FOREX.com vs Trade360 - Online Brokerage Comparison

FOREX.com vs Trade360 Comparison

FOREX.com vs Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$50Advanced Trading Platform, MT4, Web Trader300+FCA, ASIC, CFTC, IIROC, SFC, CIMA, FSA
$500ParagonEx, MT5450+CySEC

FOREX.com and Trade360 Comparison

Both of these brokers offer user friendly web trading platforms. Additionally, FOREX.com's downloaded Advanced Trading Platform allows the trader to use or program signals to appear on the chart (to some extent automating charting analysis). FOREX.com offers MT4 as well.

Trade360 on the other hand has a news feed with crowd trading information on its ParagonEx web trader. The idea is to let the trader use information about the aggregated behavior of other traders, to inform their own trading. Trade360 also provides MT5.

FOREX.com is regulated by the FCA in the United Kingdom, the ASIC in Australia, the CFTC in the United States, the IIROC in Canada, the SFC in Hong Kong, the CIMA in the Cayman Islands and the FSA in Japan.

Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

Both offer web traders. Trade360's web trader provides crowd trading. FOREX.com additionally provides its Advanced Trading Platform and MT4. Trade360 additionally offers MT5.

Minimum deposit and account types

The minimum deposit for FOREX.com is $/€/£50. The minimum deposit for Trade360 is $500 (the minimum deposit to use MT5 is $500).

  • FOREX.com offers CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
  • Trade360 offers five account types and an Islamic account, with CFD trading. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (for a StandardMT5 account it 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. The minimum trade size ranges from 0.05 lots (Mini account) to 5 lots (VIP account).
  • 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

  • FOREX.com offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Cryptocurrencies, with 300+ available.
  • Trade360 offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and ETFs, with 450+ available.

Cryptocurrency CFDs

  • FOREX.com offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

FOREX.com offers Forex spreads from 0.8 (variable). Trade360 provides Forex spreads from 1.6 (fixed).

The maximum leverage for FOREX.com (FCA regulated) is . The maximum leverage for Trade360 is .

Online trading platforms

FOREX.com offers the Advanced Trading Platform, a web trader, MT4 and apps. Trade360 offers ParagonEx, MT5 and apps.

Why FOREX.com or Trade360 ?

Those who want to trade on a user friendly web trader may find such a platform at either broker. Traders who want to use crowd trading information in their trading, can find a crowd trading news feed at Trade360 on its ParagonEx platform. Those who want to trade on MT4 may do so at FOREX.com. FOREX.com additionally offers its Advanced Trading Platform, which lets the trader build and use charting signals. Traders who want to trade on MT5 can do this at Trade360.

Comparison summary

  • Both are CFD brokers
  • Each offers user friendly web traders
  • Trade360 provides crowd trading with ParagonEx
  • FOREX.com additionally offers MT4
  • Trade360 additionally provides MT5
  • FOREX.com offers the Advanced Trading Platform (with programmable chart signals)

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