TRADE360

About company:

Trade360 offers trading with a wide range of financial instruments: over 40 currency pairs (including Bitcoin), commodity CFDs, indices, stocks and ETFs.

 

Company. Security of funds

Trade360, founded in 2013, is a trademark of MPF Global Markets Limited, a Cyprus Investment Firm (CIF) that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

 

CySEC puts forward certain requirements for license holders. For example, Forex brokers must have at least € 730,000 in their account as proof of financial stability. In addition, customer funds must be held in segregated accounts.

 

As an additional guarantee for client funds, all brokers managed by CySEC are members of the Investor Compensation Fund, which pays clients up to 20,000 euros in the event of a broker's insolvency.

 

Moreover, every investment company controlled by CySEC is entitled to provide services in the EU under the MiFID Directive.

 

CrowdTrading

Trade360 has revolutionized the markets by creating a unique and innovative method in the world of online trading called Crowd trading.

 

The CrowdTrading algorithm includes a number of tools that identify traders' actions and show changes in specific assets to help traders make trading decisions.

 

While the service shares some common features with copying trades, crowd trading actually has a very different purpose. You do not copy the trades of a particular signal provider, but instead follow the market trend formed by a group (crowd) of traders at a specific time.

 

CrowdTrading is based on the idea that collective trading is more accurate than trading a single Expert Advisor.

 

Trading conditions

Trade360 offers 5 types of accounts based on the client's initial deposit.

 

All account holders receive trading signals and can take advantage of up to 1: 400 leverage (for currencies).

 

Gold, Platinum and VIP holders receive additional services such as SMS notifications and alerts, as well as cash rewards.

 

Islamic accounts are available upon request at Trade360.

 

Minimum initial deposit

To open an account with Trade360, traders need to invest at least $ 100. This amount is average, especially considering the innovative services offered by this broker.

 

Spreads and commissions

Trade360 offers fixed spreads: 1.8 pips for the EUR / USD pair, this is the average. Moreover, Trade360 does not charge commissions as is usually the case with most fixed spread brokers who are rewarded for their services through a spread.

 

Leverage

The maximum leverage rate offered by Trade360 is 1: 400, which is considered relatively high. However, many brokers offer even higher levels - for example, up to 1: 1000.

 

Trading platform

Unlike most brokers that support MetaTrader 4, Trade360 offers its own platform called CrowdTrader. You can trade from anywhere in the world, register through your Facebook or Google account. There are mobile apps for iPhone, iPad and Android.

 

The trading screen is presented as a large window displaying assets. Each of the tools is equipped with a chart (with many tools and indicators).

 

The essence of the popular Trade360 platform is a live stream of trading ideas for various instruments that are found on the right side of the trading screen. It displays asset type, market conditions, and recommended actions (Sell or Buy).

 

Promotions

Live account holders can earn up to $ 60.

 

There is also a $ 50 welcome bonus available for customers who register their correct phone number and trade at least $ 1,000,000.

 

In addition, the broker provides a Cashback discount program up to $ 360.

 

Ways of payment

The following payment methods are available for Trade360 customers: debit / credit cards, bank transfer, as well as the popular e-wallets Skrill and Neteller.

 

This broker does not charge withdrawal fees.

 

Pros:

 

regulated broker; fixed spreads; CrowdTrading.

 

Minuses:

 

does not offer PAMM / MAMM accounts; does not offer account management services.