BrokAIr Reviews

C 7 Traders Review

C 7 Traders offers some of the lowest commission rates in the industry, but they still have hidden fees that catch unsuspecting customers off guard. How can such a supposedly reputable brokerage get away with taking advantage of their customers?

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Overview of C 7 Traders

C 7 Traders is an online brokerage founded in 2020 by a team of experienced financial professionals. The company provides users with access to a wide array of assets, including stocks, options, futures, and more. C 7 Traders offers competitive fees and an intuitive trading experience. It also provides educational resources, research tools, and customer support.

Pros of C 7 Traders

Cons of C 7 Traders

Public Opinion on C 7 Traders

The public opinion on C 7 Traders is generally positive. Many users appreciate the intuitive trading experience and the range of asset classes offered. Others have praised the competitive fees and excellent customer support. However, some customers have complained about the limited platform features and fewer research offerings than some competitors.

Newsworthy Events Around C 7 Traders

In October 2020, C 7 Traders received regulatory approval from the U.S. Securities and Exchange Commission (SEC) to operate as an online broker-dealer. This was a major milestone for the company and opened the door for it to start offering services to U.S. customers. In April 2021, C 7 Traders announced that it had acquired another online broker-dealer, adding to its suite of services and expanding its reach even further. In May 2021, C 7 Traders announced a partnership with the Financial Industry Regulatory Authority (FINRA) to offer users access to FINRA’s Investor Education Foundation resources.