Thinking of Trade360? “Must-Read” Pros & Cons of the Service
Here are some reviews on Trade360 for traders looking for more information on the broker.
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This Post has ended its release period. Please check Trade360's latest information and campaign on Trade360's company introduction page.
Trade360 - What's now?
We are no longer promoting Trade360. The information regarding to Trade360 on the website 'Hercules.Finance' maybe outdated. ref. Trade360
We understand that there are hundreds of misleading information on the web, and you may be tired of seeing the same advertisement mentioning the same things.
Here are some tips for you to choose the most suited broker for yourself.
Pros
Trade360 offers “Crowd Trading Platform” where you can get majority’s trading opinion to increase the possibility of profiting.
Trade360 is regulated by Cyprus, and follows the directive of MiFID.
Several No Deposit Bonuses are available as all time bonus promotions.
Trade360 offers over 100 financial instruments including Forex, Commodities, CFDs(Stocks and Indices) and ETFs though one online trading account.
Cons
Trade360 does not offer MetaTrader4 or any other popular trading platforms.
Trade360 does not allow Scalping, Hedging, Use of any types of Programs or Holding positions long term on its trading platform.
Spread is fixed from 1.8 pips, but use of EAs(expert advisers) are prohibited.
Is Trade360 suited for you?
Trade360 is an unique type of online Forex broker with classic trading system and an innovative new “Crowd Trading” service.
Its main advantage is its own built trading platform with “Crowd Trading” system where you can vote and find out “what majority of traders are expecting”. By following the “Crowds” you should be able to increase your own profitability and that is how the platform works.
Also No Deposit Bonuses and exciting Cash Back Target Goals are very attractive.
But you should note that Trade360 does not allow a number of trading activities on its trading platform which are Scalping, Hedging, Use of any types of programs and holding positions for a long period(about 40 days).
Trade360’s trading platform is built for traders to earn more profits using the “Crowds”, but not for traders looking to earn by themselves on their own ways.
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Foreign Exchange and Contracts for Difference ("CFDs") are complex financial products that are traded on margin. Trading Forex & CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, Forex & CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of Forex & CFDs is not a reliable indicator of future results. All information on Hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.
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