360Capitalfm is a contract for difference (CFD) broker officially registered on August 1, 2023. This broker primarily offers its users a plethora of trading markets through its proprietary trading platform, including forex, stocks, commodities, indices, and cryptocurrencies. 360Capitalfm does not provide services to jurisdictions where doing so would be in violation of local laws or regulations, such as the United States, Israel, New Zealand, Japan, and Iran.
Corporate Registration and Regulatory Status:
Public information on the 360Capitalfm official website shows that its registered entity is 360 Capital FM Limited, which is authorized and regulated by the Australian Securities and Investments Commission (ASIC) with a corporate registration number of 090 664 396.
Upon verification, the ASIC official website lists a registered entity named 360 Capital FM Limited, with the registration number 090 664 396 and a license number of 221474. However, in reality, this entity is a company under 360 Capital (www.360capital.com.au) and has no relation to 360Capitalfm, which has been listed on ASIC's investor warning list. Therefore, 360Capitalfm is, in fact, a fraudulent broker website posing as “360 Capital”.
Opening an Account:
To open an account with 360Capitalfm: Visit the homepage of the broker’s official website and click "Register for FREE" or the "Register" button at the top right corner to access the account registration page. Fill in your personal information such as name, email address, phone number, and set a login password then submit. Once submitted, the account will be successfully registered.
Trading Accounts:
360Capitalfm offers six different types of trading accounts: STARTER, STANDARD, SILVER, GOLD, PLATINUM, DIAMOND.
Trading Platforms:
360Capitalfm provides its users with the proprietary Webtrader and MT4 trading platforms.
Deposits and Withdrawals:
360Capitalfm supports deposit and withdrawal methods via credit/debit cards, e-wallets, and bank transfers.
Summary:
Traderknows reminds investors that 360Capitalfm is essentially a cloned scam website that imitates the broker 360Capital. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for their trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
