Plus500 vs Trade360

If you are reading this article, you’re likely having trouble deciding whether Trade360 or Plus500 is the better trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Trade360 vs Plus500 review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

FeaturePlus500 (visit site)Trade360 (visit site)
Headquarter:IsraelCyprus
Regulation :
CySEC, FCA, ASIC, FMA, FSB, MASCySEC
Type of Broker:
Market MakerMarket Maker
U.S. Clients Allowed:
Minimum Deposit:
$100$500
Maximum Leverage:
1:301:30 retail, 1:400 professional
Commissions / Spreads:
Variable SpreadsSpreads
Account 1:
CFD Mini
Account 2:
Standard
Account 3:
Gold, Platinum, Diamond
Account 4:
Professional
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • imageEnglish
  • image Chinese
  • Other
  • imageEnglish
  • image Spanish
  • Other
Support Hours:
24/7unspecified
E-mail Support:
SMS Support:
Chat:
Broker Offers:
86% of retail CFD accounts lose money
.

Features and Platforms

Trade360 deploys its proprietary CrowdFeed technology embedded in its WebTrader, but trading signals from Trading Central remain the best feature at this broker. The MT5 trading platform is also available, catering to algorithmic traders, but Trade360 demands a $1,000 minimum deposit, while the educational content remains below average. Plus500 only provides traders with its sub-standard proprietary trading platform and established itself as an execution-only broker. It thrives with its asset selection and competitive commission-free pricing environment. A first deposit bonus and a generous reward program exist, an attractive incentive for high-volume traders.

FeaturePlus500Trade360
Type of Platform:Proprietary platform, Web-basedMetaTrader 5, Proprietary platform, Web-based
Platform Languages:
  • imageEnglish
  • image Chinese
  • image Spanish
  • image Italian
  • image French
  • image German
  • Other
  • imageEnglish
OS Compatibility:
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

The asset selection at Trade360 remains below average with 49 currency pairs, zero cryptocurrencies, four commodity CFDs and nine index CFDs. The only bright spot is equity CFDs, where Trade360 provides 544 together with 42 ETFs. Plus500 presents Forex traders with 71 currency pairs and three cryptocurrencies. Completing the well-balanced trading instruments are 22 commodities, 26 index CFD, 95 ETFs, 585 options contracts, and 1,737 equity CFDs. While Trade360 maintains an introductory asset selection suitable for beginner traders, Plus500 provides a competitive mix of available markets, catering to advanced trading requirements. It places Plus500 well ahead of Trade360.

FeaturePlus500Trade360
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

One of the notable disadvantages of Trade360 is trading costs. The minimum spread for the EUR/USD is 4.0 pips or $40 per 1.0 standard lot. Trade360 deploys a commission-free trading environment, which is almost seven times more expensive than commission-based offers at competitive brokers. Plus500 counters with a commission-free mark-up of 0.8 pips - numbers taken on 09.11.2022. five times cheaper than Trade360. Swap rates on leveraged overnight positions apply at Trade360 and Plus500, and traders have to pay for third-party payment processor costs. Plus500 notes a 0.50% currency conversion fee but remains cheaper than Trade360.

Security and Trust

Both brokers have a regulatory license from the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities & Investments Commission (ASIC). Trade360 caters to international traders from the unregulated Marshal Islands subsidiary. Plus500 also has subsidiaries regulated by the FCA in the UK, the FMA in New Zealand, the FSCA in South Africa, the FSA in Seychelles, and the MAS in Singapore. Before its public listing in the UK, Plus500 had a series of missteps before 2018. Since its IPO, it maintains a spotless operational record. Both brokers provide negative balance protection and segregate client deposits. All client funds deposited with Plus500’s Cyprus subsidiary are held in segregated client bank accounts in accordance with the Cyprus Security and Exchange Commission’s (CySEC) client funds rules. Plus500AU Pty Ltd holds client money in a segregated trust account, in accordance with the Australian legal requirements.

Plus500 vs Trade360 – Verdict

Trade360 repeatedly stresses regulation, but most international traders will manage portfolios with the unregulated subsidiary out of the Marshall Islands. It also prides itself on its CrowdFeed, a sentiment indicator featuring additional alerts. With education listed as a core value, Trade360 fails to deliver a high-quality educational section. Traders who wish to trade with the MT5 trading platform must deposit $1,000+ versus $250 for its proprietary WebTrader. The cost structure remains among the most expensive ones available, while the asset selection outside of equity CFDs is below average. Plus500 shines with its well-balanced selection of trading instruments with a more competitive pricing environment, five times cheaper than Trade360. Plus500 is an execution-only broker and does not provide notably value-added services, and only its proprietary trading platform is available. The bonus and rewards system add a distinct benefit to active traders, making Plus500 an overall better broker.

Read full Plus500 Review
Read full Trade360 Review

Trade360 is one of the most expensive brokers, with the EUR/USD costing an unacceptable $40 per 1.0 standard lot versus $8 at Plus500.

What about MetaTrader and copy trading?

Most Visited Forex Broker Reviews