This Trade360 review conducted by expert’s traders at Fxstay to know all about Trade360 broker beforehand open trading account with this broker or agent. The brand name of a Cyprus Investment Firm (CIF) so-called MFP Global Markets Ltd, trade360 (trade360.com) is an online forex and Contracts for Difference (CFDs) trading platform that was founded in 2013. This trading platform has been known as being a actually original broker as it has bring a original dimension to the world of online trading. Unlike the outdated style of online trading where accomplishment weighs heavily upon the individual capability to pick the winning trades, Trade360’s trading platform usages a idea which is known as the Wisdom of the Crowd.
Trade360 Trading Platforms
Unlike the mainstream of brokers in the industry, Trade360 uses an exclusive trading platform that uses the social phenomenon called the communal wisdom. The service is so-called “Crowd Trading” by means of Trade360 using insights gained from detecting the trading behaviour of the trading crowd. This is a new method of trading based on scientific research which is detected when a group is faced with the similar options, on average they tend to make the similar choice.
The platform monitors price movements and trading positions across the different spectrum of traders in the trading community and presents the data in a presentation which is simple to know. Trade360’s traders then can detect the behavior of the trading crowd beforehand deciding to make their individual trading decision.
Account Types
Simply one standard type of trading account is provided by Trade360.com to traders. They have prepared it reasonably affordable for anyone to open an account by needing a minimum deposit of 100 dollars. The trading account can be underwritten using a variety of techniques such as Credit/Debit cards, wire transfer or eWallet. As for withdrawals, the handling time takes about 3 to 10 business days. It is as well worth mentioning that Trade360.com provides a Cashback Rewards program, through which the company provides its trader’s cashback on any trade prepared by the trader, be it sell or buy. Take note, Trade360 does not receive U.S citizens as customers.
Trade360 demo account
The broker provides a trade360 demo account along with a real money account.
For opening a new trade360 demo account, users are provides a bonus of 60 dollars. The company has the following initial spreads on trading instruments: 0.8 pips on market indices, 5 pips on commodities and 1.8 pips on FX pairs.
ParagonEX Software
The broker offers the web-based platform ParagonEX software, one of the world’s largest and most dependable systems. At the basic is the unique Live Feed, the Trader’s constantly-updated leader to Crowd momentum and market events. By clicking a Crowd Event box, the Trader can pull up details about the movement or event comprising charts and background information. The customisable dashboard is extensively regarded as one of the greatest elegant and instinctive in the business, whereas the Mobile Trading Platform for Android and iOS provides desktop quality user knowledge and greater content streaming.
Trade360 app
Crowd trading just left mobile. Take Trade360s innovative Crowd Trading technology with you in all places when you download the Trade360 App. Through the Trade360 app, the markets are at all times within reach. Trade on the move with our mobile app for iPad, iPhone, and Android and relish all that Trade360 broker provides its desktop users.
Trade sensibly using the Wisdom of the Crowd and see how Traders around the world sell and buy their preferred assets.
Download the Trade360 App for free and not ever leave the Wisdom of the Crowd behind:
• Earn more from our bonuses, promotions & special offers
• Trade on top stocks, commodities, indices and currency pairs
• Open a FREE Practice Account & get a cash bonus
• Receive important market notifications in real-time
• Minimum Deposit of just $25
• Enjoy desktop quality data visualization
Signing up with Trade360
And yes it actually is easy. You can register through Google + or Facebook and there is a 50 dollars bonus. If you need to take it 1 step further and register for a live account there is a 60 dollars real money bonus if you provide your mobile no. And even well than that, you don’t essential to make a deposit to earn this strange bonus. Minimum deposit while you want to start trading is just 25 dollars. The spread being provided depends on the asset being traded, but to provide you an idea, the minimum spread for Forex pairs begins from 1.8 pips. Trading stocks and commodities has a larger spread, presently starting from 5 pips. Market indices have the lowermost spread and begin at 0.8 pips.
