360Capital
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Pros and Cons
- Low spreads starting from 0.2 pips.
- Comprehensive educational resources including webinars and e-books.
- Offers high leverage up to 1:500.
- Multiple trading platforms including MT4, MT5, and WebTrader.
- Regulated by FSCA and CySEC ensuring client security.
- Strong customer support with 24/7 availability.
- Mobile trading app available on both iOS and Android.
- Withdrawal fees apply to some methods.
- No support for cTrader platform.
- PAMM accounts are not available.
Introduction to 360Capital for African Traders
360Capital is a growing brokerage firm designed to meet the needs of a global trading audience, with particular emphasis on the African market.
Offering access to diverse trading instruments including forex, stocks, indices, commodities, and cryptocurrencies, 360Capital provides a platform for both novice and experienced traders to explore global financial markets.
Known for its comprehensive educational resources, competitive fee structure, and reliable trading environment, 360Capital presents itself as a compelling choice for African traders aiming to diversify their investment portfolios in a secure, regulated setting.
Given the increasing interest in online trading across Africa, 360Capital’s offering aligns well with the needs of traders on the continent.
With customer support tailored to the African market and an emphasis on regulatory compliance, 360Capital assures traders of a safe trading environment.
This review examines the key attributes of 360Capital, assessing its account offerings, platform accessibility, regulatory status, customer service quality, and educational tools to offer African traders a complete understanding of what to expect from this broker.
Visit the official website: 360Capital360Capital’s Regulatory Status and Security Features
Regulation is essential in today’s trading environment, especially for traders in regions with limited financial safeguards.
360Capital operates under the watchful oversight of several reputable regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.
These regulatory authorities enforce stringent requirements, which 360Capital must meet, including transparency in fund management, regular audits, and maintaining a high standard of financial practices.
For African traders, this regulatory status provides much-needed peace of mind and trust.
In terms of security, 360Capital implements advanced technological safeguards, including SSL encryption to protect data transmissions, two-factor authentication (2FA) for added account security, and segregated accounts to ensure clients’ funds are kept separate from company funds.
Additionally, 360Capital abides by international anti-money laundering (AML) and know-your-customer (KYC) policies, further enhancing its secure and transparent trading environment.
African traders can feel confident that their personal and financial data is well-protected.
Account Types Tailored to African Traders
360Capital offers a range of account types to accommodate traders at all levels.
This selection is particularly beneficial for African traders, as it provides flexibility in terms of initial investment and account features.
Each account type offers different advantages, from lower minimum deposits to premium services for advanced traders.
Below is a breakdown of the account types available:
- Standard Account: Ideal for beginners, the Standard Account requires a minimal initial deposit and offers access to essential trading tools. This account type is a great starting point for traders with limited experience or smaller capital.
- Premium Account: Designed for intermediate traders, the Premium Account offers lower spreads, additional technical indicators, and access to enhanced market analysis tools. This account type is suitable for those seeking to elevate their trading strategies.
- VIP Account: The VIP Account is tailored for high-net-worth individuals and experienced traders, offering the tightest spreads, exclusive market insights, and priority support. VIP account holders also benefit from additional tools like personal account managers and one-on-one consultations.
- Islamic Account: For traders who require swap-free trading in compliance with Islamic finance principles, 360Capital provides an Islamic Account. This account removes any interest fees on overnight positions, adhering to Sharia-compliant trading conditions.
These account types allow traders from various backgrounds to find an option that suits their needs.
With accessible minimum deposits, the Standard Account is particularly attractive for new African traders, while the advanced accounts provide enhanced tools for those with more experience.
Open a Free AccountTrading Platforms: A Blend of Technology and Convenience
360Capital offers traders access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, alongside its proprietary WebTrader platform.
Each platform is equipped with a suite of tools designed to meet the needs of traders at every level.
MetaTrader 4 (MT4): Widely regarded as one of the most user-friendly and efficient trading platforms, MT4 offers advanced charting tools, custom indicators, and support for automated trading strategies. MT4’s simple interface makes it ideal for beginner and intermediate traders who are looking to explore technical analysis.
