable dashboard|Full transparency

Cons: Limited social trading features|No live chat on mobile

Terms change without notice

R
Richard V.
3 months ago

Opened my account with Netotrade UK Ltd after a friend recommended them 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: Reliable uptime|Intuitive for beginners

Cons: Email notifications too frequent

Indicators are limited and buggy

S
Samantha J.
3 months ago

After spending for about five months trying to make Netotrade UK Ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Transparent fees|Segregated accounts|Fast deposits

Cons: Help articles are sometimes vague

They upsell insurance you do not need

L
Lauren P.
3 months ago

Do not believe the bonus offer from Netotrade UK Ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a financial advisor and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Educational resources|Demo account available|Instant funding|Good mobile app

Cons: Website design could be more modern|Onboarding videos are outdated

Education is just sales pitch

R
Ryan W.
4 months ago

I signed up with Netotrade UK Ltd after a friend recommended them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Two-factor authentication|Demo account available

Cons: Wait times can be long during peak hours

Email support takes 2 weeks

O
Olivia R.
9 months ago

I experienced a security concern with my Netotrade UK Ltd account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Portfolio tracking tools|Low minimum deposit

Cons: Some tools only available on higher tiers|Help articles are sometimes vague

Still waiting for my withdrawal

A
Andrea V.
9 months ago

I have been trying to close my account with Netotrade UK Ltd 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: Clean UI|Demo account available|Professional team

Cons: Charting tools need more indicators|Desktop app not available on Linux