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No Regulation
Score
1.82 /10
Danger
7 street
1-2 yearsSuspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index4.04
Risk Management Index0.00
Software Index8.60
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-09
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| 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.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Desktop/Windows/Mobile (iOS/Android) |
Deposit and Withdrawal
The minimum deposit is $1,000. However, transfer processing times and associated fees are unknown.
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