- Types of accounts
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Trade360 is an international brokerage company that was previously established in 2013 in an offshore area in the Marshall Islands, and has since opened offices in Cyprus and Australia. This allowed European and Australian traders to participate in safe Forex and CFD trading, as these organizations are regulated and controlled by local authorities.
Trade360 – regulated broker?
Trade360 broker is registered in three jurisdictions:
- Cyprus under CySEC regulation – for European traders;
- In Australia under ASIC regulation – for Australian traders;
- In the Marshall Islands – for international traders.
Thus, Trade360 can be considered a regulated broker. However, it should be noted that not all jurisdictions provide complete security for your funds. So, if you register with an offshore company in the Marshall Islands, you will not receive guarantees in case of bankruptcy of the broker. Therefore, it is better to open accounts in regulated organizations Trade360, where the trading conditions are consistent with the rules of local authorities on investor protection.
What is the maximum leverage in Trade360?
Obviously, leverage levels also depend on the legal entity and the regulatory obligations set by the authorities in certain jurisdictions. Similarly, European traders will use lower leverage due to ESMA restrictions, while Australian traders can still get access to high leverage ratios, for examplesuitable for both retail traders and professionals.
You can get leverage in Trade360:
- until 1: 30 for European retail traders registered through CySEC;
- up to 1: 500 for traders registered through an Australian company regulated by ASIC and an international jurisdiction in the Marshall Islands.
What types of accounts does Trade360 offer?
Trade360 offers 6 types of accounts, defined by the size of the first Deposit, starting from $ 250 for a Mini account and up to $ 100,000 for a VIP account. The broker also has an Islamic account available on request.
Commissions and fees
Trade360 spreads are floating and based on market conditions. At the same time, spreads are getting smaller on top-level accounts. However, it should be noted that Trade360 spreads are quite high compared to its competitors. Even The highest trade360 account type offers higher spreads than the standard competitor account.
Below is a comparison of Trade360 commissions and similar brokers JP Markets and FXTM.
Trade360 trading platforms
Trade360, a FINTECH-based company, has developed an online CrowdTrading platform with an intuitive interface, lots of assets available for trading, and good tools, so the software is really worth looking at.
However, if you want to use the popular version MT5, you can still do this, except for traders using Mini accounts, since it does not support MT5.
In addition to trading the markets manually or automatically, you can also participate in social trading with CopyTrader or CopyMaster accounts available via the desktop platform. This means that you can copy traders ' trades and profit from trading without any knowledge.
Trade360 is based on technology solutions that offer CFD trading on currency pairs, commodities, stocks and indices.
What is the minimum Deposit in Trade360?
The minimum Deposit starts at $ 250 for a Mini account. If you want to open a different type of account, you need the corresponding amount specified on the broker's website.
The Trade360 broker is suitable for traders who prefer to trade CFD instruments, as well as participate in social trading through their own platform or the popular MT5. There are also options to either trade manually or copy the trades of successful traders.
However, there were also negative reviews of Trade360 in working with a broker, especially with an international organization. Therefore, we strongly recommend that traders only open accounts with regulated Trade360 organizations in Cyprus and Australia, or find another reliable broker in our Forex broker rating.
- The year of Foundation 2013
- Head office address 116 Gladstonos, M. Kyprianou House, 3rd & 4th Floors, 3032, Limassol, Cyprus
- Maximum leverage
- Min. Deposit $
- Regulation CySEC, ASIC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 49
- The number of CFD instruments 560
- The number of metals 2