Financika vs 7Bforex

Financika vs 7Bforex Comparison Table 2024
Financika	7Bforex
Financika has closed.	Review 1.8

Financika is a forex trading broker offering a proprietary platform & mobile app.	7Bforex is a broker-dealer geared towards Nigerian traders, offering a sign-up bonus and the MT4 platform.
Bonus Offer
Variable deposit bonus	₦10,000 Welcome Bonus
Pros
	Full range of investments Low minimum deposit MT4 integration
Cons
	No copy trading Weak regulatory oversight
Instruments
Forex, CFDs, indices, shares, commodities	CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Demo Account
No	Yes
Minimum Deposit
$200	₦5,000
Trading Platforms
Own	MT4
Payment Methods
Neteller Skrill Visa	Credit Card Debit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
VFSC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	Android
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
No
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
	USD NGN
Stock Exchanges
	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Gold	Gold Natural Gas Oil Silver
CFD Trading
Trade on close to 100 stock CFDs on leading global companies.	Leveraged CFDs can be used to go long or short on hundreds of popular markets.
Leverage
1:10	1:200 (Default), 1:1000 (Maximum)
FTSE Spread
Floating	From 2.1 pips (Standard)
GBPUSD Spread
0.0003	From 2.1 pips (Standard)
Oil Spread
0.12	From 2.1 pips (Standard)
Stocks Spread
Floating	From 2.1 pips (Standard)
Forex Trading
Trade with up to 1:100 leverage on over 40 forex pairs.	Trade a wide range of currency pairs with floating spreads.
GBPUSD Spread
0.0003	From 2.1 pips (Standard)
EURUSD Spread
0.0003	From 2.1 pips (Standard)
EURGBP Spread
0.0003	From 2.1 pips (Standard)
Assets
46	60+
Cryptocurrency
Crypto trading not offered	Trade crypto-fiat pairs including major tokens like Bitcoin.
Spread
	From 2.1 pips (Standard)
Coins
	BTC ETH XRP DASH BIT EDO ETP IOTA NEO OMG SAN XMR ZEC EDO LTC TRX
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Financika has closed.	Review
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