GENERAL INFORMATION AND REGULATIONS
7BForex Is An Online Trading Broker Based In Nigeria That Allows Traders To Buy And Sell Various Financial Marekts In Different Asset Classes, Such As Forex, Gold, Silver, Energy, Stocks, Etc. There Is Currently No Regulatory Information On The Broker's Website.
Market Tools
Executive Forex Offers 70 Currency Pairs, Cryptocurrency Pairs, Commodities, Stocks And Index CFDs.
Minimum Deposit
Three Trading Account Options Are Available At 7BForex: Standard (n5,000), Classic (n5,000) And Elite (n100,000) Accounts. There Is A Demo Account Option That Helps Traders Familiarize Themselves With The Broker's Trading Platform Before Opening A Live Trading Account. The Demo Account Is Loaded With Virtual Funds For Practice Purposes.
Leverage
7B Forex Offers Maximum Trading Leverage Of Up To 1:000, Which Is Considered High Leverage. Leverage Can Amplify Returns And Losses, And Investing In An Unregulated Broker That Offers Such Generous Leverage Is Not A Good Option.
Spreads And Commissions
7BForex Advertises That It Offers Low Spreads Starting From 0.0 Pips, But Does Not Specify Its Detailed Spreads On Specific Instruments.
Trading Platform Available
7BForex Provides Traders With A Metatrader 4 Trading Platform. It Is A Sophisticated Trading Platform. It Is Designed To Suit All Levels Of Traders Through A User-friendly And Versatile User Interface. It Features Charting Tools, Market Indicators, Scripts, Expert Advisors, Advanced Risk Management Tools, Real-time Market Execution, And More. The MT4 Trading Platform Is Available As A Desktop Application For Windows And Mac Computers As Well As A Mobile Application For Android And IOS Devices.
Deposit And Withdrawal
7BForex Accepts A Variety Of Payment Methods For Account Deposits And Withdrawals, Including Bank Cards Such As MasterCard, Visa, Verve, Etc. Traders Can Also Make Deposits And Withdrawals Using Their Online Banking Platforms: Gtbank, Firstbank, Uba, Sterling, Zenith, And Alat.
Customer Support
All Clients' General, Technical And Account-related Queries Can Be Sent To The Knowledgeable Customer Support Team, Who Are Available During Business Hours And Can Be Contacted Through The Following Contact Channels: Telephone, Email, Online Forms And Social Media.
Educational Resources
To Ensure Clients Make Informed Trading Decisions, The Broker Offers A Selection Of Educational Resources On Its Website. These Learning Materials Include Study Articles, Trading Guides, Blogs And FAQ Sections That Answer Some Common Questions Traders May Have.
