360°Capital Forex Broker

360°capital Forex Broker - Complete Information Guide

1. Broker Overview

　　360°capital, officially known as 360 Capital Ltd, was established in 2020. The company is headquartered in Ebene, Mauritius, specifically at 62 ICT Avenue, Cyber City, 6th Floor, The Core. It operates as a private entity, focusing primarily on providing retail forex trading services to a diverse clientele that includes both novice and experienced traders.

　　Since its inception, 360°capital has aimed to create a robust trading environment, leveraging advanced technology and customer-centric services. The broker has made significant strides in its development, catering to a growing number of traders interested in forex, commodities, and indices. The company operates under a business model that emphasizes retail forex trading, aimed at individual investors seeking to engage in the global financial markets.

　　The brokers growth trajectory has been marked by its commitment to offering competitive trading conditions, including low spreads and high leverage options. Despite being relatively new, 360°capital has established itself as a player in the forex market, providing users with access to various trading instruments and a user-friendly platform.

　　In summary, the 360°capital broker is designed for those looking to explore forex trading, with a focus on accessibility and competitive trading conditions.

2. Regulation and Compliance Information

　　360°capital operates under the regulatory framework of Mauritius, where it is registered with the Financial Services Commission (FSC). However, it is essential to note that the regulatory oversight in Mauritius is often considered less stringent compared to other jurisdictions. The companys registration number is GB20025862, but it lacks a robust regulatory license that guarantees comprehensive investor protection.

　　The absence of rigorous regulatory oversight raises concerns regarding fund security and transparency. Clients' funds are reportedly kept in segregated accounts, which is a standard practice to protect investor capital. However, the lack of participation in an investor compensation scheme further amplifies the risks associated with trading with 360°capital.

　　The broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, although detailed information on these practices is not extensively outlined in publicly available resources. Clients are encouraged to conduct thorough due diligence before engaging with the broker due to its unregulated status, which may expose them to potential risks of mismanagement and fraud.

　　In conclusion, while 360°capital broker operates with some compliance measures, the overall lack of robust regulation should be a significant consideration for potential investors.

3. Trading Products and Services

　　360°capital offers a diverse range of trading products, catering primarily to forex traders. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs, allowing traders to engage in the world's most liquid market. Specifically, traders can access popular pairs such as EUR/USD, GBP/USD, and USD/JPY, among others.

　　In addition to forex, 360°capital provides Contracts for Difference (CFDs) on various asset classes, including:

• Indices: Major global indices like the S&P 500 and FTSE 100.
• Commodities: Trading options on precious metals such as gold and silver, as well as energy products like crude oil.
• Equities: CFDs on shares from leading companies, enabling speculation on stock price movements.
• Cryptocurrencies: Although the availability of crypto trading is limited, the broker aims to keep up with market trends by potentially expanding its offerings in this area.

　　The broker's product lineup is designed to provide ample opportunities for traders to diversify their portfolios and capitalize on market fluctuations. However, the frequency of product updates and the introduction of new instruments have not been explicitly detailed in available resources.

　　360°capital primarily focuses on retail trading services, but the potential for institutional client services exists, although not extensively promoted. The broker does not currently offer white-label solutions or asset management services, which may limit its appeal to institutional investors seeking comprehensive financial services.

　　Overall, the 360°capital broker provides a competitive range of trading products, making it suitable for traders looking to engage in various markets.

4. Trading Platforms and Technology

　　360°capital supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are popular among forex traders for their user-friendly interfaces and comprehensive trading tools. These platforms are accessible on both desktop and mobile devices, allowing traders the flexibility to manage their accounts and execute trades from anywhere.

　　The MT4 platform is particularly well-regarded for its robust features, including:

• Customizable charts: Traders can tailor their charts to suit their trading strategies, with various time frames and technical indicators available.
• Expert Advisors (EAs): The platform supports automated trading, enabling users to implement algorithmic trading strategies.

　　MT5, as the successor to MT4, offers additional features such as more order types and an integrated economic calendar, enhancing the trading experience.

　　While 360°capital does not provide a proprietary trading platform, the availability of MT4 and MT5 ensures that traders have access to advanced trading tools and functionalities. Additionally, the broker offers a web-based trading platform, which allows users to trade directly from their browsers without the need for software installation.

