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Seven Star FX review

Seven Star FX review: regulation (Yes), minimum deposit 250, leverage up to 1:500, platforms and current bonuses.

3.5of 5
Open account
Minimum deposit250
Max. leverage1:500
Spread from0.1 Pips
Founded2014

Trading conditions

Broker type
STP
Minimum deposit
250
Maximum leverage
1:500
Minimum spread
0.1 Pips
Platforms
MetaTrader 4 (MT4)
Account currencies
USD

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer
Withdrawal methods
Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer

Company

Regulation
Yes
Founded
2014
Country
Belize
Address
Belize City, Belize (Central America)
Website languages
Arabic English French Russian
Phone
+1 800 4960 456
Email or Skype
[email protected]

Seven Star FX pros and cons

Pros

  • Regulated by Yes
  • Raw spreads from 0.1 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4 (MT4)

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Seven Star FX FAQ

Is Seven Star FX a safe and regulated broker?

Seven Star FX was founded in 2014 and is regulated by Yes. Client funds are held in segregated accounts. Your protection depends on which Seven Star FX entity opens your account.

What is the minimum deposit at Seven Star FX?

The minimum deposit at Seven Star FX is 250. Payment providers may set their own minimum amount.

What is the maximum leverage at Seven Star FX?

Seven Star FX offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Seven Star FX offer a no deposit bonus?

No. Seven Star FX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Seven Star FX offer?

Seven Star FX supports MetaTrader 4 (MT4). Mobile trading is available.

Does Seven Star FX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Seven Star FX offer an Islamic (swap-free) account?

Yes. Seven Star FX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Seven Star FX – NoOpen account