RatingFX: independent rating of Forex brokers
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 The Bonus can be withdrawn without restrictions after the completion of trading turnover.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 1983)