Company Profile
Company Profile
Review summary
| Neomarkets Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Mauritius |
| Regulation | FSC (Offshore regulated) |
| Market Instruments | Forex, metals, energies, indices, stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.00009 pips |
| Trading Platform | MT5, NeoTrade |
| Minimum Deposit | $20 |
| Customer Support | Online chat |
| Phone: +52 55 4161 4855 | |
Neomarkets Information
Neomarkets was founded in 2004 and is offshore regulated by the FSC of Mauritius, where it is registered. It offers trading in forex, metals, energies, indices, and stocks with leverage up to 1:500. The broker supports both MT5 and NeoTrade platforms. However, it does not allow third-party transfers, and the minimum deposit requirement is just $20.
Pros and Cons
| Pros | Cons |
| Live chat support | Offshore regulation risks |
| Various trading instruments | |
| Demo accounts available | |
| Multiple account types | |
| Long operation time | |
| Low minimum deposit of $20 |
Is Neomarkets Legit?
Neomarkets is offshore regulated by the Financial Services Commission (FSC) of Mauritius with a Retail Forex License, license number GB22200517.
What Can I Trade on Neomarkets?
Neomarkets offers five types of trading products, including forex, metals, energies, indices, and stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Leverage & Fees
Neomarkets offers five account types: Classic Accounts, MT5 Hedge, MT5 Cent Account, MT5 SwapFree Hedge (Islamic Account), and NeoTrade PRO.
| Account Type | MT5 Netting (Classic) | MT5 Hedge | MT5 Cent | MT5 SwapFree Hedge | NeoTrade PRO |
| Minimum Deposit | $20 | ||||
| Maximum Leverage | 1:500 | 1:100 | |||
| Spread from | 0.00009 | ||||
| Commission | 0 | Yes (Shariah-compliant only) | No for CFDs, Yes for stocks | ||
Trading Platform
Neomarkets offers two trading platforms: MT5 and NeoTrade.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, macOS, iOS, Android, Web | Experienced Traders |
| NeoTrade | ✔ | Windows, macOS, iOS, Android, Web | / |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Neomarkets require a minimum deposit of $20. Payment methods include bank card payments in EUR, INR, KZT, PKR, and USD, which are processed instantly without commission; and bank wire transfers in USD and EUR, which can take up to 5 business days and may incur senders bank fees.
Generally, deposits and withdrawals have no commissions unless the total withdrawal amount in a calendar month equals or exceeds $50,000, in which case a 1% fee is charged on the withdrawal amount regardless of the method. Neomarkets does not support transfers from or to third parties, and withdrawals can only be made to the original funding source.
| Payment Options | Accepted Currencies | Fees | Deposit Time | Withdrawal Time |
| Bank Card | EUR, INR, KZT, PKR, USD | ❌ | Instant | Within 1 business day |
| Bank Wire | USD, EUR | Sender's bank fee | 5 business days | |
