Trade360 Broker Review

Our Verdict on Trade360

With a wide range of account types and its unique CrowdTrading platform, Trade360 appeals to traders looking for flexible trading conditions and those who rely on sentiment indicators to make trading decisions. Unfortunately, Trade360 also has higher minimum deposits and higher trading costs than most other brokers.

Trade360 prides itself on its unique proprietary platform, CrowdTrading, which monitors all trader activity and computes the data instantaneously to provide inspiration for trading strategies. In theory, this is particularly useful when trying to pinpoint the peak or trough of demand for a certain asset – thus informing traders when to buy or sell the same asset.

With six live accounts, Trade360 offers trading on multiple instruments, including Forex, commodities, metals, oil, indices, ETFs, and stocks.  Trading conditions at Trade360 are extremely poor compared to other market maker brokers, with spreads that start at 4 pips on the EUR/USD in exchange for a minimum deposit of 250 USD on its entry-level account.  Trading conditions improve with higher minimum deposits, and clients are afforded slightly tighter spreads, more flexibility, and increasing account benefits. Traders can also adjust their leverage to suit their risk appetite.  

Overall, Trade360 stands out for its unique approach to crowd trading and flexible trading conditions on a wide range of account choices, but the relatively high trading costs will put many traders off.