Trade360 – Is it scam or safe?

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Trade360 – Is it scam or safe?

Trade360 is a brand name of MPF Global Markets Ltd, a Cyprus-based financial company that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The CySEC license allows it to offer financial services, including forex.

However, there are some posts that inform about poor customer service (automated or no answers) and money withdrawal difficulties.

So far, we haven’t received any complaints from clients of Trade360.

If you feel frustrated by Trade360 and have something to share with us, please fill in the form below, describing your case:

6 Complains

  1. This is scam scheme! They blocked my account because my girlfriend registered her account from the same IP as me. I tried to explain this to the support but it is useless. They didn’t care at all. Do not deal with them!

  2. I couldn’t call them a scam but their trading conditions are terrible. They have huge spreads and you will never get your bonus. To do that you must trade the whole world. If you won’t rely on this bonus, go ahead but I wouldn’t recommend.

  3. What coincidences! They always close my open positions a second before the market goes to my direction. This happened 5 times till now and I am sure they do some manipulation. I am very suspicious.

  4. I wanted to withdraw some money but they charged me nearly 50$ for the transfer. I asked them why and they answered these were administrative costs. I have tried some other brokers and I will not recommend this for sure!

  5. I had the worst experience trading with this broker. Their platform sucks. It gave some bug and now when I buy it sells. I suffered a significant loss but they didn’t take some responsibility. Very bad.

  6. I funded my account by my credit card and after I made some successful trades I withdrew some money. I tried to deposit again by my card but I couldn’t. Trade360 told me to deposit via some local bank in Australia and then they would transfer the money into the account. Well, this money has never been added to my account. It was blocked and this broker doesn’t reply to my calls and emails. I made several requests to withdraw my money but they did nothing. It turned out trade360 was a total scam company. They will take your money for sure.

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