Is Trade360 safe and legit? Full review
Trade360 is a Cyprus-based broker regulated by the Cyprus Securities and Exchange Commission (CySEC), with operations dating back to 2013. It offers six account tiers, from Mini through VIP, all of which support hedging, scalping, and EA trading, and account opening is described as easy and completely digital. Its strengths include long-standing establishment and a broad choice of account types, while the notable drawbacks are two regulatory disclosures on record and a low overall influence rating.
Regulatory Compliance and Security
Trade360 is regulated by the Cyprus Securities and Exchange Commission (CySEC) under regulation number 202/13, with Crowd Tech Ltd as the regulated entity. Its regulatory status is recorded as regulated and its safety level is 1.
Two regulatory disclosures are on record. In October 2022, CySEC reached a €230,000 settlement with Crowd Tech Ltd over possible violations concerning the authorization requirement, organizational requirements, general principles and information to clients, and participation in circumvention activities related to CFD marketing and distribution restrictions. In April 2024, the Polish Financial Supervision Authority published a public warning stating that Crowd Tech Ltd, operating the Trade360 platform, is not registered in Poland, in connection with proceedings regarding an act punishable under Article 178 of the Act on trading in financial instruments.
Account Type
Customer Service
Trade360's customer service supports 8 languages and covers 1 service region, Cyprus. Contact is available by phone, email, and social media channels, and most inquiries can be answered, though response times may be lengthy.
⚠️ Note: You can reach the broker through phone, email, and IM app channels for answers to most inquiries, but response times may be lengthy.
Influence
Trade360 holds an overall influence rating of D. Its influence is mainly distributed in the United Arab Emirates, with an average influence index of 4.12.