70Trades-Overview of Minimum Deposit, Leverage, Spreads

70Trades Information

70Trades is a broker that is registered in Seychelles, offering trading in Indices, Commodities, Stocks, and Currencies with leverage up to 1:200 via Web Xcite APP.

Pros and Cons

Is 70Trades Legit?

70Trades holds a Suspicious Clone license, making it less safe than regulated brokers. Please be aware of the risk!

What Can I Trade on 70Trades?

70Trades offers a wide range of market instruments, including indices, commodities, stocks, and currencies.

Account Type

70Trades has three live account types: Entry Level, Advanced, and Pro.

Leverage

The maximum leverage is 1:200 for all account types, meaning that profits and losses are magnified 200 times. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

Trading Platform

70Trades provides a proprietarytrading platform available in web and mobile (iOS and Android) to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Deposit and Withdrawal

70Trades accepts Visa, Mastercard, Bank Transfer, Skrill, Neteller, AstroPay, Globepay, and more for deposit and withdrawal. However, processing time and associated fees are unknown.