ForexMinute recently got the opportunity to review Trade360, a Cyprus-based forex brokerage firm offering trading instruments from stocks, currencies, indices and commodity markets. The company is based in Limasso, and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). It is also regulated under the Markets in Financial Instruments Directive (MiFID).
Ever since its launch back in 2013, Trade360 has found a niche as one of the world’s most popular forex brokers, mainly for offering traders with some of the best trading features.CrowdTrading, for instance,is Trade360’s flagship feature; it enables traders to understand current market moods.
In this review, we’re going to touch upon CrowdTrading, and will further gain insightful knowledge on Trade360’s practices. Let’s get started with a basic overview:
Trade360, and the tradename is MFP Global Markets Ltd
Markets in Financial Instruments Directive (MiFID) and Cyprus Securities and Exchange Commission
Guaranteed Stop Loss
One Click Execution
English, Dutch, German, Italian, Spanish
The Trade360 trading platforms
Trade360 offers both web trading platform and mobile platforms to their clients so that there is an ease of access, and clients can trade from anywhere and anytime. You do not need to download any file or install anything to access the online trading platform. Their online trading platform is very unique, and you won’t find any such app with other brokers. They have nice tiles for Currency Pairs, Commodities, Stocks, CFDs and Indices. On the right hand side, there is a timeline with details about the crowdfunding, assets and what other traders are doing.
When it comes to the mobile trading solutions, then Trade360 provides both Android and iOS app. So, if you use iPhone, iPad or Android, then there is no problem at all.
The main feature of Trade360 is CrowdTrading. Some of you might not be aware of what exactly it is. According to the company, they have an extraordinary Live Feed, which displays what the market traders are doing or we can say it helps you in getting an idea about the percentages of people who are buying or selling an asset be it have chosen to buy or sell an asset be it Currency Pairs, Commodities, Stocks, CFDs or Indices over a range of time periods.
This is a great way to analyze the market trend actually. You know how many are selling and buying an asset, giving a brief idea about the next move. Also, the Crowd data helps in analyzing how long that downward/upward momentum may continue. So, if you are looking to buy/sell, then you can consider it looking at the wave and its peak percentage.
Trade360 has a flawlesscustomer support. They have a wide range of options with which you can reach out and contact the support team. You can email, Whatsapp, Call or send a Fax. They also have Facebook and Twitter pages where you can contact the support team.
Bonus Offers and Cashback Rewards
At Trade360, you can avail exciting bonuses. If you are looking for a no deposit bonus, then they have $50 bonus Free to trade with. You just need to enter a valid phone number, and you can enjoy free $50.
They also offer Cashback rewards. They provide exciting cashbacks on every trade you execute. They have targets, including Smart rewards, Pump up volume and others. You can read more about it using this link. You just need to complete goals, and collect your rewards. The best part is cashback amount can be transferred to your account, and you can even withdraw it without any additional requirements (Terms and Conditions).
No doubt, Trade360 is user friendly, and provides cool features like CrowdTrading to help traders understanding the market better. Some other advantages are:
- Offers several account types, including Mini, Standard and VIP.
• WhatsApp support.
• Wide range of payment options that entail credit card, Debit card, online money transfer, local bank transfer, e-wallet and much more.
• Bonuses and cashbacks are attractive
• Spreads offered are attractive, starting from 1.8 pips.
• Trading platforms are many in number
• Trading platform is safe, reliable and stable
Trade360’s CrowdTrading makes it a standout broker, and cashback offers puts the cherry on top of it. If you are looking for a broker with cool features, then consider Trade360.