Basic Information
Registered Region 
Saint Vincent and the Grenadines
Saint Vincent and the GrenadinesOperating Period
2-5 years
Company Name
7xFx
Customer Service Email Address
cs@7xfx.com
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
7xFx
Saint Vincent and the Grenadines
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://7xfx.com/
Website
Rating Index
Contact
cs@7xfx.com
https://7xfx.com/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Website
Company Summary
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$25,000
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Updated：
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Official website
Website
7xfx.com
104.22.51.234Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
Note: 7xFx's official website - https://7xfx.com/ is currently inaccessible normally.
| 7xFx Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Energy commodities, cryptocurrencies, currency options/forex, ETFs, mutual funds, precious metals, soft commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:600 |
| Spread | From 0.2 pips |
| Trading Platform | Proprietary platform |
| Min Deposit | $500 |
| Customer Support | 24/7 live chat |
| Tel: +61272515861 | |
| WhatsApp: +447862133989 | |
| Email: cs@7xfx.com | |
| Facebook, Telegram, Twitter, YouTube | |
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
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Inactivity fee charged |
| Tight spreads | No MT4/MT5 platform |
| 24/7 live chat support | High minimum deposit requirement |
| Only accept Bitcoin payments | |
| Only email support |
Is 7xFx Legit?
No. 7xFx currently has no valid regulations. Please be aware of the risk!
What Can I Trade on 7xFx?
| Tradable Instruments | Supported |
| Energy commodities | ✔ |
| Cryptocurrencies | ✔ |
| Currency options/forex | ✔ |
| ETFs | ✔ |
| Mutual funds | ✔ |
| Precious metals | ✔ |
| Soft commodities | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
| Account Type | Min Deposit |
| STANDARD | $500 |
| 7XFX+ | $5,000 |
| Gold | $25,000 |
| Expert | $100,000 |
| Platinum | / |
Leverage
The maximum leverage is significantly affected by what type of accounts you are holding.K
| Account Type | Max Leverage |
| STANDARD | 1:100 |
| 7XFX+ | 1:200 |
| Gold | 1:400 |
| Expert | |
| Platinum | 1:600 |
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
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web, iPhone, Android, Tablet | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
7xFx only accepts payments via Bitcoin.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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