Understanding 7BForex Accounts

Are you new to 7BForex and wondering how to pick an account type? Thank you for choosing 7Bforex and Welcome!

Seat back and relax, because on this page, I will break down the different features of each account to help you choose the account that suits you

Have you held an account before March 3, 2021 Seat tight and see the new updates made to your exisisting account type.

Not to worry, on this page, you will also be able to create a new account type of choice, if it meets your need. 

Let's look at the different types of account available and how to choose the one that is perfect for you:

The standard account: Despite its name remaining ” Standard” the recent upgrade made to this account type is very distinct.

On the standard account type you can trade 7 Forex Major pairs, 21 Crosses, 36 Exotics, 2 Gold pairs, 1 Silver and 3 Energy Pairs for as low as 12 points commission. Click here to see full commission table.

On the 7Bforex Standard Account trading commissions are charged as follows:

Asset Type

Number of pairs

Commission per 0.01

Majors 

7

N57.6

Crosses 

21

N96

Exotics 

36

N480

Gold 

2

N88.8

Silver 

1

N98.4

Energy 

3

N12

It is important to note that: The commission displayed here are allocated by 0.01 micro lot, which means that if you trade with a higer volume per trade you will be charged more.

2. The Former "Gold" now Elite account: As its name implies, this account is for the elites who want to access beyond FX pairs! With our elite account you can dive into the world of stocks, indices and crypto currencies.

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Take note:this is the only account that gives you access to Crypto, stocks and indices on the 7B platform and is not compatible with bonuses.

On the standard account type you can trade 7 Forex Major pairs, 21 Crosses, 36 Exotics, 2 Gold pairs, 1 Silver, 3 Energy, 35 Crypto currencies, 64, stocks and 12 Indices for as low as 24 points comission. Click here to see full commission table.

On the 7Bforex Elite Account trading commissions are charged as follows:

Asset Type

Number of instruments

Commission/lot

Majors 

7

N115.2

Crosses 

21

N192

Exotics 

36

N960

Gold 

2

N117.6

Silver 

1

N196.8

Energy 

3

N24

Stocks

64

N11,520

Indices

12

N115.2

Cryptocurrencies

35

N11,520

It is important to note that:The commission displayed here are allocated by 0.01 micro lot, which means that if you trade with a higer volume per trade you will be charged more.

The Former Platinum has gone classic! You no longer need N1,000,000 to have this account type, with a first deposit as low as N5,000 you can access the platinum account and trade without commission.

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Click here to see the full account specifications and the 7Bforex trading condition now.

FIND YOUR PLACE REGARDLESS…

Regardless of the kind of trader that you are, you would find an account type that will fit your trading style and personality on the 7BForex Ng platform!

Click here to get started now.

Got questions or need further information on our account types or their features? Click here to chat with our live support.

For the record…

At 7BForex.Ng our goal is simple, to ensure that you can trade the Global Forex market in Naira, with no exchange rates or delays.