Overview of Trade 360 2021
Trade360 is a Cypriot registered company, operated by Crowd Tech Ltd, since its inception (2013), the company is regulated by CySEC Cyprus and FSA(UK). The company-owner of the brand guarantees the return of any client’s funds by participating in the Investor Compensation Fund
Clients can get acquainted with the functionality of the platform before registering with the broker; both browser-based and classic MT5 platforms are available. And after opening a trading account. The client will receive data for logging into the system and opening transactions.
The platform gives the opportunity to assess the situation on the market for each asset, that is, the percentage of traders buying or selling – this is called Live Feed. This is very convenient for newbies just learning the financial market. The process of buying and selling takes literally a few seconds. Clients can access the economic calendar, various reports on the current state of the market, and plenty of options for creating charts.
MT5 is the most advanced version of multifunctional development of Metatrader company. It has about 38 tools for market analysis, more than twenty timeframes, easy-to-use charts and easy-to-use technical analysis. A lot of opportunities for professional trading will make experienced traders happy. It is possible to customize the platform according to your requirements.
The list of available instruments for trade:
More than 40 ETF and CFD
Oil and metals
Securities of the most profitable companies
Most popular indices
Trade 360 customers can choose from over 200 tradable items, including:
- ETFs – 40+ ETF CFDs
- Forex – 40+ currency pairs
- Commodities – 4 commodities, including precious metals and oil.
- Shares- Hundreds of global companies including Twitter and Starbucks.
- Indexes – There are 7 major indexes available, including the Dow Jones and Dax 30.
Spreads and commissions
The big disappointment was the size of the spreads, for example the most in-demand euro/dollar currency pair has a spread of 3 pips and sterling to euro has a spread of 5 pips. This is significantly more than most large traders. A surprisingly large commission is charged for maintaining the account – 100 US dollars for 45 days, swaps are also present.
Trade 360 leverage
Since the company has first level regulators, it is not allowed to have a large financial leverage, therefore,the company offers the following parameters of financial leverage – 1:30 for Forex, 1:20 for commodities and indices, and when trading ETFs and stocks even 1:5 but it is better to work with smaller volumes but with your own funds. In Europe it is forbidden to use a financial leverage higher than 1:30 for non-professional traders.
The apps can be downloaded from the official app stores, and it is absolutely free. The client will not feel the difference in functionality as opposed to the desktop version of the platform, the client will still be able to observe the charts and conduct analysis. It’s also possible to organize broadcasting for the group trading.
There are several ways to replenish your trading account. You probably already know about the most popular of them – it’s replenishment using bank cards of VISA/MC format, in this case the crediting is instant. The second way is payment with the use of the company provided rivers. You can do this without going to the bank through an online bank or bank application, in this case, you have to wait for the receipt of payment for up to five banking days. You can also top up your account using different payment systems from the list on the company’s website
The minimum deposit required by Trade360 depends on the account:
- Mini – $ 250
- Standard360 – $ 1,000
- Gold – $ 5,000
- Platinum – $ 10,000
- Diamond – $ 50,000
- Islamic360 – $ 10,000
Before depositing your funds make sure that you passport or any other document confirming your identity, as well as the document with the registered address of your residence. Please note that the method of initial depositing must be the same as the method of withdrawal. The sum over the deposit is withdrawn by any convenient way from those listed on the website. After you apply for withdrawal, the processing of the transaction starts, which may take up to three days.
Every trader who is considering a company for partnership may try all the functionality of the platform, including tools, assets and indicators, on a demo account, which is free of charge, after a simple registration. Virtual money is accrued.
The company offers a number of additional options of its own design and third-party manufacturers. In particular, it is now possible to monitor the actions of other traders. It helps to orientate with the market direction and its mood
CrowdTradingTM is a useful add-on that allows clients to see how other clients are trading an asset. The tool provides a great way to evaluate market sentiment and see how successful traders react to price movements.
The broker also recently partnered with Trading CentralTM, an investment decision support tool that is now available directly on the online platform by clicking on the instrument logo.
Accounts of Trade360
Owners of each trading account are entitled to claim a credit line of 10 times the minimum deposit amount, except for the MINI account, here the line is limited to one thousand American dollars. In addition to the mini account, the company offers traders a choice of Standard360, Gold, Platinum and Diamond. Absolutely all accounts have access to support from company representatives. . For clients from Islamic countries Islamic accounts are offered.
For customers with big balances and good trading turnover the company is ready to provide special conditions, for example the leverage is much bigger, than on any trading account offered by the company – 1:400 and protection against negative balance.
According to the information on the official broker’s website, you can contact support through the all-night live chat (on weekdays), a feedback form, telephone, and e-mail – firstname.lastname@example.org. Also on the site is a section with answers to the most common questions. There are all the basic questions, for example – how to delete a trading account, make a complaint or withdraw money.
Safety of money and clients’ data is the high priority, which is why the broker has double servers in different countries, double encryption and so on. The broker is the guarantor of the protection of personal data and the client’s own finances.
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