B

C 7 Traders

5.9/10

multibank exchange group

7.4/10
3/10RegulationWinner10/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while multibank exchange group was established in 2015 and is based in Cyprus. C 7 Traders holds licences including Unregulated, while multibank exchange group is regulated by Financial Conduct Authority (FCA) among others. C 7 Traders serves 10,000+ clients worldwide; multibank exchange group has 10,000+. The minimum deposit is $100 at C 7 Traders and $250 at multibank exchange group.

multibank exchange group wins this category
FeatureC 7 Tradersmultibank exchange group
Min. Deposit$100$250
RegulationUnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F282
Founded20142015
CountryVanuatuCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and multibank exchange group, 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 multibank exchange group). Neither broker charges withdrawal fees. multibank exchange group charges deposit fees; C 7 Traders does not. Overall, C 7 Traders scores higher on fees in our assessment.

C 7 Traders wins this category
FeatureC 7 Tradersmultibank exchange group
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

C 7 Traders offers MT5, cTrader, while multibank exchange group 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. multibank exchange group edges ahead on platform breadth and functionality in our scoring.

multibank exchange group wins this category
FeatureC 7 Tradersmultibank exchange group
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 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 multibank exchange group compare. C 7 Traders runs regular live webinars; multibank exchange group does not. Both provide video tutorials. C 7 Traders publishes daily market commentary; multibank exchange group 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.

C 7 Traders wins this category
FeatureC 7 Tradersmultibank exchange group
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

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 multibank exchange group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). multibank exchange group uniquely supports PayPal and Skrill and Neteller among the two brokers. multibank exchange group scores higher on deposit and withdrawal flexibility.

multibank exchange group wins this category
FeatureC 7 Tradersmultibank exchange group
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 multibank exchange group offer live chat support. Both provide phone support. Email support is available at both brokers. C 7 Traders supports 2 languages and multibank exchange group supports 8, giving multibank exchange group broader global reach. Both brokers are comparable on support quality.

Tied
FeatureC 7 Tradersmultibank exchange group
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic