Overall Trade360 is a trustworthy and low-risk broker with an overall rating of 6 out of 10. Trade360 is authorized and regulated by CySEC and offers leverage up to 400:1.
Trade360 at a Glance
| 🔎 Broker's Name | Trade360 |
| 📍 Headquartered | Limassol, Cyprus |
| 📅 Year Founded | 2013 |
| ⚖️ Regulating Authorities | CySEC, MiFID |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 400:1 |
| 💰 Minimum Deposit | $ 250 / R 4 290,34 |
| 💳 Deposit Options | Bank Wire, Debit, and Credit Cards |
| 💳 Withdrawal Options | Bank Wire, Debit, and Credit Cards |
| 💻 Platform Types | Proprietary platform |
| 📱 OS Compatibility | Mac, Windows, Linux, Mobile, Web, iPhone, iPad |
| 📈 Tradable assets offered | ETFs, CFDs, Metals, Oil |
| 👨💼 Languages supported on Website | English, Arabic, Italian, German |
| 👥 Customer Support Languages | English, Arabic, Italian, German |
| 📆 Customer Service Hours | 9 hours per day, 5 days per week |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 250
Regulators
CySEC, MiFID, ASIC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade360 Review – 22 key points quick overview:
- Trade360 at a Glance
- Trade360 Review – 22 key points quick overview:
- Trade360 Overview
- Trade360 Safety and Security
- Trade360 Sign-up Bonus
- Trade360 Minimum Deposit
- Trade360 Step-by-step guide to depositing the minimum amount
- Trade360 Account Types
- Trade360 Account Features
- How to set up a Trade360 Demo Account – Step by Step
- Trade360 Islamic Account
- Trade360 Trading Platforms
- Trade360 Fees and Spreads
- Trade360 Deposit and Withdrawal
- Trade360 vs Etoro vs XM – Comparison Table
- Trade360 Best Countries by Traders
- Trade360 Current Popularity Trend
- Trade360 Customer Reviews
- Trade360 Pro and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
Trade360 Overview
According to research in South Africa, Trade360 is an online broker that was founded in 2013 and is the registered name of MPF Global Markets Ltd.
Trade360 is based in Limassol, Cyprus, and is especially noted for its innovative platform CrowdTrading, which is based on research signifying that group behavior patterns may reveal market trends before they appear as exchange rates or prices in the market.
Through this CrowdTrading traders can choose from a wide variety of tradable assets. The unique interface offers live data feeds of crowd activity that provide traders with a basis upon which to make trading decisions.
Trade360 Safety and Security
One of the best benchmarks to measure the safety of a broker like Trade360 is to establish which regulating authorities are watchdogs over its actions.
Trade360 is authorized and regulated as a broker by the Cyprus Securities Exchange Commission (CySEC) with license number 202/13.
Due to its CySEC authorization, Trade360 adheres to the standards of the Markets in Financial Instruments Directive or MiFID.
This European Union legislation enforces safe practice regulations and standards for financial investment companies in the European Economic Area, which includes the UK.
These regulations require that Trade360 segregates client funds from company funds and stores personal data using SSL encryption.
Trade360 uses two layers of firewall protection one at the server level and one at the application level to ensure that no unauthorized access is possible.
Trade360 employs two separate server farms protected by armed guards 24/7 in separate locations, which have to be synchronized, making it impossible to tamper with the broker’s information.
Trade360 Sign-up Bonus
Trade360 does not offer a sign-up bonus.
No sign-up bonus, deposit bonus, or welcome bonus is offered to traders who register a real account withTrade360.
This is in direct alignment with the EU regulation that no such bonuses are allowed to be offered.
Through these bonus offers brokers often attempt to draw the new customer to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
Even though Trade360 does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.
Min Deposit
USD 250
Regulators
CySEC, MiFID, ASIC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade360 Minimum Deposit
Trade360 has a minimum deposit requirement of $ 250.
This minimum deposit amount is equivalent to ZAR 4183,78 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
Trade360 is strictly by the Cyprus Securities Exchange Commission (CySEC). In addition, the broker is also regulated in Australia by the Australian Securities and Investments Commission (ASIC).
The broker also strives to adhere to the strict standards under ESMA’s Markets in Financial Instruments Directive II (MiFID II) and similar legislation in Australia.
It is a requirement by most regulatory bodies and financial institutions, amidst several other strict rules and regulations, that all client funds must be kept separate from the broker account, and traders can only use it to conduct trading activities.
Trade360 Step-by-step guide to depositing the minimum amount
Deposits can be made with Trade360 using the following steps:
Traders can fund their accounts from their own bank account by sending the funds to one of the Trade360 segregated client accounts or access the option to deposit the minimum amount from their personal area after having registered a live trading account and it has been approved.
