Trade360’s trading platform is easy to navigate through the browser. Customer support leaves a professional impression Except for the lack of further training, Trade360 has no disadvantages. The risk-free demo account can be opened without a deposit and offers a risk-free insight into the trading offer. In addition, new customers have the choice between the default, minimum, and swap-free account. Users can either log in through their existing Facebook account or through their Google account. In addition to their personal data, the users must also specify their e-mail address and confirm their new account via a link.
72% of retail investor accounts lose money when trading CFDs with this provider. Traders can watch the system’s live feed to observe market trends happening and shifting in real time. This lets traders choose what positions to take based on the “Wisdom of the Crowd” that the system displays. Founded in 2013, Trade360 is a registered trade name of MPF Global Markets Ltd.
Brokers licensed in Cyprus have membership in the Investor Compensation Fund. It covers investors to a maximum of 20,000 Euros in case the broker becomes insolvent. Trade360 is required to maintain separate bank accounts for its operational funds and the client’s funds.
Plus500 does not offer bonuses, but their good reputation makes them highly recommendable. Trade360 customer support is available through a number of fast, effective mediums. Trade360 withdrawal methods are the same as the methods which you can use for deposits. Traders can also utilize bank transfers as a method of deposit. Trade360 deposits are available through all major credit and debit cards as well as eWallet options which include Neteller and Skrill. This is a web-based platform which is both intuitive and very easy to use.
Trade360 processes withdrawals using the same payment method that was used to place the deposit, up to the value of the initial deposit, and any additional amount is paid via direct bank transfer. To improve its rating in this review, we’d like to see the broker introduce trading in cryptocurrencies, such as Bitcoin. Read the Virgin Bet Sports Betting and Casino UK review, sign up and receive a welcome bonus up to £20. In addition to these support options, the broker provides an extensive range of answers through their dedicated FAQ section. This helps provide you support around the clock for a number of situations you may commonly encounter, without the need to contact the support team directly.
It allows you to both monitor positions and execute trades in hundreds of trading instruments, including a variety of currency pairs, commodities, stocks, indexes and CFDs. The company helps assure the safety of your personal and transaction data by using the latest 128-bit SSL encryption technology. The entire feature range of a full-stack trading platform at your fingertips, anywhere any time. Get the full array of features of desktop trading with the intuitive ease of an app. Crowd trading is a feature that may help traders make decisions based on the ‘wisdom of the crowd’.
Founded in 2013, Trade360 is an online Forex and Contracts for Difference trading platform with headquarters in Limassol, Cyprus. It’s the brand name of a Cyprus Investment Firm called MFP Global Markets Ltd.
On the downside, this broker lacks support for the popular MetaTrader trading platform, and its account funds withdrawal process appears to be rather cumbersome. The company’s website also seems rather difficult to navigate through, and trading spreads seem significantly wider than those currently offered by other brokers. Their customer service people seem very helpful and are readily available to assist clients around the clock during trading days. They can be particularly useful when registering an account, setting up your trading platform, or even if you need help understanding how to use a crowd trading approach in your trading plan.
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A trade360 app is available for download as well, so accessing the trading platform from a mobile device can be accomplished. After one goes through the trade360 sign in process, which is supposed to be a simple one, an online trading platform opens with instruments like the ones you see on the image below. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Trade360 is not a scam, read our trader reviews and check other popular trading related websites and forums. Finally, although the company does not give investment advice or manage trading accounts for clients, they do provide signals or clues as to how trends might be developing in the markets. Traders who understand crowd trading methods can use such signals in their own process of making trading decisions to improve their profitability.
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The official website also makes a serious and professional impression and is available in many languages. The demo account helps traders to test their trading skills and gauge how well or bad they will perform in the real markets.
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement. New Traders are offered a huge $50 Welcome Bonus, which is credited to their account right after phone verification. Alternatively, Traders can use Practice Mode, which offers Bonuses totalling up to USD 60 with the completion of a number of stages. Trade360 is authorised and regulated by the Cyprus Securities and Exchange Commission, which has a deserved reputation as a real stickler for the rules.
If the Trade360 has done the following, you have probably a victim of Trade360 scam broker. Necessary cookies are absolutely essential for the website to function properly.
However, many questions and problems can be solved without the help of a support employee. Trade360’s FAQs provide users with answers to all important questions. If you still have questions or issues, you can contact Trade360 Support. Although the support staff of Trade360 speaks only English, they are very friendly and competent. There is no support via live chat, but thanks to the existing telephone support it is not really that necessary.
They are Mini, Standard, Gold, Platinum, VIP, and the Islamic360. The minimum initial deposit to open an account is $250 while the highest is $50,000. If you don’t like the process of registering – worry not as you can sign-up using Google+ or Facebook.
Since their inception, they have worked hard to forge a reputation for trust and excellent value among traders. Between 74-89% of retail investor accounts lose money when trading CFDs. The broker offers money back on every trade made starting with the minimal initial deposit of $250.
However, because the broker is regulated by the CySec, there is a high chance that it is not a scam. With that being said, it still does not mean that Trade360 is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. Trade360 “crowd trading” concept is a welcome innovation, especially for beginner traders.
You do not need to make any minimum deposit if you take advantage of this promotion. Trade360 differs significantly from the broad broker mass and is an interesting alternative to the social trading offers. The Crowdtrading platform takes advantage of the knowledge of the masses and makes this available to all traders. Thanks to the latest Live Feed, they are always up-to-date and can either copy the trade decisions of the experienced traders or go their own way. Through the free demo account potential new customers can make a comprehensive picture about the broker. This broker is strictly controlled and regulated and is definitely one of the reputable sellers. The registration is done in a few minutes and a deposit can be made using all common methods.
Nevertheless, thanks to the innovative concept, the broker enjoys a constantly growing popularity. This is similar to the concepts of the two most popular social trading providers Tradeo and eToro.
- The CrowdTrader system alerts you to possible trend developments as those instruments popular with the crowd shift.
- A team of creative professionals at Trader360 has taken a new approach in Forex Trading.
- You must also include a clear image of the front and rear of the credit or debit card to be used for the withdrawal to the account you wish to credit.
- Prospective users can view the online trading platform and MT5 before registering or receiving Trade360 login details, but once registered, users will be prompted to login to execute trades.
Traders are encouraged to trade consistently as the higher the deposit, the more Cashback rewards Trade360 will pay out. The idea of displaying the crowd trading data is to make changes instantly along with open positions. The broker’s initial spreads on trading instruments are 0.8 pips on market indices, 5 pips on commodities and 1.8 pips on FX pairs. Crowd trading is the buying and selling of financial investments while using the collective knowledge of a group of traders to your advantage. It involves following and observing how other traders perform in the market and taking lessons from their mistakes. This kind of social trading enables less experienced traders to learn from the history and experience of seasoned traders. If you have traded with Trade360 and believe you have been scammed by them you have a chance to get your money back.
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