WikiFX

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Speaking from my experience as a forex trader who values security above all, I approach Neomarkets with considerable caution. The first thing that stands out to me is the broker’s lack of valid regulation. According to the information I reviewed, Neomarkets claims to be regulated by the AIFC, but there is no substantiated licensing, and it is considered unregulated by industry standards. For me, regulatory oversight is fundamental because it sets minimum standards for fund protection, dispute resolution, and operational transparency. The absence of this framework exposes traders to high risks and little recourse if something goes wrong. While there are some positive user experiences regarding a varied selection of assets and an intuitive platform, I need to stress that Neomarkets does not offer MetaTrader 4/5; instead, it provides a proprietary trading platform that may not have the proven track record or advanced tools that seasoned traders rely on. The minimum deposit is accessible and the leverage appears attractive, but these factors do not compensate for the lack of regulation and transparency about fees and account terms. Personally, unregulated brokers never meet my standards for safety—especially given the risks associated with online trading. Even though I saw no direct reports of missing funds or poor execution, trust requires objective safeguards, not just user anecdotes. Until Neomarkets obtains recognized regulation and demonstrates transparent business practices, I do not consider it a reliable or secure choice for my trading capital.