Trade 360 Reviews 2020

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Trade 360 Reviews 2020
Price
Quality
Guarantees
Support
Summary

Read this Trade360 broker review before opening your account. Is this a Reliable Forex Broker? Find out more with our AtoZ Markets Forex broker review of Trade360. 

Trade360™ offers CrowdTrading, which is a new and revolutionary concept in online trading. It is often referred to as trading according to the “Wisdom of the Crowd”. CrowdTrading is a technique by which Traders observe the majority and minority trading decisions of the Crowd.

We have done an extensive review of the company and found it legit and recommendable. This broker provides maximum flexibility on deposit requirements for all traders. At AtoZMarkets.com, we have a readers-first policy. Thus, we always put our readers’ safety as a priority in our business line. We will never satisfy ourselves with Brokers’ public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly.

For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s history, services, and reputation. The very same standards apply in the case of this Trade360 broker review. Please go through this article on how we conduct our broker reviews.

Company

8 /10

Trade360 is a Forex and CFD broker that was established by experienced technology experts. Trade360 is owned by Crowd Tech Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission with license number 202/13, and registered office at 116 Gladstonos, M. Kyprianou House, 3rd & 4th Floors, 3032, Limassol, Cyprus. Trade360 was established in 2013 and gained popularity for its innovative technology and trading platform. This broker offers trading opportunities for more than 400 trading instruments through its online platform as well as the powerful MT5 platform.

In the 'Best execution policy' document, the company states that its liquidity provider is 'PX Exchange', moreover, it is the only execution venue for all client orders. Trade360 acts as agents to transactions of all clients. The company has been honoured with several awards on a few occasions. 

The awards were basically in recognition of the excellent service in the field of innovation. In 2016, Trade360 was awarded by AtoZforex.com as a "Forex Innovator". Moreover, Trade360 won the "Most Innovative Social Trading Technology" award by The European Global Banking & Finance awards 2017. 

Pros & Cons

Pros

  • Crowd Trading opportunities are very exclusive.
  • Worlds famous and influential MT5 platform
  • Daily market report and an economic calendar.
  • Lots of trading instruments including, forex, stock, indices, commodity and ETFs.
  • Award-winning broker for innovation and technology.

Cons

  • The minimum deposit is 500$.
  • No MT4

Trust

8 /10

Trade360 uses two layers of firewall protection- one at the application level and one at the server level. This decision is taken to ensure that no unauthorized access attempts are allowed.

It uses advanced Verisign SSL to authenticate users and data transfers. The server that handles traders' online activity is separate from the transaction information, which is stored on another data server.

Moreover, it uses two separate server farms in two different locations. Since data should be synchronized to both locations, it cannot be tampered with, and encryption ensures that all the data on servers is secure. 

Armed guards protect the server farms at all times. Any unauthorized personnel is forbidden to enter the premises of the server farms.

Trading Platform

9 /10

Trade360 offers the Online trading platform that is its proprietary platform. It is used by the innovative technology that is known as the CrowdTradingTM'. The logic behind this trading platform is that traders can excel when they know exactly how other traders are performing the markets in real-time. It is a web-based platform and can run on any operating system. 

Moreover, it offers an MT5 trading platform which is an advanced trading platform for the professional trading of forex and CFDs. It is a sophisticated, fast, and loaded platform with lots of essential tools for trading and analytics.

#1 Trade360 Online Trading Platform

The trade330 platform is available in mobile apps and ten languages. It is the default platform that is available to all clients upon registration. 

Here are some of the features of this platform: 

  • The 'buy', and 'sell' prices are displayed in real-time. 
  • The Account management options include deposits, withdrawal requests and verification documents upload.
  • Traders' can see every instrument with the percentage of buy' and 'sell' orders to understand the sentiment. 
  • Advanced charting used six chart styles on ten timeframes.
  • The live feed shows the Crowd generated events like trend spotting, trend reversal, etc.
  • More than 115 technical indicators and 20 analytical tools are available for technical analysis.
  • Exclusive analysis from Trading Central.

#2 Trade 360 MT5

This platform is developed with the MQL5 programming language that is a downloadable Windows desktop application.

Some features of the MT5 platform is mentioned below:

  • The market watch window shows the bid' and 'ask' prices of all the instruments in real-time.
  • Advanced charting allows multiple charts, up to 100 at the same time.
  • Three different chart styles on each asset price with up to 21-time frames.
  • MT5 has 38 inbuilt technical indicators.
  • It has the 'Auto Trading' options with Expert advisors (EAs).
  • The 'Market' tab provides access to the MQL5 market with lots of indicators and EA's.

Account Types

8 /10

The account types depending on the trader's investment and platforms they want to use. All accounts are eligible to trade on the CrowdTrading technology. The MT5 platform is available for all accounts except the Mini account. 

Eligible clients can be separated from Professional clients according to the rules of CySEC. Professional clients' status is fixed for experienced traders only who have considerable assets in their portfolio with the value of $500,000 and more. It should be pointed out that professional clients do not get the protection like non-professional clients as they seem to have significant trading knowledge. 

The following account types are available: 

  • Mini account: The minimum investment required for this account is $500. Trading signals and live CrowdTrading feed are available for this account. Traders can have 24/5 customer support. 
  • Standard360 account: The minimum required deposit is $1,000 for this account. The average spread if EURUSD starts from 3 pips. Traders will have the opportunity to trade in the MT5 platform.
  • Gold account: The minimum deposit for this account is $5,000. Account-holders will get exclusive market updates with push and SMS notifications. Besides live chat support, traders can trade in MT5. 
  • Platinum account: The minimum deposit for this account is $10,000. Account-holders get the same services as Gold account clients. The EURUSD spread is also from 2 pips. 
  • Islamic360: The minimum deposit for the Islamic account is $10,000. Therefore, rollover charges do not apply to this account. Islamic360 accounts are available on request. 
  • VIP account: The minimum deposit for the VIP account is $50,000. The EURUSD spread for this account starts from 2 pips.

Cryptocurrency

7 /10

At Trade360 you can trade Bitcoin/ US Dollar CFD’s only with fixed leverage of x4.

Costs

6 /10

The spread of trading accounts starts from 2 pips to 4 pips in EURUSD. Moreover, trading positions that are held open overnight incur a commission that is charged, or paid, depending on the direction of the position. This happens at 00:00 GMT. Commissions are subject to change under market conditions and liquidity.

On the other hand, Trade360 does not charge any deposit and withdrawal fees.

Customer Support

8 /10

Traders can access the FAQ section to go through the most of the generally asked questions. Moreover, Trade360 contact methods include live web chat, fax, email, and call request.

Regulation

8 /10

Trade360 is the trading name of 'ST Services Ltd. Crowd Tech Ltd runs the European arm of Trade360. It is a registered company in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). The license number for this company is 202/13.

Conclusion

The Trade360 offers the opportunity to trade with a lot of trading instruments including Forex, Indices, stock, commodities, ETFs, etc through all of its trading accounts. The exclusive cloud trading opportunity makes the company unique and innovative in the industry. 

Alongside this, you can easily see the market sentiment of all Trade360's community of traders, which makes it easier for you to make trade decisions.

Trade360 Broker Review – Is it trustworthy?

One of the first things any trader should realize before entering a financial market, whether it’s Forex, stocks, or just about anything else, is that they need a credible broker, someone they can trust. As you may already know, brokers are your partners in trading: they connect you with liquidity providers that basically give you the trading assets, they also provide various tools, features, and indicators that help you reap as many profits as possible.

Unfortunately, the internet is full of fraudulent brokers whose only goal is to trick new clients into their Ponzi scheme and steal their money. And it is not as easy to distinguish scammers from the real brokers these days. Fraudsters have learned how they can turn a mediocre trading platform into an attractive one, offering huge leverage ratios, incredibly shallow spreads, and features like that.

