Trade360 Review

Initial Deposit: $250

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Overview

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Trade360 Review
Rating
Overall
Offering of Investments
Commissions & Fees
Platform & Tools
Research
Mobile Trading
Education
75%

Trust score

Trade360 Review

Tradeable Symbols (Total): 1062

Year Founded: 2012

Publicly Traded (Listed): No

Bank: No

Trade360 is not publicly traded and does not operate a bank. Trade360 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trade360 is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC). Learn more about Trust Score.

Trade360 is considered average-risk, with an overall Trust Score of 75 out of 99.

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Pros 👍🏻

  • CrowdTrading tool offers trading signals guided by crowd-sourced client sentiment data.
  • Offers six account types (minimum deposits range from $250 to $100,000).
  • Provides useful thematic indices with its Industry Stock and Smart Collections.
  • Traders can customize their leverage on a per-trade basis with the Self-Select feature.
  • Economic calendar event detail usefully shows affected symbols.
  • The Trade360 mobile app closely matches web platform experience.
  • Regulated by ASIC in Australia and CySEC in Cyprus.

Cons 👎🏻

  • Access to Trading Central tools requires a minimum deposit of 1,000 euros.
  • Spreads are expensive – ranging by account type from 1.8 to 4 pips on EUR/USD.
  • Financial market news videos are outdated.
  • Daily Market Report covers technical analysis on just two key symbols.
  • Scant selection of educational content – just a few articles and videos.
  • Barely 10 educational articles are available.
  • Trade executions routed to IFSC-regulated entity PX Exchange in Belize.
Description
What is Trade360?

Trade360, an international brokerage company, was established in Marshall Islands. However, traders began to look for entities that are regulated and established branches in Australia and Cyprus.

Trade360 eventually acquired financial brokers from Australia and Cyprus, making it possible for European traders (Best Forex Trading Platform Australia), to trade safely. These entities are overseen and regulated by local authorities. These are therefore considered safe investment options.

Overview

Trade360 offers high-quality trading conditions through its Australia and Cyprus entities. (Read more about Australia headquartered broker FP Markets). Opening an account is simple and straightforward.

Negative responses can also be made about the broker who was involved with the international entity.

We will be looking at more details in Trade360 Reviews. However, we recommend that you thoroughly read the details as we only advise trading with entities subject to serious regulations.

Is Trade360 a legitimate site?

The most important question is: Trade36 now operates through three entities. One entity is still located in the Marshall Islands, where audit requirements and audit by the authorities are quite basic.

Trade360 is not the only entity that is located in Cyprus. Crowdtech company was established under appropriate laws. It has a particular obligation to ESMA rules. ASIC, which oversees Forex trading and is responsible for registering Australian entities, is also regulated.

We would recommend that you open an account with Trade360’s under-regulated entities. These conditions will be aligned with customer protection rules to ensure you have layers of safety.

Leverage

Leverage levels are dependent on the entity and the regulatory obligations that have been set by authorities in specific jurisdictions. Similar to European traders, Australian traders can access high leverage ratios even for professional traders. However, they will be restricted in their use of leverage.

High leverage is also allowed by the international proposal. However, you need to be careful how you use it and learn how to properly apply it. Your losses could multiply as much as your potential gains.
  • 1 to 500 is offered primarily for professionals.

  • Retailers in Cyprus may have access to ratios such as 1:30

  • Australian traders entities can have a maximum of 1 to 500

Types of accounts

The first deposit can be made for as low as 450$ or as high at 50,000$ for the Diamond account. There are also Islamic accounts available upon request but requiring a minimum of 10k$.

Although the Mini Account does not support MT5 trading, the Client can still choose to trade on that platform. The client will receive push notifications and exclusive market updates from the broker.

Trade Instruments

Trade360 is a technology-based platform that offers trading CFDs for Currency Pairs, Commodities and Stocks.

Fees

Trade360 fees terms and the exact costs you will have to pay for trading services are mainly built into a variable spread that is available for all account types. Spreads are lower for higher grade accounts. You can also request a customized solution to your trading needs. You should also consider fees such as funding and inactivity. See the Trade360 fee table.

Spreads

Trade360 spreads can be variable and are based on market conditions. Spreads will decrease if the account type is of a higher quality. We are aware that Trade360 spreads can be quite high when compared to industry peers. Spreads are higher than those offered by the Standard account, even if the account is of the highest quality.

There is not clear information on spread conditions available through the website. We couldn’t find any statistics about its spread. It is better to access the Demo account to see conditions.

Compare fees with BlackBull Markets, another popular broker.

Web Trading

It also created an intuitive interface platform that is based only on CrowdTrader. Trade360 software is well-respected for its ability to customize and offer many assets.

Traders can still use MetaTrader5 if they wish, except for those who have Mini accounts, which does not support MT5.

Mobile Platform

Trade360 has developed its Trade360 app for iPhone, iPad and Android to keep you up-to-date. This is a very user-friendly software that allows you to manage your trading from anywhere.

Desktop Platform

You can trade the markets manually or automatically, but you also have the option to engage in social trading with copy Trader or copy master accounts via Desktop Platform. This means you can copy master accounts and make money from trading without interruption by simply copying orders. MT5 platform is a trading platform that offers innovative trading features and professional-level analysis for traders.

Customer Support

Trade360 has established a Customer Support service in every region where it operates. This is to help traders find relevant answers and high quality answers.

Education

Trade360 doesn’t offer any education or courses for beginners. Online trading courses and Webinars that include education materials are not available. Only research tools are available for traders on the platforms. You can also find the Daily Market report online. There is also a social trading option that allows traders to share their trading ideas.

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