MetaTrader 5 (MT5): The MT5 platform is an upgrade from MT4, featuring additional asset classes, enhanced analytical tools, and a broader range of timeframes. For traders looking for more advanced features, including economic calendars and complex order types, MT5 is a suitable choice.
WebTrader: For traders who prefer to trade directly from their browser, the WebTrader platform offers a seamless, no-download option. This platform is particularly advantageous for traders on the go, as it allows them to access their accounts from any internet-enabled device. These platforms are accessible on both desktop and mobile devices, making them convenient for African traders who may rely on mobile connectivity.
The inclusion of MT4 and MT5, in particular, enables 360Capital to cater to a wide audience of traders who value flexibility and advanced functionality.
Leverage, Spreads, and Fees
360Capital offers competitive leverage, with ratios going up to 1:500 for certain account types.
This flexibility allows traders to maximize their positions, although it also introduces higher risk.
African traders who understand the dynamics of leverage can benefit from these ratios, particularly in the forex market.
The broker also provides tight spreads, which start from as low as 0.0 pips on major pairs for VIP accounts.
This is especially advantageous for high-frequency traders such as scalpers and day traders who seek to minimize trading costs.
360Capital employs a transparent fee structure, with no hidden costs on deposits or withdrawals, making it an economical option for cost-conscious traders.
Markets and Instruments
360Capital provides a wide array of trading instruments, allowing traders to diversify their portfolios across various markets.
This is beneficial for African traders who may wish to explore investments beyond forex, such as commodities, indices, stocks, and cryptocurrencies.
Customer Support
360Capital offers robust customer support tailored to the needs of African traders.
Their support team is accessible 24/5 via live chat, email, and phone, ensuring that traders can resolve issues swiftly and continue trading with minimal disruption.
The broker also provides multilingual support, a significant benefit for African traders from diverse linguistic backgrounds.
For traders new to the platform or trading in general, 360Capital provides a wealth of educational resources, including webinars, tutorials, and market analysis articles.
These resources are designed to help traders improve their skills and make informed trading decisions.
Educational Resources and Market Analysis
360Capital is committed to empowering its traders through education.
Their educational suite includes:
- Video Tutorials: Covering topics from trading basics to advanced strategies.
- Webinars: Regular sessions hosted by experts to provide insights on market trends.
- Market Analysis: Daily and weekly updates to help traders stay informed.
- eBooks: In-depth materials available for download.
These resources are invaluable for traders at all levels, particularly for those in Africa who may lack access to traditional financial education channels.
Trading Conditions and Fees
360Capital’s trading conditions are crafted to accommodate both retail and professional traders.
With tight spreads starting from as low as 0.0 pips for certain account types, this broker is positioned well for high-frequency traders who prioritize cost-efficiency.
Moreover, 360Capital provides competitive commissions, especially for premium accounts, where commission fees are reduced as trading volumes increase.
This fee structure supports various trading styles, from day trading and scalping to long-term investments.
Furthermore, 360Capital adopts a transparent pricing model where there are no hidden fees on deposits or withdrawals.
However, like most brokers, some account types might incur fees on overnight positions (also known as swap fees).
For traders operating within the constraints of Islamic finance, 360Capital’s swap-free Islamic accounts eliminate these fees, ensuring that all clients can find an account type that suits their specific trading needs and religious observances.
360Capital Leverage Options
Leverage remains one of the most attractive features of 360Capital’s trading offering.
For forex trades, leverage extends up to 1:500, allowing traders to control larger positions with a smaller initial investment.
While high leverage amplifies the potential for profits, it also increases the risk of significant losses.
African traders, many of whom may have limited access to large capital, can leverage this feature to maximize their market exposure, provided they manage risk prudently.
For other instruments like indices and commodities, leverage ratios are typically lower, ranging from 1:100 to 1:200, based on the risk profile of each asset class.
360Capital’s leverage offerings are designed to cater to varying trading strategies and risk appetites, giving traders more control over their positions.
Order Execution and Trading Speed
360Capital leverages advanced technology to ensure fast and efficient order execution.
For African traders, this rapid execution is critical as it minimizes slippage, particularly in volatile markets.
The broker employs a No Dealing Desk (NDD) execution model, which enables orders to be processed without interference.