All that being said, it’s still not impossible to find a credible brokerage. It just takes some time and effort to do so. On our part, we’d like to help you in the selection process, that’s why we offer this Trade360 review where we’ll take a look at the broker’s website, licensing, trading terms and conditions, and other important aspects.

Initial impressions

Despite a huge number of platforms offered in recent years, Trade360 Forex broker seems to be offering the users something new. The broker seems to be providing absolutely new and innovative concept, that focuses mainly on the principle called “wisdom of the crowd”, which gives users an opportunity to view the market sentiment before opening a position. The promises this company makes are great. After all, understanding the market sentiment before you make this trade allows you to make a trade that actually benefits you to the fullest.

How does the company do this? We are not entirely sure, but we know one thing for sure: this is not a trait unique to the website, as there are indicators that provide the same service, across all brokers and platforms. However, it certainly doesn’t mean that the broker should be criticized for doing something that’s already been done. Instead, we have to commend it for taking a service and offering its own version of it.

The broker claims that it is licensed and regulated, which would set it apart from many other companies, and once we actually see the license, there’s pretty much nothing to discuss here: Trade360 Forex broker has a CySEC license that guarantees there’s no scam or fraud going on. Unfortunately, the internet seems to not to be convinced about the credibility of Trade360. There are many Trade360 reviews and most of the focus on one specific aspect – that the broker is not everything that it seems.

However, upon reading those reviews in person, we weren’t able to find out exactly which part about the broker seems fraudulent or inferior. We’re suspicious that those reviews are what’s called “anti-promotional” pieces that work to denigrate the broker intentionally.

The website

Starting off, let’s talk about the website – its design and informative aspect. As for the interface, it looks quite streamlined and modern. Although there are some visual effects and decorations that would be better if omitted completely, they don’t turn the website into a mess by any stretch of the imagination.

As for the informative aspect, virtually every detail that a trader would want to know about the broker is disclosed on the platform. There are 13 different thematic sections that include information about crowdtrading, trading platforms, terms and conditions, and much more. So, if you want to find out what the leverage ratios or spread levels are, or want to see which instruments you can use in trading, you can simply go to the drop-down menu and find an appropriate section.

Trade360 Review: Signals

Trade360 FX brokerage is able to present the trader with accurate signals based on the collective thinking of various trade groups. The process is very easy to understand. For each asset, the platform displays tickers, showing bid and ask prices and the percentage of traders that have opened either a long or a short position at a time on the particular instrument. For example, at a specific moment, the percentage of traders with opened long positions on the S&P 500 in comparison to those with short positions is 67% to 23%.

Traders can monitor the crowd’s sentiment before making a trade, which gives them a huge advantage over those using alternative trading platforms. It allows traders to understand what the most appropriate next step in their trading will be. Although this seems to be a little bit of a counterproductive option for trading. If the market sentiment is constantly on display, people will try to either follow it or go against it, which will cause the market sentiment to become more volatile. In reality, if all users see the same data, they will act the same way on it, reinforcing a trend that might have gone differently and result in many traders to lose money once the rest of the market decides to not follow the trend anymore.

For this reason, the broker advises its customers to treat this feature very carefully. They may think that the tool gives them an accurate prediction of the future price movement but the next thing they know, the whole trading community takes exactly the same step. And again, since the broker is warning its clients of this pitfall, our Trade360 opinion jumps to a whole new height.

Besides this feature, which allows users to examine the market participants’ opinions on a certain instrument, the platform offers one more important feature. An indicator that is displayed on the right side of the screen, it shows unexpected movements in crowd sentiment and the speed of these swings for all the instruments. This way, traders can be ahead of the curve and be ready to jump at the opportunity once it’s there.

Trade360.com Review: Indicators

As mentioned above, a feature like this makes the broker more convenient to work with, if, obviously, the broker is trustworthy enough in what it provides. In essence, an indicator such as this makes the trading process more convenient, as the trader does not have to look up every instrument to be kept informed of the crowd sentiment. But when used for nefarious purposes, it results in the broker being able to more or less control the expectations of the trader and to use these expectations in order to benefit themselves, by trading against the traders.

In addition to the “crowd trading” feature, the Trade360 broker provides its users with access to a simple trading web-based platform, which requires no download. This feature alone would be suspicious simply because it signifies the broker’s reluctance in investing in their products. Besides, a WebTrader platform is much more prone to fraudulent financial schemes than the more universal ones like MT4, MT5, and cTrader.

Fortunately, the Trade360 MT5 is also available on the website. Alongside it comes a horde of different trading tools and indicators, economic calendars, and many more, making sure that the experience on Trade360 is as top-notch as it can get.

Applications for both iOS and Android devices are also available. This broker offers a simple account opening procedure, which allows users to set up their accounts momentarily. Both the funding of the account and withdrawing money can be done using a Credit or Debit Card, eWallet, or Bank Wire, with processing time revolving around three business days. Judging from the financial platforms available on the platform, we can safely say that Trade360 withdrawals and deposits are done with the most stable and trustworthy platforms you can find in today’s financial world. And even though we’d be thrilled to see some other platforms like PayPal and Bitcoin, we’re still impressed by the variety of existing platforms anyway.

Trade360 Opinion: Account types

Traders are offered the opportunity of opening both demo and real money accounts with a reasonable minimum deposit requirement of $500, and high leverage, such as 200:1 on commodities, 20:1 on stocks, 50:1 on indices and CFDs, and 400:1 on FX. Moreover, traders, who have verified their phone numbers, are offered a $50 cash bonus when opening a real account.

For opening a new demo account, users are offered a bonus of $60. Trade360 has the following starting spreads on trading instruments: 1.8 pips on FX pairs, 5 pips on commodities and stocks, and 0.8 pips on market indices.

Trading terms and conditions

Last, but certainly not least, let’s talk about trading terms and conditions and how they stack up against their market average counterparts. Let’s start with leverage. As noted above, Trade360 offers a maximum of 400:1 leverage ratio, which is really useful for many traders, both novice and experienced. Here’s how it works:

Say you want to open a trade for one lot (100,000 currency units). Usually, you’d need to deposit all that money from your own pocket, which is obviously a serious financial toll to anyone. And we’re not even mentioning the fact that there are more chances of losing that money than making it generate more profit.

But you could refrain from spending your own money and instead, use the leverage. With this feature, a trader can borrow money from their broker and put it in an actual trade. With the 400:1 leverage offered by the Trade 360 FX brokerage, you could open the same position for one lot but deposit just a fraction of it from your pocket: 100,000/400=250 currency units. And what’s more, you can expect the profits that are 400 times more than what you’d get with your $250 account balance.

As for spreads, the broker doesn’t go too overboard with this feature as it needs a stable source of income for funding its platform. Currently, the lowest spreads you get on Trade360 can be found within the Diamond account package for Forex pairs like EUR/USD, GBP/USD, USD/JPY, etc. But what does it mean the broker needs a source of income?

Well, there are two main sources of income for the majority of brokers: commissions and spreads. With Trade360 Forex broker, there are no commissions on transactions or trades, therefore, the only real income can come from spreads. And here’s how they work: when a trader buys an asset, say, EUR/USD pair at a 1.2345 exchange rate, they cannot sell it for the same price. If they want to sell the pair at exactly the same time without the price change, the broker will give them a lower price, something around 1.2343. This way, a trader will get fewer US dollars for selling their euros. The difference between the bid and ask prices is what constitutes spreads and what brings income to the broker.

Is Trade360 legit? The verdict

Now let’s do a quick summary of everything the broker has to offer. The broker offers a low initial deposit and high leverage for trading, the spreads on trade instruments are also very reasonable, and while not the tightest in the market, they are nonetheless quite acceptable. Opening accounts by US citizens is prohibited. All of this wouldn’t mean anything if the broker didn’t have any regulatory material that limited its actions.

