TD365 Australia Review
Is TD365 a forex broker?
TD365 spreads are the lowest in the world and of course this will come with ome trade-offs like they do not offer a lot of comfort features but its okay for the low spread
The leverage is too low but their pricing is excellent. They are a trustworthy broker
Very good broker with low spreads. I have to give them their flowers cos they are the best
This brokers fixed spreads are quite low and their platforms are great but the 1:200 leverage offered by their international entity is too low and barely scratches the surface.
Good broker if you want to keep your trade open for days to weeks but not for day traders. Incidents of slippage have been my experience lately especially when price gaps past my Take Profit but my trade is still closed at the Take Profit price I had set instead of at the better price where price gapped to.
The CloudTrade Platform is awesome !!! Fixed Spreads, Low Currency Conversion Fees, etc. this broker is unreal
Trading with TD365 for a year now and they are an excellent broker with great customer support but I suspect they are taking the opposite side of your trade so you must not trade carelessly. Be sure you have a good strategy that is proven and execute it to the letter if not you may always be losing with them
TD365 is an FCA regulated forex broker with no minimum deposits, fixed spread & low trading cost
| 👨 Broker | Trade Nation Financial UK LTD |
| 👨 Trading Name | TD365 |
| 👨 Accepts Australian Traders? | Yes |
| 📅 Year Founded | 2014 |
| ⚖ Regulators | FCA UK |
| ⚖ Firm Reference No. | 525164 |
| ⚖ Investor Protection | FSCS |
| 💰 Minimum Deposit | $0 |
| 💰 Minimum Withdrawal | $0 |
| 📈 Ways to Trade | CFD, Spread Bet |
| 📈 CFD Instruments | Forex, Stocks, Indices, Commodities, Bonds |
| 🚀Leverage | 1:30 |
| 🔎Auditors | |
| 💻 Platforms | Cloud Trade, MT4 |
| 📋Account Types | MT4 Account (variable spread), TD365 Account (fixed spread) |
| 💱Account Currency | GBP,EUR,USD, AUD, NOK, SEK, DKK & ZAR |
| 📞Live Support | 24/7 |
| 🏖️ Inactivity Fee | $0 |
| 😭CFD Traders Who Lose Money | 73.4% |
| ✅Reason To Trade | |
| ❌Reason To Avoid |
Regulation - 10/10
Who Owns TD365?
TD365 is owned by Trade Nation Financial UK LTD. who are also operate brokerages in other parts of the world like South Africa & Australia.
Is TD365 Legit?
Yes, TD365 is only a trading name; the real broker behind the name is Trade Nation and they are regulated by the Financial Conduct Authority UK with Firm Reference Number 525164.
Trade Nation is also a member of the Financial Services Compensation Scheme (FSCS), so TD365 clients get investor protection up to £85,000.
TD365 Funding & Withdrawal - 8/10
TD365 Minimum Deposit
TD365 minimum deposit is 0 USD so you can deposit any amount you can afford to.
How To Deposit into TD365
TD365 accepts deposits via bank transfer, credit/debit cards.
To make the deposit simply login to the TD365 website to access your personal area, click on deposit, choose the preferred deposit method, enter the amount, enter the reference and submit.
When depositing, TD365 requires you use your username & trading account number as the reference of the transfer.
If you fail to use your name & account no. as the reference of your transfer, TD365 will return the money to you after 10 days.
TD365 Minimum Withdrawal
TD365 does not have any minimum withdrawal limit so you can withdraw any amount you wish to.
TD365 Withdrawal Time
TD365 withdrawals via bank transfer are instant while withdrawal via cards can take up to 2 days.
TD365 Account Types - 6/10
1. MT4 Account
Open this account if you want to trade only on the MT4 platform.
2. TD365 Account
Open this account if you want to trade only on the TD365 Cloud Trade platform.
3. TD365 Demo Account
TD365 demo account is for practicing how to trade using fake cash, and the demo is only available if you open a TD365 account type (and not MT4 account type).
Account Management - 7.5/10
1. TD365 Account Currency
The MT4 Account comes in GBP, EUR, USD, NOK, SEK, DKK & AUD account currencies; while the Trade365 Account comes in GBP,EUR,USD, AUD, NOK, SEK, DKK & ZAR currencies.
2. Single Currency Trading
TD365 Single Currency Trading means that when you trade any currency pair and make a profit/loss, there is no need to pay FX conversion fees for the profit/loss to be converted to your account currency.
