| GENERAL INFORMATION | |
|---|---|
| Broker Name | Trade360 |
| Broker Type | Forex |
| Country | United Kingdom |
| Operating Since | 2013 |
| Regulation | None |
| Address | Suite 1 4 Queen Street, Edinburgh,United Kingdom, EH2 1JE |
| Broker Status | Not Regulated |
| CS Phone | 357 25 030 622 |
| CS Email | [email protected] |
| Languages | English |
| Availability | 24/5 |
| Trading Platforms | Metatrader4 |
| WEB TERMINAL | |
| Trading Platform Timezone | GMT |
| Demo Account | No |
| Mobile Trading | Yes |
| Web based trading | Yes |
| Bonuses | N/A |
| Other Trading Instrument | N/A |
| ACCOUNTS | |
| Minimum Deposit | 500 |
| Maximal Leverage | 1 is to 400 |
| Spread Variable | N/A |
| Scalping Allowed | No |
TRADE360 REVIEW CONTENT:
- NOTABLE FEATURE/S: CrowdTrading
- TRADE360 REVIEW: CLIENT ASSISTANCE SERVICES
- TRADING CONDITIONS
- PROPRIETARY WEB TRADER
- MOBILE TRADING
- PAYMENT METHODS
- TRADE360 REVIEW: What do we think?
Trade360 Broker Review:
TRADE360 REVIEW
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.
Annoying withdrawal process
I am so annoyed with their withdrawal process They keep on rejecting my request and documents. It is really very difficult to get approval for withdrawal.
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Fake crowd trading
Be careful with their crowd trading. I am enticed to try crown trading and have lost so much. As if the data I am seeing is not true.
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Slow withdrawals
Not a good forex broker, very slow withdrawals, and very poor customer service. I am frustrated with the trading results.
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Outdated platform
Outdated trading platform. There are so many technical problems that were left unresolved.
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Rude and arrogant
Very rude customer service and arrogant brokers. They will never listen to you but instead will force deposits.
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Slow customer service
Slow responses from customer service. It is even very difficult to get through their phone line.
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Unable to withdraw
I am unable to get my money back. Have traded with this broker, lost a few, and decided to close my trading account. I am trying to withdraw what was left on my trading account but they won’t let me.
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Worst withdrawals
Not just slow withdrawals but also there are so many required documents that are very difficult to provide.
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Missing withdrawals
I have missing withdrawal issues with this broker. I have been waiting for a few weeks now but my case is still under investigation.
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Do not allow withdrawals
They do not allow the withdrawal of funds. Will hunt all possible reasons to block withdrawals.
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