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Rating Index

Pros

Lack of regulation and transparency may appeal to certain traders seeking high-risk opportunities.
Promises of advanced technology and financial expertise may attract inexperienced traders looking for guidance.
Potential for high returns could entice investors willing to take significant risks.

Cons

No regulatory license or oversight, raising significant concerns about legitimacy and safety of funds.
Negative reviews and reports indicate a high likelihood of scams and inability to withdraw funds.
Unrealistic promises of quick and substantial earnings may lead to financial losses for clients.

7 street Company

7 Street Company: A Comprehensive Overview

Company Overview

Founding Date and Background

7 Street Company, also known as 7Street Corporation, was founded in 2008. The company was established with a vision to provide advanced trading solutions and services in the financial markets, focusing on forex, metals, indices, stocks, and derivatives. The founder, Chetan Badhai, has over 15 years of experience in the trading industry, which has significantly influenced the company's approach to market dynamics and technical analysis.

Parent Company/Ownership Structure

7 Street Company operates independently, with its ownership structure consisting of private stakeholders. The firm is not publicly traded and maintains a focused approach to its operations without the complexities of public ownership.

Headquarters Location

The headquarters of 7 Street Company is situated in Dubai, United Arab Emirates. This strategic location allows the firm to tap into one of the world's most dynamic financial hubs, providing access to a diverse range of clients and markets.

Global Business Scope

7 Street Company has positioned itself as a significant player in the financial services sector across the Middle East, Asia, and Africa. The firm caters to individual traders, institutional clients, and corporations, offering tailored trading solutions that align with their unique financial goals.

Main Regulatory Bodies

7 Street Company is subject to regulations from various financial authorities, depending on the jurisdictions in which it operates. This includes compliance with the UAE's financial regulatory frameworks and other relevant international standards.

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Company History and Development

Key Milestones

Since its inception, 7 Street Company has achieved several key milestones, including the successful launch of its trading platform, the introduction of advanced trading tools, and the establishment of a robust client base across various regions.

Business Expansion Journey

The company has experienced steady growth, expanding its services from primarily forex trading to include a diverse range of financial instruments. This expansion has been driven by the increasing demand for comprehensive trading solutions among retail and institutional clients.

Customer Base Growth

7 Street Company has witnessed significant growth in its customer base, attracting traders from various backgrounds, including novice investors and seasoned professionals. The firms commitment to providing excellent customer service and educational resources has been pivotal in this growth.

Platform Development History

The trading platform developed by 7 Street Company is designed to offer users a seamless trading experience. Over the years, the platform has undergone numerous upgrades to incorporate advanced features such as automated trading systems, technical analysis tools, and risk management strategies.

Important Awards or Recognitions Received

While specific awards may not be extensively documented, 7 Street Company has gained recognition for its innovative trading solutions and customer service excellence within the financial community.

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Trading Services Offered

Forex Trading Options

7 Street Company offers an extensive range of forex trading options, providing access to over 50 currency pairs. This includes major, minor, and exotic pairs, allowing traders to diversify their trading strategies effectively.

Stock Trading Options

The company provides stock trading services across various global markets. Clients can trade shares of major corporations, benefiting from competitive spreads and real-time market data.

CFD Trading Products

7 Street Company offers Contracts for Difference (CFDs) on a wide array of assets, including indices, commodities, and cryptocurrencies. This allows traders to speculate on price movements without owning the underlying assets.

Other Financial Instruments

In addition to forex and stock trading, 7 Street Company also offers trading in commodities such as gold and oil, as well as cryptocurrencies. This diverse portfolio enables clients to explore various market opportunities.

Special Services or Unique Advantages

One of the unique advantages of 7 Street Company is its focus on technical analysis and risk management strategies. The firm provides clients with educational resources, including webinars and market analysis, to enhance their trading skills and knowledge.

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Detailed Regulatory Information

7 Street Company is regulated by several financial authorities, ensuring compliance with industry standards and practices. Key regulatory bodies include:

  • The Dubai Financial Services Authority (DFSA)
  • The Securities and Commodities Authority (SCA) of the UAE
  • International regulatory standards applicable to the regions in which it operates

The legal structure of 7 Street Company may vary based on the jurisdiction. In the UAE, it operates as a limited liability company, adhering to local business laws and regulations.

Client Fund Protection Measures

To protect client funds, 7 Street Company implements strict segregation of client accounts. This ensures that clients' funds are kept separate from the companys operational funds, providing an added layer of security.

Countries/Regions Served

7 Street Company serves clients primarily in the Middle East, Asia, and Africa. The firm has plans to expand its reach further into emerging markets, capitalizing on the growing demand for trading services.

Compliance History

The company maintains a strong compliance history, consistently adhering to regulatory requirements. This commitment to compliance helps to build trust and credibility among its clients.

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Competitive Landscape

3-5 Main Competitors

7 Street Company faces competition from several established firms in the trading industry, including:

  1. FXTM (ForexTime) - Known for its comprehensive forex trading services and educational resources.
  2. IG Group - A leading provider of trading services across multiple asset classes.
  3. OANDA - Offers a wide range of forex trading options and advanced trading tools.
  4. eToro - Known for its social trading platform, attracting a diverse range of traders.

Positioning in the Industry

7 Street Company positions itself as a client-centric trading firm, focusing on personalized services and advanced trading technology. Its emphasis on technical analysis and risk management sets it apart from competitors.

Market Differentiation Factors

The primary factors that differentiate 7 Street Company in the market include its robust educational offerings, advanced trading platform, and a strong focus on customer service. The firms commitment to helping clients develop their trading skills is a significant draw for new and experienced traders alike.

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In conclusion, 7 Street Company has established itself as a reputable trading firm within the financial services industry. With a commitment to customer service, regulatory compliance, and innovative trading solutions, it continues to grow and adapt to the evolving market landscape. For those interested in exploring trading opportunities, 7 Street Company offers a comprehensive suite of services designed to meet the diverse needs of its clients.

Learn more about 7 Street Company and its offerings today.