Why can a 770capital forex broker be trusted
770capital is a registered dealer company, which was founded in 2010. The broker has one of the most prestigious and reliable financial licenses – FCA. It should be noted that this is an agency license, which does not give 770capital the legal right to work as a market maker. Accordingly, clients of this brokerage company can be 100% sure that all their transactions are sent to liquidity providers via STP-technology.Brokerforex 770capital offers 2 types of accounts. On the standard account only the spread is charged without commission. And the second account offers a “raw” spread and a commission of $ 7 per full turnover (opening + closing of the transaction). You can also open an account without swap .Some clients left negative feedback about the broker 770capital because of the minimum deposit of $500. Those who have posted comments on the forums that 770capital cheaters simply do not understand that a smaller deposit is a trap for new traders, and the amount of $500 and more makes 770capital an affordable broker for many traders with different capital.If you read about the dealer company 770capital reviews on specialized forums, you will see that there are more good and positive reviews about it than negative ones. Thus, clients who acted as fund managers praise the convenience of PAMM-accounts and management of several simultaneously. The broker platform offers the possibility to deposit and withdraw funds via bank transfer, credit/debit cards, etc.But apart from the positive ones, we found that 770capital is a fraudulent scammer due to the fact that customers could not withdraw their money for a long time. In responses to these responses, other clients reported that the duration of the withdrawal of funds may be delayed only for the first time and due to improper submission of documents. So it’s not that bad. According to the information from the official website of 770capital, the maximum leverage, with a minimum transaction size of 0.01 lots, is 1:400, so this forex broker is an excellent choice for scalpers. The broker provides more than 80 trading instruments: currencies, metals, commodities, indices for working on the trading platform – MT4. This platform is quite simple and convenient for a trader. It contains various indicators and tools that help and improve the charting system of the currency trading platform: EUR, USD, PLN, JPY, GBP. Investors can download the MT4 app for mobile trading on Android and iOS from app stores.As you have already understood, the 770capital broker did not arouse our suspicions. You can cooperate with it: open an account and start trading on Forex. But we want to warn you at one point. Like many other Forex brokers who offer MT4, 770capital actively offers to add a free Expert Advisor (EA) plugin to your trading software. Just be careful, as using any automated trading software is extremely dangerous and you may lose all your finances in a minute. Learn the peculiarities of Forex trading and you will succeed!