360°Capital 2025 Review: Everything You Need to Know
Summary: The overall evaluation of 360°Capital is largely negative, with multiple sources highlighting concerns regarding its regulatory status and user experiences. Key findings indicate that the broker lacks prominent regulatory oversight and has received numerous complaints about withdrawal issues and customer service.
Note: It's crucial to recognize that 360°Capital operates under different regulatory frameworks depending on the region, which may affect user experience and trustworthiness. The following analysis aims for fairness and accuracy based on the latest available information.
Ratings Overview
How We Rate Brokers: Our ratings are based on user feedback, expert opinions, and factual data regarding the broker's operations.
Broker Overview
Founded in 2020, 360°Capital is an online brokerage that offers trading in various asset classes, including forex, commodities, and indices. The broker provides access to popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, it has been flagged for operating without stringent regulatory oversight, primarily registered in Mauritius under the Financial Services Commission (FSC), which is considered a less robust regulatory environment.
Detailed Analysis
Regulatory Regions: 360°Capital is primarily regulated by the FSC of Mauritius, which is often criticized for its lenient regulatory practices. This lack of stringent oversight raises concerns about client fund protection and overall broker reliability.
Deposit/Withdrawal Currencies: The broker accepts deposits in various currencies but specific details about cryptocurrencies were not mentioned in the available sources.
Minimum Deposit: The minimum deposit required to open an account with 360°Capital is approximately $150, which is relatively accessible compared to other brokers. However, some sources indicate that higher minimums apply for different account types, such as the premium account, which requires $1,000.
Bonuses/Promotions: While there is mention of promotional offers, specific details regarding bonuses were not extensively covered in the reviews.
Tradable Asset Classes: 360°Capital allows trading in a variety of assets, including forex pairs, commodities like gold and oil, and indices. However, some reviews noted a lack of cryptocurrency offerings, which is becoming increasingly popular among traders.
Costs (Spreads, Fees, Commissions): The spreads offered by 360°Capital start at around 1.2 pips for major currency pairs, which is competitive. However, there are concerns about hidden fees and the overall transparency of the cost structure. Some users have reported unexpected charges, which could affect overall trading costs.
Leverage: The broker offers leverage up to 1:500, which is attractive for traders looking to maximize their trading potential. However, such high leverage can also amplify risks, and this aspect has been criticized in light of the brokers regulatory status.
Allowed Trading Platforms: Clients can trade using MT4 and MT5, which are well-regarded for their user-friendly interfaces and robust functionality. However, the lack of proprietary platforms may limit some traders' preferences.
Restricted Regions: While 360°Capital advertises its services globally, it is essential to note that some jurisdictions may have restrictions against trading with unregulated brokers.
Available Customer Service Languages: The broker offers customer support primarily in English. However, reviews indicate that response times can be slow, and users often report difficulties in reaching customer service representatives.
Ratings Revisited
Detailed Breakdown
Account Conditions: The accessibility of a $150 minimum deposit is a positive aspect; however, many users have expressed dissatisfaction with the limited account types and the lack of transparency regarding fees.
Tools and Resources: While 360°Capital provides access to MT4 and MT5, the educational resources and trading tools offered are not as extensive as those provided by more reputable brokers.
Customer Service and Support: The reviews consistently point to poor customer service, with many users experiencing long wait times and unhelpful responses when issues arise.
Trading Experience: The trading platforms are user-friendly, but the overall experience is marred by reports of execution delays and slippage, which can significantly impact trading outcomes.
Trustworthiness: The lack of stringent regulatory oversight and numerous complaints about withdrawal issues severely impact the trustworthiness of 360°Capital. Many users have reported difficulties in accessing their funds, raising red flags about the broker's reliability.
User Experience: Overall user experiences tend to lean negative, with several reports of withdrawal problems and insufficient customer support. This has led to a general sense of distrust among users, which is a significant concern for potential clients.
In conclusion, while 360°Capital may offer some attractive features such as high leverage and competitive spreads, the overall user experience and concerns regarding regulatory compliance and customer support raise significant red flags. Prospective traders should exercise caution and conduct thorough due diligence before engaging with this broker.
