9.4/10
(17 qualified reviews)
US Traders
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Managed accounts
  • Affiliate program
  • Company ForexChief Ltd.
  • Founded in 2014
  • Online since 2015
  • Offices in
    • Nigeria
    • Singapore
    • South Africa
    • Switzerland
    • Vanuatu
  • Payment options
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  • Account currencies
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  • Currency pairs
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  • Regulated by
    • Ministry of Finance and Economic Management (Vanuatu), 14777
  • Website available in
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  • Support available in
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  • Support methods
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  • Trading server time zone EET
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $15
  • Commission (one-way) for CFD per 1 std. lot $15
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.6
  • Minimum spread on EUR/USD, pips 0.3
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $15
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.6
  • Minimum spread on EUR/USD, pips 0.3
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.6
  • Minimum spread on EUR/USD, pips 0.3
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $15
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.6
  • Minimum spread on EUR/USD, pips 0.3
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $15
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:200
    • CFD1:50
    • Oil1:100
    • Metals1:200
    • Energies1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs (of which exotic) 62 (12)
View contract specifications

Reviews

4 reviews of ForexChief are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Finland.

What they offer is exactly what is written in their website. I have noticed the spreads are even lower. There have been a couple of platform freezing when there is important economic news update. Still, my overall experience with the broker is positive. I am a part time trader so I don't do many trades. I prefer waiting for critical news events and take advantage of the rush. They offer 1:400 maximum leverage and their execution speed is damn fast.

, Bangladesh.

I'm trading with ForexChief for 3 years, didn't got any problem till now. They providing fast withdrawal system and low spread. You can try this.

, Singapore.

Dear Woltsuder,

We believe that ForexChief has the best order execution time on the market. It’s very difficult to believe that you have faced with delay 15 sec… Please provide us orders number, so we could check your words in reality

, Poland.

Basically, I liked their spreads. Perhaps this is all that can be said about their advantages. What has spoiled my trading is their enormous delays in execution that made almost nothing out of my strategy. It is terribly irritating to order a trade and watch about 15 seconds until it opens. When it is finally opened, there is already comparatively considerable loss. This happens time by time so all you get is disappointment instead of effective trading. I am a fan of short term trades but such problems with execution speed makes such brokers disgusting for me. While order closing, execution is not much faster and slippage gives hits. I am disappointed with this company.

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