Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
70Trades Pros & Cons
- Valid license from an international regulator.
- Negative balance protection for all clients.
- Protected drawdown trading option for new clients.
- Market data for quality market analysis.
- Free trading signals on the platform.
- No additional commissions for transactions or deposit and withdrawal fees.
- High spreads on currency pairs.
- No demo or cent accounts.
- Minimum deposit of $200 or more.
70Trades has acted as an intermediary for over 13 years to enter the Forex market. This STP broker offers trading not only in currency pairs but also in various CFDs on metals, stocks, indices, commodities, and cryptocurrencies. 70Trades provides services under the license of the Financial Services Authority (Seychelles) regulator. Its clients have access to educational courses of various levels of complexity, adapted for both novice and experienced traders. Standard accounts, a functional trading platform for active trading, and trades based on ready-made signals are also available.
TU Expert Verdict
70Trades carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
70Trades User Reviews
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Is 70Trades Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /1070Trades has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
70Trades Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 70Trades Security Factors Foundation date - Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.6 /1070Trades offers the following account options: Standard.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Standard account with balanced trading conditions
- No ECN/Raw spread account
- No VIP account option
70Trades account types vs top competitors 70Trades Trading.com Plus500 Standard YesYesYesECN/Raw spread NoNoNoDemo NoYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNo70Trades accounts trading conditions
70Trades offers Standard accounts for different trading goals and stratagems. They differ in requirements for the initial deposit and additional options such as access to analytics, education, trading signals, etc. All accounts provide leverage up to 1:200, personal manager assistance, and free training. The range of trading instruments and spread sizes does not differ.
Account types:
Account Type Description Entry Account for novice traders in need of further training. Traders gain access to beginner textbooks and e-books, 1-on-1 trading sessions, and an introductory lesson with an expert. The initial deposit size ranges from $200 to $1,000. Advanced Accounts for experienced traders. They receive daily analytics, all necessary tools for quality market analysis, and access to an advanced trading course. The Advanced account needs to be funded with an amount ranging from $1,000 to $4,000. Pro Accounts designed for professional traders. Their owners are provided with advanced trading tools, access to advanced technical analysis, and daily market research. The minimum deposit amount is $4,000. The Xcite platform does not offer a demo account, which allows trading on virtual funds. Trades can only be made after real money is deposited. 70Trades is a broker for trading currencies and CFDs under STP conditions. They do not support ECN technology, so clients do not pay additional commissions for executing trades of any volume.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.5 /1070Trades received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
70Trades provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Bank card deposits and withdrawals
- No withdrawal fee
- Bank wire transfers available
- Wise not supported
- USDT payments not accepted
- PayPal not supported
What are 70Trades deposit and withdrawal options?
70Trades provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller.
70Trades Deposit and Withdrawal Methods vs Competitors 70Trades Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are 70Trades base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. 70Trades supports the following base account currencies: USD.
What are 70Trades's minimum deposit and withdrawal amounts?
The minimum deposit on 70Trades is $200, while the minimum withdrawal amount is 0-50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact 70Trades’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /1070Trades offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 42 Forex pairs.
- Crypto trading
- Indices trading
- 42 supported currency pairs
- No ETFs
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by 70Trades with its competitors, making it easier for you to find the perfect fit.
70Trades Trading.com Plus500 Currency pairs 42 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products 70Trades offers for beginner traders and investors who prefer not to engage in active trading.
70Trades Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at 70Trades by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with 70Trades in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at 70Trades is $200. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fully online account opening process
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
70Trades account opening 70Trades Trading.com Plus500 Online Registration YesYesYesMinimum deposit $200 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 7 20 KYC time (days) 1 2 3 Is 70Trades available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
The user account on the 70Trades website is a client portal, so registration with the broker is required to create it. TU experts have compiled the below guide for you:
Go to the official 70Trades website and click on "Create An Account." Since the broker does not offer demo accounts, you will see a form for opening a real trading account on the screen.
In the form, provide your name, email address, phone number, and country of residence. Enter the confirmation code that will be sent to your email. Then, generate a password to access your user account. To register quickly, you can use your Google or Facebook account.
- Deposit is a button that initiates the process of funding your trading account..
- Trade is a button to access the trading platform..
Your 70Trades’ user account also allows you to:
- Withdraw funds and verify documents.
- Review trade histories, including the information on all closed trades and pending orders.
- Review transaction histories, which include all deposits and withdrawals.
