70Trades is a Forex brokerage based in the United Kingdom. Traders are provided with a web-based trading platform and a wide range of trading products.
Is 70Trades A Legit Broker?
70Trades is not regulated by the UK’s Financial Conduct Authority. Most probably, the broker has been targeting British residents and as a result, has gotten on FCA‘s warning list in January 2019. Hence, it is not recommended to trade with this broker.
Is It Safe To Invest With 70Trades?
70Trades has its own website that offers “Automated Trading Software”. When a trader invests a minimum sum of $ 100 with it, that initially gets transferred to a smarter scammer which is known as “Retention Agent”. The agent then tries to get more capital out of you. Hence, we do not recommend any investor to go for trading with Profit plus.
How To Recover Your Scammed Money From 70Trades?
If you have invested any sum of money with 70Trades and suspect a scam, feel free to get in touch with us, and we will help you to get all your money back.