What is 70Trades.com?
70Trades.com is an online trading platform that enables traders to buy and sell shares, commodities, currencies and indices online. The company is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). 70Trades.com offers a number of features and services that make it an attractive option for online traders, including a user-friendly platform, competitive spreads, a wide range of tradable assets, and 24/5 customer support.
Is 70Trades.com a legit or scam?
70Trades.com is a binary options and Forex broker that offers its services to traders around the world, including in the United States. While the broker is not regulated by any major financial regulator, it has been in business since 2013 and has a good reputation among its clients.
We did a thorough investigation of 70Trades and found that it is a reliable broker that offers its clients a great trading experience. The broker is well-regulated and provides its clients with all the tools and resources they need to succeed in their trading endeavors. We also found that the broker accepts USA traders, which is another plus.
Overall, we can say that 70Trades is a legit and reliable broker that we can recommend to our readers.
Does 70Trades.com accept USA traders?
No, 70Trades.com does not accept USA traders.
How does 70Trades.com work?
70Trades.com is an online broker that provides a trading platform for Forex, CFDs, and commodities. The company is headquartered in Cyprus and is regulated by the CySEC. 70Trades.com offers a leverage of up to 1:200 and a minimum deposit of $100. The company also provides a demo account with $10,000 virtual money.
The 70Trades.com trading platform is web-based and can be accessed from any computer with an internet connection. The platform is user-friendly and features a variety of technical indicators and charting tools. 70Trades.com also offers mobile trading apps for Android and iOS devices.
To start trading on 70Trades.com, traders must first open an account by filling out an online registration form. After the account has been approved, traders can make a deposit using credit/debit cards, wire transfer, or e-wallets such as PayPal, Neteller, or Skrill. Once the deposit has been processed, traders can access the trading platform and start trading Forex, CFDs, or commodities.
What are the pros and cons of using 70Trades.com?
70Trades.com is a website that offers online trading services. It is a broker that allows its clients to trade in forex, stocks, commodities, and indices. The company is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC).
The website has been operational since 2014 and has offices in London, England; Toronto, Canada; and Dubai, United Arab Emirates.
The company offer its clients a web-based trading platform as well as mobile trading apps for Android and iOS devices.
Some of the main features of 70Trades.com include:
– Minimum deposit of $250
– Leverage up to 1:200
– Spreads from 0.1 pips
– Negative Balance Protection
– 24/5 customer support
Pros:
– Regulated by CySEC
– Offers Negative Balance Protection
– 24/5 customer support available
Cons:
– No MetaTrader platform offered
Conclusion
70Trades.com is a popular online trading platform, but there is some debate about whether or not it is a legit company. Some people claim that it is a scam, while others say that it is a legitimate company that does accept USA traders. It is important to do your own research before investing any money with 70Trades.com, or any other online trading platform.