Forex Chief
Product is rated as #24 in category Brokerage
| Offering of Investments | 6.2 |
|---|---|
| Commissions & Fees | 3.5 |
| Platform & Tools | 8.3 |
Company Overview
ForexChief is an all-inclusive online platform for margin trading in currency contracts and precious metals. The STP/NDD (straight-through processing/no dealing desk) model is the technical basis of the broker’s operation. Such a solution excludes conflicts of interest between the company and its clients and significantly improves the quality of services. It allows the company to offer competitive trading conditions due to tight spreads and fast execution of orders. The broker pays special attention to the steady operation of the platform and software provided to its traders.
Description
Broker Information
| Company Name | ForexChief |
| Company Abbreviation | N/A |
| Company Website | https://www.fcxchief.asia/ |
| Company Phone | +65 3159 3652 |
| Address | 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu |
| Registered Country | N/A |
| Established | 2014 |
Trading Information
| Minimum Trade Size | 0.01 |
| Leverage | 1000:1 |
| Minimum Investment | $10 |
| Account Types | CENT, Classic+, DirectFX, xPRIME
|
| Trading Instruments | Cryptocurrencies, CFD |
| Trading Platform | MT4, MT5 |
| Deposit Methods | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, Web Money |
| Withdrawal Methods | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, Web Money |
| Bonus Offers | N/A |
6.9Expert Score
EagleFX
Company Overview
ForexChief is an all-inclusive online platform for margin trading in currency contracts and precious metals. The STP/NDD (straight-through processing/no dealing desk) model is the technical basis of the broker’s operation. Such a solution excludes conflicts of interest between the company and its clients and significantly improves the quality of services. It allows the company to offer competitive trading conditions due to tight spreads and fast execution of orders. The broker pays special attention to the steady operation of the platform and software provided to its traders.PROS
- High-security level.
- Favorable trading conditions, bonuses, and affiliate programs.
CONS
- Support service only works 24/5.
- The platform is inconvenient for scalping.
- Few features for passive trading.
- No PAMM accounts.
- No trading credits (analog of bonus for depositing) on МТ5.
- No swap-free trading for cent accounts.
Reviews (5)
5 reviews for Forex Chief
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anthony diaz –
I’m glad I discovered this broker that also offers MT5. My previous broker was a big letdown with frequent interruptions that made trading risky. It was challenging to close my positions promptly. A friend recommended Forexchief to me recently, and I’m pleased I made the switch.
claire ward –
Everything was good and customer service was nice; answered my entire newbie question
Amani Lini –
I’ve had ongoing issues with withdrawing my funds, and despite numerous attempts to contact my account manager via email and WhatsApp, I’ve received no meaningful assistance. Their lack of responsiveness and support is unacceptable. Avoid this broker if you want to avoid unnecessary stress and complications
Tala Nako –
They have the worst customer service I’ve ever encountered. I’ve been trying to withdraw my funds for a while now, but my account manager has been unresponsive and unhelpful. It’s incredibly frustrating and concerning. This experience has left me with serious doubts about their reliability and integrity as a broker.
Mika Iauko –
My account manager seems disinterested in resolving issues. Despite multiple emails and WhatsApp messages reminding them about my withdrawal request, I haven’t received any solution. It’s frustrating not being able to withdraw my own funds. I advise against using this broker if you value responsive and effective customer support.