B

C 7 Traders

5.9/10

ForexTB

5.8/10
3/10RegulationWinner6/10
8/10WinnerFees1/10
7/10PlatformsWinner9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while ForexTB was established in 2015 and is based in Cyprus. C 7 Traders holds licences including Unregulated, while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. C 7 Traders serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $100 at C 7 Traders and $250 at ForexTB.

C 7 Traders wins this category
FeatureC 7 TradersForexTB
Min. Deposit$100$250
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC), CIF license number 272/15
Founded20142015
CountryVanuatuCyprus
Clients10,000+5,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and ForexTB, directly affecting your bottom line as a trader. C 7 Traders has a lower barrier to entry with a minimum deposit of $100 (vs $250 at ForexTB). Neither broker charges withdrawal fees. Overall, C 7 Traders scores higher on fees in our assessment.

C 7 Traders wins this category
FeatureC 7 TradersForexTB
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

C 7 Traders offers MT5, cTrader, while ForexTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. C 7 Traders supports social and copy trading features, which ForexTB does not offer. ForexTB edges ahead on platform breadth and functionality in our scoring.

ForexTB wins this category
FeatureC 7 TradersForexTB
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how C 7 Traders and ForexTB 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.

Tied
FeatureC 7 TradersForexTB
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

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 ForexTB supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureC 7 TradersForexTB
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 ForexTB 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.

Tied
FeatureC 7 TradersForexTB
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese