SEVEN WONDERS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 17:21

Abstract：Seven Wonders was registered in 2018 in Hong Kong, and it is a Bullion CFD provider. It uses MT4 as its trading platform, and the leverage can be up to 1:500. More importantly, it is regulated by the Australia Securities and Investment Commission (ASIC).

SEVEN WONDERSReview Summary
Founded	2018
Registered Country/Region	China (Hong Kong)
Regulation	ASIC
Market Instruments	Bullion CFD
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.0 pips
Trading Platform	MT4
Min Deposit	$0
Customer Support	Tel: +852 37517289
	Email: support@wondersfx.com
	Address: Room 809C, 8/F star house, 3 Salisbury Road, Tsim Sha Tsui. Kowloon Hong Kong

　　Seven Wonders was registered in 2018 in Hong Kong, and it is a Bullion CFD provider. It uses MT4 as its trading platform, and the leverage can be up to 1:500. More importantly, it is regulated by the Australia Securities and Investment Commission (ASIC).

Pros and Cons

Pros	Cons
Regulated well	Single account type
Demo accounts	Limited trading assets
No commission fee charged
MT4 provided
No minimum deposit
Popular withdrawal options

Is SEVEN WONDERS Legit?

　　Yes, Seven Wonders is regulated by the Australia Securities and Investment Commission (ASIC).

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Australia Securities and Investment Commission (ASIC)	Regulated	Australia	Appointed Representative (AR)	001306934

What Can I Trade on SEVEN WONDERS?

　　Seven Wonders specializes in the Bullion CFD market, and offers trading services related to CFDs.

Tradable Instruments	Supported
Bullion CFD	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Seven Wonders provides a single type of account: Standard Account. Besides, a free demo account is also available.

Account Type	Min Deposit	Leverage	Commission
Standard Account	$0	1:500	❌

Leverage

　　The leverage of the Standard Account is 1:500. Please be aware of the potential risks, because high leverage is likely to bring high risks.

Trading Platform

　　Seven Wonders uses MT4 as its trading platform.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, desktop, mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　Seven Wonders claims that it offers 15 types of deposit options and supports 10 types of currencies, but it does not reveal the details of these options. What is clear is that it does not charge any fees for deposit and withdrawal, and the withdrawal options may include credit/debit card, Paypal, Neteller, and Skrill.

Deposit Options	Fees	Accepted Currencies
/	❌	VND, PHP, MYR, AED, JPY, CNY, NOK, ISK, SEK, CHF

Withdrawal Options	Fees	Processing Time
Credit/Debit Card	❌	Before 12:00 AEST/AEDT: processing on the day of receipt
Paypal/Neteller/Skrill	❌	After 12:00 AEST/AEDT: processing on the following business day