Choicetrade
Trade360
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while Trade360 was established in 2013 and is based in Cyprus. Choicetrade holds licences including Unregulated, while Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Choicetrade serves 10,000+ clients worldwide; Trade360 has 10,000+. The minimum deposit is $250 at Choicetrade and $1 at Trade360.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2013 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and Trade360, directly affecting your bottom line as a trader. Trade360 has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Choicetrade). Both brokers charge withdrawal fees. Trade360 charges deposit fees; Choicetrade does not. Overall, Trade360 scores higher on fees in our assessment.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Choicetrade offers MT4, MT5, cTrader, while Trade360 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade360 supports social and copy trading features, which Choicetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and Trade360 compare. Trade360 runs regular live webinars; Choicetrade does not. Trade360 has a video library; Choicetrade does not. Trade360 publishes daily market commentary; Choicetrade does not. Trade360 integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. Trade360 maintains an archive of past webinars for on-demand viewing. Trade360 scores higher overall in education and research.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Trade360 supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Choicetrade and Trade360 offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Choicetrade | Trade360 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |