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LoukiaCharilaou
Within 1 year

According to your research and what reviewers are saying, how credible do you think Neomarkets is?

Broker Issues
Neomarkets
Regulation
04-20
United States
WikiFX
Reply

As a trader who places a premium on regulatory safety and transparency, evaluating Neomarkets has left me with mixed—mostly cautious—impressions. From my research, Neomarkets operates from Kazakhstan and, concerningly, lacks any recognized regulatory oversight. In my experience, trading with unregulated brokers always carries elevated risk. The platform itself appears modern, with a proprietary web and mobile interface, and reviewers mention a comprehensive selection of instruments like stocks, ETFs, derivatives, and eurobonds. I noticed positive remarks on the platform’s speed, low fees, and broad product range, but there are consistent notes about the lack of serious educational resources—something newcomers should keep in mind. What really stands out for me, though, is the explicit warning regarding Neomarkets’ unregulated status. Claims of regulation by AIFC do not check out, and that’s a deal-breaker in terms of credibility. Even though some users report favorable experiences with prompt withdrawals and transparent fees, I can’t ignore that no third-party regulation means clients lack the crucial protections established brokers provide. In summary, while Neomarkets may offer useful technology and tempting trading conditions, I would advise extreme caution. Personally, I only trust my capital to firms with recognized licenses and transparent compliance. For me, without proper regulation, the credibility of Neomarkets remains highly questionable, and I cannot recommend it as a safe option for traders.

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