On-line since: About the company: 7Q Financial Services offers equity trading, discretionary management and investment consulting. Company. Security of funds 7Q Financial Services Ltd is a private investment firm headquartered in Nicosia, Cyprus. The company is regulated by CySEC (license number 061/05). We have repeatedly written that this is a reliable regulator which ensures that the subsidiary companies fulfill all the conditions for the safety of traders' funds: keep client funds in segregated accounts, regular reporting, and take part in the investor compensation fund. 7Q Financial Services traders can return all or part of the invested amount up to EUR 20,000 in the event of a broker’s bankruptcy. Having a license from a reliable regulatory authority does not protect a broker from bankruptcy; nevertheless, it allows traders to avoid fraudsters and one-day firms. Under the MiFID Directive, 7Q Financial Services is entitled to provide its services across the European Union. Trading conditions 7Q Financial Services does not provide information on trading conditions: initial deposit, commissions, payment methods, and so on. Apparently, this is decided individually with a manager. Nevertheless, we will focus on the services offered by the broker and tell you more about them. Discretionary management: according to the terms of the discretionary account, a trader gives the broker the right to act at his own discretion when performing transactions without prior consultation with a client. Investment consulting: 7Q provides support to corporations or institutional clients that need financial risk analysis; investment ideas; a choice of leverage, investment managers, or third-party financial providers. The company offers recommendations based on the analysts' estimates. Equity trading: in cooperation with third-party suppliers, banks and brokers, 7Q can provide access to any financial instrument: stocks, bonds, exchange-traded funds, mutual funds, hedge funds, commodities, exchange-traded derivatives, foreign currency, and over-the-counter derivatives. 7Q controls sending orders to the market and their execution, as well as receiving reports with the trader’s specified requirements. Support service If you are interested in 7Q Financial Services, you can contact a company manager via feedback form, phone, fax or email. Advantages:
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Just joined them. Frustrated chosen them as my first broker. Their platform sucks. Their customer service not helpful enough.
7Q Financial Services is an average Platform and their spreads are high. Also, their withdrawal service takes too much time too. I have four months of trading experience with them. I have deposited $100 and earned $130. But their support service is good and very helpful.
7Q Financial Services is well-regulated broker. So I don't need to be worry to trade with them. Every fees, rules and policy are clear, they are always being transparent to their client. I'm trading using their MT4 trading platform, and the platform is working great also easy to customize. I have earned a profit and withdraw my profit many times. It's easy and efficient to trade with 7Q Financial Services broker. Recommended broker.
7Q Financial Services is an excellent broker. I like to trade with them because they always provide good services for the clients. I have been trading with them for more than five months, and I'm always pleased with their services. They have a good trading platform, which is useful and profitable for me. I never experience slippage or requotes this far. Spread is also fixed. Their client's support is always handling nicely and representative the broker well. So happy to trade with them, they are a reliable broker, and I would like to recommend them.
I opened an account with 7Q Financial Services two months ago. I was top up $1500 and started trading. Last week I placed a short position on USD/CHF pair and it was profitable. I closed my laptop and next day morning when opened my account I found my short position turned to long position with lots of negatives and I lost $209. Immediately I contacted with their live support and asked them about this topic but they said that the there are no error problem from there end. They can do nothing about this matter. Now they starts overlooking me even they do not answering my emails. I highly suspect that is the trick that 7Q Financial Services.
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