Trade360 Broker Review

Crowd Tech Ltd has been a fully-regulated market Forex broker by CySEC (license: 202/13) since 14/06/2013. In 2017, Trade360 won the Most Innovative Social Trading Technology award (European Global Banking & Finance Awards) for their investment in their proprietary CrowdTrading system which was recognised as the future of the online investment industry.

Trade360 is a market maker broker, where the broker is the market and always trading against their client base. There is nothing unsafe about trading with market maker brokers but there is a conflict of interest between the broker and trader, where one party profits as the other one loses, that can be unnerving for some.

This industry recognition and the CySEC regulation make Trade360 a safe broker to trade with.

Trading Conditions

Trade360 is a market maker broker with six different account types in addition to the free demo account.

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Broker

Trading Conditions

Base Currencies

EURUSD (Standard)

Trading Cost (Standard)

EURUSD (Best)

GBPUSD (Best)

USDJPY (Best)

Commission

Trade360

3.5/ 5

4.00 pips

USD 40

2.00 pips

3.00 pips

3.00 pips

USD 0

CM Trading

4/ 5

EUR, USD

1.50 pips

USD 15

1.70 pips

2.60 pips

1.70 pips

USD 0

IQ Option

3/ 5

EUR, GBP, USD

0.80 pips

USD 8

0.80 pips

1.30 pips

0.90 pips

USD 0

Account Types

Trade360 offers the variety in the accounts we hope to see with brokers.  We appreciate when brokers offer mini accounts, and also know how to cater to those who trade professionally with larger capital. Mini accounts start with a minimum deposit of $500, and a standard account at $1,000. 

The mini account does not support MT4, but it does give you access to the live crowd trading feed, customer support, and trading signals.

The Gold, Platinum & VIP accounts enable you to get information faster.  This information is more signals either delivered with push notifications or SMS, exclusive market updates, and access to advisors if you ask for it.

Spreads and Leverage

It’s an asset choice that determines these two factors. Currency pairs can be leveraged to 400:1 but stocks only to 20:1.

Trade360 has fixed spreads; they are not the lowest compared to other players in this market, but the spread is the commission that the broker takes to be able to run the company and develop the platform. At the time of writing a full public list of these fixed spreads was not available, so after signing up, speak with the representative of the company who calls you if you need this information.

Bonus Structure

• Earn up to $60 in real money in their practice area
• $50 sign up bonus- no deposit required
• Cashback rewards- These vary depending on your account

Trading Platform

Trade 360 uses its own online proprietary trading platform which supports their CrowdTrading Tools.  This crowd trading platform monitors all trader activity and computes the data instantaneously to provide a trading strategy for all members delivered directly to you. The system tells traders of trends and as the popularity of specific action shifts and changes. There is no MetaTrader4 unless you use a minimum of the standard account.

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Broker

Platform Choice

Copy Trading

Platforms

Trade360

4.5/ 5

No

MT5

Sirix

CM Trading

4/ 5

Yes

MT4

WebTrader

IQ Option

4/ 5

No

IQ option

Deposits and Withdrawals

At Trade360, you can deposit funds using major credit cards, bank wire transfers and many e-wallets. A minimum deposit of $100 will get you started. International law demands that all brokers check your identity documents, and get a proof of residential address as a part of a global effort to combat money laundering.

Customer Support

There is 24/5 customer service to help you register and with any of the typical problems you might encounter. Training ebooks for beginners, market analysis material and lots of general trading ideas are available.  Customer support even has a WhatsApp line if you would rather. 

Evaluation Method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the Trade360 product offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

Conclusion

They have developed a company motto that is based on their trading platform. An Intuitive trading platform, regulatory compliance and innovative method of analytical information make Trade360 worthy of consideration.

Editorial Team

 

Chris Cammack
Head of Content

Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them. Chris has a keen eye for editing and a voracious appetite for financial and political current affairs. He ensures that our content across all sites meets the standards of quality and transparency that our readers expect.

 

Alison Heyerdahl
Senior Financial Writer

Alison joined the team as a writer in 2021. She is the Senior Editor for FXScouts.  She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, “Let’s Talk Forex,” alongside her colleague, Chris, and has produced over 100 Forex educational videos for the FXScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers.

 

Ida Hermansen
Financial Writer

Ida joined our team as a financial writer in 2023. She has a degree in Digital Marketing and a background in content writing and SEO. In addition to her marketing and writing skills, Ida also has an interest in cryptocurrencies and blockchain networks. Her interest in crypto trading led to a wider fascination with Forex technical analysis and price movement. She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.