xChief (ex. ForexChief) customer reviews
109 reviews from traders. Add your review →
Carragher ★ 5/5 — 2020-09-18Pros: Good order fills, fast withdrawal, flexible accounts
Cons: No custom copy trading system
The good reviews here made me start using Forexchief. Now it is my turn to tell that I am successful with their platform. Everything looks so easy, especially the mt4. Open trades are predictable in terms of spread movement and analysis. There is ECN account and STP order delivery. No sudden freezing like some brokers do just to make you lose. I love this broker respect my orders and give me the best fills
Milan ★ 3/5 — 2020-09-15Pros: good
Cons: but customer service is slow
ForexChief is a decent broker with good trading conditions. My only concern is their slow customer service especially during these days. One time I had a problem with my withdrawal request, and it took them 4 days to reply to my email. It’s ridiculous, cos they say their support is online 24/5. Hopefully they can improve this area of their business. Customer support is very important to retain clients.
Thelma Guverna ★ 5/5 — 2020-09-10Pros: Low Spread, Low fees
Cons: not
Using the demo and live account. Good service in all areas. Fast customer support. Decent spreads and high leverage up to 1:1000. Quick funding and flawless withdrawal in due time. Great number of instruments to trade. Analysis and market recommendations on their website.
Silas Engr ★ 5/5 — 2020-08-30Pros: Multi-purpose platform. easy to make profit and withraw fund.
Cons: Not at the moment.
Finally I found a broker that uses a multioptional platform Metatrader4. I am most delighted to also see lower spreads and high leverage of 1:1000. Forexchief offers cheap service, so taking profit is easy. I have used other brokers before, but this guys are professionals. I withdraw money with great ease. Thanks alot.
Alba Janna ★ 5/5 — 2020-08-23Pros: Tight Spread, Allows EA, No slippage, flexible accounts, high leverage
Cons: No Copy Trading
I was a learning trader when I started using Forexchief in 2018. I played around with a few brokers but I decided to settle with this one because it was easier to start trading. I deposited $100 and I got another 100 as bonus. My capital became 200 dollars. I am using a cent account with super tight spreads, plus a swap-free account. My withdrawal or profit takes less than 12 hours with bitcoin, no charges from the broker. I recommend you use Forexchief if you just starting Forex.
Kasper ★ 5/5 — 2020-08-18Pros: Lowest Spreads, no slippage, fast withdrawing of profit
Cons: no binary
The overall trading with Forexchief is convenient. I can fully confirm that the broker does not trade against us and there is no platform freezing at odd hours. I am glad I found a good international broker to use. I trade mostly GBP pairs as the spreads are lower with Forexchief. I made approximately 600 dollars last week shorting the GBPUSD; withdrew half the money as well. Withdrawing money is quicker with bitcoin. Thanks to the broker and the team behind it.
Prector Oliver ★ 4/5 — 2020-08-11Pros: Great services
Cons: Nope
So far withdrawing money is done without problems. I've never had one issue with that. Everything I request it is done in 48 hours, no questions arising. Best spreads I have seen on metals is with Forexchief.
Torri ★ 5/5 — 2020-08-06Pros: Everything is good
Cons: none so far
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.
Morgan Charlie ★ 5/5 — 2020-07-30Pros: Best order execution ever
Cons: No
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.
Ramil ★ 5/5 — 2020-07-27Pros: fast customer service, fast execution of trades
Cons: none for now
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.
M Sec ★ 5/5 — 2020-07-26Pros: Lowest spreads. fast funding and withdrawing. Speed execution of order
Cons: Nope
Getting screwed by UK brokers is frustrating. I only found that I was paying ridiculous fees and spreads to my former broker. Forexchief fees, spread and swap are quit different and favors brokers more. I now have better profit to loss ratio because I am able to pull up more profit with lower spreads from Forexchief. I want to recommend this broker big time.
Forexchief Rep — 2020-07-26Hello Derek,
You did not include your account number on your review. You did not include any proof that you are trader using Forexchief platform. You also did not provide any proof or screenshot of your communication with Forexchief to support your claim. We have no choice but to believe that you were paid by our competitors to write this bad review. We will investigate this and report you to appropriate authorities for defamation of character.
derek ★ 1/5 — 2020-07-20Pros: no advantage
Cons: scammer
I’ve been trying to withdraw my profits through different withdrawal methods from ForexChief but to no avail. They just won’t process my requests, I’ve attempted 10 times already! Their live chat is useless! No one is willing to help. I swear, ForexChief is a thief. I’ve never seen staff as incompetent tas ForexChief.
Julian — 2020-07-18You must have done something wrong. If they gave you back your initial deposit it means the broker is honest. my previous broker did not even give me option to withdraw money. I don't know what you did or what the situation is, but I've never had any money issue with Forexchief for 8months now.
