B

C 7 Traders

5.9/10
USAA logo

USAA

7.8/10
3/10RegulationWinner7/10
8/10FeesWinner10/10
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 USAA was established in 2008 and is based in United States. C 7 Traders holds licences including Unregulated, while USAA is regulated by Financial Conduct Authority (FCA) among others. C 7 Traders serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $100 at C 7 Traders and $25 at USAA.

USAA wins this category
FeatureC 7 TradersUSAA
Min. Deposit$100$25
RegulationUnregulatedFinancial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)
Founded20142008
CountryVanuatuUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and USAA, directly affecting your bottom line as a trader. C 7 Traders has a lower barrier to entry with a minimum deposit of $100 (vs $25 at USAA). USAA charges withdrawal fees while C 7 Traders does not, giving C 7 Traders an edge for frequent withdrawers. USAA charges deposit fees; C 7 Traders does not. Overall, USAA scores higher on fees in our assessment.

USAA wins this category
FeatureC 7 TradersUSAA
Min. Deposit$100$25
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

USAA wins this category
FeatureC 7 TradersUSAA
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4 ,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how C 7 Traders and USAA 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 TradersUSAA
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 USAA supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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