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As one of popular names in binary options industry is 365trading. This broker is reliable and offers secure platform for trading binary options, which is the most important segment. For that reason, we decided to review 365trading and offer them to our readers.
365trading is brokerage company, owned by Fidelisco Capital Markets.
To get more details about how to trade with this broker and available trading features, check further in our 365trading review.
To start trading binary options with 365trading, required minimum deposit is $100, amount lower than average in binary industry. Our 365trading review showed how they accept all nationalities except USA, Belgium and Israel.
Traders can deposit in following currencies: EUR, USD and GBP. Lowest investment is $5, while maximum investment is $1000. Reurns can go up to 85% with high bonus reaching unlimited amounts.
For this 365trading review, we discovered how this broker is CySec regulated, with registration number 181/12.
For more about trading platform and account types, read below in 365trading review.
365trading Platform and Features
In this 365trading review we came across info how they use own proprietary software, which they manage to develop and offer to registered traders worldwide. Trading platform is simple, which is important for interested traders. Navigating over the site presents no difficulties and therefore, trading with 365trading turns out to be a positive experience.
Another thing worth mentioning is that platform is adapted to both new and pro traders who can trade binary options with an ease. Since they use own software, 365trading has prepared a list of different trade options and trading characteristics.
Our 365trading review revealed how available trade options are: 60 Seconds, Long Term and High/Low. To perform trades successfully, traders are able to select between following times of expiry: 60 s, 5 min, 15 min, 30 min, 1 hr, end of day and week.
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As mentioned above in 365trading review, they offer unlimited bonus to registered traders who decide to accept it and trade binary options using them. However, traders should note how in case of bonus withdrawal, turnover of 20x bonus is required.
With 365trading, traders worldwide are able to choose among many different underlying assets, such as stocks, commodities, currencies and indices. A whole asset list can be found on their site upon login.
Another powerful service available on 365trading platform is mobile application. On mobile app, traders can trade binary options even on the go. Mobile platform is simple to use and also connected with all Android and iOS devices (tablets and smartphones included).
Inexperienced traders would be happy to know how this broker offers a wide range of education materials, which are consisted in Education Centre. Our 365trading review revealed how these materials are extremely significant since they cover all major topics for profitable binary options trading journey.
Education Centre includes: general financial news, FAQ, ebook, economic calendar and trading indicators and videos on how to trade. As an important segment, traders can use a selection of different guide and strategy topics for advanced traders, but also new traders who are just starting their trading journey.
365trading Account Types
In 365trading review, we learnt how thips broker offers demo account to registered traders, as well as 4 live trading accounts. Each account types has different number of characteristics included, with a different deposit amount.
Minimum deposit amount for 365trading account is $100-$500 and for Silver account is between $500-$1000. In Gold account, minimum deposit range is between $1000 and $5000, while for Platinum one, is $5000-$10000.
For this 365trading review, we tried to get more details about each account type, but we were informed via live chat support how such type of information are only provided by account manager.
As regards to demo account, traders first need to be logged in on the platform. Demo is available for unlimited period of time and is funded by 365trading broker with $100 000 (virtual money).
365trading Customer Support Service
Our 365trading review showed us how this broker offers one of the best support services we had chance to review and inform our readers about it. They are several possibilities of how to reach 365trading broker.
The fastest way is without a doubt live chat. Support agent joined our chat shortly and answered all our questions, which we find important. Traders can also use email [email protected] , web form and phone for several countries (UK, Cyprus, Germany, Norway, Denmark, Sweden and Netherlands).
Our 365trading review showed us how platform is multilingual and available of following languages: English, Danish German, Norwegian and Swedish.
365trading Banking and Company
As seen above in 365trading review, this brokerage company is CySec regulated under reg.number 181/12. To interested traders, regulatory status of 365trading presents higher level of safety.
We have to emphasize how 365trading has prepared a detailed Terms & Conditions, which is very important for traders worldwide who can get important information about how to trade and what banking options can they use in the trading process.
Our 365trading review revealed how they offer possibility to deposit via different ways, such as credit cards (Visa, Mastercard and American Express), bank wire and ewallets (Neteller, PayPal, Sofort, iDeal, Trustly and Mr.Cash).
It is important to mention how 365trading broker does not charge any fees for money withdrawals.
