C 7 Traders
Direct FX
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Overview
C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while Direct FX was established in 2006 and is based in New Zealand. Both brokers are regulated by Unregulated, among other authorities. C 7 Traders serves 10,000+ clients worldwide; Direct FX has 10,000+. The minimum deposit is $100 at C 7 Traders and $1 at Direct FX.
| Feature | C 7 Traders | Direct FX |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Unregulated | Unregulated |
| Founded | 2014 | 2006 |
| Country | Vanuatu | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between C 7 Traders and Direct FX, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $100 at C 7 Traders). Neither broker charges withdrawal fees. Direct FX charges deposit fees; C 7 Traders does not. Overall, Direct FX scores higher on fees in our assessment.
| Feature | C 7 Traders | Direct FX |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
C 7 Traders offers MT5, cTrader, while Direct FX supports MT4, 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. Direct FX edges ahead on platform breadth and functionality in our scoring.
| Feature | C 7 Traders | Direct FX |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how C 7 Traders and Direct FX compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | C 7 Traders | Direct FX |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. C 7 Traders accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Direct FX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | C 7 Traders | Direct FX |
|---|---|---|
| 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 C 7 Traders and Direct FX 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 | C 7 Traders | Direct FX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |