365Trading Account Features
Who Can Trade at 365Trading?
There are some simple rules to figure out if you can legally trade at 365Trading. Are you age 18 or older? Are you located in the EU? If you answered yes to both of these questions, then you are legally allowed to trade here. 365Trading does not allow traders from the United States, Canada, or Brazil, amongst other countries, to use their services.
More than this, 365Trading is not a site that should be used for gambling purposes or for recreation. Yes, there is a thrill to trading, but if it is not approached seriously, there’s a strong chance that you will lose money. In order to avoid this, we suggest that you only use 365Trading once you feel completely comfortable with the site and have looked at the risk that is involved with trading and have done everything that you can to overcome this.
How Do I Get Started?
To start, you need to create an account with 365Trading. You can create both a real money account and a demo account. We recommend the 365Trading demo account as your starting point so that you can experience the broker and all that it has to offer in real time with the markets, all without ever risking any real cash. After this, and after you are confident that this is the right place for you, then you can open up a real money account.
To trade with real money, you will need to fund your account once it’s been created. You can do so with a Visa, MasterCard, or American Express, a wire transfer, or with several different e-wallets, like SoFort, iDeal, giropay, or Neteller. The minimum amount to fund an account is 100 euros.
Unlike some other brokers, 365Trading requires you to verify your identity within 10 days of funding your account. After 15 days, if your account is still not verified, they will return your cash to the source that it came from. In order to avoid this from happening, you need to provide their customer service department with a copy of your government issued identification card (either a passport or a driver’s license), something that provides proof of your address (like a utility bill, where your name and address are clearly provided), and a copy of a bank statement, if you are conducting a wire transfer. This is the standard verification process in the world of binary options, but because 365Trading takes anti-money laundering laws and other such fraud prevention measures seriously, they implement this process right after the funding process, and not right before the withdrawal process begins.