- View newsfeeds, the economic calendar, and contact support via Live Chat.
- Access trading signals and price alert settings.
- Access the Academy which has educational guides on using the trading web platform.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria3.5 /1070Trades received a score of 3.5/10, indicating a limited selection of trading platforms and tools. This reflects the absence of advanced platform options or a lack of additional features that could enhance the overall trading experience.
- One-click trading
- Multiple funding options
- No access to MetaTrader
- No TradingView integration
Supported trading platforms
70Trades supports the following trading platforms: none. This selection covers the basic needs of most retail traders. We also compared 70Trades’s platform availability with that of top competitors to assess its relative market position.
70Trades Trading.com Plus500 MT4 NoNoNoMT5 NoYesNocTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader NoYesYesKey 70Trades’s trading platform features
We also evaluated whether 70Trades offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA NoAlerts YesTrading bots (EAs) NoOne-click trading YesScalping NoSupported indicators 50 Tradable assets NoAdditional trading tools
70Trades offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
70Trades trading tools vs competitors 70Trades Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS NoNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria6.5 /1070Trades supports mobile trading, offering dedicated apps for both iOS and Android. 70Trades received a score of 6.5/10 in this section, indicating a generally acceptable mobile trading experience.
- Indicators supported
- Solid iOS user feedback, with a rating of 4.6/5
- Strong Android user ratings, currently at 4.6/5
- Mobile 2FA not supported
- Mobile alerts not supported
We compared 70Trades with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
70Trades Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 200,000 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.6 4.8 4.7 Google Play score 4.6 4.7 4.4 Mob. 2FA NoYesYesMob. Indicators YesYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at 70Trades by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.8 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationTraders have access to multilingual support. Live chat is available 24/5, while other support options are available from Monday to Friday, 8:00 to 19:00 (GMT). Client service representatives address technical issues and answer questions regarding trading conditions.
- The website's online chat is available 24 hours a day.
- Support is offered in English, Spanish, and Arabic.
- Limited phone support hours
- Support is not available on Saturdays and Sundays.
The following channels can be used to contact the broker:
- Online chat;
- Ready-made contact form in the Contacts section;
- Email;
- WhatsApp.
In the contact form, you can provide not only your email but also your phone number, and a company manager will call or message you. Contacts can also be left in the chat.
Contacts Registration address Securcap Securities Ltd, Room B11, First Floor, Providence Complex, Providence, Mahé, Seychelles Regulation FSA Official site https://70trades.com/ Contacts customer.service@70trades.com +448449864869
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FAQs
How does 70Trades’ regulation and safety score reflect its overall security level?
70Trades has a safety score of 3.7/10, which corresponds to a low security level in the reviewed methodology. It is regulated by the Financial Services Authority of Seychelles (FSA), a Tier-3 regulator, and offers negative balance protection and KYC verification, but it is not Tier-1 regulated and has a track record of less than 8 years, with no specific investor compensation fund mentioned in the section.
What types of trading accounts does 70Trades offer and how do they differ?
70Trades provides Standard accounts only, structured into Entry, Advanced, and Pro tiers that differ mainly by minimum deposit requirements and access to tools such as analytics, education, trading signals, and training. All accounts share leverage up to 1:200, personal manager assistance, and the same range of instruments and spreads, while the broker does not offer ECN, Cent, Micro, Swap Free, VIP, managed, or demo accounts according to this section.
What do user reviews say about overall satisfaction with 70Trades’ services?
The user satisfaction score for 70Trades is 6/10, with all three recorded reviews being 3-star ratings, indicating a mixed experience. According to user reviews, there are no strongly positive or strongly negative ratings in the distribution presented in this section.
What should new clients know about opening a trading account with 70Trades?
Account opening with 70Trades is fully online, with registration reportedly taking about 7 minutes and KYC verification completed within 1 business day, and the minimum deposit set at $200. The process includes creating a client portal, submitting personal details and documents, and then using the portal to deposit, access the trading platform, review histories, view news and calendars, access educational materials, and contact support, although the section notes that the setup may feel less convenient for beginners.
What feedback and features are highlighted for the 70Trades mobile trading apps?
The 70Trades mobile apps for iOS and Android have user ratings of 4.6/5 on both platforms and support indicators, contributing to a mobile apps safety score of 6.5/10 in this review. However, the section specifies that mobile two-factor authentication and mobile alerts are not supported, and total downloads are listed at 200,000.
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