K7 Trade – The company describes itself on its website as an online trader and, according to self-disclosure, offers customers a wide range of trading services. Both IT developers and consultants from the financial sector are involved in the appropriate implementation of these services.

Moreover, K7 Trade is capable of doing so

  • create trade plans,
  • financial targets to be evaluated,
  • to trade on different financial markets,
  • make payments through different channels
  • and to address technical issues.

In addition, the company states on its own website that it cooperates with renowned banks and financial institutions.

If you are thinking about investing in K7 Trade or if you are already a client of K7 Trade and are trading online, the following considerations are essential:

  1. What is known about other investors’ experience with K7 Trade?
  2. Does the company K7 Trade have a license from a state financial regulator from Europe?
  3. Is K7 Trade a reputable company?

Our lawyers have addressed these issues and have compiled the answers in this article on K7 Trade.

Table of contents

  1. K7 Trade – serious brokerage company?
  2. K7 Trade Website
  3. Contact K7 Trade
  4. K7 Trade license
  5. Regulatory warnings from regulators about K7 Trade
  6. Online trading advice
  7. What to do in case of losses?

Parallel to the question of how far K7 Trade offers a trustworthy service, it is crucial to look into the principles of beneficial online trading.

Our lawyers will also comment on how the provider K7 Trade should be classified compared to other investment opportunities.

Furthermore, we are here to help and support you with any questions or difficulties you may have in connection with K7 Trade.

K7 Trade – serious brokerage company?

At K7 Trade customers can choose from the following account types.

  • Basic: minimum deposit 250 US-Dollar, 20 percent welcome bonus, 1:100
  • Bronze: Minimum deposit 1,000 US-Dollar, 25 percent welcome bonus, 1 in 200 to 1 in 300
  • Silver: minimum deposit 5,000 US-Dollar, 30 percent welcome bonus, 1 in 400 to 1 in 600
  • Gold: Mindesteinlage 10.000 US-Dollar, 35 Prozent Willkommensbonus, 1:100
  • Platinum: minimum deposit 25,000 US-Dollar, 40 percent welcome bonus, 1:200 to 1:300
  • Diamond: n.a. (more information can be obtained from an account manager)

K7 Trade web presence

The K7 Trade platform can be accessed via the English-language website https://k7trade.com/. Alternatively, one can also view the web content in Russian.

Operator and trademark

The name of the Internet presence or the trading platform or the offer is not necessarily congruent with the operating company. In the past, it was not uncommon for companies to operate in parallel with numerous trademarks.

Furthermore, it is a common practice of certain operators to disable the websites of compromised trademarks and return to the market with another trademark in a timely manner.

It is therefore advisable to always include the operating company in addition to the trademark when researching news and statements about a provider. The relevant data can be found either in the imprint or often also in the footer of a website.

On the website of K7 Trade, no difference between the trademark and an operating company could be identified at the time of consideration.

Imprint information

In the Federal Republic of Germany, there are general information obligations and mandatory details for the imprint according to §5 Telemediengesetz (TMG). Consequently, this obligation to “provider identification” exists for all commercially operated websites.

This is because this data is intended to inform the user of an online presence who he is dealing with. In addition, the address of the website owner plays a role here, in case legal claims are to be enforced against him.

In this context, it is also important to note that the requirement to maintain an imprint also applies to service providers based abroad who conduct their business activities in Germany.

On the WWW page of K7 Trade no imprint existed in March 2022.

Domain information

Various service providers put their years of practical experience on the line to suggest credibility. However, such claims are always contradicted by the registration date of the domain.

Accordingly, it is necessary to check who registered the domain and at what time the domain was registered.

Our legal advisors retrieved data on the provider K7 Trade on March 4, 2022 with the following result:

Domain name: k7trade.com
Registry Domain ID: 2644873655_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 0001-01-01T00:00:00.00Z
Creation Date: 2021-10-01T16:29:46.00Z
Registrar Registration Expiration Date: 2024-10-01T16:29:46.00Z
Registrar IANA ID: 1068
Registrar Abuse Contact Email: abuse@namecheap.com
Registrar Abuse Contact Phone: +1.9854014545


According to §6 of the German Media State Treaty (MDStV), the name of the person responsible for the content of the website must be displayed in the imprint. In many cases, this is a member of the company’s management.

Identifying the responsible persons by name is not only an obligation, but also a sign of transparency.

