On-line since: About the company: Trade360 offers a wide range of trading instruments: more than 40 currency pairs, the Bitcoin, CFDs on commodities, indices, shares, and ETF. About the company. Security of funds Established in 2013, Trade360 is a trademark of MPF Global Markets Limited, the Cyprus investment company, regulated by the CySEC. CySEC applies certain requirements to holders of its licenses. For example, forex brokers must have at least 730,000 on their accounts in order to prove their financial stability. Besides, clients’ funds should be kept on segregated accounts. To ensure safety of clients’ funds, all brokers, licensed by the CySEC, are members of the Compensation Fund that pays up to 20,000 euros to clients if a broker goes bankrupt. Moreover, every investment company regulated by the CySEC is eligible to provide services in the European countries under the MiFID regulation. CrowdTrading Trade360 caused a revolution in the market, introducing a unique innovative method of online trading - CrowdTrading. The CrowdTrading algorithm comprises a number of tools that identify actions of traders and demonstrate changes in certain assets, enabling traders to make decisions. Though this service has something in common with copying of deals, CrowdTrading is intended for other purposes. You do not copy someone’s deals, but you follow the tendency that was formed by a team (a crowd) of traders at a definite time. CrowdTrading is based on the idea that collective trading is more accurate than individual trading. Trading conditions Trade360 offers 5 account types that differ by the size of an initial deposit. All account holders get trading signals and can use the leverage of 1:400 (for currency pairs). Holders of Gold, Platinum, and VIP accounts are provided with extra services such as SMS notifications and money rewards. Besides, the Islamic accounts are available at Trade360. Minimum initial deposit To start trading with Trade360, clients should deposit at least $100. This is an average minimum requirement, bearing in mind the unique innovative services offered by this broker. Spreads and commissions Trade360 charges fixed spreads of 1.8 pips for EUR/USD which is an average size of a spread. Moreover, Trade360 charges no commission unlike many other brokers who provide fixed spreads. Leverage The maximum leverage at Trade360 is 1:400 which is a rather high level. However, some brokers offer bigger leverage of 1:1,000, for example. Trading platform Unlike many brokers that use MetaTrader 4, Trade360 offers its own platform - CrowdTrader. You can trade from any spot of the Earth, registering via the profile on Facebook or Google. Besides, mobile apps for IOS and Android are available. The trading screen has a form of a large window where assets are shown. Every asset is presented by a diagram with a lot of tools and indicators. The trading platform of Trade360 represents a live stream of trading ideas for various assets that can be seen on the right side of the trading screen. It shows a type of an asset, market conditions, and recommended actions (sell or buy). Promotional campaigns Holders of live account can earn up to $60. The broker provides a welcome bonus of $50 that is available to clients who specify their right phone number at the registration and trade at least $1,000,000. Besides, the broker provides a cashback program under which clients can get back up to $360. Payment methods Clients of Trade360 can make a deposit or withdraw funds via bank cards, wire transfers, and the Skrill and Neteller payment systems. This broker does not charge commission for withdrawals. Advantages:
Disadvantages:
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Trade360 is a bogus broker, their platform always gives a lot of error messages. I have failed to do automatic deals due to fake price quotes. My profitable trades did not close below the TP position or SL position. I cannot withdraw my profits through the bank Transfer from Trade360. So I tried to leave Trade360 broker.
I have no trading troubles with Trade360, service, and support are better than the previous brokers that I used for trading. Sign up process is rapid and spreads and executions are amongst the best that I have ever experienced. I am trading often, and the platform is stable for me. Their payment methods are outstanding. The customer service is also brilliant, well educated and nice.
Trade360 may be a legit broker in the sense that they do not trade against their customer but the trading platform is awful. I get errors on closing partial positions, sometimes I can't access my trading account for more than half an hour the roll over.
My reviews for this broker are low spread, high leverage, and reliable trading platform. They have good deposits and withdrawals always take time and are not the fault of the broker. I make good money with them and I recommend them for beginners. Trading with this broker was really successful for me. I’ve made a couple of deposits so far, got the 45% every time and made huge profits, following their technical analysis. I could maximize my profits using any lot size. I have been suing their platform and the trades execution is quite fast. Maybe for those of you who are beginners, Trade 360 can be a safe broker recommendation.
I say Trade360 are the worst platform to me, I was trading with this broker, but it is impossible to deal on their MT4 platform. While I was able to make some profits but I didn't cash out my profit yet. From my point of view, only this kind of service is harmful to traders.
Trade360 has been in business for long enough years for me to fully trust them. Before opening an account, I looked into what their clients are saying about them and they were saying great things about the broker. When I finally had my own account, I understood why they are loved by their clients. This broker has a great trading environment and their customer support team is very easy to contact. For me, communication between the company and its clients is one of the most important consideration especially when it involves investment.
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