Leverage: 1;30 | 1:500
Min. Deposit: 100 US$
Platforms: MT4 and CrowdTrader
Found in: 2013
- Crowd Tech Ltd - authorized by CySEC (Cyprus) registration no. 202/13 - not active
Leverage: 1;30 | 1:500
Min. Deposit: 100 US$
Platforms: MT4 and CrowdTrader
Found in: 2013
Trade360 is an international brokerage firm that was previously established in the offshore island only, Marshall Islands, while further since trading word become more popular and traders looking for regulated entities established its branches in Cyprus and Australia.
Trade360 was founded in 2013 by a group of trading entrepreneurs and technology experts that wanted to democratize the trading environment and offer trading access to the world.
Eventually, the step which Trade360 made by acquiring previously established financial brokers in entities like Cyprus and Australia, made it possible for European and Australian traders (Best Forex Trading Platform Australia) to engage in safe trading activity since those entities are regulated and overseen by the local authorities. Therefore are considered safe investment opportunities.
For more of the trading details we will look further in our Trade360 Reviews, but be sure you learn all the details deeply as we would advise trading with only entities under serious regulations.
Trade360 provides quality trading conditions via its Australia and Cyprus entities (read more about Australia headquartered broker FP Markets), with good costs and trading options like social trading. Account opening is easy and smooth.
On the negative side, there are also some negative responses about the broker that happened with the international entity.
|🗺️ Regulation and License||CySEC|
|🖥 Platforms||MT4 and CrowdTrader|
|📉 Instruments||CFDs on Currency Pairs, Commodities, Stocks and Indices|
|💰 Costs||EUR USD 3 pips|
|🎮 Demo Account||Offered|
|💳 Minimum deposit||100$|
|💰 Base currencies||Several Currencies|
|📚 Education||Not provided|
|☎ Customer Support||24/5|
Trade360 is not a scam, it has a quite long history of operation while previously it was solely an offshore firm now it has regulated CySEC (See CySEC regulated TriumphFX’s review) and ASIC licenses with lower Forex risks.
Concerning the most important question, we now found that Trade36 operates through three entities, while one is still based in the offshore Marshall Islands where requirements and audit from the authorities are rather basic.
While another entity is now again located in Cyprus since Trade360 operates through Crowd tech company established under necessary laws and particular obligation to ESMA rules and customer protection. In addition, there is an Australian entity that is also regulated and registered with ASIC, the authority that oversees Forex and the trading industry.
So overall we would again mention that you better open account under-regulated entities of Trade360 where conditions are aligned to customer protection rules so you get layers of safety.
Obviously leverage levels depend on the entity and regulatory obligations that are set by the authority in particular jurisdictions. Alike, European traders will use lower leverage due to restrictions, while Australian traders can still access high leverage ratios available even for retail traders and professionals.
The international proposal also allows high leverage, but beware of how you use leverage and better learn how to apply it correctly as your losses may multiply the same as potential gains.
There are 5 account types defined by the first deposit starting from 250$ and up to 50,000$ for the Diamond account, plus the Islamic account available upon request, but demanding a minimum of 10k$.
Mini account though does not support the MT5 platform for trading, while further on the client can choose the platform and will get push notifications and personal exclusive market updates as a benefit from the broker.
Trade360 as based on technology solutions offering trading CFDs on Currency Pairs, Commodities, Stocks and Indices. Even though CFD trading is a rather simplified version of asset trading, be sure to learn more about how this instrument works especially while using leverage.
Trade350 fee terms and what exactly the costs are which you will need to pay for trading service mainly built into a variable spread available for all account types. Higher grade accounts get lower spreads also there is an option to get a tailored solution for your trading need. In addition, consider other fees like funding or inactivity, see the Trade360 fee table below.
|Fees||Trade360 Fees||JP Markets Fees||FXTM Fees|
Trade360 Spreads are variable and based on market conditions, while spreads get lower as long as the account type is a higher grade. Nevertheless, we realize that Trade360 spreads are rather high if to compare it to the industry competitors. Even the highest grade account type offers spreads higher than the Standard account of competitors.
However, there is no clear information about spread conditions provided through the website, you can see an example of spread defined by account type below. Yet, we couldn’t see clear statistics on its spread, better to check out conditions through the Demo account through.
Also, compare fees to another popular broker BlackBull Markets.
|Asset/ Pair||Trade360 Spread||JP Markets Spread||FXTM Spread|
|EUR USD Spread||3 pips||1.7 pips||1.5 pips|
|Crude Oil WTI Spread||7 pips||5 pips||9 pips|
The last point within Trade360 Review is funding methods that will allow you to send money into your trading account.
There are various deposit options available for deposits, where the most common methods are supported. Yet be sure to verify conditions and laws in the particular jurisdiction, as methods, as well as minimum deposits may vary according to entity rules.
Trade360 Minimum deposits demand 100$ for a Standard account, and the international offering demands a minimum of 250$ for Mini account, meaning conditions vary. Also, each account type has a specified minimum line, where the account size is defined.
Trade360 minimum deposit vs other brokers
|Trade360||Most Other Brokers|
Trade360 does not mention charges for deposits or withdrawals, however, your bank or payment provider may waive some fees due to international policies, so you better check with the provider for its fees. Withdrawal options include bank transfers, e-wallets, and cards.
|CrowdTrader and MT5||None|
|Customer friendly design|
|Good range of tools|
Trade360 since based on a fintech company also developed an intuitive interface platform based solely on online CrowdTrader. There are numerous assets available for trading also with good customization tools so the software indeed is remarked.
Nevertheless, if traders wish to use the popular version MetaTrader5 they are still able to do so, apart from the traders using Mini accounts since it does not support MT5.
To remain updated on the go Trade360 developed its Trade360 app suitable for iPhone, iPad ad Android which is a super comfortable software allowing you to take control over your trading at any time.
So besides trading markets in a manual or automatic way, you may also engage in Social Trading with Copy Trader or Copy Master accounts accessible via Desktop Platform. This means that you may copy master accounts and profit from trading without any knowledge or interruption just by a simple copy of orders. Mainly MT5 platform offers a trading experience with innovative trading features also with virtual servers and professional level analysis available for traders.
In terms of the Customer Support Trade360 establish customer support service available in each region it operates with the purpose to provide traders with relative answers and quality answers. You can contact the team within working hours through Live Chat, Emails, or phone lines.
Actually, Trade360 does not provide education or courses that are essential for beginners. There are no online trading courses or Webinars with education materials. The only material available to traders is research tools included in the platforms, as well as the Daily Market report that you can find online. Yet, there is a social trading option where trading ideas are available.
Trade360 Review brought us an understanding that brokers’ trading conditions are suitable for traders who prefer trading CFD instruments, and also engage in social trading through the proprietary platform or popular MT5. There there are options either to trade manually or to copy trades from the Copy Accounts, making investment opportunities better, yet if you need education you better look for another regulated broker.
Nevertheless, there are also some negative responses and experiences with the broker as well, particularly happened with the international entity. So we would strongly advise investors to do their comprehensive checking before opening an account with Trade360 and better sign in only with regulated entities of Trade360 either in Cyprus or Australia.
Based on our research, we found that Crowd Tech Ltd for now has suspended the opening of new trading accounts. Nevertheless, the existing account holders will continue to be serviced, we advise existing clients though to close accounts too, since is not clear weather the broker will operate longer or just temporary.
No news available.