B

C 7 Traders

5.9/10

OptionWeb

6.4/10
3/10RegulationWinner7/10
8/10FeesTied8/10
7/10PlatformsTied7/10
6/10WinnerEducation & Research4/10
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 OptionWeb was established in 2012 and is based in Cyprus. C 7 Traders holds licences including Unregulated, while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. C 7 Traders serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at C 7 Traders and $200 at OptionWeb.

OptionWeb wins this category
FeatureC 7 TradersOptionWeb
Min. Deposit$100$200
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20142012
CountryVanuatuCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and OptionWeb, directly affecting your bottom line as a trader. C 7 Traders has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.

Tied
FeatureC 7 TradersOptionWeb
Min. Deposit$100$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

C 7 Traders offers MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. C 7 Traders supports social and copy trading features, which OptionWeb does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureC 7 TradersOptionWeb
MT4NoNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Binary, 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 OptionWeb compare. C 7 Traders runs regular live webinars; OptionWeb does not. Both provide video tutorials. C 7 Traders publishes daily market commentary; OptionWeb 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 TradersOptionWeb
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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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