The lowest withdrawal amount is $50 and to make withdrawals, traders first need to submit several documents, including copy of photo ID, proof of address and credit card copy.
In case of any queries regarding banking, traders can contact 365trading and get instant assistance, which only contributes to overall satisfaction when trading binary options with 365trading.
Read Our 365Trading Broker Review Today For Trading With A Leading Binary Platform
It isn’t quite often that you see a well-established broker operating in the binary options industry with minimal advertising and marketing strategies. Companies spend significant amounts of money into increasing their exposure among global traders, but very few brokers depend on improving their quality of services and obtaining clients through a positive reputation. 365Trading is one of the established binary options brokerages in the market that has been growing steadily in recent years.
365Trading has developed a proprietary trading platform with several unique features that have helped the company to offer a distinct service to its customers. There are a few obvious downsides to the company’s operational policies, but overall, 365Trading is an excellent binary options company for trading binary options for a lucrative career. Read our extended 365 Trading review today to learn more!
365Trading was launched way back in 2020 by Fidelisco Capital Markets Ltd., a company which has a strong presence in the European financial markets. 365Trading is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is authorised by the agency to indulge in financial transactions, services, and trading products through an online platform. 365Trading joins an elite list of binary options brokers that are regulated by the world’s top regulators to provide a safe, secure, and convenient binary options brokerage service for traders around the world.
365Trading is authorised by the European Markets in Financial Instruments Derivatives (MiFID) and the European Economic Area (EEA) initiative to operate as a financial entity across the European Union. 365Trading is bound by the European laws of operations, which are maintained by the CySEC through proactive broker supervision. CySEC has been evolving in recent years to become one of the top countries in the world for financial companies, helped in part by its membership in the EU. 365Trading is required to hold at least €1 million in operating capital, along with sufficient capital adequacy to maintain its clients’ investments without falling into bankruptcy or other financial hurdles. Even if 365Trading files for insolvency, the CySEC has created an Investor Compensation Fund (ICF) program that offers compensation of up to €20,000 for qualified investors.
There are several misconceptions about 365Trading’s broker locations provided by several online resources, which states that the broker is also located in South Africa and Australia. However, the broker has only listed Cyprus as its official headquarters, and traders should not assume that there are other branches at this point in time. Regardless, 365Trading is a fairly reliable and reputed binary options broker, with a strong regulatory license from the CySEC.
365Trading Financial Assets
365Trading has developed a proprietary brokerage service without any external assistance, which has certainly limited the company’s ability to offer a wide range of tradable instruments to its traders. Of course, traders are given the choice of trading indices, stocks, commodities, Forex, and Futures, but the total number of assets is around 60. Other brokers are known to offer at least 150 different assets, with some binary options brokers delivering close to 10,000 different options contracts through their platform. Of course, 365Trading may not be as competitive as its immediate competitors, but the choice of assets should be adequate for most traders.
INDICES: AEX, AEX FUT, AMX, AUSTRALIA 200, BEL 20, CAC 40, COPENHAGEN 20, GERMANY 30, DOW 30, UK 100, HONG KONG 50, SWITZERLAND 20, STOCKHOLM 30, TEL AVIV 25
STOCKS (EU): HEINEKEN, MICHELIN, ORANGE, PHILIPS, RANDSTAD, RENAULT, RD SHELL, CARLSBERG, DAIMLER, DANSKE BANK, ERICSSON, JYSKE BANK, MAERSK, NORDEA, SIEMENS, STATOIL, VOLKSWAGEN, VOLVO
STOCKS (US): CITIGROUP, COCA COLA, DISNEY, IBM, MCDONALDS, MICROSOFT, NIKE, YAHOO, ALIBABA
FOREX: EURUSD, GBPUSD, USDJPY, AUDUSD, GBPJPY, AUDJPY, EURJPY, EURGBP, USDCAD, USDCHF, EURCAD, EURCHF, GBPCAD
FOREX OTC: AUDCAD OTC, EURGBP OTC, EURUSD OTC, GBPJPY OTC, GBPUSD OTC, USDCHF OTC
COMMODITIES: GOLD, SILVER
365Trading seems to have missed the opportunity to provide a more comprehensive choice of stocks, particularly from the US, EU, and Asian markets, which could have increased the number of available assets quite significantly. The broker also lacks any option to trade cryptocurrencies, which are highly popular among retail traders. Increasing the number of financial instruments and market access can increase expenses and higher operational costs, which is the main reason why 365Trading has chosen to limit its number of tradable instruments. Nevertheless, the number of assets is way higher than the total number of options available from other leading brokers.