As of March 2022, there is no data on persons responsible for content on the K7 Trade website.

K7 Trade Contact Information

At the time of writing, the following data was available on the K7 Trade website:

  • E-mail contact to K7 Trade: support@k7trade.com
  • K7 Trade’s registered address is Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines (registered address).
  • current address where K7 Trade is located: 175 Piccadilly, St. James’s, London W1J 9TB, UK
  • K7 Trade phone number: not available

K7 Trade approval

The existence of a valid license from a state-owned European financial supervisory authority can be an important characteristic for determining whether a service provider is trustworthy. This is because a provider must make a high economic effort to obtain a license.

Nevertheless, it does not necessarily constitute investment fraud if an online broker omits data on its authorization or on its own regulatory status.

The following financial regulators, among others, are responsible for licensing and supervising financial service providers such as K7 Trade:

  • Autorité des marchés financiers (AMF, Frankreich)
  • Federal Financial Supervisory Authority (BaFin, Germany)
  • National Securities and Exchange Commission (CNMV, Spanien)

There is no evidence of regulatory approval on the K7 Trade website in March 2022. Private investors can discuss what this means by speaking to a lawyer at our law firm.

Warning message from a financial regulator about K7 Trade

At the time of texting, there was no warning from any financial regulator regarding K7 Trade.

Before you start trading with K7 Trade and others – online trading tips.

Trading via an Internet platform such as at K7 Trade is the extension of traditional trading in financial instruments to the Internet. Here, as there, market participants act with the aim of generating surpluses by buying and selling assets.

Trading has long since ceased to be limited to shares. In fact, exchange traders can also choose from the following alternatives, for example:

  • Cash
  • Fund
  • Fixed Deposit
  • Real Estate
  • Precious metals
  • Foreign exchange trading
  • listed index funds
  • Bonds
  • Crypto Trading with Bitcoins and Altcoins, for example Tether
  • Trading with contracts for difference

Online trading is accomplished through interfaces such as online brokers (such as K7 Trade) or banking institutions that offer their clients a special trading software solution.

It is foreseeable that there will be more and more private traders who consider online trading for themselves in the future. All you need is an Internet connection and a PC or tablet or smartphone.

The plus points of online trading

Digitalization has also had a considerable impact on the world of finance, especially when it comes to trading like at K7 Trade.

In view of the technological possibilities, trading has become significantly more efficient. Whereas investors and traders used to have to place their orders by phone, fax or mail, they can now do so with a click of the mouse and with much less effort.

Criteria such as length and type of trade, prices and quantities or the details of the account no longer have to be defined between the provider K7 Trade and its client in a personal conversation.

At the end of the day, various advantages have come into appearance due to the opportunity of online trading:

  • The risk of losses due to gaps is reduced.
  • A large number of tools can be applied automatically and instantaneously.
  • Learning documents on online trading, knowledge pools, analyses or trading tutorials are offered as standard in many places.
  • Online traders have numerous tools and various indicators at their disposal.
  • Yields can be realized even with a low investment.
  • The speed with which transactions can be processed has increased noticeably.
  • The trading platform executes the desired orders, you just need an Internet connection.
  • Transaction fees have dropped rapidly because face-to-face phone consultations are eliminated.
  • The range of tradable assets is broader and deeper.

But online trading not only brings convenience in terms of ease of use of the trading platform. Especially due to analysis options, indicators and the many different tools, the investor has noticeably more comfort.

Because the days when you drew your own chart diagrams or laboriously made your own calculations are over.

Trading platforms now offer their clients an enormous range of order types that online traders can execute themselves with a day trading broker of their preference.

Hype topic cryptocurrencies – new opportunities for investors?

But it is not only trading on platforms on the Internet, such as K7 Trade, that has massively changed digitalization. Because the unstoppable technologization has provided online traders with a new field of activity: trading in digital assets.

The most popular cryptocurrencies include Bitcoin and Ethereum. Bitcoin was the very first cryptocurrency, which is why all other digital currencies are called “alt-coins”.

Today, there are a large number of tradable crypto assets and the landscape is decidedly volatile. As a result, fresh coins are constantly entering the market and a large number disappear just as quickly as they were released.

For financial investors, this entails opportunities as well as risks, which, however, are significantly amplified in view of the high volatility compared with conventional investments.

In a way, newly issued cryptocurrencies are like a game at the roulette table for capital investors. With a bit of luck, one can multiply the stake noticeably. However, the possibility of losing the entire capital is also extremely high.

