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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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ForexChief reviews

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

Cyrus JP trader

review ForexChief

25-06-19

We are a group of swing traders that have been using Forexchief for a couple of months now. The broker has now become our number one choice; they have excellent trading conditions. Dax, Cfds and a few indices are mostly what we trade on a regular basis. Also, we have been introducing this broker to a lot of new traders.

Maisy Ellwood trader

review ForexChief

23-06-19

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

10-06-19

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

29-05-19

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

19-05-19

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.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

ForexChief reviews

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