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ForexChief Broker: Reviews and Specifications

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ForexChief Discussion

  • Website: www.forexchief.com
  • Founded: 2014
  • Headquarters: 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu
  • Regulation: no.

Open Account

International officesSwitzerland, Singapore, Nigeria
Broker TypeECN/STP • STP
Broker StatusIndependent Broker
Accept U.S ClientsNo
Live ChatYes
Phone–
Fax–
Email[email protected]
Website LanguagesArabic, Chinese, English, Russian, Spanish, Indonesian

 

Account Information

Free Demo AccountYes
Min. Deposit$100
ECN accountYes
Account Based CurrenciesUSD • EUR • GBP • JPY • CHF
IRAs accountNo
Trust accountNo
Maximum Leverage400:1
Minimal Order Volume0.01
Segregated accountsNo
Swap-free AccountsNo
MAM/PAMM accountsNo
Managed accountNo
Interest on marginNo
Deposit/ Withdrawal OptionsWebMoney • Skrill • Perfect Money • Neteller • Bank Wire • Visa/ Mastercard • QIWI Wallet • Fasapay

 

Trading Terms

Trading Platforms
  • MetaTrader 4
Precision pricing5 digits
Type of SpreadFloating
Commission$15 per 100K
Lowest spread on EURUSD0.3
ScalpingYes
HedgingYes
Expert AdvisorsYes
OCO ordersNo
Mobile TradingYes
Web TradingNo
Gold, SilverYes
CFDsYes
Cryptocurrency TradingNo
Other Trading Instruments Indices • Energies
PromotionYes ForexChief Bonus
Trading ContestNo

See also:

  1. Skilling Broker: Reviews and Specifications
  2. ETO Markets Broker: Reviews and Specifications
  3. N1CM Broker: Reviews and Specifications
  4. VoyaFX Broker: Reviews and Specifications

Reader Interactions

Comments

  1. Job Eppman says

    February 24, 2020 at 7:40 pm

    Any broker that gives you instant deposit and same day withdrawal is a professional broker. Those two things are very important to me. Forexchief instant deposit has saved me many time from margin call and stop outs. So I give them 5 star for deposit and withdrawing money.

    Reply
  2. Lawson J. says

    November 19, 2019 at 3:20 am

    My good friend introduced me to forexchief, he has been CFDs for a while now. So I asked him to give me a good broker he uses. So I opened an account with Forexchief, which was a smooth process. I have managed to increase my capital by 200% over 12 months of intense trading. The best thing about Forexchief is the trading server, very fast. I don’t miss any Take Profit set on trades. Basically, they don’t do stop loss hunting or make you lose. This is not a market maker. That is refreshing.

    Reply
  3. Steve Morak says

    October 31, 2019 at 1:14 pm

    It is nice to use a broker without complicated rules when it comes to trading strategies to use. My trading systems require fast and sharp execution, which is why I am in love with Forexchief. I’ve never seen a fast broker in terms of order execution. I also use an EA that scalps quickly and it’s working well on Forexchief mt5 platform.

    Reply
  4. Joe Reed says

    September 25, 2019 at 5:34 am

    Many brokers give you problem when you want to trade high impact news, but not this one. Order flow is timely and perfect. There is no problems about slippages and requotes. 

    Reply
  5. Grant JP says

    August 27, 2019 at 6:42 pm

    Great Broker!! I got $500 welcome bonus instantly. Very cool.

    Reply

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