Step 1 – Log in
Traders simply log into their personal area, select the option for deposits, and follow the instructions to deposit into their trading account.
Step 2 –Make the deposit
Traders fill in the amount they want to deposit, their country, and payment method and must ensure that they select the correct deposit currency before they make a deposit.
Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.
Min Deposit
USD 250
Regulators
CySEC, MiFID, ASIC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade360 Account Types
Trade360 offers eight live trading accounts to choose from, namely Mini, Standard, Gold, Platinum, Diamond, and VIP that can be opened on the Paragon Ex platform. On the Metatrader5 platform, clients can open a Premium and Zero account. It also makes provision for clients that follow the Muslim faith through an Islamic Account.
Every account enables access to the broker’s own live CrowdTrading feed where users can see what other traders are doing. Traders will find that through these live accounts, Trader360 offers competitive trading conditions along with comprehensive solutions and services.
Trade360 Account Features
The following features can be expected in the different account types:
Mini Account
Minimum deposit – $ 250
Minimum line – $ 1 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
ParagonEx platform
Standard Account
Minimum deposit – $ 1 000 USD
Minimum line – $ 10 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
ParagonEx platform
Gold Account
Minimum deposit – $ 5 000 USD
The minimum line is $ 50 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
Personal Push and SMS notifications
Exclusive market updates
ParagonEx platform
Platinum Account
Minimum deposit – $ 10 000
Minimum line – $ 100 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
Personal Push and SMS notifications
Exclusive market updates
ParagonEx platform
Diamond Account
Minimum deposit of $ 50 000
Minimum line – $ 500 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
Personal Push and SMS notifications
Exclusive market updates
ParagonEx platform
VIP Account
Minimum deposit of $ 1 000 000
Minimum line – $ 1 000 000
Live CrowdTrading feed
Trading signals
24/5 live chat support
Personal Push and SMS notifications
Exclusive market updates
ParagonEx platform
Premium Account
Minimum deposit – $ 250
No commission per lot
Variable spreads starting from 1 pip
Leverage of up to 1: 500
Micro Lot Trading (0.01)
Margin Call Level 50%
Stop Out Level 20%
Zero Account
Minimum deposit – $ 0
$7 commission per lot
Variable spreads starting from 0 pips
Leverage of 1: 500
Micro Lot Trading (0.01)
Margin Call Level 50%
Stop Out Level 20%
How to set up a Trade360 Demo Account – Step by Step
To register for, and set up a demo account with Trade360, traders can follow these steps:
Step 1 – Open Your Account
- Navigate to the Trade360 website and select the link ‘Register now.
- Step 2 – Fill out the form
- Traders will be redirected to a page where they must complete an online registration form by providing their First and Last Name, telephone number, and email, and choose a password.
- When they click the banner ‘continue’ it also indicates that they accept the Trade360 Terms and Conditions, Risk Disclosure, and Privacy Policy.
- Next traders will have to wait for verification before they can go on. When selecting the option to continue, traders will have the opportunity to indicate for which account type they want to sign up.
- Only when they are signed in to the new account, will they have the option to switch to a demo account or continue with the real account.
- Traders should take note that they can practice with a demo account on any of the live account types. It will have the same features as the live account.
A demo account is also referred to as a practice account since it provides traders with the freedom to explore the broker’s offering without running the risk of experiencing losses through the provision of virtual money with which to practice trading.
Beginner traders usually use a demo account to familiarize themselves with a live trading environment. They can practice their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts can also be used by the more advanced or professional trader and are not merely intended only for beginners. It allows advanced traders to explore what Trade360 has to offer.
Min Deposit
USD 250
Regulators
CySEC, MiFID, ASIC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade360 Islamic Account
The sole purpose of an Islamic Account is that it caters only to clients of the Muslim faith who follow the Sharia law. The law prevents them from paying any type of interest, such as overnight fees. This is seen as wasteful or exploitative.
Overnight fees are usually charged should traders hold positions open for longer after the trading day has concluded. This type of account allows exemption from such fees or interest, should they hold positions open for longer.
Traders who are interested in registering for an Islamic account must contact Trae360’s customer services before they can do so.
Trade360 Trading Platforms
The forex trading platform provided by Trade360 to its clients is in essence the software to carry out their trades.
A multi-asset trading platform is one that allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well.
The decision about which platform to choose will always depend on what a client would like to trade. Trade360 offers clients their own proprietary crowd trading platform called CrowdTrader.
This platform gives clients access to use custom-built tools. The CrowdTrader platform can be accessed through any web browser and operating system and a mobile application is available for Android and iOS devices.
CrowdTrader sends alerts that allow a trader to keep ahead of possible market trend developments and detects trend reversals timely when crowd sentiment shifts.
