Our detailed Capital 360 Ltd review will focus mainly on the difference between offshore and other brokers. While offshore regulation is still better than nothing, it’s a pretty loose one. Authorities in countries like Mauritius don’t bother much checking the brokers under their surveillance.
Let’s start investigating together to see if your money is safe.
The major difference between regulatory tiers is their requirements for brokers. Namely, in the first tier, we have FCA, ASIC, and BaFin authorities. Each of these requires hundreds of thousands of dollars in minimum capital. They demand companies limit leverage to 1:30 and provide customers with negative balance protection. If you lose your money, you cannot go to minus with this feature.
On the other hand, tier 3 is offshore license providers who are not as strict. Brokers need approximately $25,000 and can get a regulation within a month. In addition, there’s no compensation fund to reimburse investors who have any trouble with the firm.
While offshore brokers have a wide range of customers, those with a license in your particular country offer a higher level of safety. Vague pros and cons before deciding.
Usually, offshore brokers have no limitations. They offer services to a broad range of customers, not rarely violating certain countries’ regulatory regimes.
Broker 360 Capital Ltd is mainly advertising in the following countries:
However, some of these have strict local regulators, such as CFTC in the US. Without its approval, no investment firm is allowed to offer any kind of trading services.
Let’s take a look at the 360 Capital Ltd trading platform. The company offers both MT4 and MT5, which is amazing. It means you’re on the right path to making a profit.
However, we have plenty of evidence that there’s more to trading than just a platform. One example of this is Trade245. This company offers the same MetaTrader bundle, but customers have had many issues throughout their investment journey.
We won’t deny that MT4 and MT5 are the best of the best. Both platforms have an astounding number of features, including social and automated trading. Additionally, there’s a wide range of charts and other tools necessary for in-depth market analysis. However, all this doesn’t worth much without a credible broker on your side.
Each MetaTrader comes with a mobile app. However, we find it rather odd that 360 Capital Ltd only provides it for Android. While the provider itself has apps for Huawei and iOS, we weren’t able to find download links on the broker site. We can’t say if this is an omission or if they don’t service iOS customers.
The offer of tradable assets is somewhat limited. For instance, 360 Capital Ltd doesn’t offer crypto trading, while most of its counterparts do. Here’s the offer:
CFDs leverage ranges from 1:200 to custom, meaning well above regulatory limitations in the EU, Australia, or the US.
The spread starts at 1.2 pips for EUR/USD benchmark, which is pretty solid. Other than that, we don’t see a mention of different commissions. There’s an Islamic swap-free account, while other types include overnight fees.
You can choose from one of the three regular 360 Capital Ltd account types:
The spread is lowering while the leverage increases with each type. Additionally, the Prime account brings in automated trading and faster withdrawals, while the Private Wealth one has live Q and A sessions and access to a Quantum Growth Academy.
Besides, you can choose an Islamic account and trade swap-free. However, commissions for this account are higher.
Yes, you can use the 360 Capital Ltd Demo account. Both MetaTrader versions support trial accounts where customers can test their trading strategies for free.
It can be a beneficial feature for trading newbies as well as experienced investors who are testing new market approaches. However, don’t forget that virtual money is not actual cash. Risks change once you invest, so don’t be misled by the Demo.
There’s a big question about 360 Capital Ltd withdrawals. Here are the advertised payment methods:
You will agree that these are not the most credible, and the company doesn’t offer debit/credit cards. With them, you can request a chargeback within up to 540 days if something goes wrong.
However, don’t lose hope. Any money can be reversed as long as you have solid legal grounds and the right tools.
If you find yourself unable to withdraw money from a 360 Capital Ltd broker, it’s not the end. Global Fraud Protection has dedicated chargeback experts who can follow the transaction and see if you have legal grounds to request your money back.
Don’t get desperate. We are here to protect your financial rights! Book a free consultation today!
Broker 360 Capital Ltd is regulated by offshore authorities. If you have any trouble getting your money back, we might be able to assist.
Yes, 360 Capital Ltd offers a risk-free Demo account for its customers.
The minimum deposit this broker requires stands at $150.
Broker 360 Capital Ltd is regulated by offshore authorities. If you have any trouble getting your money back, we might be able to assist.
Yes, 360 Capital Ltd offers a risk-free Demo account for its customers.
The minimum deposit this broker requires stands at $150.
The post 360 Capital Ltd – Detailed Review Of An Offshore Broker appeared first on Global Fraud Protection.
