Boston Merchant Financial vs C 7 Traders, for 2024
Charles Seymour
Last Updated: 29-Mar-2024
Boston Merchant Financial Rating
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C 7 Traders Rating
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Losses can exceed deposits |
Your capital is at risk |
Boston Merchant Financial vs C 7 Traders Guide |
Read our In-Depth Boston Merchant Financial vs C 7 Traders Review - 2024 Update
Our review comparing Boston Merchant Financial and C 7 Traders has been updated to reflect any changes for 2024 by seasoned professionals boasting years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Boston Merchant Financial vs C 7 Traders does not apply to all countries as follows:
Boston Merchant Financial Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
C 7 Traders Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Boston Merchant Financial vs C 7 Traders
Every platforms for online trading has some ups and downs, and a complete Boston Merchant Financial and C 7 Traders review should not be regarded as thorough without adopting a balanced approach.
Assess Boston Merchant Financial and C 7 Traders to get a better understanding of the way they stack up with each before you decide to open an account. Performing a comparative analysis helps to bring aspects into perspective so that you remain informed about the expectations.
So you are looking for a broker and are choosing between Boston Merchant Financial or C 7 Traders. Who is better in 2024?
This Boston Merchant Financial vs C 7 Traders comparison contains the latest information so you can easily compare C 7 Traders against Boston Merchant Financial.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll get adept at all the concepts of broker since you keep trading. For starters, you need to select the ideal broker who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. Boston Merchant Financial and C 7 Traders are just two such trading platforms that will take you along with your investment to great heights. It's important that you compare Boston Merchant Financial vs C 7 Traders until you trust them with your money.
Our Boston Merchant Financial vs C 7 Traders comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Boston Merchant Financial and C 7 Traders side by side.
Our full Boston Merchant Financial vs C 7 Traders Review covers everything you need to learn about trading using either Boston Merchant Financial or C 7 Traders. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
Boston Merchant Financial and C 7 Traders are both brokers which have forged their way successfully into the brokerage world. In this review, we've tried to collate a number of the important aspects of both Boston Merchant Financial and C 7 Traders. This review will allow you to know whether either C 7 Traders or Boston Merchant Financial is a fantastic fit for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Benefits of Boston Merchant Financial and C 7 Traders Compared
Boston Merchant Financial offers a minimum deposit of $50 while C 7 Traders has a $100 minimum deposit.
Why smaller minimum deposits are good and how Boston Merchant Financial and C 7 Traders compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Boston Merchant Financial allows you to trade around 100 financial instruments whilst C 7 Traders allows you to trade around 100 financial instruments available.
The more financial instruments you can trade on the Boston Merchant Financial and C 7 Traders trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Boston Merchant Financial or C 7 Traders.
Boston Merchant Financial and C 7 Traders Contact Details
Being able to contact a broker through many ways is important. Boston Merchant Financial and C 7 Traders have the following contact details and social medias that you can use.
Broker | Boston Merchant Financial | C 7 Traders |
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Boston Merchant Financial Twitter Account | C 7 Traders Twitter Account | |
Boston Merchant Financial Facebook Page | C 7 Traders Facebook Page | |
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Boston Merchant Financial LinkedIn Page | C 7 Traders LinkedIn Page | |
YouTube | Boston Merchant Financial YouTube Channel | C 7 Traders YouTube Channel |
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C 7 Traders and Boston Merchant Financial Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Boston Merchant Financial and C 7 Traders will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Boston Merchant Financial vs C 7 Traders - Awards
Boston Merchant Financial vs C 7 Traders - Frequently Asked Questions
Boston Merchant Financial vs C 7 Traders - Headquarters And Year Of Founding
Boston Merchant Financial was founded in 1988 and has its head office in Dubai.
C 7 Traders was founded in 2014 and has its headquaters in Vanuatu.
What is the minimum deposit for C 7 Traders or Boston Merchant Financial
The minimum deposit for Boston Merchant Financial is $50.
The minimum deposit for C 7 Traders is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Boston Merchant Financial and C 7 Traders are a good option.
Boston Merchant Financial vs C 7 Traders - Regulation And Licencing In More Detail
Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC).
C 7 Traders is regulated by Unregulated.
C 7 Traders is unregulated but Boston Merchant Financial has a strong set of rules for ensuring fair trading on its platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their individual privacy policy, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Boston Merchant Financial vs C 7 Traders Commission And Fees
Boston Merchant Financial and C 7 Traders are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first kind of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are billed when you maintain a leveraged position for longer than daily.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They're billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither Boston Merchant Financial or C 7 Traders charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by Boston Merchant Financial and C 7 Traders are comparatively competitive. As a result, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This Boston Merchant Financial vs C 7 Traders review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Boston Merchant Financial And C 7 Traders
What Languages Do Boston Merchant Financial And C 7 Traders Support?
Being able to chat completely with your online platform is a key way of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both Boston Merchant Financial and C 7 Traders support.
Broker | Boston Merchant Financial | C 7 Traders |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do Boston Merchant Financial and C 7 Traders Have?
Both Boston Merchant Financial and C 7 Traders are well known and trusted. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users Boston Merchant Financial and C 7 Traders are working with
Broker | Boston Merchant Financial | C 7 Traders |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Boston Merchant Financial and C 7 Traders Accept?
Boston Merchant Financial and C 7 Traders both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Boston Merchant Financial and C 7 Traders
What Can You Trade With Boston Merchant Financial and C 7 Traders?
Boston Merchant Financial offers 100 trading instruments while C 7 Traders offers 66.
Below you will find a full breakdown of what both Boston Merchant Financial and C 7 Traders offer.
Boston Merchant Financial Review
Boston Merchant Financial vs C 7 Traders:
Table Of Contents
- Compare Boston Merchant Financial vs C 7 Traders
- Benefits of Boston Merchant Financial and C 7 Traders Compared
- C 7 Traders and Boston Merchant Financial Mobile App Comparison
- Boston Merchant Financial vs C 7 Traders - Awards
- Boston Merchant Financial vs C 7 Traders - Frequently Asked Questions
- What is the minimum deposit for C 7 Traders or Boston Merchant Financial
- Boston Merchant Financial vs C 7 Traders - Regulation And Licencing In More Detail
- Compare Broker Fees For Boston Merchant Financial And C 7 Traders
- What Languages Do Boston Merchant Financial And C 7 Traders Support?
- How Many Clients Do Boston Merchant Financial and C 7 Traders Have?
- What Payment Methods Do Boston Merchant Financial and C 7 Traders Accept?
- What Can You Trade With Boston Merchant Financial and C 7 Traders?