What are the reviews about Trade360? The best broker or scammer?
Trade360 is positioning itself as the best in the industry. It promises zero commission on all liquid stocks. Trade360 talks about easy, secure and regulated trading across the globe. According to company representatives, it serves wealthy investors from Tokyo, New York, London and other major cities. Before starting cooperation, a potential client must check this statement and make sure that the brokerage project is honest.
Trading conditions on the Trade360 website
The site of the exchange intermediary contains important information about the services provided. Here the trader can get acquainted with the conditions of trading, the world market, stocks, instruments and platforms. In addition, the firm provides educational and analytical materials for all registered clients. She describes herself as an advocate for traders who strives to provide high quality service at affordable prices. Before registering in the system, a person must check whether this statement is true.
The company claims to have been established in 2013, but verification reveals completely different figures. A specialized service made it possible to determine that the domain was registered in 2004 and updated in 2018. Thus, the company operates on the world market for no more than 3 years. Exchange intermediary Trade360 talks about the four pillars on which its international success rests:
- Shares – the company offers to own securities of the world’s leading stock exchanges. All instruments are traded commission-free.
- CFDs allow you to open short or long positions in hundreds of financial assets. The trader gets at his disposal instruments with different levels of liquidity and volatility.
- Advanced platforms that are easy to download from the brokerage site. The company provides the most advanced terminals equipped with rich functionality.
- Educational materials allow you to get acquainted with the global market, get basic information about trading strategies and the formation of price movements.
In addition to standard tools, a trader gets access to a sentiment indicator. This system displays information in real time, allows you to track the decline or hype in the global market. A participant of the exchange platform can use high-quality trading signals and modern terminals. He is provided with modern analytics from the company’s specialists. By connecting to an innovative indicator, the trader will receive timely tips about entering or exiting the market.
| Year of foundation | 2018 |
| Account currency | US dollar |
| Tools | shares, CFDs |
| Spread | from 1 point |
| Starting capital | USD 250 |
| Leverage | 1:500 |
Cooperation options for clients
Depending on the working platform, the intermediary offers to use different trading accounts. He has prepared several accounts for beginners and advanced market players. A registered client can download the ParagonEx terminal or use the standard Metatrader 5. If the participant chooses a unique brokerage platform, he can activate one of the 6 accounts on the Trade360 official website:
- Mini – starts from 250 US dollars. Live streaming from a professional account is provided, trading signals and 24/7 technical support are available.
- Standard – Provides a $1,000 top up. In addition to the advantages of the previous tariff, the exchange player gets access to the shopping center.
- Gold – allows you to start from $5,000. The merchant receives personalized notifications and exclusive market updates.
- Platinum – Provides access to the market after depositing $10,000.
- Diamond – The minimum entry threshold is $50,000
- VIP is a tariff for progressive market players who are ready to invest from 100 thousand dollars.
It is noteworthy that some tariffs have completely similar conditions, only the size of the starting capital changes. If a trader chooses the MT5 trading system, then he is provided with only two options for cooperation: standard and zero spread. Both accounts provide a $250 deposit. In the first option, there are no commissions, and variable spreads start from 1 pip. The leverage reaches 1:500. The second one provides for zero spreads and commission deductions of $7 per lot.
What do Trade360 customers say? Reviews on the Internet
On third-party sites, you can find both positive and negative comments. At the same time, laudatory messages are taken as false. The audit showed that there are often accusations of fraud on the network. Representatives of this office call potential clients and offer their services. They talk about the benefits of cooperation, while automatic trading and other popular features are disabled. It seems that this is a banal scam designed for beginners.
An intermediary office takes money from its clients. Traders do not recommend contacting a pseudo-broker and registering on www.trade360.com. Reviews indicate no payments. Representatives of the company skillfully manipulate their merchants, forcing them to deposit the largest possible amounts. As a result of cooperation, the investor loses all invested capital, loses his time and nerves on scammers. A participant in the international market should carefully consider the choice of an honest broker.
Is it worth working with an exchange intermediary?
Practice shows that online trading on www.trade360.com does not bring positive results. Despite the abundance of laudatory comments, we still do not recommend contacting a dubious project. The firm is often discussed in a negative light, being called a fraud that refuses to pay profits. After making a money transfer, the depositor will forever lose his money. The brokerage does not display its legal documents, hiding important regulatory and registration information.
