At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
Sevens Tree
In this review, we delve into the operations of Sevens Tree, a company that presents itself as an institutional forex broker. Established in 2020 and headquartered in Singapore, Sevens Tree offers a unique blend of services, functioning more as a fund manager with an automated fund management program. The company employs a EURUSD trading algorithm and a proprietary Live Command Center to facilitate its operations. Sevens Tree operates on the MT4 platform, offering a range of trading instruments including over 40 currencies, 25 cryptocurrencies like Bitcoin, Litecoin, and Ethereum, and over 60 CFDs on commodities like Gold, Silver, and Stock Indexes. The company also supports the use of EAs/Robots and offers managed accounts and social trading. However, certain aspects of Sevens Tree remain unclear, such as their maximum leverage, minimum to open live, and the countries they are prohibited from operating in. Also, their deposit and withdrawal methods are unspecified. As we dissect the operations of Sevens Tree, we maintain a neutral stance, focusing on providing an unbiased analysis of their services.
Sevens Tree, established in 2020, is a forex broker based in Singapore that claims to offer institutional forex trading. However, upon closer inspection, it appears to operate more like a forex fund manager. Their unique selling proposition is an automated fund management program that primarily trades in EURUSD, utilizing their proprietary Live Command Center.
Trading Platforms and Conditions
Sevens Tree utilizes the MetaTrader 4 (MT4) platform for its trading operations. This platform is widely recognized in the forex industry for its comprehensive features, user-friendly interface, and compatibility with automated trading systems.
Sevens Tree supports the use of Expert Advisors (EAs)/Robots for automated trading. The minimum trade size is 0.01, which is a common standard in the forex industry. However, the maximum leverage and minimum deposit required to open a live account are not specified on their website.
Trading Instruments
Sevens Tree offers a wide range of trading instruments. These include over 40 different currencies, over 25 cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, and over 60 Contract for Difference (CFD) instruments including Gold, Silver, Stock Indexes, Oil, and other commodities.
Deposit and Withdrawal Methods
The methods for depositing and withdrawing funds from a Sevens Tree account are not explicitly stated on their website. This is an area where potential investors may seek clarity before deciding to use their services.
Regulation and Safety
Information about Sevens Tree's regulatory status is not readily available on their website. This is a crucial aspect to consider as regulation by a reputable financial authority ensures that the broker adheres to strict standards for fair trading practices and client fund protection.
Sevens Tree: Pros and Cons
On the positive side, Sevens Tree offers a wide range of trading instruments and supports automated trading. Their unique approach of combining forex brokerage with fund management could be appealing to some investors. However, the lack of transparency regarding key details such as leverage, minimum deposit, deposit/withdrawal methods, and regulatory status could be potential drawbacks for others.
Sevens Tree: Scammer or Not?
Without conclusive information about Sevens Tree's regulatory status and operational details, it is difficult to definitively label them as a scammer or a legitimate broker. Potential investors are advised to exercise caution and conduct thorough research before committing their funds.
Safety Check
Before investing with any forex broker or fund manager, it is essential to verify their regulatory status, understand their trading conditions, and read reviews from other users. We encourage users to share their experiences with Sevens Tree on forexroboteasy.com to help others make informed decisions.
FAQs
What is Sevens Tree?
Sevens Tree is a forex broker based in Singapore that also functions as a fund manager.
What trading platform does Sevens Tree use?
Sevens Tree uses the MetaTrader 4 (MT4) platform for its trading operations.
Does Sevens Tree support automated trading?
Yes, Sevens Tree supports the use of Expert Advisors (EAs)/Robots for automated trading.
What trading instruments does Sevens Tree offer?
Sevens Tree offers a wide range of trading instruments, including currencies, cryptocurrencies, and CFDs.
This review is an independent analysis of Sevens Tree and does not endorse or recommend any specific forex broker or fund manager. Always conduct thorough research before investing your funds.
forexroboteasy.com