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Trade360 Review 2024

BrokerNotes.co

Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg

June 13, 2024

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade360 provides an average offering in forex and CFD trading. With a mix of regulatory credentials and a variety of trading tools, it is a solid option but lacks standout features in some areas like education and market research.

Overall Rating

7.2 / 10

Minimum Deposit

$250

Trust Score info

Average Risk
76

Pros and Cons

thumb_up_off_alt Pros

  • Variety of tradeable symbols: With 1,062 tradeable symbols, it offers a broad range of trading options.
  • Offers MetaTrader 5: This platform is preferred by many traders for its advanced tools and features.
  • Regulated in multiple jurisdictions: Regulated by ASIC in Australia and CySEC in Cyprus.

thumb_down_off_alt Cons

  • No MetaTrader 4 support: Many traders prefer MT4, which Trade360 does not offer.
  • Limited educational resources: Does not offer a decent selection of beginner educational resources.
  • Expensive spreads and fees: The rating for commissions and fees is below average.

Ratings Summary

  • Investment Types - 7.5/10
  • Commissions & Fees - 6.0/10
  • Trading platforms - 7.5/10
  • Research - 7.0/10
  • Mobile Apps - 7.5/10
  • Education - 6.5/10
  • Overall - 7.2/10

Can I trust Trade360?

Trade360 is regulated by MiFID via Cyprus' CySEC and authorized by ASIC. However, it is not listed publicly or authorized by the FCA. ForexBrokers.com rates Trade360's trustworthiness as "Average Risk" with a trust score of 76.

Trade360 is currently licensed and/or authorised by the following regulatory bodies:

Is Trade360 good for beginners?

Trade360 may not be the best choice for beginners due to the lack of beginner education videos and limited educational resources. There are better options available for those new to trading.

Feature Trade360 logoTrade360
Education (Forex or CFDs) info No
Client Webinars info No
Videos - Beginner Trading Videos info No
Videos - Advanced Trading Videos info No
Investor Dictionary (Glossary) info No

Trade360 commissions and fees summary

Trade360's commissions and fees are average and it does not offer active trader or VIP discounts. The average spread cost for the EUR/USD pairs is on the expensive side, and ranges by account type from 1.8 to 4 pips. Given these factors, Trade360 is a pricier choice for investors.

Feature Trade360 logoTrade360
Minimum Deposit info $250
Average Spread EUR/USD - Mini info N/A info
Average Spread EUR/USD - Standard info N/A info
All-in Cost EUR/USD - Active info N/A info
Active Trader or VIP Discounts info No

Trade360 trading platforms and tools

tips_and_updates Did you know? Trading platforms comparison

Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.

Trade360 offers a range of trading platforms and tools with an average rating. It supports MetaTrader 5 and provides a proprietary platform, making it a viable option for traders looking for varied tools.

Trading platforms offered: MetaTrader 5 and a proprietary platform.

Trading tools: Includes a range of tools, although some are locked to users based on deposit size.

Copy trading: Available, including a proprietary CrowdTrading tool that offers trading signals derived from crowd-sourced client sentiment data.

Feature Trade360 logoTrade360
Virtual Trading (Demo) info Yes
Proprietary Platform info Yes
Desktop Platform (Windows) info Yes
Web Platform info Yes
MetaTrader 4 (MT4) info No
MetaTrader 5 (MT5) info Yes
DupliTrade info No

Trade360 trading platform screenshots

Mobile trading apps at Trade360

Trade360's mobile trading apps are rated as average, providing necessary functionalities for traders on the go but lacking some advanced features seen in top-tier apps.

Feature Trade360 logoTrade360
Android App info Yes
Apple iOS App info Yes
Mobile Economic Calendar info Yes
Mobile Alerts - Basic Fields info Yes
Mobile Charting - Draw Trendlines info Yes
Mobile Watchlist info No

Trade360 mobile app screenshots

How do I open an account with Trade360?

  1. Visit the Trade360 website.
  2. Click on "Open Account" or similar.
  3. Fill out the registration form with personal details.
  4. Verify your identity by uploading the required documents.
  5. Fund your account using one of the supported payment methods.

What can I trade at Trade360?

Trade360 offers 49 forex pairs and 1,062 tradeable symbols. While the number of tradeable symbols is below the industry average of 3,623, it still provides a broad range of trading options for investors.

Feature Trade360 logoTrade360
Tradeable Symbols (Total) info 1062
Forex Pairs (Total) info 49
Social Trading / Copy Trading info Yes
Cryptocurrency (Physical) info No
Cryptocurrency (Derivative) info Yes
Spread Betting info No

Trade360 research screenshots

Account funding at Trade360

Trade360 supports several funding options, including bank wires, Neteller, PayPal, credit cards, and Skrill.

Feature Trade360 logoTrade360
Visa/Mastercard (Credit/Debit) info Yes
Bank Wire (Deposit/Withdraw) info Yes
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes
Neteller (Deposit/Withdraw) info Yes

About Trade360

Trade360, founded in 2012, is a regulated broker offering forex and CFD trading. It is authorized by ASIC and regulated by MiFID, providing a range of trading instruments and platforms for its clients. However, it is not publicly traded or FCA authorized.


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Methodology

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.

Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

About the Editorial Team

BrokerNotes.co

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Jeff Anberg

Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

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