365Trading was first established in 2012, and is largely focused in the UK and Europe. 365Trading is one of the brokers that are frequently chosen by traders that are particularly serious about binary options trading.
Their low minimum deposits, excellent service, and quick withdrawal options have all resulted in 365Trading making its mark in the binary options market. This broker also places a lot of emphasis on ensuring that traders have access to all of the information that they will require.
365Trading does not conduct trades with US based traders. Let’s take a closer look at what this broker has to offer:
Account Types, Special Features, and Bonuses
With most other brokers, traders typically have the option of choosing what type of account they would like to join. There are often several tiers available. The more exclusive the account, the higher the minimum fee. These premium accounts come with value added services that traders can access at their discretion.
At 365Trading, however, the process is a little different. Here, there is just one option for opening a trading account. The minimum amount of money to open up this account is $100, €100, or £100. All of you have to do is to enter your information and you will have begun the process to opening your account. After this, the broker requires you to submit certain documentation so that your identity can be verified.
Upon opening your account, you will eligible for a 100 percent first deposit bonus. This can be up to €5 or an equivalent. You should know that there are a set of terms and conditions that are applied to this bonus.
The bonus is immediately added to the amount present in your account. However, as a trader, you will be unable to withdraw this bonus for a particular period of time. Only once you have achieved the minimum trading volume will you be permitted to withdraw your bonus.
This is equivalent to about 20 times the bonus that you have been presented with. Nonetheless, there is no expiry date for the bonus, so you can take as long as you want meeting the minimum volume requirement.
One of the benefits of using 365Trading is the demo account the broker offers. However, in order to utilize it, you are not required to sign up for their trading account or even make a deposit. Instead, you can simply sign up for the demo account and start using the platform.
Only if you choose to begin real trading will you have to sign up for the trading account. This is certainly not an option that is afforded by all brokers, so it is a really great feature.
Security and Licensing
365Trading has another lead over the competition. Unlike most other binary options brokers, 365Trading is licensed by one of the most respected licensing authorities in the world – CySEC. This means that the broker is regulated at all times. Therefore, traders can feel quite confident in using the services offered by the broker.
365Trading has quite stringent policies in place regarding how they handle all of their clients’ information. There are various security and authentication methods that are in place to ensure that no outside parties have access to sensitive information. As such, all details and transactions are secured by the broker.
When considering a binary options broker, one of the elements that are thoroughly investigated is the trading software that is used. 365Trading offers a trading platform that has been designed by the brokers themselves. The software is incredibly efficient and easy to use.
Furthermore, it utilizes some of the best charting and trading tools. Traders can choose from a wide variety to suit their particular needs. This includes choosing between line graphs and candlesticks. There is also a Zoom feature that allows traders to set intervals of 5 minutes, half an hour, one hour, and three hours. The broker is also known for continuously updating their software to ensure that they are tailoring the system to their clients’ needs.
The platform also teaches traders a great deal about various strategies and techniques. Traders are given the opportunity to learn with the help of videos available on the platform.
Withdrawals and Deposits
Traders with 365Trading can deposit and withdraw their money using various methods. This includes credit cards, bank wire transfers, Neteller, PayPal, Ideal, SoFort, and Trustly. American dollars, Euros, and Pound Sterling are the currencies that are accepted for these transactions.
One of the selling points of 365Trading is that they take care of most of their withdrawals within 24 hours. The minimum amount that you can withdraw is 50 dollars, Euros, or Pounds. In addition, 365Trading does not charge the traders any fees at all for withdrawing money from their accounts.
365Trading has made its mark on the binary options world and it is easy to see why. This is a legitimate broker that offers the best to its traders. This involves numerous learning tools, an incredible trading platform, and various other services. In conclusion, this is certainly one of the better binary options traders around.