7bforex broker review

On this page, we review the 7bforex broker. 7bforex broker has been providing services to traders since 2010. Stay with us for more information about this broker.

7bforex points

7bforex 60%

Broker name	7bforex
Established year	2010
Spread rate	average
Central office	Nigeria
Regulation	-
Minimum deposit	₦5,000
The easiest way to deposit and withdraw	Credit card, debit card

Cent Account

Copy Trading

Spread Reduction Trick

Islamic Account

Permission To Trade Scalping

What you will read on the 7bforex broker page:

What is 7bforex?

7Bforex is the name of one of the brokers located in Nigeria, which was established and opened to provide services to the residents of this country. This broker has three different types of trading accounts and supports various symbols for trading.

7bforex broker credit

Commenting on the credibility of brokers may seem very simple at first glance, but if we want to look at this issue with a closer look, we will realize how difficult it is; however, two very important factors are history and having a regulation confirming the credibility of a broker. In connection with the 7bforex broker, it should be said: This broker is unregulated and was established in 2010.

7bforex broker rules

Unfortunately, Seven Bay Forex broker does not have any regulations.

Where is the head office of 7bforex broker?

7bforex broker is located in Nigeria.

How many years of experience does a 7bforex broker have?

The history of the 7bforex broker can be considered average because this broker started operating in 2010, and more than ten years have passed since its start.

Table of introduction and comparison of account types in 7bforex broker

Profile / account name	CLASSIC	ELITE	STANDARD
Minimum deposit for opening	₦5,000	₦100,000	₦5,000
Spreads	Starting from 1.3	Starting from 1.9	Starting from 2.1
Commission	0	Starting from ₦25	Starting from ₦12.5
Maximum leverage	1:1000	1:1000	1:1000
Ability to trade currency pairs	Yes	Yes	Yes
Ability to trade stocks and indices	Yes	Yes	Yes
Possibility of digital currency trading	Yes	Yes	Yes
Scalp permission	Yes	Yes	Yes
Permission to use Expert	Yes	Yes	Yes

7bforex broker offers three different types of trading accounts to traders, which we will examine in detail below.

Opening a standard account in 7bforex broker

To open a standard account with 7bforex broker, you will need a minimum of ₦5,000; this account has a maximum leverage of 1:1000, and the spread starts from 2.1 pips. Also, the commission for this account starts from ₦12.5.

Opening an ELITE account in 7bforex broker

The minimum deposit to open this account is ₦100,000, and its spread starts from 1.9 pips; the maximum leverage or leverage factor that can be used in it is also 1 to 1000, and its commission starts from ₦25.

Opening a classic account in 7bforex broker

A minimum deposit of ₦5,000 is required to open a classic account at 7bforex broker. Traders can use the maximum leverage of 1 to 1000 in the classic account, also one of the great advantages of the 7bforex broker classic account is that there is no commission, the spread of this account also starts from 1.3 pips.

7bforex spread broker

The spread of 7bforex broker depends on the type of account as well as the market conditions, but in general, the minimum spread is 1.3 pips.

7bforex broker Islamic account

Unfortunately, the ability to use an Islamic account or an account without overnight swap is not active in the 7bforex broker, which is one of the disadvantages of 7bforex.

How much deposit can you open a real account in 7bforex broker?

Traders can open an account with 7bforex broker with a minimum deposit of ₦5,000 and benefit from the experience of working and trading with a real account.

Deposit and withdrawal in 7bforex broker

Deposit and withdrawal methods in 7bforex broker are very diverse and include: credit card, debit card, GT bank, Alat, UBA, etc. and users can use any of these methods that are easier for them.

7bforex broker bonus

Bonuses are incentive schemes that many brokers give to users. Some of these bonuses are withdrawable, and others are non-retractable, and traders can only deal with them, but the profit from trading is withdrawable. You can contact this broker’s support to get more information about active bonuses in 7bforex broker.

What documents are required to verify identity in 7bforex broker?

When opening an account in the 7bforex broker, users must enter information such as first and last name, email address, phone number, residential address, etc. on the main website of the 7bforex broker, and you can also get advice from the 7bforex support team if you need help. take advantage

Tradable assets and trading in 7bforex broker

The trading symbols of the 7bforex broker are very diverse and include digital currencies, energy, currency pairs, etc. It can be said that the 7bforex broker has performed very well in terms of the variety of trading symbols.

7bforex broker trading platforms

Many traders around the world prefer to use this platform because of the service and ease of use of Metatrader 4. You can click on the links below to download this platform.

MetaTrader 5

MetaTrader 4

Copy trading broker 7bforex

Copy Trade is one of the well-known and very important systems around the world, and many professional traders earn money using this system. If you are also a professional trader, you can make an excellent income by creating your strategy using this method. Earn financial markets; you should note that this system is not only for professionals; even if you are entirely unfamiliar with trading, you can earn money from the market by connecting to professional traders and copying their trades. But this system is not supported by Seven Bay Forex broker. Since choosing a professional trader to copy transactions requires sufficient information and expertise, you can contact us to receive free advice through the communication channels of the site, and our experts can ask any questions you may have regarding this attractive system. Please do it

7bforex broker scam

If you want to open an account with a broker, ensure that the broker has no history of fraud. Fortunately, we have not received any fraud reports from the 7bforex broker.

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