365Trading is a binary options broker that is based in Cyprus. They offer an in-house platform that is integrated with on-demand technical indicators and candlestick charts.
The Good / – They have low minimum deposit and minimum trade size requirements. They also have a proprietary platform that is very easy to use.
The Bad / – They only have around 50+ assets but included are the most profitable ones including gold, silver and stocks of major European companies.
The Bottom Line / – 365Trading has successfully developed a streamlined and intuitive platform that is well-suited for the needs of binary option traders. Their superior trading conditions and requirements open more opportunities to trade with reduced risks and increased potential profits.
Demo Account: A year to practice
The free demo account has a $50,000 opening balance and can be used for a period of 1 year. It basically has the same features of a live demo account so I can fully test out my trading strategies with real market conditions.
Bonuses: Up to 100%!
The welcome bonus that they offer can reach up to 100%. This is definitely a good way to start my trades since I have additional funds on my account. They also offer other promotional bonuses to traders in special categories and the amount can go for as high as $10,000.
Platform: In-house technology
What makes this broker different from the majority of the brands today is that they were able to build their own custom trading platform with integrated candle sticks and technical indicators. It’s quite different from the ones that I have tested before but it’s a lot more responsive and easy to get accustomed with.
Mobile Trading: Supports mobile browsers
They may not have developed a mobile application but they do have an intuitive website that is well-optimized for mobile phone and tablet users. The interface is very easy to navigate and loads perfectly well even on small screens.
Tradable Assets: Major European stocks included
They only have around 50+ assets which is a bit inferior to what other brokers offer but what I do like about 365Trading is that they’ve included the most profitable ones including commodities like gold and silver and stocks of major European companies.
Minimum Trade: Best for risk management
Another advantage that I like about this broker is that they only require a minimum trade size of $5. This amount allows me to effectively control my spending habits and monitor the possible risks on every position that I open on their platform.
Payout Rate: Substantial returns
The maximum payout for the standard options is 85% which for me is already a substantial rate. It may not be the highest in the market but what I noticed from the majority of the assets, is that the payout rates are equal or close to the highest scale which means that the returns are mostly competitive.
The standard options are available with a good range of expiries.
They also offer this short term option with competitive payout rates.
This option is one of the missing instruments in the platform.
They offer Long Term option types for those who want to trade with longer expiry rates.
Deposit and Withdrawal
Minimum Deposit: €100 to start trading!
They are one of the very few brokers in the market that require a very low minimum deposit. For just €100, I can already start trading with real money on their platform.
Deposit Methods: Major payment options accepted
I never encountered any problems transferring money into my account because they accept various payment methods like credit cards, debit cards and wire transfer.
Withdrawal Processing Time: No delays
According to their website, withdrawals can take around 2 to 7 banking days before the funds show up on my chosen banking method. When I did my test, I was able to get my money in a matter of 4 days which is quite fast. Impressive!
Channels: All modes of communication
It’s so easy to communicate with their customer service team because they can be easily reached via phone support. Alternatively, they also have an email and live chat support.
Availability: 24/7 by email, limited by phone
They are only available from 9am to 5pm by phone and 24/7 by email and live chat.
Supported Languages: 4 options
Currently they support English, Spanish, German and Dutch languages.
Average User Rating: 9.5
Platform Design: Very basic but effective
I find the layout to bevery basic but for me that is a great advantage because it expedites the platform’s loading time since it is not full of unnecessary graphic elements.
Support: Fast and efficient
I highly commend their support staff for being very fast in delivering their answers all the time whenever I have any questions. In fact, their chat support team is also very quick with their responses.
Reputation: Known for superior platform technology
This broker is widely known for having a superior trading platform which is why I am not surprised that they already have thousands of loyal clients. They are also very popular throughout Europe since they are an entirely European company which means that they easily can respond to their clients who are mostly based in this region.
Editor’s Rating: 91
365Trading has successfully developed a streamlined and intuitive platform that is well-suited for the needs of binary option traders. Their superior trading conditions and requirements open more opportunities to trade with reduced risks and increased potential profits.