TD365 Forex Broker

Registered in Bahamas Regulated by No effective regulation at this time Year(s) of establishment 1-2 years Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks Minimum Initial Deposit $0 Maximum Leverage 1:200 Minimum spread 0.6 pips for EURUSD Trading platform MT4, cloudtrade Deposit and withdrawal method Bank wire transfer, credit card Customer Service Email/phone number/address Fraud Complaints Exposure No for now General information and regulations of TD365 TD365 is an online forex broker registered in Bahamas with a history of no more than 2 years. However, it has no effective regulations for now. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance. Market instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....TD365 allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on TD365. Spreads and commissions for trading with TD365 TD365 declares to offer tight fixed spreads: 0.4 pips for UK 100, 0.9 pips for DE 40 and 0.6 pips for EURUSD intra-day. The commissions are not mentioned. Account Types for TD365 TD365 does not provide much account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges. In the FAQs section, we can see that the minimum initial deposit is zero. Trading platforms offered by TD365 There are two trading terminal options including the CloudTrade platform and MetaTrader4(MT4), indeed, clients could trade Indices, Commodities, Stocks, and Forex on the CloudTrade platform, and the other account offers the limits of trading Indices, Commodities, and Forex. Leverage offered by TD365 Although some brokers offer leverage up to 1:500 or even 1:1000, the leverage of 1:200 offered by TD365 is sufficient for the average trader. This is because the more leverage you have, the more risk you take with your money. Even professional traders, let alone novices, should not be tempted to use leverage as large as 1:500. Deposit and withdrawal methods and fees TD365 is ambiguous about how deposits and withdrawals work. We can only see that in the FAQs section TD365 says the clients may deposit with bank transfer or credit card, but further information like extra fees and processing time is not revealed. Educational resources There is no education section on the TD365 website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with TD365. Customer support of TD365 Below are the details about the customer service. Language(s): English Service Hours: 24/5 Email: support@td365.com Phone Number: +44 203 180 5566 Address: TD365 1st floor, Bay View house 308 East Bay St, Nassau The Bahamas Users exposures on WikiFX We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed. Advantages and disadvantages of TD365 Advantages: MT4 Many instruments available Demo account Negative balance protection Disadvantages: No effective regulation Few information available Few deposit and withdrawal methods No MT5 No copy trading No educational resources Frequent asked questions about TD365 Is this broker well regulated？ No, it is currently not effectively regulated and you are advised to be aware of its potential risks. Does this broker offer negative balance protection？ Yes, TD365 offers negative balance protection, which means you will never lose more than the money you deposited. How much leverage does this broker offer？ The maximum leverage of TD365 is 1:200. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.