Trade360 Review – Online Platforms, Commission, Leverage, Account Types, Features & moreLast Updated Date: Apr 27, 2022
Fees, features, educational facilities are just a few things you can consider when hunting an online broker.
But if you are entering the market with a serious intention, conducting thorough research is vital.
Such as, you might have received lots of reviews on the Trade360 Forex Broker. All with different bells and whistles, but we want to direct you for good.
Hence, we cover all those essential details right in this Trade360 Review that you might have forgotten to consider earlier.
About Trade360 & Accepted Countries
|Founder / CEO||Patrick Forbes|
There’s never been the best time to become a trader. Because the moment you plan and decide to connect with an online broker is the start of your journey, but it’s worth noting that this journey can be worse if you aren’t dealing with the best option.
Luckily, most traders make a wise choice by joining the Trade360 trading platform.
And this Trade360 Review is also intended to reveal the potential and capabilities of Trade360.
The brokerage firm’s name itself gives us a quick idea that you will receive 360-degree trading solutions here. But the overall authenticity in this fact will be discussed in the article ahead.
Trade360 trading platform is a subsidiary of Crowd Tech LTD., founded in 2013 and awarded multiple rewards over its lifetime.
However, the broker has not been regulated by multiple regulators. Still, CySEC licensing gives us assurance over the credibility and authenticity of this trading platform.
But leave the idea of trading via Trade360 right away if you are a resident of New Zealand, the United States, Iran, Canada, Korea, or Belgium because the broker doesn’t provide services in the given countries.
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Trade360 Trading Platforms
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Trading Platform Supported Languages||Arabic, Dutch, English, french, german, Italian, Polish, Spanish, Turkish|
We have received a brief outlook of Trade360 past, but now we’ll get into the breadth and depth of its trading platform.
Trade360 almost makes every needed service available to its users. The broker does everything to match your trading style.
Still, unlike other trading platforms, the broker doesn’t offer you multiple alternatives. To simply put, you receive only MT5 trading platform access and not MT4.
But in addition to it, the broker provides a crowd-trading platform that brings you the ability to trade along with other trading experts.
Crowd-trading allows you to trade with an in-house team digitally connected for a particular trade online.
Apart from that, you are also offered a web-trading facility. If you aren’t satisfied with MT5, then you have two great alternatives.
Besides, every essential feature is provided to the aspiring broker to encourage a seamless trading experience at Trade360.
Trade360 Mobile App
Trade360 App is also available to encourage mobile traders. One can carry out almost every trading activity on mobile devices using this app.
The mobile interface is quick, simple, and versatile. You can access a full range of features at your fingertips, so go wherever you wish without skipping your trading schedule.
The market will be in your pocket, so keep taking an informed trade. Trading hours, leverage, live chat support, and technical tools benefit mobile users in multiple ways.
Our Trade360 Review has garnered some positive opinions on this trading app because it offers you a handy solution to trade assets online.
The app has been made available on both the Google play store and the Apple app store. And the links to the trading app can be obtained from the broker’s official website.
Check out Mobile Apps of more Forex Brokers
Trade360 Commission or Brokerage or Fees
|Commission on trades||No|
Now comes the most crucial part of the whole discussion – The Trade360 Commission. However, the explanation on this particular topic is twofold.
The broker charges no commission on stock trading, but if your trading is aggressive, then charges are applied.
Apart from that, the broker offers fixed spreads on all CFDs, which are likely to wipe out issues for you because you will be able to get a clear pattern of spreads that is a primary source of income to Trade360.
However, AMC is a matter of concern for many existing traders at Trade360 because the broker charges 100 USD after every 45 days for account maintenance which is way too high. Moreover, if you hold a position overnight, applicable charges are levied.
You can also check the broker’s terms and conditions page to get the brief outlook of commission and related charges on trading at Trade360.
Trade360 Exposure or Leverage
If you want to increase your exposure to the market without putting excessive investment on a trader, then you’ll surely love this feature by Trade360.
In our Trade360 Review, we discover the broker offers two different leverage support options to its users.
To simply put, 1:20 leverage has been made available for Retail traders wherever 1:400 is for a professional one.
Above all, the best thing we found about leverage support by Trade360 is that a trader can self-select the desired leverage ratio.
It is entirely up to you whether you want to take a greater position or an average one.
Payment Methods provided by Trade360
|Deposit||Cash-U, Credit Card, Moneybookers, Neteller, QIWI, Skrill, Wire Transfer|
|Withdraw||Credit Card, Neteller, Skrill, Wire Transfer|
Payment methods can affect your trading journey at Trade360 if you fail to pick an ideal option.
But thanks to the Trade360 trading platform because the broker offers flexibility at traders’ hands by providing multiple payment options.
To simply put, you can use the following payment options to submit funds in your trading account or withdraw the needed amount whenever is required.
- For payment – Cash-U, Credit Card, Moneybookers, Neteller, QIWI, Skrill, Wire Transfer
- For withdrawals – Credit Card, Neteller, Skrill, Wire Transfer
Few payment methods, such as credit card and wire transfer, can be subjected to certain charges; that’s why it’s worth checking and selecting the ideal payment options.
Find out Payment Methods provided by other Forex Brokers
|Windsor Brokers||Blackbull Markets||City Index||Plus500|
|XTB||Blueberry Markets||HotForex||Naga Broker|
Investment in Asset Classes or Markets by Trade360
|Total Tradable Assets||500|
|Number Of Currency Pairs||50|
|Number Of Cryptocurrencies||0|
|Number Of Stocks||350|
|Number Of Indices||8|
|Number Of Commodities||5|
|Number Of Futures||N/A|
|Number Of Options||N/A|
|Number Of Bonds||N/A|
|Number Of ETFs||60|
Trade360 offers a complete suite of trading instruments to aspiring traders. In our Trade360 Review, we discovered that the broker deals in the assets as stated below –
However, the broker doesn’t deal in crypto trading. In addition, Options trading is also unavailable. Still, you receive tradable items in a big list.
The broker has a total of 500+ tradable instruments available on its trading platform, of which 350 are stocks. No wonder you can definitely try a good hand at the Trade360 trading platform.
Trade360 Virtual Trading or Demo Account
Trade360 is often supposed to be the best fit for professional traders. Though, there can be multiple reasons behind this assumption.
But in our review, we don’t find it a whole truth. The broker does everything for its small-level traders as it does for the professional ones.
To simply say, no matter if you are on Trade360 App or website. If you are a newbie and a bit worried about your investment capital, then you must consider giving a demo account a try.
Trade360 demo account is a free virtual or a practice trading account that aims at helping both newbie and professional traders to learn trade execution.
Virtual currency support in the demo account is an added benefit.
Whenever you feel a bit worried about your particular trading move, make sure you have an option available to feel confident.
Trade360 Offers or Deals
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||Yes|
|Flexible Brokerage Plans||Yes|
|Forex Trading Contest||No|
|Trading Bonuses & Rewards||No|
Unfortunately, we don’t see any special offers, deals, or promotions that excite users at Trade360.
The broker has no such policies which are all-right because many regulators don’t allow online brokers to launch such offers.
However, Trade360 does run a partner program and offers membership at a discounted price to clients sent via the affiliate program. More information you can avail from brokers’ website.
Trade360 Regulation or Licensing
Regulations and licensing bind a brokerage firm under some strict rules and regulations made in favor of traders’ rights.
Hence it is also advised to consider going with a well-regulated trading platform only. However, even a single regulation can conclude a broker the trusted source to start trading at.
Such as, Trade360 gets licensing from only CySEC (Cyprus Securities and Exchange Commission) that has given licensing to many online trading firms.
Hence, this particular achievement represents Trade360 as a legit broker that you can trust.
Find out Regulations & Licensing of more Forex Brokers
|Social Trading / Copy Trading||No|
|Guaranteed Stop Loss||Yes|
|Guaranteed Limit Orders||Yes|
|Guaranteed Fills / Liquidity||No|
|Trading From Chart||No|
|Interest On Margin||No|
|Other Trading Features||No|
It’s time to break down some vital information on features that Trade360 offers on its trading platform to serve a beautiful trading experience online.
On its state-of-the-art trading platform, the broker makes every essential feature, tool, and function available to both its retail and professional clients.
In short, you are offered technical tools, risk-management tools, charts for technical analysis—access to MT5 trading platform, web trading, and the most notable crowd trading.
You can conduct instant market analysis using all these tools offered by the broker. At the same time, 24×5 hours customer support is also a notable thing.
You can trade over 500 CFDs at this trading platform, no matter if you are using the Trade360 App or website.
Trade360 Account Types
Take a look at the types of accounts that the company is offering:
|Account Type||Mini Account||Standard 360 Account||Gold Account||Platinum Account||VIP Account|
|Initial Deposit||500 USD||1000 USD||5000 USD||10,000 USD||50,000 USD|
|Spread||5 pips||5 pips||3 pips||3 pips||2 pips|
|Leverage||1:30 (Retail) 1;400 (Professional)||1:30 (Retail) 1;400 (Professional)||its 1:30 (Retail) 1;400 (Professional)||1:30 (Retail) 1;400 (Professional)||1:30 (Retail) 1;400 (Professional)|
Trade360 Commission is more likely to be decided by account type.
However, this isn’t a new thing because brokers nowadays offer separate trading account options for their clients. Just like at this trading platform, you receive a premium account and a zero account.
Trade360 names it “Zero Account” because you can start trading with as low as zero amounts.
The broker doesn’t compel you to submit a minimum deposit amount. However, trading requires a decent amount of capital to execute a successful order.
The second account is the premium account which is more suitable for professional traders because a $250 minimum deposit amount is needed to enter this account.
But we will recommend you to use a professional account because no commission on trade is charged from traders. Whereas in Zero Account, $7 is charged on trade per lot.
Trade360 Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||Dealing Desk, STP|
|Suitable for beginners||Yes|
|Suitable for professionals||Yes|
|Suitable for scalping||No|
|Suitable for daily trading||Yes|
|Suitable for Weekly trading||Yes|
|Suitable for swing trading||No|
Trade360 – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team:
|Daily Market Commentary||No|
|News (Top-Tier Sources)||No|
|Company Stock Review||No|
|Free Stock Tips||No|
After covering up every information on the Trade360 platform, we have found some critical benefits in this article that a trader receives upon joining Trade360. These include-
- Multi-market access
- Educational tools and resources
- Free virtual trading account with virtual fund pre-filled
- Customizable leverage support
- Separate account options tailored to diverse traders’ requirements
- Reasonable commission
- Easy to use and interactive user-interface
- Crowd trading is a unique offering
Trade360 Cons or Drawbacks
The drawback side of the Trade360 trading platform is also not that satisfying. The significant drawbacks of using the Trade360 platform are as follows –
- Trade360 Commission on account maintenance is high
- Customer support isn’t available on Sundays, weekends, and holidays
- The minimum deposit amount is also high
Trade360 Trading Hours
Although you can use Trade360 for 24 hours, the exact time frame still depends upon the real market and the type of asset.
Stocks are normally traded from Monday to Friday, but the time frame for currencies can vary.
Therefore, it is always advised to consider re-checking the price of the actual market. Although, the broker itself shares market updates with its clients via email.
Trade360 Customer Care or Contact Details
|Support During Weekends||No|
|Live Chat Support||Yes|
|Customer Support Languages||Arabic, Dutch, English, French, German, Italian, Polish, Spanish, Turkish|
Trade360 trading platform ensures that its client receives instant support from its representatives, thus offering multiple contact details as stated below.
