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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 offices Switzerland, Singapore, Nigeria
Broker Type ECN/STP • STP
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Phone –
Fax –
Email [email protected]
Website Languages Arabic, Chinese, English, Russian, Spanish, Indonesian

 

Account Information

Free Demo Account Yes
Min. Deposit $100
ECN account Yes
Account Based Currencies USD • EUR • GBP • JPY • CHF
IRAs account No
Trust account No
Maximum Leverage 400:1
Minimal Order Volume 0.01
Segregated accounts No
Swap-free Accounts No
MAM/PAMM accounts No
Managed account No
Interest on margin No
Deposit/ Withdrawal Options WebMoney • Skrill • Perfect Money • Neteller • Bank Wire • Visa/ Mastercard • QIWI Wallet • Fasapay

 

Trading Terms

Trading Platforms
  • MetaTrader 4
Precision pricing 5 digits
Type of Spread Floating
Commission $15 per 100K
Lowest spread on EURUSD 0.3
Scalping Yes
Hedging Yes
Expert Advisors Yes
OCO orders No
Mobile Trading Yes
Web Trading No
Gold, Silver Yes
CFDs Yes
Cryptocurrency Trading No
Other Trading Instruments Indices • Energies
Promotion Yes ForexChief Bonus
Trading Contest No

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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