Blitzbrokers
C 7 Traders
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while C 7 Traders was established in 2014 and is based in Vanuatu. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while C 7 Traders is regulated by Unregulated among others. Blitzbrokers serves 10,000+ clients worldwide; C 7 Traders has 10,000+. The minimum deposit is $1 at Blitzbrokers and $100 at C 7 Traders.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Securities and Futures Commission (SFC) | Unregulated |
| Founded | 1982 | 2014 |
| Country | Hong Kong | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and C 7 Traders, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at C 7 Traders). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while C 7 Traders supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and C 7 Traders compare. C 7 Traders runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. C 7 Traders publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. C 7 Traders maintains an archive of past webinars for on-demand viewing. C 7 Traders scores higher overall in education and research.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while C 7 Traders supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and C 7 Traders offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | C 7 Traders |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |