• Mon. Dec 4th, 2023

7Online Review – Trusted Online Trading Services?

Jul 7, 2020

7Online Review

Overview

Finding a brand that has a global outreach, which provides reliable trading services is not the easiest task nowadays. Unfortunately, each brand has its weaknesses and at some point, some traders would find that not all trading features which are needed to tackle the markets are available. 7Online is a relatively new trading name that accomplishes all of the above needs, with a diverse trading offer and a user-oriented focus alongside focus on customer service. With no geographical restrictions in place, traders from all around the world can open an account quickly and enjoy a large variety of cryptocurrencies with 7Online versatile offers and unique approaches.

7Online.io
7Onlineio

The 7online.io trading website is the place where traders can get access to a wide range of cryptocurrencies. The fact 7Online is covering tens of different types of cryptocurrencies means it is easier to build a portfolio and spread the risk so no single trade will wipe out a significant portion of one’s trading account.

7Online also stands out with proprietary trading software, designed to offer a unique trading experience in the financial markets. The brand wants to promote its view on what are the best-suited trading tools to handle market volatility and find different trading opportunities. In our current review, we’ll dig deeper into what 7Online has to offer and then let you assess whether this is the best choice to trade with daily.

Safety

Safety is one of the main concerns when it comes to online activity. Trading is not an exception and 7Online has proactively designed an ecosystem where traders can rest assured that their funds and personal data are secured.

Due to simple yet cutting edge technology, 7Online puts the most reliable trading tools in the traders’ direct control, allowing them to buy or sell with access to the world’s fastest-growing markets.

The good news is that safety always comes first, and 7Online is secured with the latest and most advanced security measures in the industry, giving customers complete freedom to trade, knowing that their privacy and online security are always protected. Security is also enhanced via an anti-money laundering policy, requiring all traders to verify their identity, before being able to make a withdrawal.

7Online features
7Online features

All 7Online customers need to provide a photo ID, proof of residence, and proof of payment (only for credit card transactions) to make a withdrawal. In doing so, the brand ensures that funds can only be withdrawn to a customer’s account, and nowhere else.

Trading Platforms

In order to offer a unique trading experience, 7Online had developed a web trading platform, integrating some of the features that are absolutely critical for trading properly. The platform is available through the browser and does not require any software installation. Accessing it is easy and convenient, only a few clicks away. This the result of years of research and development, the 7Online platform integrates charts powered by TradingView. As you may already know, this is already one of the top-charting providers.

Thanks to this integration, traders can use hundreds of different technical analysis tools, including drawing tools, shapes, multiple chart types, as well as popular and customizable price indicators. This the technical analysts’ heaven and it would not have been possible without the help of 7Online.

7Online Web Trader
7Online Web Trader

The brand went even further and integrated other functionalities, as well. Traders can place price alerts, create favorite lists, see the risers and fallers for the current day, as well as make deposits, without having to log into the dashboard. The platform is customizable, with multiple colors and 3 different languages, helping traders not familiar with English.

A modern trading brand doesn’t need to forget the importance of mobile trading, and again 7Online managed to deliver. Via their Android mobile app, traders can gain access to the market via their smartphone or tablet at any point, especially while on the go and access to a PC or laptop is not excluded. Although trading full time on mobile is not exactly the best thing to do, it is a useful complementary tool to keep track of the market constantly and not get by surprise when an unexpected move occurs. All functionalities available on the web platform are available in the mobile app.

Trading Account

At 7Online, all traders, no matter their initial deposit, will get access to a standard trading account. In doing so, the company avoids having unsatisfied customers who believe they only get access to premium trading conditions, only in exchange for a large deposit. To start live trading with 7Online, the minimum deposit required is $200 and can be done via credit/debit card, or wire transfer. Additionally, the brand accepts cryptocurrency deposits in Bitcoin.

The account dashboard is simple and intuitive, allowing access to a deposit section, trading info, withdrawals, identification documents, transaction history, account info, and account security. To make things simple, most of the features are built into the trading platform and traders can access them without having to log into the dashboard.

Like deposits, withdrawals can be done via the same methods. Traders need to fill a withdrawal request, which will be processed in a maximum of 10 business days. Also, keep in mind the minimum withdrawal amount via credit/debit card is 100 USD/EUR/GBP and via wire transfer 250 USD/EUR/GBP.

Registration

To get registered with 7Online, things are very simple. Click on the “Register” button, then provide the first and last name, email address, and phone number. The account will be opened in seconds. Once on the dashboard, you can access Web Trader, or the Android App, make a quick deposit to get started and upload the identification documents to pass the verification process.

7Online has made the process very simple, so traders won’t need assistance. However, if they do, there are always customer representatives available to help. All in all, the registration process is easy and convenient, even for people that don’t have any trading experience.

Assets

If you choose to open an account with 7Online, you can trade on tens of different cryptocurrency instruments. 70nline offers trading on 1:20 leverage, on every instrument from its diversified cryptocurrencies selection,

Customer Support

Speaking of customer support, anybody interested to find more about the services provided by 7Online can use the official email address and a representative will reply as fast as possible. Once you open an account, there will be an account manager available to offer support, and at the same time, you can request a callback and talk with a representative on the phone. You can reach 7Online directly from the trading platform if you want.

7Online is home to dozens of industry veterans with hundreds of years in combined experience in the financial, technological, and crypto sectors of the market. Their expertise is available at your disposal 24/7. Based on current feedback, the 7Online customer support service benefits from good ratings. This proves the brand is customer-oriented, constantly willing to make sure that all clients get everything they need.

Pros and Cons

–          Tens of different cryptocurrency instruments.
–          Proprietary trading software and Android mobile app, optimized for better trading
–          Trading tools and features available to make the trading process more convenient
–          There is no mobile app designed for iOS users at the time of writing
–          No desktop platform available
–          Usage of Expert Advisors is not possible via the 7Online trading software

Conclusion

7Online proves to be an online trading brand wanting to reach customers from all over the world. 7Online ensures that enough assets are provided so building a diversified portfolio is not an issue. Flexible leverage, depending on the asset, competitive spreads, and liquid market conditions will help traders get in and out of the markets anytime they want.

We find the offer assembled by 7Online convenient and in line with the 2020 trading requirements. Developing proprietary trading software proves commitment to the highest trading standards. This is an ideal choice for traders wanting to get rid of trading restrictions seen with European or US-based brands. Open an account with 7Online and see if this is truly the type of brand you want to get involved in the financial markets.

7Online Broker Rating

9.4

Overall Broker Rating

9.4/10

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