Name of the brand, the owner’s name, everything reminds of companies actually registered somewhere and actually regulated. But Neo Omatic is definitely not one of those. Stay with us till the end of this Neo Omatic review, and you will see who this broker actually is. Let’s start.
| Regulated by: | No regulation |
| Headquarters Country: | Commonwealth of Dominica |
| Foundation year: | 2020 |
| Supported Platforms: | Web trader |
| Minimum Deposit: | $250 |
| Types of Assets: | FX, commodities, stocks, indices, cryptocurrencies |
| Maximum Leverage: | 1:300 |
| Demo Account: | No |
Neo Omatic Regulation and Security
Neo Omatic is a brand owned by Melliflouous Group Ltd, based in the Commonwealth of Dominica. We’ve searched the broker in Dominican’s register, but there was no mention of Neo Omatic or its alleged owner.
As mentioned, all these names remind of regulated entities; Mellifluouos Trading Ltd is a CySEC regulated company, while there is Melliflouous Ltd based in the UK, also a registered company. None of these is related to Neo Omatic broker.
We can safely say that Neo Omatic is unregulated and not a legit trading brokerage.
Can I make money with Neo Omatic?
Picture this – you invest $250 (the minimum with Neo Omatic) and start trading. After a while, you cannot make withdrawals. Where do you go? To who can you complain? There is no regulatory body standing behind the company, and it’s based offshore. This means that, most likely, you will never be able to track it down.
Now picture this – you are trading on Neo Omatic web trader, and all of a sudden, some new trades appear that you never opened. Or the trades you’ve opened are changing somehow. It’s Neo Omatic having access to the back of the web trader and making all these changes in order for you to lose your funds.
Also, the leverage this broker offers is up to 1:300, meaning that your funds are at constant risk.
After saying all this, you tell us, can you make money with an unregulated offshore broker? Of course not! Be aware of the Neo Omatic scam!
Scammed by Neo Omatic?
What to do if you already got involved with this broker and got scammed? The solution is simple. You need to file a dispute and request a chargeback.
But what is a chargeback? A chargeback is a way of refunding your card in case you were scammed online. You need to prove you’ve been scammed, and the funds will be taken from the merchant and sent back to you.
If you had a bad experience with Neo Omatic or any other scam broker, contact our support team via chat now! Let’s get your money back!
What is Neo Omatic?
Neo Omatic is an online trading broker based in the Commonwealth of Dominica, operating with no regulation.
Is Neo Omatic a scam?
Neo Omatic is a broker operating from an offshore country with no regulation. We can say that the broker is running a scheme.
Is Neo Omatic regulated?
No. Neo Omatic is a broker based in the Commonwealth of Dominica and has no regulation by any authority body.