365Trading Investment & Binary Options Payouts
The binary options market offers an excellent range of products that provide varying payouts with different risk thresholds. The same cannot be said for a 365Trading account, as the broker only offers access to the conventional high/low binary option. With a single type of binary option, the broker has also limited the expiry times to 30 minutes, 60 minutes, 24 hours, end of the week, and end of the month for some assets. Unlike other binary options contracts that provide expiry times as low as 30 seconds, 365Trading only provides long-term options for a majority of its options, which is a huge disadvantage for traders. Of course, popular assets such as EUR/USD do have expiry times starting from one minute to 24 hours, end of the week, and end of the month.
The broker is not entirely disappointing, as there are features such as the ‘Trade Cancellation Function’, which provides up to three seconds for a trader to cancel a trade if they wish. The three-second window helps in minimising erroneous transactions, and an opportunity to pull out of a trade if traders are not comfortable with the market conditions. The Cancellation Function charges 2% of the transaction amount, which is just a small price to pay to conserve the entire trading capital. Traders cannot use the Cancellation Function at all times, as the feature will only be available once for every 15 trades.
As far as the investments in options are concerned, there is indeed a minimum and maximum limit set for order entries. Traders can start trading from €5, with a maximum order size of €1000 per position. Traders can open any number of positions in multiples of €1000, but it would be sensible to keep the investments to a minimum for reducing risk exposure in the market.
We are not surprised to find out that 365Trading does not offer any kind of free money or bonus programs for their clients’ deposits. The CySEC has recently banned its regulated member firms from participating in any bonus programs, purely due to the conflict of interest and disputes arising between brokers and traders. Bonuses can be a great addition to a trader’s portfolio, but it may also have negative effects on the freedom enjoyed by the trader. Therefore, 365Trading has no bonus promos or marketing offers for new or existing clients.
Of course, the company operates an affiliate program that enables traders to earn a sizeable income by referring friends or other persons to the 365Trading brokerage. The referral income is not any bonus program, as traders are free to use the money without any restriction.
365Trading has developed a proprietary binary options trading platform, which has seen a few developments and improvements in recent months. The first version of the platform had a few issues with respect to the trading compatibility, but the newest version has addressed almost all of the clients’ concerns. The broker seems to be dedicated to its cause by paying close attention to trader feedback, which is evident in the way the new platform is designed. Traders don’t have to download the platform or install any add-ons, as the 365Trading Web interface can be accessed through any web browser. However, the company recommends accessing its trading platform via Mozilla Firefox internet browser.
The new 365Trading Platform layout features a prominently black theme with one big chart and three smaller charts adorning most of the trader dashboard. There is also a trading interface that allows the trader to choose an asset, the expiry time, the investment amount, and the option to call or put the option. Each asset has a different payout, which is displayed in the trader dashboard. The platform provides all the necessary information about the trading history, along with the Cancellation Function for cancelling a trade within 3 seconds of entry.
Users have the freedom to choose either a line graph or a candlestick chart and choose the timeframe from five minutes to three hours. The chart does not have any option for adding indicators, neither is there any option to choose a smaller or higher time frame, but it is similar to the charts offered by most mainstream binary options platforms. If you have previously traded on more advanced platforms such as SpotOption, you may find it difficult to accustom to the reduced trading functionality. On the contrary, beginner traders will find the platform to be incredibly user-friendly, with all the trading information available at a glance.
365Trading Mobile Trading Platform
There are individual 365Trading apps for iOS and Android devices, which are available for free from the Google Play Store and the Apple App Store. These mobile trading platforms are developed alongside the web trader application, which means that the mobile trading interfaces have a similar theme as the desktop trading platform.
The easy and intuitive trading platform works on all smartphones and tablets running the latest version of iOS or Android, but the latest changes in Apple’s policies towards binary options may not enable traders to use iOS binary trading apps for much longer. Therefore, almost all brokers are recommending the use of web traders for mobile users, but Android users can continue using the dedicated Android mobile trading app.
