9.5/10
(58 qualified reviews)
US Traders
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
  • Company ForexChief Ltd.
  • Founded in 2014
  • Online since 2015
  • Offices in
    • Nigeria
    • Singapore
    • South Africa
    • Switzerland
    • Vanuatu
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
    • MetaTrader 5
  • Account currencies
    Show account currencies Hide account currencies
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • Ministry of Finance and Economic Management (Vanuatu), 14777
  • Website available in
    Show website languages Hide website languages
  • Support available in
    Show support languages Hide support languages
  • Support methods
    Show support methods Hide support methods
  • Trading server time zone EET
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • 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
    • Forex1:1000
    • 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 $50
  • 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
    • Forex1:1000
    • 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 $50
  • 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
    • Forex1:1000
    • 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 $50
  • 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
    • Forex1:1000
    • 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 $50
  • 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)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • 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)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • 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)
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • 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)
  • Special notes MT5 hedging accounts available.
View contract specifications

Reviews

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

, Andorra.

We are a group of traders from Europe. Forexchief is our second broker. I want to recommend it for serious trading. We do high volume traders and due to the stability of this broker, we have done large transaction in and out.

Transparency is a strong quality and we value it. Kudos to the Forexchief team, you deserve a 5 star review here.

, Georgia.

7 years of trading and I've only used two brokers. Forexchief is the current broker I am using. I am very diligent when it comes to choosing broker. Due to my criteria and volume of trades, I chose Forexchief. I am not disappointing i did. 12 months of service to me and I am glad I picked another good broker to use for a long time.

, Turkey.

For me Forexchief is the easiest broker to trade Forex with. They are reliable ad kind. I'll recommend for CFDs, Currency and Crypto. All are available with very low spreads from what I have seen.

, Latvia.

I am new to Forex trader. One of my greatest tasks was looking for a good broker to use.

Finding an honest and trustworthy broker is really hard these days. Well, I ended up with forexchief after watching a youtube video of a pro trader and he said he trades with Forexchief. So I registered because a pro uses it, who am I not to. Fortunately for me it is an amazing broker.

I am still learning from my mentor and making small trades. Forexchief has supported me with bonus money to make my journey smooth. This is what every new trader needs; a broker that easy to open account, deposit and trade. Mt4 is simple to learn a well. One of the chat personnel has been helping me understand how the platform works.

He answers my question with patience.

In my small time with this broker, I can they value their traders. Even though my deposit was small, they treat me with respect

, Cambodia.

What really caught my attention was when a friend told me Forexchief offers up to 1:1000 on currency pairs, and up to 1:100 on commodities and cryptocurrency.

It was very easy to register. I starting trading same day. No document was required. It is 4 months now and there has been no issues with Forexchief. Good broker for me.

, Bahamas.

There are a few good things to note about Forexchief from my time trading. Funding is instant and does offer a multiple options both in deposits and withdrawal. You don’t need to verify your account before funding and withdrawing. I didn’t. They allow the use of debit card option, bank wire, skrill, neteller and others. I use Bitcoin and it can be processed the next day or up to 48 hours. You can also partake in contests weekly. I can say Forexchief is a decent broker, they do get the job done as far as currency trading is concerned.

, Venezuela.

At this moment I am satisfied with the service they have given me, they have excellent service, transactions are carried out quickly, it is easy to use and it suits my investment style.

, Bangladesh.

I like that when I open the forexchief app I can make transactions directly from the graph of the trading instrument, which seems really practical when I want to manage my orders.

, Georgia.

With Forexchief I no longer had to wait 5 days to get withdrawal done. I had a rough time with Forexchief when it comes to withdrawing my money. The last time was a very serious argument. Every other trade offers from forexchief is okay. But I am mostly grateful for fast withdraw of money.

, China.

Very good broker excellent technical service helped me a lot with bots and scripts, has low commission

, Dublin.

So I finally found a broker that has an easy login process. Which means when I login to Forexchief mt4 platform I am instantly online. It takes less than 5 seconds to get online and start reading charts.

This process was a nightmare with my previous broker. Also forexchief charts are very stable and quick to display for fast analysis. If you looking for a very fast execution broker, Forexchief meets the mark.

This means I get to do quick trades with even lower spreads. I give forexchief 5/5 for order execution

, China.

When I left university, a friend recommended me to use the forexchief broker and I really do not regret it, they have given me an excellent quality service and I have seen my finances grow little by little every day, they have very good tools such as their signal system that Lets be alert to take the best opportunities.

, Malta.

I have a long list of points to talk about this broker, but I'll just keep it short. I want to thank Forexchief for a successful year of Forex trading. The customer service has been awesome, solving issues quickly. I juggle between mt4 and mt5 for technical reasons, for this am glad there is both platform for flexibility.

Deposit and withdrawal works perfectly fine. There have been some set backs on a few occasions but it usually gets resolved.

Spreads are low and there is leverage up to 1:500 for real. This is a broker with offshore license that I have confirmed to be real, offering very good conditions better than the ones i have used.

I pray 2020 will be a good trading year as well. Happy holidays.

, Indonesia.

I like forexchief its low commission because it adapts to my investment style because I do not like to take significant risks and I like to be calculating in terms of my finances, that keeps my mind out of danger of overwhelming me.

, Skopje.

Registration was very easy with Forexchief. My account manager walked me through the process of adding funds to my account and setting up my mt4. Am already impressed with their services in less than 5 weeks. Am glad I selected this broker. I am working hard to grow my account, hopefully I'll get to cash out my profit soon.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.