7 street foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://myportal.7streetcorporation.com/login/register, about the company's legal and temporary regulatory information, the company's address 11th Floor, Bramer House, Hotel Avenue, Ebene, Mauritius..
7 street Forex Broker
Basic information
Mauritius
1-2 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
7 street Information
7 street is a broker. Over 200 + tradable instruments include shares, commodities, indices, metals, and currencies. The broker also provides four accounts with a maximum leverage of 1:100, including Excellence, Infinite, Platinum, and Signature. The minimum spread is from 0.0 pips and the minimum deposit is $1,000. 7 street is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Various tradeable instruments | Unregulated |
| MT5 available | Demo account unavailable |
| Spread as low as 0.5 pips | No 24/7 customer support |
| Leverage up to 1:100 | |
| Commission-free |
Is 7 street Legit?
7 street is not regulated, even though it claims to be regulated by FSC. However, an unregulated broker is not as safe as a regulated one.
What Can I Trade on 7 street?
Traders can choose different investment directions because the broker provides traders with access to 30+ FX pairs, CDFs, shares, commodities, indices, metals, currencies, and more.
| Tradable Instruments | Supported |
| Shares | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Currencies | ✔ |
| Forex | ✔ |
| CDFs | ✔ |
Account Type
7 street has four account types: Excellence, Infinite, Platinum, and Signature. Traders who want low spreads can choose a Signature account.
| Account Type | Excellence | Infinite | Platinum | Signature |
| Minimum Deposits | $1000 | $10000 | $25000 | $100,000 |
| Commission | No | No | No | No |
| Spreads | From 2 pips | From 1.5 pips | From 1 pips | From 0.5 pips |
| Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
| Lot Size | 0.01 | 0.01 | 0.01 | 0.01 |
| Stop Out Level | 50% | 50% | 50% | 50% |
7 street Fees
The spread is from 0.0 pips, the commission is 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
7 street cooperates with the authoritative MT5 trading platform available on Desktop, Windows, and Mobile (iOS and Android) to trade. Traders with rich experience are more suitable for using MT5.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Desktop/Windows/Mobile (iOS/Android) |
Deposit and Withdrawal
The minimum deposit is $1,000. However, transfer processing times and associated fees are unknown.