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xChief has announced a reduction in the minimum deposit required to open an xPRIME account, lowering it from $2,000 to $500. The xPRIME account offers features such as spreads starting from 0 pips and ECN technology.
xChief has implemented a change to its xPRIME account, lowering the minimum deposit requirement from $2,000 to $500. The xPRIME account is described as offering spreads starting from 0 pips and utilizing ECN technology. No additional details or terms regarding the update were provided in the announcement.
xChief (ForexChief) is an online platform that offers margin trading in currency contracts and precious metals through an STP/NDD execution model, aiming to reduce conflicts of interest and provide tight spreads with fast order execution. The broker emphasizes platform stability and operates under a license from the Mwali International Services Authority. Key features include a high level of security, competitive trading conditions, and access to bonuses and affiliate programs, while support is available 24/5 and passive trading tools are limited. For further details, see the broker profile on Traders Union.
For further background, see our previous xChief update on Traders Union, which covered the broker’s $1,000 bonus promotion aimed at attracting experienced traders to create and manage public investment funds.