C 7 Traders
global prime
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Overview
C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while global prime was established in 2018 and is based in United Kingdom. C 7 Traders holds licences including Unregulated, while global prime is regulated by ASIC (Australia): Main regulation among others. C 7 Traders serves 10,000+ clients worldwide; global prime has 10,000+. The minimum deposit is $100 at C 7 Traders and $250 at global prime.
| Feature | C 7 Traders | global prime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | ASIC (Australia): Main regulation, License No. 385620, ensuring high standards of market conduct and security. VFSC (Vanuatu): Regulates Gleneagle Securities Pty Limited trading as Global Prime FX. |
| Founded | 2014 | 2018 |
| Country | Vanuatu | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between C 7 Traders and global prime, 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 global prime). global prime charges withdrawal fees while C 7 Traders does not, giving C 7 Traders an edge for frequent withdrawers. global prime charges deposit fees; C 7 Traders does not. Overall, C 7 Traders scores higher on fees in our assessment.
| Feature | C 7 Traders | global prime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
C 7 Traders offers MT5, cTrader, while global prime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. C 7 Traders supports social and copy trading features, which global prime does not offer. global prime edges ahead on platform breadth and functionality in our scoring.
| Feature | C 7 Traders | global prime |
|---|---|---|
| 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. | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 global prime compare. C 7 Traders runs regular live webinars; global prime does not. Both provide video tutorials. C 7 Traders publishes daily market commentary; global prime 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 | C 7 Traders | global prime |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 global prime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). global prime uniquely supports PayPal and Skrill and Neteller among the two brokers. global prime scores higher on deposit and withdrawal flexibility.
| Feature | C 7 Traders | global prime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 global prime offer live chat support. Both provide phone support. Email support is available at both brokers. C 7 Traders supports 2 languages and global prime supports 8, giving global prime broader global reach. Both brokers are comparable on support quality.
| Feature | C 7 Traders | global prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |