This broker has also been regulated by BaFin 10137446, CNMV 3697, CySEC 202/13, Finansinspektionen (Sweden) 34433 and ESMA.
Extensive Review
Trade360 is a CFD broker established since 2013. The company is authorized and regulated by CySEC under license number 202/13 and adheres to the EU's strict regulatory policies to protect clients.
They have a social trading service that can be extremely useful to many traders. Dubbed as CrowdTrading, it is a brand new way for everyone to enjoy online trading. At the core of the platform is a unique Live Feed. There are boxes with different Crowd Event that traders can click on to explore before opening a trade.
The Live Feed shows new price trends just as they're starting, as well as how many people are buying and selling an asset right now. The trends are money-making opportunities, as traders can go along with the majority direction. The live feed also shows trading signals from 3rd party providers, such as Trading Central.
On CrowdTrading, clients are continuously alerted to whenever trading signal occurs, including possible uptrends or downtrends triggered by a large amount of sudden buying or selling, sudden changes in trading volumes, and many more.
Based on the design of the CrowdTrading system, Trade360 received so many prestigious awards, including Most Innovative Social Trading Technology 2017 by The European Global Banking & Finance Awards, and Forex Innovator 2016 by AtoZ Forex.com Broker Awards.
The platforms provided by Trade360 vary in MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when as they can also access Trade360 platforms anywhere and anytime. The company allows trading in a wide array of financial instruments, such as currencies, stocks, indices, CFDs, commodities (gold, natural gas, oil, platinum, and silver), and ETFs.
There are five types of accounts provided by Trade360, including Mini, Standard360, Gold, Platinum, VIP, and Islamic360. Each account has different features and conditions. In Mini Account, traders have to pay $500 for a minimum deposit. Whereas on the VIP Account, it has the biggest minimum deposit of $50,000 and the most complete features including Live CrowdTrading Feed, Trading Signals, 24/5 Live Chat Support, and many more.
Leverage offered ranges from 1:400 on currency pairs and commodities, 1:20 on stocks, to 1:50 on both indices and CFDs. The spreads on most of the tradable instruments are competitive to other brokers, making Trade360 an ideal broker for traders wanting very high leverage with low spread.
Trading in Trade360 is regulated by the CySEC, and as such, it adheres to recently adopted measures by the European Securities and Markets Authority (ESMA). The measure poses different limitations on CFD trading.
Furthermore, accounts may be set up very quickly by sending initial copies of required documentation by email and can be funded via credit or debit card, e-wallet, and Bank Wire. Withdrawals take between 3 and 10 business days and are paid out using the same method in which the original deposit was made.
Traders do not need to worry about the safety of funds at this broker. Trade 360 uses a segregated account and protects personal data and online financial transactions. This is adjusted to the international accounting standards and regulations.
Another benefit is that traders will get the best service as soon as they open a trading account in Trade360. Their services are general market analysis, platform walk-through, technical support, account support, help in opening or closing positions, and help with deposit or withdrawal problems. Traders no longer need to worry about being confused since they can contact the Trade360 team directly in many ways, such as phone, live chat, fax, and email.
In conclusion, Trade360 has a very innovative platform in the form of CrowdTrading. This game-changing technology alone should be enough to attract adventurous traders who would like to try on different ways of trading. On top of that, Trade360 is capable of providing a safe environment for trading with its segregated account and licensed operations.