Forex 77markets Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

#987

Score

5.6

Average

77markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 5.8

Business 5.1

Risk Control 5.4

Software 6.1

Regulatory 5.6

Terminal Snapshot

77markets Trading Conditions

Registered Region Seychelles

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@77markets.com

Contact Number N/A

Website www.77markets.com

Balanced Review

Pros & Cons

Pros

Regulated by Seychelles Financial Services Authority (FSA)
Diverse trading instruments including forex, commodities, indices, and stocks
Access to advanced platforms: WebTrader and MetaTrader 5
24/5 multilingual customer support
Personalized one-on-one training sessions for new clients

Cons

Limited trading tools compared to other brokers
No acceptance of clients from the United States
Relatively new broker with limited trading history
High minimum deposit requirement for advanced accounts
Not regulated by major financial authorities

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	77markets	ZFX	WisunoFX	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Seychelles	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	5.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does 77markets Offer?

Account Type	Target User Group	Key Characteristics	Applicability Notes
Discovery Account	Beginners	Low minimum deposit, access to basic educational resources	Suitable for small-capital practice
Gold Account	Intermediate Traders	Enhanced support, additional trading sessions	Requires a minimum deposit of $10,000
Platinum Account	Experienced Traders	Tighter spreads, advanced trading sessions	Requires a minimum deposit of $50,000
Exclusive Account	High Net-Worth Individuals	Premium services, lowest spreads	Requires a minimum deposit of $100,000

Account Opening Process

The account opening process at 77markets is straightforward. Traders begin by submitting personal information, including their name, email address, and phone number. Next, they provide employment and financial information to assess their trading experience and needs. Identity verification is essential, requiring documents such as a government-issued ID and proof of address. After completing these steps, traders can easily upgrade to a professional account if they meet the necessary criteria and wish to access additional features.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	3	$0 (on shares: 0.2% + $10)	Basic spreads for Discovery account
Forex (Gold Account)	1.4	$0 (on shares: 0.2% + $10)	Reduced spreads for higher deposit
Forex (Platinum Account)	1	$0 (on shares: 0.2% + $10)	Lower spreads for experienced traders
Forex (Exclusive Account)	0.8	$0 (on shares: 0.2% + $10)	Best spreads available
CFDs (Stocks)	Variable	0.2% + $10	Depends on stock volatility
Cryptocurrencies	Variable	0.1%	Fluctuates with market conditions

Other Fees

77markets maintains transparency regarding additional fees. There are no deposit or withdrawal fees, and traders do not incur inactivity fees. However, overnight interest may apply for positions held beyond the trading day, and currency conversion fees may be charged for trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

77markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

77markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

20%

3 star

60%

2 star

12%

1 star

4%

John Smith

New York

★ ★ ★ ★ ★

I had a frustrating experience with 77markets. The withdrawal process was slow, and I faced numerous issues getting my funds back. Customer support was not very helpful either, often taking too long to respond to my inquiries. I wouldn’t recommend this broker if you’re looking for reliable service.

Emily Johnson

Los Angeles

★ ★ ★ ★ ★

I found 77markets to be a decent broker for my trading needs. The platform is user-friendly, especially the MetaTrader 5 app. I appreciate the personalized training sessions they offer, which have helped me improve my trading skills. However, I wish they had more advanced trading tools available.

Michael Brown

Chicago

★ ★ ★ ★ ★

My experience with 77markets was terrible. I felt pressured to deposit more money, and after losing my initial investment, I struggled to get any support. They promised a lot but delivered little. I would advise others to steer clear of this broker.

Sarah Davis

Miami

★ ★ ★ ★ ★

77markets has been a great choice for me as a beginner trader. The educational resources and one-on-one training sessions are invaluable. The WebTrader platform is also reliable, making trading straightforward. Overall, I’m quite satisfied with my experience so far!

Seychelles Market