W7BT Journal

Journal status: live
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W7BT Profile
Website
Year
2019
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Brazil, Canada, North Korea, Sudan, Syria, UK, US
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
1000 ms
LPs total
1
LPs quality
Other
LPs names
Advanced Markets

W7BT Accounts
ECN
Minimum Deposit
100 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.5 pips
Commission
15 $/lotRT
Volume
Unlimited
Margin Call
100 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Boleto, Bitcoin
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
none
Update broker

Is W7BT safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: ...
  • Negative Balance Protection: yes

Is W7BT trusted?

  • Information transparency: limited ★★
  • Customer service: not so helpful ★★
  • W7BT website: uninformative, updated ★★
  • W7BT popularity (by visitor count): low visits ★★

How W7BT works



W7 Broker & Trading is an established ECN forex broker serving both individual and corporate clients.


We don’t use a dealing desk, so we’re never taking the other side of your trades.
Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

Raw spreads. Receive premium pricing from Top Tier financial institutions.

Through the use of an automated transaction monitoring and risk management system, a Consulting W7 client’s account will never be allowed to reach negative balance.

3.4.1. In case of no force major circumstances, the Company uses fixed spread for fixed spread accounts, which is indicated on the Company official website. By variable spreads accounts spread is variable.


3.1.1. For conducting trades the "Instant Execution" quoting mechanism is used
Under the normal market conditions, it usually takes about 1-5 seconds to process an enquiry or an order.



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