365Trading Minimum Deposit & Account Options
Traders don’t have to invest any money for opening a trading account, as traders are expected to open an account and verify their identity before funding. Hence, traders must first register with an email address and send in several verification documents to be granted access to the 365Trading platform. The company is bound by CySEC and European laws regarding customer verification, financial fraud, money laundering, and other financial scams, which is why all account holders must verify their identity before investing. Most of the other competing companies normally allow its traders to start trading as soon as opening an account, but having a verified account is indeed beneficial in the long run.
365Trading has four different account categories, with a minimum deposit requirement of €100 for the Starter account. The Starter account offers 1-on-1 basic training, basic educational materials, and a limited trader dashboard. The Starter account, even though an excellent option for smaller traders, clearly lacks any major advantages that could potentially coerce traders into opening an account at 365Trading. However, the slightly more expensive Silver account offers better account features such as a personal account manager and limited access to trading signals. The Silver account requires a minimum deposit of €500, which is certainly more expensive than the average minimum deposit specified by other brokers.
The Gold account, which is the third account category, is a better option than the Starter or Silver accounts. The Gold account provides full access to trading signals and the education centre, only with a minimum investment of €1000. The Gold account also opens up the trader dashboard for more features, which makes it incredibly more attractive than the other accounts combined. If you are a professional trader looking for VIP trading conditions, the VIP account only requires a minimum investment of €5000, but you also get 1-on-1 training from a professional trader.
You can fund your account through your credit or debit card, or use the bank wire transfer option. Additionally, the broker also lets you make a payment through Neteller, giropay, iDeal, and SoFort. Since the broker asks its traders to verify their identity at the time of signing up, all withdrawals are processed within 24 hours, if not sooner. There is a minimum withdrawal limit of €50, but the company has managed to attain a 100% withdrawal rate without fail.
365Trading Customer Service
Being a CySEC regulated broker, 365Trading has employed a professional team of customer service representatives to cater to its traders’ requirements. 365Trading won’t be doing justice to their brand name if they don’t provide 24X7 service, which is why traders can get in touch with their personal account managers around the clock. Traders can either send a message through the web contact form or email or alternatively use the live chat feature to get in touch with the broker directly. The broker has also provided local phone numbers for traders from Germany, Denmark, Sweden, Norway, and the UK, where customer support staff are available during regular business hours.
365Trading Trading Education & Tools
The broker provides a basic one-on-one training for all traders, which are supplemented with e-books and video tutorials. These basic educational packages are suited for beginner traders, while advanced traders may have to opt for a larger account to gain access to comprehensive trader education, personal account manager, and trading signals. The trading resources are designed as per industry standards, but there is indeed room for improvement. Regardless, traders should find it easy to get to grips with the market through the educational resources, but professional traders should complement the existing tools with third-party resources for performing detailed research and analysis of the markets.
- 365Trading is regulated by the CySEC.
- Easier trading conditions with acceptable minimum investment and deposit.
- Advanced and easy-to-use proprietary trading platform.
- 24X7 customer service.
- Lower than average payouts.
- Reduced number of assets, binary options types, and expiry times.
What Is The Minimum Investment For An Account?
The minimum deposit is €100 for the Starter account, with the minimum trade size starting from €5 per position.
Are Traders From The US Accepted?
No, 365Trading does not accept traders from the USA.
Can You Trade On Mobile Apps?
Yes, the broker has a dedicated app available for iOS and Android devices.
Is 365Trading Regulated?
365Trading is a properly regulated and EU authorised agency with a verified regulatory license from the Cyprus Securities and Exchange Commission (CySEC).
365trading Broker Review 2020
365trading is a regulated binary broker.
In our 365trading broker review we shall closely inspect the trading platform they offer as well as their trading tools and services, account types and banking info.
Our experience in reviewing this broker was pleasant and satisfying since they offer user-friendly platform, nice selection of tradable assets and interesting trading options.
365trading Trading Platform
Trading platform itself was the first on our to-do list when compiling our 365trading broker review and we found it was easy to use and fictional as well as modern.
Unlike most brokers, 365trading has its own proprietary platform.
