70Trades Review

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70Trades Review

🔴 70Trades services are questionable – a warning sign! 

🔴 70Trades isn’t licensed – a red flag!

🔴 70Trades isn’t transparent – a red flag!

🔴 70Trades creates unrealistic expectations – a red flag!

What is 70Trades?

70Trades is an unregulated broker platform similar to CM Trade, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online brokerage services without a license cannot provide their clients with any sort of protection.

70Trades

70Trades Regulation

They are unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from them!

As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.

To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.

On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.

70Trades Complaints

Depending on the amount of experience people have with brokers, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of our clients were not aware their platform was problematic before they had already signed up. If they show any of these signs, either avoid them entirely or look very carefully before proceeding:

🔴 Not regulated

🔴 High fees and commissions

🔴 Not enough information on the website

🔴 Poor communication and refusal to answer questions

🔴 Pushy manner

🔴 Keeps mentioning rules and fees that were not outlined in the contract

🔴 Does not let you withdraw money from your account

70Trades Products and Services

They are not safe, and we say so because it’s an unregulated broker. They always promise things they won’t deliver, and 70Trades makes no exception – they claim that customers can become rich quick, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that 70Trades is a suspected scam you should avoid! Beware!

70Trades Customer Support

70Trades allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.

You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.

Are Funds Safe With 70Trades?

With such lack of information and being unregulated, funds are not safe. Security of funds is a huge problem with brokers. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.

70Trades does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.

70Trades Withdrawals

The point at which many of our clients realize they are dealing with a scam broker is when they request to withdraw funds and the broker either won’t allow them or will make it difficult. They may employ the following tactics:

🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s funds

🔴 Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing

🔴 Cease communication. They may be evasive or simply not communicate at all.

If 70Trades is doing any of these things to avoid releasing your funds, do not hesitate to leave a comment to warn others.

70Trades Review: our Conclusion!

70Trades is an unregulated platform to avoid. Their methods for investment are unreliable.

 

If you have been scammed, feel free to leave a comment or if you wish to arrange a free consultation with our professionals, do not hesitate to submit your complaint by clicking the button bellow.

ℹ️ 70Trades Details
  • 🖥️ Website URL : 70Trades.com
  • ⚖️ Regulation : Offshore Broker
  • 🧭 Headquarters : N/A
  • 💳 Minimum Deposit : N/A
  • 💰 Leverage : N/A
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95 thoughts on “70Trades Review”

  1. I just got a call from this 70Trades online trading Co. to invest for US Dollar 200. Luckily I saw this review and stopped transferring the amount.
    Please let me know any other best online traders. Is it safe to invest in Amazone Shares?
    Best regards
    Shaji

      1. Please stop with 200 only coz me start with 200 and loss 14000 usd they are very claver Miss guide you to play opposite direction and when you have critical position they ask you to deposit again and again that continue untill you finished fully.

        1. You are right sir, Actually I was trading individually but when they noticed my success and more than 15 thousands dollars, the person approach as many times asking me to add more fund, and finally misguided me and I lost 17,000 USD…they are big cheater do not follow this 70traders

    1. I am also interested to invest money online trading but suddenly I think to check about 70trades on google search because google is the trusted search engine and then i saw these reviews I shocked and canceled my plan to invest with 70trades because here almost all comments are negative even no comment positive.
      All customers compliance that we invested $200 ,$1000 and $1400 dollars and we can receive it back even our own mony
      That’s why please safe and be careful
      Note:
      Any body have trusts about this please inform with a short comment
      I will be thankful for the act of kindness
      Thanks

  2. I have been contacted so many times by these people and I was abt to invest this month but please can u let me know the real truth abt this company cos if u ask questions they tell u to fast invest then they will explain 🤔🤔pls recommand me the right company

  3. I had advest my money 200 us dollar to trades and called by broker…then I ask them refund the money suddenly can’t get any more than…I m lost my money..faud

  4. I have invested around 20,000 USD and made a profit of 7000 USD. When I try to withdraw 10,000 USD from my account, they have not yet paid to my withdrawal account. Its been more than 3 weeks. Kindly suggest how to get my money back from 70trades.com
    With worries, Kalaimani

  5. I have invested around 15,000 USD and made a profit of 70,000 USD. When I try to withdraw 05,000 USD from my account, they have not yet paid to my withdrawal account. Its been more than 3 weeks. Kindly suggest how to get my money back from 70trades.com
    With worries, shanavas

      1. They will never pay big frauds do not trust this 70trade, when you try to withdrawal they will come up with many problems like papers are not approved etc
        Be aware of this fraud 70traders

  6. Hi , I invest 200 US $ in 70 trades. as per his agent conversation they gave me 400 $ but unfortunately i did not do any activity in trading and this trader deduct 300 $ and give me nonsense reason. thank god i didn’t spend more.
    Biggest fraud.

  7. Hi
    I lost almost $12000 with 70 trades. Don’t invest in this. They spend a lot to advertise. But the so called account manager hardly know anything about what s going on. Only force you to invest more . Stay away from this broker.
    Paul

    1. Im supposed to invest and sent the 200$ today .luckily i read all the comments in here that they are not a legit site . Thank you for all the comment in here im not going to continue to send the money to them . They are keeping on calling me today i have to block their number . Where we can find the legit site to invest and not to be scammmmm.

    1. Thanks for you comment here , I’m about to invest here as well 250$ , but lucky i read all your comments experience..

    1. Yes i also got cheated by bforex of 200 USD and now 70 trades was promoting to me as a genuine investment company. Now I will also not invest thanks to all your comments.

  8. hi guys..!
    I lost almost $1200 US dollors with 70 trades. Don’t invest in this. They spend a lot to advertise. But the so called account manager hardly know anything about what s going on. Only force you to invest more . Stay away from this broker.thay play with innocent people
    requste again keep away from this fuking trade

  9. Thank you guys, they have called me today and asked me to click on the link which will direct me to create an account. It is good that I have seen your comments.
    Many thanks again.

  10. 70Trades Scam , fraud, cheaters,
    So I received a call from a lady name Zahra Syed, she spoke with me so genuinely, and asked me to deposit 200$ and as a bonus offer 70Trades will deposit 200$
    I like a naive went ahead and deposited 200$ which is 757dirhams
    After deposit she told me one of the account manager will contact you. An account manager with the name of Shivraj contacted me and send me an email with a PDF attached asking me to read how to do forex
    I sincerely believed all of them
    But they are fraud. They blocked my chat on 70trades website chat support
    No one reached out to me. I repeatedly requested withdrawal but I never got my money back
    They are cheaters, please dont believe them
    I wish I would have heard my husband because he always told me that online forex is a scam, but I regret now
    The reason for me to give review because no one else should be cheated as they did to me
    It sounded so so so much real and genuine
    Please I request dont waste your money behind them, how much ever they convince you
    Even if they say this review is fake and competitors is doing this to close 70trades dont believe
    I am a normal layman who they have cheated
    If ever you want to have more feedback before doing transaction reach out to me via this post, I will personally get in touch with you

    1. Same situation was with me Iam also deposited 200$ and they promised to me will get 200$ bonus from their company the same name zahra syed and now my account manager asking to deposit worth 10,000$ for big jackpot plz advice me dear members what to do

      1. Please don’t do.. they are 100% fraud, keep on target to get more money and advise in such a way you loose everything, similar way I have lost around 45k USD!

      2. Please don’t ever pay them, I am the one who invested in.same manner your money will never come back all scammer they only force you to add fund, but you can never withdrawal them all they are cheaters

    2. Thanks dear. Just today I was contacted by one of 70trades and told me exactly what you’ve said. I believed them and I was so excited to kick off the business with them tomorrow. Thanks alot for the review. I can imagine how this people are using people’s innocence to benefit themselves. I wish to get intouch with you dear. I am in UAE as well.

    3. Hi dear. I just got a call today after seeing the ad to invest in amazon. They were very genuine. I am searching for people if they got scammed from them. Accordingly I found this site where people are complaining about 70trades. Any suggestion ?

    4. I also became victim with the same guy Shivraj with 200 dollar investment, is there any way to get the money back from them ?
      Everyone explain about to become victim but no one comments abou how to get the money back from them

      If anyone know than please share the process to get money back from them.

