Trade360 Forex Broker Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Trade360 Review

General Information

Company Information

  • Broker’s Name : Trade360
  • Headquarter : Cyprus
  • Regulation : CySEC, MiFID

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $250
  • Maximum Leverage : 1:400
  • Account 1 : Mini
  • Account 2 : Standard360
  • Account 3 : Gold
  • Account 4 : Platinum
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Metals :
  • Oil :
  • Gold :
  • Binary Options :

Trading Platforms

  • Type of Platform : Proprietary platform
    • Mac
    • Windows
    • Linux
    • Mobile
    • Web
    • iPhone
    • iPad
  • Trading Signals :
  • Market Analysis :
  • Hedging :
  • Mobile Alerts :
  • Mobile Trading :
  • Customer Support

    • English
    • Arabic
    • Italian
    • German
  • Support Hours : 9/5
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Non-Forex Offering
    • The “Crowd”
    • Limited Choice of Platforms
    • No Education Center

    Review

    Trade360 CrowdTrading is a Cypriot broker domiciled in Cyprus and regulated by CySec (Cyprus Securities and Exchange Commission). Cyprus is a regulated and well known domicile for brokerages. They are also covered by MiFID regulation. Trade360 is under constant scrutiny and review.

    Accounts

    Trade360 offers a demo account as well as a real money account.

    The minimum deposit required to open an account is $250, which is quite low and accessible. Certain selected individual stocks are available to trade. Leverage offered ranges from maximums of 400:1 on commodities, 20:1 on stocks, 50:1 on indices and CFDs, and 400:1 on Forex currency pairs. This is a large amount of leverage to offer, and of course customers do not have to use it all as the minimum position sizes are reasonably small (microlots are offered on Forex pairs).

    The wide range of assets offered for trading is without question beyond the offering of most comparable brokers, providing the trader with plenty of choice regarding what to trade. Even taking the Forex by itself, an extremely wide range of pairs are offered.

    The spreads offered on most of the tradable instruments are not the highest out there, but they are certainly not the tightest. They are reasonably competitive for traders wanting very high leverage with low deposits.

    Accounts may be set up very quickly by sending initial copies of required documentation by email, and can be funded by Credit or Debit Card, eWallet, or 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.

    Accounts may not be opened by U.S. citizens.

    Features

    The most unique feature is the “crowd trading” style of the platform offered, which is available both as an easy-to-se intuitive web-based interface requiring no download or maintenance, and as a mobile / tablet application available from the Apple App Store and Google Play.

    Trade360 set out the logic of the Crowd Trading style by claiming that scientific research suggests that large samples of people faced with the same choice simultaneously tend to produce a statistically accurate average choice. The platform works as follows: “We monitor the trading positions and movements of different segments of Traders, and present them in an aggregated approach that’s easy to understand. By examining the crowd’s movements before opening a trading position, our Traders are able to make confident, well-informed trading decisions.”

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Good for Beginners!
      Free Education + Free Demo Account!
      Get Your Sign-Up Bonus Now!

    • Binomo
      Binomo

      Only For Experienced Traders!

    This is expressed in the platform’s layout. You can select which assets to display as tickers. The layout is very clean and easy to read, you see the bid and offer prices for each that are currently in the market. At the bottom of each ticker, the percentage of traders positioned long or short of that asset is displayed in real time. This makes it easy to see at a single glance what the crowd is thinking about any instrument you are considering trading.

    A quick glance at the default screen set-up by this reviewer indicated that the strongest crowd opinion was over the S&P 500 Index. 67% of traders with open positions are long, showing a clear crowd opinion. As it happens, this market is in a long-running bullish trend, which is in agreement with the crowd consensus.

    This crowd sentiment feature is augmented by a ticker running down the right side of the default screen layout which highlights breaking news regarding sudden swings in crowd sentiment. This means that you do not have to keep scanning through all the instruments minute-by-minute to keep an eye on what the crowd is thinking. These “breaking news”-style sentiment shifts are also accompanied by a little commentary explaining how quickly the shifts are occurring. Examples are shown below:

    Instrument “lookups” are available ranked by popularity, volatility, and % daily change.

    When you select a particular instrument to trade, it opens up with a new view which shows the net amount of traders long and short from your country, as well as globally.

    This new view also shows a technical chart which frankly is rather limited. Only a very few indicators and other technical studies are available, and time frames are limited to 5 minutes, 1 hour, daily and tick charts.

