Company Summary
| SEVEN STAR FXReview Summary | |
| Founded | 2008 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Currencies, indices, metals, energies, soft commodities, CFD futures, cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips (ECN, VIP Account) |
| From 1.3 pips (Standard Account) | |
| Trading Platform | MT5, MT4 |
| Minimum Deposit | $50 |
| Copy Trading | ✅ |
| Customer Support | Contact form |
| Tel: +1 315 277 2288 | |
| Email: Support@sevenstarfx.com | |
| Address: Level 5 The Core Building Cybercity Ebene, Republic of Mauritius | |
| Social media: Instagram, YouTube, Twitter, Facebook, LinkedIn | |
| Regional Restrictions | The USA, UK, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus |
SEVEN STAR FX was registered in 2008 in Mauritius, which offers trading services related to currencies, indices, energies, cryptos and so on. It provides three types of accounts, with a minimum deposit of $50 and a maximum leverage of 1:1000. What's more, it also provides demo accounts and Islamic accounts. However, it is not regulated and it does not provide services to certain regions.
Pros and Cons
| Pros | Cons |
| MT4 and MT5 supported | High leverage ratio |
| Low minimum deposit | Lack of regulation |
| Multiple channels for customer support | Regional restrictions |
| Demo account and Islamic account | Commission fees charged |
| Copy trading services provided | |
| Long operation time | |
| Popular payment options | |
| Diverse tradable assets |
Is SEVEN STAR FX Legit?
No, SEVEN STAR FX is not regulated by financial regulatory authorities in Mauritius, which means the company lacks regulation from its registration site. Please be aware of the risks!
What Can I Trade on SEVEN STAR FX?
SEVEN STAR FX provides a number of products, including currencies, indices, metals, energies, soft commodities, CFD futures, and cryptocurencies.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| CFD Futures | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Soft Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
SEVEN STAR FX provides three types of accounts: Standard, ECN, and VIP Account. Besides, demo accounts and Islamic accounts are also available. Commission fees vary according to the types of accounts.
| Account Type | Minimum Deposit | Maximum Leverage | Spread | Commission |
| Standard | $50 | 1:1000 | From 1.3 pips | ❌ |
| ECN | $5,000 | 1:500 | From 0.0 pips | $5 |
| VIP | $25,000 | 1:500 | From 0.0 pips | $2.5 |
Leverage
The leverage ranges from 1:500 to 1:1000, which are not low. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.
Trading Platform
SEVEN STAR FX uses MT4 and MT5 as its trading platforms. MT4 and MT5 are commonly used platforms, which are stable and safe.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile, mac | Beginners |
| MT5 | ✔ | PC, web, mobile, mac | Experienced traders |
Copy Trading
SEVEN STAR FX offers copy trading services, which enables clients to learn from top traders. Beginners can follow experienced traders, and they can explore their own trading strategies.
Deposit and Withdrawal
SEVEN STAR FX supports a number of payment options.
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Processing Time |
| Bitcoin | $5 | ❌ | Instant |
| Neteller | 1% | ||
| Skrill | 1% | ||
| fasapay | 0.5% | ||
| MasterCard | 1% | ||
| VISA | 1% | ||
| RegularPay | / | ||
| Wire Transfer | $100 | / | 2-7 working days |
| Tether | $50 | / | Instant |
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Processing Time |
| Bitcoin | $50 | ❌ | Instant |
| Neteller | ❌ | Instant | |
| Skrill | ❌ | Instant | |
| MasterCard | ❌ | 2-10 business days | |
| VISA | ❌ | 2-10 business days | |
| RegularPay | Depending on bank | 2-10 business days | |
| Wire Transfer | ❌ | Instant | |
| Tether | ❌ | Instant |
FX3784306029
Malaysia
Seven Star FX made unreasonable verification requests and then they blocked my account, stopped replying to my emails, left everything behind and disappear. They didn't even return my initial deposit.
Exposure
Sanya
Australia
I opened a standard account on SEVEN STAR FX half a year ago, and it generally operates well. As a beginner, I also tried its copy trading service, which helped me a lot, and I gradually found my way. Nice service!
Positive
FX7085970492
United Arab Emirates
We have been working with Seven Star FX for many years we use their copy trading services and we made lots of profit in this broker and made withdrawal of our profit share all profit withdrawal of our clients and ours are coming on time average 2 hours of time I have attached some withdrawal transaction screenshots with Amount so all can understand how strong this broker is. I am recommended this broker 10000%
Positive
FX3581087598
India
I am trading with seven star fx since Jan2024 I am receiving my withdrawals on time same day , Trade execution also faster then other broker I highly recommended this broker
Positive
Summery
Turkey
SEVEN STAR FX delivers top-notch customer support and trading platforms! Their team is responsive and knowledgeable, and the platform is user-friendly.
Positive
harry810
India
Overall, my experience with Seven Star Broking Company has been extremely positive. Their commitment to providing excellent customer service, advanced trading tools, competitive pricing, and a secure trading environment makes them a standout choice for currency traders. Whether you are a beginner looking to start your trading journey or an experienced trader seeking a reliable broker, Seven Star Broking is an excellent choice. I highly recommend them to anyone interested in currency trading.
Positive
Jeet Trivedi
India
In my experience, Broker A stands out for its user-friendly platform, transparent pricing, and responsive customer service. I've found their execution speed to be reliable, making trading efficient and straightforward.
Positive
FX2341017212
United Arab Emirates
I have been trading with Seven Star FX broker since 2017 and I have never encountered any issues with them. I have successfully deposited funds into my account multiple times and have also made withdrawals without any delays. Overall, I am satisfied with the services provided by this broker.
Positive
sunny boy徐
United Kingdom
The deposit and withdrawal service is great! I haven't had any problems so far. Thanks for their hard work, it deserves a 5-star review!
Positive
FX1063267523
Thailand
This seven star fx is a good platform, offering both demo accounts and Islamic account… here you can also find some helpful educational resources and tools. I have registered a demo account and it is going well so far… I am deciding to switch to live account to make money…
Positive