    5. Same lady call me yesterday and transfered money ($200) from my credit card. unfortunately, late to read this review. What to do? better ignore lost 200 or send KYC as they requested and try trading?

  11. my name salam
    i am also invested 200 dollars, I was withdraw 50 dollar and credited my account and after I requested again 50 dollar they rejected so asked reason told please proceed visa card copy, I did not give they rejected my request, I checked online the trustfulness of company(70trades) it is big scammer and this company cheated by so many people, I ask them give me your more proof of company I want confirm your company is genuine? they are not provided till date so please do not invest more…please spread this massage to all your friend and relative so no more cheated….

  12. Thanks for god.i got call from them as well. I ask them send me your company details but the details which she has sent I have doubt. Thanks god I have seen this website

  13. they have fake accounts so dont invest with them
    they are listed among the big scammers in UK and they are not registered to operate

  14. I am going to start today with 70 trades.They told me for 200 dollars deposit!Can I proceed or not?Kindly someone help me.Is this really a business! OR what is this?

  15. they called me today and convincing me to invest $200, is it safe ? i was talking to home while searching this reviews and told him directly that there is not even single positive review so how can i believe you , so he is keep saying it is fake reviews and he can share with me all positive reviews given by traders through websites.

    is it really safe?

  16. Im supposed to send the money today 200$ im so grateful i read all the comments here ,im not going to continue to send money to them ,they are calling now for me to send the 200$ . Im going to block their number, their site is not a legit ,where we can find the legit site and not a scammer. 😬

  17. Why can’t their no’s be sent to the police on those particular countries and request them to investigate as this is total fake and scammed.
    When today I had a long chat and the lady insisted me to buy 200 $ but I asked her I need to check on Google first which she was not willing to, and then I see these reviews.
    Thank God I didn’t fall into this trap. Thank you guys for your review…

    1. Bhai,
      how did you even went ahead upto USD 14000 ??? Did you withdraw any amount ? Or you just invested 14K just the first time itself ?
      Thanks

  18. I will advice all please don’t go with like that platform I loss 14000 with 70trades with account manager aryan ahuja when he speak look like big well wishers

  19. Please help me refund my money. In my account I only have 196.83 USD and I don’t want to continue. I chat them many times already. I told them that I want to withdraw my remaining money but they give me 5 days to process it. 7 days later I chat them account about the issue and send me a message that they will process it and still untill today, nothing happen. Please help me get my money back. I’m effected by the covid-19 crisis, so I urgently need it. Please. Thank you.

  20. Prabhakar Chetty

    anybody know this name and e-mail
    i got a call from this guy. its my fault that i saw a add and i given my details to them then this guy call. thank god i just click this 70trades to see who they are this much comments i saw. now i dont wont to talk to they. thanks every one and very sad for your lost.

    1. guys i almost got into the same boat. Some guy called Chetty called me and convinced me that his working with amazon n i got so much interested at the beginning of Jan.Coz he side there is a promotion and that wen u deposit 200usd its automatically refunded the same amount .i told him i don’t have that amount at the moment n he told me to borrow from friends. I tried to call friends coz i did not want to loss the opportunity but thank God all my friends declined. The guy kept calling till i told him i failed to get the money n told him that i would get it at the end of the month till today wen i got my salary n tried to email n asking for a call back but with God by my side the email backfired n wasn’t sent so i was like let me search abt the Chetty guy on google n i did not get any results abt him the spirit of God led me into doing research abt 70trade coz its wat is shown on his address (prabhakar.c@70trade.com) then i landed to this.
      pls lets always do research b4 getting involved in such deals.

  21. 70 Trades call me a lot in 2019, but i ignore. however from last 2 days once again they contact me and i decide to invest, luckily i open 70 trades website to review comments, and i noticed that a lot of innocent people lost their money.
    i also approach 70 trades representative complaining about their fraud, then he satisfied me that there is 3rd party who is cheating behalf of 70 trades, then there is a question why 70 trades don’t take action about 3rd party.
    finally i absorb that really 70 trades are cheater and they are earning millions dollar which is haram.

