77markets

77markets is a relatively new offshore brokerage, established on 16 March 2022, and registered in the Seychelles. The broker is operated by Leadcapital Corp Ltd, a company with a registered address at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles. Publicly available records indicate that the company has no declared employees, a detail that often raises questions about the operational scale of a financial services provider.

The brokerage presents itself as a provider of multi-asset trading services, covering stocks, indices, commodities, forex, and cryptocurrencies. It promotes the use of modern trading interfaces through WebTrader and TradingView platforms, aiming to attract a clientele ranging from retail beginners to high-net-worth individuals. The minimum deposit to open an account is set at $250, with higher-tier accounts requiring substantially larger capital commitments.

77markets claims regulatory oversight through a Derivatives Trading License issued by the Financial Services Authority (FSA) of Seychelles. The license number associated with the entity is SD007, and its status is classified as an offshore regulation. Seychelles has become a popular jurisdiction for forex and CFD brokers due to its relatively lighter regulatory burden compared to major financial centers like the UK, Australia, or the European Union.

Under Seychelles law, the FSA does provide a framework for the licensing and supervision of securities dealers, but client fund protection mechanisms—such as mandatory compensation schemes—are not as robust as those in top-tier jurisdictions. Traders relying on this regulation should be aware that their recourse in the event of a dispute may be limited, and the physical distance from the regulator may complicate enforcement actions. The broker does not hold any additional licenses from more recognized authorities, which is a common feature among offshore operators seeking to minimize compliance costs.

77markets offers a tiered account structure designed to accommodate different levels of trading capital and experience. At the entry level, the DISCOVERY account requires a minimum deposit of $250. The broker publishes floating spread targets for this account, such as 3 pips on EUR/USD and 8 pips on US30, which are relatively wide by industry standards. A fixed commission of 0.2% plus $10 per trade applies to all account types.

The higher tiers—GOLD ($10,000 minimum), PLATINUM ($50,000 minimum), and EXCLUSIVE ($100,000 minimum)—promise progressively tighter spreads. The EXCLUSIVE account, for instance, advertises spreads as low as 0.8 pips on EUR/USD and USD/JPY, 1.4 pips on DE40, and 0.02 on USOIL. The broker does not specify maximum leverage for any account type, leaving traders to inquire directly about available leverage levels. The high minimum deposits for premium accounts suggest that 77markets is targeting professional traders or high-net-worth individuals comfortable with significant risk.

The broker promotes two primary trading platforms: a proprietary WebTrader and the widely recognized TradingView. WebTrader is a browser-based solution that requires no download, offering convenience and accessibility across devices. TradingView is known for its advanced charting capabilities and social trading features, appealing to technically oriented traders. The absence of MetaTrader 4 or 5 (MT4/MT5) might be noted, though TradingView integration can partially compensate for some users.

In terms of tradable instruments, the broker’s own material mentions stocks, indices, commodities, forex, and cryptocurrencies. However, specific symbol lists, contract specifications, and trading hours are not publicly detailed. Traders considering 77markets would need to confirm the exact range and conditions of available assets, as the lack of transparency is a common concern with newer offshore brokers.

The broker’s public-facing materials do not disclose the available deposit or withdrawal methods. This absence of information forces prospective clients to open an account or contact customer support simply to learn how they can fund or withdraw money. User reviews suggest that multiple payment options may exist, including credit cards and e-wallets, but the feedback on the withdrawal process is deeply concerning. Numerous complaints center on blocked withdrawals, demands for additional deposits before releasing funds, and extremely slow processing times—sometimes exceeding 12 days.

One positive review indicates that after initial difficulties, the broker intervened to resolve a withdrawal issue, but such instances appear to be exceptions rather than the rule. The pattern of withdrawal complaints is one of the most significant red flags emerging from our review of user experiences.

Given the high minimum deposits for premium accounts and the offshore regulatory status, 77markets might ostensibly appeal to experienced traders willing to accept elevated risk in exchange for potentially tighter spreads and a community-oriented trading experience over TradingView. The presence of a learning session for beginners, as mentioned in a few reviews, suggests an effort to attract novice traders, but the overall risk profile and user feedback indicate that this brokerage is unsuitable for anyone who cannot afford to lose their entire deposit.

Our analysis of over 100 real user reviews paints a picture of a broker that struggles with transparency, withdrawal reliability, and customer support professionalism. Therefore, even for those accustomed to offshore trading, 77markets presents a guarded risk that requires extreme caution.