70Trades Offers Free Demo Accounts to Improve Trading Skills

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The world of online trade doesn’t work in accordance with any set rules, and the safest bet is to gauge in the market situation and place the safest trade accordingly. This knowledge of how to narrow down the factors while placing a trade only comes with experience and 70Trades lets you earn just that via its demo practice accounts.

The online trading firm, which got into the trading scenario with the aim of simplifying trading for novices, aims to prepare traders for the real game. Its free demo accounts therefore acts as anchors to those who want to practice practice their trading skills. Online trading can be risky, and when one is new to trading, losing money is inevitable.

70Trades, probably one of the best reviewed trading platforms (read 70Trades review), minimises this risk and helps novices in learning about the market and trading; without the threat of losing real money. It offers one a chance to practice various trade strategies and get a feel of how the market actually works.

The global brokerage firm even takes its name from the core 70Trades theory, which illustrates that how it takes a trader an average maximum of 70 trades to clock in his/her first profit. 70Trades enables the novice trader in his/her journey to become a professional by familiarizing him/her with the market operations and facilitating this further with market analysis, live data, economic calendar etc. Moreover, it is the only brokerage platform that assists a trader by helping him/her balance his/her psychology during a profit/loss trade.

70Trades recipe also places importance on the habit of money management and stop loss placement. Stop loss placement is important to avoid any volatile outcomes by closing open positions early, whereas, money management is a necessary step in order to manage your capital efficiently and to spread risk among positions.

The wide array of trading assets offered by 70Trades does help the traders in minimizing the risk by spreading it and also in diversifying their portfolio.

Forex

Operating mainly on the concept of free-floating currencies, Forex is the largest market in the world.  Depending on the respective government and central bank’s policies, the values of currencies keep fluctuating. The fluctuations in the values are what make the Forex trading possible.

At 70Trades one can trade in myriad currency pairs as in accordance with the demand.

Commodity

Traceable goods like gold, silver are considered commodities. 70Trades enables traders to speculate on the market value of commodities.

Stocks

70Trades is updated with the listing of stocks of leading companies like Apple, Walt Disney, Google, Facebook and many others. Traders can easily speculate on the fluctuations of stocks at 70Trades.

Indices

The value of publicly traded companies like CAC40, S&P 500, DOW JONES, FTSE 100 is represented by Indices and 70Trades has them all in the portfolio.

Disclaimer:  FxPips is not responsible for any information supplied in Sponsored/Press Release category. Please do your own research before deciding to associate with any company mentioned in this regard.
  • Normal

    I am always skeptical about trading online. Perhaps it’s due to the numerous discouraging stories i have heard before. I actually want to give this a try to see how it works. I have not done this before, how long do you think i should use the demo account before plunging into the real stuff.
    I will appreciate a simple, yet explanatory answers.
    Thanks

  • Kopano Baruti

    Ah. I used this free demo account and traded for like some months and right now I have gotten a hang of the whole trading system. I think I’m ready to try a live account now and I’m pretty sure I won’t have much to worry about losing money in the process.

    • Damarco Kago

      Exactly. This demo account sure made trading easy. The experience one gets from trading with demo figures should be enough to put one in a comfortable position to begin live trading and not have any reason to lose money in the process.

    • Aqeeb

      I strongly recommend that anyone who’s ready to begin trading with 70trades trading platform should begin with the demo accounts. It is a great way to start and you’ll get adjusted to the system so well such that you won’t fear the risk of losing funds when you start a live trading.

  • Zara

    We all agree that if one is not calmed after a trade that has not been successful, it can automatically lead to an impact on their next trading operation. I can relate to this because I’ve experienced that before. But with 70trades, one has nothing much to worry about because the seamless operation of the trading platform sets traders at ease.

    • F’enton

      true. And With this free demo account, one’s confidence must have been boosted and so trading with a live account would just make it easy and fun with less things to bother about.

  • Lisa Spencers

    hi guys i want to ask you something about 70 Trades. I am a 70 trades users since 2 years an i am really happy working with them. Last time my account manager asked me for a big investment, i am a bit afraid because i always invested small amount of money, i mean small investments and small earnings but i never invested so much. Did someone of you do it before? do you have suggestions?

  • Filippo Maggi

    I was completely disappointed with online trading after that i lost a big amount of money with another broker but then 70 Trades guide me and now i am using the online with different eyes

  • Francesco Benta

    I should say that almost all of my family is now member of 70 Trades. First of all, I used this broker services for a personal needs. Then the rest of my family joined 70 trades because the envy me for the money that i earned 🙂

  • Antonio Rullo

    I think I should posted this positive comment before. I am extremely happy with 70 Trades. They help inexperience traders for 24 hours a day. I can say that without their support i couldn’t reach a good level of trading

  • Sofi

    I use 70 trades almost 2 times per week investing small amount of money and iam getting beter and better

    • Hassan khan

      hi sofi
      i m beginner
      and i dont know how start trading

  • Anton Faro

    does anyone know about the withdrawal procedure? how long does it take? This is my main important thing that i want to know because i want to open an account with 70 trades. Can someone help me please? Thank you in advance

    • Mike Force

      Hi Anton, the procedure is fine, usually takes 4-5 days. This was my experience

  • Brady Camden

    From my side i know that 70 Trades it’s regulated brand and it has received many international awards. I just started using it, I will comment again later

  • Andrea Bonanni

    For me 70 Trades remains the best broker currently in circulation. I’ve tried other platforms because they promise to be cheaper but if I finally came back to 70 Trades

    • Sofi

      i don’t know if 70 Trades is the best but for sure is a good broker 😉

  • Antonio Rullo

    A great site that also offers great opportunities to those who are not very experienced. I started with some wrong operations that have compensated me. Now, however, I am positive and I can not wait to withdraw my first earnings

  • uma devi

    Awesome broker, no pressure whatsoever, always there to assist me and help me with my queries. Really a great broker.

  • Lisa Spencers

    I summarize my first impressions after opening an account with 70 trades: clear and simple account opening process, secure and easy-to-use platform, good 1: 200 leverage and acceptable spreads. Recommended

    • Anton Faro

      What about the withdrawal? did you always received the money on time?

  • Mike Force

    After so many negative experiences with Forex, a few months ago I found 70 Trades and the story has changed. Thanks to the training material and the advices of my tutor I started to earn some small amount. I hope to continue this way….

  • Andre Vitolo

    Before opening an account with 70 Trades I made a brief analysis to see if it was reliable. I use 70 Trades since two months, for now I can say that I was not wrong. It is a reliable broker

  • Nice share, thank you

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