ForexChief.com Review

I set up a demo account with Forexchief two months ago. I used the demo for two weeks and every thing was okay. During the time, customer service did great, helped me a lot with newbie questions. I opened a live account afterward, with $200. Started small and I was able to make profit. I still use Forexchief because they offer good conditions for trading. I don’t have experience with other brokers, but as along as I’m successful with this one, I keep trading. While many of my friends complain about services from their brokers, I don’t worry. I have recommended this broker to a few. Fast withdrawal is also a bonus point. It’s a 5 star broker for me. My name is Desmond.

I initially gave them 5 stars but current experience shows they are not worth 5 stars.
Any broker that will always have one reason or the other to cancel your withdrawal is a big no for me. It's creates an atmosphere of anxiety and uncertainty in your trading.
I have used both local bank transfer and Advanced cash to make deposit with Fxchief. I have also used advanced cash to make a withdrawal before.
I requested for a withdrawal yesterday and it was turned down. They said I should use local bank transfer. What's the point of having different withdrawal methods if one can't use them? The Advanced Cash account I requested withdrawal with was the exact one I used for a previous deposit.
I headed straight to Local bank withdrawal only to see a comment attached that local bank transfer could take up to 7 business days. What sought of nonsense is that? If there should be any faster method outside of e-wallet it should be local bank transfer.
This is making me doubt their sincerity as a broker.

Jul 22, 2021 - 5 Stars Forexchief has one of the best spreads I have seen in this Forex business. Trade executions are fast also, zero requote and a very responsive customer care. Withdrawals are very fast too. However, there are still room for improvement, like sending a mail prior to withdrawals and a mail after withdrawal. Overall, they are a good broker to trade with.

I returned to use this broker after a short break from Forex. Some things have changed. The spreads are lower and funding is now very fast. Forexchief treated me well 2 years ago despite the difficulty we get from my country. Two months into trading again and I am already making good profit. Order execution speed is perfect as usual.

One of the things I can say that separates Forexchief from many brokers like it is their simplicity. I registered 4 months ago to use 1:1000 leverage at the time. Yes, one can get up to that, but I reduced mine to 1:200. From funding, trading to withdrawal. Everything works fine. Only thing I am not happy with is that i did not get welcome bonus for my first deposit.

dear FPA LOGIN TO METATRADER 4: 1259838 i got welcome bonus form forexchief.com. my account full verified by phone call & documents i made profit near 400+they gave terms 50 lot i fill up it in 1 month hard try but they. i requested for withdrawal just only for 46$ by pm money account .today i seen my account is blocked & hunt & scam with my hard ALL earn money.

Very convenient platform. Registration and verification process was smooth. 3 weeks testing period was enough for me. Did my first withdrawal and was sent in 6 hours precisely. I like this broker.

When I started operating in the broker all orders were perfectly valid. But when I hit about 10% of profits strange things started happening in my account, like: trades weren't closed and my orders were validated at over 15 pips (150 points) from where the price was.

I contacted the support and they said that the chart that appeared to me was not the same chart where my trades were held. What is the point of presenting a different chart?

The conclusion I have reached is that if you are looking for a serious broker run away from ForexChief, because if you profit strange things will happen to your account just as it happened to me.

I started trading with a $50 deposit. Fund was low but I just wanted to see how the broker performs. They offer a cent account that allows micro lots and made it possible for me to place many trades with such a low fund. It was enough to know all I want to know. I later made another deposit and am still making money with Forexchief. Trade execution is fast; taking profit is fast and also stops loss function without a glitch. Most important, withdrawing profit is easy. Nice platform for expert traders.

My name is Samson; I have been trading with Forexchief for over 13 months and I can verify that it is a very decent broker. It has been an interesting experience, because I have had some ups and downs. However, the down times has been my own undoing. Forexchief's platform has been rock solid and I urge no one to underestimate this broke.
My concluding statement would be that the trading conditions a very attractive. Such as lower spreads, fast orders and a commission free ECN account option. There is no broker without issues, how fast it is solved matters alot. All finance or technical issues does not last more than 24 hours. I have had only twice delay in withdrawal, but once I send email, I get it very fast. For this reason, I think they deserve a 5 star.

The broker is actually not bad generally. The spreads are low and execution is fast. But I would prefer I don't get charged commission. I don’t like it and I have complained to customer service and they said nothing can be done about it. I signed up for an account without commission, but I see that they have charged me commission on all my trades. So I might not use for long. I was actually scrolling for other options of broker when I say Forexchief and decided to drop this note. Maybe if there is a solution in the future I would change rating. Thanks.