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xChief

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6.0
(17 Reviews)

Founded: 2014 Min Deposit: -

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
5.5
Trading Cost
5.9
Trading Platforms
5.9
Support
5.8
Licence Status
VFSC 14777
MISA T2023379
Authorised
Authorised
Contact
+65 31593652
info@xchief.com
https://www.xchief.com/
24/7 Client Support
Quick Response
Low Min Deposit
Deposit Bonus
Islamic Account
High Leverage
Negative Balance Protection
Multiple Trading Instruments
Multiple Base Currencies Support
Global Offices
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

xChief: Your Trusted Partner in Forex Trading 2024-04-03
Join xChief today and experience the difference for yourself!

Deposit and Withdrawal

5.9

Score

10+ funding options

Features

Fast Deposit
Deposit Bonus
10+ Payment method

See more
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Company and Service

6.0

Average

global offices & English language support

Features

24/7 Client Support
Profile
Headquarters Address
Bonovo Road, Fomboni Island of Hoheli, Comoros Union
Founded 2014
Broker Type
STP,  NDD
Time Zone GMT+2,GMT+3
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
MT5
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  French,  Hindi,  Indonesian,  Persian,  Portuguese,  Russian,  Spanish,  Thai,  Turkish,  Ukrainian,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Instagram,  Telegram,  Viber,  WeChat
Supported Language
English

Related Complaints

Q&A

Hi! Do you have any informations on the leverage this broker offer to their clients?

Ben
Mauritius
2022-12-09
ANSWER As for what the leverage Forex Chief providing for clients, we recommend that you ask the official customer service for a more accurate answer. For more details on this broker, please check our full Forex Chief review.BrokersView reminds youForex Chief claims to be owned and operated by ForexChief Ltd, a Vanuatu-based firm regulated by the Vanuatu Financial Services Commission (VFSC) under license number 14745. We indeed find a match result to ForexChief Ltd in VFSC.But please be informed that VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of ForexChief Ltd. We would recommend exercising caution when dealing with VFSC- regulated brokers.
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Would you recommend ForexChief as a reputable broker, considering they're still pretty new in the brokerage world?？

Jx
Malaysia
2022-01-17
ANSWER Forex Chief claims to be owned and operated by ForexChief Ltd, a Vanuatu-based firm regulated by the Vanuatu Financial Services Commission (VFSC) under license number 14745. We checked the broker's statement and found that the company named ForexChief Ltd is in the licensed list. However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. If you would like to know more details about this broker, please check our full Forex Chief review.
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Overall Score

6.0
17 Reviews

Cost 5.9

Platforms 5.9

Deposit & Withdrawal 5.9

Customer Support 5.8

Indicates the average level of Brokers

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17 Reviews Clear filter

Sort by
Ta Nana
7-12 months Classic+ Vietnam
I have been trading for a while and I haven't had any problems❤️
2024-05-08
Reply
طاهر
0-6 months DirectFX Iraq
A fraudulent broker. They closed my account for no reason. Please stay away from him and beware of dealing with this fraudulent broker. He will steal your money.
2024-04-28
Reply
Benyamin Beigi
1-3 years xPRIME Iran
VDP Plugin on all of account types is running and it will cause delay on order execution to prevent Traders making profits
2024-04-03
Reply
Mick Flip
7-12 months xPRIME Sweden
Forexchief came recommended from a forum where a trader shared their analyses alongside their success with Forexchief. Intrigued, I signed up. So far, it's been smooth sailing. Transactions are seamless, support is reliable, and profits are steady. In short, Forexchief delivers.
2024-02-06
Reply
Sajjad Epshtein
1-3 years MT5.DirectFX Accuont Saipan
I've had some experience with ForexChief and I must say, it's not a bad company. They do have their advantages. The trading platform is quite user-friendly, and their range of trading instruments is decent. Customer support, while not exceptional, is still responsive and helpful. However, like any company, there's room for improvement. Overall, I'd say ForexChief is a decent option for those looking to get into forex trading.
2023-09-18
Reply
Nero Azemi
Gaithersburg
Me too, I opened an account and there was no customer service staff.
2023-09-14
Reply
Ben Ingargiola
Jordan
The wide variety of trading products allows me to choose more investment opportunities, which is very good!
2023-09-12
Reply
Alexandros Matibag
Heard Island and McDonald Islands
I hope that more domestic servers can be added to speed up the withdrawal process, so that withdrawals can be made within the same day.
2023-09-08
Reply
Pasha Fineberg
American Samoa
New platform, new atmosphere, conscientious merchants, I believe you will become a new benchmark in the industry
2023-09-06
Reply
Nunzio Clifford
0-6 months cent-MT4.DirectFX Account Nicaragua
Forex Chief, your support's gotta pick up the pace. Responses can be slow, leaving me hanging when I need a trading friend
2023-08-31
Reply

1-10 of 17 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.