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C7 Traders -

Score

1.58 /10
Danger

C7 Traders

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

https://www.c7traders.com

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Score

Regulatory Index0.00

Business Index7.57

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2017-03-03
Investor Alert List
C7 Traders

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 14590) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

C7 Traders · Company summary

Note: C7 Traders' official website - https://www.c7traders.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

C7 Traders Review Summary
Founded2024
Registered Country/RegionVanuatu
RegulationVFSC (Revoked)
Market InstrumentsFutures, Indices, Commodities, Energies
Demo Account✅
LeverageUp to 1:200
SpreadVariable
Trading PlatformMT4, Sirix
Min Deposit$100
Customer SupportTel: +65 67107337, +44 7597 585 410
Email: support@c7traders.com, info@c7traders.com
QQ: 357532884
X: https://twitter.com/C7Traders
Facebook: https://www.facebook.com/c7traders
Company address: Govant Building, PO Box 1276, Port Vila, Vanuatu

Founded in 2024, C7 Traders is a forex broker registered in Vanuatu, providing trading in futures, indices, commodities, and energies with leverage up to 1:200 via the MT4 and Sirix platforms. However, the current status of VFSC offered by C7 Traders has been revoked.

Pros and Cons

ProsCons
Multiple trading productsInaccessible website
Demo accountsNo regulation
MT4 supportUnclear fee structure
Popular payment options
Various contact channels

Is C7 Traders Legit?

No. C7 Traders currently has no valid regulations. Instead, it only holds a revoked retail forex license from the Vanuatu Financial Services Commission (VFSC).

Regulatory Status Revoked
Regulated by Vanuatu Financial Services Commission (VFSC)
Licensed Institution VFSC
Licensed TypeRetail Forex License
Licensed Number14590
Revoked VFSC license
Domain information

What Can I Trade on C7 Traders?

Tradable InstrumentsSupported
Futures✔
Indices✔
Commodities✔
Energies✔
Forex❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Leverage

The leverage of C7 Traders up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

C7 Traders provides MT4 on the web, iOS, and Android and SIRIX web platform.

Trading PlatformSupported Available Devices Suitable for
SIRIX✔Web/
MT4✔Web, iOS, and AndroidBeginners
MT5❌/Experienced traders

Deposit and Withdrawal

C7 Traders accepts payments via bank wire transfer, credit/debit card, and e-wallets like Skrill, Neteller and China UnionPay.

User Reviews

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User comment

2

Comments

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中强
more than one year
Worst experience than ever! I received a call supposedly from C7 Traders yesterday, saying that they had been ordered by a court to refund all money. I stopped the caller short and told him I thought he was a scammer about to request my bank account details so that he could raid it. He became abusive and I hung up.
Worst experience than ever! I received a call supposedly from C7 Traders yesterday, saying that they had been ordered by a court to refund all money. I stopped the caller short and told him I thought he was a scammer about to request my bank account details so that he could raid it. He became abusive and I hung up.
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2023-03-22 16:43
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勇67862
more than one year
My account manager just disappeared leaving big positions open, at the same time I couldn’t log in to my web trader due to ”technical issues” from their side and no one helped me to solve the issue. Resulting in all my positions falling and my account being closed. Still can’t log in and no one is responding to me.
My account manager just disappeared leaving big positions open, at the same time I couldn’t log in to my web trader due to ”technical issues” from their side and no one helped me to solve the issue. Resulting in all my positions falling and my account being closed. Still can’t log in and no one is responding to me.
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2023-02-20 16:40
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