TD365 Spreads, leverage, minimum deposit Revealed

TD365 Information

　　Registered in The Bahamas, TD365 is an offshore broker. Using CloudTrade and MT4 systems, it provides spread trading on several markets. Regulators have highlighted it as a dubious clone despite its low fixed spreads and single currency accounts since it uses license information from another company, Trade Nation Ltd.

Pros and Cons

Is TD365 Legit?

　　No, TD365 is not regulated. It is identified as a suspicious clone, meaning it is falsely claiming to be regulated by impersonating the details of a genuine licensed entity. The regulator has flagged this firm as fraudulent.

What Can I Trade on TD365?

　　TD365 offers a wide choice of tradable assets, including six global indexes, significant forex pairings, commodities such as gold and oil, cryptocurrencies like Bitcoin and Ether, and stocks from the ASX, US, UK, and EU markets.

Account

　　TD365 has two primary account types: a Demo Account and a Live Spread Trading Account. Live accounts operate on a Single Currency Trading system, whereby users trade completely in their base currency (USD, GBP, EUR, AUD, etc.), hence reducing FX conversion costs. There is no mention of Islamic accounts, hence one assumes they are not available.

Leverage

　　With leverage up to 200:1, TD365 lets traders open trades valued up to 200 times their account amount. Although great leverage might improve gains, it also greatly raises danger.

TD365 Fees

　　TD365's trading costs are fairly low compared to industry standards, particularly for well-liked instruments, given its close fixed spreads and no commission approach.

Trading Platform

Deposit and Withdrawal

　　TD365 offers a broad spectrum of payment options including credit/debit cards, e-wallets, cryptocurrency deposits, and local bank transfers (where applicable). Users need log in to see precise accessible ways since the choices differ by country and account currency.