With CrowdTrader the trader can place trades and monitor positions in hundreds of different trading instruments and monitor the market through a live feed, showing market trends taking place and changing in real-time.
Trade360 also offers the ability to trade on MetaTrader5.
Trade360 Fees and Spreads
Trade360 spreads start from 4.0 pips on EUR/USD.
For traders who commit to a minimum deposit of $ 10 000, the pips will be 2.0.
Fees and spreads mentioned on the company spread list that traders can expect when trading with Trade360 will depend on the type of asset that a trader is trading.
Price spreads vary throughout the day depending on factors such as available liquidity (supply and demand), market forces, volatility, and the trading session.
The broker does not charge any commissions for trade executions but collects a brokerage fee from the spreads.
Min Deposit
USD 250
Regulators
CySEC, MiFID, ASIC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade360 Deposit and Withdrawal
Trade360 requires a minimum deposit of $250. Trade360 offers a money back on every trade made with an initial $100 deposit to the beginner’s “practice trading” account. The higher the initial deposit, the more Cashback Trade360 will pay out.
Trade360 accepts credit card deposits:
Visa
MasterCard
Maestro
JCB
DinersClub
Bank wire transfers
Skrill
Neteller
to fund trading accounts. No fees are charged on deposits.
Withdrawals from a Trade360 account can take between three and ten business days depending on the withdrawal method.
To withdraw funds, the user selects the “withdraw funds” option from the dropdown menu on their Trade360 account and enters the information requested.
For verification, Trade360 asks for a copy of a valid driver’s license, passport, or other government-issued identification and a utility bill no more than three months old with the client’s full name and home address printed.
Withdrawal options include:
Credit Card
Neteller
Skrill,
Wire Transfer
Withdrawals can only be done via the payment method used for the initial deposit.
Trade360 vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇Trade360 | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $ 250 / R 4183,78 | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | No | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1: 500 | 1:400 | 1:888 |
| 💵 Currency Pairs | 47 | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Trade360 Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇France | 45.93% |
| 🥈Australia | 10.20% |
| 🥉United States | 9.94% |
| 🥈Argentina | 7.50% |
| 🥇 Spain | 7.01% |
Trade360 Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “Trade360” is entered into Google’s search engine over a given period of time.
Trade360 Customer Reviews
This company taught me how to work and…
This company taught me how to work and make real money I admire this great company
It is a great company a lot of…
It is a great company with a lot of experience and very good signals and profit
I wanted to invest in zero commission…
I wanted to invest in zero-commission stocks. Recently one of my colleagues invested for the same in Trade 360 and was getting good results so I thought to get the same. Really, It is a great place to grow more.
Trade360 Pro and Cons
| ✔️ Pros | ❌ Cons |
| 1. CySEC regulated | 1. Limited choice of platforms |
| 2. CrowdTrading algorithm in the online trading platform | 2. Non-existent education and market analysis |
| 3. Multiple asset classes offered | |
| 4. Non-forex offering | |
| 5. Commission-free trading available |
Conclusion
Overall, Trade360 can be summarised as a credible and trustworthy broker and is considered average risk with competitive trading fees and spreads. Trade360 has an overall trust score of 75 out of 99. Trade360 offers traders the MetaTrader suite of platforms as well as a basic web and mobile app.
Disclaimer
Trade360 warns all potential customers that Forex and CFD trading always carries a high level of risk and may not be suitable for all investors.
Before deciding to trade the products offered by Trade360, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Trade360 warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.
Therefore Trade360 cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
You might also like: Trade360 Account Types
You might also like: Trade360 Demo Account
You might also like: Trade360 Fees and Spreads
You might also like: Trade360 Islamic Account
You might also like: Trade360 Minimum Deposit
You might also like: Trade360 Sign-Up Bonus
Frequently Asked Questions
Is Trade360 a fake or a scam?
No, Trade360 is a legit online broker with good customer testimonials.
What are the advantages of trading with Trade360?
Provides useful thematic indices with its Industry Stock and Smart Collections. Traders can customize their leverage on a per-trade basis with the Self-Select feature. Economic calendar event detail usefully shows affected symbols. The Trade360 mobile app closely matches the web platform experience.
Which trading platforms are supported by Trade360?
Trading Platforms; MetaTrader 4 (MT4) MetaTrader 5 (MT5). cTrader. DupliTrade.
What is the overall rating for Trade360 out of 10?
The overall rating for Trade360 is 6/10
What type of broker is Trade360?
Trade360 is a CFD stockbroker that has been providing services since 2013. The company offers CFD trading in five asset classes – currency pairs, stocks, stock indices, commodities (metals and energy products), and ETFs.
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