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About NetoTrade
NetoTrade is a global brokerage and investment company that has a deep-rooted presence within then forex trading market. Established back in 2010, rhe founders of NetoTrade were a group of financial experts that had a combined fifty plus years of experience in finance and foreign currency exchange. Upon launch, NetoTrader had a very simple mission statement; they wanted to give online traders the best chance to succeed through a comprehensive forex trading service. With this mission statement in mind and how far the company has come off the back of such, they seem to be doing quite well, having become a fully regulated broker headquartered in London, the European financial capital.
Appealing to forex trading fanatics of all skill levels, the deposit required at NetoTrade is $250 and they offer flexible leverage of up to 400:1, as well as a generous bonus just for signing up. Throw in the fast withdrawals and you’ve got a trading platform that is easy to love and effortless to use.
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Accounts
Both beginners and expert traders alike, due in part to the sheer number of trading accounts made available here, can easily use NetoTrade. New traders who are just getting started should do so with a Mini account. The Mini account is accessible to customers that deposit between $100 and $4,999, and comes with low spreads of 3.3 pips, along with a maximum leverage of 400:1. This is one of the most competitive account offerings out there when it comes to forex brokers, as it really does allow a novice trader to take baby steps towards gaining experience.
After gaining necessary forex trading experience, it will be time to step up to the next level. The NetoTrade Gold account is the go to for people who are able to deposit between $5,000 and $10,000, thus is for traders who are a bit more serious about forex trading. As you would expect, the Gold account comes loaded with benefits, which include dramatically low spreads (2.2 pips) and a 20% bonus on the first deposit made.
Advanced traders can buy into the Platinum account, which represents the upper echelon of the NetoTrade experience. The Platinum account is the most expensive, but also the most rewarding account type issued here and is given to traders who deposit more than $10,000. With spreads that are the lowest on the market, starting out at just 1.8 pips, 400:1 maximum leverage, and a 15% deposit bonus, the Platinum account gives professional traders the best big-time forex trading experience possible at NetoTrade.
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Platform Features
One of the elements of NetoTrade that is sure to please experienced traders is that it uses MetaTrader 4 as an operating base. MetaTrader 4 is one of the most powerful and informative tools within the world of forex trading, and is quickly becoming the industry standard for online forex brokers. NetoTrade also has its very own proprietary NetoTrade Web trading platform. This online trading platform can be used on computers outside of your own thanks to it being web based. It’s not as advanced as MetaTrader 4, but there’s no need to download software. To come full circle, they have also developed their own NetoTrade Mobile platform for mobile trading, which really does prove to be a revelation.
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Education
A great thing about NetoTrade is that they seem to really care about making things easy for new traders and they’ve gone out of their way to do so. They have an entire educational section that new and experienced traders alike can use to find trading guides and learn everything that there is to learn about forex trading. The guides are so packed with information that they prove to be worth their weight in gold more often than not.
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Bonuses/Promotions
NetoTrade brokerage offers plenty of bonuses to new and old clients alike. You get your first bonus as soon as you make a deposit, as they give you extra money on top of your first deposit so you can be more dynamic in your trading. Their first class support system can guide you through the first stages of being a forex trader too, with tons of information about predicting market movements, reading charts and statistics, and everything in between. You can also access a demo trading account, where you have $50,000 to practice with before stepping up into the world of real money forex trading.
If you’re an intermediate investor and plan on investing at least $2,500 then you can get your hands on a free consultation with a senior investment advisor and tutor. This advisor will teach you how to analyse and correctly predict the market, so it certainly represents a pretty good deal. Finally, for more established members of NetoTrade, they offer access to a great bonus program that comes packed wall-to-wall extras.
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Deposits and Withdrawals
You can make an account with NetoTrade using either EUR or USD. The minimum deposit is $250 and there is a flexible leverage of 400:1 made avaliable. There are plenty of promotions made available too, as well as incentives for new traders, so don’t hesitate to contact thee on-site support staff for more information after you open up an account.
It’s easy to manage your money with NetoTrade, as you can use debit and credit cards, wire transfer, and online payments via the likes of CashU to deposit money. You can also withdraw money using the same methods, with the exception of CahsU in certain instances. New traders using NetoTrade will have to verify their account after creating it but, once you’ve gotten past this stage, you’ll be ready to withdraw immediately.
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Customer Support
NetoTrade are a top quality CFD (Contract for Difference) trading and forex broker that puts other forex brokers in the shade, which means they have comprehensive support services in place. The brand’s staff members are ready and waiting to answer your queries, as they have an extensive knowledge on all things forex trading and NetoTrade. The site also features an FAQ you can poke through, but if you still can’t find the support you need, then you can reach the NetoTrade team through live chat, email, online form, and phone. Finlly, another great thing that traders will be given access to is a personal account manager (account size dependent), who can help you make more efficient and effective trades.
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NetoTrade Final Thoughts
There are several reasons why NetoTrade is worth your time and money from a CFD trading and forex trading standpoint. For starters, there are great bonuses made available, on top of that the forex trading spreads are notoriously tight, the leverages are flexible, the rates are low, they have an established platform in platform in place, and they offer Straight Through Processing (STP). There is also a pretty low minimum deposit of just $250 and the personal account manager can really help you out when you are stuck in a forex trading rut. When it comes down to it NetoTrade proves to be high-end, high-powered, and highly effective as a forex trading force.
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