  22. I lost 250$ on this 70 Trades, I told them that I will no longer invest unless I’m not seeing any result, but they’re insisting to invest more so I can earn more.
    So Totally they are just only an scammer they will help you and explain you like how you earn but the truth they just play on you….This is how they can get investor.
    Actually I already invest before I saw the reviews.

  23. Almost got scamed.thank God I run into this.
    some guy called Chetty had convinced me to join with 200usd as a beginner.
    his full name is Prabhakar Chetty
    email is prabhakar.c@70trades.com.
    so he will send u an email but wen u try to send a reply it doesn’t get sent n that’s wat prompted me to do a research about him and since i couldn’t information abt him i decided to do one on 70trade since its what his email showed and thank God i landed on all this n luckily saved my 200usd

  24. I agree with all the above-mentioned narratives. These are facts. I had a similar experience, on their telephonic call. I enquired keenly about the rules of the games with trading via their platform, I discovered they don’t know what they are talking about. They told me they offer 40-fold leverage at a rate of 0.020% per day. No bank offers 40-folds leverage. I could spot they are either highly ignorant or cheat. When I asked them to give me the contact details of their satisfied customers, they refused. I did not spend any money with them. But my overall assessment is: they are cheat/scam. Please stay away from them and similar sites. I think they must be brought to justice. Posted on 28 January 2021.

  25. still iam trading when ever i get some profit placing request for withdrawl but they are not processing withdrawl request i get fed up with these people,

    Venkat

  26. I am from Iran, they called me and I put $ 2000
    Please arrest them. If you take my money from them, I will give you a gift
    Please take my money from them
    Their site is closed
    Please take my money from them
    They deceived me with the legal logo of the company registration

  27. I am from Kuwait, these guys are completely corrupt people, complete lies, the 70Traders company is Fraud company, My Account Manager is Mohammed Ali used to call me 10 times in a day requesting to deposit amount.
    I fell for their talk and after depositing USD 2250 and now I want to withdraw my money and submitted all required documents until now nothing done, they don’t even respond to my emails,
    I lost USD 2250 , and I want to you all DONT deal with this Fraud company.

  28. Deal all, i lost 15k usd with 70 trades…all are hard earned money. within 2 weeks i lost all….they only advised me to invest in index, oil and gold….horrible advise and i did not sleep for so many days…

    please do not trust these guys worst people on the planet….they live on public blood …

  29. Unfortunately transfered 200$ before reading this review. no idea about to continue or not. She said to send KYC but i am thinking better to stop before loss more.

  30. Ladies / Gents,

    There’s always a possibility of being cheated when greed becomes more than fear. That’s what 70 trades thrives on and lures people to invest their hard earned money.
    The bells should have started ringing when a site asks you to deposit money before doing a KYC of the customer itself. As per money Laundering act it is mandatory that a forex company verifies its client before accepting any money so that they know that the money deposited is legal or no.
    In 70 trades they are asking you to deposit money before verifying your address proof and Id verification.
    This is enough proof that the company is not legal and does not care about themselves or you as they are not being regulated and can never be traced.

  31. Please don’t trade with them they are scam. They will call you everyday to make deposit of 200usd( a man ) that there a bonus of 200usd( a lady) , a trading traînée will call within 24 to 48 (a man) to train you but instead of training he will ask you to deposit more thank God I didn’t. They didn’t call anymore so requested my money back no response ,no call any more from them , they went further to close my account something that was accessible before . So please don’t be fooled by the 5star you see and the testimonials looking closely they are all hungry indians looking for food to eat. So please I’m pleading if there was a way to publish so that people should no fall into this trap i will. It’s simply our faults cause we wanted money cheaply without effort. So if you want to invest be your OWN BOSS.

  32. i lost 3000 dollars in you company. I invested in 70 trades. First time i lost more than 1500 dollars and today i lost 1500 dollars again on the advice of so called my manger . Please reply.

  33. 70 trades Cheats.
    Names : Sandy K (sandy.k@email.70trades.com), Shivraj Kumar (Shivraj.K@70Trades.com)
    Started with 250$.
    Don’t waste you money.

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