365TradingFX

365TradingFX is a forex and CFD broker registered in Australia and established on 6 April 2021. The company operates under the domain 365tradingfx.com and presents itself as a trading provider for retail clients. According to our records, the firm does not hold any regulatory licence from any financial authority, which is a significant consideration for traders.

Despite its registration in Australia, the absence of an Australian Securities and Investments Commission (ASIC) licence or any other recognised regulatory oversight means that the broker is not bound by the stringent client protection rules typical of regulated entities. Traders should be aware that this lack of regulation introduces higher counterparty risk and limited recourse in case of disputes.

Our research indicates that 365TradingFX currently has no regulatory licences on file. This means it is not authorised or supervised by any major financial regulator such as ASIC, the FCA, or CySEC. Without regulatory oversight, traders do not benefit from protections like negative balance protection, segregated client accounts, or access to ombudsman services.

The absence of regulation is a critical red flag for most traders. We recommend that only those with a very high risk tolerance consider trading with an unregulated broker, and even then, only with capital they can afford to lose. It is essential to conduct further due diligence before depositing funds.

365TradingFX offers four account tiers: Basic, Silver, Gold, and Platinum. The Basic account requires a minimum deposit of €250 and provides leverage up to 100:1. The Silver account starts at €10,000 with leverage up to 200:1, while the Gold account requires €25,000 and offers up to 300:1 leverage. The top-tier Platinum account has a minimum deposit of €100,000 and maximum leverage of 400:1.

The high minimum deposits, particularly for Silver and above, suggest the broker is targeting more affluent traders. However, the lack of information on spreads, commissions, and trading platforms makes it difficult to assess the overall cost of trading. We were unable to verify the instruments offered, as the known facts list none, and no official website details were available for review.

No information regarding tradable instruments is available from our sources. Typically, a retail FX broker would offer currency pairs, indices, commodities, and possibly cryptocurrencies, but we cannot confirm this for 365TradingFX. Similarly, the trading platform (e.g., MetaTrader 4/5, cTrader, or a proprietary platform) has not been disclosed.

This lack of transparency is a notable concern. Traders should always verify which instruments and platforms are offered before opening an account, as these directly impact trading strategy and experience.

Details on deposit and withdrawal methods for 365TradingFX are not provided in our records. Common methods among unregulated brokers include bank wire, credit/debit cards, and cryptocurrencies, but we cannot confirm which are supported here. The absence of such information makes it difficult to assess the convenience and cost of moving money in and out of the account.

We advise traders to contact the broker directly to inquire about accepted payment methods, processing times, and any associated fees. However, with an unregulated entity, there is always a risk that withdrawal requests may be delayed or denied.

No customer support channels have been documented for 365TradingFX. Typical options include email, phone, and live chat, but we cannot verify availability or responsiveness. The absence of easily accessible support contact information is another area of concern.

Before trading, we recommend testing the broker's support by sending a query and noting the response time and quality. Reliable customer service is especially crucial when dealing with an unregulated broker, as there is no regulatory body to escalate issues to.

365TradingFX is an unregulated broker based in Australia, offering high-leverage trading accounts with substantial minimum deposits. The lack of regulatory oversight, combined with very limited available information on trading conditions, platforms, and funding, makes it a high-risk choice for most traders.

Our FXCanary Scam Risk Score of 48/100 reflects a guarded assessment. While the broker may be legitimate, the absence of transparency and regulation means traders should proceed with extreme caution and only risk capital they can afford to lose.