- Chat function – 24/5 Monday to Friday,
- Phone number – +357-25-030-622
- Email – email@example.com
- Contact form – available on the Contact page
However, contact details for each country can vary. Hence, for the exact contact details, you can visit the broker’s official website.
Trade360 Safety & Security
Trade360 has been regulated by CySEC (Cyprus Security Exchange Commission) Europe.
This helps Trade360 in building a trusted and authentic spot for itself in the industry.
If you still have some doubt left in your mind and want to grab more information on brokers’ overall credibility, then you can check the broker’s about us page.
There, Trade360 shares all information on its trading services with an idea about its years of brokerage experience and existence in the industry.
Trade360 Rating & Reviews
Based on different users and their experiences below are the company rating and reviews:
|User Experience||7.5 / 10|
|Products & Services||7.8 / 10|
|Brokerage Charges & Fees||8.1 / 10|
|Research & Advisory||8.2 / 10|
|Trading Platforms||8.1 / 10|
|Overall Ratings||8.0/ 10|
|Total Client Reviews||67|
Trade360 Forex Trading – Conclusion or Verdict
Trade360 is evolving with a trusted image in the industry.
Even though the broker charges a relatively higher commission on trade, and the minimum deposit amount is also high, a separate facility keeps us fully sorted.
You are offered the choice of selecting a desired trading style and a desired facility from the broker. Altogether, Trade360 is the best fit for both retail and professional users.
Trade360 Forex Trading FAQs
Here is the list of FAQs related to the Trade360 forex trader review:
Is Trade360 Safe For Trading?
Trade360 is a legit online trading platform.
The broker is licensed by Cyprus Security Exchange Commission, Europe, clearly indicating that it is a trusted source to start trading with.
Thousands of traders around the world are using and trusting Trade360. Hence it won’t be wrong to call it a safe platform to start trading.
What Is The Commission For Trade360?
Commission for trade at the Trade360 trading platform depends solely on your trading account.
Commission on trade per lot is absent in the Professional trading account by Trade360.
But if you choose a Zero trading account, then make sure you are ready to handle a $7 commission per lot.
How To Open a Trading Account With Trade360?
You can open a trading account with Trade360 in just a few simple steps.
Simply give your log-in details, username and set a strong password.
Choose between zero account and professional account and submit the needed details and asked list of documents.
Submit a minimum deposit where it is applicable and start trading.
Can I Invest In Cryptocurrency With Trade360?
No, you can’t invest in crypto-currency with Trade360.
The broker predominantly deals in stocks, indices, commodities, and currencies.
In addition, no digital asset trading is available at Trade360.
What Leverage Does Trade360 Provide?
Leverage support at Trade360 varies because it is solely decided by the account you choose for trading.
To simply put, the broker provides 1:20 leverage to retail clients and 1:500 to professional clients.
The best thing is you can self-select the desired leverage.
Does Trade360 Have a Trading App?
Yes, Trade360 has a trading app that anybody can install from the google play store and apple app store.
All you need is decent internet connectivity and a well-working smartphone device.
You can execute orders and conduct technical analysis on the go in this trading app exclusively powered by Trade360.
How To Contact Trade360 Customer Care?
You can contact the Trade360 customer support team using the following contact details.
- Web Chat function – 24/5 Monday to Friday,
- Contact form – available on the Contact page
- Email – firstname.lastname@example.org
- Phone number – +357-25-030-622
Is Trade360 Regulated?
Yes. Trade360 is a well-regulated trading platform Cyprus Security Exchange gives license to this trading platform making it one of the most trusted sources to start trading online.
Is Trade360 Good For Beginners?
Yes. Trade360 is suitable for beginners. You can learn and trade an asset at the same time on this multi-asset trading platform on the go.
Who Founded Trade360?
Patrick Forbes is the person behind the Trade360 trading platform founded in 2013.
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