7Bforex Journal (Broker out of business)
| Journal status: closed 7Bforex out of business |
7Bforex Profile
Website
7bforex.ng
Year
2018
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
not disclosed
LPs names
not disclosed
7Bforex Accounts
STP
Minimum Deposit
5000 ₦
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
2.1 pips
Commission
0 $/lotRT
Volume
1000 lots
Margin Call
70 %
Stop Out
50 %
Execution
Instant
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
NGN
Segregated accounts
no
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
Is 7Bforex safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is 7Bforex trusted?
- Information transparency: limited
★★ - Customer service: prompt, helpful
★★★★★ - 7Bforex website: semi-detailed, updated
★★★ - 7Bforex popularity (by visitor count): average
★★★
How 7Bforex works
The Client acknowledges that the only reliable source of quoting information is the base server for real Clients. Quotes on the trading platform cannot serve as a reliable source of quoting information, as an unstable connection between the trading platform and the server could result in some of the quotes not reaching the trading platform.
If when trading, the Client obtains profit through the use of artificial intelligence, specialized software, so-called “bots”, vulnerabilities in the exchange's software or Company's server, the Company reserves the right to review the financial outcome of the Client's transactions.
The Company has the discretion to limit the maximum number of trades purchased by the Client.
https://7bforex.com/client-agreement
Experience the fastest trade execution with our 24/7 straight-through-processing Servers. No Re-quote! No Delay! No Dealing Desk Issues! Your trades are executed in real-time.
https://7bforex.ng/
As a True STP (Straight-Through Processing) Broker, our server Time opens Weekly every Sunday at 00:05GMT (11:05pm, Nigerian Time) and closes on Friday 00:00 (11:00pm, Nigerian Time).
https://7bforex.ng/trading-condition
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