Trade360 is a new Forex broker owned by MFP Global Markets Ltd. They are located at: 116 Gladstonos Str., Michael Kyprianou House, 3rd and 4th floor, 3032, Limassol, Cyprus. Their phone number is +44 203 695 8525. Their email address is [email protected]. For trader complaints read this.
Trader360 took a whole new approach to Forex trading. The concept is to use big data, and share that information with their traders. They call it CrowdTrading, which is very different from Copy Trading or Mirror Trading. Crowd Trading puts indicators on all currency pairs, so that you have the real time market sentiment of actual Forex traders.
The trading platform is web based, and they also offer mobile apps for Android & iOS. The website is available in the following languages: English, العربية, Nederlands and Deutsch.
Leverage on many assets is 400:1. The list of assets available at Trade360 is simply to long to list. They have every currency pair a trader could ask for! They also have plenty of market indices, commodities, stocks and more. See complete list here.
The minimum deposit for new accounts at Trade360 is now $100.
Trade360 is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and their license number is 202/13.
When comparing Forex brokers, it is always important to verify that they broker has an active license. There are many scam brokers online who are not licensed or regulated.
The benefit of using a licensed broker is that your fund are secure. Brokers that are licensed in Cyprus are members of the Investor Compensation Fund which provides protection of up to €20,000 in the event that the broker becomes insolvent.
There are many Forex brokers to choose from today. You can see the list of Forex Broker Reviews here.