360°Capital-Overview of Minimum Deposit, Leverage, Spreads

Overview of 360°Capital

360°Capital, based in Mauritius, has been operating for 2-5 years.

It offers a wide range of trading assets, including Forex, Commodities, Indices, Shares, and Cryptocurrencies. With a low minimum deposit of $20, competitive spreads as low as 0 pips, and leverage up to 1:400, it serves traders of all levels. Multi-channel customer support enhances user experience.

However, being unregulated poses risks in terms of fund security and transparency. Educational resources are limited, potentially hindering trader development. Overall, 360°Capital provides a user-friendly MT5 platform, but traders should exercise caution due to its unregulated status.

Regulatory Status

360°Capital operates without regulatory oversight.

This absence of supervision raises risks about investor protection and financial transparency. Without regulation, there's potential for mismanagement, fraud, and market manipulation. Investors face heightened risks of losing funds due to lack of safeguards and accountability measures.

Pros and Cons

Pros:

• Low Minimum Deposit: $20: 360°Capital offers a low entry barrier, requiring only $20 as a minimum deposit. This affordability allows traders with limited capital to access the platform and begin trading.

• Various Range of Assets: Traders have access to a wide range of assets including Forex, Commodities, Indices, Shares, and Cryptocurrencies. This variety provides ample opportunities for portfolio diversification and trading flexibility.

• Multi-Channel Customer Support: The platform offers multi-channel customer support including email and phone assistance, ensuring traders can seek help promptly and efficiently whenever needed.

• Competitive Spreads as Low as 0: With competitive spreads starting as low as 0 pips for certain forex pairs, traders can benefit from lower trading costs, enhancing their profitability.

• User-Friendly MT5 Platform: The MT5 trading platform provided by 360°Capital is known for its user-friendly interface and advanced trading tools.

Cons:

• Unregulated: One notable drawback is the lack of regulatory oversight. Without regulation, traders face higher risks related to fund security, transparency, and accountability.

• Lack of Educational Resources: 360°Capital lacks comprehensive educational resources such as tutorials, webinars, and trading guides. This absence of educational materials could hinder the learning and skill development of traders, especially beginners.

Market Instruments

360°Capital offers a wide range of trading assets across various markets:

Forex: Also known as foreign exchange or FX, Forex is the world's most traded market, boasting a daily turnover exceeding $5.5 trillion. Traders can access a wide array of currency pairs, providing ample opportunities for profit.

Commodities: Trade Contracts for Difference (CFDs) on a broad spectrum of commodities spanning energy, industrial, precious metal, financial, and agricultural sectors. This allows for diversified exposure to different commodity markets.

Equities: Trading the equity market through CFDs can be rewarding, with an increasing number of traders preferring this approach over traditional shares. This method offers flexibility and potential benefits such as leverage.

Indices: Indices represent weighted indexes of top shares on specific exchanges, such as the US30 (Dow Jones 30) and the New York Stock Exchange. Trading indices provides exposure to broader market movements and allows for speculation on market trends.

Account Types

360°Capital offers 3 account types for the users.

The Classic account offered by 360°Capital requires a minimum starting deposit of $20, making it accessible for users with smaller capital. With support for MT 4/5 platforms, traders can access a wide range of tools and features for market analysis and trading. Leverage of up to 1:400 is available, providing the potential for amplified returns or losses. The spreads start from 1.2 pips, which may appeal to those seeking competitive pricing in their trades.

The Premium account is positioned as a middle-tier option, requiring a higher starting deposit of $1,000. Similar to the Classic account, it supports MT 4/5 platforms and offers leverage of up to 1:400. However, traders benefit from tighter spreads, starting from 0.9 pips, potentially enhancing profitability. Alongside trading in Forex, Commodities, and Indices, users gain access to Copy Trader functionality, providing opportunities to replicate successful trades.

For users with a more substantial starting capital, the Private Wealth account offers a bespoke trading experience. Requiring a minimum deposit of $5,000 or more, this account type provides flexibility with custom leverage and spreads tailored to individual preferences.