Julian ★ 5/5 — 2020-07-18Pros: Easy setup. Fast Server. Quick Fund Withdrawing
Cons: No PAMM
The transition from my previous broker to Forexchief was fairly painless. I now get to enjoy more leverage and lower spreads. No more useless slippages that made me lose money before. The execution of orders is really good. Spreads for EURUSD is less than 1pips most of the time. There is a limit for widen spread during NEWS or EOD, which protects us traders. There is also negative balance protection. I fee comfortable trading Forex now. Thanks
Vhong ★ 1/5 — 2020-07-15Pros: NONE!
Cons: Cancelled profits
ForexChief was good at first. But they did me wrong just last week! All my profits and profitable trades were automatically cancelled. They’re only allowing me to withdraw my initial deposit! This is ridiculous! I’ve contacted their customer department but they’re only sending me automatic replies. I can’t get hold of them!
Vincent Bengy ★ 4/5 — 2020-07-10Pros: Hedging and scaling allowed.
Cons: None for me
Forexchief has managed to organize trading conditions that many traders like myself find rare due to our trading style. One can practice any kind of trading strategy including hedging. The spreads are very encouraging and no other fees for trading. I hv been withdrawing money without issues or months now. Good broker.
Silly 1 ★ 5/5 — 2020-07-03Pros: GOOD customer support
Cons: no
If my friend asks me where to find a broker, I’ll definitely recommend Forex trader. In these days when the market is full of trash, it’s really challenging to find a worthy broker to use. About Forex I knew from one of my friends who also used their services, I researched and by reading really good reviews I decided to trust them and still don’t regret.
I decided to risk and fortunately it worked for me. Of course it was a little difficult for me to learn making trades, which I’m still learning, but I was lucky as I found a supportive broker as Forexchief. It’s important for every trader to find a broker that will give a unique opportunity to open accounts or deposits, briefly to complete all the functions that are important for every trader.
Also, I’m glad for Forex trader supportive chat and grateful a person answering my questions. They treat every client with respect and patience, no matter your deposit is small or big. Try it, and you won’t regret it.
GRIGORI ★ 5/5 — 2020-06-29Pros: quick deposit and withdrawing fund
Cons: Not for now
I never have problem with deposit or withdrawing of money. It is always fast. Used this broker for 8 months, no problem. Mt5 is very good operation, chart is quick to come up. Good broker for me. Will continue to use the operation.
Bellamy Coeur ★ 5/5 — 2020-06-23Pros: Good suppport, Fast withdraw
Cons: Null
Amazing support from Forexchief customer service. I asked lots of question and got satisfying answers. Everything is good including finances. Withdrawing profit is quick enough for me.
Jezrey ★ 5/5 — 2020-06-17Pros: good broker
Cons: no issues
I always receive my withdrawal on time through Skrill with ForexChief. Never had issues with execution, no slippage or requotes whatsoever. My queries are also answered fast by their customer support. I think it’d be good though if they could add more investment tools like PAMM. This is just to help beginners, and for experienced traders like me to earn extra income.
Dong ★ 4/5 — 2020-06-11Pros: Fast withdrawal, nice selection of accounts
Cons: slippage
ForexChief is a good broker but they could still improve. Let me start with the good. They have a nice selection of accounts like cent and classic accounts. Withdrawal is fast, I use Skrill and my requests are processed within an hour.
For the not so great part. Slippage occurs especially more often recently. My trades with ForexChief would sometimes close in a small loss, while my traders with another broker would close in profit. I hope ForexChief figures this out. It’s really a pain in the head.
Latifa Asaph ★ 5/5 — 2020-06-07Pros: Good spreads. Intuitive mt4. Good support
Cons: Does not accept paypal
The best thing about Forexchief is the spreads. Spreads are low and no other charges. Another thing is the customer support. I am not just another number to their agents, they treat me with respect and patience. Withdrawing fund is also perfect.
JVI LLC ★ 4/5 — 2020-05-26Pros: Very fast order. Payment is efficient. Many Instruments to trade. Crypto available.
Cons: Paypal not used
I place withdraw on Saturday via Bank transfer. Then waited to Monday and money arrived. Each time I take profit, money is sent in 2 - 3 days. It is faster than my other broker.
Luffen ★ 4/5 — 2020-05-20Pros: Fast deposit and withdrawal
Cons: None
I’ve been a ForexChief client for 1 year and a half now. This is a pretty decent broker with a few good things to note. Funding here is instant, and there are numerous payment methods to choose from. I personally use Skrill, and both my deposit and withdrawal requests are processed instantly. What I also like about ForexChief is their weekly contests. I’ve won in one of their trading challenges, and that was a fun experience. Lemme also say that execution is fast with this broker. No slippage, no requotes.