SEVEN STAR FX Was Founded In 2004. SEVEN STAR FX Is Said To Be A Forex Trading Broker Based In Saint Vincent And The Grenadines. It Offers Its Clients An Industry Standard Metatrader4 Platform, Flexible Leverage Up To 1000:1, Variable Spreads On More Than 120 Financial Instruments, And Three Different Real-time Select Account Types And 24/5 Customer Support Services.

Market Tools

SEVEN STAR FX Advertises That It Offers Over 120 Trading Instruments Across Financial Marekt 7 Asset Classes, Including Currencies, Global Indices, Metals, Energy, Soft Commodities, CFD Futures, And Cryptocurrencies.

Account Types

Three Real Trading Accounts SEVEN STAR FX Are Available, In Addition To Demo Accounts, Namely Standard Account, Premium Account And Ecn. A Minimum Initial Deposit Amount Of $50 Is Required To Open A Standard Account, While The Minimum Initial Capital Requirements For The Other Two Account Types Are Much Higher, $500 And $5,000 Respectively. In Addition, The Broker Also Offers Pamm And Islamic Accounts. Pamm Accounts Start Trading From $100, While Islamic Accounts Are Also Known As Swap-free Accounts And Are Specifically Aimed At Traders Who Abide By Sharia Law.

Leverage

Traders Holding Different Account Types Can Enjoy Different Maximum Leverage Ratios. Clients Of Standard Accounts Can Enjoy Maximum Leverage Of Up To 1000:1, While Premium And ECN Accounts Can Experience Leverage Of Up To 500:1. Keep In Mind That Leverage Can Amplify Gains And Losses, And It Is Not Recommended For Inexperienced Traders To Use Excessive Leverage.

Spreads And Commissions

Spreads Are Affected By The Type Of Account Held By The Trader. SEVEN STAR FX Shows That Spreads Start From 1.3 Pips For Standard Accounts. Clients Of Premium Accounts Can Experience A Spread Of 1.0 Pips, While ECN Accounts Can Enjoy A Minimum Spread Of 0.0 Pips. As For Commissions, Clients With Only Ecn Accounts Will Be Charged A Commission Of $2.50 Per Side, While 0 Commission For Other Account Types.

Trading Platforms Available

When It Comes To Available Trading Platforms, SEVEN STAR FX Offers Traders The Most Trusted And Popular Metatrader4 Platform In The World. It Is Available In Three Different Versions, Including Mt4 Desktop, Mt4 Mobile, Mt4 Web Trading And Multi-trade. Mt4 Is Renowned As One Of The Most Successful, Efficient And Competent Forex Trading Software, Offering A Custom Interface With Advanced Order Management Tools, Real-time Quotes, Real-time Analysis, Multiple Indicators And More. And With Mt4 Mobile, You Can Transact Anytime, Anywhere Through Android And Ios End Points.

Deposit And Withdraw

SEVEN STAR FX Accepts Multiple Withdrawal Options, Including Bitcoin, Neteller, Skrill, Mastercard, Visa, Recurring Payments, Telegraphic Transfer, And Cryptocurrencies Such As Tether, Ethereum, And Litecoin. While Deposits Can Be Processed Through The Same Method, With The Addition Of Fasapay. The Minimum Deposit Requirement For Telegraphic Transfer Is $100, $50 For Tether, Ethereum, And Litecoin, And $5 For Others; While The Minimum Withdrawal Amount For All Available Payment Methods Is $50. The Maximum Deposit Amount For Neteller And Skrill Is $1,00,000, Visa Is $50,000, Fasapay And Mastercard Are $10,000, Regular Pay Is $3,000, And Others Are Unlimited; While There Is No Maximum Withdrawal Limit For Regular Payments And Telegraphic Transfers, Customers Can Request Withdrawals Up To The Amount They Have Deposited For Other Payment Methods. The Broker Says There Are No Fees, But Banking Institutions May Charge Some. Neteller, Skrill, Mastercard, Visa Charge A 1% Deposit Processing Fee, Fasapay Charges A 0.5% Processing Fee, And Bitcoin Is Free; While The Withdrawal Fee For Regular Payments Depends On The Corresponding Bank And Bitcoin, Neteller, Skrill, Mastercard, Visa And Telegraphic Transfer Free Withdrawals. Regarding The Processing Time Of Withdrawal Applications, Telegraphic Transfer Deposits Generally Take 2-7 Working Days, And Deposits By Other Means Can Be Processed Instantly; While Withdrawals With Mastercard, Visa And Regular Pay Take 2-10 Working Days, Withdrawals With Other Cards Are Instant.

Customer Support

SEVEN STAR FX Customer Support Can Be Contacted By Phone: + 13152772288, Email: Upport@sevenstarfx.com Or By Sending A Message Online. In Addition, You Can Follow The Broker On Some Social Media Platforms Such As Facebook, Twitter, Linkedin, Youtube And Instagram. Address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent And The Grenadines.