Trading is one of the best ways to spend your time either for leisure or making money. Whatever the case, you need the best trading platform. If you are looking for pleasant customer experience, then 70trades is your to-go-to trading platform.
Here is all you need to know about this broker.
What is 70Trades?
70Trades is one of the leading CFD trading platforms. It comes with an intuitive and easy-to-use design that makes it the ideal platform for both beginners and expert traders. The platform is also popular due to its wide variety of financial instruments and various helping tools for all the traders.
70Trades provides for fixed spreads starting at 3 pips and the highest possible leverage of 1:200.
The platform is all about ensuring the ultimate trading experience. It provides an interactive site with training and reliable customer support.
The first reason why 70Trades should be your trading platform of choice is the protected trading on your first five trades. The number can increase depending on your deposit amount. What this means is that you are assured of not losing your money for the protected trades. When you win you take the profits, but when you lose the platform compensates you.
Low minimum deposit
If the lack of money is the reason for you not trading, then it won’t hold with 70trades. The platform provides for a minimum deposit of $200 to start trading. This is low compared to the other CFD brokers.
One thing that stands out in all the 70Trades reviews is the training. The platform provides a personal advisor for the needed support when starting to trade. It also has detailed video courses and other educational material.
One of the places where 70Trades fall short is the lack of a MetaTrader platform. Instead, it relies on the platforms PROfit trading platform. Mastering the new trading platform can be challenging for most beginners.
Withdrawing money from 70Trades
70Trades provides a straightforward withdrawal process. It allows the traders to withdraw money at any time. However, due to the anti-money laundering requirements, you have to provide proof of identity. The transaction can take anywhere between 2 and 6 days to complete depending on the payment method.
It supports various withdrawal methods like bank transfer, credit cards, Webmoney and Neteller.
Is trading in 70Trades legal?
Yes, trading in 70Trades is legal. As a reputable online trading platform, 70trades is highly regulated. It conforms to all the anti-money laundering regulations and the exchanges and security commission provisions of the country in which it operates.
Does 70Trades offer a demo account?
No, 70Trades does not offer a demo account to learn about the platform and trading types before using your money. However, this should not be a drawback. It compensates for the lack of a demo account with the protected trades.
70Trades is an incredible and easy to use trading platform for both beginners and experts. It provides a wide range of trading assets and better leverages for chances of high winnings. It is an ideal trading platform to enjoy your gaming experience.