Yet we were able to find a stable CySEC license that works in the European Union and represents one of the highest-quality financial materials in the industry. With this license, the suspicions about the Trade360 scam are just suspicions and nothing else.

What would potentially scare us most is the unique feature of “crowd sentiment”, which could be used by the broker in order to manipulate the traders into trading the way the broker wants them to and the way the broker would benefit from the most. However, Trade360 itself warns its potential and existing clients that trading with this tool is pretty dangerous and they should tread carefully if they decide to use it.

All of these above-mentioned offerings and trading conditions constitute a trading service that is decent at least and impressive without overstating things. We believe that Trade360 is a trustworthy broker and it deserves to be treated as such!

Trade360 is a proud and confident broker that showcases what it can do for traders. It’s still a relatively new broker, having only started in 2013. But it’s already making waves in the market. Most traders search for tenured brokers, but this one doesn’t need decades of history to prove its efficiency.

The Trade360 broker offers an advanced new way to trade. The so-called CrowdTrading is a new online trading method that focuses on the idea that a group of people can come up with better ideas than those that come from only one person.

Trade360 CrowdTrading is a Cypriot merchant domiciled in Cyprus and directed by CySec (Cyprus Securities and Exchange Commission). Cyprus is a controlled and notable residence for businesses. They are likewise secured by the MiFID guideline. Trade360 is under consistent investigation, scrutiny, and audit.

CrowdTrading is something only Trade360 offers. That makes this broker very unique and in-demand for traders who want to try such a method. And if you’re going to ask us if it’s worth a try, we’d say yes. And that’s what the next part is about.

NOTABLE FEATURE/S: CrowdTrading

We can appreciate Trade360’s CrowdTrading feature better if we know how it works. So here’s a simple explanation: Trade360 has taken the idea of group thinking. At the core of their platform, there’s a unique live feed.

There are different boxes with different Crowd Events where you can explore before you open a trade. There’s a Live Feed that shows you the latest trends, which are your money-making opportunities. You go with the flow of the crowd, or you can go against the tide. It’s totally up to you.

Also, when you’re in for a buying spree, you can use Crowd Data to predict the upward momentum’s duration.

The Live Feed is always up to date and you’ll get the full view of overall activity in the market. There are also different Crowd Events you can watch. This means you can always be on the pulse with the market.

This comes greatly with Trade360 superb trading execution and flexible features. You can trade with more information backing up your position. It’s less risky and more technically feasible.

Facebook and Google+ records might be connected to the trading account, permitting an extra social measurement to the trading experience.

A monetary reward of USD 50 is presently being offered to new dealers opening genuine records. Likewise, there is a USD 60 reward for taking an interest in their Practice Area, just as a cashback per exchange offer.

TRADE360 REVIEW: CLIENT ASSISTANCE SERVICES

Trade360 offers a wide scope of help administrations, except for any sort of overseen record or speculation exhortation:

General Market Analysis – Traders will be able to understand the market with Trade360’s driving specialized and major examination.

Stage Walk-Through – Complimentary eBook control, with full clarification of how to function with Trade360’s exchanging stage.

Specialized Support – Receive help for any specialized issue that may emerge.

Help in Opening as well as Closing Positions – Assistance with essential exchanging highlights.

Record Support – Receive support for any broad issues in regards to your record.

Help with Deposit as well as/Withdrawal Problems – Assistance with bombed stores postponed withdrawals, and so on.

There is no live chat function at present. Help by Trade360 is provided by phone and email.

TRADING CONDITIONS

Minimum Initial Deposit

To open an account with Trade360, dealers need to contribute a minimal initial deposit, which is at least USD 100.

Commissions and Spreads

Trade360 offers fixed spreads, which adds up to 1.8 pips for the EUR/USD pair, which is low worth, as most fixed-spread merchants offer spreads of 2 pips (or higher) for this money pair.

Also, Trade360 charges no commissions, as is typically the situation with most fixed-spread agents, who get compensation for their administrations through the spread.

Leverage

The maximum leverage level offered by Trade360 is 1:400, which is viewed as a similarly high proportion. Nonetheless, numerous Cyprus-based merchants offer much higher levels – for instance, XM gives influence up to 1:888 and FXTM – up to 1:1,000. Look at a rundown of specialists, giving influence equivalent to or surpassing 1:500 here.

PROPRIETARY WEB TRADER

Trade360 offers one single trading platform: a propelled online restrictive exchanging stage. The web-based platform requires no download or programming establishment. It has an inherent, complex diagramming bundle and incorporates a single tick exchanging. It is unquestionably instinctive and simple to utilize, and far-fetched to cause issues for anybody.

The platform incorporates an inventive social exchanging component. Inside the real platform itself, you can perceive what the group is doing, allowing brokers to gain from different dealers and attempt the insight of the gathering.

MOBILE TRADING

Trade360 offers its proprietary platform. The mobile app is free of charge, 24 hours a day, and is available wherever there is mobile coverage. It provides live prices and charts, up to the minute market news and analysis, and the ability to trade on the go. All the same functionality as the web-based platform is offered.

PAYMENT METHODS

The following payment methods are available to Trade360 clients: Online and also Local Bank Transfer, Debit Card, Credit Card, as well as popular e-wallets like Skrill and Neteller.

This broker charges no deposit or withdrawal fees.

TRADE360 REVIEW: What do we think?

Trade360 lets you trade with other traders instead of against other traders. In a competitive market, it’s not all bad to check how other traders are doing. After all, it’s the trading population that really moves the market.

The benefits of being with Trade360 don’t end in there. You can enjoy fast executions, superb trading platform, and advanced technology.

We think the virtue of being in the loop at all times is what attracts traders to this broker. It’s a very good way for newbies to learn the ropes, while traders with more experience find CrowdTrading as a very useful method to know what’s really happening in the market.

Needless to say, a chance to trade with this broker is a good chance to make good money in trading. Trade360 has all the necessary tools for smooth trading, with more perks and functions.

Trade360 Guide

Trade360 are an online broker founded in 2013 offering Binary Options trading.

Trade360 are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Trade360 we break down the pros and cons. What Trade360 are able to offer, what countries Trade360 are available in. Who Trade360 are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Trade360

With this review we hope to help you see if Trade360 is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Trade360 that will help you get off to a good start in the world of online trading.

Trade360 offer one way to trade: Binary Options.

With Trade360 you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Trade360 platform.

Trade360 are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Trade360 safe?

When choosing a broker like Trade360 the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2013, and in operation for 7 years Trade360 have a head office in Cyprus.

Trade360 is regulated. This means Trade360 are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Trade360, this will be honored. If Trade360 violate any regulatory rules their regulated status could be stripped.

Any payments funded to Trade360 accounts by traders are held in a segregated bank account.

For added security Trade360 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Trade360. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Trade360 Pros and Cons

What we like about Trade360

  • Used by over 10,000 traders
  • Established in 2013
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $1

What we don't like about Trade360

  • Doesn't allow scalping
  • Not FCA Regulated

Trade360 Financial Regulation and Supervision in more detail

We have checked and Trade360 is regulated and supervised by reputable organisations. You are able to check every Trade360 supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Trade360. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Trade360 traders and provide a safe trading environment.

  • Cyprus Securities and Exchange Commission (CySEC)

Trade360 is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Trade360 you should be sure they're legitimate online agent.

Trade360 General Fees

  • Trade360 doesn't charge withdrawal fees
  • Trade360 does charge inactivity fees
  • Trade360 does charge deposit fees

Trade360 Commissions

  • Trade360 does charge commission on CFD instruments.

What can you trade with Trade360?

Be aware that Different entities under Trade360 Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Trade360 over 100 instruments infact.

If you are looking at trading currency pairs Trade360 offer over 15 currency pairs.

Trading on Trade360 web platforms and other applications

Trade360 offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Trade360 also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

Trade360 Trading benefits :

  • Offers STP
  • Low min deposit

Trade360 Trading Accounts Offered :

  • Mini account
  • Standard account
  • STP account
  • Islamic account

Can I try Trade360 before I buy?

