Home -
7xFx -

Score

1.43 /10
Danger

7xFx

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://7xfx.com

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.38

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

7xFx

Company Abbreviation

7xFx

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

7xFx · Company summary

Note: 7xFx's official website - https://7xfx.com/ is currently inaccessible normally.

7xFx Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsEnergy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities
Demo Account✅
LeverageUp to 1:600
SpreadFrom 0.2 pips
Trading PlatformProprietary platform
Min Deposit$500
Customer Support24/7 live chat
Tel: +61272515861
WhatsApp: +447862133989
Email: cs@7xfx.com
Facebook, Telegram, Twitter, YouTube

7xFx Information

7xFx is an unregulated broker, offering trading on energy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities with leverage up to 1:400 and spread from 0.2 pips via its Proprietary platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $500.

Pros and Cons

Pros Cons
Various trading productsInaccessible website
Demo accountsNo regulation
Multiple account typesInactivity fee charged
Tight spreadsNo MT4/MT5 platform
24/7 live chat supportHigh minimum deposit requirement
Only accept Bitcoin payments
Only email support

Is 7xFx Legit?

No. 7xFx currently has no valid regulations. Please be aware of the risk!

Domain information

What Can I Trade on 7xFx?

Tradable Instruments Supported
Energy commodities✔
Cryptocurrencies✔
Currency options/forex✔
ETFs✔
Mutual funds✔
Precious metals✔
Soft commodities✔
Indices❌
Stocks❌
Bonds❌
Options❌

Account Type

Account TypeMin Deposit
STANDARD$500
7XFX+$5,000
Gold$25,000
Expert$100,000
Platinum/

Leverage

The maximum leverage is significantly affected by what type of accounts you are holding.K

Account TypeMax Leverage
STANDARD1:100
7XFX+1:200
Gold1:400
Expert
Platinum1:600

eep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

7xFx Fees

Trading Fees

7xFx provides spread from 0.2 pips.

Non-Trading Fees

An account becomes dormant after 3 months of inactivity and will be charged $100 per month.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Proprietary platform✔Web, iPhone, Android, Tablet/
MT4❌/Beginners
MT5❌/Experienced traders
Proprietary platform

Deposit and Withdrawal

7xFx only accepts payments via Bitcoin.

User Reviews

More

User comment

1

Comments

Write a review

HW～杨景
more than one year
My friends, who has been a forex trader for years, told me not to trade with Forex companies registered in Saint Vincent and the Grenadines. After I browsed many forex companies on wikifx, I found that he was right. 7xFx is one such company whose website is now down. I hope nobody was scammed out of money.
My friends, who has been a forex trader for years, told me not to trade with Forex companies registered in Saint Vincent and the Grenadines. After I browsed many forex companies on wikifx, I found that he was right. 7xFx is one such company whose website is now down. I hope nobody was scammed out of money.
Translate to English
2023-03-16 16:28
Reply
0
0