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SEVEN STAR FX -

Score

2.34 /10
Danger

SEVEN STAR FX

Mauritius

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://sevenstarfx.com/

Influence

C

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index9.25

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

SEVEN STAR FX LTD

Company Abbreviation

SEVEN STAR FX

Platform registered country and region

Mauritius

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-05-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Seven Star FX Blocked My Account

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.

FX3784306029
2024-08-22 14:09
SEVEN STAR FX · Company summary
SEVEN STAR FXReview Summary
Founded2008
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsCurrencies, indices, metals, energies, soft commodities, CFD futures, cryptocurrencies
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0.0 pips (ECN, VIP Account)
From 1.3 pips (Standard Account)
Trading PlatformMT5, MT4
Minimum Deposit$50
Copy Trading✅
Customer SupportContact 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 RestrictionsThe 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.

SEVEN STAR FX's homepage

Pros and Cons

Pros Cons
MT4 and MT5 supportedHigh leverage ratio
Low minimum depositLack of regulation
Multiple channels for customer supportRegional restrictions
Demo account and Islamic accountCommission 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!

No license
Domain information

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❌
What Can I Trade on SEVEN STAR FX?

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 TypeMinimum DepositMaximum LeverageSpreadCommission
Standard$501:1000From 1.3 pips❌
ECN$5,0001:500From 0.0 pips$5
VIP$25,0001:500From 0.0 pips$2.5
Account comparison

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 PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobile, macBeginners
MT5✔PC, web, mobile, macExperienced traders
Trading Platform

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.

Copy Trading

Deposit and Withdrawal

SEVEN STAR FX supports a number of payment options.

Deposit Options Minimum Deposit Deposit Fees Deposit Processing Time
Bitcoin$5❌Instant
Neteller1%
Skrill1%
fasapay0.5%
MasterCard1%
VISA1%
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
RegularPayDepending on bank2-10 business days
Wire Transfer❌Instant
Tether❌Instant
Deposit
Withdrawal

User Reviews

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User comment

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Comments

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FX2341017212
more than one year
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.
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.
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2023-02-25 20:45
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FX7085970492
6-12months
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%
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%
Translate to English
2024-08-24 15:42
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