OctaFX vs C 7 Traders, Who's The Best?
OctaFX Rating
|
C 7 Traders Rating
|
Losses can exceed deposits |
Your capital is at risk |
OctaFX vs C 7 Traders Guide |
Read our In-Depth OctaFX vs C 7 Traders Review - for 2024
This OctaFX vs C 7 Traders review has been refreshed to reflect any changes for 2024 by industry experts with years of expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of OctaFX vs C 7 Traders does not apply to all countries as follows:
OctaFX 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 OctaFX vs C 7 Traders
Each online trading platforms will have certain ups and downs, so a complete review of OctaFX and C 7 Traders cannnot be regarded as thorough without adopting a fair assessment.
Assess C 7 Traders and OctaFX to get a better understanding of just how they stack up with one another before you open an account. Conducting a comparative analysis will put things in perspective so that you're informed about the expectations.
So you are looking for a professional broker and are choosing between OctaFX or C 7 Traders. Who is better in 2024?
This OctaFX vs C 7 Traders comparison contains the most recent information so you can easily compare C 7 Traders against OctaFX.
If you're a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of broker as you continue trading. For starters, you need to choose the right agent who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. OctaFX and C 7 Traders are two such trading platforms that will take you along with your investment into great heights. It's important to compare OctaFX vs C 7 Traders before you trust them with your money.
Our OctaFX vs C 7 Traders comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust OctaFX and C 7 Traders side by side.
Our entire OctaFX vs C 7 Traders Review covers everything you need to learn about trading using either OctaFX or C 7 Traders. A fantastic agent can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
OctaFX and C 7 Traders are both brokers that have paved their way successfully to the brokerage world. In this review, we've attempted to collate a number of the vital facets of both OctaFX and C 7 Traders. This review can help you to understand whether either C 7 Traders or OctaFX is a good fit for your investments or not. We have tried to breakdown all of the features and charges for your advantage.
Benefits of OctaFX and C 7 Traders Compared
OctaFX has a minimum deposit of $5 while C 7 Traders offers a $100 minimum deposit.
Why smaller minimum deposits are good and how OctaFX 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.
OctaFX has around financial instruments while C 7 Traders has around on their platform.
The more financial instruments you can trade on the OctaFX 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 never want to miss out on a trading opportunity due to the limitations of OctaFX or C 7 Traders.
OctaFX and C 7 Traders Contact Details
Being able to contact your broker through many ways is important. OctaFX and C 7 Traders have the following contact details and social medias that you can use.
Broker | OctaFX | C 7 Traders |
---|---|---|
Telephone Number | ||
smm@octafx.com | ||
Address | 133 HOUNDSDITCH, London, Greater London EC3A 7BX | |
OctaFX Twitter Account | C 7 Traders Twitter Account | |
OctaFX Facebook Page | C 7 Traders Facebook Page | |
OctaFX Instagram Account | C 7 Traders Instagram Account | |
OctaFX LinkedIn Page | C 7 Traders LinkedIn Page | |
YouTube | OctaFX YouTube Channel | C 7 Traders YouTube Channel |
Find Out More |
|
|
C 7 Traders and OctaFX Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing OctaFX and C 7 Traders will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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?
OctaFX vs C 7 Traders - Awards
OctaFX vs C 7 Traders - Frequently Asked Questions
OctaFX vs C 7 Traders - Headquarters And Year Of Founding
OctaFX was founded in 2014 and has its headquaters in St. Vincent and the Grenadines.
C 7 Traders was founded in 2014 and has its headquaters in Vanuatu.
What is the minimum deposit for C 7 Traders or OctaFX
The minimum deposit for OctaFX is $5.
The minimum deposit for C 7 Traders is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both OctaFX and C 7 Traders are a good choice.
OctaFX vs C 7 Traders - Regulation And Licencing In More Detail
OctaFX is regulated by Financial Conduct Authority (FCA).
C 7 Traders is regulated by Unregulated.
C 7 Traders is unregulated but OctaFX has a powerful collection of rules for ensuring fair trading onto its own platforms. For data encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their own privacy regulation, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare OctaFX vs C 7 Traders Commission And Fees
OctaFX and C 7 Traders are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this objective.
The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you're paying a spread, financing rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither OctaFX or C 7 Traders charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by OctaFX and C 7 Traders are relatively higher. As a result, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This OctaFX vs C 7 Traders review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For OctaFX And C 7 Traders
Broker | OctaFX | C 7 Traders |
---|---|---|
Minimum Deposit | $5 | $100 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | No | No |
CFD Fees | No | No |
Find Out More |
|
|
What Languages Do OctaFX And C 7 Traders Support?
Being able to talk easily with your trading platform is a key part of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find the languages that both OctaFX and C 7 Traders offer communication in.
Broker | OctaFX | C 7 Traders |
---|---|---|
Languages Supported | English | English, and Chinese |
Find Out More |
|
|
How Many Clients Do OctaFX and C 7 Traders Have?
Both OctaFX and C 7 Traders are well known and trusted. It is important to work with a broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers OctaFX and C 7 Traders are working with
Broker | OctaFX | C 7 Traders |
---|---|---|
Clients / Users | 30,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do OctaFX and C 7 Traders Accept?
OctaFX 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 OctaFX and C 7 Traders
Broker | OctaFX | C 7 Traders |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | |
Neteller | Yes | No |
Find Out More |
|
|
What Can You Trade With OctaFX and C 7 Traders?
OctaFX offers trading instruments and C 7 Traders offers 66.
Below you will find a full breakdown of what both OctaFX and C 7 Traders offer.
OctaFX Review
OctaFX vs C 7 Traders:
Table Of Contents
- Compare OctaFX vs C 7 Traders
- Benefits of OctaFX and C 7 Traders Compared
- C 7 Traders and OctaFX Mobile App Comparison
- OctaFX vs C 7 Traders - Awards
- OctaFX vs C 7 Traders - Frequently Asked Questions
- What is the minimum deposit for C 7 Traders or OctaFX
- OctaFX vs C 7 Traders - Regulation And Licencing In More Detail
- Compare Broker Fees For OctaFX And C 7 Traders
- What Languages Do OctaFX And C 7 Traders Support?
- How Many Clients Do OctaFX and C 7 Traders Have?
- What Payment Methods Do OctaFX and C 7 Traders Accept?
- What Can You Trade With OctaFX and C 7 Traders?