Is is a genuine broker ? please clarify

Investors & Traders ForumCategory: Broker QuestionsIs is a genuine broker ? please clarify
Sathi Prakash asked 12 months ago

I recently registered with a online trading company named 70trades and started on line trading with them since 3 weeks.  The company is UK based and their web id  is

I want to know the authenticity of the firm whether it is genuine or not.

I request your support to clarify this point before continuing with them.  I signed agreement with them and I submitted my documents to them as per their requirements still want to make sure their reliability for safe side.

5 Answers
Best Answer
Scam Trading Brokers answered 12 months ago

Hi Sathi,

70Trades says they have a license from Vanuatu, which is a tiny island in the Pacific Ocean. We are not sure what the license covers or if it is worth anything!

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Anees Ahmad answered 10 months ago

I have requested withdrawal almost 14 days, ,completed all documents.. no response..
account manager not calling back.. waiting for 2-3 days before i could verify them.. so far look fishy as they are not calling back since i requested for refund

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Anees Ahmad answered 10 months ago

Total scam, cheaters…

70Trades Review

To file fraud against them,

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Kumar answered 1 month ago

70 Trade is chitting broker,starting forces me deposit more but single cent also cannot make it .I lost my money USD 1200.

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Jinoy Antony answered 1 week ago

I also registered recently and what ever they mentioned during registration they didn’t comply.

its scam

be careful before paying

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