Brief information770 Invest
770 Invest positions itself as a “necessary service” for working in Forex. The broker created a terminal of the same name, added symbols for 68 currency pairs, oil, shares and precious metals to it, and now the broker is looking for clients.
770Invest allegedly allows the use of different strategies. It focuses on three of its benefits:
- fixed spreads,
- no hidden fees,
- compensation of commissions for servicing client accounts.
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770Invest summary
Date of foundation. The origin story of the brand has not been disclosed. It is known to be owned by Seventy Solution Ltd. And it is supposed to operate since 2010.
Location. Seventy Solution Ltd. was registered in the Marshall Islands. The company claims to have allocated to itself the address of Trust Company Comples, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960. These are classic offshore coordinates.
It is unknown whether the broker has a representative office in Russia.
Contacts. To contact the support service, several phone numbers are provided: +7 (499) 213-09-52 (Moscow code), +44 (15) 19470186 (London code), +370 (5) 2032982 (Vilnius code). The Russians have an additional free number 8-800-505-68-36.
Regulation. The broker says it has “Forex approved license”. However, it does not disclose in which jurisdiction it operates. There is no scanned copy of the license for operation on Russian territory on the site.
770Invest shows a registration certificate and apostille instead of a license.
Terminals. The broker reports that it has developed an application for trading on iOS and Android smartphones. The main thing that is known about it: “selected quotes”, market orders, including limit orders, no delays in execution.
Also 770Invest has implemented its own web terminal. According to the broker, the program allows you to get “higher profitability” and minimize risks.
An alternative to the 770 Invest developments is MetaTrader 4 and MT4 Web-Terminal.
770 Invest trading terms
The broker believes that it provides the best conditions in the market. The minimum deposit is $ 500, spreads are from 2 pips, and the leverage is from 1: 100 to 1: 400.
770Invest assures that there is no deposit fee. It informs that only spreads and leverage transfer fees for the next day are charged off (there are no specific figures). Withdrawal of funds is conducted with no limits.
According to 770invest.com, orders are executed automatically. It is assumed that the firm terminal has full access to account information. And the interface in the program is intuitive and user-friendly.
The broker offers to replenish the deposit using bank cards, web wallet or bank transfer. To motivate potential customers to take specific actions, the broker came up with bonuses. One of these is the Welcome bonus, which adds 30% to the deposit. 770Invest also convinces clients to attract their friends and get 15% bonus for that.
Training materials are provided at 770invest.com. Quarterly reporting table, Forex news feed, economic calendar are available there.
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