This model is especially advantageous for traders who rely on quick trade execution, such as scalpers and day traders.
With servers strategically located to reduce latency, 360Capital’s infrastructure supports near-instantaneous trade execution, ensuring that traders capture desired prices with minimal delays.
The NDD execution model also enhances transparency, as traders are dealing directly with the market, benefiting from competitive bid/ask prices sourced from liquidity providers.
Deposit and Withdrawal Methods
360Capital offers a wide range of payment methods, catering to the diverse needs of African traders.
From traditional bank transfers to modern e-wallets and even cryptocurrency payment options, the broker facilitates both deposits and withdrawals with ease.
Payment processing times are relatively fast, with e-wallet and crypto transactions often completed within minutes, while bank transfers may take up to several business days.
Payment Method | Deposit Time | Withdrawal Time | Fees |
---|---|---|---|
Bank Transfer | 2-5 Business Days | 2-7 Business Days | No Fees |
Credit/Debit Card | Instant | 1-3 Business Days | No Fees |
Skrill/Neteller | Instant | Instant | No Fees |
Bitcoin | Up to 1 Hour | Up to 1 Hour | Blockchain Fee |
Educational Resources: A Focus on Trader Development
Recognizing the importance of trader education, 360Capital has developed an extensive array of resources for traders of all experience levels.
These resources are particularly beneficial for African traders, many of whom may be new to trading. 360Capital’s educational offerings include:
- Video Tutorials: Detailed videos on trading basics, strategies, and platform navigation.
- eBooks: In-depth guides on various trading topics, available for download.
- Webinars: Live webinars hosted by industry experts, covering market analysis and advanced trading concepts.
- Market Analysis: Daily and weekly insights, including technical and fundamental analysis, to help traders make informed decisions.
The educational content is structured to guide beginners through foundational topics, while also offering advanced materials for experienced traders looking to refine their strategies.
360Capital’s commitment to education reflects its dedication to long-term trader success.
Customer Support and Accessibility
360Capital has prioritized customer support, offering a team of skilled representatives available 24/5.
This support is accessible via multiple channels, including live chat, email, and phone, ensuring traders can get help whenever needed.
The support team is multilingual, accommodating traders from various linguistic backgrounds in Africa.
Additionally, 360Capital’s customer support team is trained to assist with a variety of inquiries, from platform navigation to account setup and troubleshooting.
This comprehensive support system is particularly advantageous for traders who may be new to the platform, helping them overcome challenges with ease.
Conclusion: Is 360Capital the Right Choice for African Traders?
360Capital stands out as a versatile and secure broker tailored to meet the demands of African traders.
With a strong regulatory framework, a variety of account types, competitive trading conditions, and extensive educational resources, 360Capital offers an ideal platform for traders looking to engage with global financial markets.
While the broker could enhance its offering by adding ETFs, its focus on forex, stocks, and commodities trading provides ample opportunities for portfolio diversification.
The broker’s commitment to transparency, fast execution, and customer support solidifies its standing as a dependable broker.
For traders in Africa seeking a regulated broker that values security, education, and accessibility, 360Capital presents a robust option worth serious consideration.
Open a Free AccountBroker Comparison Table
This table provides a comprehensive comparison of 360Capital with other leading brokers, focusing on key aspects such as demo account availability, minimum deposit requirements, regulatory bodies, trading platforms, leverage options, and payment methods.
This information is crucial for traders aiming to make informed decisions when selecting a broker that aligns with their trading needs and preferences.
