Forex Brokers

Trade360

Trade360 claims to be the trading name of Crowd Tech Ltd

Trade360 claims to be the trading name of Crowd Tech Ltd, a Cyprus-registered online trader and financial services company established in 2013, providing retail and professional traders with trading services such as foreign exchange, CFDs, stocks, etc. . Crowd Tech Ltd is currently regulated by CySEC in Cyprus and holds its authorized pass-through license, regulatory number: 202/13.

Financial Instruments

The financial assets that can be traded on the Trade360 platform mainly include foreign exchange currency pairs, commodities, indices, exchange-traded funds, and stocks.

Account Type

The Trade360 platform provides six different trading accounts, namely mini account (minimum first deposit of $250), standard account (minimum first deposit of $1,000), gold account (minimum of first deposit of $5,000) , Platinum account (minimum first deposit of $10,000), Diamond account (minimum of first deposit of $50,000) and VIP account (minimum of first deposit of $100,000). Overall, the minimum account opening amount set by Trade360 is slightly higher relative to the industry as a whole.

Leverage

Trade360 provides retail clients with a maximum trading leverage of 1:30 and professional traders with a maximum trading leverage of 1:400. The maximum trading leverage for foreign exchange is 1:30, the maximum leverage for gold and indices is 1:20, and the maximum leverage for stocks and ETFs is 1:5.

Spread & Fees

Compared with most brokers, Trade360 offers products with higher spreads, such as 3 pips on EURUSD and 5 pips on GBPUSD, which is much higher than the industry standard. In addition, Trade360 charges a $100 account maintenance fee every 45 days and a commission for holding positions that are open overnight, making the overall fees prohibitive.

Trading Platform

Trade360 provides investors with three trading platforms, namely online trading platform, MT5 and mobile trading platform.

Deposits

Trade360 supports traders to deposit and withdraw from their accounts through credit/debit cards, e-wallets, online/local bank transfers.

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