Trade360

Is Trade360.io legit?

No. A broker that is unregulated and anonymous like Trade360.io is not a legitimate business. There is a strong indication that the company is fraud – firstly due to the FCA warning about them, and also due to their name. Use those who are licensed to offer services. Here is the list of licensed brokers within the UK.

Trade360.io is totally anonymous – we aren’t sure which is the entity that manages the business, nor where it located, or even the location of its headquarters. There’s not even a contact number, but only an e-mailaddress, which is, of course, inadequate. These websites operate without licensing or oversight and have been known to conduct frauds in the investment industry. It’s there’s no reason to wonder why the UK financial watchdog has issued an official warning to Trade360.io.

Furthermore, we believe the broker you’re dealing with isn’t naming itself just by chance. They want to be associated to Trade360, a legitimate broker that is licensed in Cyprus and is not associated with Trade360.io.

We always advise traders to conduct proper study of any broker prior to opening an account or giving any personal details or funds. The reading of user reviews is recommended. There are a lot of fraudulent trading sites on the internet, so it is important to be cautious when choosing an intermediary for trading be sure to only use licensed businesses.

For instance for an example, F orex brokers that are licensed to the British Financial Conduct Authority (the FCA) are considered safe to deal with since they must provide transparent ownership information as well as meet certain conditions to guarantee protection for consumers and transparency in trading in the market for financial services.

Can I earn money through Trade360.io?

It is not possible to make profits with an unreliable broker that is not regulated and has been exposed as a fraud by the financial regulators within the UK. So why not choose a legitimate broker on the listing of EU-regulated brokers instead?

Which platform does Trade360.io employ?

Trade360.io promises to offer the web-based platform in addition to MetaTrader4. However, when we tried to connect to them it was discovered that both distributions for trading are offered via DigitalCMedia which is an untrustworthy broker that we have recently looked into. Another reason to be wary of Trade360.io and, therefore, you will find trustworthy brokers using the latest version of MetaQuotes software – MT5.

Which are the current spreads offered at Trade360.io?

The cost of trading EUR/USD is believed to be 2.5 3 – 5 pips which is way over the top and only profitable to the broker. The market for FX is a thriving market, and it’s not difficult to locate an legitimately licensed broker with more favorable trading conditions as Trade360.io.

What kind of leverage can Trade360.io offer?

The broker has leverage up to 1:200 this is a great ratio and is suitable for the majority of traders. But, remember the fact that Trade360.io is nothing more than fraudulent and you could be able to lose more than the initial amount you put down. In this article, you can take an examination of authentic financial service companies that offer leverage of 1:500..

We should caution you that trading using high leverage can be risky because leverage does not just increase your trading capabilities however, it also increases the risk of losing. Therefore, it is advised to be cautious.

Is there a minimum amount of deposit required at Trade360.io?

It’s EUR 250, which is an average amount for trading in forex. But, you must take into consideration the possibility it is a scam. Trade360.io is a fraud that will only take your money.

What payment method do Trade360.io make use of?

It seems like the broker only uses two payment options including bank cards as well as wire transfers. However we believe that credit cards are the most secure payment method which is why you should browse through a list trustworthy brokers that take VISA as well as MasterCard.