Compare FXOpen vs Trade360

Compare FXOpen vs Trade360

FXOpen versus Trade360 Comparison Table
Online BrokerMinimum DepositMarketsTrading PlatformsRegulated
$30065+MT4FCA, ASIC, FSRC
$500450+MT5, ParagonExCySEC

FXOpen and Trade360 Comparison

FXOpen offers MT4. Trade360 provides ParagonEx and MT5. FXOpen is an ECN broker. Trade360 offers crowd trading, where the trader can inform their trading with the aggregated behaviour of other traders captured in a news feed on 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 MT5 (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. MT5 is available for all account types except the Mini account. The Gold, Platinum, Islamic and VIP accounts offer additionally personal push and SMS notifications and exclusive market updates. Trade360 offers Trading Central.

Markets

  • FXOpen offers Forex, Indices, Energy, Metals and Cryptocurrencies, for a total of 55+.
  • Trade360 offers Forex, Indices, Energy, Metals, Soft Commodities, 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.

Spreads and leverage

FXOpen offers Forex spreads from 0 (variable) plus a commission charge. Trade360 provides Forex spreads from 1.6 (fixed) without a commission charge.

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.

Online trading platforms

FXOpen provides MT4. Trade360 offers the ParagonEx platform which has the Crowd Trading Live Feed and MT5. Both provide mobile apps.

Why FXOpen or Trade360 ?

Those who want to trade on MetaTrader 4 (MT4) can do so at FXOpen (FXOpen is an MT4 ECN broker). Those who want to trade on MetaTrader 5 (MT5) the successor to MT4 can find this platform at Trade360. Traders who want to trade on a user friendly platform with a crowd trading news feed to assist their trading, can find ParagonEx at Trade360.

Comparison summary

  • Both are CFD brokers
  • Trade360 offers ParagonEx, which has crowd trading features
  • FXOpen offers MT4
  • Trade360 provides MT5
  • FXOpen is an ECN broker

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