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Trade360 Fees, Spreads and Commissions Reviewed ☑️ (2023)

by Theinsightpost
March 13, 2023
in Africa
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Trade360 Fees, Spreads and Commissions Reviewed ☑️ (2023)


 

Trade360 offers a selection of commission-free and commission-based account types. Trade360 spreads start from 4.0 pips on EUR/USD.Trade360 does not offer spread betting and thus spread betting fees do not apply.

 

Trade360 at a Glance

 

? Broker’s Name Trade360
? Headquartered Limassol, Cyprus
? Year Founded 2013
⚖️ Regulating Authorities CySEC, MiFID
? Countries not accepted for trade United States
☪️ Islamic account (swap-free) Yes
? Demo Account Yes
? Institutional Accounts No
? Managed Accounts No
? Maximum Leverage 400:1
? Minimum Deposit $ 250 / R 4 290,34
? Deposit Options Bank Wire, Debit, and Credit Cards
? Withdrawal Options Bank Wire, Debit, and Credit Cards
? Platform Types Proprietary platform
? OS Compatibility Mac, Windows, Linux, Mobile, Web, iPhone, iPad
? Tradable assets offered ETFs, CFDs, Metals, Oil
?‍? Languages supported on Website English, Arabic, Italian, German
? Customer Support Languages English, Arabic, Italian, German
? Customer Service Hours 9 hours per day, 5 days per week
? Open an Account ? Click Here

 

 

Trade360 Fees and spreads – 9 key points quick overview:

 

  1. ✔️Trade360 at a Glance
  2. ✔️Trade360 Fees and spreads – 9 key points quick overview:
  3. ✔️Trade360 Fees and Spreads
  4. Trade360 Additional Trading Fees
  5. Trade360 Broker Fees
  6. Trade360 Customer Reviews
  7. Trade360 Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

Trade360 Fees and Spreads

 

Trade360 Fees and Spreads

 

Trade360 spreads start from 4.0 pips on EUR/USD.

 

For traders who commit to a minimum deposit of $ 10 000, the pips will be 2.0.

 

Fees and spreads mentioned on the company spread list that traders can expect when trading with Trade360 will depend on the type of asset that a trader is trading.

 

Price spreads vary throughout the day depending on factors such as available liquidity (supply and demand), market forces, volatility, and the trading session.

 

The broker does not charge any commissions for trade executions but collects a brokerage fee from the spreads.

 

 

Trade360 Additional Trading Fees

 

Trade360 Additional Trading Fees

 

When trading financial instruments such as forex, traders can often expect that overnight, or swap fees will be charged when positions are held for longer than a trading day.

 

It is not clear on Trade360’s website what the swap fees are but the broker does make provision for Muslim traders who follow the Sharia law, and thus are prohibited from earning or paying interest where the holding of open positions is concerned.

 

Trade360 does not offer spread betting and thus spread betting fees do not apply.

 

Trade360 Broker Fees

 

Trade360 Broker Fees

 

Trade360 does not charge deposit fees or withdrawal fees as all costs are built into the spread. Traders should keep in mind that the spread is an indirect fee to be paid.

 

Traders also need to ensure that they contact their financial institution to verify if any additional charges will have to be paid.

 

Traders may also be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency. It is not indicated if any other base currencies are accepted besides USD.

 

Trade360 Customer Reviews

 

This company taught me how to work and…

This company taught me how to work and make real money I admire this great company

It is a great company a lot of…

It is a great company with a lot of experience and very good signals and profit

I wanted to invest in zero commission…

I wanted to invest in zero-commission stocks. Recently one of my colleagues invested for the same in Trade 360 and was getting good results so I thought to get the same. Really, It is a great place to grow more.

Trade360 Customer Reviews

 

Trade360 Pros and Cons

 

✔️ Pros ❌ Cons
Competitive trading conditions Limited payment methods
Islamic Account/Swap-free provided for Muslim traders No educational tools offered
No deposit fees or withdrawal fees charged Spreads are not the tightest
Regulated through CySEC and ASIC
Zero commissions charged on variable spreads

Conclusion

 

Overall, Trade360 offers a selection of commission-free and commission-based account types. Trade360 spreads start from 4.0 pips on EUR/USD.Trade360 does not offer spread betting and thus spread betting fees do not apply.

 

You might also like: Trade360 Review

You might also like: Trade360 Account Types

You might also like: Trade360 Demo Account

You might also like: Trade360 Islamic Account

You might also like: Trade360 Minimum Deposit

You might also like: Trade360 Sign Up Bonus

 

Frequently Asked Questions

 

Does Trade360 charge any inactive fees?

Yes. Inactivity fees are relatively high, charged at $100 every 45 days.

 

Does spread betting cost apply to Trade360?

Trade360 does not offer spread betting and thus spread betting fees do not apply.

 

What type of spreads applies to Trade360?

Trade360 offers fixed and variable spreads depending on the account type.

 

What spreads can I expect with Trade360?

Trade360 offers its traders trading with variable spreads. For more information on the spreads contact customer support services.

 

What is the overall rating out of 10 for Trade360?

6/10.

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.





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