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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

ForexChief Review

5
36 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

ForexChief general information

Founded in: 2014 year
Headquarters:
Singapore
Offices in the country: Russia, Singapore, Switzerland
Minimum Deposit: 1 $
Website: www.forexchief.com
Website languages: English, Indonesian, Russian
Execution model:
ECN, STP
Deposit currency: USD, EUR, JPY, GBP, CHF, RUB
Support languages: English, Russian
Regulated by: VFSC (Vanuatu) license №14777
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts, ECN accounts, STP accounts, Cent accounts
Affiliate program: Yes

ForexChief Forex broker description

The main parameters of interest to the user when choosing a trading platform - are reliability, high level of service, convenient functionality, presence of additional features compared with other companies. ForexChief Company.

Key functional features of ForexChief

There’s no point to separately describe wide functional features of MT4 platform. But the ForexChief Company has gone further, providing favorable conditions for beginner traders. Among them are the following conditions of making trade transactions that can be distinguished:

No limitation of the minimum recharge amount. Begin to replenish the deposit at $ 1, and you can always take advantage of the other broker’s benefits. However, the user may not replenish his deposit at all - such opportunity is given to him by partner and bonus programs, which are described below;

Use of NDD / STP technology - that is, the broker does not interfere in the performance of financial operations for the withdrawal of funds, which are immediately sent to the interbank;

Availability of standard and cent accounts;

Working with minimum transaction of 0.01of a standard lot, including cent accounts - while other companies offer 0,1.

But it's not all the benefits of ForexChief - the most "delicious" features are offered in the bonus program.

Premiums, bonuses, additional profits: what offers ForexChief

ForexChief broker offers traders working conditions, which are difficult to refuse. Constantly developing services, for users of the portal to be able to start successfully and quickly, ForexChief presents the following advantageous conditions:

No limitation of the minimum recharge amount. However, the user may not replenish his deposit at all - such opportunity is given to him by partner and bonus programs, which are described below;

Partner program gives the opportunity to make a profit, by attracting referrals to the trading platform. The user receives his interest of each transaction that they make. To receive these payments, new users need to be registered - they need to enter the site through your referral link;

Welcome Bonus $ 20 - a new proposal from the ForexChief company. To receive a welcome bonus of $ 20 all you need to do is register on the site, scan and send a QR-code. The code is located in the user's private office. In automatic mode, the funds will be transferred to the user's account, which are sufficient for making the first deals. You do not even need to wait for the verification procedure, as well as to replenish the account - start working on the company's resources;

bonuses charged for the turnover allow further account replenishment without engaging own funds- a certain interest of completed transactions will be charged always, regardless of how the transaction will go;

trade credits provided by the company, make it possible to increase the amount of trade transactions. Broker does not charge any interest, furthermore - the user gets access to funds withdrawals without limitation;

the lowest spreads among the other forex - brokers - down to 0 points and with a minimum deposit of $ 1;

transactions copying. If you are not confident in your abilities, but want to consistently make profits and learn the work of professional and the most successful traders, then take the opportunity to copy their trades. A special tab on the MT4 platform allows you to view the ratings and make a copy;

Each user in the near future can expect other surprises in the form of an extension of the bonus program, as well as special offers. The main thing – is to keep a close eye on the news at the portal of Forex - Chief forex-broker.

 

Trading accounts of ForexChief

  • MT4.DirectFX
  • cent-MT4.DirectFX
Trading platforms: MetaTrader 4
Minimum Deposit : 1 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
CHF - Swiss Franc
RUB - Russian Ruble
Trading instruments:
Forex1:400
Number of currency pairs: 40
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/SEK
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/DKK
  • USD/HKD
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
Metals1:200
  • Gold
  • Silver
Stop Out:
30 %
Minimum position size:
0.01 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Locked Margin level:
25 %
Speed ​​of execution:
0.01 sec.
Commission:
$ 15 for 1 million USD
Phone trading:
Not
Trading platforms: MetaTrader 4
Minimum Deposit : 1 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
CHF - Swiss Franc
RUB - Russian Ruble
Trading instruments:
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Phone trading:
Not

Contacts of ForexChief

Headquarters
Singapore , 8 Jurong Town Hall RoadLevel 24, Unit 5
show on the map
+65 6818 0976Телефон штаб-квартиры

Recent customer reviews of ForexChief

Torri 06 August 2020

Advantages: Everything is good

Disadvantages: none so far

Comment: A friend has been trading with ForexChief for 2 years. What really got my attention is their high leverage that goes as high as 1:1000 on Forex and up to 1:100 on commodities and cryptocurrencies. As a high volume trader, I like it! So, I opened an account last month. Account opening was smooth, no problem at all. I was able to start trading the same day actually! It’s been a satisfactory experience so far - fast execution, stable trading platform, tight spreads, and reliable customer service.

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Morgan Charlie 30 July 2020

Advantages: Best order execution ever

Disadvantages: No

Comment: Forexchief is an ECN broker with No dealing desk system. There are two similar platforms to choose from; mt4 and mt5, where one is more advanced. Both platforms work well and run across the same server. The live servers never fail, execution and stop orders work with great speed. When compared to some offshore broker I’ve used, this broker is doing a damn good job.

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Ramil 27 July 2020

Advantages: fast customer service, fast execution of trades

Disadvantages: none for now

Comment: I had a problem receiving the bonus from ForexChief but it was resolved after 3 days. It was a fault on my side I didn’t notice the options for bonus. I have no more issues whatsoever with this broker. I also love their fast execution, tight spreads, various deposit and withdrawal options, and prompt customer service.

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.