Trade360 Crypto Broker Review 85

Trade360 is a CrowdTrading platform where you can enjoy digital currency trading across a range of financial instruments. These include a selection of Trade360 CFD options on Bitcoin, Bitcoin Cash, DASH, EOS, Ethereum, Ethereum Classic, Iota, Litecoin, Monero, OmiseGO, Ripple, and Zcash. 

These cryptocurrency options are provided at a fixed leverage of 4, meaning that you can trade 4 times the volume on each position that you open.

Trade360 is fully licensed and regulated by The Cyprus Securities and Exchange Commission (CySEC) to offer real-money trading on cryptocurrency. The company is owned by MPF Global Markets Limited, and is registered in Limassol, Cyprus.

The Registration Process at Trade360

Getting started with Trade360 is a breeze. You simply enter your email address, your telephone number, and a password. Since the platform is fully regulated by CySEC, all trading activity is secure, transparent and credible. Your username is your email address, and your telephone number will be used to verify your account information. Once you have completed your registration, you can browse the trading platform, sort assets by popularity, or choose them according to your preferences.

Banking Options at Trade360

Deposit Options Trade360

Once you are ready to trade digital currency for real money, log in to your trading platform, and click the deposit button on the top right. You’ll be able to add equity to your account by using multiple payment options. These include the following: American Express, Visa, Discover, Maestro, Diners Club, MasterCard, JCB, Visa Electron and LiveCash. Other options include Skrill, Rapid, Trustly, Neteller, GiroPay, and Sofort. All transactions are guaranteed secure, courtesy of SSL technology (secure socket layer) and VeriSign. Customer support is available at any time by clicking on the help button.

Trading Cryptocurrency at Trade360

CryptoCurrency Trade360The cryptocurrencies can be traded between the hours of 10 PM GMT on Sunday through 9 PM GMT on Friday. Trading hours are subject to change, based on market liquidity, holidays, or special events. The range of available assets in a CFD format includes gold, crude oil, currencies such as EUR/USD, USD/JPY, GBP/USD, as well as stocks like Apple, Facebook, Google, and indices like the DAX 30, CAC40, and the FTSE 100.

To pick your preferred cryptocurrency options, simply go to the assets tab at the top of the page, and select cryptocurrencies from the drop-down menu. You will see a wide range of digital currencies listed with buy and sell options available on each of them. Each cryptocurrency will display gains or losses on the top right of the block, including things like margin requirements. The red/green line beneath the Sell/Buy options indicates how many traders are shorting the digital currency and how many traders are going long on the digital currency. This is a good indication of market sentiment, and dovetails perfectly with the crowd trading philosophy of Trade360.

To initiate a trade with either Ripple, Bitcoin, Ethereum Classic, EOS, Iota, OmiseGO, Litecoin, Bitcoin Cash, Ethereum, Monero, Zcash, or DASH simply click the buy or sell button. Once you click the button, you will see what margin requirement is needed to place a trade. Each cryptocurrency order provides you with the option of increasing or decreasing the amount of units you would like to order with +/- buttons. Traders can also increase or decrease the limit rate accordingly. It is possible to set price alerts with each digital currency, by choosing a price above the market rate (this value can be toggled), or a price below the market rate (this value can be toggled).

 

Summary of Trade360

Trade360 is fully regulated by the Cyprus Securities and Exchange Commission, and it offers a wide range of real money trades. Registered users have access to a wide range of cryptocurrency options, including Bitcoin, Ethereum Classic, Litecoin and DASH. The registration process is quick and easy, and the trading platform is customizable according to your preferences. The crowd trading concept is unique, and traders will enjoy the benefit of following experienced traders and mimicking their trades.

Pros

  •  There are 12 cryptocurrency options available with low minimum trades and a leverage of 4

  • Trade360 is premised on a crowd trading platform where clients can follow general market movements with buy and sell options.

  • The trading platforms include MetaTrader 4, the mobile trading platform, and an online trading platform

  • Traders can enjoy 6 unique account types

  • Account benefits include live crowd trading feeds, trading signals, 24/5 live chat functionality, and WhatsApp support

  • Gold, Platinum, VIP and Islamic Accounts enjoy MT4 personal push & SMS notifications, exclusive market updates, and SMS trading signals

     

Cons

  • Only traders from regulated jurisdictions can trade for real money on the platforms

  • Trade360 has a Trust Pilot score of 3/5, based on 8 independent ratings, rendering it an average trading platform

  • Traders are unable to open multiple accounts

  • There are typically fixed spreads

Trade360 Overview
Website: www.trade360.com
Regulation: CySEC, MiFID
Assets offered: Indices, Commodities, Stocks, Crude Oil, Gold & Silver, Forex
Minimum Deposit: €250
Deposit Options