FX.co ★ Trade360 - Broker rating, review and comments

About company

Trade360 is an online forex broker which is owned and operated exclusively by Crowd Tech Ltd., a Cyprus-based investment company. Trade360 was founded in 2013 by a group of commercial entrepreneurs and technical analysts. The brokerage services are supervised by the Cyprus Securities Exchange Commission (CySEC), ESMA’s Markets in Financial Instruments Directive II (MiFID II), and the current EU legislation on investment activities. Under such stringent regulatory requirements, the company must observe a list of rules. The key rules are the following:
* The broker must have at least EUR 730,000 in its accounts as a proof of its financial stability.
* Clients’ funds must be stored in segregated accounts.
* Clients’ personal data must be protected by the SSL encryption system and must never be conveyed to any third parties.

Trading conditions

• More than 200 trading instruments (48 currency pairs, 5 types of commodities, CFDs on 7 stock indexes, 41 ETFs, and stocks which make up the bulk of a portfolio
• 5 types of accounts depending on the initial deposit
• Proprietary method of online trading called Crows Trading
• SMS and signals
• Cash bonuses for holders of Gold, Platinum, and VIP accounts
• Advanced MetaTrader5 platform
• Islamic accounts on request
• Promo campaigns and welcome bonuses
• Zero commission on withdrawals

Trading platform

Trade360 offers its clients two trading platforms: popular MetaTrader5 and its own CrowdTrader.

Advantages of MT5

• a wide array of trading instruments
• flexible trading strategies
• professional technical analysis
• algorithmic trading
• virtual hosting

Advantages of CrowdTrader

• Extended charts
• Rapid input of market orders
• Monitoring overall trading statistics
• Every trading instrument goes with diagram containing plenty of indicators
• Clients can log on through Google or Facebook accounts
• There are mobile apps for Android, iPhone, and iPad

Support service

Clients can reach out to managers at Trade360 via a message form, live chat, email, phone or fax.

Traders’ reviews

Traders leave their comments on the Internet with polar opposite viewpoints. So, it is impossible to make an impartial conclusion. Some clients label the broker as a scam and bogus firm, complaining about troubles with profit withdrawal and theft of their funds. Others, on the contrary, are not going to terminate their cooperation with the broker. They are especially pleased with beneficial trading conditions and a zero commission on withdrawals.

Advantages:

• regulated broker
• fixed spreads
• no commission on withdrawals
• large leverage
• convenient MT5 trading platform
• demo account
• wide range of trading instruments

Disadvantages:

• troubles withdrawing funds
• customer support neglects traders’ arguments in disputes and conflicts
• trading instruments lack cryptocurrencies