About 365 FX MARKETS
Overview
365 FX MARKETS is a forex and CFD broker established on February 20, 2023, and registered in Saint Vincent and the Grenadines. The broker operates under the corporate address First Floor Saint Vincent Bank Ltd. Building, P.O.
Box 1574 James Street Kingstown, St. Vincent and the Grenadines. It offers trading services through its official website at 365fxmarkets.com.
Despite its recent entry into the market, the broker has positioned itself as a multi-asset trading provider, offering contracts for difference (CFDs) on forex, indices, metals, and other instruments. The broker's registration in Saint Vincent and the Grenadines is notable because that jurisdiction does not impose regulatory oversight on forex brokers, meaning that 365 FX MARKETS operates without a license from any recognized financial authority.
Regulation and Safety
Our review confirms that 365 FX MARKETS is not regulated by any major financial regulator. The broker's registration in Saint Vincent and the Grenadines does not require adherence to the strict standards of supervisory bodies such as the FCA, CySEC, or ASIC. As a result, traders do not benefit from investor protection schemes, deposit guarantees, or dispute resolution services typically offered by regulated brokers.
This lack of regulatory oversight raises significant concerns regarding transparency and accountability. While the broker may operate legitimately in its home jurisdiction, the absence of external scrutiny means that clients must rely solely on the broker's own assurances. FXCanary's scam risk score of 52/100 (Elevated) reflects these risks, indicating that traders should exercise caution.
Account Types
365 FX MARKETS offers three distinct account tiers tailored to different trader experience levels and capital sizes. The BEGINNER account requires a minimum deposit of $100 and offers a maximum leverage of 1:100, making it accessible for new traders. The PROFESSIONAL account has a minimum deposit of $150 and a maximum leverage of 1:200, designed for more experienced traders seeking higher exposure.
At the top end, the PMS (Professional Management System) account requires a $200 minimum deposit and provides the highest leverage of 1:1000. This account likely targets active traders who require significant leverage to amplify their positions. All account types are likely offered with variable spreads, though specific spread details are not provided in the available information.
Trading Platforms
The broker supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are available for Windows, iOS, and Android devices. These platforms are industry standards known for their advanced charting tools, algorithmic trading capabilities, and extensive technical indicators. Clients can access real-time quotes, execute trades, and manage their accounts through these interfaces.
By offering both MT4 and MT5, 365 FX MARKETS caters to traders who prefer the classic MT4 ecosystem as well as those who want the additional features of MT5, such as more timeframes and an integrated economic calendar. The availability of mobile apps ensures that traders can monitor and trade from anywhere, although the reliance on mobile trading may carry additional security considerations given the broker's unregulated status.
Trading Instruments
365 FX MARKETS provides a range of trading instruments including forex pairs, indices, metals, and CFDs. While the exact number of instruments is not specified, the inclusion of indices and metals suggests a diverse offering beyond just currency pairs. This allows traders to speculate on global market movements and hedge their portfolios.
CFDs are leveraged products that carry a high level of risk, particularly when combined with the high leverage options offered by the broker. The broker does not appear to offer stocks, cryptocurrencies, or commodities other than metals, which may limit diversification opportunities for traders seeking a broader asset mix.
Conclusion
365 FX MARKETS presents itself as a retail forex broker with competitive leverage and low entry barriers. However, the absence of a regulatory license is a critical drawback that should not be overlooked. Traders considering this broker must weigh the potential benefits of high leverage against the significant risks of operating without oversight.
In FXCanary's assessment, the broker's elevated risk score underscores the importance of due diligence before depositing funds. As with any unregulated entity, clients should never invest more than they can afford to lose. For those prioritizing safety, fully regulated alternatives are recommended.
Overview compiled by FXCanary from regulatory records and public data. full 365 FX MARKETS review