Therefore, it might be a better choice for cautious traders to focus on the most well-known crypto stocks that have been traded for quite some time and have a comparatively large market capitalization.

The alternatives to Bitcoin and Ethereum

Apart from Bitcoin and Ethereum, the Binance Coin, Solana, Cardano or Ripple should be mentioned here, for example. Cardano and Solana in particular can be considered more modern and future-oriented compared to Bitcoin and Ethereum.

This is because while the former are the subject of discussion primarily because of their energy-intensive “proof of work” mechanism, the latter rely on the lower-energy “proof of stake” mechanism.

In addition, the blockchain-based projects Cardano and Solana allow the use of so-called smart contracts. In addition, other projects are emerging in the respective ecosystems, such as Solanart, a marketplace for so-called “non-fungible tokens”, or NFTs for short.

These can be used, for example, in decentralized finance (DeFi). There, they help to implement security mechanisms that guarantee the authenticity of transactions and the correctness of every order submitted.

At the end of the day, investors have an extremely wide choice of cryptocurrencies to invest in. However, crypto trading is primarily recommended for those investors who are extremely risk-averse.

In addition, when it comes to crypto trading, be careful when choosing a service provider. Unfortunately, there are many documented cases of fraud and cybercrime in which crypto exchanges have played a decisive role.

Disadvantages of online trading

Not all that glitters is gold, and this also applies to online trading. Consequently, in addition to the advantages, a number of disadvantages are also apparent, which inclined private investors should integrate into their considerations:

  • Compared to traditional trading, it is rather hasty.
  • Money investors should already be proficient in trading and build on resilient strategies.
  • If the wrong decisions are made, there is a risk of enormous losses.
  • Private investors should keep an eye on the price trends throughout.
  • The emergence of fraudulent trading providers has led to enormous risks of loss.

In particular, risky day trading is not suitable for private investors who are dealing with trading for the first time. This is because the risk of not correctly predicting price developments is considerable, and in view of the time pressure it is difficult to make adjustments. Therefore, this direction of trading tends to be suitable for very competent or particularly risk-affine investors.

If someone belongs to this group, day trading is an option for action to quickly generate results. In addition, one benefits, for example, from the elimination of fees for overnight positions. Finally, these costs must also be included in the holistic analysis of an investment.

Likewise, one saves the proverbial rude awakening in the morning in the event that there were rapid and violent price changes. Such “gaps” arise quickly due to bad reports about a company. On the other hand, one quickly sees success when one can report a surplus at the end of a trading day.

It is also relevant for day traders to compare the trading fees of the individual brokers. It may be advisable to opt for a flat rate in the form of a flat rate. This pays off especially if you trade with a high frequency and individually invoiced order fees would significantly reduce the surplus.

Recognize risks

In order not to unnecessarily increase the dangers of online trading, one should question with which company one wants to operate in the markets.

From our firm’s experience, a few questions have emerged that can be used to identify potential risks. Applied to the K7 Trade example, these would look like this:

  • Does an imprint exist on the website of K7 Trade and can credible information about the company’s location be found?
  • Can you find experiences of other investors, what is the prevailing view in forums?
  • Are there any regulatory alerts on K7 Trade?
  • Do warnings exist from lawyers or law firms assisting clients harmed in connection with K7 Trade?
  • Does K7 Trade promise exceptionally high profits or a guaranteed return and conceal or downplay the risks?
  • Did the exchange with K7 Trade result from an unsolicited phone call?
  • Is K7 Trade regulated by a European financial regulator and is the provider subject to official supervision?

How to behave in the event of losses

If you suspect that you have been defrauded, it is advisable to block additional payments immediately. This is especially true if the broker recommends additional payments to make up for deficits.

Incidentally, an attempt should be made to recover the lost capital. In this regard, affected investors can seek investor protection and contact the lawyers at our law firm. We examine both civil and criminal law options and possible claims for damages against the service provider and against involved payment service providers such as banking institutions.

“A private investor who loses money in the course of online trading is truly not an isolated case. Many investors are blinded by the professional behavior of financial providers and only realize too late that they are not responsible for their losses.”

Our advice is therefore not to resign, but to react promptly and actively. Because the chance of recovering the lost capital is often greater than the aggrieved investors think.

Would you like to talk to one of our lawyers about K7 Trade? Then you can go directly to our contact area here.