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IFAFX-Overview of Minimum Deposit, Spreads & Leverage

C7 Traders Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-27 15:36

Abstract:Founded in 2024, C7 Traders is a forex broker registered in Vanuatu, providing trading in futures, indices, commodities, and energies with leverage up to 1:200 via the MT4 and Sirix platforms. However, the current status of VFSC offered by C7 Traders has been revoked.

  Note: C7 Traders' official website - https://www.c7traders.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

C7 Traders Review Summary
Founded2024
Registered Country/RegionVanuatu
RegulationVFSC (Revoked)
Market InstrumentsFutures, Indices, Commodities, Energies
Demo Account✅
LeverageUp to 1:200
SpreadVariable
Trading PlatformMT4, Sirix
Min Deposit$100
Customer SupportTel: +65 67107337, +44 7597 585 410
Email: support@c7traders.com, info@c7traders.com
QQ: 357532884
X: https://twitter.com/C7Traders
Facebook: https://www.facebook.com/c7traders
Company address: Govant Building, PO Box 1276, Port Vila, Vanuatu

  Founded in 2024, C7 Traders is a forex broker registered in Vanuatu, providing trading in futures, indices, commodities, and energies with leverage up to 1:200 via the MT4 and Sirix platforms. However, the current status of VFSC offered by C7 Traders has been revoked.

Pros and Cons

ProsCons
Multiple trading productsInaccessible website
Demo accountsNo regulation
MT4 supportUnclear fee structure
Popular payment options
Various contact channels

Is C7 Traders Legit?

  No. C7 Traders currently has no valid regulations. Instead, it only holds a revoked retail forex license from the Vanuatu Financial Services Commission (VFSC).

Regulatory Status Revoked
Regulated by Vanuatu Financial Services Commission (VFSC)
Licensed Institution VFSC
Licensed TypeRetail Forex License
Licensed Number14590
Revoked VFSC license
Domain information

What Can I Trade on C7 Traders?

Tradable InstrumentsSupported
Futures✔
Indices✔
Commodities✔
Energies✔
Forex❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Leverage

  The leverage of C7 Traders up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  C7 Traders provides MT4 on the web, iOS, and Android and SIRIX web platform.

Trading PlatformSupported Available Devices Suitable for
SIRIX✔Web/
MT4✔Web, iOS, and AndroidBeginners
MT5❌/Experienced traders

Deposit and Withdrawal

  C7 Traders accepts payments via bank wire transfer, credit/debit card, and e-wallets like Skrill, Neteller and China UnionPay.

Related broker

No Regulation
C7 Traders
Company name:C 7 TRADERS VANUATU LIMITED
Score
1.59
Website:https://www.c7traders.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Retail Forex License
Score
1.59

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