ProfileCompany
Name: 360CryptoTraders
Company Website: https://360cryptotraders.com/
360Crypto Traders claims to be founded in 2016 and is an online trading platform for global users, mainly providing trading services for forex, CFDs, cryptocurrencies, and related financial instruments.
Trading
Products360Crypto Traders offers a diverse range of trading products covering the following markets:
Forex Market: Offers over 70 currency pairs, including mainstream forex products like EUR/USD, GBP/USD, and more. Trading employs floating spreads, ranging from 2.8 to 3.1 pips, slightly higher than the industry average.
Cryptocurrency: Supports major digital currencies including Bitcoin, with a maximum leverage of up to 1:500, and specific trading instruments and fees are not publicly disclosed.
Energy and Precious Metals: Covers crude oil and natural gas products, with a spread of $0.12 on crude oil.
Stocks and Indices: Trading through CFDs (Contracts for Difference), users do not directly hold the underlying assets, and the risk is concentrated in the price fluctuations themselves.
Account
Types: The company offers four trading accounts to suit different capital sizes and trading needs:
Micro Account (minimum deposit of $500): Offers free withdrawals and daily trading signals but with leverage of 1:500, amplifying potential losses.
Epic Account ($1,000): The service is the same as the Micro account, with spreads fixed at 2.8 pips for EUR/USD, and the cost is significantly higher than the industry average (generally 1.0–1.5 pips).
Epic Pro Account (EPIC-PRO) ($5,000): Comes with personalized trading tool services, but the deposit threshold is high, and cost-effectiveness needs to be evaluated.
VIP Account (1 Bitcoin): Provides dedicated account manager support, depositing based on Bitcoin, facing financial uncertainty caused by sharp price fluctuations.
The trading platform
company has developed its own "next-generation trading platform" to support users to customize the trading interface. The platform emphasizes responsive design, allowing users to track all trading activities and customize their trading habits. However, specific feature details and support for MT4/MT5 or other industry-standard platforms have not been disclosed.
Leverage and Spreads
360Crypto Traders offers up to 1:500 leverage across all account types, which enhances trading flexibility but also significantly increases the risk of liquidation.
Spreads: If EUR/USD remains at 2.8 pips, which is much higher than the industry ECN account standard (0.0–0.5 pips), there are hidden costs.
Commission: The platform does not specify whether additional commissions are charged or whether they are embedded in the spread. Compared to the industry-standard commission level ($3–$7/lot), there is a lack of transparency.
Swaps: Financing costs are not mentioned, but high-leverage trading often comes with high swaps.
Withdrawal policy: Claims "zero withdrawal fees", but some users have reported hidden restrictions or inconsistent arrival speeds, suggesting actual verification.
Risk Warning
360Crypto Traders Capital Advisors Corporation is an investment advisory firm registered with the Securities and Exchange Commission (SEC) in the United States. Any turnaround advisory services refer to 360Crypto Traders Capital Advisors Corporation. Contracts for Difference (CFDs) are complex financial products that are speculative, and trading them carries a significant risk of capital loss. CFDs are marginal products and trading them can result in you losing all your money. Please note that the leverage of CFDs can be beneficial or detrimental to you. CFD traders do not own the subject of the underlying asset and cannot use any rights to the underlying asset.
