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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 2635)

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

tumisang trader

review ForexChief

10-09-18

these are scammers, when you make profits they log you out of your own account. Do not invest your hard earned money and your time and effort trying put this broker. Move to the next one...Dont let their own written reviews fool you...SCAM BRO

Jessica trader

review ForexChief

03-09-18

I have a friend who made a withdrawal 2 months ago and still hasn't received their money till today and even getting health problems due to being scammed as they withdrew money that they toiled so hard for. Why though, if we can't trust this company how do we refer others to use your services.

Rezaur Rahman trader

review ForexChief

22-12-17

Dear Traders I am a new trader in Forex Market.I have open a real account in Forexchief and Trade in One Month.I have gain some profit $100 .I withdraw and instant add my skrill account.I am very much glad for their service.Customer service is very promt response.Long live Forexchief.

mukhtar trader

review ForexChief

08-12-17

its a big scam after making 50 lots they didnt give me my money

NumLock trader

review ForexChief

24-08-17

Each broker has its pros and cons. I did not like that the welcome bonus for new users is not given to everyone. I could not get the bonus, because my phone is not suitable for this. The bonus was not important to me, but why did it happen? Now I have a real account in this company. In fairness, the terms of trade are good. I trade here without problems. In addition, the withdrawal of money is very fast, takes a few hours.

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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