7 street Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-03 16:14

Abstract：7 street is a broker. Over 200 + tradable instruments include shares, commodities, indices, metals, and currencies. The broker also provides four accounts with a maximum leverage of 1:100, including Excellence, Infinite, Platinum, and Signature. The minimum spread is from 0.0 pips and the minimum deposit is $1,000. 7 street is still risky due to its unregulated status.

7 streetReview Summary
Founded	2023-07-11
Registered Country/Region	Mauritius
Regulation	Unregulated
Market Instruments	Shares/Commodities/Indices/Metals/Currencies/Forex/CDFs
Demo Account	❌
Leverage	Up to 1:100
Spread	From 0.0 pips
Trading Platform	MT5 (Desktop/Windows/Mobile (iOS/Android))
Min Deposit	$1,000
Customer Support	Email: info@7streetcorporation.com
	Phone number: +(971) 43425662
	Social media: Twitter, Instagram, LinkedIn, Facebook

7 street Information

　　7 street is a broker. Over 200 + tradable instruments include shares, commodities, indices, metals, and currencies. The broker also provides four accounts with a maximum leverage of 1:100, including Excellence, Infinite, Platinum, and Signature. The minimum spread is from 0.0 pips and the minimum deposit is $1,000. 7 street is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Various tradeable instruments	Unregulated
MT5 available	Demo account unavailable
Spread as low as 0.5 pips	No 24/7 customer support
Leverage up to 1:100
Commission-free

Is 7 street Legit?

　　7 street is not regulated, even though it claims to be regulated by FSC. However, an unregulated broker is not as safe as a regulated one.

What Can I Trade on 7 street?

　　Traders can choose different investment directions because the broker provides traders with access to 30+ FX pairs, CDFs, shares, commodities, indices, metals, currencies, and more.

Tradable Instruments	Supported
Shares	✔
Commodities	✔
Indices	✔
Metals	✔
Currencies	✔
Forex	✔
CDFs	✔

Account Type

　　7 street has four account types: Excellence, Infinite, Platinum, and Signature. Traders who want low spreads can choose a Signature account.

Account Type	Excellence	Infinite	Platinum	Signature
Minimum Deposits	$1000	$10000	$25000	$100,000
Commission	No	No	No	No
Spreads	From 2 pips	From 1.5 pips	From 1 pips	From 0.5 pips
Leverage	1:100	1:100	1:100	1:100
Lot Size	0.01	0.01	0.01	0.01
Stop Out Level	50%	50%	50%	50%

7 street Fees

　　The spread is from 0.0 pips, the commission is 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.

Trading Platform

　　7 street cooperates with the authoritative MT5 trading platform available on Desktop, Windows, and Mobile (iOS and Android) to trade. Traders with rich experience are more suitable for using MT5.