We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity Trade360 or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. To evaluate brokers, we test the accounts, trading tools and services provided.

• This allows you to view what your fellow traders are buying and selling.
• Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
• The loss rate of 68.01% reported in the EU by Trade360 does not support this idea, as it ranks on par with well-established brokerages that deliver excellent in-house research by seasoned professionals.
• APIs give an organization access to data and functions and make both available for general use across the enterprise.

Forex Brokers

Known as ‘rollover charges’, you’ll pay a fee for every night that you keep a trading position open. All of which leads us to believe that Trade360 has left no stone unturned in proving its credentials as a premium trading broker. With such widespread regulatory power monitoring their every move, traders can have complete confidence that this is a firm operating entirely by the book. The payment platform supplied by Trade360 is secure and reliable. All you need to do is select which method you want to use, action the deposit via your account, and your funds will be ready to trade within a matter of moments.

ATFX Broker Review: Is it Safe? Complete Guide With Pros & Cons

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. A fully-featured Trade360 app is available for download on both the Apple App store and Google Play store.

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One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Despite the pride Trade360 takes in offering a regulated trading environment, most non-EEA, non-Australian traders will be serviced by the unregulated Marshall Islands subsidiary. JustForex offers copy traders a broad choice of providers and maintains a quality core trading environment focused on beginner traders. You will also pay a fee if you apply leverage to your trades – as is industry standard.

Trading Software

However, at up to 20%, this is lower than the Trade360 new customer bonus. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Offering a range of products and trading platforms, the brokerage’s thousands of clients span multiple countries. Trade360 has also made the news for partnering with Australian cricket player Steve Smith. While Trade360 deactivates the account, the broker will keep records for up to seven years before destroying them entirely.

What is the withdrawal process at Trade360?

At the time of writing, the spread between USD/GBP was almost five pips for traders with an entry-level account. A variety of different order functions are available to customers at Trade360. Both the popular MetaTrader 4 and the web-based in-house platform can be used for trading. So-called “one-click trading” is possible on both trading platforms. With one click, traders can place their orders directly from the charts.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. This broker is owned by a genuine investment firm, Crowd Tech Ltd, which is regulated by a respected financial authority – the Cyprus Securities & Exchange Commission (CySEC).

All traders are given access to Trading Central, a provider of tailored trading signals across multiple asset classes. In contrast to many international competitors, there are no translation errors https://investmentsanalysis.info/ on the website. It is well structured so that all the information you need is easy to find. The exact trading conditions for the individual currency pairs can also be looked up here in a table.

For example, if waves of investors are going long on EUR/GBP – and trading volumes are significantly higher than usual, you’ll be able to view this information at Trade360. This then allows you to determine whether or not you want to “join the crowd”, or go against the money. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Constent phone calls, even after asking to be taken off call list.