Compare FXOpen vs Trade360

Compare FXOpen vs Trade360

FXOpen versus Trade360 Comparison Table
Online BrokerMinimum DepositMarketsTrading PlatformsRegulated
$30065+MT4FCA, ASIC, FSRC
$500120+MT4, ParagonExCySEC

FXOpen and Trade360 Comparison

FXOpen is an ECN broker, Trade360 is not, but has crowd trading available, where the trader can inform their trading by the aggregated behavior of other traders. Both have a relatively wide range of Cryptocurrency CFDs available. Both provide MT4. Trade360 has a web trader (and apps) and ParagonEx.

FXOpen is regulated by the FCA in the United Kingdom, the ASIC in Australia and the FSRC in Nevis. Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

MT4 ECN broker (FXOpen) VS crowd trading broker, which also has MT4 (Trade360).

Minimum deposit and account types

The minimum deposit for FXOpen is €/$300 or £200 and the minimum deposit for Trade360 is $500.

  • FXOpen offers three accounts types, ECN, STP and Crypto. The ECN account charges commissions on its markets, the STP does not charge commissions. The ECN account has a wider range of market available. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). The minimum trade size is 0.01 lots. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
  • Trade360 offers five account types and an Islamic account. 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. MT4 is available for all account types except the Mini account. The Gold, Platinum and VIP accounts offer additionally personal push and SMS Notifications, exclusive market updates and SMS trading signals.

Markets

  • On the ECN account, FXOpen offers Forex, Indices, Energy and Precious Metals, with 65+ available.
  • On the STP account, FXOpen provides Forex and Precious Metals, for a total of 50+.
  • On the Crypto account, FXOpen offers Forex, Precious Metals and Cryptocurrencies, for a total of 55+.
  • Trade360 offers Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Metals, Stocks and ETFs, with 120+ available.

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, DASH, Ripple, Bitcoin Cash, IOTA, Ethereum Classic, NEO, Monero, EOS, Namecoin, Peercoin, Emercoin and OMNI.
  • Trade360 provides Bitcoin, Ethereum, Litecoin, DASH, Ripple, Bitcoin Cash, IOTA, Ethereum Classic, NEO, Monero, EOS, Bitcoin Gold, OmiseGO, Zcash, Aventus, QTUM, YOYOW, ETP, Santiment, Streamr, Eidoo and QASH.

Spreads and leverage

  • Spreads at FXOpen are variable and are from 0.0 for EUR/USD, 0.0 for UK 100, 0.0 for Gold and 0.0 for US Crude Oil (all plus commission). The STP account has higher spreads.
  • Trade360's spreads are fixed, from 1.8 for EUR/USD, 0.45 for Gold and 0.05 for US Crude Oil.

The maximum leverage for FXOpen (FCA regulated) is . The maximum leverage for Trade360 is .

Commissions

  • For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
  • Trade360 does not charge commissions.

Platforms

FXOpen provides MT4, available for desktop, mobile and tablets. Trade360 provides MT4, except for its Mini account. In addition it offers the ParagonEx platform which has the Crowd Trading Live Feed.

Comparison summary

  • Both are CFD brokers
  • Each has a relatively wide range of Cryptocurrency CFDs
  • Trade360 offers ParagonEx, which has crowd trading features
  • Both provide MT4 trading
  • FXOpen is an ECN broker

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