Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 1000:1 |
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Minimum to Open Live: | $50 |
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Established: | 2014 |
Address: | 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu |
Contact: | info@forexchief.com, +65 3159 3652 |
Regional offices: | |
Regulators: | VFSC #14777 |
Prohibited countries: |
Trading platforms: | MT4, MT5 |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (40+) |
Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
CFD: | (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
Deposit Methods: | Bank Wire, VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney |
Withdrawal Methods: | Bank Wire, VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney |
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Traders Reviews
Thank you !
Service use: Live
Length of use: 0-3 Months
Dec 25, 2020 - 1 Star My name is Lukas. I have trader with Forexchief since June. Here is account 1816588. I like the broker very well because it give me profit many times. But I am sad for them taking money from my account that I not understand why. I see money they take at right hand side of order all the time. I like the use of the broker trading, but I am hate them stealing money from my profit all time. I don't want that. Changing this broker so I want friends to know this
Reply by ForexChief submitted Dec 30, 2020 Dear Rocky1
Your account type is DirectFX, where you pay fee for each deal. Please read carefully conditions for each type of account, which described on the website:
https://www.forexchief.com/trading-conditions/account-types/
BR
ForexChief Representative
Excellent service
Service use: Live
Length of use: 0-3 Months
Best Forex Brokar For Everyone
Length of use: 3-6 Months
account cent
Service use: Live
Length of use: 3-6 Months
for withdrawals no problem always goes well at this broker .. thank you
Easy Peasy
Service use: Live
Length of use: 0-3 Months
There are certain things that make Forexchief even better. The broker gives me 1000:1 leverage; I only use it when I get a very strong signal. One has to be careful using high leverage, but it is good to have the option at all times. I could barely get 1:25 from my previous broker due to strict regulation. Thankfully I am free from those strict rules. Forex is fun and more profitable with a broker that gives lower spreads and takes lower fees.
I'll definitely recommend this broker to anyone looking for something good without stress. Registration, verification, and deposit all within 24 hours. I never knew that brokers outside my country could be this good. I love it
Registration completed
Service use: Live
Length of use: 0-3 Months
Nov 30, 2020 - 3 Stars It's Richmond here. I was going through forexpeacearmy when I stumbled on Forexchief. I liked what I saw, especially the bonus, very generous offers. Yes, I needed a broker with 1: 500 leverage and allows hedging and scalping. So I decided to register and use this broker. After registration, one code is sent to email and another to phone number. I got the phone number alright. I waited for the email code, but nothing came. How can you be a good broker and have a ****y system that cannot deliver email code. Well, I just thought everyone should know. This is bad for business
Fully verified
Service use: Live
Length of use: 0-3 Months
Nov 17, 2020 - 2 Stars I have been looking for a decent broker like Forexchief, finally found and I have registered an account 5400875. I actually registered through a link from here. I started with a demo account and now I am happy with it and moved to a live account. All things easy as of now. I had this bad experience from a broker called piggy fx; the moment I wanted to withdraw money they asked me to verify my identity. I sent documents and was rejected for no bloody reason. Thankfully my whole money was 56 usd. So I walked away.
Due to this experience, I want to verify my identity with Forexchief before doing any transactions. I have sent all documents and I am still waiting for them to verify data. Too bad it seems I have to wait a whole month to get verified. Lol... I might as well walk away.
Reply by ForexChief submitted Nov 23, 2020 Dear juliennehallina
According KYC rules we must request high quality photo or scan of the document, where all information is clearly readable. As we know once you had uploaded the appropriate file, you ve got "fully verified" status within 10 minutes.
BR
ForexChief Representative
Not able to open demo or real account
Service use: Demo
Length of use: Have not used
I was serious about opening real account with them but they could not help me open even a demo.
Very pathetic system of procedures. Very pathetic technical performance. Very pathetic mentality.

If you could not receive SMS then just push “Request a call” button, you will get a call with OTP. Let us know if you need any additional assistance
BR
ForexChief Representative
Nice Broker to use
Service use: Live
Length of use: 6-12 Months
Frequently Asked Questions
Is ForexChief a good broker?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if ForexChief is a good broker. https://www.forexpeacearmy.com/forex-reviews/13623/forexchief-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent ForexChief community discussions: https://www.forexpeacearmy.com/community/tags/forexchief/
Is ForexChief regulated?
Forex Chief is registered in Vanuatu and regulated by Vanuatu Financial Services Commission under license 14777.
What is the minimum deposit for ForexChief?
The minimum deposit to open an account with ForexChief is $50 for all available MT4 or MT5 accounts.
What is the maximum leverage for ForexChief?
The maximum leverage for ForexChief is 1000:1 for all available MT4 accounts and 400:1 for all avaiable MT5 accounts.
Does ForexChief permit hedging and scalping?
Yes. Hedging and scalping are both allowed in ForexChief, as well as Expert Advisor.
How do you get ForexChief bonus?
How to get the welcome bonus on ForexChief?
- Sign up and open standard trading account.
- Choose “Enroll Welcome Bonus” on the replenishment form.
- Complete operation and make sure the bonus is credited to account.
- Complete the required turnover and withdraw the bonus and all profit.
Service use: Live
Length of use: 0-3 Months
it looks like you didn't read carefully the conditions. To get swap-free option you need to send request via Ticket and wait confirmation from dealing dep.
BR
ForexChief Representative