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.

Bonuses

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

Asryil trader
review ForexChief
19-04-22

I don't like ForexChief's client support. The client supports are not helpful, and they couldn't sort out issues about the trading account. It does not give a good impression to me because when I called them, they promised to sort it out, but they did not. For this reason with no assistance from their support, So I closed my account at this broker. I don't see any other future business with them.

Vipul trader
review ForexChief
27-10-21

I deposit money to my trading account using my Yandex wallet. So far, the transactions are going smoothly. My trading activities are also great because of the stable platform and tight spread.

Roger trader
review ForexChief
27-07-21

Forex Chief broker is the worst broker I've ever trade with. They are not providing good services for the clients. Their platform is not working correctly, I have experience crashes and freezing too often. I have called their support team regarding that trouble, but they simply ignore it. I have no idea what kind of broker this is. I regret to join them. Now, I still have a balance in my account. I want to withdraw all the balance and close my account at this broker for sure. Never trade with them. Trading with them is only wasting time and money.

Jeffery T trader
review ForexChief
25-04-21

After a year of trading with Forexchief mt4 I can now say I am truly impressed. 

Emmy Santos trader
review ForexChief
25-02-21

ForexChief platform is perfect for me, As it executed timely on the live price, While their spread is low and it helps me to do scalping trade. Besides I have customized the platform with an EA, it works well so far. Till now I've withdrawn about $500 profit. So I say ForexChiefis a profitable platform for scalper traders.

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