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Overview

NetoTrade is a trading brand of the British NetoTrade global investment Ltd., whose Head Office is located in London.

NetoTrade provides high-quality brokerage services, offering traders from all over the world access to trade on the global markets and the Forex market. Customers of the broker have the ability to open one of the four accounts, which differ in trading conditions on the markets, and therefore, everybody can choose the most suitable account.

Traders may also become participants of the promotions, held by the broker, and get Forex bonuses for attraction of new customers both for the primary and the secondary replenishments of the account.

Bonuses

NetoTrade provides its traders with different Forex bonuses both for making a deposit and for the replenishments of the accounts by new clients.

The promotions Refer a Friend is designed for all clients of the broker, and everybody can join it. Participants of the promotion receive special links with the help of which they can advertise NetoTrade, and users who have registered using them become their referrals. The broker pays Forex bonuses for each replenishment of the account by the referral. If an invited trader funds a trading account in the amount from 500 to 2,500 dollars, the participant who has invited him receives the Forex bonus of $250. And if an invited trader funds a trading account in the amount over 2,500 dollars, the participant who has invited him receives the Forex bonus in the amount of $500.

New customers of the NetoTrade are able to get the Forex 30% bonus on the first deposit. To get the bonus money, new clients need to fund a trading account in one of the available ways, and then write to the support service of the broker, indicating the account to which money is transferred. After verification and approval of the application, bonus will be paid to a trader who has made the first deposit. Bonus funds are the property of the broker since crediting to the trading account, and traders can use them only for trading on the Forex market. But Forex bonus can be cashed in the future by committing a trading volume, indicated by the staff of the broker during its crediting.

Forex bonus for the repeated replenishment of the account is available for all traders of the NetoTrade, and comprises 20% of the credited amount. Terms of its use and withdrawal from the account are similar to the first deposit Forex bonus.

Training

On the official website of the NetoTrade educational materials are published, which will allow beginners to learn how to trade on the global financial markets, where the international currency market is a priority.

Traders can get brief answers to the following questions form print educational materials:

- what is the Forex market

- how and when did the Forex market appear

- how the Forex market works

- how to trade gold and silver through the terminal MetaTrader 4

- how to read trading charts of the Forex market

- how to calculate swap.

Novice traders may also study video tutorials, offered by the broker:

- social trading with the NetoTrade

- installation and setup of the trading platform MetaTrader 4

- technical analysis using the trading platform MetaTrader 4

- how to register in the NetoTrade for further trading on the foreign exchange market.

If the questions concerning terminology of the foreign exchange market arise while studying materials, customers can get acquainted with the Forex glossary, where all the major and minor terms of the Forex market are listed and explained.

Terms of trading

NetoTrade offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $250

- the leverage is 1:400

- a lot of currency pairs, securities, gold, silver, futures

- spread is fixed from 1.8 points (the floating one is from 0.3 points).

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- wide database of embedded Forex indicators

- addition of new technical indicators

- trading directly from charts

- one click trading

- independent creation of new scripts

- use of Forex expert advisors for automated trading

- quotes export via DDE

- chart printing.

WebTrader

- multi-language support

- trading through the browser without downloading a client program

- abilities similar to MT4.

NetoTrade provides traders with the following accounts for trading on the foreign exchange market:

- account Mini

- account Golden

- account Platinum

- account ECN.

Trading account Mini:

- the minimum deposit is $250

- the maximum deposit is $5,000

- spread is fixed from 3.3 points

- the minimum trading transaction volume is $1,000

- automated trading is available.

Trading account Golden:

- the minimum deposit is $5,000

- the maximum deposit is $10,000

- spread is fixed from 2.2 points

- the minimum trading transaction volume is $5,000

- automated trading is available.

Trading account Platinum:

- the minimum deposit is $10,000

- the maximum deposit is $25,000

- spread is fixed from 1.8 points

- the minimum trading transaction volume is $25,000

- automated trading is available.

Trading account ECN:

- the minimum deposit is from $50,000

- the maximum deposit is unlimited

- spread is floating from 0.3 points

- the minimum trading transaction volume is $5,000

- automated trading is available.

Forex indicators (recommended)

- Super Signals Channel

- Forex Goiler

- Steinitz Fractal Breakout

- Buy Sell Magic

- Forex Executive.

Forex expert advisors (recommended)

- Ichimoku Chinkou Cross (an automated Forex expert advisor, established on the basis of a popular technical indicator Ichimoku, giving traders the opportunity to set it up for any currency pair and any time frame)

- Otkat (an automated Forex expert advisor, showing stable profits while trading in different foreign exchange bands, which it knows quite precisely, and it opens and closes positions at their boundaries)

- Goodwine (an automated Forex expert advisor, proven itself to be very effective in time frames M15-H1 using the technical indicator WATR for analysis of the currency market).

Investments

Customers of the NetoTrade are unable to take advantage of the trust management, which allows them to invest finances in professional traders for a certain interest. Investment takes place usually through PAMM-accounts, but the broker does not have them, so customers can invest money only in accounts of successful traders in case of personal agreements. But in this case, the responsibility lies absolutely with the investor and the broker does not accept any claims.

Unique features

Customers of the NetoTrade can take advantage of a unique opportunity of social trading, which allows traders to observe trading of the most successful traders, and to copy their actions on the foreign exchange market, if desired, receiving the same profit, respectively. But it is necessary to be careful, because not all copied trading transactions can be profitable. All transactions of traders, who show a stable and profitable trading, are displayed in real time on the NetoTrade home page, and they can be copied in one click.

Broker also allows its traders to become its partners by attracting new customers, receiving an income from their trade on the financial markets in the future.

The affiliate program is subdivided into three directions:

- Web Partnership

- IB-Partnership

- White Label.

Web partners attract new customers through the Internet using referral links and banners, issued by the broker. Reward is stipulated individually with the broker, and may be credited as a fixed bonus for a customer or as commission fees, received regularly for referrals' trading on the financial markets.

IB-partner attracts new customers by all available legal ways, receiving commission fees of 25% from the trade turnover of attracted clients.

White Label is designed for legal persons, which want to have their own business in the field of brokerage services. Broker provides the comprehensive support in this direction, and cooperation conditions are individual for each partner.

Add/withdraw funds

NetoTrade customers are able to use the following methods for depositing and withdrawal of funds: MasterCard, Visa, CashU, QIWI and bank transfers.

Contacts

NetoTrade is willing to provide its customers with the full support via email [email protected], by international phone 33-975-184903, 44-203-5142167 or a feedback form, located on its website.

Cons and pros

+ the British broker

+ small spread

+ good leverage

+ Forex deposit bonuses

- few educational materials

- no contests for traders

- few ways to deposit and withdraw funds from accounts.

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