We will give a thorough 360Traders review in this blog post, exposing its fraudulent operations and outlining any potential risks connected to this broker. Continue reading to find out more about the red flags, lack of regulation, and concerns that have been raised about 360Traders if you’re thinking about trading with them.
Basic Details for 360Traders
Website: http://www.360traders.co/
Website Availability: NO
Official Address: 218 West 50th Street New York, NY 10019
Regulation: Unregulated
Warned By: Securities and Exchange Commission (USA)
What is 360Traders (www.360traders.co)?
As an online trading platform, 360Traders markets itself as providing a range of financial goods, such as stocks, cryptocurrencies, and FX. The website appears to be a reliable broker at first glance, with a modern UI and promises of substantial returns. When you look more closely, though, like with many unlicensed brokers, the warning signs start to show.
Any investor should be careful due to the company’s lack of ownership transparency, ambiguous wealth promises, and ambiguous trading terms. For inexperienced traders, this platform is troubling because it claims to offer “professional” trading services but provides little in the way of instruction or advice.
Lack of Regulation and Accountability
In our 360Traders review, the broker’s total absence of regulation is one of the biggest red flags. Reputable brokers are subject to strict regulations enforced by financial regulatory bodies, including the U.S. Securities and Exchange Commission (SEC), the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA). These rules are in place to guarantee traders’ security, accountability, and transparency.
Warning Signs and User Complaints
The suspicions surrounding 360Traders have been strengthened by an increasing number of user complaints that have appeared online. A lot of traders have complained about having trouble getting their money back. Some have even said that the platform banned their accounts after they requested withdrawals or charged them fees they weren’t expecting.
Aggressive sales techniques used by so-called “account managers” to pressure investors into making larger deposits—often with promises of assured returns—are further red flags. These strategies are usually connected to con artists who want to extract as much money as they can from their victims before disappearing.
360Traders Review – Conclusion
Based on many factors explained above we have finally concluded that 360Traders is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to 360Traders fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from 360Traders.
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Note: The 360Traders review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring 360Traders company.