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TD365 Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- MetaTrader4
- CloudTrade
- TradeCopier
- SCB
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- MetaTrader4
- CloudTrade
- TradeCopier
- SCB
Our Evaluation of TD365
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
TD365 is a broker with higher-than-average risk and the TU Overall Score of 3.36 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TD365 clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
TD365 is a financial company that provides access to trading on the Forex and CFD markets for private traders and investors. It acts as a licensed intermediary between clients and the international currency market, offering online trading platforms and access to market liquidity.
Brief Look at TD365
The TD365 broker allows trading CFDs on stocks, cryptocurrencies, stock indices, oil, and metals. It also provides access to the Forex market. The company has its proprietary CloudTrade platform and offers the classic desktop platform MetaTrader 4. TD365 clients can leverage up to 1:200 in trades, engage in social trading through mobile TradeCopier apps, use expert advisors in MT4, and hedge positions. TD365's operations are regulated by the Securities Commission of the Bahamas (SCB), with license number SIA-F216.
- The broker is regulated.
- Negative balance protection is present.
- Client deposits are held in separate bank accounts at Barclays.
- Accounts are with floating and fixed spreads, with no additional broker commissions.
- Clients can start trading at any amount that is comfortable for them.
- The broker provides access to the TradeCopier social trading platform.
- The broker does not offer mobile and web versions of MetaTrader 4 or MT4 demo accounts.
- There is very little information for beginner traders on the TD365 website.
- The range of trading assets, including currencies, is not as diverse as that of its competitors.
TU Expert Advice
Financial expert and analyst at Traders Union
TD365 is a versatile broker suitable for active traders and market participants preferring copy and algorithmic trading. However, the range of solutions and products available to the trader depends on the chosen trading platform. If the priority is executing trades using expert advisors (EAs), then opening an MT4 account is necessary, as TD365's proprietary platform, CloudTrade, does not support this feature.
On TD365's proprietary platforms, risk management can be facilitated through guaranteed stop-loss orders such as GS orders. A trader can set a lower price threshold to close their position automatically to limit losses in a market downturn. Negative balance protection helps to avoid losing more funds than initially invested if a leveraged trade incurs losses. Additionally, TD365 clients can protect profits using trailing stops.
The broker provides access to various markets, including Forex. However, the number of currency pairs offered is not particularly competitive, with only 26 available in MT4 and 33 in CloudTrade. Overall, TD365 offers fewer assets through MT4 and encourages clients to trade on its proprietary platform.
TD365 Summary
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. TD365 and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MetaTrader 4, CloudTrade, TradeCopier |
|---|---|
| 📊 Accounts: | TD365 Demo, TD365 Live, МТ4 TD365 Live |
| 💰 Account currency: | EUR, USD, GBP, AUD, ZAR, NOK, DKK, SEK |
| 💵 Replenishment / Withdrawal: | Credit/debit cards, E-wallets, local bank transfers, cryptocurrency transfers |
| 🚀 Minimum deposit: | 1 unit of the account base currency |
| ⚖️ Leverage: | Up to 1:200 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0.3 pips (on EUR/USD) |
| 🔧 Instruments: |
Forex, CFDs on stocks, stock indices, cryptocurrencies, commodities (metals, energies) |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market and instant |
| ⭐ Trading features: | Fixed and floating spreads depending on the platform, no trading commission for all asset classes |
| 🎁 Contests and bonuses: | No |
Broker TD365 offers a unified currency account that allows clients to conduct transactions in the account's base currency without converting it into the trading instrument's currency or paying an additional exchange commission. Traders can open a demo account with a virtual deposit of €10,000 and use it without a time limit. The broker allows simultaneously opening short and long positions on the same instrument, enabling hedging strategies.
TD365 Key Parameters Evaluation
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Trading Account Opening
Any broker account registration begins with filling out a registration form. Click “Open Account” on the official TD365 website to access the form. Then follow these steps:
Provide personal information in the form as stated in your documents.
Answer questions about your trading experience, funding sources, level of trading knowledge, and professional training. Then, select the account type and currency. It is important to carefully read the documents before confirming the account opening.
After logging into your account, the following actions become available:
Your TD365 user account also allows you to:
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Verify your identity by uploading documents.
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Change previously entered personal data, account passwords, and user account passwords.
