360TradeHubLimited

We have seen far too many brokers like 360TradeHubLimited to fall for its schemes and deceptions. This is one dangerous and cheating broker, and the following review reveals exactly why. Look veyond the website when similar entities appear, and try to find the revealing details as we have.

We are expected to believe that the broker is regulated by some of the biggest names in the FX regulatory community. The site claims the broker to be multi regulated, holding licenses from the likes of the FCA, ASIC, and the FSCA. There is no such thing. We went to check the online database of licensed entities of each of these agencies and found no results for one 360TradeHubLimited. The broker is not regulated by either of these. It has unconditionally lied.

With that said, is seem that 360TradeHubLimited sticks to the UK story- in the terms and conditions the broker claims to be registered in the UK. But as we already saw, the firm is in no way affiliated to the FCA, and so if it really is registered as a business in the UK, it is illegally offering services there! And moreover, it will probably be any day now that the authorities intervene.

360TradeHubLimited cannot be anything else but an unregulated and scammer broker. All investments are at a risk.

Investing in unregulated brokers is the digital equivalent of throwing your money away for the wind to disperse it. It’s obvious that no one would do such a thing. Go with brokers that are regulated by trustworthy organizations like the FCA or CySEC. These entities work closely with the law, enforce it when called for, and have strict requirements for those under their gaze. Not to mention that those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).

We registered in minutes, there was a  very easy registration, that led to a mess of a user area. The client portal was an amalgamation of different third party charts and useless tools and widgets. At one point we realized that there was no trading software, after we looked for it for a couple of minutes. The broker presents third party charts as the trading software, which is completely misleading.

The fact that there isn't a trading platform means that there are no applicable trading terms, no matter what the site says. The website might speak of forex pairs, leverages, CFDs, and different spread values, but the truth is that there isn't any trading condition, There are no applicable spreads, no leverages, no trading whatsoever.

360TRADEHUB LOGIN

We can say for sure that there is no trading software, which puts into question the very essence of the broker. Can 360TradeHubLimited actually be called a broker? Or is it a complete lie. We think the latter.

In the user area we only find third party charts that are completely useless with unregulated brokers. They serve a reference purpose with legit brokers, but even these do not uses them that often.

One cannot trade on such charts, and there is very little interacting one can do actually. 360TradeHubLimited has no trading software.

360TRADEHUB MINIMUM DEPOSIT

All deposits will be lost. Trust us, we know a lying broker when we see one.

The only way to invest is through a crypto payment method, which is actually untraceable meaning that the user will most probably never see the money again.

On the site, we see that the minimum deposit requirement is $500.

DON’T PROVIDE YOUR CREDIT CARD CVV CODE

The CVV code is the one thing that separates a buyer from a product. Without it, one cannot complete a purchase, even if him/her has given all other necessary information. By giving this detail to someone else, you are essentially inviting them to use your funds for their own means. And be warned that unregulated brokers most certainly plan to do so.

DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER

Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, oftentimes for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way

360TRADEHUB WITHDRAW TIME AND FEES

Considering that the broker is not regulated, we can say that all withdrawals will be cancelled by the broker. Users won't get their money back.

We have to rely on the website for all withdrawal details. Just take note that the broker is illicit, meaning that the info on the site is not really to be trusted.

And so, according to site, the minimum withdrawal amount is $500, and it takes between 1 and 2 days for a payment to be processed.

There are no further withdrawal details anywhere.

ACCOUNT VERIFICATION

Beware, once more, when giving away an ID and a proof of address. Trustworthy brokers ask for these before traders can deposit to make a check up. Deceitful ones will ask for these details, using the anti-money laundering legislation as pretext, once you start asking too many questions and are getting suspicious of their activities. Understand that they will use these to build a stronger case against you in the event that you request a chargeback.

Yet again we urge readers to stay away from this broker as it will, without a doubt, never return your funds and profits. If you wish to to get smooth and efficient transactions, please visit a FCA/CySEC regulated broker, where all withdrawals are handled with care and respect.

HOW TO RECOVER

The most sound advice we could give you is to immediately file for a chargeback with you credit card company.

If you have given away your credit card details including the CVV code to the “broker” you should cancel it ASAP and check with your bank to see the damage inflicted.

Also, beware of self proclaimed “recovery” agencies or agents. These cheeky scammers promise to fix your problem and restore the lost funds. They offer their services in exchange of a small sum from your end, after which you won’t ever hear from them again.

The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!

BOTTOM LINE

Your money is best spent elsewhere. This broker is a scam and a risk to all. All money will be lost!