On this page, we review w7bt broker. W7 Broker & Trading is one of the newly established brokers that has been established and opened since 2019 with the aim of security, honesty, stability and confidentiality. Stay with us for more information about w7bt broker.
| Broker name | W7 Broker & Trading |
| Established year | 2019 |
| Spread rate | average |
| Central office | Saint Vincent and the Grenadines |
| Regulation | - |
| Minimum deposit | 100 $ |
| The easiest way to deposit and withdraw | bitcoin |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
w7bt is the name of one of the brokers whose services traders can trade in the financial markets. This broker offers users three different trading accounts that allow trading symbols such as digital currencies, currency pairs, precious metals, etc.; you can experience trading in this broker using a trial or demo account. Win in the market without risking your capital.
Maybe you also have a question, how to identify a reliable broker from other brokers and what are the characteristics of a reliable broker? In response to this question, it should be said: first, you should check whether the broker you are considering is regulated or not; regulators are actually organizations that monitor the activities of brokers, so obviously, a regulated broker has better quality services, then you should Check how many years have passed since the beginning of the activity of the broker in question. If the broker you are considering has more than ten years of history, traders can work with that broker more confidently. Let’s examine w7bt; we must say that this broker is unregulated and started its activity in 2019.
Unfortunately, w7bt broker is not under the supervision of any regulatory organization.
W7bt broker is headquartered in Saint Vincent and the Grenadines.
w7bt broker was established and opened in 2019.
| Profile / account name | Privilege ecn | Professional ecn | Standard ecn |
|---|---|---|---|
| Minimum deposit for opening | 100000 $ | 10000 $ | 100 $ |
| Spreads | Starting from 0.7 | Starting from 1 | Starting from 1.5 |
| Commission | $5 per lot traded | $6 per lot traded | $7.5 per lot traded |
| Maximum leverage | 1:200 | 1:200 | 1:200 |
| 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 |
According to the above table, we find out that w7bt broker offers three different trading accounts to traders, which we will introduce in detail below.
You can open a standard ecn account in w7bt broker with a minimum deposit of 100 dollars, this account has a maximum leverage of 1:200, and the spread starts from 1.5 pips. The broker receives 7.5 dollars per lot trade from traders as a commission.
In order to open a professional ecn account in w7bt broker, you must deposit at least $10,000 to this broker, this broker has a commission of $6 per lot, and the spread starts from 1 pip, as well as the maximum amount of leverage Usable in this broker is 1:200.
The minimum deposit amount to open a Privilege ecn account in w7bt broker is 100,000 dollars, the commission of this account is less than other accounts of this broker, and it is 5 dollars per lot; the spread also starts from 0.7 pips, and traders can In it, use the maximum leverage of 1:200.
The spread of w7 broker & trading in its three trading accounts starts from different amounts; the lowest starting spread in this broker is 0.7 pips, and the highest starting spread in this broker is 1.5 pips.
According to the reviews we have done on the w7 broker & trading website, it seems that this broker does not offer an Islamic account or no overnight swap.
The minimum amount of capital required to open an account in the W7BT broker is $100. However, you should note that the minimum deposit of other w7bt broker accounts requires a relatively large minimum deposit, for example, $10,000 and $100,000.
Deposit and withdrawal methods in w7bt broker include: use of bitcoin, Neteller and sepa transfer
From our review of w7bt broker’s website, this broker has not published any information about offering any bonuses on its main website, and it seems that it does not offer any bonuses.
To open an account with w7bt broker, you must send information such as your email address, phone number and ID card to this broker’s support.
W7bt broker offers traders a wide range of symbols for trading, such as digital currencies, currency pairs, precious metals, stocks and indices, etc.
The only trading platform used in w7bt broker is MetaTrader 5, which you can download through the links below.
One of the advantages of opening an account in w7bt broker is providing a PAMM account; this method is one of the easy ways to earn dollars from the market; you can contact us for more information about the PAMM account through the site’s communication channels.
One of the best ways to ensure that a broker is not a fraud is to check the opinions of many users of the broker you are considering and find out about the quality of the broker’s services. Various we have not received any specific report of fraud or violation.
