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SEVEN STAR FX Review - Is This Broker Legit and Safe? - WikiFX

WikiFX | 2025-04-27 12:33

摘要:SEVEN STAR FX is not regulated and does not provide services to certain regions. Both demo accounts and Islamic accounts are available.

SEVEN STAR FXReview Summary
Founded2008
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsCurrencies, indices, metals, energies, soft commodities, CFD futures, cryptocurrencies
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0.0 pips (ECN, VIP Account)
From 1.3 pips (Standard Account)
Trading PlatformMT5, MT4
Minimum Deposit$50
Copy Trading✅
Customer SupportContact form
Tel: +1 315 277 2288
Email: Support@sevenstarfx.com
Address: Level 5 The Core Building Cybercity Ebene, Republic of Mauritius
Social media: Instagram, YouTube, Twitter, Facebook, LinkedIn
Regional RestrictionsThe USA, UK, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus

SEVEN STAR FX was registered in 2008 in Mauritius, which offers trading services related to currencies, indices, energies, cryptos and so on. It provides three types of accounts, with a minimum deposit of $50 and a maximum leverage of 1:1000. What's more, it also provides demo accounts and Islamic accounts. However, it is not regulated and it does not provide services to certain regions.

SEVEN STAR FX's homepage

Pros and Cons

Pros Cons
MT4 and MT5 supportedHigh leverage ratio
Low minimum depositLack of regulation
Multiple channels for customer supportRegional restrictions
Demo account and Islamic accountCommission fees charged
Copy trading services provided
Long operation time
Popular payment options
Diverse tradable assets

Is SEVEN STAR FX Legit?

No, SEVEN STAR FX is not regulated by financial regulatory authorities in Mauritius, which means the company lacks regulation from its registration site. Please be aware of the risks!

No license
Domain information

What Can I Trade on SEVEN STAR FX?

SEVEN STAR FX provides a number of products, including currencies, indices, metals, energies, soft commodities, CFD futures, and cryptocurencies.

Tradable Instruments Supported
Currencies✔
CFD Futures✔
Metals✔
Energies✔
Soft Commodities✔
Indices✔
Cryptocurrencies✔
Stocks❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on SEVEN STAR FX?

Account Type & Fees

SEVEN STAR FX provides three types of accounts: Standard, ECN, and VIP Account. Besides, demo accounts and Islamic accounts are also available. Commission fees vary according to the types of accounts.

Account TypeMinimum DepositMaximum LeverageSpreadCommission
Standard$501:1000From 1.3 pips❌
ECN$5,0001:500From 0.0 pips$5
VIP$25,0001:500From 0.0 pips$2.5
Account comparison

Leverage

The leverage ranges from 1:500 to 1:1000, which are not low. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.

Trading Platform

SEVEN STAR FX uses MT4 and MT5 as its trading platforms. MT4 and MT5 are commonly used platforms, which are stable and safe.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobile, macBeginners
MT5✔PC, web, mobile, macExperienced traders
Trading Platform

Copy Trading

SEVEN STAR FX offers copy trading services, which enables clients to learn from top traders. Beginners can follow experienced traders, and they can explore their own trading strategies.

Copy Trading

Deposit and Withdrawal

SEVEN STAR FX supports a number of payment options.

Deposit Options Minimum Deposit Deposit Fees Deposit Processing Time
Bitcoin$5❌Instant
Neteller1%
Skrill1%
fasapay0.5%
MasterCard1%
VISA1%
RegularPay/
Wire Transfer$100/2-7 working days
Tether$50/Instant
Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Processing Time
Bitcoin$50❌Instant
Neteller❌Instant
Skrill❌Instant
MasterCard❌2-10 business days
VISA❌2-10 business days
RegularPayDepending on bank2-10 business days
Wire Transfer❌Instant
Tether❌Instant
Deposit
Withdrawal
LeverageDealerBrokerForex tradingForex Brokerforex pips

相关交易商

暂无监管
SEVEN STAR FX
公司名称:SEVEN STAR FX LTD
天眼评分
2.35
官方网址:https://sevenstarfx.com/
5-10年 | 监管牌照存疑 | 主标MT4 | 主标MT5
天眼评分
2.35

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