7BForex-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2021-11-30 17:09

Abstract：With its head office in Lagos, Nigeria, 7BForex is an online trading broker that allows traders to buy and sell various financial markets across different asset classes, such as forex, gold, silver, energies, stocks, and more. 7BForex is owned and operated by 7BForex Ltd, which is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 24499 IBC 2018. There is no regulatory information on the broker’s website at the moment.

General Information & Regulation

With its head office in Lagos, Nigeria, 7BForex is an online trading broker that allows traders to buy and sell various financial markets across different asset classes, such as forex, gold, silver, energies, stocks, and more. 7BForex is owned and operated by 7BForex Ltd, which is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 24499 IBC 2018. There is no regulatory information on the brokers website at the moment.

Markets Instruments

Executive Forex offers 70 currency pairs, cryptocurrency pairs, commodities, equities and index CFDs.

Minimum Deposit

Three trading account options are available at 7BForex: Standard (N5,000), Classic(N5,000), and Elite (N100,000) Accounts. There is a demo account option to help traders to acquaint themselves with the brokers trading platform before opening a live trading account. The demo account comes loaded with virtual funds for practice purposes.

Leverage

The maximum trading leverage offered by Executive Forex s up to 1:000, which is considered high. Leverage can amplify returns as well as losses, investing in such an unregulated broker offering such generous leverage is not a good option.

Spreads & Commissions

7BForex advertises that it offers low spreads, starting from 0. 0 pips, but does not specify its detailed spreads on particular instruments.

Trading Platform Available

7BForex provides traders with the MetaTrader 4 trading platform. It is a sophisticated trading platform that was developed in 2005 by MetaQuotes. It is designed to suit traders of all levels with a user interface that is user-friendly yet packed with versatile functionalities. It features charting tools, market indicators, scripts, expert advisors, advanced risk management tools, real-time market execution, and more. The MT4 trading platform is available as a desktop application for Windows and Mac computers and a mobile app for Android and iOS devices.

Deposit& Withdrawal

7BForex accepts various payment methods for both account deposits and withdrawals, including bank cards, such as MasterCard, Visa, Verve, and more. Traders can also deposit and withdraw money using their internet banking platform: GTBank, FirstBank, UBA, Sterling, Zenith, and Alat.

Customer Support

All clients general, technical, and account-related inquiries can be sent to a knowledgeable client support team who are available during working hours and can be contacted through the following contact channels: telephone, email, online form, and social media.

Educational Resources

To ensure clients make knowledgeable trading decisions, the broker makes available a good selection of educational resources on their website. These learning materials include learning articles, trading guides, blogs, and an FAQ section that answers some of the common questions traders may have.

Leverage Broker Commission Currency Pair Dealer

Related broker

No Regulation

7BForex

Company name：7B Forex Ltd

Score

1.56

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.56

GULF BROKERS Review: Allegations of Fund Losses & High Swap Charges

Have you traded on wrong advice from GULF BROKERS, an Australia-based forex broker, and suffered losses? Were you made to pay illegitimate swap charges and taxes? Have you faced unfair brokerage charges? Many traders have expressed reservations over these alleged trading issues on broker review platforms such as WikiFX. In this GULF BROKERS review article, we have examined all these allegations. Let’s start investigating!

Original 2026-04-08 21:04

BDSWISS Regulatory Status: A Complete Guide to Its Licenses and Company Registration

When smart traders look at a new broker, the first and most important question is always about regulation. Before investing, understanding a broker's legal status and what protections they offer is absolutely essential. BDSWISS says it is a regulated trading partner globally. However, when we look closely at its regulatory setup, company structure and real-world track record, we find a big and worrying gap. The reality is much more complicated and concerning than what its marketing shows. This investigation will break down the key areas that every potential client needs to understand: its main offshore license, a history of serious regulatory warnings, a confusing company structure, and a huge number of user complaints that show a major problem. This analysis is designed to confirm your concerns and give you the evidence needed to avoid a potentially expensive mistake.

Original 2026-04-08 18:10

Exclusive Markets Exposed: Low Ratings, Missing Offices, and Investor Warnings Raise Red Flags

This Exclusive Markets review provides a detailed analysis of the broker’s regulatory framework, licensing structure, WikiScore rating, and user feedback based on information available on WikiFX.

Original 2026-04-08 17:00

BDSWISS Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?

You're asking 'Is BDSWISS Legit?' or maybe even 'Is BDSWISS a scam?' and you need clear, factual answers. The worry behind that question makes sense. When your capital is at risk, trust isn't just a nice extra feature; it's absolutely essential. This article promises a direct, fact-based investigation into whether BDSWISS is legitimate. We will cut through the marketing hype and analyze the broker based on three key areas: its regulatory status, independent expert ratings, and most importantly, a large number of real, recent user complaints. Our analysis is based on solid data to give you the clarity you need. We understand how serious your concern is, and our goal is to present the facts without exaggeration, allowing you to make an informed decision to protect your investments.

Original 2026-04-08 15:54