360°Capital forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc
Business
License
In the dynamic world of forex trading, selecting the right broker is crucial for success. 360° Capital Trade has emerged as a notable player in the forex brokerage industry, offering a range of trading services and conditions. This article will delve into the significance of the forex market, the standing of 360° Capital Trade, and provide insights into its offerings.
In this review, we will address three core questions:
360° Capital Trade was established in 2017 and operates under the jurisdiction of Mauritius. Below is a summary of the brokers key information:
Established | Regulatory Authority | Headquarters Location | Minimum Deposit | Leverage Ratio | Average Spread |
---|---|---|---|---|---|
2017 | Unregulated | Ebene, Mauritius | $20 | Up to 1:400 | From 1.2 pips |
The trading conditions offered by 360° Capital Trade are competitive when compared to industry standards. With a minimum deposit requirement of just $20, it is accessible for beginner traders. The leverage options of up to 1:400 allow traders to amplify their positions, although this comes with increased risk. The average spread starting from 1.2 pips is fairly standard, making it suitable for various trading strategies.
360° Capital Trade supports multiple trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are well-regarded for their user-friendly interfaces and comprehensive trading tools, which cater to both novice and experienced traders.
Currency Pair Category | Number of Pairs | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 30 | From 1.2 pips | 24/5 | Commission-free |
Minor Currency Pairs | 20 | From 2.0 pips | 24/5 | Commission-free |
Exotic Currency Pairs | 10 | From 3.5 pips | 24/5 | Commission-free |
360° Capital Trade boasts an average execution speed of around 85 milliseconds, which is competitive in the industry. The broker uses a No Dealing Desk (NDD) execution model, minimizing slippage and ensuring that trades are executed at the desired price.
360° Capital Trade claims to segregate client funds from operational funds, ensuring that client capital remains protected. However, without regulation, there is no formal oversight to guarantee these claims. The absence of deposit insurance or compensation schemes also raises concerns about client protection.
While customer reviews are mixed, some users have praised the broker for its competitive spreads and responsive customer support. However, there are complaints regarding withdrawal delays and the broker's unregulated status.
For traders using 360° Capital Trade, a scalping strategy could be effective given the broker's low spreads and fast execution speeds. This strategy involves making multiple trades throughout the day, capitalizing on small price movements. Traders should set tight stop-loss orders to manage risk effectively.
In summary, 360° Capital Trade offers a competitive trading environment with low minimum deposits and a user-friendly platform. However, the lack of regulatory oversight poses significant risks for potential investors. This broker may be suitable for experienced traders who understand the risks involved, but novice traders should proceed with caution.
Trading forex and CFDs involves significant risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent financial advice if necessary.