2 reviews for 70trades are not recommended
These reviews are not recommended because our content quality algorithms have determined them to be less useful for users researching this business. Our content quality algorithm makes decisions based on a number of proprietary evaluation factors, and is constantly updating and improving over time. Even though these reviews are not displayed by default, they still factor into the overall number of reviews and the average rating for the business.
India
1 review
2 helpful votes

A Huge Fraud Organisation *** DO NOT INVEST IN THEM ******
February 23, 2021

************ DO NOT EVER INVEST IN THEM **************
THEY ARE NOTHING BUT A BIG FRAUDSTER. THEY SWINDLE MONEY BY MAKING YOU BELIEVE THAT THEY ARE THE BEST

It all started with a call by an agent called Parvez, who is nothing but a swine hidden under a sheeps skin. So he initiates it by luring customers, probably trained well by their organisation to bring them onboard by any means of crooked or manipulated talks in makign you believe that they are genuine. He kept following with me for almost more than 3 weeks, to somehow bring me into their dragnet and i must shamelessly agree to say that i was convinced. After having spent almost 8-10 days with hours on each of the call, finally i decided to go for it.

When i was signing up, there was so many obstacles and i failed to read any of the Que's. The card first did not pass thru for there was some restriction on their site, then the OTPs continously failed with even multiple cards that i attempted, then a payment attempt thru the wallet did not go thru, that should have somehow made me realise to atleast think, if this is an organisation that is professional and genuine. The payment gateway cannot have so many errors in one transaction itself. However after trying different methods, it finally went thru and the worst part was that i landed paying some 1.5% as a service to the payment gateway that i used of 70Trades.

Finally after having signed up with them, I was informed by the filthy agent Parvez that I would get a call from of their financial advisors within 24 hours, but i did not receive any call in the 24 hours that was promised but no one called for almost a week. Then i tried calling them on the numbers (UK Numbers) that i found on their website and as well on the signature of the emails, but the number never ever got connected with it just going into an IVR and then getting disconnected every time i reached out to it. These numbers were meant to be right at all for any customers to reach them. After i wrote back multiple times, asking if someone is even going to call me, then another circus clown by name Aaryan Ahuja called me after almost a week to introduce himself as my FA. Believe me, i have never ever seen anyone as rude as he was, especially from a service industry. Even the tone of the emails too lacked any etiquitte with most of them addressed so bluntly. When all of these were addressed to him as a feedback, he had the audacity to even tell curtly that if you are not interested, you may cancel the relationship and withdraw the money from the account. I literally spent almost close to about 10 plus hours overall in spending my time to understand the nuance of the model with patience and having put much effort, time and money, then the worst unfolded that fell so horridly in the service starting from the sales person by name Parvez, who was least bothered to even respond to my emails or even return the calls, even worser was the call with Aryan, with curt responses on the email that reflected exactly on his call with me, a tone filled with an obligation to attend me or a pride to even echo that he is some superior being, by mentioning "I am your financial Manager and you dont raise your voice at me", while he failed to realise the intensity of the frustration... The email carried a number as part of the signature and when i tried to call, it just went into an IVR and the call then disconnected.

Until the time, i signed in, I was constantly followed to have the account to be set, with no reminders of whatsoever that needed from me. But post sign-up, the response has been so pathetic with multiple reminders sent too. There is no basic courtesy too for someone even to acknowledge these emails and they are just going into an empty space. The website does not even have a proper escalation channel too and when i even wrote back to them move my case to the next level, someone just responded with their standard templates that had no relation to the query raied.

I lost the money that i had paid them too and i am still trying to get the money out with pushed within circles from one end to another... there is no proper contact to reach anyone. I am taking this now legally...

If there is a zero or below star is what i would give them

Products used:

Online Trading

Date of experience: February 23, 2021
India
1 review
0 helpful votes

Online fraud
September 19, 2020

Hi All,

My Name is Ravi Mehta & I'm form Himachal Pradesh.

(India) I simply want to aware all investors please don't trust on these people. I've invested 201.82 USD on 1st July, 2020 on the behalf of Mr. Shaqeel Surani.(*******@70trades.com). He forced me to make a payment by stating that there is a good offer running nowadays in their process & I should grab this opportunity. He said if I'll invest the money in 70 trades now, I'm gonna get a good benefite after a month or so.

Surprisingly from very second day of payment that person(Mr. Shaqeel Surani) was not anywhare in the picture who, at the day of payment was saying like: he will be available all the time there for me in any circumstances. He never reply back from that email adress which he used at the time of taking money from me. After that a person was assigned to me was named(Ms. Sara Shaikh) *******@70trades.com(Account Manager). She called me & assure that she will take care about my account & will provide me a good profite & I should not worry about. I started trading according to her advice as she asked me to do every day.

In the span of 60 days she never warned me about my account status that it is in loss position. She always said that we'll recover it. Don't worry. But at the end of August she suddnly stated that you'll lose your money if I'll not increase the liquidity of the account.

I was amazed.

Now I have a question, if they can't provide you a security & can't fullfill their commitments, then why they ask innocent people to invest their hard money in unsecured platform like 70 trades?

People like Sara Shaikh don't looks like professional enough & skillfull.

This was my first experience of trading but I think I've choosen a wrong platform.

All I can say, people who are thinking or planning about investing money with 70 trades, please rethink about it. They don't provide a good customer support, no call back options, Only they can call investors. Customers can't call them. Only E-mail or chat facility provided & they will reply back according their comferts. There are other Trade companies as well which are good in ranking & have a better assistance for customers, better to go with those.

Pathetic service by 70 trades. They just let down my very first experience of trading. Such an unprofessional service offered by 70 Trades. I've a good network of people & I'm going to expose 70 trades people on other platforms as well.

Date of experience: September 19, 2020
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2 reviews for 70trades are not recommended