Single Currency Trading is a feature that helps you save on FX conversion fees and is only available on the CloudTrade Platform and not on MT4.
Range of Markets - 6/10
1. Forex CFD & Spread Betting
TD365 provides 40+ major, minor & exotic forex pairs you can trade using CFDs or Spread Betting.
2. Indices CFD & Spread Betting
Trade365 offers around 30+ Indices. You get Asia Indices such as Australia 20 cash & futures, European Indices such as GER40 cash & futures, U.S. Indices such as NAS100 cash & futures, Exotic Indices such as South Africa 40 cash & futures etc.
3. Energy CFD & Spread Betting
for Energies you get to trade Brent Crude, US Light Crude & Natural Gas.
4. Metal CFD & Spread Betting
For Metals you get to trade Gold, Aluminum, Copper, Silver, Lead; as rolling spot/differentials.
5. Bond CFD & Spread Betting
U.S. Bonds, UK Gilts, German Bonds are all available for trading.
6. Agricultural Commodity CFD & Spread Betting
Cocoa, Coffee, Corn, Cotton, Orange Juice, Soybean, Sugar & Wheat are all available for trading.
7. Share CFD & Spread Betting
The only UK shares you can trade are those ones that make up the UK 100 Index. However, all Australian, European & U.S. shares are available for trading.
TD365 Fees - 10/10
1. TD365 Spread
TD365 offers fixed spread from 0.3 pips on the Cloud Trade platform only. TD365 spreads are lower than the industry averages. TD365 does not charge commissions and so relies solely on the spread for most of its revenue.
Although TD365 offers fixed spreads, they change at different times. For example EUR/USD spread is fixed at 0.3 pips during the day fixed at 0.6 pips at night.
GER40 is fixed at 0.9 pips in the morning & 2 pips in the afternoon, NAS100 is fixed at 0.9 pips in the afternoon and 1.5 pips in the evening etc.
2. Overnight Fees
Trade365 applies overnight swap fees on any leveraged trades left open till the next day.
3. Inactivity Fees
TD365 does not charge any inactivity fees on dormant accounts but you may lose any bonuses if your account has been inactive for 90 days or dormant for 180 days. TD365 defines inactivity as no transaction being placed on account even if deposits go into the account.
TD365 Platforms - 6/10
1. MT4
TD 365 offers MT4 as a trading platform but fixed spread is not offered on MT4 platforms.
The TD365 MT4 has no demo account, has no mobile/web version and only allows you trade fewer instruments than you would on its CloudTrade platform.
TD365 does not have MT5 but its CloudTrade platform has many of the MT5 features.
2. TD365 CloudTrade Platform
The CloudTrade is TD365 premium trading platform and comes with Fixed Spread, Guaranteed Stops, Free Demo Account and Single Currency Trading.
However, the CloudTrade platform does not support Expert Advisor trading so you have to use MT4 for that.
To launch the CludTrade platform on web, login to your personal area, go to account summary and click on "Launch".
Trading Tools - 6/10
1. Guaranteed Stop Loss
Only available on the CloudTrade platform, Guaranteed Stops ensure that your stop loss is executed at the exact price you specified no matter how volatile the markets get.
2. Day Light Savings Tool
This tool tells you when Day Light Savings is going to affect the opening and closing times of different forex sessions.
3. Market Holiday Tool
Shows you when different stock markets, commodity markets etc. around the world are closed for holidays.
4. Dividend Projection Tool
Shows you dates when different companies will pay dividend on their stock and the corresponding drop in value of the stock that is expected to follow.
5. Market Expiries for Futures Contracts
Shows you when different Futures Contracts are expected to expire; & this is important because their expiry can cause volatility in the corresponding market.
Customer Support - 6/10
1. Live Chat
TD365 live chat is only available on 24/5 weekdays and they do not have a bot to respond during weekends.
2. Telephone Support
You can reach them on telephone on weekdays but the phone lines are not toll-free.
3. Email Support
TD365 has a dedicated email for complaint resolution and they respond on the same day.
Final Verdict - 7.5/10
TD365 is one of the best forex brokers in the UK for frequent traders because of their low spread which is also fixed.
To get the best out of TD365 you should open the CloudTrade Account type and not the MT4 so you can access the fixed spreads, demo account and single currency trading feature.