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Neom Markets Review
Neomarkets is an offshore broker regulated in Mauritius and Kazakhstan, offering CFDs with leverage up to 500 to 1 and a low 20 dollar minimum deposit.
Min Deposit
$20
Spreads From
About 0.9 pips (0.00009) on major pairs
Max Leverage
1:500
Platforms
MetaTrader 5, NeoTrade
Pros
- Holds an active Kazakhstan AFSA license confirmed on the regulator's own register
- Also licensed by the Financial Services Commission of Mauritius
- Low 20 dollar minimum deposit across every account type
- Offers MetaTrader 5 plus its own NeoTrade platform for stocks and CFDs
- Provides a swap free account option for Islamic finance clients
Cons
- Main licenses come from Mauritius and Kazakhstan, not top tier regulators
- Leverage up to 500 to 1 is far above UK or EU retail limits
- Some watchdog sites still rate it as a higher risk broker
- Serves clients in Russia, unlike many EU or UK regulated brokers
- UAE Neomarkets Mena license covers advice, not full brokerage activity
Neomarkets is a CFD broker offering forex, metals, energy, indices, and stocks through MetaTrader 5 and its own NeoTrade platform. Neomarkets Group Ltd holds an investment dealer license from the Financial Services Commission of Mauritius. A related firm, Neomarkets Ltd, holds an active Kazakhstan AFSA license, confirmed on the regulator's own public register.
Accounts open with just a 20 dollar minimum deposit, and leverage runs up to 500 to 1, far above FCA or CySEC caps. Spreads start near 0.9 pips on major pairs. Neomarkets also lists a UAE license for Neomarkets Mena, though this looks more like an advisory license than full broker oversight.
Mauritius and Kazakhstan give far less investor protection than the UK, EU, or Australia, and some watchdog sites still flag Neomarkets as higher risk for this reason. It also accepts clients from Russia, unlike most EU or UK regulated brokers. Treat the high leverage and offshore oversight as real risk factors, not just fine print.
Min. Deposit
USD 20
Max Leverage
1:500
Spreads From
About 0.9 pips (0.00009) on major pairs
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
