Misleading Regulations
360TradeHub presents it is regulated in some of the worlds most reputable financial jurisdictions.
▶ Only registered in the Companies House
Headquartered in the UK, 360TradeHub is incorporated and registered with the Registar of Companies for England and Wales with Company No. 13162544.
However, the Companies House doesnt regulate any forex activities of UK companies, it is the Financial Conduct Authority (FCA) that supervises currency activities in the UK market. When we searched on the FCA registry, we found no registration results.
▶ Not an NFA Member
360TradeHub shows it has been authorized by the National Futures Association (NFA) Regulatory Authorization with Certificate NFA ID 0547125.
However, we found the company is not an NFA Member. That means it is not authorized to offer forex services.
Leverage up to 1:400
360TradeHub tends to make traders believe that it is a decent brokerage. it writes that it provides premium trading products including forex, stocks, commodities, precious metals and services with transparency and innovative technology. Moreover, it offers leverage up to 1:400 on live accounts. But as a UK-based broker, the leverage limit on forex major currencies is up to 1:30 according to the regulation rules. So, it is obvious the company is the biggest scam.
