Forex Chief Broker Review

Author By Jeffrey Cammack
Updated: September 17, 2021
Overall Rating
3.12 3.12 / 5
🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 19
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last updated on September 17, 2021
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.

Our verdict on Forex Chief

🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 19
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
100001/ 5
Trading Conditions
1110.503.5/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
1110.503.5/ 5
Assets Available
111104/ 5
Customer Service
111115/ 5
Beginner Friendly
Excellent
Welcome Bonus

Account Information

Base Currencies
USD, CHF, GBP, EUR, JPY
Number of FX Pairs
44
Crypto Pairs
5
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
15 USD / lot
EUR/USD
0.40 pips
GBP/USD
0.90 pips
USD/JPY
0.60 pips
Negative Balance Protection

Company Details

Company Name
ForexChief Ltd.
Founded
2014
Website Language
English
Support Language
English
Office Locations
Switzerland, Singapore, Nigeria, Vanuatu

Pros

  • Great platform choice
  • Low minimum deposit
  • 24/7 customer service
  • Good range of accounts

Cons

  • Extreme leverage
  • Expensive withdrawals
  • High commission
AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Overall Rating
3.12 3.12  / 5
Site Icon Data provided by FX Australia

Forex Chief Financial Regulation

Regulator License
Regulator License

Forex Chief Trading Cost Comparison

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