NetoTrade.com – Is it scam or safe?

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The company that owns the brand, NetoTrade UK LTD, is not licensed and authorized to offer financial services. The company is in the warning list of the Financial Conduct Authority (FCA). The UK supervisor notices that this company provides financial services in the UK without its authorization and cautions against potential scam.

There are many negative posts and reviews about NetoTrade.com in forex forums. They inform of publishing fake positive posts, poor customer services, continuously pushing clients to deposit more money and difficulties in withdrawing money. All reviews recommend customers to stay away from the company, defining it as a scam.

If you are a victim of scam and have any complaints from NetoTrade.com, please report us and we will try to cooperate. Please fill in the form below, describing your case:

4 Complains

  1. I had an agreement for managed accounts and this was the biggest mistake in my life. They scammed me with almost 40,000. STAY AWAY from these thieves at any cost!!

  2. WARNING WARNING! Do not involve with NETOTRADE! I lost more than 100K AUD with these scammers! They called me promising all the shiny things Netotrade does but all they wanted from me was USD50,000, which they would double on low risks trades. So, I allowed them to get this money from my debit card, signing the confirmation documents for this. DO NOT do this!! A month later I had USD85,000 in my account but their dealer Eddie Coper called me for another 25K. Then the things got worse and despite this had to be low risk low risk trading my account was vanishing. I called Izzer Kamer from their management department but he told me these losing trades were not their problem and I had to put more money into my account, so that he ‘started building up the funds’. I wanted them to cover some of the losses but he just told me he couldn’t do anything without money. My uncle lent me USD15,000 and thought they would start recovering my losses but instead of this my account balance is now negative. WARNING STAY AWAY from this company. This is a totally scamming company. Although their website shows ‘your money is safe with Netotrade’ – it is far from safe!! They don’t answer my emails now. DO NOT DEAL WITH NETOTRADE

  3. This is a scam broker. They stole all my deposits and didn’t pay any profits. They own multiple sites but the managers are the same people. T Elyan is the main scammer, stay away from him!

  4. Neto Trade called me last week (cold calling) and tried to get from me $2,500. They tried to scam my bank account without my permit. I never agreed about anything. Neo Trade offered me some ridiculous amount of money as a compensation but don’t listen to them! You will lose all your money. FCA warns about this scam company These thieves are not regulated and act illegally!

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