7XFX -Overview of Minimum Deposit, Spreads & Leverage
Abstract：7xFx is an unregulated broker, offering trading on energy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities with leverage up to 1:400 and spread from 0.2 pips via its Proprietary platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $500.
Note: 7xFx's official website - https://7xfx.com/ is currently inaccessible normally.
| 7xFx Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Energy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:600 |
| Spread | From 0.2 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | $500 |
| Customer Support | 24/7 live chat |
| Tel: +61272515861 | |
| WhatsApp: +447862133989 | |
| Email: cs@7xfx.com | |
| Facebook, Telegram, Twitter, YouTube | |
7xFx Information
7xFx is an unregulated broker, offering trading on energy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities with leverage up to 1:400 and spread from 0.2 pips via its Proprietary platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $500.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Inactivity fee charged |
| Tight spreads | No MT4/MT5 platform |
| 24/7 live chat support | High minimum deposit requirement |
| Only accept Bitcoin payments | |
| Only email support |
Is 7xFx Legit?
No. 7xFx currently has no valid regulations. Please be aware of the risk!
What Can I Trade on 7xFx?
| Tradable Instruments | Supported |
| Energy commodities | ✔ |
| Cryptocurrencies | ✔ |
| Currency options/forex | ✔ |
| ETFs | ✔ |
| Mutual funds | ✔ |
| Precious metals | ✔ |
| Soft commodities | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
| Account Type | Min Deposit |
| STANDARD | $500 |
| 7XFX+ | $5,000 |
| Gold | $25,000 |
| Expert | $100,000 |
| Platinum | / |
Leverage
The maximum leverage is significantly affected by what type of accounts you are holding.K
| Account Type | Max Leverage |
| STANDARD | 1:100 |
| 7XFX+ | 1:200 |
| Gold | 1:400 |
| Expert | |
| Platinum | 1:600 |
eep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
7xFx Fees
Trading Fees
7xFx provides spread from 0.2 pips.
Non-Trading Fees
An account becomes dormant after 3 months of inactivity and will be charged $100 per month.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web, iPhone, Android, Tablet | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
7xFx only accepts payments via Bitcoin.
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