7Tesler Review – Scam or Legitimate Trading Software?

Viraj Randev
Last updated: | 9 min read


Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

7Tesler is a crypto trading platform that claims to allow investors to begin trading in top digital assets such as Bitcoin, Ripple, Litecoin, and Ethereum. Our 7Tesler review will analyze all the platform’s claims to identify its key features, supported cryptocurrencies, and pros and cons. 

We will also review whether 7Tesler is a scam or a legit trading platform. 

7Tesler Summary

After reviewing some of the claims made by the 7Tesler platform, here is a summary of the included features: 

Type of Trading Crypto 
Success RateNot Specified
Cryptocurrencies AvailableBTC, XRP, ETH, LTC, and more
Available on Mobile?No (But accessible via mobile browsers)
Withdrawal or Deposit FeesNone
Customer SupportLive Chat and Email
Withdrawal Speed24 hours
Minimum Deposit$250

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is 7Tesler?

According to the platform website, 7Tesler is a cryptocurrency trading platform. Members have the opportunity to begin trading multiple digital assets, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), and more. 

On the platform website itself, users can create a free account. Once this is done, 7Tesler asks for a minimum deposit before giving access to the trading features. 7Tesler also claims to offer demo trading accounts and a customer support team to help its members. However, the lack of customer testimonials and information on this platform makes it hard to verify any claims. 

While there are rumors that popular celebrities may endorse 7Tesler, no evidence has been found to justify these claims. There is also very little known about the creator of the platform and the development team behind 7Tesler. 

Users can supposedly open and close new trades at any time on 7Tesler. The withdrawal process is quick, as 7Tesler claims the funds are returned within 24 hours. 

Therefore, we recommend readers properly research the 7Tesler trading platform and make themselves aware of all the risks involved. Since cryptocurrency trading has proven to be very volatile, there is no guarantee of making profits with any trading platform or digital asset. 

7Tesler Pros & Cons

The sections below discuss some of 7Tesler’s pros and cons after analyzing the claims of this trading platform:

Pros 

  • Claims to support multi-asset crypto trading
  • Easy account opening process
  • Offers a demo trading platform
  • Does not charge commission or additional fees
  • Quick withdrawal time (24 hours) 

Cons 

  • No customer testimonials available 
  • No mobile app offered 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How Does 7Tesler Work? 

According to the 7Tesler website, this platform can be leveraged to buy and sell new cryptocurrency trades. Any user can create an account by entering some of their personal information and making a minimum deposit of $250. 

Once this is complete, 7Tesler claims that investors can trade top digital assets such as Bitcoin and Ethereum. 7Tesler states that a demo account is provided for all users. This feature can be used to practice trading and create future strategies without risking any real funds. 

The 7Tesler website does not offer any more information on how the platform operates. There is not much information provided on the technical indicators or tools that 7Tesler offers. Despite researching other 7Tesler reviews and online forums, there is no clear information on this trading platform’s founders or developers. 

7Tesler does state that it offers a seamless trading platform that can be accessed through web-based browsing. It also claims to be integrated with MetaTrader 4 (MT4) – one of the most popular web-based trading platforms. With MT4, investors can access multiple trading tools and indicators. 

7Tesler Key Features 

Our 7Tesler review will now look at some of the features the platform claims to offer:

Offers Multi-Asset Crypto Trading 

7Tesler claims to support the trading of cryptocurrencies on its platform. Per the 7Tesler website, users must create a free account and make a $250 minimum deposit before trading with the platform. 

The tokens which 7Tesler claims to support include XRP, BTC, ETH, LTC, and more. 

Demo Account Supported

A demo trading account allows traders to make investments and practice future trading strategies without risking any real funds. The demo account is a mirrored version of a standard account but is loaded with virtual currency. Investors can familiarize themselves with the trading platform and then decide if they wish to begin trading with real funds. 

7Tesler claims to offer a demo trading account, which can be accessed after the account is created. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

7Tesler Fees

The 7Tesler platform claims not to charge any additional fees from all platform members. 

According to the 7Tesler platform, users only need to pay the minimum deposit before getting complete access to the trading features available on the platform. 7Tesler states that there is no commission on trades nor a subscription fee to be paid

Trading FeesNone
Account FeesNone
Commission None
Withdrawal/Deposit FeesNone


 

7Tesler Minimum Deposit

According to the 7Tesler website, investors must make a minimum deposit of $250 to begin trading. The deposit can be made after the account creation process has been completed. 7Tesler claims to offer multiple payment options, including Credit cards and e-wallets. 

7Tesler: Compatible Devices

According to the claims of the 7Tesler platform developers, here are the devices through which the platform can be accessed: 

  • iPads and Tablets
  • Desktops
  • Laptops
  • Web-mobile

Is 7Tesler a Scam? 

