Brokers  /  NeoTrade

NeoTrade

Severe risk
Dominic · 5-10 years · since 2020-10-28 · Donnybrook Consulting Ltd.
Unregulated
Visit site ↗
3.2/5
★★★★★ ★★★★★
4 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$2
Min. deposit ›
1:100
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: VIP · $20 000TRADER · $5 500STANDARD · $2 500STARTING · $250
▲ 0% positive▼ 67% negative
Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot3.2/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~67% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints3612%
Offshore registration458%
Transparency (site/info/social)2810%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameDonnybrook Consulting Ltd.
Headquarters Dominic
Founded2020-10-28
Years operating5-10 years
Employees0
Official websiteneotrade.pro
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments9 Major Currency Pairs
Registered address
8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP1:100$20 000From 0.1--✓
TRADER1:100$5 500 from 0.2--✓
STANDARD1:50$2 500from 0.3--✓
STARTING1:20$250from 0.4--✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.43)

Across 3 recent Trustpilot reviews, 67% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Chile2
Hong Kong1

Real user reviews

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About NeoTrade

NeoTrade is a forex and CFD broker based in Dominic, with records dating to 2020-10-28. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, NeoTrade holds a real-user score of 3.2/5 across 1 reviews. Withdrawal problems appear 2 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full NeoTrade review