ForexChief Review 2020

Overall rating

Overall rating

2.4

/10

ForexChief Review 2020
September 2020
Analysis of the Main Features of the Forex Broker

2.4

Overall rating

2

/10

Execution of orders

1

/10

Investment instruments

2

/10

Withdrawal speed

3

/10

Customer Support work

3.6

/10

Variety of instruments

3

/10

Trading platform

75

Position
in rating

2.4

/10

Overall rating

Trading terminals:

75

Position in rating

2.4/10
Overall rating

Trading terminals:

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of ForexChief Trading Company

“ForexChief” Ltd. – is the company that offers its online-trading services with several instruments popular among Forex players, including currency pairs and precious metals. This broker works with MetaTrader 4 trading terminal. “Forex Chief” company is the regulated broker and has Dealer in Securities license issued by VFSC supervisor. You should also pay special attention to “ForexChief” bonus program.

Attention!

We work exclusively with the accounts opened through Traders Union.

ForexChief Latest Comments 2020

0
0
6

The reviews by customers of the ForexChief indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexChief published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

I liked the possibility of buying more tools and applications to facilitate decision making, I think it is something very essential for people who start in the world of commerce.

I feel comfortable with forexchief because I like its system and platform adapts to my needs, I started using it because of the low commission and the possibility of using any tool that I find convenient.

For me a leverage system that supports me is extremely important, I enjoy that with my forexchief account, that has helped me to move forward quickly with the foreign exchange investment that is one of the companies that I proposed this year

It has a modern and intuitive platform, I have reviewed its tools and they are very good, it has good proposals as well as a bonus system per business cycle.

There comes a time where everyone learns that they must consolidate their economy if they want to become independent and grow as a person, I use the forexchief broker to boost my capital, with its system of leverage and increased assets, I can grow at my own pace and help in the difficult task to gain stability.

I feel good when I use a service and it works for me, that's why I like forexchief, it is undemanding and very collaborative, it allows me to start with little and I can keep all my resources in an effective way.

Currently we are all in one way or another interconnected, forexchief is a broker who understands that why what I like most about them is that they have a signal tool that keeps me connected to my finances at all times.

Analysis of the Main Features of the Forex Broker

2.4

Overall rating

2

/10

Execution of orders

1

/10

Investment instruments

2

/10

Withdrawal speed

3

/10

Customer Support work

3.6

/10

Variety of instruments

3

/10

Trading platform

Trading Conditions for ForexChief Users

Trading platform: MetaTrader4, MetaTrader5, Mobile Platforms
Accounts: MT4.DirectFX, MT4.Classic+, cent-MT4.DirectFX, cent-MT4.Classic+
Account currency: USD / CHF / GBP / EUR / JPY
Replenishment/Withdrawal: Bank Transfer, Credit/Debit card, China UnionPay, Crypto, Skrill, NETELLER, Advanced Cash, WebMoney, Perfect Money, FasaPay, QIWI Wallet
Minimum deposit: 50 USD
Leverage: 1:1000
PAMM-accounts: Yes
Min Order: 0.01
Spread: from 0 pips
Instruments: Forex, Metals, Energy, Indexes, Crypto
Margin call/Stop Out: 50%/30%
Liquidity provider: No
Mobile trading: Mobile Platforms
Affiliate program: Yes
Orders execution: Market Execution
Trading features: No
Contests and bonuses: Welcome Bonus

Comparison of ForexChief with other Brokers

ForexChief FxPro Admiral Markets UK XM Group AvaTrade
Trading
platform
MT4 MT4, MobileTrading, MT5, cTrader MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MT5, MobileTrading MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $1 $100 $200 $5 $100
Leverage From 1:10
to 1:400
From 1:1
to 1:500
From 1:25
to 1:500
From 1:1
to 1:888
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread From 0 points From 1 point From 0 points From 1 point From 0 points
Level of margin call
/ stop out
50%  /  30% 25%  /  20% 100%  /  30% 50%  /  20% 25%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No No No $30 No
Cent accounts Yes No No Yes Yes

Broker comparison table of trading instruments

ForexChief FxPro Admiral Markets UK XM Group AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto Yes No Yes No Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock No No Yes Yes Yes
ETF No No Yes No No
Options No No No No No

Contacts

Registration address 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu
Regulation
Contacts

Tags:

forexchief forex chief forexchief.com

The Oldest Reviews of the ForexChief

The reviews by customers of the ForexChief indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexChief published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

Currently we are all in one way or another interconnected, forexchief is a broker who understands that why what I like most about them is that they have a signal tool that keeps me connected to my finances at all times.

I feel good when I use a service and it works for me, that's why I like forexchief, it is undemanding and very collaborative, it allows me to start with little and I can keep all my resources in an effective way.

There comes a time where everyone learns that they must consolidate their economy if they want to become independent and grow as a person, I use the forexchief broker to boost my capital, with its system of leverage and increased assets, I can grow at my own pace and help in the difficult task to gain stability.

For me a leverage system that supports me is extremely important, I enjoy that with my forexchief account, that has helped me to move forward quickly with the foreign exchange investment that is one of the companies that I proposed this year

I feel comfortable with forexchief because I like its system and platform adapts to my needs, I started using it because of the low commission and the possibility of using any tool that I find convenient.

I liked the possibility of buying more tools and applications to facilitate decision making, I think it is something very essential for people who start in the world of commerce.

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FAQs

Do reviews by traders influence the ForexChief rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about ForexChief you need to go to the broker's profile.

How to leave a review about ForexChief on the Traders Union website?

To leave a review about ForexChief, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about ForexChief on a non-Traders Union client?

Anyone can leave feedback about ForexChief on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with ForexChief through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.