Forex Broker Neomarkets Trading Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Neomarkets Trading Conditions

Registered Region Kazakhstan

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@neomarkets.kz

Contact Number +77172725115

Website neomarkets.kz

Balanced Review

Pros & Cons

Pros

Regulated by FSC in Mauritius and AFSA in Kazakhstan
Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Multiple account types catering to various trader needs
Trading platforms: MT5, web version, and mobile app
Transparent trading conditions with no hidden fees

Cons

Limited selection of deposit and withdrawal methods
Imposes inactivity fees on dormant accounts
Lacks comprehensive educational resources for new traders
Website provides limited information on account types
Not regulated by top-tier financial authorities

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Neomarkets	Inveslo	ZTE Broker	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Kazakhstan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Neomarkets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
MT5 Netting Account	Beginners to Experienced Traders	Market execution with low spreads	Minimum deposit of $20
MT5 Hedge Account	Experienced Traders	Allows hedging with market execution	Minimum deposit of $20
MT5 Cent Account	Beginner Traders	Lower contract size for small investments	Minimum deposit of $20
MT5 Swap-Free Account	Islamic Traders	No swaps charged, only commissions	Minimum deposit of $20
NeoTrade Account	All Traders	Access to CFDs and stocks	Minimum deposit of $20

Account Opening Process

To open an account with Neomarkets, you will need to follow these steps: First, provide your personal information, including your name, email, and phone number. Next, submit your employment and financial information as required. Identity verification is mandatory, requiring you to upload documents such as a valid ID and proof of address. Once your documents are verified, your account will be activated, allowing you to begin trading. Neomarkets offers flexibility, allowing clients to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 0.00009	No	Tight spreads for major pairs
Forex (Minor Pairs)	Varies	No	Spreads may vary based on conditions
CFDs (Stocks)	Varies	Yes	Commission applies on stocks
CFDs (Indices)	Varies	No	No commission for indices
Cryptocurrencies	Varies	No	Commission-free trading available

Other Fees

Neomarkets may apply various fees including: deposit and withdrawal fees depending on the payment method, inactivity fees for accounts that remain dormant for an extended period, platform usage fees if applicable, overnight interest (swap rates) charged on holding positions overnight, and currency conversion fees for deposits made in a different currency than the trading account.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Neomarkets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Oliver Johnson

Almaty

★ ★ ★ ★ ★

I’ve been trading during some volatile market conditions, and this broker has consistently delivered reliable performance. Orders are executed instantly, without any noticeable delays, even during high-demand periods. Their mobile app is another highlight, allowing me to monitor and manage trades on the go without any compromise in functionality. Overall, it’s a platform I can count on in any market condition.

Nick Kablo

Astana

★ ★ ★ ★ ★

I appreciate that there are no hidden fees here. All trading conditions are transparent, and they clearly outline spreads, swaps, and commissions so there are no surprises. My first transactions were processed quickly and without issues, so I plan to continue trading here. However, the advisory system could be more user-friendly.

Maria Smirnova

Karaganda

★ ★ ★ ★ ★

I faced issues with withdrawals that took longer than expected. Despite the good spreads and trading conditions, the support team didn’t provide timely assistance when I needed help with my withdrawal process. It’s frustrating when you can’t access your funds promptly.

Pavel Ivashov

Shymkent

★ ★ ★ ★ ★

I had a very disappointing experience with Neomarkets. Their customer support was slow to respond, and I felt abandoned during my issues with withdrawal processing. I was concerned about the transparency of their operations and the overall security of my funds. I wouldn’t recommend this broker.

Kazakhstan Market