W7BT states it is registered in Saint Lucia but does not hold a license from a major Tier-1 regulator; independent reviews describe its regulatory status as ÒunlicensedÓ and highlight an elevated risk profile in terms of investor protection.
The broker offers a range of ECN account types (Standard, Professional, Privilege) with minimum deposits starting from USD 100 and lots from 0.01; account verification is required and leverage up to 1:200 is cited for certain accounts.
Account and Setup
W7BT supports deposits via bank cards, wire transfers and cryptocurrencies, with no fees disclosed for deposits and withdrawal processes described as less transparent and possibly taking several business days.
Funding Options
W7BT supports the MetaTrader 5 (MT5) trading platform (desktop, web and mobile) including algorithmic trading via Expert Advisors (EAs) and automated strategies.
Bot & API Compatibility
The broker applies spreads starting around 1 pip on its standard account with commissions per lot; higher-tier accounts offer tighter spreads (from about 0.6 or 0.3 pips) albeit with higher minimum deposits, and leverage of up to 1:200 is offered though the standard retail maximum may be lower depending on jurisdiction.
Trading Conditions& Restrictions
Full details on services and conditions are available on its official website.
Regulation & Security
The broker offers a range of ECN account types (Standard, Professional, Privilege) with minimum deposits starting from USD 100 and lots from 0.01; account verification is required and leverage up to 1:200 is cited for certain accounts.
Account and Setup
W7BT supports deposits via bank cards, wire transfers and cryptocurrencies, with no fees disclosed for deposits and withdrawal processes described as less transparent and possibly taking several business days.
Funding Options
W7BT supports the MetaTrader 5 (MT5) trading platform (desktop, web and mobile) including algorithmic trading via Expert Advisors (EAs) and automated strategies.
Bot & API Compatibility
The broker applies spreads starting around 1 pip on its standard account with commissions per lot; higher-tier accounts offer tighter spreads (from about 0.6 or 0.3 pips) albeit with higher minimum deposits, and leverage of up to 1:200 is offered though the standard retail maximum may be lower depending on jurisdiction.
Trading Conditions& Restrictions
Full details on services and conditions are available on its official website.