    On the positive side, a choice of several languages is available.

    Social

    Facebook and Google+ accounts may be linked in to the trading account, allowing an extra and external social dimension to the trading experience.

    Trade360 CrowdTrading Bonus

    A cash bonus of $50 is currently offered to new traders opening real accounts. There is also a $60 bonus for participating in their Practice Area, as well as a cashback per trade offering.

    Customer Support Services

    Trade360 offers a wide range of support services, with the exception of any kind of managed account or investment advice:

    • General Market Analysis – Understand the market with Trade360’s leading technical & fundamental analysis.
    • Platform Walk-Through – Complimentary eBook guide, with a full explanation of how to work with Trade360’s trading platform.
    • Technical Support – Receive assistance for any technical issue that might arise.
    • Account Support – Receive support for any general issues regarding your account.
    • Help in Opening and/or Closing Positions – Assistance with basic trading features.
    • Help with Deposit and or/Withdrawal Problems – Assistance with failed deposits, delayed withdrawals, etc.

    There is no live chat function at present. Support is given by telephone and email.

    Conclusion

    The key positives in Trade360’s offer are low minimum deposits, an extensive crowd sentiment feature, a very wide of assets and an easy-to-use, intuitive trading platform.

    Features

    The feature which really stands out with this broker is the CrowdTrading™ feature. Through the trading platform and mobile application, you as a trader are continuously alerted to whenever the following occurs:

    • Possible uptrends or downtrends triggered by a large amount of sudden buying or selling
    • Sudden changes in trading volumes
    • Actual percentages of traders who are significantly long or short of trading instruments
    • Strong market movements occurring quickly
    • Surges in new openings of long or short trading positions

    This is a rare feature, based upon scientific research which can give an intelligent trade a basis to build a market edge.

    Platforms

    Proprietary Web Trader

    Trade360 offers one single trading platform: an advanced web based proprietary trading platform. The platform is entirely web-based, requiring no download or software installation. The platform has a built-in, sophisticated charting package and includes one-click trading. It is certainly intuitive and easy to use, and very unlikely to cause any navigation problems for anyone.

    The platform includes an innovative social trading element, where within the actual platform itself you can see what the crowd is doing, giving traders the chance to learn from other traders and exploit the wisdom of the crowd.

    Mobile

    Trade360 offers its proprietary platform as a mobile application free of charge, 24 hours a day and is available wherever there is mobile coverage. It provides live prices and charts, up to the minute market news and analysis, the ability to trade on the go. All the same functionality as the web-based platform is offered.

    User Reviews

    Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

    Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

    Trade360

    • Company TradeIB Ltd
    • Founded in 2020
    • Offices in
    • Credit/debit cards
    • giropay
    • iDEAL
    • Neteller
    • Skrill
    • SOFORT
    • Wire transfer
    • United States dollar
    • CySEC, 202/13
    • Dutch
    • English
    • German

    Account Types:

    • Minimum account size $1,000
    • Minimum position size 0.01 lot
    • Spread type Variable
    • Typical spread on EUR/USD, pips 2.8
    • Minimum spread on EUR/USD, pips 2.3
    • Scalping Allowed
    • Expert advisors Forbidden
    • Trading instruments
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
    • Forex 1:200
    • CFD 1:200
    • Stocks 1:200
    • 2020-01-09 First listed on EarnForex.com.

    Reviews

    There are no reviews for Trade360 available for now. But you can add your own review!

    Submit your review

    To submit your own Forex Broker review for Trade360 fill the form below. Your review will be checked by a moderator and published on this page.

    By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. [email protected]) will not be published. Please submit your normal e-mail address that can be used to contact you.

    Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

    One more step

    Please complete the security check to access scambroker.com

    Why do I have to complete a CAPTCHA?

    Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.

    What can I do to prevent this in the future?

    If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.

    If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

    Another way to prevent getting this page in the future is to use Privacy Pass. You may need to download version 2.0 now from the Chrome Web Store.

    Cloudflare Ray ID: 580518dfda9b00b0 • Your IP : 91.105.238.94 • Performance & security by Cloudflare

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Good for Beginners!
      Free Education + Free Demo Account!
      Get Your Sign-Up Bonus Now!

    • Binomo
      Binomo

      Only For Experienced Traders!

    Like this post? Please share to your friends:
    Binary Options Trading
    Leave a Reply

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: