Trade360 is the first broker to introduce the unique concept of CrowdTrading. Founded in 2013 by MPF Global Markets Ltd., the broker is regulated to operate across the EU under the MiFID regulations and it complies with CySEC regulations too.
Trade360’s innovative platform offers traders access to advanced trading tools and techniques based on collective market sentiments. This way, traders are able to stay on top of market trends easily and accurately.
|Company||MPF Global Markets Ltd, Trade360|
|Platform||In-house, Web Trading|
|Languages||English, Russian, French, Arabic|
|Currencies||USD, EUR, GBP|
|Deposit Methods||Credit card, Wire Transfer, Skrill, Poli, Neteller, Sofort|
|Withdrawal Methods||Credit card, Wire Transfer, Skrill, Poli, Neteller, Sofort|
|Minimum 1st Deposit||£/€/$25|
|Bonus||up to 50%|
|Account Types||Standard, Islamic|
|Return to Loss||NA|
|Number of Assets||+100|
|Types Of Assets||Commodities, Currencies, Stocks, Indices, ETFs|
|Expiry Times||20.00GMT on respective date of asset's expiration|
Phone:+44-203-695-8525, Fax: +44-203-514-0311, Live Chat
- Innovative and unique CrowdTrading concept
- Intuitive user-friendly trading platform
- Low minimum deposit
- Real time charts
- Wide range of tradable assets
- Risk free trading
High spread amounts
Not accessible to US clients
What is crowd trading?
CrowdTrading is a new concept based on the ‘wisdom of the crowd.’ This concept is based on the idea that groups can make better decisions than a single person can. When applied to online trading, the ‘wisdom of the crowd’ encompasses other traders’ sentiments and behaviors, which tend to define or reflect precise trends in the market. Trade360 taps into collective trader behavior to inform traders about market trends so they can make accurate decisions on how best to leverage the market.
While most brokers use the MetaTrader4 platform, Trade360 has its own proprietary trading platform that can be accessed using any web browser. The platform features a simple, clean and intuitive interface that makes it easy for anyone to trade there. Traders can choose either the online trading platform or the mobile trading platform to trade a wide range of currencies, CFDs, stocks, commodities and indices.
The online trading platform features an innovative Live Feed and intuitive interface. No downloads or installations are required, you can trade around the clock and traders can customize the interface for more personalized trading.
Trade360 customers can access the new mobile app for iPads, iPhone and Android devices. Users can access all the features that are accessible to desktop traders, allowing you to trade anywhere and at any time. The interface quality and content streaming dependability is the same on mobile as it is on the desktop.
ACCOUNT TYPES AND BONUSES
Trade360 offers a standard account and Islamic accounts (upon request). When you open a live trading account, you need at least $25 as the initial deposit. If you want to first test the platform before making a deposit, you can use the Practice Mode in your live account.
Trade360 offers several types of bonuses at any given time. At present, traders can access the following bonuses:
Practice bonus- Opening an account with Trade360 is free but you can only start trading once you make an initial deposit of at least $25. Once you open an account, you can access the practice area where you can learn how to trade without risking any money. New traders can receive up to $60 bonus just for entering the practice area and learning how to trade.
$50 Bonus- Trade360 offers up to $50 to traders who verify their phone number. You can use this extra bonus to sharpen your trading skills.
First Deposit Bonus- All traders who sign up to the Trade 360 platform can access an initial deposit bonus ranging from 20% to 40% depending on the amount of the initial deposit.
For deposits between $50 and $99, traders receive up to 20%. Deposits between $100 and $199 attract bonuses of up to 30% while traders receive up to 40% in bonuses for deposit ranging from $200 and above.
TRADE TYPES AND ASSETS
Trade360 offers access to over 100 tradable assets including:
Commodities- Crude oil, gold, silver, wheat, natural gas etc.
Currencies- USD/CAD, EUR/USD, GBP/JPY etc.
ETFs- United States Natural Gas (UNG), XLF, XLK, QQQ etc.
Indices- S&P 500, Nasdaq, Dow Jones, Nikkei etc.
Stocks- Commerzbank, Adidas, Siemens, Lufthansa, Standard Chartered etc.
The amount of spreads payable varies with the asset type one opts to trade. The minimum spread for currency pairs starts at 1.8 pips, stocks and commodities have a minimum spread starting from 5 pips while indices have lower spreads starting from 0.8 pips.
Trade360 offers its customers multiple secure and convenient methods of depositing funds into their trading accounts. These methods include:
Credit and debit cards- Use your MasterCard, Visa card or American Express card to fund your trading account instantly.
Wire transfer- Trade360 lets you fund your account by making direct transfers from your bank account to your trading account, with the utmost level of security.
Timeframe- 2 to 5 business days
Skrill- Skrill is one of the most trusted online payment services. Simply fund your Skrill e-wallet and make instant transfers to your Trade360 account.
Neteller- Neteller is a fast and reliable online payment service that lets you pay for services online securely and free.
Poli- Poli is a leading real-time online financial service popular among Australian users. Trade360 clients from Australia can now safely fund their trading account in real time using this platform.
Sofort- Sofort is a direct online payment services serving users across Europe. Offering maximum security levels, Sofort enables customers to transfer funds using their familiar and private online banking details.
To withdraw funds from your account, you must use the same method you used to deposit funds. Depending on the payment method, withdrawals can take between 3 and 10 days to be processed and to show in your account.
TOOLS AND FEATURES
Trade360 provides numerous unique features and tools that make trading on the platform positively challenging. These innovative tools and features include:
The Live Feed- The intuitive Live Feed aggregates crowd sentiments and trading events using a special algorithm. All traders are able to access the easy to understand Live Feed, which offers valuable information for traders when making trading decisions.
Trend Spotting- This features displays the buying and selling trends in the market for different assets in real time.
Moving Fast- The Moving Fast feature displays the level of volatility exhibited by an asset by monitoring the asset’s buy and sell activity and price movements.
Growth in Trading- This tool allows traders to view an asset’s trading volume in real time, helping you to assess market trends and possible opportunities for profit making.
Possible Uptrend/ Possible Downtrend- The Possible Uptrend feature indicates the upward price movement of an asset while the Possible Downtrend features shows the downward price movement of an asset
Mobile Trading- Trade360 offers a proprietary mobile trading app that can be accessed from the Google PlayStore.
In addition to a comprehensive FAQ section that provides in depth answers to the most common questions pertaining to the platform, Trade360 clients can also receive 24/7 customer and technical support via email, fax or telephone. At present, there is no live chat.