7XFX -Overview of Minimum Deposit, Spreads & Leverage

Note: 7xFx's official website - https://7xfx.com/ is currently inaccessible normally.

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

Is 7xFx Legit?

No. 7xFx currently has no valid regulations. Please be aware of the risk!

What Can I Trade on 7xFx?

Account Type

Leverage

The maximum leverage is significantly affected by what type of accounts you are holding.K

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

Deposit and Withdrawal

7xFx only accepts payments via Bitcoin.