⭐ Seven Star FX Journal
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Seven Star FX Profile
Website
Year
2004
Country
Belize
Branches
1
Regulation
not regulated
Registration
FSC Mauritius
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Brazil, Canada, Cyprus, Haiti, Japan, Mauritius, North Korea, Puerto Rico, Suriname, UK, US
Broker type
MM, ECN-style pricing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Principal
Operating as
Principal, Matched Principal
Tier
3
Execution speed
15 ms
LPs total
17
LPs quality
Tier-1 Banks
LPs names
Bank of America, Citibank, HSBC, Morgan Stanley, RBS, UBS
Seven Star FX Accounts
MM
ECN
RAW
Minimum Deposit
50 $
5000 $
25000 $
Leverage
1000 : 1
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.1 lots
100000 lots
EURUSD spread
1.3 pips
0 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
5 $/lotRT
Volume
Unlimited
Unlimited
100 lots
Margin Call
100 %
100 %
50 %
Stop Out
50 %
50 %
0 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
yes
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, RegularPay, Bitcoin, Tether, Ethereum, Litecoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: Seven Star FX broker profile
Is Seven Star FX safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSC Mauritius
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Seven Star FX trusted?
- Information transparency: limited
★★ - Customer service: not so helpful
★★ - Seven Star FX website: semi-detailed, updated
★★★ - Seven Star FX popularity (by visitor count): low visits
★★
How Seven Star FX works
No Dealing Desk
Trade transparently with the best stp broker, offering no dealing desk execution
https://sevenstarfx.com/
What type of broker are you?
We are a Straight Through Process (STP), Direct Market Access (DMA), Non-Dealing Desk (NDD) brokerage firm, we do not hold the clients’ positions and we send the positions directly to our liquidity providers.
We are a Straight Through Process (STP), Direct Market Access (DMA), Non-Dealing Desk (NDD) brokerage firm, we do not hold the clients’ positions and we send the positions directly to our liquidity providers.
https://www.sevenstarfx.com/faqs
In regard to transactions in financial instruments with the
Company, the Company is using an Electronic Trading Platform for transactions in Financial
Instruments which does not fall into the definition of a recognized exchange as this is not a
multilateral trading facility and the Company is always the counterparty in every
client/customer/investor transaction.
https://www.sevenstarfx.com/wp-content/uploads/2015/09/General-Risk-Disclosure-1.pdf
In the light of the risks involved, you should undertake transactions only if you understand the nature of the contractual relationship into which you are entering and the extent of your exposure to risk.
https://www.sevenstarfx.com/upload/pdf/55148.pdf
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