Online trading is definitely a very popular activity today. You can trade all sorts of things on the internet, from assets to indices. However, the most popular type of trading is definitely foreign exchange, also known as forex. Forex trading enables you to earn money by trading currency pairs, but if you want to become a successful trader you have to have a reliable broker. Brokers are the ones who create your trading environment, and if the company is good it can help you a lot to become a professional very quickly. In this NetoTrade Review 2016, we will write about one of the most prominent foreign exchange brokers on the market, as we take a detailed look at what they offer. Read on!
NetoTrade Review 2016 | How to Login?
Let’s begin our NetoTrade Review 2016 with the most basic thing every trader has to do in order to start trading – the login. This procedure is not complicated and it requires no special skills. First of all, you will have to enter your name, e-mail address, your phone number and the country you live in. Further on, you will be asked to enter some other information about yourself as a trader, such as your trading experience. Don’t worry; this company takes great care of their clients’ personal data, as was shown in our “Is NetoTrade a Scam?” article. At this point of the NetoTrade login procedure you will also have to choose the currency you would like to trade with, and you can choose between the euro and the US dollar. Be careful, though: once chosen, the currency cannot be changed. When you’re done with the data entry, you will be able to make your first deposit and start trading. Deposits are another thing we need to discuss, so keep reading our NetoTrade Review 2016 and learn everything you need to know about the money transfers!
NetoTrade Review 2016 | Deposit and Withdrawal
Naturally, you cannot trade if you don’t invest any money, so we will explain the entire deposit procedure, which is also quite simple. First, you have to log into your account. After that, click on the “deposit” button and choose the method you would like to use for your deposit. There are several methods you can choose from: credit cards, CashU and bank transfers. With credit cards and CashU, the deposited amount will be immediately transferred into your account, while the bank transfers can take up to 5 business days to be completed. You should also keep in mind that you have to submit some documents in order to be able to deposit your funds, i.e. you have to verify your account. These documents include: a copy of a valid photo ID, a utility bill with your name and address on it and a copy of the credit card used to open your account. The minimum amount you can deposit – NetoTrade Minimum Deposit – is set to only $100.
When it comes to withdrawing your money, the process is also very simple and intuitive. You have to login to your account, select the “withdraw” option, enter the required information and click on the “submit” button. If you have made your initial deposit via a credit card, your withdrawal amount will be limited to the total amount you’ve deposited using your desired payment method. The exceeding amount will be directly allocated to your account by the means of wire transfer. The minimum financial requirement here is also $100.
In the next part of our in-depth NetoTrade Review 2016, you can check out the broker’s account offer, so stay with us!
NetoTrade Review 2016 | Accounts
There are several types of accounts you can choose between here. Every account brings some perks and opportunities, but the general rule is that if you invest more money you will have more options at your disposal. For example, if you decide to open the most basic account (Mini account), you will have all platforms available to you and you will also be able to contact the broker’s live chat support anytime you want. There’s also a nice welcome bonus of 25%, but if you would like to find more information on the broker’s bonus policy, we advise you to take a look at our NetoTrade Bonus analysis. While the Mini account has a minimum deposit requirement of $500, the Gold account and the ECN account need $5000 to become fully activated. Gold accounts are designed for traders who already have some experience in forex trading. They offer access to all education tools and the assistance of your personal account manager, while the ECN accounts will throw in technical analysis reports into the mix. For professional traders there’s the Platinum account ($50000) which, aside from all aforementioned features, will provide you with market updates by e-mail.
NetoTrade Review 2016 | Platforms
As for the trading platforms, the last thing we are going to examine in this NetoTrade Review 2016, there are several options you can choose between. The first one – NetoTrade web platform – is one of the fastest trading platforms we have ever traded on. It’s very user-friendly and it has real time quotes, so you’ll always be fully informed. There’s also MetaTrader 4, the most popular trading platform in the world. Its quality and reliability really cannot be questioned, so if you’re more of a conservative trader, you’ll love this. The broker also offers a mobile trading platform, an application that enables you to trade anytime and anywhere you want. It was developed using HTML5, so it’s perfectly compatible with smartphones (iPhone, Android and BlackBerry 6). And yes, one more thing: you can test all these platforms for free! All you have to do is open your NetoTrade Demo Account and you can trade without risking any money at all!
NetoTrade Review 2016 | Conclusion
As you can see from our NetoTrade Review 2016, this is a reliable broker that offers many possibilities to all its clients. There are several trading platforms you can use, and with the company’s demo account you can always test them for free. There are several account types you can choose from too, so everyone can find the one that suits them perfectly. Furthermore, the minimum deposit (and withdrawal) is only $100, which is a pretty small amount compared to some other brokers in the industry. On top of that, money transfers are very simple and completely safe. Trust our NetoTrade Review 2016, open an account with this broker and start trading!