For opening a new demo account, users are provided a bonus of 60 dollars. Trade360 has the following initial spreads on trading instruments: 0.8 pips on market indices, 5 pips on stocks and commodities and 1.8 pips on FX pairs.
Trade360 No Deposit Bonus
You can initiate trading FX, Stocks and Commodities with Trade360 50 USD Bonus. The brokerage privileges to hold all funds firmly in top-tier UK banks. It is also well-known that Trade360 is regulated by CySEC.
No Deposit Bonus Description
You essential to register at Trade360, a real account
After that you enter your true mobile no.
Then you receive your 4-digit verification code
Finally you get your Trade360 No Deposit bonus and can start trading
Trade360 Bonus
Well at present you can, Trade360 has come up with a bonus feature that permits you to trade before depositing money. They are providing away a 650 dollars trade360 bonus when a user confirms their existing or new account.
A cash bonus of 50 dollars is at present provided to new traders opening real accounts. The bonus is delivered only after the trader confirms his phone number. A trade360 bonus of up to 60 dollars is provided to traders who register for a demo account. For more information about the Trade360 broker bonus visit “Topforexbrokers.com” as their team conducted good trade360 review,
Bonus withdrawal
Bonus can be withdrawn later the terms and conditions is seen.
Later receiving the 50 USD for free, the bonus account is at your disposal. However there are conditions if you like to withdraw the profits or funds produced on the bonus fund.
Bonus withdrawal Conditions
- Minimum deposit of US$ 25, Opening of one trade
- Completed Know-Your-Client (KYC) documentation
- Satisfying a minimum trade volume of US$250,000
- Customers are qualified to receive the bonus once, and for one account only. All account opened succeeds for the bonus once per registered email, phone number and IP address.
- The account in question comprises a minimum balance of US$70.
Minimum Initial Deposit
To open an account with trade360.com, traders have to spend a minimum of 100 dollars. Such minimum initial amount is comparatively low, particularly taking into account the advanced services, provided by this broker.
Commission & Spreads
As for the spreads provided by trade360.com, they are not as modest as ECN brokers but they are not the utmost in the industry. Such as, the spread for the utmost normally traded currency, the EUR/USD, begins from 1.8 pips.
Spreads and Leverage
Spreads and Leverage amounts differ by asset choice. For instance, currency pairs, Crude Oil, Silver and Gold can have leverage up to 400:1, but some indices and stocks may only be allowable 20:1. Spreads also differ and might not appear to be the tightest around, but the extra overhead to run and produce the Crowd Trading protocols essential come from spread revenue, the simply cost evaluated for the services of the firm.
Deposits and Withdrawals
The smallest deposit essential is $25 and can be made using major debit or credit cards, banking wire transfers, eWallet services, or other general payment techniques. Withdrawal requests are held quickly, as long the compulsory AML documentation is on file and up-to-date. The length of time might vary depending on your new deposit method, since the equal service must be used in reverse.
Customer Support
Customer support services comprise of numerous kinds for example:
- Market Analysis
- Live customer support
- eBook guide
As for live customer support, the support is though only accessible through telephone or email.
Pros
- High Leverage Ratio
- Bilingual Support
- Innovative Trading Platform
- Cashback Rewards program
- Regulated Broker
Cons
- No Charting Package
- Higher than average spreads
- No live chat Support
- Over Simplified Website Interface
- No Scalping Allowed
Conclusion
For complete information about the Trade360 platforms visit “ForexSQ.com”. For novice traders, Trade360 methodology is definitely a welcoming change for them. Now by trusting on the collective knowledge of the trading crowd, novice traders can have more confidence that their trading decisions are inclined towards the correct direction. For mobile trading you can download the broker Google Android application or itunes IOS app for Apple products.
The experts at Fxstay invite you to share this Trade360 review with family and relatives or friends who may share an interest in forex trading platforms.
Visit our www.fxstay.com often for the latest news and other trading platform reviews and information in the world of international monetary investments. You can follow Trade360 forex broker on facebook, twitter, Google and Youtube.