7Tesler claims to support the trading of cryptocurrencies through its platform. The 7Tesler website lets investors create a free account after entering details, including their full name and email. 

The platform also requires all users to make a $250 minimum deposit before they can actually begin trading cryptocurrencies such as Bitcoin and Ethereum. However, there is no information provided on how the platform operates or how it allows users to issue new trades. 

While 7Tesler claims to offer web-based mobile trading and MT4, we could not verify these claims without making a minimum deposit. After searching multiple Reddit threads and forums, we found no new information on the platform’s creators or team. 

Other 7Tesler reviews have also faced the same issue. The lack of information on 7Tesler makes it hard to confirm the authenticity of their claims. Therefore, readers should carefully review the platform independently before making any investment. 

7Tesler Customer Support 

7Tesler says that it offers 24/7 customer support to all platform members. The platform also says that the customer service team can be accessed via email and live chat. This department may be accessed when clients have queries or issues with the trading platform. 

There is no confirmation of the legitimacy of the customer support team due to a lack of client testimonials on popular websites such as Trustpilot. 

How to Use 7Tesler 

The 7Tesler trading platform should be properly analyzed by all interested readers. Once you get a better idea of the platform features and the risks involved with trading cryptocurrencies, you can decide whether you wish to trade with 7Tesler. 

Follow the sections below to begin investing with 7Tesler: 

Step 1: Visit the 7Tesler Website and Create a Free Account 

The first step is to head to the 7Tesler website through mobile browsing, a desktop, or any other compatible device. 

Once you access the website, begin creating the account. To do so, enter your full name, mobile number, and email. Select the ‘Register Now’ option to confirm the account creation. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

 Step 2: Make a Minimum Deposit 

The 7Tesler website states that investors must make a $250 minimum deposit before they can begin trading cryptocurrencies. Some of the available payment methods include Credit cards and e-wallets. Enter how much you wish to deposit, and confirm the transaction. 

Step 3: Start Investing with 7Tesler 

According to 7Tesler, investors can begin trading once their payment has been confirmed. Once this happens, investors can supposedly trade top digital currencies, including Bitcoin, Ethereum, XRP, and more. 

How to Delete a 7Tesler Account? 

According to the 7Tesler platform, users can access the option to close their accounts from the menu. They can follow the on-screen instructions to officially terminate their 7Tesler accounts. Members can also contact customer support if they face any issues while closing their accounts. 

Does Elon Musk endorse 7Tesler? 

The CEO of companies including Tesla, SpaceX, and Twitter, Elon Musk, has a net worth of more than $140 billion. Elon Musk has shared his feelings for multiple cryptocurrencies, such as Dogecoin and Bitcoin, and has also discussed the idea of enrolling cryptos as a payment option. 

We could not find any information to suggest that Musk uses or endorses 7Tesler. 

Does Jeff Bezos Use 7Tesler? 

One of the most influential people in the world, Jeff Bezos, is the founder of Amazon. After researching more about Bezos on Reddit threads and online forums, we found no information linking him with the 7Tesler trading platform. 

Does Martin Lewis Use 7Tesler? 

Martin Lewis is a popular English-based financial journalist. He made £87 million in 2012 after selling his popular website, MoneySavingExpert.com. 

There is no evidence that would suggest Lewis uses or has used the 7Tesler trading platform. 

Who Created 7Tesler? 

After studying other 7Tesler reviews and researching all the information available on this platform, we found no confirmation of the true founders of this trading platform. As of now, the 7Tesler creators and development team have chosen to remain anonymous. 

7Tesler: Payment Methods 

Here are the supported payment methods on 7Tesler, as per the platform’s claims: 

  • Credit cards
  • Debit cards
  • Bank transfers
  • E-wallets

The Verdict

Our 7Tesler review has assessed all the claims that this trading platform has made. As per the 7Tesler website, this is a trading platform that supports investments in multiple cryptocurrency assets. While investors can access different payment methods and demo accounts, there is not enough evidence to confirm these claims. 

One may prefer properly analyzing this trading platform to learn more about how it works and the risks involved. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

7Tesler FAQs

What is 7Tesler? 

7Tesler claims to offer cryptocurrency trading services through its trading platform. Interested readers can create a free account, make a deposit and access multiple digital assets, including Bitcoin, XRP, Ethereum, Litecoin, and more. 

Who is the founder of 7Tesler? 

Despite researching other 7Tesler platform reviews and analyzing all the information available on this trading platform, we could not find any information on the platform creators. The founders and development team have chosen to remain anonymous. 

How do you begin trading with 7Tesler? 

After visiting the 7Tesler website, one can enter their personal information on the registration form. After the account is created, members can supposedly begin trading after making a minimum deposit of $250.