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77Markets Review

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77Markets was founded rather recently. It offers 400 assets, including stocks, forex, indices, and commodities. This broker has 24-5 multilingual support for its clients, and it also offers reliable mobile and web platforms like WebTrader and MetaTrader 5. As a brand name of the parent company Leadcapital Corp. Ltd., 77Markets is based in the Seychelles and regulated by the FSA. Read through to see what other features this new broker has to offer.

Pros and Cons

Pros

  • Wide Asset Range
  • Responsive Customer Support
  • 1-On-1 Training Offered
  • MT5 Available
  • WebTrader Available

Cons

  • High Minimum Deposit
  • Limited Country Range

Recommended For

It appears that this broker goes out of its way to help new clients, though there are not many educational resources on the websites. There is, however, the opportunity for one-on-one personal training to discuss strategies. Based on what 77Markets offers, including its platforms and customer support, we say that this broker is suitable for intermediate to advanced traders. Before signing up with this broker, it might be wise to have at least a basic knowledge of trading. Note: CFD trading is very risky.

Top Features

  • Personalized Training. As mentioned, one of the best features of 77Markets is the opportunity for personalized training. When you sign up with this broker, you get a free one-on-one training session to discuss strategies and any questions you may have. During this session, you will also learn how to place your first trade and how to use the various platforms available.
  • Secure Broker. 77Markets prides itself on its security. In addition to being regulated, it also follows banking security protocols. It doesn’t pass on data to a third party, and financial and personal data are encrypted with SSI to secure your privacy.
  • Easy Account Opening. With this broker, it is not difficult to start trading. After you complete your registration, you will place a deposit, verify your account, pick and asset, and begin. The process is not complex or convoluted.
  • Customer Support. With 77Markets, you get 24/5 multilingual customer support via email or WhatsApp.  

Overview

  • Type of Broker Market Maker
  • Regulation & Licensing FSA of Seychelles
  • Clients Accepted from The Company maintains a Banned Country list that displays all countries that the Company does not offer services to. The list can be provided upon request.
  • Assets Offered 400 Assets
  • Platforms Available Platforms Available Web, Download, Mobile
  • Mobile Compatibility iOS, Android
  • Payment Types Accepted MasterCard, Maestro, Visa, Visa Electron, Skrill, Neteller, Discover, Diners Club International

Compliance & Regulation

77Markets is operated by an investment firm that is regulated by the FSA of the Seychelles. Its license number is SD007.

Reliability & Security

When you’re gauging the reliability of a broker, it is always wise to look at what platforms it uses. Though 77Markets is new, it has a leg-up in the industry because it offers WebTrader and MT5. These platforms are industry-standard, so you can count on them to almost always give you a glitch-free, smooth trading experience. Below are some details about these platforms:

  • This branded platform allows you access to 400 assets from financial markets around the world. You also get free analytical tools, lightning-fast execution, and features like limit and stop orders, Stop Loss, and Take Profit. With these features, you can control your positions and timing 24/7. The entire WebTrader concept is based around being able to execute trades quickly in a fast-paced trading environment.
  • MetaTrader 5 is the high-tech installment of the MT series, and it comes on the heels of the popular MetaTrader 4. MT5 has MT4’s functionality, as well as features like forward analytics, automated trading, over 350 assets, autotrading and signals, and many more advanced trading functions. You can access this platform through a Windows download or an iOS/Android app.

MT5 for Mac. Don’t feel left-out if you have a Mac. Mac users can download MT5 through a link provided at https://www.77markets.com/en/mac-metatrader. After you’ve downloaded the file, drag it to your app folder and open it.

User Experience

77Markets is a newer broker, so the jury is still out on whether users will have a good experience. There are not many reviews out there about the company, yet, but the features and customer support of this broker indicate that it is off to a strong start. As more and more people join 77Markets, there will no doubt be more reviews.

Final Thoughts

Though a newer broker, 77Markets appears to be starting out strong with its asset range, platforms, and 24/5 customer support. It offers WebTrader and MT5, as well as a personal one-on-one training session, among other features. It will be interesting to see where 77Markets goes from here.

Contact Info

laptop Website: www.77markets.com
laptop Email: support@77markets.com
location_on Company Address:
Suite 4A, Global Village, Jivan Complex, Mont Fleuri, Mahe Seychelles

FAQs

Q: How can I find CFD expiration dates?
A: Conveniently, 77Markets has its CFD expiration dates listed on its website in a table. You can access these dates at: https://www.77markets.com/en/cfds/rollovers-dates. The instrument and rollover date are listed prominently.

Q: Where do I open an account?
A: When you go to the 77Markets homepage, you will see a black icon titled “OPEN ACCOUNT” in the right-hand corner. Click this icon to begin the registration process.

Q: How can I contact 77Markets?
A: You can contact them through email and WhatsApp. The company is available 24 hours a day, from Sunday evening at 5 pm EST through Friday afternoon at 4 pm EST.

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