Zeven Global Broker Review

Zeven Global Review 3

Latest All(3) Positive(2) Exposure(1)

Positive

Kyc/ deposits and withdrawals

Excellent customer service, very fast deposits and withdrawals. The platform for the IB is very easy to understand and use.

FX3450894520

04-15

Positive

excellent broker! with a perfect ecosystem

I am currently using zeven global, and I have been with them for a year and the experience has been great. The broker's conditions are very favorable, with low spreads and low commissions. I have been able to withdraw my profits without any problems. In fact, I operate a $15,000 account with them and I have never had an issue withdrawing my profits. When I make withdrawals, it takes no more than 25 minutes to reach my USDT account. Not to mention that I can trade live with the traders who work with them. Every day, I connect at 8:30 am and trade with different traders who provide live trading on the platform. They are well-known and highly respected traders in the industry. It has been of great help to my trading and personal growth as a trader. They have two regulations and have been in the industry for 2 years, winning two awards in 2023 and 2024. And in case you didn't know, they were acquired by a US business group, and the Americans don't make mistakes.

forexmogul

2024-12-09

Exposure

Broker does not pay and keeps your capital

It turns out that I signed up with ZEVEN because they offered me a 100% bonus, which means double my initial capital. I traded and when it came time to withdraw my profits, they blocked me. Then they told me to withdraw everything because they were going to disappear, and so I did. I received an email saying that my profits had been credited to me, but there is nothing in USDT in my Binance account. I considered it lost, but the broker has always been there because I coincidentally logged into the browser. However, they never paid me anything and I no longer have any capital. To fund a real account, I looked for a broker with a rating above 7, now I know that. Now it seems like I lost my money 😪😭

FX1004407000

2024-12-07

Zeven Global 2025 Review: Everything You Need to Know

　　Zeven Global, a brokerage firm registered in Costa Rica, has garnered mixed reviews from users and experts alike. While some traders praise its favorable trading conditions and educational resources, others raise significant concerns regarding its lack of regulatory oversight and potential risks. This review aims to provide a comprehensive overview of Zeven Global, highlighting its strengths and weaknesses based on user experiences and expert opinions.

　　Note: It is crucial to acknowledge that Zeven Global operates under different entities in various regions, leading to discrepancies in user experiences and regulatory compliance. This review aggregates information from multiple sources to ensure fairness and accuracy.

Ratings Overview

Category	Rating (Out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	5
Trading Setup (Experience)	6
Trustworthiness	3
User Experience	5

　　How We Rate Brokers: Our ratings are based on user feedback, expert analysis, and factual data regarding each broker's offerings and regulatory status.

Broker Overview

　　Zeven Global was established approximately 1-2 years ago and operates primarily in Costa Rica. This brokerage offers access to various financial instruments, including forex, indices, energy, share CFDs, precious metals, and ETFs. It utilizes the popular MetaTrader 5 (MT5) platform, known for its advanced features and user-friendly interface. Despite its offerings, Zeven Global currently lacks regulation from recognized financial authorities, raising concerns about client protection.

Detailed Information

Regulated Geographical Areas/Regions: Costa Rica (unregulated)
Deposit/Withdrawal Currencies/Cryptocurrencies: Supports various fiat currencies and cryptocurrencies, including USDT.
Minimum Deposit: $100 for the Cent account.
Bonuses/Promotions: Offers promotional bonuses, such as a 100% bonus, which has raised concerns among users regarding withdrawal conditions.
Tradable Asset Classes: Forex, indices, energy, share CFDs, precious metals, and ETFs.
Costs (Spreads, Fees, Commissions): Spreads start from 0.0 pips on certain accounts, with commissions varying by account type.
Leverage: Up to 1:400 for most accounts, with lower leverage for institutional accounts.
Allowed Trading Platforms: Primarily MT5, available on desktop and mobile devices.
Restricted Regions: Specific regions may have limitations due to regulatory issues.
Available Customer Service Languages: Primarily English and Spanish.

Ratings Revisited

Category	Rating (Out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	5
Trading Setup (Experience)	6
Trustworthiness	3
User Experience	5

Detailed Breakdown

　　Account Conditions: Zeven Global offers a range of account types, including a demo account with no minimum deposit requirement. However, the lack of regulation raises concerns about the safety of funds and the overall trading experience. Users have reported issues with withdrawals, particularly when promotional bonuses are involved, leading to a lower trust rating.
　　Tools and Resources: The brokerage provides comprehensive educational resources, including webinars and tutorials, which are beneficial for traders looking to enhance their skills. The MT5 platform is equipped with advanced trading tools, allowing for effective market analysis.
　　Customer Service and Support: Customer support has received mixed reviews, with some users praising the availability of assistance through various channels while others report slow response times and unresolved issues. This inconsistency contributes to a lower rating in this category.
　　Trading Setup (Experience): The trading experience on Zeven Global can vary significantly based on user feedback. While some traders appreciate the low spreads and favorable trading conditions, others have expressed concerns about the platform's reliability and execution speed, particularly during volatile market conditions.
　　Trustworthiness: The most significant concern surrounding Zeven Global is its lack of regulatory oversight. This absence of regulation raises red flags for potential investors, as it diminishes the protection typically afforded to clients by recognized financial authorities. Users have reported issues with withdrawals and access to funds, further contributing to the low trust rating.
　　User Experience: Overall user experience has been mixed, with some traders enjoying the platform's features and educational offerings, while others have faced challenges related to withdrawal processes and customer support. This dichotomy reflects the need for potential clients to conduct thorough research before engaging with Zeven Global.

　　In conclusion, while Zeven Global offers a variety of trading instruments and educational resources, its lack of regulatory oversight and mixed user experiences warrant caution for potential investors. It is advisable for traders to weigh the benefits against the risks before choosing to engage with this brokerage. As always, thorough research and due diligence are essential when selecting a broker in the forex market, particularly one like Zeven Global that has received mixed reviews.