Trade360 Journal (Broker out of business)
| Journal status: closed Trade360 out of business |
Trade360 Profile
Website
www.trade360.com
Year
2013
Country
Cyprus
Branches
3
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, ASIC Australia
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Belgium, Canada, Iran, New Zealand, North Korea, US
Broker type
STP
Dealing book
A-book
Tier
2
Execution speed
0 ms
LPs total
1
LPs quality
Tier-1 Banks, Other
LPs names
Saxo Bank, Sirius Financial Markets
Trade360 Accounts
STP
Minimum Deposit
1000 $
Leverage
30 : 1
Minimum Lot
0.1 lots
EURUSD spread
3 pips
Commission
0 $/lotRT
Volume
Unlimited
Margin Call
50 %
Stop Out
50 %
Execution
Instant
Spread
fixed
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
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Is Trade360 safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus, ASIC Australia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is Trade360 trusted?
- Information transparency: sufficient
★★★ - Customer service: prompt
- Trade360 website: semi-detailed, updated
★★★ - Trade360 popularity (by visitor count): low visits
★★
How Trade360 works
The Company will act in the capacity of an agent and not as a principal when receiving and transmitting client orders for execution.
Execution Venues
An execution venue is the entity to which the orders are placed or to which the Company transmits orders for execution. The Company shall act as the agent of the Client (the principal) when receiving and transmitting orders. In circumstances where there is a sole execution venue for client orders, best execution is achieved by execution on that venue.
The Company is the agent for all trades and the Company’s Liquidity Provider – “PX Exchange”- is the sole execution venue. PX Exchange is regulated under the International Financial Securities Commission, and may be transmitting the orders received by us to other liquidity providers.
https://www.trade360.com/en-gb/legal/order-execution/
23.1 You acknowledge that we derive our revenue as fixed share of the spread regardless of you winning or losing deals from the counterparty through which we execute transactions.
11.23 Our spreads are based on the market rates received by us from the execution broker(s) and/or liquidity providers and are pre-determined according your account status.
p) If scalping or any other unauthorized trading activity is performed on the Online Trading System, automated or manual. In this case all Transactions performed that way will be annulled and cancelled..
11.23 Our spreads are based on the market rates received by us from the execution broker(s) and/or liquidity providers and are pre-determined according your account status.
p) If scalping or any other unauthorized trading activity is performed on the Online Trading System, automated or manual. In this case all Transactions performed that way will be annulled and cancelled..
https://www.trade360.com/en-gb/legal/terms-and-conditions/
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