77markets-Overview of Minimum Deposit, Leverage, Spreads
Abstract： 77markets is an offshore regulated broker, offering trading on stocks, indices, commodities, forex and cryptos on WebTrader and TradingView trading platforms. The minimum deposit requirement is $250.
| 77markets Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Offshore Regulated) |
| Market Instruments | Stocks, indices, commodities, forex, cryptos |
| Demo Account | ❌ |
| Leverage | 1:300 |
| EUR/USD Spread | From 3 pips (DISCOVERYAccount) |
| Trading Platform | WebTrader, TradingView |
| Minimum Deposit | $250 |
| Customer Support | 24/5 support |
| Email: support@77markets.com | |
| Social media: WhatsApp, Facebook | |
| Regional Restrictions | The European Union, the United States |
77markets Information
77markets is an offshore regulated broker, offering trading on stocks, indices, commodities, forex and cryptos on WebTrader and TradingView trading platforms. The minimum deposit requirement is $250.
Pros and Cons
| Pros | Cons |
| No deposit/withdrawal fees | Offshore regulated |
| No demo accounts | |
| No MT4/MT5 platform | |
| High minimum deposit requirement | |
| Commission fees charged |
Is 77markets Legit?
77markets is licensed by FSA to offer services. It is offshore regulated. 77markets provides segregated accounts.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Leadcapital Corp Ltd | Retail Forex License | SD007 |
What Can I Trade on 77markets?
77markets offers trading on stocks, indices, commodities, forex and cryptos.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Forex | ✔ |
| Crypto | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types 77markets offers:
| Account Type | Minimum Deposit |
| DISCOVERY | $250 |
| GOLD | $10,000 |
| PLATINUM | $50,000 |
| EXCLUSIVE | $100,000 |
Leverage
77markets offers maximum leverage at 1:300. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
77markets Fees
| Account Type | EUR/USD Spread | Commossion (on shares) |
| DISCOVERY | From 3 pips | 0.2% + $10 |
| GOLD | From 1.4 pips | 0.2% + $10 |
| PLATINUM | From 1 pip | 0.2% + $10 |
| EXCLUSIVE | From 0.8 pips | 0.2% + $10 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web, IOS, Android | / |
| TradingView | ✔ | Web, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
77markets accepts payments via all major credit cards, e-wallets, local payment methods and wire transfers. 77markets charges no commission or fees on deposits and withdrawals.
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