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ForexChief reviews

ForexChief_logo ForexChief 6/10 (votes 2636)

On-line since: 2014
Country of origin: Singapore
Regulation: VFSC
Payment options: wire transfer, Visa, MasterCard, Yandex.Money, WebMoney, Qiwi Wallet, Skrill
Minimum account size: $1
Minimum lot size: 0.01
Leverage: up to 1:400
Spreads: from 0 pips

The broker is owned by the ForexChief Ltd company and offers online trading services to natural and legal persons on the STP/NDD model.

ForexChief provides safe access to trades through the most popular MetaTrader4 platform that is also available for mobile devices on Android and iOS.

Trading accounts

The client can choose one of the four account types: MT4.DirectFX, MT4.Classic+, cent-MT4.DirectFX, and cent-MT4.Classic+. Each account can be opened with a minimum deposit of $1 in the following currencies – USD/CHF/GBP/EUR/JPY/RUB. It is possible to trade 40 currency pairs and 2 metals. The maximum leverage is up to 1:400, the stop out level is 30%, there is no re-quotes for each account type, and the minimum deal size is 0.01 lots. Bonuses and trading credits are available to the clients. Besides, expert advisors and scalping are allowed with the company.

The accounts also have some differences. The cent-MT4.Classic+ and MT4.Classic+ accounts have no commission. Spread for the MT4.DirectFX and cent-MT4.DirectFX accounts starts from 0 pips; and for others, from 0.3 pips.


The broker offers two bonuses: Welcome bonus and Turnover Bonuses, which amount depends on orders closed within a week.

Trading signals

There are MetaQuotes trading signals that allow clients to successfully copy trading deals of professional traders. Besides, clients can become providers of trading signals.

You can read the latest reviews on ForexChief in the comments section.

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Comments about broker

Maisy Ellwood trader
review ForexChief

I liked forexchief because its platform is very easy to understand as its indicators which are accurate and reliable, I can make entries to follow them from the app which is very important for me.

Duke Maguire trader
review ForexChief

I liked forexchief because its platform is very easy to understand, its indicators are accurate and reliable, I can make entries and then follow them from the app which is very important for me.

Spiff Lo trader
review ForexChief

Last Month I registered with this broker and I have been making progress since then. Their customer service are kind to me and has guided me all the way. I have 5% monthly increase in my capital. I hope to make a meaningful withdrawal soon. I really want to appreciate the people in customer service for this broker.

Zeze C trader
review ForexChief

It seems to me that forexchief has very good tools to carry out the appropriate investments, it is important to have a good experience when it comes to investing, its platform is very intuitive and easy to read, and I can access the app whenever I want to follow up, which is important to make timely movements.

Shalarma trader
review ForexChief

I came across Forexchief in January this year. I was trading with an offshore broker at the time and a friend recommended Forexchief as a better option. He spoke about their fast server, low spreads and low slippage occurrences, which were really good features. Well, I had a little problem with depositing money. I thought it was the broker's fault, but it turned out to be an issue with my credit card connected to skrill account. During the time their customer support agent was very active and helpful. My journey with Forexchief since the start of this year has been fruitful. I have made several withdrawals, that arrived within 2 days at most. My next plan is to find a scalping EA to use on the platform. Forexchief confirmed that there are no restrictions on scalping. I will find out very soon. Meanwhile, I enjoy trading with this broker

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