Up
Rating
Forex Broker
0
Brokers
0
Reviews

RatingFX: independent rating of Forex brokers

ForexChief review
ForexChief


On-line since: 2014
Country of origin: Singapore
Regulation: VFSC (Vanuatu)
Payment options: bank transfers, credit cards Visa, MasterСard, e-wallets Yandex.Money, WebMoney, Qiwi Wallet, Skrill
Minimum account size: $1
Minimum lot size: 0.01 lots
Leverage: up to 1:400
Spreads: from 0 pips

About company:

Founded in 2014, ForexChief is an offshore broker working on STP/NDD model and licensed by the Vanuatu Financial Services Commission as a Dealer in Securities. It has offices in Singapore and Moscow and offers trading in forex and precious metals markets on the MetaTrader 4 platform. Vanuatu offers a variety of tax benefits, such as no income tax, no capital gains tax, and no inheritance tax. Besides, registration process for forex and binary brokers is fast and low cost.

The company assures that it guarantees the safety of customer funds by segregation of clients’ and ForexChief’s accounts.

ForexChief offers its clients 2 basic commission-free account types (MT4.Classic+ and cent-MT4.Classic+, and 2 accounts types with tighter spreads (from 0 pips), and commission (MT4.DirectFX and cent-MT4.DirectFX).

All account types provide leverage up to 1:400, the opportunity to trade in micro lots and require minimum deposit of $1.The owner of any account can copy successful traders’ operations and sell their own trading signals.

Like most brokers, ForexChief supports the most popular trading platform, MetaTrader 4 (MT4) available as desktop and mobile versions.

It earned its reputation due to its ease of use and various useful functions that allow the traders not only to make transactions but also to analyze market dynamics, to automate their trades via a wide range of expert advisors and to back-test their strategies.

This broker offers the $20 Welcome No Deposit Bonus. The Bonus can be withdrawn without restrictions after the completion of trading turnover.

ForexChief Ltd provides traders with the opportunity to earn extra income by participating in affiliate programs White Label and Ib Pro.

ForexChief offers its clients several payment methods: bank wire transfer, credit/debit card, and payment systems (Skrill, WebMoney, Yandex.Money, and Qiwi).

ForexChief 3/10 (votes 1982)
Author of ForexChief: pipnono | Date 2018-11-09
During trading in ForexChief since 3 months ago, I never have a trading problem while deposit and take my profit. I opened real account with them in pair EUR/USD and they set profit about 5% to 20%. But when I increase my deposit amount more then their minimum account size, I just feel very heavy by the floating spreads that run from 0 pips to almost 10 pips. Even the market is quiet, there is no significant news but the spreads keep floating. Horrible, I should have known better about ForexChief before make deposit again here.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-11-18
Dear pipnono, We would appreciate if you prove your words or at least,that you are our client ,maybe your account or transaction numbers . Otherwise it looks like the unfair competition from the paid inventor. Best regards, Representative ForexChief .
0
0
Author of ForexChief: Cuhina_TL | Date 2018-08-30
I've been dealing with ForexChief 23 days. Last week they blocked my account and send me an email that they due to system abuse they block my account. The main issue was I opened an order on USD/CHF pair and closed with the 41 pips profit less than 5 minutes. They said if I wanted to keep trading on their system I would have to hold trades for at least 5 minutes. If they do not allow scalping then they might able to cancel this trade but why they disable my account. Does it make any sense? I have around $350 in this account. I am very worry about it.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-11-18
Dear Cuhina_TL, We would appreciate if you prove your words or at least, that you are our client , maybe your account or transaction numbers. Otherwise it looks like the unfair competition from the paid inventor . Best regards, Representative ForexChief.
0
0
Author of ForexChief: AleeAnees | Date 2018-04-25
Nowadays I have left ForexChief and afraid to deal with them in a Classic plus account. Also, I think my $200 investment isn't safe, As I had lost $72 due to the horrible MT4 terminal. I am preferring auto-trading, But suddenly the platforms hang for 5 to 10 minute, so my expert advisors/EAs failed to works. While manual trading is also impossible with them, As no order executed on time. Finally, I am unable to trade with them and withdrawn my rest investment. Really my trading experience was too bad with ForexChief.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-11-18
Dear AleeAnees, We would appreciate if you prove your words or at least,that you are our client ,maybe your account or transaction numbers . Otherwise it looks like the unfair competition from the paid inventor. Best regards, Representative ForexChief .
0
0
Author of ForexChief: Representative ForexChief | Date 2018-03-16
Dear AhmedNashy, We would appreciate if you prove your words or at least,that you are our client ,maybe your account or transaction numbers . Otherwise it looks like the unfair competition from the paid inventor. Best regards, Representative ForexChief .
0
0
Author of ForexChief: Representative ForexChief | Date 2018-03-16
Dear Inkesterio89, We would appreciate if you prove your words or at least, that you are our client , maybe your account or transaction numbers. Otherwise it looks like the unfair competition from the paid inventor . Best regards, Representative ForexChief.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-03-16
Dear pipmakaron, We would appreciate if you prove your words or at least, that you are our client , maybe your account or transaction numbers. Otherwise it looks like the unfair competition from the paid inventor . Best regards, Representative ForexChief.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-03-16
Dear Kosofe@Fx, We would appreciate if you prove your words or at least, that you are our client , maybe your account or transaction numbers. Otherwise it looks like the unfair competition from the paid inventor . Best regards, Representative ForexChief.
0
0
Author of ForexChief: Representative ForexChief | Date 2018-03-16
Dear AhmedNashy, We would appreciate if you prove your words or at least, that you are our client , maybe your account or transaction numbers. Otherwise it looks like the unfair competition from the paid inventor . Best regards, Representative ForexChief.
0
0
Author of ForexChief: Kosofe@Fx | Date 2018-03-07
ForexChief must be the worst forex broker ever I have traded. I have opened a Standard account 3 months ago with 200$. At first, all was well and I managed to grow to 445$. On 19 February, I placed a withdraw request of 300 using e-wallets Yandex, until now they did not processed When I contact their live chat they informed me they hold my $250 because they found unusually activity on my account. I ask them to provide specific reason holing my money but they refuse to provide it. This is totally unbelievable! Avoid this broker at all cost.
0
0
Author of ForexChief: pipmakaron | Date 2017-12-13
2 month ago, my friend invited me to join ForexChief because he has trading in ForexChief and feel this broker totally fulfilled all of his expectations. He said, they gives first deposit a bonus of $30 totally for free and with no restrictions as well as all services they have. A week after that, I open my trading account and make my first deposit, I got the bonus and make my next deposit in the other day. But there is something terribly wrong with ForexChief, first I manage to keep my profit grow and earned about 15% in a a weeks. But the problem is, the spreads get widened during news but i think this is normal, their spreads is floating. And during these time I have face almost 10 time slippage which is unacceptable. This is a bad sign so before I lose to much money, I immediately closed my account and it was the best thing I did.
0
0
1 2 

Add comment
Text:

Forex charts and quotes

RECOMMENDED FOREX BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000




Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!