365 Trading one way: Binary Options.
To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, 365 Trading offer a demo account that you can use to practice and familiarise yourself with their platform.
Regulated by CySEC (Licence: 181/12 ). 365 Trading puts all client funds in a segregated bank account and uses tier-1 banks for this. 365 Trading have been established since 2011, and have a head office in .
Before we dive into some of the more detailed aspects of 365 Trading’s spreads, fees, platforms and trading features, you may want to open 365 Trading‘s website in a new tab by clicking the button below in order to see the latest information directly from 365 Trading.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.
What are 365 Trading's spreads & fees?
Like most brokers, 365 Trading take a fee from the spread, which is the difference between the buy and sell price of an instrument.
The spreads displayed below are based on the minimum fixed spreads listed on 365 Trading’s website. The colour bars show how competitive 365 Trading’s spreads are in comparison to other popular brokers featured on BrokerNotes.
EUR/USDNot offered $0.00 per lot
The average spread for EUR/USD across all brokers on BrokerNotes is 0.82 pips. See popular brokers for trading EUR/USD
USD/JPYNot offered $0.00 per lot
The average spread for USD/JPY across all brokers on BrokerNotes is 0.91 pips. See popular brokers for trading USD/JPY
GBP/USDNot offered $0.00 per lot
The average spread for GBP/USD across all brokers on BrokerNotes is 1.18 pips. See popular brokers for trading GBP/USD
The average spread for Bitcoin across all brokers on BrokerNotes is 41.15 pips. See popular brokers for trading Bitcoin
The average spread for gold across all brokers on BrokerNotes is 8.62 pips. See popular brokers for trading gold
The average spread for DAX30 across all brokers on BrokerNotes is 14.95 pips. See popular brokers for trading DAX30
Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.
As you can see, 365 Trading's minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with 365 Trading vs. similar brokers.
How much does 365 Trading charge to trade 1 lot of EUR/USD?
If you were to buy one standard lot of EUR/USD (100k units) with 365 Trading at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.
|Typical overnight fee:||$0.00||$9.40||$5.00|
|Total cost of a 100k trade:||$0||$15.4||$12|
|$15.40 more||$12.00 more|
|Visit 365 Trading||Visit Plus500||Visit AvaTrade|
Your capital is at risk. All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018.
What can you trade with 365 Trading?
|FX / Currencies||365 Trading||Plus500||AvaTrade|
|# of forex pairs offered||61||59|
|Major forex pairs||Yes||Yes||Yes|
|Minor forex pairs||Yes||Yes|
|Exotic forex pairs||Yes||Yes|
|Commodity CFDs||365 Trading||Plus500||AvaTrade|
|# of commodities offered||17||16|
|Indiced & Stock CFDs||365 Trading||Plus500||AvaTrade|
|# of Stocks offered||1816||99|
|See 365 Trading's Instruments||See Plus500's Instruments||See AvaTrade's Instruments|
What’s the 365 Trading trading experience like?
1) Platforms and apps
365 Trading offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here
365 Trading also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.See 365 Trading's platforms Your capital is at risk.
2) Executing Trades
With 365 Trading, the minimum and maximum trade requirements vary depending on the trader and the instrument.
As a market maker 365 Trading may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, 365 Trading offer margin up to 0 on currencies.
Finally, we’ve listed some of the popular funding methods that 365 Trading offers its traders on the right.
3) Client support
365 Trading support a wide range of languages including English, French, Dansk, Norwegian, Svenska
365 Trading have a BrokerNotes double AA support rating because 365 Trading offer over three languages live chat and phone support.
4) What you’ll need to open an account with 365 Trading
As 365 Trading is regulated by CySEC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore 365 Trading’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with 365 Trading you can visit their website here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.365trading.com/ on March 21, 2018.