Trade360 offer a demo account so you can try before putting down funding payments. 

Trade360 withdrawal and funding methods.

Please note that the list of payment methods below depend on the Trade360 Entity and the Clients Country of Residence.

Trade360 offer the below funding payment methods. 

  • Credit cards
  • Bank Transfer
  • Neteller

How can I start trading with Trade360?

When opening a trading account with Trade360, you will need to sign up. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Trade360 trading platforms here.

Performing trades with Trade360

With Trade360, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Trade360 offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Trade360

To trade effectively with Trade360, it's important to get a have a good understanding of the Trade360 trading tools and the markets.

Trade360 offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Trade360.

Take time to look around the Trade360 platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Trade360

Trade360 support a limited number including

Trade360 have a double AA grade support rating because Trade360 offer live chat and email support in multiple languages.

Livechat Support at Trade360

Trade360 does not offer LiveChat Support.

Email Support at Trade360

We sent several emails to Trade360 and answer times overall were excellent. The fastest response from Trade360 was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Trade360, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Trade360.

Phone Support at Trade360

We called Trade360 and the call was answered very quickly. The call was answered in less than 5 minutes.

The Trade360 phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Trade360 team by calling in varying languages. Trade360 made an effort to make sure our queries were answered.

Overall great phone support from Trade360.

What you will need to open an account with Trade360

As Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Trade360 Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Trade360's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Trade360 you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.trade360.com/ on 12th August 2018.

Is Trade360 A Good Broker?

We spent over 3 months examining Trade360 in depth. Although we found some very useful aspects of the Trade360 platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Trade360 broker.

  • Trade360 have a good track record of offering Binary Options.
  • Trade360 has a history of over 7 years.
  • Trade360 has a reasonable sized customer support of at least 10.
  • Trade360 are regulated by Cyprus Securities and Exchange Commission (CySEC). This means Trade360 fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Trade360 have regulation from a Tier 1 reputable country.
  • Trade360 has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Trade360 have an international presence in multiple countries. This includes local Trade360 seminars and training.
  • Trade360 are able to hire people from various locations in the world who can better communicate in your local language.

TRADE360 Frequently Asked Questions

Can I try Trade360 before I buy?

Trade360 do not offer a demo account so it looks like you will have to sign up for at least a trial period.

What funding methods do Trade360 accept?

Please note that the list of payment methods below depend on the Trade360 Entity and the Clients Country of Residence.

Trade360 offer the following funding payment methods accept Credit cards, Bank Transfers, Neteller, Wire Transfer, among other payment methods.

Losses can exceed deposits

Is Trade360 safe?

Trade360 are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Trade360 accounts by traders are held in a segregated bank account. For added security Trade360 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Trade360 trading good?

Trade360 is considered good and reputable to trade with. Trade360Trade360 is used by over Trade360 active traders. Trade360 offers Binary Options trading. Minimum deposit with Trade360 is 1.

Is Trade360 trading Legit?

Trade360 was founded in Cyprus in 2013. Trade360 has been facilitating trade on the financial markets for over 7 years. Trade360 offers clients Binary Options trading. All funds deposited to Trade360 are held in segregated tier 1 bank accounts for security. Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Trade360 a good broker?

Trade360 is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. Trade360 allows Binary Options trading.

Is Trade360 trustworthy broker?

Trade360 can be considered trustworthy. All money funded to Trade360 is placed into a segregated tier 1 bank account. this means your money in not held by Trade360 directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Trade360?

The minimum deposit to trade with Trade360 is 1.

How long do Trade360 withdrawals take?

Withdrawing money from Trade360 processing time varies but averages 2-5 days.

Is Trade360 regulated?

Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC).

Is Trade360 a market maker?

Trade360 is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Trade360?

When opening a trading account with Trade360, you will need to sign up. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Trade360 trading platforms here.

Is my money safe with Trade360?

Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Trade360 is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Trade360, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Trade360 a con?

Trade360 is regulated and well established having been in business for over 7 years. Trade360 is definitely not a con.

Can you make money with Trade360?

Although traders have had great success with Trade360. Trading on the financial markets with Trade360 is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Trade360 have fees?

Trade360 doesn't charge withdrawal fees. Trade360 does charge inactivity fees. Trade360 does charge deposit fees.

When was Trade360 founded?

Trade360 was founded in 2013.

How many people use Trade360?

Trade360 is used by over 10000 registered traders.

What is Trade360 Headquarters country?

Trade360 has its head quarters office in Cyprus.

Does Trade360 offer negative balance protection?

Trade360 does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Trade360 offer guaranteed stop loss?

Trade360 does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Trade360 allow scalping?

Trade360 does not offer scalping.

Does Trade360 allow hedging?

Trade360 does not offer hedging.

Does Trade360 offer CFD trading?

Trade360 does not offer CFD trading.

Does Trade360 offer STP?

Trade360 offers STP trading.

How many people use Trade360?

Trade360 is used by over 10000 traders.

Is Trade360 an ECN broker?

Trade360 does not offer ECN trading.

Does Trade360 offer a demo account?

Trade360 does not offer demo account.

Does Trade360 offer an Islamic account?

Trade360 offers a Islamic accounts.

What are the funding methods for Trade360?

Trade360 accept the following funding methods : Credit cards, Neteller, Bank Transfer.

Trade360 is regulated by the Cyprus Securities and Exchange Commission (CySEC), offering 6 different account types to trade CFDs on Currencies, Indices, Stocks, ETFs and Commodities and the broker’s own proprietary web-based trading platform, as well as on MetaTrader 5.

Trade360 was founded in 2013 and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name Crowd Tech Ltd and, therefore, segregates client funds from company funds and stores personal data using SSL encryption.

The broker offers 6 different trading accounts that are commission-free and come with varying minimum deposits, services and features. The accounts are called Mini, Standard 360, Gold, Platinum, VIP and Islamic360. Every account enables access to the broker’s own Live CrowdTrading Feed where users can see what other traders are doing.

With Trade360 users can trade on the broker’s own proprietary online trading platform and mobile trading app as well as on the globally-recognised MetaTrader 5 trading platform. The broker offers limited trader research and education tools with just an Economic Calendar on their homepage.

However, the Trade360 CrowdTrading Feed does act as a form of research as the algorithm aims to identify crowd-generated trading events. The feed also shows trading signals from Trading Central but users will need to fund their accounts with at least 1,000 USD to access them.

Pros: Cons:
  • CySEC regulated.
  • Commission-free trading available.
  • Multiple asset classes offered.
  • CrowdTrading Algorithm in the online trading platform.
  • Non-existent education and market analysis.

Investor Protection & Regulations

Trade360 is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name Crowd Tech Ltd, thereby, offering segregated client funds.

Trade360 is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name Crowd Tech Ltd, as confirmed on the CySEC register below:

As such, the broker has to adhere to CySEC regulations such as keeping client funds segregated from company funds. Trade360 also advertises the use of SSL encryption when dealing with personal data.

Tradable Products

Trade360 offers users the ability to trade on more than 500+ instruments covering CFDs on Currencies, Stocks, ETFs, Indices and Commodities.

Trade360 offers users the ability to trade on more than 500+ instruments covering CFDs on Currencies, Stocks, ETFs, Indices and Commodities.

Below is a list of just some of the available markets for trading:

Forex  Shares Indices
USD/RUB Total CAC 40
USD/RON Microsoft DAX 30
GBP/INR Ferrari Nikkei
EUR/USD ETFs Commodities
CAD/JPY BNO Gold
AUD/NZD EEM Natural Gas
AUD/CHF EWD Oil

* Details regarding the available assets are taken from the Trade360 website and trading platform and are correct at the time of this review.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the instrument being traded and the account type opened.

