The broker does not charge any trading fees or commissions other than the spread, and you won’t be charged to deposit funds. Staying ahead of the curve is of utmost importance to banks in today’s competitive trade and supply chain finance field. Straight through processing and a 24/7 follow the sun model allow institutions to provide exceptional service to their corporate customers. In an increasingly complex and crowded field, Trade360 supports banks when they must quickly pivot to the latest in trade technology.
- Customers can receive cashback for active trading, and there is also a bonus for deposits.
- When it comes to stocks and shares, the specific spread will depend on the equity.
- You can view what your fellow Trade360 members are buying and selling, and subsequently decide whether you want to trade with or against the general consensus.
- We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
- The platform also comes with a fully-fledged forex department, which is great for those of you that wish to buy and sell currencies on a 24/5 basis.
- Trade360 explains the product and services well, making it unlikely clients will require customer support.
Conditions in trading: STP broker with no hidden fees
The minimum deposit for the entry-level account is $ 100, and a free training version is also offered. The broker acts as an STP broker, which especially convinces the professionals because the customer’s order is always executed under the best market conditions, and a Trade360 fraud is extremely unlikely. Trade360 offers over a thousand symbols on its innovative app for web and mobile. It also supports MetaTrader 5 (MT5), making it a versatile platform for forex and CFD trading.
Trade360 Review 2024
A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. CGI Trade360 gives you the power to meet ever-evolving customer needs and deliver exceptional service with the most robust functionality and technology on the market. This European Union legislation enforces safe practice regulations and standards for financial investment companies in the European Economic Area, which includes the UK.
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To submit a withdrawal request, traders must provide photo-ID, credit card details, and proof of residence documentation. Trade360 processes withdrawals using the same payment method that was used to place the deposit, up to the value of the initial deposit, and any additional amount is paid via direct bank transfer. Trade360 is a CFD and forex broker that specialises in crowd trading, a feature that displays trader behaviour within current market conditions. This review will cover the main features of the Trade360 platform, including login, key features, regulation, and the withdrawal process. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D.
Take note, in order to comply with anti-money laundering laws – as well as the regulations set out by CySEC, Trade360 will be required to identify all traders that use its services. Trade360 is an online platform that allows you to trade a range of financial instruments. This includes a plethora of CFDs in the form of stocks, gold, and oil – as well as ETFs and indices.
Beginners’ and Customer Support
There are six different account types to choose from at Trade360. The higher your opening deposit, the more ‘prestigious’ your account is considered to be, and the more perks that are available to you.The entry point is the Mini account, which has a minimum deposit of $250. You’ll have access to the broker’s bespoke CrowdTrading platform, trading signals, and customer support 24 hours a day, five days a week. However, and this cannot be stressed enough, Mini account holders do NOT have access to MT5 in their trading.
The software offers a user-friendly trading experience similar to the online platform, including the live feed for crowd trading, interactive charting of real-time rates, and daily ranges. Their proprietary online CrowdTrading platform is fairly easy to use, although it can be a bit difficult to navigate relative to the platforms supported by other brokers. Still, it uniquely offers traders potentially valuable and timely market information based https://investmentsanalysis.info/ on what large groups of people are doing in the market. In addition, the platform is available for mobile devices running Android or iOS operating systems. Through the company’s proprietary CrowdTrading platform, traders can choose from a wide variety of tradable assets. The unique interface offers live data feeds of crowd activity that provide traders interested in the behavior of crowds, with a basis upon which to make a trading decision.
It offers all of the functionality you would suspect from standard desktop trading platforms. Although the usual financial products can also be traded here, the provider, founded in 2013, has many innovations. Therefore, in addition to the trading prices, Trade360 displays percentages from which you can quickly see how many traders buy at this currency pair and sell how many. The so-called “crowd” decisions play just as much a role in the search for profitable trades as the classic price analysis. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Trade360 is a CySEC-regulated broker offering something unique through its CrowdTradingTM technology.
The mini account is intended for newcomers, as it offers access to forex trading for a small investment thanks to a low minimum deposit of only 100 USD. Advanced traders and professionals choose one of the higher account models, depending on the desired deposit amount and trading volume. Trade360’s customer service department is open 24 hours a day throughout the financial trading week.
The platform also allows for customisation and provides access to the MetaTrader Market, where clients can download a range of tools and features. Trade360 is a unique type of regulated broker, providing a social trading service that can be extremely useful to many traders. The broker also allows for trading in a wide array of financial instruments. A favorite CrowdTrader feature is that it allows the trader to monitor the market through a live feed, showing market trends taking place and changing in real time. This feature gives the trader an edge since they can monitor the so-called “wisdom of the crowd”.