✔️ Information reviewed and updated in October 2024 by Eduardo López
IS 70Trades RELIABLE? OPINIONS
In this post I will analyze the 70Trades broker. Is it a reliable company? Can we trust our money to a broker with these characteristics? It is dangerous?
In this section I will show you what I think about the 70trades broker at a security level.
ℹ️ BROKER DATA:
We are going to analyze, in the box below, very important characteristics about the 70Trades broker. I help you determine whether or not it is a truly reliable broker.
| Information | About the company |
|---|---|
| (I.e. Company | Securcap Securities Ltd and Wanakena Ltd |
| ❓ Company type | forex, CFDs and commodities |
| 📄 Attend the event | Seychelles |
| 📌 Address | Cyprus and Seychelles |
| 🛡️ Regulapain | FSA |
| 🌐 Website | 70trades.com |
| 🕑 Website age | Your registration date was: April 10, 2016 |
| [email protected] | |
| ???? Live Chat | No |
| 💳 Payment methods | Credit card, cryptocurrencies, Visa, Mastercard, Neteller, Skrill and Qiwi |
📞 LIST OF PHONE NUMBERS:
+525593027428 (Whatsapp) and +525590630164
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans/accounts that 70Trades offers; They are divided into 3 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.
| TYPE OF plans/accounts | MINIMUM INITIAL DEPOSIT |
|---|---|
| Basic level | $200 |
| Advanced Account | $1000 |
| Professional Account | $4000 |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “70trades.com” was registered on April 10, 2016. 🚩
- The website mentions which company it belongs to, but I have not been able to find “Securcap Securities Ltd and Wanakena Ltd”Both companies have a really, really bad reputation on the internet. 🚩
- The company mentions being regulated by a very unsafe regulator, as is the case of Seychelles. 🚩
⭐ 70Trades REVIEW:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The broker has a really large number of complaints on the internet.
2) The company is located in an unsafe place such as Seychelles.
3) The company mentions being regulated by a very unsafe regulator such as Seychelles.
4) The company behind the 70trades website seems to be connected to many other brokers with a very bad reputation.
“We are talking about a broker with a really bad reputation, in addition to being a company located in a very unsafe place. Do you really want to trust such a company with your money?”
💬 WHAT TO THINK OF A COMPANY LIKE 70Trades?:
It is prudent to exercise extreme caution when considering any financial interaction with a company that displays such concerning warning signs. Remember that the company mentions being located in a place like Seychelles.
Furthermore, the fact that it is regulated in Seychelles, a jurisdiction known for its lax and unreliable regulation, further increases the risks for investors. The lack of effective regulatory oversight could leave clients vulnerable to questionable and unethical activities by the broker.
Lastly, the numerous customer complaints on the Internet They are a clear warning about the reputation and reliability of the company. These negative testimonials, especially when related to withdrawal issues or lack of response from customer service, suggest a lack of commitment to customer satisfaction and security.
📣 LATEST UPDATES:
2024: the broker would be linked to other brokers with a very bad reputation such as: zenstox.com, prostoxfx.com, finansero.com, ontega, Fortissius, XLNTrade, 70Trades, Finance, TradoCenter, WARREN BOWIE & SMITH, A3Trading, Capex, ubanker.
2024: the owner of these brokers would be Mr. “Mr. Ricardo Coronel Castro” , also previously involved in the IFOREX broker. The information we received mentions: “RICARDO CORONEL MEXICAN-SPANISH CASTRO, WITH ITS GANG OF CRIMINALS: ISRAELITES, MEXICANS, SPANISH AND COLOMBIANS, MAKING SCAM THROUGH: ONTEGA, XLNTRADE, WARREN BOWIE AND SMITH LATAM AND CAPEX AMONG OTHERS. THE SPANISH AUTHORITY ALREADY FINED THEM FOR DOING THE SAME SCAM. Also the lord Claudio Stryjer"
2024: The real addresses of the offices, according to information we have received: 1) Calle Nuevayork #115 CDMX (Sales, people who are talking to you for the first time) 2) Calle tehuantepec #118 Roma Sur CDMX. Under the names “MarkeTiT” / “Contractech” / “EXTREMELY TECH”. “They have offices in Pachuca.”
✔️ CLAIM MONEY FROM 70Trades:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can start money recovery.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
70Trades is a forex, CFD and commodities broker.
It seems to me that 70Trades is a very unsafe broker, I think there are much safer options.
I think 70Trades is a really very unreliable and unsafe broker.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
70TRADES is not a reliable broker. I deposited 200 USD to start and due to bad advice they liquidated my account. They asked me to deposit another 200USD for the reopening and I managed to raise the balance to 1.400 USD but again due to the advisor's errors, they liquidated my account. They offered me a bonus of 200 USD to reopen it but they never gave it to me and no matter how many times I asked they denied it, losing my investment and profits. They asked me again to deposit another 200USD, but I demanded that they give me the bonus to reopen it, which never happened. I really do not recommend investing in this broker
Hello OCTAVIO, this broker called 70Trades is a SCAM (they are part of a criminal gang organized to scam and led by Ricardo Coronel Castro, they use several brands such as zenstox.com, prostoxfx.com, finansero.com, Ontega, Fortissio, XLNTrade, Financika, TradoCenter, WARREN BOWIE & SMITH, A3Trading and Capex), many investors have denounced 70Trades for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
With everything they say about this company, I'm not going to invest anymore, so I better leave my money in my account. That's what I'm finding out about this company. Thank God I realized it.
Hello Luis Alberto, you did well to review and inform yourself before falling into their networks.
Greetings.
They stole 200 dollars from me and they told me that gas was going to go down and it went up.
Hi Carlos, this broker called 70Trades is a SCAM (they are part of an organized criminal gang to scam and use various brands), many investors have reported 70Trades for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
I STILL DO NOT UNDERSTAND HOW JUSTICE HAS NOT STOPPED THESE SCAMMERS, SOMETHING HAS TO BE DONE.
Hello FERNANDA, this broker called 70Trades is a SCAM (they are part of an organized criminal gang to scam and use various brands), many investors have reported 70Trades for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
They are scammers, they are people who seem to have no training, they are parrots on the phone, they always lie, from start to finish.
Hi Francisco, this broker called 70Trades is a SCAM (they are part of an organized criminal gang to scam and use various brands), many investors have reported 70Trades for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
They are dirty rats who only ask you for more money and don't let you withdraw it.
Hello scammed, this broker called 70Trades is a SCAM (they are part of an organized criminal gang to scam and use various brands), many investors have reported 70Trades for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.