7FX Global

7FX Global | 2024-12-20 11:09

Extrait：7FX Global is a broker. The tradable instruments include forex, metals, commodities, indices, and CFDs. The broker also provides four accounts with a maximum leverage of 1:1000, including basic, economic, classic, and VIP. The minimum spread is from 1 pips and the minimum deposit is $1. 7FX Global is still risky due to its unregulated status and high leverage.

7FX GlobalReview Summary
Founded	2-5 years
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex/CFDs/Commodities/Metals/Indices
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1 pips
Trading Platform	MT5(Windows/OS X/Mobile(iOS/Android))/ MT4(iPhone/Android)
Min Deposit	$1
Customer Support	Phone: +44 7597 372405
	Email: support@7fxgt.com
	Facebook/Twitter/YouTube
	Live chat

7FX Global Information

7FX Global is a broker. The tradable instruments include forex, metals, commodities, indices, and CFDs. The broker also provides four accounts with a maximum leverage of 1:1000, including basic, economic, classic, and VIP. The minimum spread is from 1 pips and the minimum deposit is $1. 7FX Global is still risky due to its unregulated status and high leverage.

Pros and Cons

Pros	Cons
Swap free	Unregulated
24/5 customer support	Inaccessible official website
Demo account available	High max leverage
Various tradable instruments
MT4 and MT5 available

Is 7FX Global Legit?

7FX Global is not regulated, making it less safe than regulated brokers.

What Can I Trade on 7FX Global?

7FX Global offers various market instruments, including forex, metals, commodities, indices, and CFDs.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Metals	✔
Indices	✔
ETFs	❌
Cryptocurrencies	❌
Bonds	❌
Mutual Funds	❌

Account Type

7FX Global has four account types: basic, economic, classic, and VIP. Traders who want low leverage can choose a VIP account, while those with a small budget can open a basic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Basic	Economic	Classic	VIP
Minimum Deposit	$1-$499	$500-$4999	$5000	$25000
Spread From	0 PIPS	0 PIPS	0 PIPS	0 PIPS
Leverage	1:1-1:1000	1:1-1:1000	1:1-1:400	1:1-1:200
Commission	Yes	Yes	Yes	Yes
Swap	Free	Free	Free	Free

7FX Global Fees

The spread is from 1 pips, the swap is free. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

7FX Global cooperates with the authoritative MT5 trading platform available on Windows, OS X, and mobile(iOS and Android) and MT4 iPhone/Android versions. MT4 and MT5 provide various trading strategies but also implement EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows/OS X/Mobile(iOS/Android)	Experienced traders
MT4	✔	iPhone/Android	Junior traders

Deposit and Withdrawal

The minimum deposit is $1. 7FX Global accepts Wire Transfers, Visa, MasterCard, Visa Qiwi Wallet, Neteller, Payeer, Bitcoin, Skrill, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, and transfer processing times and associated fees are unknown.