Account Opening

Trade360 provides users with a choice of 6 different trading accounts called Mini, Standard 360, Gold, Platinum, VIP and Islamic360.

Trade360 provides access to 6 different trading accounts called Mini, Standard 360, Gold, Platinum, VIP and Islamic360. The broker also offers the use of a demo trading account.

Each account comes with different minimum deposits with the Mini account the lowest at 500 USD minimum deposit and the VIP account the highest at 50,000 USD minimum deposit. All accounts offer 24/5 live chat support, as well as the ability to access the Trade360 Live CrowdTrading Feed, directly from the broker’s online trading platform.

To open an account, users simply need to click on the Join Us button on the broker’s website. This will then open up the form, as shown below where users need to input name, email, password and telephone details:

Once this has been done, users are then taken to the Trade360 online trading platform. From here, users can access trading tickets, charts, the Live CrowdTrading Feed, signals from Trading Central, as well as deposit and withdrawal options and an Upload Document section to verify the account.

To verify accounts, users will need to upload documents to confirm proof of identity and proof of residence, as shown above. Users can also navigate between Practice and Live accounts from this area.

Deposit & Withdrawals options

Trade360 offers a wide variety of deposit and withdrawal methods which include bank wire transfer, debit and credit cards, Neteller, Skrill, Trustly, PaySafeCard, Rapid and Sofort.

Trade360 offers a wide variety of deposit and withdrawal methods which include credit and debit cards, bank wire transfer and a variety of e-wallets such as Neteller, Trustly, Skrill, PaySafeCard, Rapid and Sofort, as shown below when clicking the Deposit tab when logged into a Trade360 trading account:

According to the broker’s own FAQ section, there are no deposit fees:

Users can withdraw funds easily by clicking the Withdraw Funds tab when logged into the online trading platform. The following ticket pops up:

Withdrawals are processed within 3 days of the request and can only be done via the payment method used for the initial deposit. The broker also advertises fee-free withdrawals, as confirmed below:

Web & Desktop Trading Platforms

Trade360 offers users the ability to trade on their own browser-based online trading platform, as well as on MetaTrader 5.

Trade360 offers users the ability to trade on their own online, browser-based, trading platform. The platform comes with advanced features such as the exclusive CrowdFeed, as shown below:

The platform also offers advanced charting capability and swift order entry, as shown below:

A more detailed look at the Trade360 online trading platform can be found in the video review. Below is a screenshot of the Trade360 online trading platform:

The broker also offers the ability to trade on the globally-recognised MetaTrader 5 trading platform which comes with its own features, such as:

  • Multi-asset class trading.
  • View 21 different timeframes.
  • Use MQL5 for algorithmic trading.
  • Virtual hosting (VPS) for 24/5 trading.

Mobile Trading Platforms

Trade360 allows users to trade on their own native, feature-rich, mobile trading app for Android and iOS operating systems.

Trade360 allows users to trade on the broker’s native and feature-rich mobile trading app for Android and iOS operating systems. The app can be downloaded from the broker’s website or from the Apple App Store or Google PlayStore.

With the Trade360 mobile trading app, users can:

  • View the exclusive Live CrowdFeed.
  • Manage and track account activity.
  • View and trade on real-time charts across multiple asset classes.
  • Download it for free.

Trading Features

Trade360 provides a range of additional trading features such as their own exclusive Trade360 Advanced CrowdTrading Algorithm and trading signals from Trading Central (for accounts with at least 1,000 USD).

Trade360 provides a range of additional trading features such as free access to their own exclusive Trade360 CrowdTrading Algorithm. This enables users to analyse other people’s trading activity to spot crowd-generated events, such as Trend Spotting, Trend Reversals, Surge in Openings and more.

Users can also access free trading signals from Trading Central. All of these features are easily accessible when logged into the Trade360 online trading platform and is located on the right side of the page, as shown below:

However, to access features from Trading Central users will need to deposit at least 1,000 USD in their trading accounts:

Commissions & Spreads

Trade360 offers commission-free trading with varying spreads and overnight swap-rates depending on the market and account type opened.

Trade360 offers commission-free trading with varying spreads and overnight swap-rates depending on the market and account type opened. The broker does provide typical spreads for the different instruments available to trade on different accounts, as shown below:

Bonus & Promotions

Due to restrictions set by the regulative body, Trade360 does not offer a bonus or promotional scheme.

At the time of writing, there are no bonus or promotional offerings advertised on the Trade360 website.

Customer Support

Trade360 offers 24/5 multilingual client service via a Live Chat function, an Online Contact Form and dedicated Telephone and Email support.

The Trade360 client desk is available 24/5 and offers multilingual support in English, French, Arabic, Polish, Dutch, German, Spanish, Italian and Turkish. Clients can contact support agents via Live Chat, Telephone, Email and an Online Contact Form.

The Live Chat is available 24/5 from Sunday 5:00 GMT to Friday 13:00 GMT. After initiating the chat, a representative replied to our query within minutes as shown in the screenshot below. The support agent was polite and helpful.

The broker also offers a detailed FAQ section for help in using their trading platform and account issues.

Research

Trade360 provides limited market research but does provide an economic calendar and information regarding other people’s trading activity with the CrowdFeed algorithm.

Trade360 provides limited market research but does provide an economic calendar which can be found on the broker’s website, as shown below:

The broker also provides research in the form of information regarding other people’s trading activity with the CrowdFeed algorithm, as highlighted in the Trading Features section earlier on. With this algorithm, users can see what others are buying and selling.

Trader Education

Trade360 does not provide any trader education but does provide an FAQ section which details some trading basics on using the broker’s online trading platform but with limited answers.

Trade360 does not provide any trader education but does provide an FAQ section which details some trading basics on using the broker’s online trading platform. However, these are only brief answers to some questions and as such is very limited, as shown below:

Trading Experience

Trade360 provides a simple trading offering suitable for both beginner and advanced traders. Users can access commission-free trading on a wide range of markets, as well as access advanced trading tools like the Trade360 Advanced CrowdFeed Algorithm.

From our observations, Trade360 provides a simple and transparent trading offering suitable for both beginner and advanced traders. Users have access to 6 different types of trading accounts which are commission but have varying minimum deposits and spreads which are not the most competitive in the marketplace.

Advanced traders may enjoy the fact the broker offers the use of the globally-recognised MetaTrader 5 trading platform, as well as trading tools such as the CrowdFeed algorithm to spot patterns in other people’s trading activity. However, to access trading signals from Trading Central users need to fund an account with at least 1,000 USD. Unfortunately, there are no educational tools for beginner traders and non-existent market research for traders.

FAQ

Is Trade360 regulated?

Yes, by the Cyprus Securities and Exchange Commission (CySEC).

Where is Trade360 based?

Trade360 is based at 116 Gladstonos, M. Kyprianou House, 3rd & 4th Floors, 3032, Limassol, Cyprus.

How does Trade360 make money?

Trade360 makes money mainly through spreads and swaps on certain tradable asset classes.

How do I deposit in Trade360 account?

Funds can be deposited into a trading account via debit or credit card, bank wire transfer, Neteller, Skrill, Trustly, PaySafeCard, Sofort and more.

What is the min. deposit for Trade360 ?

The minimum deposit for Trade360 is 500 USD.

How do I withdraw money from Trade360 ?

Withdrawals can be made from Trade360 via debit or credit card, bank wire transfer, Neteller, Skrill, Trustly, PaySafeCard, Sofort and more.

What is the max leverage in Trade360 ?

The maximum leverage offered by Trade360 is 1:400 for professional clients and 1:30 for retail clients, in line with ESMA regulations.

How do I open an account with Trade360 ?

An account can be opened at the click of a button on the Trade360 website and can be done in just a few steps.

Does Trade360 use MetaTrader?

Yes, MetaTrader 5.

