Cheap 365TradingFX Scam – Stay Away!
365TradingFX offers fast, 24/7 access to global markets. Trading CFD contracts has never been easier; the award-winning trading platform is also designed to provide the best experience for traders. However, the presence of a large number of negative reviews suggests that 365TradingFX is a scammer. Should I trust him with my deposit?
365TradingFX brand brief
| Year of founding | 2021 |
| Jurisdiction | Unknown |
| Adjustment | None |
| Field of activity | Forex and Stock Market Trading |
The official website of 365TradingFX does not provide any information about the foundation and development of the brand. It is not known where the head office of the sharashka is located, and how many years it has been serving investors. A search of the WHOIS database revealed that the platform was launched in January 2021.
Types of trading accounts and withdrawals
There are as many as 4 trading accounts to choose from, each of which involves huge investments. These accounts look like this:
- Basic – the minimum deposit is 250 euros, leverage up to 1:100 is offered;
- Silver – an account worth 10,000 euros, which gives the client “gold spreads”, leverage up to 1:200 and financial planning services;
- Gold – 365TradingFX asks 25,000 euros for this account, offering 1:300 leverage in return;
- Platinum – for investments of 100,000 euros or more, a trader receives VIP spreads and leverage up to 1:400.
The presence of a large number of near-brokerage services suggests that real online trading on the 365TradingFX website will not be carried out – the sharashka simply imitates violent trading activity, but in fact launders funds. This is also evidenced by the lack of a detailed description of the process of depositing / withdrawing money. The site says that you can withdraw and replenish the deposit using an electronic wallet, transfer and credit card.
365TradingFX Broker Internet Reputation
There are a lot of reviews about the 365TradingFX website – mostly negative opinion prevails. And this is not surprising, because the sharashka does not provide any useful information for the client. So, the user Julia says that she still has not been able to withdraw her funds.
Trader Don wonders why the scammers demand huge commissions for debiting funds. This is a common tactic that is used in scams.
365TradingFX trading terminals and tools
The trading platform on the site has a separate section, but all that appears to the eyes of the trader is a dead fake of the WebTrader terminal. There is no real income here and will not be, since the site is not connected to the auction. The learning section contains e-books, a glossary, and a list of assets.
Broker Legal Documents and Summing Up
Sharashka is not regulated in any of the jurisdictions. The Australian regulator even published a list of fraudulent projects, which included the hero of the review. It is dangerous to deal with this service – the number of negative reviews about 365TradingFX confirms that scammers are simply blatantly laundering money.
There is no point in even talking about the advantages – they are not. The template web resource does not provide specific trading conditions and tools for making money in the financial markets. Due to the fact that the office is not registered anywhere, nothing prevents it from simply imitating trading activities. It is reasonable to expect that the service will stop its work very soon, but for now it is better to stay away from it and in no case transfer money to malefactors.
