The online investing world is something which never remains constant. Thanks to the ever rising innovative companies, we are witnessing volatility that never existed before and as a result, the retail traders are jumping in on the action. Trade360 is a CySEC regulated broker who has been active since 2013. Over the years, they have done their best to equip their clients with the latest software and education programs and as expected, they have earned themselves quite a reputation.
There are a few flaws in their operational model, but that mainly comes down to your personal preference and trading needs. In short, after a long time we are happy to see a reliable broker who will benefit the end consumers aka the retail clients.
Before you proceed to open an account with them and start trading, do go through this post to know all about them. We have covered topics ranging from their licenses to the unique features they bring to the table. So, take your time and analyse whether they are the ones that will fulfil all your requirements.
Trade360 Incorporation and Safety of Funds
Shortly after the inception of online brokers, many fraud entities blatantly looted the public and regulators were momentarily unable to stop them. Thankfully, now that is not the case and the progress made by authorities to safeguard the retail traders are leaps and bounds ahead of what it initially used to be?
Trade360 is owned by Crowd Tech Ltd, and they are regulated by the Cyprus Securities and Exchange Commission(license number – 202/13). CySEC compels this brokerage to keep the client’s funds in segregated accounts. In other words, even if the firm faces a severe loss, the client’s capital is protected to a large extent and given today’s market conditions, that’s a good way to ensure the safety of the funds.
Customer Support
Like every reputable regulated broker, this firm also gives a lot of attention to the customer support aspect. To assist their clients all around the world, they do offer multilingual customer support and clients can reach them via email, telephone and live chat. In addition to the methods mentioned above, users can also fill out a contact form and request a call back.
Note that customer support is available 24/5 from Sunday 5:00 GMT to Friday 13:00 GMT. The contact information is attached underneath this paragraph. Also, don’t forget to read through their FAQ section as most of the time, it will provide quick clarifications on all the generic questions.
Address: 116 Gladstonos, M. Kyprianou House, 3rd & 4th Floors, 3032, Limassol, Cyprus
Email: support@trade360.com
Phone: +357-25-030-622
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
This firm is also active on social media platforms such as Twitter, Facebook and Youtube.
Trade360 Account Types and Trading Platforms
There are 7 account types offered by Trade360. As a rule of thumb, know that as the capital goes up, more features are unlocked and better spreads and competitive prices are offered. If you are a professional, then you can get in touch with their support team to find out the perfect conditions that serve as a win-win situation for all the parties involved.
The key advantage of choosing a professional account is the leverage ratio. ESMA has capped the margin significantly in order to protect retail participants. Sadly, the order also has made it difficult for experienced day traders to make decent profits. Moving on to the trading platform, they do offer a lot of choices to the clients.
Users can choose the default web based trading interface that offers exclusive Crowdfeed input or they can go with MT5 platform or with native mobile trading app. They also offer VPS services which means if you are a fan of automation and would like to employ Expert Advisers, then you don’t have to worry much about it. The trading alerts from Crowdfeed is also a great way to assess overall market sentiment, but remember it is not a magical way of making a prediction.
So, don’t use it as a standalone system. The in-built sentiment indicator only displays the aggregated volume data and as such, it is quite limited in its functionality. All in all, regardless of the markets you are trying to tackle or the trading strategy you like to use, this firm really has something to offer to everyone.
Lastly, know that there is social trading function available, but for the specific details such as the cost and the other associated fees, you have to ask the support team as the prices are changed frequently.
Funding, Payments and Promotions
The great thing about this broker is that they don’t charge fees on any kind of deposits or withdrawals. Payment methods accepted by them contain all the popular options including credit or debit cards, Skrill, Neteller and other e-wallets. Minimum deposit amount is $250 and minimum withdrawal amount is believed to be around $100.
To place a withdrawal request clients have to complete mandatory KYC and unless the documents are accepted by the firm, the transaction won’t be processed. Most of the withdrawals are processed within 3 days, but sometimes it can take upto 14 business days. While some shady brokers might be offering huge incentives to new accounts, this one has completely eradicated it in order to adhere to the recent laws.
Education Centre
As the industry is shifting rapidly, most brokers have understood that the only way to retain the user base is through offering more value. As a result, a lot of them are offering exclusive market updates and other educational content which will enlighten the clients about the market mechanisms. This platform has a well designed blog section wherein the latest market events are discussed in great detail.
Though, the posts might be a little hard to understand for the newbies, it is something which they can get used to quickly and the experienced traders certainly appreciate the content. If you are not a fan of reading, then you can follow their Youtube channel and consume content in the form of video.
A lot of fancy platforms nowadays feature an educational section only for namesake, but on this platform the attention they have given is immense and it is appreciated by the community.
Trade360 Client Reviews
Trade360 has a lot of sister concerns and other associated domains which are active. As they have been sound since 2013, the user feedback they have earned goes a long way back. From Forexpeacearmy to Trustpilot, you can find the stories from the clients everywhere. On average, this broker has earned around 3 stars, but in the grand scale of things, it is not bad at all, especially given their popularity.
You can visit the forums to look at the comments by clicking the links put up above or you can just Google them up. If you feel like you have been mistreated by them or if you have lost money, then let us know the details by filling the contact form present on this page. Once we assess the situation, we will let you know the available methods of dealing with the situation for free.
Conclusion
Trade360 is a good regulated broker that offers a lot of trading instruments to the retail side at highly competitive prices. Their policies are crystal clear and the functionality they provide is more than enough for most of the market participants. They offer exceptional customer support and their KYC policies are also a breeze.
There are few complaints about them mishandling the situation, but since the evidence is not presented, we can’t do anything about it except give them the benefit of the doubt. In the end, we strongly do believe that this broker is doing their best in offering value to the traders and as such, it might be worth your time to look into them if you are looking for an online broker.
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