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Forex broker

FOREXCHIEF

FOREXCHIEF

Advantages:

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Disadvantages:

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About company:

 

Founded in 2014, ForexChief operates under the STP / NDD model and is an offshore broker licensed by the Vanuatu Financial Services Commission as a securities dealer. It has offices in Singapore and Moscow and offers Forex and precious metals trading on the MetaTrader 4 platform.

 

The Republic of Vanuatu offers a number of tax incentives: no income tax, no tax on capital export, tax on profits obtained as a result of exchange activities, turnover tax, inheritance tax. And the registration process for Forex and binary brokers is simplified and much cheaper. As the company assures, it guarantees the safety of client funds by applying a mechanism for separating client and own funds in bank accounts.

 

ForexChief offers its clients 2 types of accounts that are free of commission (MT4.Classic + and cent-MT4.Classic +), and 2 types of accounts with commissions but lower spreads (from 0 pips) - MT4.DirectFX and cent-MT4. DirectFX.

 

All account types provide a leverage of up to 1: 400, the ability to trade micro lots and a minimum deposit of $ 1. The owner of any of the accounts can copy the trades of successful traders and sell their own trading signals.

 

Like most brokers, ForexChief uses the most popular MetaTrader 4 (MT4) platform for trading, available for both desktop and mobile versions.

 

The terminal has earned a reputation for its ease of use and various useful features that allow traders to not only execute trades, but also analyze market dynamics, automate their trades with a wide range of experts and test their strategies.

 

The broker credits a welcome bonus of $ 20 to no deposit accounts. The bonus can be withdrawn without restrictions after the trading turnover has been completed.

 

ForexChief Ltd provides traders with the opportunity to earn additional income by participating in White Label and Ib Pro affiliate programs.

 

ForexChief offers its clients several ways to deposit and withdraw funds: bank transfer, credit / debit card, Skrill, WebMoney, Yandex.Money and Qiwi e-wallets.

 

FAQ - BROKER QUESTIONS FOREXCHIEF

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  • Can the broker FOREXCHIEF be considered honest?

    Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. FOREXCHIEF received a rating of 1 out of 5 on our resource.

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