Broker | Demo Account | Minimum Deposit | Regulators | Platforms | Leverage | Payment Methods | Visit |
---|---|---|---|---|---|---|---|
360Capital | Yes | $100 | FSCA | MT4, MT5 | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit 360Capital |
xChief | Yes | $1 | SVG FSA | MT4, WebTrader | Up to 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit xChief |
JustMarkets | Yes | $1 | CySEC | MT4, MT5 | Up to 1:3000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit JustMarkets |
XM | Yes | $5 | CySEC, ASIC | MT4, MT5 | Up to 1:888 | Bank Transfer, Credit/Debit Card, E-wallets | Visit XM |
FBS | Yes | $1 | IFSC, CySEC | MT4, MT5 | Up to 1:3000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit FBS |
RoboForex | Yes | $10 | IFSC | MT4, MT5, cTrader | Up to 1:2000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit RoboForex |
XTB | Yes | $0 | FCA, CySEC | xStation 5, MT4 | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit XTB |
Exness | Yes | $1 | FCA, CySEC | MT4, MT5 | Up to 1:2000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Exness |
IC Markets | Yes | $200 | ASIC, CySEC | MT4, MT5, cTrader | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit IC Markets |
eToro | Yes | $200 | CySEC, FCA | eToro Platform | Up to 1:30 | Bank Transfer, Credit/Debit Card, E-wallets | Visit eToro |
IQ Option | Yes | $10 | CySEC | IQ Option Platform | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit IQ Option |
LiteFinance | Yes | $50 | CySEC | MT4, MT5 | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit LiteFinance |
FxPro | Yes | $100 | FCA, CySEC | MT4, MT5, cTrader | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit FxPro |
EasyMarkets | Yes | $100 | ASIC, CySEC | MT4, MT5, EasyMarkets Platform | Up to 1:400 | Bank Transfer, Credit/Debit Card, E-wallets | Visit EasyMarkets |
Deriv | Yes | $5 | MFSA | MT5, Deriv Platform | Up to 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Deriv |
Amarkets | Yes | $100 | FSA | MT4, MT5, xStation | Up to 1:3000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Amarkets |
Pepperstone | Yes | $200 | ASIC, FCA | MT4, MT5, cTrader | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Pepperstone |
Trading Instruments Comparison
This table highlights the range of trading instruments available at 360Capital compared to other prominent brokers.
It covers essential markets such as CFDs, forex, stocks, commodities, cryptocurrencies, metals, and ETFs, providing traders with an overview of each broker’s offerings for better decision-making.
Broker | CFD | Forex | Stocks | Commodities | Crypto | Metals | ETFs |
---|---|---|---|---|---|---|---|
360Capital | Yes | Yes | Yes | Yes | Yes | Yes | No |
xChief | Yes | Yes | Yes | Yes | Yes | Yes | No |
JustMarkets | Yes | Yes | No | Yes | Yes | Yes | No |
XM | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
FBS | Yes | Yes | No | Yes | Yes | Yes | No |
RoboForex | Yes | Yes | Yes | Yes | Yes | Yes | No |
XTB | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Exness | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
IC Markets | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
eToro | Yes | Yes | Yes | Yes | Yes | No | Yes |
IQ Option | Yes | Yes | No | Yes | Yes | No | No |
User Reviews and Opinions
Frequently Asked Questions
What is the minimum deposit for 360Capital?
The minimum deposit required to open an account with 360Capital is $100.
Is 360Capital regulated?
Yes, 360Capital is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Cyprus Securities and Exchange Commission (CySEC).
Does 360Capital offer a demo account?
Yes, 360Capital offers a demo account for traders to practice and familiarize themselves with the platform before trading with real money.
What trading platforms does 360Capital support?
360Capital supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader platforms.
Are there any withdrawal fees with 360Capital?
Yes, withdrawal fees may apply depending on the method used. It’s advisable to check the specific fees before making a withdrawal.
What leverage does 360Capital offer?
360Capital offers leverage up to 1:500 depending on the asset class and regulatory conditions.
Does 360Capital provide educational resources?
Yes, 360Capital offers a range of educational resources including webinars, video tutorials, trading guides, and e-books.
Is there a mobile trading app for 360Capital?
Yes, 360Capital has a mobile trading app available for both Android and iOS devices.
What payment methods does 360Capital accept?
360Capital accepts various payment methods including bank transfers, credit/debit cards, and e-wallets. Local payment options are also available for African users.
Can I trade cryptocurrencies with 360Capital?
Yes, 360Capital offers cryptocurrency trading alongside Forex, commodities, and indices.
Resources
- Official Website
- 360Capital Facebook
- 360Capital Twitter
- 360Capital LinkedIn
- 360Capital Instagram
- 360Capital YouTube
Get To Know Our Team
The following team members have contributed to writing, editing, reviewing, and verifying the information in this article:
Updated as of: March 4, 2025