9.4/10
(38 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
    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 $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)
  • 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 $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)
  • 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 $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)
  • 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 $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)
  • Special notes MT5 hedging accounts available.
View contract specifications

Reviews

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

, Singapore.

Dear Allah daad.

As we said you many times, Welcome Bonus $100 was closed at 11June 2019, and official news is placed on website

https://www.forexchief.com/about/news/welcome-bonus-500-06-2019/but using technical vulnerability you've got the bonus at 13 June 2019,after date when promotion is jver ..of course bonus was cancled ( and not just becouse company has such right ) but becouse such promotion WAS CLOSED at 11JUNE 2019lf you like bonuses so much, you cfn take Welcom Bonus $500.

Best regards, Representative ForexChief.

, Europe.

With forexchief I have a lot of tools and learning material that make me improve my investment skills day by day and that only means more money in my account, which is great.

, Pakistan.

My name is allah daad and i am 46 year old man and in forex trading since last 11 years.

My account with forexchief is 1215495 witch i have registered at

10.5.19 to get there 100 $ wellcome bonus for cheking there services.but when i read the rivews about this broker then i was afraid to choose it as my permanent broker.

.

But after 1 month i decide to check them by there 100 $ wellcome bonus as i have no fear to loss my money.

.

So i scan the code via aplication and they add 100 $ in my account.

I start the trading.

.

During trading i was remain in touch with there support for asking my trading turnover.

.

in 4 days i have complete there huge mountain of turnover nearly 45 lots and my remaining profit

105 $.

I have found there spreads very good.so i asked there support that i want to continue trading with them and dont want to withdrawal.

.

So they happily advice me to open a new account and submit a support ticket to transfer funds in new account.so i have done this.

.

After that i decide to check there withdrawal services so i submit a withdrawal request and update the ticket not no transfer the balance and sent withdrawal.

.

And surprised to see the reply in ticket that the bonus offer ended at 11.6.19 so i can not withdrawal. And they reset my trading account 0000 and delete all trade history.

Now the points witch i have noted, that confirm this broker as a fraud are these.

1.

If they closed there offer at 11.6.19

Than why they gave me bonus at 13.6.19.

2.

If they gave bonus by mistake then why they not writenoff it when i was trading and in touch with there support for trading turnover.

3.

When i chat with them and they checked my trading history Why there support not telling me that this offer ended and dont waist the time.

4.

When i complete turnover and asked them to transfer money in 2nd account, everything was fine.

But when i submit withdrawal request they reject the bonus.

5.

After this i asked there chat that why they not told me that i can not withdrawal and bonus ended at 11.6.19. They told me it is not possible that your withdrawl rejected and take 15 mint to confirm and they say sorry that he can not help me.

.

After that i submit a ticket and got horrible reply that i have used technical maintanence to get there bonus at 13.6.19 while offer ended at 11.6.19.

It means they called me international hacker who hacked there system for getting there bloody 100 $ bonus.strange.hahaha.

.

Now they delete my member area and not replying on live chat.

.

Now let me clear what he getted by this 100 $ bonus.

If someone loss this bonus then broker loss nothing becouse they dont sent the trades in market and it just like a demo account loss.

But when traders earn money and they found him in profit then his trades sent in markets and they earn money by spreads and commission.now only from me they have earn above 400 $ by my 45 lots trading and also take back there 100 $ and take my 105 $ profit also by creating any reason.

So they earn 505 $ only from me.

.

Now they offer 500 $ bonus instead of 100 $. Hahaha.

This is an other good trap for snatching money.Read there terms.

I explain it here.

You can not loss the bonus but only can trade.it mean you can use huge volume to trade and let your account wash fastly and when you loss reache at your own funds they writenoff ther bonus and your account washed.

You have to trade huge volume of trading with your own funds for getting withdrawal there bonus.and in this try you lost your funds. If you complete all condition then they reject your withdrawal by creating any reason.

Dont waist time . This is confirm a fraud broker.

.

I am an old trader and in forex trading from 11 years.So i advjse you dear forex traders and new comers dont choose this broker.even not get there bonuses that these are only waist of time and it will ended only in frustation and tention.

, UK.

I can not believe that people usually do not look for more options to be able to free themselves economically, I enter the forex investment in looking to improve my income and this is what I have been doing with forexchief

, Austria.

Forexchief has been very professional in handling business. I am a long term trader and so I have huge money with this broker. I am making money for sure and I am withdrawing without issues. My style of trading is straight forward, so when any issues arises with my trade it is easy to solve. For example, if there is a platform glitch and it results in losses I quickly make a file of the affected trade with time stamp and broker quickly rectifies it. They would have no choice because I have proof. It has happened only once anyway. Again, I like their professional way of handling things

, Venezuela.

I see that many prefer to use mt4, but I honestly think that the mt5 is better developed with respect to the functionality of the previous version, I have a mt5 with forexchief, it gives me a lot of financial information and news, analysis tools among others.

, Venezuela.

for now I'm still testing the demo account and I think it's a broker with good commercial signals. I am struck by their low commission, good technical support and the ability to sell my successful transactions.

, Norway.

best execution

best trade commission

site easy to move around

I have tried many other brokers this is the only broker that I feel they work for me and not against me , Forexchief even have higher swap more than other brokers as I noticed.

I'll give 5 Stars for sure

I just love their services.

, Chile.

Everything that is given the investment in the internet I learned from my aunt's husband, when I'm out of work I think of it as an option, and that's how I got forexchief, it helped me a lot to have a good broker in my beginnings, I still use it and has given results

, Bangladesh.

I have been using this broker for 7 months and thought that I would leave a review here. I know seven months is not a long time, but they have been a good broker. This is my experience with them so far:

1. No re-quotes

2. Fast withdrawals and deposits.

3. Excellent customer service.

4. Specially Lowest Spreads the average EUR/USD spread of 0.1 to 0.2 pips.

Also, I have been using EA's and they are ok with this kind of trading.

, Usa.

I spend all day busy, I have two jobs and I also like to take a percentage of my earnings to invest, use the forexchief broker, this and its platform for androit, Windows and mac, keeps me connected with my finances and all the time what happens with them.

, Canada.

My experience with forexchief has been good, I can withdraw everything I want without limits and they pay me my bonuses weekly, they have been quite responsible as every broker should be.

, Holland.

Forexchief is one of three brokers which I am using. Here, I am using a long term strategy, so I can say nothing about their platform reaction during news and I don't get slippages. I’ve been with them for quite some time and with my trading I am making around 300 USD per month on average, sometimes more, sometimes less. I did not face up with any problems in execution, deposits, and withdrawals are quite okay too. Online support could be better.

, .

I have not had problems with this agent, although I am new to this type of business, they have been answering my doubts and I think that their system works very well, in comparison with other brokes that I have seen forexchief is fast and very responsible

, Singapore.

Dear Kastar ,

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.

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