Trade360 Review – high spreads and minimum deposit

Trade360.com is a CFD broker that offers CFDs on stocks, indices, commodities and ETFs in addition to currency pairs. Learn more about CFDs here. Trade360 is the trading name of Crowd Tech Ltd, this company is licensed in Europe by the Cypriot regulatory authority CySEC, so the broker can legally offer its services in Europe. The minimum deposit for Trade360 broker is set at $250.

Trade360 Review – Broker overview

Minimum deposit	250 USD
Platform	MT5, their own
Regulated broker	Yes
Regulations	CySEC
Demo account	Yes

Special features and advantages

Automatic trading

Trade signal

Trading platforms

Trade360 offers its clients a total of 2 trading platforms – MT5 and CrowdTrading. While MT5 is only available for traders who have at least a standard account (from $1,000 deposit), CrowdTrading is available for all account types. CrowdTrading is a classic social platform that allows you to follow and copy other traders. Should you trade on MT5, you can also use automated trading systems (EAs).

Trade360 fees (spreads)

Just like any other CFD broker, Trade360 charges a spread fee. For the current value of this fee, please visit the Trade360 website. We have prepared a small comparison table here, where you will find the Trade360 spread fee on popular currency pairs compared to 2 other popular CFD brokers.

EUR/USD	EUR/USD	USD/JPY	GBP/USD	AUD/USD
Plus500*	0.6	0.7	1.1	0.6
XTB*	0.8	1.4	2.0	1.7
Trade360**	3.0	4.0	5.0	4.0

5 account types to choose from

Broker Trade360 offers 5 types of trading accounts. The type with the smallest deposit required (mini) can be opened from a deposit of 450 USD and offers access to trading signals and 24/5 customer support. Other account types that are from higher minimum deposits offer personal push and SMS notifications, Exclusive market information and access to MT5. Interestingly, Trade360 has a minimum deposit set at 250 USD.

Trade360 – Review summary

Trade360 must adhere to the strict regulatory guidelines of the CySEC regulatory authority. The broker offers a total of 5 types of trading accounts, but basically the only difference between a mini account and a standard account is that you can also use MT5 on the standard account, while the other account types are identical . The company charges very high fees compared to other CFD brokers (including those offering social trading). We have not tested whether the trading signals offered by the company are at least partially successful but honestly, it seems that there are better broker options than this company.

Advantages

• Relatively strict regulation
• Social trading

Disadvantages

• High fees
• High minimum deposit
• MetaTrader5 not possible to use unless you deposit at least 1000 USD

Trade360 Review – Broker rating