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7FX Global -

Score

1.50 /10
Danger

7FX Global

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.7fxgt.com

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Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Broker Information

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Company Name

7FX Global Traders Limited

Company Abbreviation

7FX Global

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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7FX Global · Company summary
7FX GlobalReview Summary
Founded2-5 years
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex/CFDs/Commodities/Metals/Indices
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 1 pips
Trading PlatformMT5(Windows/OS X/Mobile(iOS/Android))/ MT4(iPhone/Android)
Min Deposit$1
Customer SupportPhone: +44 7597 372405
Email: support@7fxgt.com
Facebook/Twitter/YouTube
Live chat

7FX Global Information

7FX Global is a broker. The tradable instruments include forex, metals, commodities, indices, and CFDs. The broker also provides four accounts with a maximum leverage of 1:1000, including basic, economic, classic, and VIP. The minimum spread is from 1 pips and the minimum deposit is $1. 7FX Global is still risky due to its unregulated status and high leverage.

7FX Global Information

Pros and Cons

Pros Cons
Swap freeUnregulated
24/5 customer supportInaccessible official website
Demo account availableHigh max leverage
Various tradable instruments
MT4 and MT5 available

Is 7FX Global Legit?

7FX Global is not regulated, making it less safe than regulated brokers.

Is 7FX Global Legit?
Is 7FX Global Legit?

What Can I Trade on 7FX Global?

7FX Global offers various market instruments, including forex, metals, commodities, indices, and CFDs.

Tradable Instruments Supported
Forex✔
CFDs✔
Commodities✔
Metals✔
Indices✔
ETFs❌
Cryptocurrencies❌
Bonds❌
Mutual Funds❌
What Can I Trade on 7FX Global?

Account Type

7FX Global has four account types: basic, economic, classic, and VIP. Traders who want low leverage can choose a VIP account, while those with a small budget can open a basic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type BasicEconomicClassicVIP
Minimum Deposit$1-$499$500-$4999$5000$25000
Spread From0 PIPS0 PIPS0 PIPS0 PIPS
Leverage1:1-1:10001:1-1:10001:1-1:4001:1-1:200
CommissionYesYesYesYes
SwapFreeFreeFreeFree

7FX Global Fees

The spread is from 1 pips, the swap is free. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

7FX Global cooperates with the authoritative MT5 trading platform available on Windows, OS X, and mobile(iOS and Android) and MT4 iPhone/Android versions. MT4 and MT5 provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows/OS X/Mobile(iOS/Android)Experienced traders
MT4✔iPhone/AndroidJunior traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $1. 7FX Global accepts Wire Transfers, Visa, MasterCard, Visa Qiwi Wallet, Neteller, Payeer, Bitcoin, Skrill, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, and transfer processing times and associated fees are unknown.

Deposit and Withdrawal

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Aiairen@
more than one year
I clearly remembered that I placed an order of 0.01 lot size on mt5 trading platform, but when the trade started, I saw it was 1 lot size! When I tried to close the trade, then suddenly an error was occurred in my account.
I clearly remembered that I placed an order of 0.01 lot size on mt5 trading platform, but when the trade started, I saw it was 1 lot size! When I tried to close the trade, then suddenly an error was occurred in my account.
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2022-12-16 11:43
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911
more than one year
I invested $5000 and I haven’t seen a dollar back. Every time I asked for my money back I was asked to increase my investment more, otherwise, I would not have been able to receive my money back. STAY AWAY!
I invested $5000 and I haven’t seen a dollar back. Every time I asked for my money back I was asked to increase my investment more, otherwise, I would not have been able to receive my money back. STAY AWAY!
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2022-12-06 14:43
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