The Standard (minimum deposit $1,000) account offers all of these features and does have MT5, while the Gold ($5,000) account adds exclusive market updates and personalised notifications into the mix as well. As is the case with many trading brokers, the fees you will pay are based somewhat on the account type you open with Trade 360. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Trade360 Review: Online Trading Platform With CrowdTrading
The proprietary and MT5 platforms are safe and easy to use while the withdrawal process is straightforward. With that said, our review was disappointed with the wide spreads and hefty account maintenance fee. The online layout is accessible to beginners and traders can buy or sell in a single click. Website trading also offers an economic calendar, a daily market report, and advanced graphing capacity to provide technical market analysis. As an online broker that seeks to cater to both newbie traders and seasoned investors, Trade360 offers a highly extensive payments department.
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Both credit and debit card deposits and withdrawals are welcomed by Trade360, with all of the major institutions – Visa, MasterCard, Maestro etc. – all accepted. This is an excellent support provision that is made all the better because Trade360’s support team seemed knowledgeable about their company and its products. If you are looking for assistance with your account or trading in general, you might find your question answered in Trade360’s help centre. It is a mini-FAQ with information on payment methods, documentation, and more. Both short and long traders are welcomed, and there is zero commission paid on stock trading with Trade360. There isn’t the most comprehensive selection of Forex options available either, with just 48 pairs offered – that is considerably less than some of their rival brokers.
CGI Trade360: Taking your global trade business to the next level
However, spreads are tighter on many trades, and that will be reflected somewhat in your profitability. VIP rather than standard, the lower your spreads will be when trading many of this broker’s instruments – this is the main type of everyday ‘fee’ that is imposed. It does feel like something of a tax on newcomers to trading or those operating on a tighter budget, but as ever, liquidity rules. Additional bonus credit can be obtained with the first deposit. The broker also gives the new customers up to 40% of the amount deposited. In the end, there is significantly more usable credit on the trading account than the customer originally deposited.
It also supports algorithmic trading, and the embedded copy trading platform remains superior to the Trade360 CrowdTrading feed, a modified sentiment indicator. It is also notable that the team at Trade360 has installed a proprietary demo account. This allows you to get a firm grasp of how the platform works before risking your own money. The fundamentals of the demo platform operates the same as the real-money account, albeit, you’ll be trading with paper funds. If you’re currently in the lookout for an online trading platform, have you considered the merits of Trade360?
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- As with all EU brokers, customers’ funds are managed separately from company assets and with reliable banks.
- MT5 is available to Trade360 clients beyond the Mini account level, and this software is very much the industry standard for professionals.
- Overall, we’re comfortable Trade360 is a legit and genuine broker and not a scam.
- It offers all of the functionality you would suspect from standard desktop trading platforms.
Dear Tracy, We want to sincerely apologize for your negative experience. However, we’d like to learn more about your situation and Trade360 what exactly happened. So, please contact us via live chat or you can also email us at and we will get back to you promptly.
The app is free to download and also offers the crowd trading feature. You can finance your account using a variety of methods including credit/debit cards, eWallet, and online/local bank transfer. Deposits using the mobile app are currently only possible via credit card. Besides the several customised analytical tools, the trading terminal displays real-time product-wise positions of the other traders within the broker’s community. Trade360 maintains a successful affiliate program for traders interested in earning passive income from financial markets, with 5M+ users and $80M+ in paid-out commissions.
CGI Trade360 uniquely provides seamless front-to-back processing for trade and cash management, giving customers a seamless experience. The CGI Trade360 platform is built uniquely for multi-bank, multi-currency and multi-time zone processing. It’s comprised of a corporate portal, an efficient back-office trade processing system with sophisticated imaging and workflow, an advanced reporting utility, and an XML-based integration architecture. The company employs two separate server farms in separate locations, which have to be synchronised, making it impossible to tamper with the broker’s information. Also, advanced SSL encryption ensures that all customer data is secure.
Use our country selector tool to view available brokers in your country. The website also hosts a Help Centre with many in-depth FAQ pages where account support queries such as how https://investmentsanalysis.info/ to delete an account or make a complaint can be answered. To improve its rating in this review, we’d like to see the broker introduce trading in cryptocurrencies, such as Bitcoin.
Clients also have easy access to customer support via the live chat function. A webform is provided, together with a phone number and e-mail address. Trade360 explains the product and services well, making it unlikely clients will require customer support.
The company is not regulated by the Australian Securities & Investments Commission (ASIC). Please take note that Trade360 currently does not accept clients based in the United States. Like the sound of what Trade360 offers and want to get started today?
Instead, clients receive a virtual bankroll to explore the different trading products available and the broker’s services. MT5 is a leading downloadable platform that gives users access to trading operations in the forex and stock markets, alongside the ability to carry out technical and fundamental analysis. Boasting dozens of indicators, multiple charting types, plus complex order types, MT5 is an excellent option for experienced traders.