Conclusion

Trade360 is regulated by the Cyprus Securities and Exchange Commission (CySEC), offering 6 different account types to trade CFDs on Currencies, Indices, Stocks, ETFs and Commodities and the broker’s own proprietary web-based trading platform, as well as on MetaTrader 5.

Trade360 was founded in 2013 and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name Crowd Tech Ltd and, therefore, segregates client funds from company funds and stores personal data using SSL encryption.

The broker offers 6 different trading accounts that are commission-free and come with varying minimum deposits, services and features. The accounts are called Mini, Standard 360, Gold, Platinum, VIP and Islamic360. Every account enables access to the broker’s own Live CrowdTrading Feed where users can see what other traders are doing.

With Trade360 users can trade on the broker’s own proprietary online trading platform and mobile trading app as well as on the globally-recognised MetaTrader 5 trading platform. The broker offers limited trader research and education tools with just an Economic Calendar on their homepage.

However, the Trade360 CrowdTrading Feed does act as a form of research as the algorithm aims to identify crowd-generated trading events. The feed also shows trading signals from Trading Central but users will need to fund their accounts with at least 1,000 USD to access them.

  • CySEC regulated.
  • Commission-free trading available.
  • Wide range of asset classes available to trade on.
  • Interesting CrowdFeed Algorithm for unique trading insights.

Trade 360 Review – The New Concept of Crowded Trading

The Forex industry has seen so many innovations that it is hard to believe that it can further develop. Well, competition never sleeps, and brokers try to outdo one another, so we can only wait what is the next to come. The Forex market is an all-around market with so many benefits that keep traders active. Many traders managed to use great trading conditions to their benefit and made a lot of money thanks to a good broker and a bit of knowledge and luck. Trade 360 is a broker who uses its own original tactic to provide great trading conditions to traders. The broker is social trading-oriented and successfully incorporated a new concept to help traders in the undefined market. What the concept is about and how the original Trade 360 approach works can be found in this Trade 360 review. Continue reading to get an idea about the so-called Crowd Trading.

Trade 360 Background Check

The broker was founded by the MPF Global Markets Ltd as a branch company specifying in the Forex industry. The broker was established in 2013 and is seated in Cyprus. As a Cypriot broker, naturally, the broker is registered with and supervised by the CySEC Commission. To extend services to the UK, the broker also secured an FCA license making the broker legit in the monarchy. With the best interest at heart, both, CySEC and the FCA, fight like lions in the dynamic market to protect the integrity, sovereignty, and transparency of the market. Trade 360 looks like any other broker who works under a bigger conglomerate, but the broker chose a unique way of business and thought of an innovative trading environment which traders seem to like.

The Concept of Crowd Trading

This concept includes following and observing what others did in the market and learning from their mistakes. Capitalize with the assistance of crowd trading for a better assessment of the market. This type of social trading enables those less experienced to learn from the experiences of more experienced colleagues and market participants. Crowd Trading goes a step further and is not only based on what others say but relies on scientific facts. Informed trading based on the assessment of collective trading enhances the trading experience. The new concept is still in the test phase, but you can join the broker to see how it works so far.

Trade 360 Platform

With the new concept, the broker also offers its proprietary platform that can match the broker’s vision. The Trade 360 platform is unique and a neatly organized browser-based platform. It offers a hundred tradable assets (CFDs, commodities, Forex, indices, etc.). The platform is trader-oriented and offers powerful tools to support the careers of many traders. The layout features many boxes by subject enabling an easy overview of the different features and options. Also, the corresponding Trade 360 mobile app is available with this broker which can be easily navigated as well.

Account Types

Trade 360 offers several accounts on its fancy home-made platform. The accounts are standardized and resemble many other Forex broker accounts. Traders have 5 different accounts at their disposal. Traders can register via Google+ or Facebook as well. The first is the Mini Account with only a $100 deposit, while the Standard account requires $1,000 to enter the Forex market.

  • Mini account ($100 min. deposit)
  • Standard account ($1,000 deposit)
  • Gold ($5,000 deposit)
  • Platinum ($10,000 deposit)
  • VIP Account ($50,000 deposit)

The Gold and Platinum accounts come at $5,000 and $10,000 entrance deposit, but therefore offer more conveniences. The VIP account is yet another league with required $50,000 to even use this account. VIP account usually come with very high deposits since if you want to trade like a VIP,y ou have to have VIP-like cash. All of the accounts have a 1:400 leverage and tight spreads. The spreads narrow down with the more expensive account types. Cashback can also be expected from the first to the last account type. SMS notifications and trading signals are only part of the 3 last (or the3 most expensive) accounts. If you are a Muslim, then you should know that swap-free accounts are offered as well, you just have to contact the support team for details.

Trade 360 Bonus

We already mentioned the cashback bonuses which are available with every Trade 360 account. Further, if you register with Google+ or Facebook, you can count on a $50 bonus, and $60 if you register with a live account.

Funding Policy

When it comes to funding, the broker has not been that creative, accepting only wire transfer, credit cards (including American Express), Skrill, and Neteller. The broker tries to handle withdrawals as fast as possible, whereas your payment method plays also a big role. Ask the support team about the specificities regarding withdrawal time and payout.

Customer Support

The Trade 360 must be very busy since traders want to know more about the Crowd Trading concept. The Trade 360 support team is available around the clock and answers all requests duly. You can reach them via phone, e-mail, live chat, and even WhatsApp.

Based in Limassol, Cyprus, Trade360 is an online broker that was founded in 2013 and is the registered name of MPF Global Markets Ltd. The company is authorized and regulated as a broker by the Cyprus Securities Exchange Commission (CySEC) with the license number 202/13. Due to its CySEC authorization, Trade360 adheres to the standards of the Markets in Financial Instruments Directive or MiFID. This European Union legislation enforces safe practice regulations and standards for financial investment companies in the European Economic Area, which includes the UK.

Please take note that Trade360 currently does not accept clients based in the United States.

Trade360’s official website is located at www.trade360.com.

Features

Trade360 is especially noted for its innovative crowd trading platform that is based on research indicating that group behavior patterns can reveal market trends before they appear as exchange rates or prices in the market. The proprietary trading tools employed by Trade360 measure how market sentiment changes in relation to other market indicators. This can result in an above average forecast of future market trends. While the company does not yet provide trading advice, their indicators and signals can be used in making trading decisions.

Through the company’s proprietary CrowdTrading platform, traders can choose from a wide variety of tradable assets. The unique interface offers live data feeds of crowd activity that provide traders interested in the behavior of crowds, with a basis upon which to make a trading decision.

Trade360 has a minimum deposit amount of $100.00 to open a standard live trading account. If a trader is interested in opening a demo account, then Trade360 is currently offering a promotion using a practice account with $10,000 in virtual money. The company also awards the new trader with $10 for opening a position, $20 for closing the position, and $30 if the trader has made a profit of more than $30 on the trade, which makes the bonus worth $60.

Trading Software

Trade360 offers clients their own proprietary crowd trading platform called CrowdTrader. This platform gives clients access to a number of custom built tools that traders find particularly useful. The CrowdTrader platform does not require a download and can be accessed through any current web browser and operating system. Also, a mobile application for the software is available to run on Android mobile devices, and an iOS version is offered for use on Apple iPhones, iPods and iPads.

One of the advantages of using the CrowdTrader platform includes getting alerts that allow the trader to keep ahead of possible market trend developments. The system also detects trend reversals in a timely fashion that become evident as crowd sentiment shifts.

With the CrowdTrader platform, the trader can place trades and monitor position in hundreds of different trading instruments, which include major currency pairs, indexes, commodities, stock and CFDs. Trader’s funds and transactions are secured by 128-bit SSL encryption technology.

A favorite CrowdTrader feature is that it allows the trader to monitor the market through a live feed, showing market trends taking place and changing in real time. This feature gives the trader an edge since they can monitor the so-called “wisdom of the crowd”. Conversely, if the trader uses a contrarian system, they can detect the “lack of wisdom of the crowd”.

