ETX Capital versus Trade360 - Compare two Brokers

ETX Capital versus Trade360 - Compare two Brokers

ETX Capital versus Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, ETX TraderPro5000+FCA
$500MT4, ParagonEx120+CySEC

ETX Capital and Trade360 Comparison

Both brokers offer web trading platforms (and apps) along with MT4. Trade360's ParagonEx web trader supports crowd trading, with a news feed which provides information about the aggregate behaviour of other traders. Each has a range of Cryptocurrency CFDs available to trade (but not own). ETX Capital can offer more markets to trade, on its ETX TraderPro platform. ETX Capital is FCA regulated in the United Kingdom, Trade360 is CySEC regulated in Cyprus.

Quick comparison

Spread betting (in the UK) and CFD broker with many markets (ETX Capital) VS crowd trading CFD broker (Trade360).

Account types and minimum deposit

Resident of most countries can open accounts with both brokers. However there are some restrictions and neither broker can open accounts for residents of the USA.

  • The minimum deposit is £/$100 for ETX Capital. It provides a range of features including webinars and seminars. For a minimum first deposit of £/$/€1,000, T&Cs apply, ETX Capital offers a dedicated account manager, news and updates from Trading Central and a free 8 hour trading course to be taken within 6 months.
  • Trade360 offers six account types. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT4 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000.
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 Live Chat and Whatsapp Support. The Gold, Platinum and VIP accounts offer additionally personal push and SMS Notifications, exclusive market updates and SMS trading signals.

Markets

  • ETX Capital offers Currency Pairs, Indices, Commodities, Equities, ETFs, Cryptocurrencies, IPOs, Bonds and Interest Rates.
  • Trade360 offers Currency Pairs, Indices, Commodities, Stocks, ETFs and Cryptocurrencies.

ETX Capital provides considerably more individual markets than Trade360, as it offer 5000+, while Trade360 offers 120+.

Cryptocurrency CFDs

  • ETX Capital provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple (as a CFD or for spread betting).
  • Trade360 provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Bitcoin Gold, Ethereum Classic, Dash, Monero, EOS, OmiseGO, Iota, Zcash, Aventus, QTUM, Neo, YOYOW, ETP, Santiment, Streamr, Eidoo and QASH.

Platform

On their web traders, both brokers offer a similar number of technical indicators, namely 50+. ETX Capital provides candlestick, HLOC, line, area, plot, cloud, three line break and Heikin-Ashi charts. Trade360 provides candlestick, OHLC, line, hollow candles, Heikin-Ashi, bar forest, area, HLC, coloured bar HLC, coloured bar OHLC, line dot and dot charts.

Trade360 offers the CrowdTrading Feed, which aims to capture crowd reactions aligned with market events. ETX Capital offers the MT4 platform, while Trade360 does not.

There are significant differences between the layout and appearance of Trade360's ParagonEx platform and ETX Capital's ETX TraderPro platform. ETX TraderPro is based around lists of markets, with a stylish design, while Trade360 is clear and based around boxes of markets and the CrowdTrading Feed. Which is preferable, may be related to trading style.

Spreads and leverage

  • ETX Capital offers variable spreads from 0.6 for EUR/USD, 1 for the UK100, 0.4 for Gold and 0.05 for US Crude Oil.
  • Trade360's spreads are fixed. EUR/USD spreads are 1.8, DAX30 spreads are 3.8, Gold spreads are 0.45 and Oil spreads are 0.05.

The maximum leverage on ETX Capital is . The maximum leverage on Trade360 is .

Summary

ETX Capital offers a significantly larger number of individual markets to trade than Trade360. However, Trade360 does offer a news feed augmented with crowd trading insights. ETX Capital offers variable spreads and Trade360 offers fixed spreads.

There are significant differences between the platform of both brokers. If a large number of markets and a traditional and visually pleasant platform is desired, along with the functionality of MT4 trading (with less markets than ETX TraderPro), then ETX Capital may be of particular interest. However, if crowd data and an intuitive platform is of importance, along with MT4, then Trade360 may be of particular interest.

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