365Trading Review
Overview
365Trading Overview
365Trading, founded in 2011, is operated by Fidelisco Capital Markets Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC). It is located in Nicosia, Cyprus.
With 365Trading, trading can be done 24 hours per day. Trading can also be done on Sundays on the TA-25, the Israeli Index. Trades include the most popular indices, all Forex pairs and raw materials such as Gold and Silver. According to their most updated website, 365Trading will be introducing Asian stock exchanges for the traders who also want to trade in an index later during the day.
Regulation
365Trading is a pioneer market provider in Europe to represent Binary Option market with simple, convenient and trustworthy trading environment. They provide suitable services to traders around the globe to experience a secure and convenient trading platform with high variety of features and levels. Thorough applying groups of professionals in investment, risk and capital management as well as technological experts, they create a safe and well-developed place for traders.
Trading Platform
365Trading has not only been flying low under the radar, they’ve been doing it with a great proprietary platform you won’t find anywhere else. They only support one kind of trading, high/low. This is a slight drawback but not a deal-breaker in my opinion.
Expiry is great for day traders and day-to-day traders, starting at 1 minute and going up to 24 hours. One minute, 2 minutes, 5 minutes, 10, 15, 30, 1 hour and then 24 hours. The charts can be viewed in 5 different time frames and 2 styles. Time frames are 5 minute, 30 minute, 1 hour, 3 hour and ALL. The chart styles are candlestick or line charts.
The asset list is good but a little different than what you see in other brokers. They’ve only got about 7 forex pairs, all the well traded pairs. They make up the difference with international indices and stocks.
Of those, there are about 2 dozen indices and at least 100 stock names to choose from. Only 2 commodities though, gold and oil. You can set up your trading desk to trade up to four assets at once, and there is a free no-deposit demo account as well, so you can check the whole thing out before making a deposit.
Assets & Markets
Trading accounts can be opened in one of three currencies, US Dollars, Pounds Sterling or Euros. And the minimum deposit required to open an account is either $50, £50 or 50 Euros which is one of the lowest amounts required for a deposit in the market today.
Despite the lack of contract types offered by this provider, there are more than 50 different underlying assets to select from. 365Trading allows traders to choose from currency pairs, equities, indices, futures and commodities and payout returns are between 60% and 85%.
Deposits/Withdrawals
A deposit can be made with Visa, Mastercard, American Express , Wire transfers and online payment programs such as Paypal, Ideal, Bancraft-Mr. Cash, Wire transfer, Sofort , and Trustly. The minimum deposit amount $ 100.
Accounts can be funded in US Dollars, Euros or Pounds Sterling. Once a currency has been selected it cannot be changed after registration.
Withdrawals are made using the same funding methods. One free withdrawal is allowed every month but after that a small handling fee of $15 is charged. Payouts can be made within 24 hours of their requests.
Trading Fees
Account Types
365trading offers four account types follow this table:
Account Type | Function |
Starter Account |
|
Silver Account |
|
Gold Account |
|
VIP Account |
|
Customer Support
365trading offers top rate customer support through phone, live chat, email (support@365trading.com), and web form. The fastest method is live chat where a support agent joins to help you within seconds. Or, you can simply enter the essential details in the web form on their site to get assistance. For phone support, this broker provides numbers for seven nations.
Conclusion
365Trading is an established broker with many benefits. It prides itself on its quick turn-around, transparency, easy deposits and withdrawals and its own hi-tech proprietary platform. There is a 100% bonus for any amount of money deposited in an account as well as an additional promotion. The only available account offered can be opened with as little as $100.