Moreover, the Private Wealth account includes advanced features such as full Academy access, priority withdrawals, automated trading options, VIP event invitations, and ECN account access.

How to Open an Account？

To open an account with 360°Capital, follow these four concrete steps:

1. Registration: Visit the official website of 360°Capital and locate the “Open an Account” or “Register” button. Click on it to start the registration process.

1. Personal Information: Fill out the required personal information accurately in the registration form. This typically includes your full name, email address, phone number, and residential address. Ensure all information is correct and up-to-date.

2. Verification: Upload the necessary identification documents as requested by 360°Capital to verify your identity and residency. This includes a copy of your passport or national ID card, as well as proof of address such as a utility bill or bank statement.

3. Account Activation: Once your registration and verification documents are submitted and approved, your account will be activated. You will receive confirmation via email or notification on the platform. You can then proceed to fund your account and start trading.

Leverage

360°Capital offers a maximum leverage of 1:400, enabling traders to amplify their trading positions relative to their initial margin deposit. This level of leverage allows for greater potential returns but also increases the risk of significant losses.

Spreads & Commissions

360°Capital offers a range of account types with varying spreads and commissions.

The Standard Account features spreads that start from 10 pips for Forex Majors, 30 pips for Spot Metals, and 7 pips for Spot Energy, with no commission charges for most instruments except for Spot Energy and US Shares, which incur a commission of $30. This account type might be suitable for novice traders or those with smaller trading volumes due to its higher spreads and absence of commission fees for most assets.

On the other hand, the ECN Account presents tighter spreads, starting from 0 pips for Forex Majors, with commission charges ranging from $8 to $30 depending on the asset. This account type is ideal for active traders or those with larger trading volumes who prioritize lower spreads and are willing to pay commissions for each trade.

For traders adhering to Islamic principles, the Islamic Account mirrors the spreads of the Standard Account but with adjusted spreads for specific assets such as Spot Metals and Indices to comply with Sharia law. This account type might appeal to traders seeking to adhere to Islamic financial principles while participating in the financial markets.

Trading Platform

360°Capital offers the popular MT4/MT5 trading platform, accessible through both desktop and mobile devices.

The MetaTrader 4/5 platforms are widely recognized in the industry for their user-friendly interfaces and comprehensive range of trading tools. Traders can execute trades easily and access a variety of technical indicators, charting options, and analytical tools to assist with market analysis.

Additionally, the platforms support automated trading through Expert Advisors (EAs), allowing users to implement algorithmic trading strategies. The availability of MT4/MT5 on desktop and mobile devices provides flexibility for traders to monitor and manage their positions wherever they are.

Deposit & Withdrawal

360°Capital requires a minimum deposit of $20 across all account types, enabling traders to access basic features. However, to qualify for VIP account benefits, a minimum balance of $50,000 is necessary.

Customer Support

360°Capital provides customer support via email at support@360capitalltd.com. Additionally, they offer phone assistance at +442035041351 (international) and +27875503227 (South Africa). This multi-channel approach ensures traders can seek assistance promptly, fostering a responsive and accessible customer support experience.

Conclusion

In conclusion, 360°Capital offers a competitive trading environment with advantages such as a low minimum deposit of $20, competitive spreads as low as 0 pips, and leverage up to 1:400. The multi-channel customer support enhances user experience.

However, being unregulated poses risks, and the lack of educational resources hinders trader development.

Despite these drawbacks, the user-friendly MT5 platform and wide range of market instruments provide ample trading opportunities.

FAQs

1. Question: What is the minimum deposit required to open an account with 360°Capital？

1. Answer: The minimum deposit is $20 for all account types.

1. Question: What markets can I trade on 360°Capital？

1. Answer: You can trade Forex, Commodities, Indices, Shares, and Cryptocurrencies.

1. Question: Is 360°Capital regulated？

1. Answer: No, it operates without regulatory oversight.

1. Question: What is the maximum leverage offered by 360°Capital？

1. Answer: The maximum leverage is up to 1:400.

2. Question: How can I contact customer support？

3. Answer: You can reach customer support via email or phone.