The screenshot below shows the basic functionality of Trade360’s CrowdTrading platform and some of the instruments that can be traded through their web interface. The platform gives information on market movements and what the crowd is doing, in addition to execution capabilities.

Deposits and Withdrawals

Trade360 requires a minimum $250 deposit. In addition to the beginner’s “practice trading” account mentioned previously, the broker offers money back on every trade made with the initial $100 deposit. The higher the initial deposit, the more Cashback Trade360 will pay out. Trade360 accepts credit card deposits made with Visa, MasterCard, Maestro, JCB, DinersClub and American Express. In addition, you can use bank wire transfers, Skrill and Neteller to fund trading accounts. Trade360 charges no fees on deposits.

Withdrawals from a Trade360 account usually take between three and ten business days depending on the withdrawal method. To withdraw funds, the user must first log into their Trade360 account, then select the “withdraw funds” option from the dropdown menu in the upper right, followed by entering the information requested by the company.

For withdrawal verification, Trade360 asks for a copy of a valid driver’s license, passport or other government issued identification. In addition, a utility bill no more than three months old with the client’s full name and home address printed on it is required. A clear image of the front and back of the credit or debit card must be included for the withdrawal to credit the appropriate account. For security purposes, most of the card information should be hidden with the exception of the name and the last four digits of the card’s visible number.

Beginners’ and Customer Support

Trade360’s customer service department is open 24 hours a day throughout the financial trading week. The company offers its clients support through email, live chat and telephone lines. The staff seems helpful and gives out valuable information on crowd trading, which is a somewhat unfamiliar subject to many traders.

Trade360 provides its clients with system generated trading signals that can be used to determine developing trends in the market. Traders familiar with crowd trading methods can use these signals and incorporate them into their trading plans. In addition to their expertise in crowd trading, Trade360’s website also provides a wide array of educational materials, which include training e-books for those new to crowd trading.

Safety

In addition to its CySEC oversight, which ensures the broker is duly regulated, Trade360 keeps their customer information secure. The company uses an advanced Verisign SSL for the authentication of users and data transfers. Also, Trade360 uses two layers of firewall protection with one at the server level and one at the application level that ensures that no unauthorized access attempts are made.

The company employs two separate server farms in separate locations, which have to be synchronised, making it impossible to tamper with the broker’s information. The server farms are protected by armed guards 24/7. Also, advanced SSL encryption ensures that all customer data is secure.

Conclusion

Trade360 is a unique type of regulated broker, providing a social trading service that can be extremely useful to many traders. The broker also allows for trading in a wide array of financial instruments.

Their proprietary online CrowdTrading platform is fairly easy to use, although it can be a bit difficult to navigate relative to the platforms supported by other brokers. Still, it uniquely offers traders potentially valuable and timely market information based on what large groups of people are doing in the market. In addition, the platform is available for mobile devices running Android or iOS operating systems.

Nevertheless, a big disadvantage with Trade360 is the lack of support for the Metatrader trading platform and the broker’s somewhat cumbersome fund withdrawal process. Also, trading spreads seem to be wider than those at other brokers, which can adversely affect the profitability of very active traders.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Trade360 Review

Founded in 2013, Trade360 is a registered trade name of MPF Global Markets Ltd. Based in Limassol, Cyprus, the company is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license number 202/13 and also has offices in the United Kingdom. In addition, Trade360 is approved by regulatory organizations in Europe and the UK, and it complies with the Markets in Financial Instruments Directive (MiFID).

Trade360’s bases its innovative crowd trading platform on studies indicating that the analysis of group behaviour can reveal market trends before they show up in prices or exchange rates. The company’s proprietary trading tools measure rates of sentiment change relative to other indicators that provide above average forecasts of future trends. While the company does not provide trading advice, you can use their indicators to influence your own trades.

Trade360 Features

Trade360 provides its clients access to a wide variety of trading assets via its user-friendly online Crowd Trading platform. The company’s unique and intuitive dealing interface offers live data feeds and provides a useful solution for those interested in basing their trading decision on crowd behaviour.

Regarding accounts, Trade360 allows traders to open one standard live trading account with a $25 minimum initial deposit. The company currently offers a promotional real money bonus of up to $50 for trading if you register with them and give them your mobile phone number. You do not need to make any minimum deposit if you take advantage of this promotion.

Supported Trading Platforms

Trade360 developed its own proprietary crowd trading platform – known as CrowdTrader – with a variety of custom built tools that crowd traders will find especially useful. This innovative platform is exclusively accessible online using just about any modern browser or operating system, so no downloading is required. A mobile app is also available for those who like to trade on the go using iPhone, iPad and Android devices. Nevertheless, those traders who wish to use Metatrader4 will be disappointed, since Trade360 does not support that popular trading software.

The CrowdTrader system alerts you to possible trend developments as those instruments popular with the crowd shift. It allows you to both monitor positions and execute trades in hundreds of trading instruments, including a variety of currency pairs, commodities, stocks, indexes and CFDs. The company helps assure the safety of your personal and transaction data by using the latest 128-bit SSL encryption technology.

Traders can watch the system’s live feed to observe market trends happening and shifting in real time. This lets traders choose what positions to take based on the “Wisdom of the Crowd” that the system displays.

The following screenshot shows the basic functionality and some of the trading instruments you can deal in via Trade360’s CrowdTrading web interface. The platform offers mini charts, daily price extremes and execution capabilities, in addition to market movement and crowd information that traders can use to help them go with the flow of any market they are trading.

Deposits and Withdrawals

Trade360 has a minimum deposit amount of $25, and they currently offer new clients a $50 joining bonus that they can use to start trading with. The broker accepts deposits made with credit cards, which include: Visa, MasterCard, Maestro, JCB, DinersClub and American Express. In addition, you can use Skrill and Neteller to fund trading accounts, and bank wire transfers are also accepted. The company charges no fees on deposits.

Withdrawals from Trade360 accounts usually take from three to ten business days depending on which withdrawal method you select. Making withdrawals is somewhat complicated. You will first need to get started by logging into your Trade360 account, choosing “withdraw funds” from the dropdown menu in the upper right, and then entering the requested information.

You must also upload some images, starting with an image of a valid driver’s license, passport, or government issued identification. You will also need an image of a recent utility bill less than three months old with your full name and home address printed on it. You must also include a clear image of the front and rear of the credit or debit card to be used for the withdrawal to the account you wish to credit. For security reasons, you should probably hide most of the card information and just leave your name and the last 4 digits of the card’s number visible.

Customer Support

Trade360 offers 24/5 support via live chat, email and phone. Their customer service people seem very helpful and are readily available to assist clients around the clock during trading days. They can be particularly useful when registering an account, setting up your trading platform, or even if you need help understanding how to use a crowd trading approach in your trading plan.

Trade360 understands that their approach to trading is unusual, so their staff is especially pleased to assist those unfamiliar with crowd trading concepts. They also provide educational materials – including training e-books for those new to crowd trading – in addition to market analysis, market commentary, and system-generated trade suggestions.

Finally, although the company does not give investment advice or manage trading accounts for clients, they do provide signals or clues as to how trends might be developing in the markets. Traders who understand crowd trading methods can use such signals in their own process of making trading decisions to improve their profitability.

Trade360 Conclusion

Overall, Trade360 is a well-regulated broker offering an unusually innovative trading service that gives clients the ability to execute trades in a wide variety of markets based on crowd trading concepts.

The company’s relatively easy to use proprietary online trading platform has integrated charts and offers potentially useful crowd trading information, with versions available for all popular mobile devices. Trade360 also has a very low minimum required deposit and currently offers a decent starting bonus.

On the downside, this broker lacks support for the popular MetaTrader trading platform, and its account funds withdrawal process appears to be rather cumbersome. The company’s website also seems rather difficult to navigate through, and trading spreads seem significantly wider than those currently offered by other brokers.