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Generate statistics on transactions and account balance.
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View the history of financial transactions.
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Submit a withdrawal request.
Regulation and safety
TD365 is a trademark of Trade Nation Ltd, registered in the Bahamas under number 203493 B. It is regulated by the Securities Commission of the Bahamas (SCB). Its activity is controlled by the Securities Commission of the Bahamas (SCB). The SIA-F216 license enables TD365 to conduct securities transactions as principal or agent, execute clients' transactions on their behalf, advise on financial markets, and provide asset management services.
Trade Nation Financial UK Ltd, which is regulated by the FCA (UK), acts as the financial services provider that processes payments for TD365. The Trade Nation group of companies is also licensed by ASIC (Australia), FSA (Seychelles), and FSCA (South Africa).
Advantages
- Retail traders' accounts are protected from negative balance
- Client money is held in segregated accounts with the UK's Barclays Bank
- Clients can file a complaint with TD365's compliance department or directly with the regulator of TD365
Disadvantages
- TD365 does not participate in compensation funds that protect traders' interests
- Broker's services are not available in all countries
- The client cannot enable two-factor authentication to protect the account
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Payment agent's commission | ||
| Payment agent's commission |
Swap commission can be negative, increasing trading expenses, or positive, bringing additional profit. Swap is calculated when a position is carried over to the next day.
The table below demonstrates how competitive TD365's commissions are compared to brokers’ fees from two of the top 10 Traders Union rankings.
| Broker | Average commission | Level |
|---|---|---|
|
$3 | |
|
$1 | |
|
$8.5 |
Account types
The first step in trading with TD365 is to open an account with them. There are two options available depending on the trader's preferred platform. After uploading documents and confirming personal information in the user account, additional accounts can be opened in different currencies.
Account types:
A trader can only open a demo account on the CloudTrade platform. This is a virtual equivalent of a real account where trading is conducted with virtual funds.
TD365 is a regulated intermediary that provides access to trading on the international currency Forex market using technological electronic platforms and provides informational support and other services for private traders and investors.
Deposit and Withdrawal
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Available withdrawal methods depend on the trader's country of residence. Bank transfers and cryptocurrency transactions may not be available in all countries.
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The company processes withdrawal requests within one day, but deposits can take up to 3-10 days, as banks and payment systems carry out transactions at different speeds.
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Funds are returned to the original funding source only. The company refunds the amount initially deposited using cards and electronic systems. Any excess funds that are traded are transferred to the client's bank account.
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TD365 does not charge a fee for withdrawing funds to the trader or compensate the trader for bank or other third-party fees.
Investment Options
Passive income for TD365 clients is possible through copy trading on the TradeCopier platform. It can be downloaded for free on smartphones from the Apple or Google Play app stores. To start copy trading, one must have an MT4 account. If not, an MT4 account can be added to CloudTrade.
TradeCopier is a platform for copying trades of experienced traders on MT4 accounts.
Participants in copy trading include investors, those who copy others' trades, and master traders, those who execute trades. Investors can connect to multiple masters to diversify their portfolios and reduce overall risks. To select a trader for copying, there's a special rating with convenient filters to sort masters based on important criteria for the investor, such as overall profitability, the ratio of profitable versus losing trades, markets traded, etc.
Customizations available to the investor on the TradeCopier platform:
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Setting trade size. Investors can choose the ratios in which trades will be copied relative to the master's account, either 1:1, which is a full replication of the master's trading volumes, or proportionally to capital, which is when the system calculates the copying percentage based on the investor's and master's account sizes.
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Defining drawdown limit. Traders manually set this criterion based on their risk tolerance. Two drawdown levels are available: Soft Stop Level and Hard Stop Level.
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Stopping or adjusting copying. Investors can turn off copying of a selected master's trades at any time or adjust drawdown limits and trade size.
As payment for the master trader's services, the investor gives them a portion of their profits. If a trade doesn't generate profit, the author of the trade doesn't receive compensation.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
TD365's affiliate program:
TD365's affiliate program invites agents to promote its services and expand its client base. Partners earn rewards for the trading activity of referred traders. Details on reward conditions are available upon request through the TD365 website.
Customer support
The TD365 client support team is available 24/5, from 22:00 on Sunday until 22:00 on Friday. The London office conducts technical service online and over the phone, hence the specified time (GMT).
