Score

4.54 /10
Average

Trade360

Regulated in Cyprus

Straight Through Processing(STP)

High potential risk

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Score

Regulatory Index5.50

Business Index8.20

Risk Management Index0.00

Software Index7.51

License Index3.92

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Company Name

Crowd Tech Ltd

Company Abbreviation

Trade360

Platform registered country and region

Cyprus

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Company summary

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WikiFX Risk Alerts
Previous Detection : 2024-09-29
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Trade360 · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Information
Registered Country/Region Cyprus
Found 2012
Regulation CYSEC
Market Instrument CFDs on currencies, commodities, ETFs, stocks and indexes
Account Type Classic, Premium and Zero Spread
Demo Account N/A
Maximum Leverage 1:30/1:400
Spread Vary on the account type
Commission Vary on the account type
Trading Platform Mobile Platform, WebTrader, CrowdTrading, Trading Central and MetaTrader5
Minimum Deposit $/€/£450
Deposit & Withdrawal Method credit/debit cards, e-wallets, and online/local bank transfers

Trade360 is the trading name of Crowd Tech Ltd, a Cyprus-registered online trader and financial services company founded in 2012 that provides forex, spreads, stocks, and other trading services to retail and professional traders.

Here is the home page of this brokers official site:

home page

Crowd Tech Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC), with regulatory license number 202/13.

General Information & Regulation

Note: The screenshot date is February 8, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Tradable financial assets tradable on the Trade360 platform include CFDs on currencies, commodities, ETFs, stocks and indexes.

Account Types

Trade360 offers 3 different trading accounts, namely Classic, Premium and Zero Spread, with minimum initial capital requirements of $/€/£450, $/€/£10,000 and $/€/£50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types

Leverage

Trade360 offers maximum leverage of 1:30 for retail clients and 1:400 for professional traders, 1:30 for forex, 1:20 for Gold and indices, and 1:5 for stocks and exchange-traded funds.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Spreads and commissions with Trade360 are scaled with the accounts offered. Specifically, the spread starts from 1.8 pips on the Classic account, from 1 pip on the Premium account and 0 pips on the Zero Spread account.

As for the commission, there is no commission on the Classic and Premium accounts, while the Zero Spread account holders have to pay a commission of $7.

Trading Platform

Trade360 says it offers 5 trading platforms for investors, covering Mobile Platform, WebTrader, CrowdTrading, Trading Central and MetaTrader5. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Trading Platform

Deposit & Withdrawal

Trade360 supports traders to access their accounts via credit/debit cards, e-wallets, and online/local bank transfers.

Customer Support

The Trader360 customer support can be reached 24/5 through telephone: +357-25-262-200 +357-25-583-294, Fax: +357-25-281-710, email: support@trade360.com, send messages online, as well as some social media platforms, like Facebook, Twitter, Linkedin, YouTube and Instagram. Company address: 116 Gladstonos, M. Kyprianou House, 3rd & 4th Floors, 3032, Limassol, Cyprus.

Pros & Cons

Pros Cons
• CYSEC-regulated • Regional restrictions
• Multiple tradable assets and funding options • High minimum deposit ($/€/£450)
• MT5 supported

Frequently Asked Questions (FAQs)

Q 1: Is Trader360 regulated?
A 1: Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC).
Q 2: At Trader360, are there any regional restrictions for traders?
A 2: Yes. Trader360 does not offer its service to residents of certain jurisdictions such as Australia, New Zealand, Canada, Iran, North Korea and Belgium. USA nationals are not accepted regardless of the country of residence. The information on this site is not intended for distribution to, or use by any person in any country where such distribution or use would be contrary to the local law or regulation, or any person under the age of 18.
Q 3: Does Trader360 offer the industry-standard MT4 & MT5?
A 3: Yes. Trader360 supports Mobile Platform, WebTrader, CrowdTrading, Trading Central and MetaTrader5.
Q 4: What is the minimum deposit for Trader360
A 4: The minimum initial deposit to open an account is $/€/£450.
Q 5: Is Trader360 a good broker for beginners?
A 5: Yes. Trader360 is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT5 platform.

News

NewsFormer Trade360 Manager Banned for 8 Years by ASIC

The Australian Securities and Investments Commission (ASIC) has barred Mark Bringans from trading for the next eight years. He used to be in charge of Sirius Financial Markets Pty Ltd, a company that traded in over-the-counter derivatives.

WikiFX
2022-11-03 14:01
Former Trade360 Manager Banned for 8 Years by ASIC

NewsWIKIFX REPORT: Trade360 Operator Surrenders Australia License amid ASIC Investigation

The company breached licensing obligations. The regulator also banned two executives of the OTC derivatives operator.

WikiFX
2022-08-23 14:42
WIKIFX REPORT: Trade360 Operator Surrenders Australia License amid ASIC Investigation

NewsWIKIFX REPORT: Trade360 and FX Arabic Signals launch a new telegram channel to help you trade better

The multi-award-winning online broker, Trade360 proudly announces a new collaboration with FX Arabic Signals for the release of a new Telegram channel for the Arabic-speaking world. The channel aims to make trading more profitable for traders of all levels of expertise, allowing them to make better-informed decisions and take advantage of more opportunities as they arise. It will focus on trading as it relates to the GCC region, with extra attention to local news, asset development and local stocks.

WikiFX
2022-08-23 14:38
WIKIFX REPORT: Trade360 and FX Arabic Signals launch a new telegram channel to help you trade better

NewsWIKIFX REPORT: Trade360 Dismissed From Australia Capital Market; Why?

The renowned Over-the-Counter (OTC) derivatives provider, Sirius Financial Markets Pty Ltd, allegedly surrendered its Australian Financial Services license. The Australian Securities and Investments Commission (ASIC) disclosed this information. ASIC thoroughly examined (OTC) derivatives providers, commonly operating under the brand Trade360.

WikiFX
2022-07-27 13:52
WIKIFX REPORT: Trade360 Dismissed From Australia Capital Market; Why?

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烟花易冷,人事易分。
more than one year
Hello! I want to share my experience with the Trade360 company. I don't understand people who write negative reviews about this company. I must say that this is not the case. Trade360 is stable in everything, both in services and in quality and work in general. By the way, what else I like is that they have the most adequate commissions.
Hello! I want to share my experience with the Trade360 company. I don't understand people who write negative reviews about this company. I must say that this is not the case. Trade360 is stable in everything, both in services and in quality and work in general. By the way, what else I like is that they have the most adequate commissions.
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2023-02-27 17:53
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郭公子港美股IPO
more than one year
A long-established broker, I traded with it six months ago, and I was quite satisfied with their performance, average spreads offered, but no slippage occurred. BTW, their customer support was professional too.
A long-established broker, I traded with it six months ago, and I was quite satisfied with their performance, average spreads offered, but no slippage occurred. BTW, their customer support was professional too.
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2023-02-13 18:40
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