That means that the software used is the one specially designed to fit with their needs and allow their registered traders flawless trading experience.
South African traders will be pleased to know that minimum deposit for this broker comes at an affordable $100 while the minimum investment needed to start trading is just $5.
85% is the highest return rate possible with 365trading while the bonus they offer is unlimited. However, traders should be aware that a 20x turnover is required before the bonus can be withdrawn.
365trading Trading Tools and Features
Considering the fact that a team of experts founded 365trading, it is not surprising they offer their registered South African traders useful trading tools, options and services.
Therefore, we have discovered in our 365trading broker review that trading options traders can use are:
Expiry times available range from 60 seconds over 5 minutes, 15 minutes, 30 minutes, 1 hour, End of the Day to End of the Week.
Standard selection of assets list commodities, indices, currencies and stocks with numerous underlying assets to choose from.
Considering the ever-growing popularity of mobile trading, we are happy to report that South African traders also have the opportunity to use 365trading mobile app. The app will enable trading despite their location which, in turn, means that traders can follow what is happening on the market and seize opportune tradable instances as they appear.
Their trading mobile app is suited to be used on both iOS and Android devices as well as on tablets.
Trading feature which is also very popular is the demo account.
365trading offers their registered South African traders the opportunity to use the demo account which can be an excellent opportunity for all those who are only just beginning to test the waters of binary options trading.
Demo account serves as a practice since it has all the appearance of the real trading account but with a fundamental difference – virtual funds, in this case the amount is $100 000.
Therefore, traders get to try and use various options and expiry times an in a sense simulate the real trading experience but in a more protected trading environment.
Our 365trading broker review also discovered that there is a fine selection of useful materials contained within their educational centre.
South African traders can find general financial news, news on Forex trading, financial calendar, economic indicators, info on assets, videos and eBooks there and can use it in order to better understand the guiding principles of binary options trading.
365trading Account Types
With 365trading broker South African traders can either choose to first start with the demo account we have already described, or they can proceed to the real account.
Traders are offered four different trading account types.
- 365trading Standard Account with a minimum deposit from $100 – $500
- 365trading Silver Account with a minimum deposit from $500 – $1000
- 365trading Golden Account with a minimum deposit of $1000 – $5000
- 365trading Platinum Account with a minimum deposit from $5000 – $10000
In order to obtain more details about each account type it is necessary to talk to the account manager.
The usual practice used by 365trading is for their account manager to get in touch with the trader who is then given all the relevant info pertaining to types of account on offer.
365trading Customer Support
One of the key aspects we looked at in our 365trading broker review is, naturally, their customer support service.
We can confirm that the quality of their customer support is satisfactory; they were quick in responding to all our questions and their answers were informative and helpful.
South African traders can get in touch with 365trading customer service via live chat, phone or by filling out a web form.
For those traders who prefer to use email as a means of communication they can do so on [email protected]
However, traders can also get plenty of interesting and useful information simply by looking into the FAQ section or educational centre. It offers info on various topics of interest when it comes to binary options trading.
Also, the platform itself supports several languages which include English, German, Danish, Norwegian and Swedish.
365trading Banking Info
In our 365trading broker review, we also inspected their terms & conditions policy and we can say that it is very detailed, with all relevant information stated and made accessible to South African trades.
And, as previously stated, South African traders can always contact customer support for all those questions and issues which still bother them.
When it comes to banking information, we have found out that traders can choose to use GBP, EUR or USD for their deposit. Still, once chosen currency cannot be changed after registration so traders must be certain that the selected currency is the one the y truly want to use.
The minimum deposit required is $100 which is on the lower end of the scale when it comes to average deposits among binary options brokers.
Available trading deposits with 365trading are:
- Bank wire
- Credit/debit cards: American Express, MasterCard, Visa
- E-wallets: Neteller, Sofort, Trustly, PayPal, Bancontact – Mr Cash and iDeal
Minimum amount required for withdrawal is set at $50 and our 365trading broker review found out that they do not charge any extra fees for this.
Considering the fact that 365trading is a regulated broker which is dedicated to safety and security of their traders they use KYC policy which demands that traders submit proof of address, copy of photo ID and info about their credit card.
This is done to both prove the identity of the trader but also to protect both parties against fraud, identity theft and money laundering.
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