Advantages
- The company has offices not only in the Bahamas but also in the United Kingdom
- TD365 offers various communication methods.
Disadvantages
- There is no 24/7 support
- The broker does not assist social media or messaging apps
Communication methods offered by TD365 include:
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Phone
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Email
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Online chat on the website and in the user account.
Bahamas’ local phone numbers and contacts for international calls are listed on the TD365 website.
Contacts
| Registration address | Trade Nation Ltd, Bayview House, 1st Floor, 308 East Bay Street, PO Box CB-12407, Nassau, New Providence, Bahamas |
|---|---|
| Regulation | SCB |
| Official site | https://td365.com/ |
| Contacts |
+44 203 180 5566, +18449073258
|
Education
TD365 offers two training courses by Al Brooks, a technical analyst and trader with over 30 years of experience. The Beginners Course consists of 27 articles and lasts for 390 minutes, and all new TD365 clients with accounts on the CloudTrade platform receive free access to it. The Advanced Course is a 29-lesson course lasting 1200 minutes. The condition for access to it is to fund the account with a minimum of $250.
A demo account is also a learning tool. It can be used to acquire basic trading skills, develop a personal strategy, and conduct technical analysis under real market conditions.
Comparison of TD365 with other Brokers
| TD365 | RoboForex | Pocket Option | Exness | FBS | FxGlory | |
| Trading platform |
TradeCopier, CloudTrade, MetaTrader4 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MT4, MobileTrading, MT5 |
| Min deposit | $1 | $10 | $5 | $10 | $1 | $1 |
| Leverage |
From 1:1 to 1:200 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | 8.00% |
| Spread | From 0.3 points | From 0 points | From 1.2 point | From 1 point | From 0.2 points | From 2 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 40% / 20% | 20% / 10% |
| Execution of orders | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution, Market Execution |
| No deposit bonus | No | No | No | No | $5 | No |
| Cent accounts | No | Yes | No | No | Yes | No |
Detailed review of TD365
TD365 is a client-oriented company with wide market coverage, expert trading education, and 24-hour support. Its clients can trade from many devices thanks to various proprietary and classic Forex platform versions. TD365 is a regulated broker, ensuring clients a high level of reliability and access to fair service.
TD365 by the numbers:
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The minimum deposit is 1 unit of the base currency.
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The maximum leverage is 1:200.
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There are over 90 trading instruments.
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The account registration takes 5-10 minutes.
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Trade volume is from 0.01 lots.
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There are 8 base account currencies.
TD365 is a broker offering a proprietary trading platform and the standard MT4 solution.
Trading conditions through TD365 vary depending on the platform on which the trader opened the account. CloudTrade is designed for trading with 33 currency pairs, 23 indices, 11 commodities, and 11 cryptocurrencies with fixed spreads. Additionally, on this platform, traders can trade CFDs on U.S., United Kingdom, and European Union stocks. The MetaTrader 4 platform allows positions to be opened for 26 currency pairs, 12 indices, and 4 commodities. It does not support CFD trading on cryptocurrencies and stocks and spreads for all available assets are floating.
CloudTrade is available as a web interface and mobile application, while MT4 is only available as a desktop platform that needs to be installed on the device. MetaTrader 4 users can use expert advisors for algorithmic trading. CloudTrade does not support auto-strategies.
TD365’s analytical services:
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There is a full list of changes in market trading charts due to the transition to daylight saving time in the U.S., United Kingdom, and Australia.
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There is a table with information on market operations worldwide on public holidays in various countries.
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There are dividend forecasts for Australia, Hong Kong, the U.S., the European Union, the United Kingdom, and Japan stock indices.
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Broker provides a chart with futures contract expiration dates.
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Broker provides a series of videos on the work and configuration of the CloudTrade trading platform.
Advantages:
TD365 offers spread trading with no commission for currency conversions or trading instrument currencies.
The CloudTrade platform is compatible with various browsers such as Chrome, Safari, Firefox, Internet Explorer 10, and Google Chrome for Mac.
The company monitors markets and provides up-to-date information to its clients.
The desktop iteration of MetaTrader 4 allows for in-depth technical analysis of currency and CFD markets.
Clients have access to real-time support from professionals.
TD365 allows traders to use trading credit(leverage), allowing them to increase potential profits and risks.
User Satisfaction