Trade360 Review: Online Trading Platform With CrowdTrading

Trade360 is an online platform that allows you to trade a range of financial instruments. Here's our Review with Pros & Cons.

If you’re currently in the lookout for an online trading platform, have you considered the merits of Trade360? The CySEC regulated broker allows you to buy, sell, and trade heaps of asset classes. This includes the likes of stocks, currencies, indices, ETFs, and commodities.

You can view what your fellow Trade360 members are buying and selling, and subsequently decide whether you want to trade with or against the general consensus.

Fancy finding out whether or not the broker is right for your personal trading needs? If so, be sure to read our in-depth Trade360 Review. We cover the ins and outs of how the platform works, who it is suitable for, what fees you need to be made aware of, and more.

What is Trade360?

Trade360 is an online platform that allows you to trade a range of financial instruments. This includes a plethora of CFDs in the form of stocks, gold, and oil – as well as ETFs and indices. The platform also comes with a fully-fledged forex department, which is great for those of you that wish to buy and sell currencies on a 24/5 basis.

At the forefront of what Trade360 offers is its innovative CrowdTrading feature. In a nutshell, the feature takes a social-approach to online trading, insofar that you can see what assets are in hot demand.

Some of the tradeable assets at Trade360

For example, if waves of investors are going long on EUR/GBP – and trading volumes are significantly higher than usual, you’ll be able to view this information at Trade360. This then allows you to determine whether or not you want to “join the crowd”, or go against the money.

Am I Eligible at Trade360?

Trade360 accepts account applications from anyone in the EEA. Therefore, those of you based in the US will not be able to open an account. Take note, in order to comply with anti-money laundering laws – as well as the regulations set out by CySEC, Trade360 will be required to identify all traders that use its services.

This means you will need to upload a clear copy of your government-issued ID before your first withdrawal is authorized.

Trading Platforms

When it comes to the trading platform itself, you’ll be offered a number of options to suit your personal investment needs. Most traders at the site will use the native Trade360 online trading platform. This allows you to access the trading arena through your desktop browser, so there’s no need to download or install any software.

As is often a minimum requirement in the digital age of trading, the online platform allows you to customize your trading interface, and it’s operational on a 24/5 basis.

Trading Platforms

You can also access the native Trade360 trading platform via your mobile device. This is facilitated by a dedicated mobile app that’s available on both Android and iOS devices. Crucially, this allows you to buy and sell assets while on the move, and ensure that you never miss a trade.

Alternatively, Trade360 also allows you to trade via globally recognized platform MetaTrader5 (MT5). This is more suited for those of you that are looking for a more advanced trading arena and thus – comes jam-packed with heaps of trading features, charting tools, and technical indicators.

The MT5 integration also allows you to benefit from fundamental analysis, and set up multiple charts on a single screen.

Deposits and Withdrawals at Trade360

As an online broker that seeks to cater to both newbie traders and seasoned investors, Trade360 offers a highly extensive payments department. First and foremost, you will be required to meet a minimum deposit amount of $250.

When it comes to funding your account, you’ll be able to deposit via a debit/credit card – which includes Visa, MasterCard, and Maestro. On top of Trustly and Paysafecard, Trade360 also accepts Skrill and Neteller. Unfortunately, PayPal isn’t supported.

Does Trade360 Offer Leverage?

On the one hand, Trade360 advertises leverage facilities of up to 400:1 for clients with a “Pro” Account, which is huge. This means that a $300 deposit would effectively allow you to execute a trade worth $120,000. However, retail clients will be restricted in the amount of leverage that can be applied.

For example, if you’re based in the European Union, you will be bound by the restrictions imposed by ESMA. This limits leverage on major and minor forex pairs to 30:1 and 20:1, respectively. Gold and major indices are also capped at 20:1, while other commodities and non-major equities are limited to 10:1.

Trading Fees, Commissions and Slippage at Trade360

As is the case with any new broker that you are considering joining, you need to have a firm grasp of how much you are going to be charged to trade. Firstly, the platform does not charge any trading commissions or fees per-say, as everything is built into the spread. However, the spread in itself is an indirect fee, so do bear this in mind.

The specific spread will ultimately depend on the type of asset that you are trading. At the lower end, major currency pairs like EUR/USD come with a spread of 3 pips, while GBP/USD and EUR/GBP sits at 5 pips. You’ll need to trade during Sunday (22:00) and Friday (21:00) to get these spreads.

Currency Spreads

Mini Standard Gold Platinum VIP
EUR/USD 4 3 2 2 2
GBP/USD 5 5 3 3 2
USD/JPY 5 4 3 3 2
EUR/GBP 6 5 4 4 3

In the commodity department, you’ll pay 7 pips and 65 pips on oil and gold, respectively.

Commodity Spreads

Mini Standard Gold Platinum VIP
Gold 70 65 55 50 45
Oil 8 7 5 5 4
Silver SP 750 700 550 550 500
Natural Gas 35 25 15 15 12

When it comes to stocks and shares, the specific spread will depend on the equity. For example, while Facebook and Apple stocks have a spread of 128 pips, Tesla is slightly higher at 160 pips.

Stocks Spreads

Mini Standard Gold Platinum VIP
Tesla 165 160 155 150 145
Apple 142 138 134 130 126
Aselsan 90 80 70 60 55
Facebook 142 138 134 130 126

You will also pay a fee if you apply leverage to your trades – as is industry standard. Known as ‘rollover charges’, you’ll pay a fee for every night that you keep a trading position open.

Once again, the specific fee will depend on the financial instrument that you are trading. Finally, Trade360 notes that although slippage is rare at the platform, it can occur during times of extreme market volatility.

Is Scalping Allowed?

Trade360 is very clear on its policy regarding scalping. For those unaware, this is where you open and close a position for a matter of seconds, with the view of ‘scalping’ ultra-small profits.

Trade360 notes that you will need to wait at least one minute before an open trade can be closed.

Trade360 Demo Account

It is also notable that the team at Trade360 has installed a proprietary demo account. This allows you to get a firm grasp of how the platform works before risking your own money. The fundamentals of the demo platform operates the same as the real-money account, albeit, you’ll be trading with paper funds.

Is Trade360 Safe?

Trade360 is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).  Cyprus is a member of the European Union. As such, your funds are protected by a range of consumer safeguards.

Contact Trade360

If you need to speak with a member of the Trade360 customer support team, the easiest way to do this is via live chat. You can also call the team directly at +357-25-030-622, or send an email at [email protected]

How to get Started With Trade360 in 5 Minutes

Like the sound of what Trade360 offers and want to get started today? If so, follow the quickfire step-by-step guidelines listed below.

  • Step 1: Open an Account First and foremost, you’ll need to open an account with Trade360. You’ll need to enter some personal information so that the broker knows who you are.
  • Step 2: Verify Your Identity You will be required to verify your identity through supporting documentation. Simply upload a copy of your government-issued ID.
  • Step 3: Deposit Funds You will now need to fund your newly created Trade360 account. You can choose from a debit/credit card, Skrill, Neteller, Trustly, and more.
  • Step 4: Trade As soon as your deposit is credited, you can start trading straightaway.

Trade360 Review: The Verdict?

In summary, there’s much to like about the Trade360 platform. On top of listing heaps of financial instruments across most asset classes, account minimums are low at just $250. The broker does not charge any trading fees or commissions other than the spread, and you won’t be charged to deposit funds.

However, the standout selling point to Trade360 is its innovative CrowdTrading feature. This allows you to view what your fellow traders are buying and selling. This includes a breakdown of where the money is going, and what assets are experiencing enhanced trading volumes.

We also like the fact that Trade360 gives you a number of options when it comes to choosing your preferred platform. This includes the broker’s proprietary online trading platform, an iOS/Android mobile app, and even MetaTrader5 compatibility.

All in all, Trade360 ticks most boxes.