　　In terms of execution modes, 360°capital operates primarily under an ECN (Electronic Communication Network) model, which facilitates direct market access and enhances trade execution speeds. The broker's servers are strategically located to minimize latency and ensure efficient order execution.

　　The broker also supports API access for automated trading, although specific details regarding the technical infrastructure and server locations have not been disclosed in available resources.

　　In summary, the 360°capital broker provides a robust trading environment through its support of MT4 and MT5, along with advanced execution capabilities, making it an attractive option for traders seeking a reliable trading platform.

5. Account Types and Trading Conditions

　　360°capital offers three primary account types to suit various trading needs:

• 　　Classic Account: This account requires a minimum deposit of $150 and offers spreads starting from 1.2 pips. There are no commission charges for trades executed under this account type.

• 　　Prime Account: Designed for more experienced traders, this account requires a minimum deposit of $1,000 and features tighter spreads starting from 0.9 pips. It also provides access to additional trading tools and faster withdrawal times.

• 　　Private Wealth Account: This account type caters to high-net-worth individuals and requires a minimum deposit of $5,000. It offers customized trading conditions, including tailored leverage and spreads, along with exclusive features such as priority withdrawals and access to educational resources.

　　The broker allows leverage of up to 1:400, depending on the account type, which enables traders to amplify their trading positions. Additionally, the minimum trade size and overnight fees are not explicitly detailed in the available resources, indicating a need for potential clients to inquire directly with the broker for specific trading conditions.

　　360°capital also provides a demo account, allowing traders to practice their strategies without risking real capital. This feature is particularly beneficial for beginners looking to familiarize themselves with the trading environment.

　　In conclusion, the 360°capital broker offers a range of account types with competitive trading conditions, catering to both novice and experienced traders.

6. Fund Management

　　360°capital supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the Classic Account requiring $150, the Prime Account $1,000, and the Private Wealth Account $5,000.

　　Deposits are typically processed instantly, allowing traders to access their funds quickly. Notably, the broker does not impose any fees for deposits, although third-party charges from banks or payment providers may apply.

　　Withdrawal methods include bank transfers and electronic payment systems, with processing times ranging from 1 to 3 business days, depending on the method chosen. The broker does not specify any withdrawal fees, but clients should be aware of potential charges from their payment providers.

　　Overall, the 360°capital broker aims to provide a seamless fund management experience, although the specifics of withdrawal limitations and fees may require further inquiry from potential clients.

7. Customer Support and Educational Resources

　　360°capital offers customer support through multiple channels, including email, phone, and live chat. The support team is available 24/7, ensuring that traders can receive assistance regardless of their time zone.

　　The broker supports English as its primary language, which may limit accessibility for non-English speaking clients. However, the availability of support in multiple languages could enhance the overall customer experience.

　　In terms of educational resources, 360°capital provides a range of materials aimed at improving traders' knowledge and skills. These resources include:

• Webinars: Regularly hosted sessions covering various trading topics, from basic forex concepts to advanced strategies.
• Video Tutorials: A library of instructional videos that guide users through platform features and trading techniques.
• Market Analysis: Daily market reports and analysis to keep traders informed about significant market movements and events.

　　Additionally, the broker offers trading tools, including calculators and economic calendars, to assist traders in making informed decisions.

　　In conclusion, while 360°capital broker provides a solid foundation of customer support and educational resources, traders may find the breadth of materials limited compared to some of its competitors.

8. Regional Coverage and Restrictions

　　360°capital primarily serves clients in Mauritius, South Africa, and other regions, providing access to its trading services to a global audience. The broker operates without significant geographical restrictions, allowing traders from various countries to engage in forex trading.

　　However, it is important to note that 360°capital may not accept clients from certain jurisdictions that have strict regulatory frameworks, such as the United States. The specific countries or regions where the broker does not operate have not been explicitly outlined in available resources, indicating a need for potential clients to verify their eligibility before opening an account.

　　In summary, the 360°capital broker has a broad regional coverage but may impose restrictions based on local regulations, making it essential for traders to check their compliance before engaging with the platform.

　　In conclusion, while 360°capital offers a competitive trading environment with various account types, trading products, and robust customer support, potential clients should exercise caution due to its unregulated status and the associated risks. As always, thorough research and due diligence are recommended before investing with any broker.