Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 1000:1 |
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Minimum Deposit: | $50 |
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Established: | 2014 |
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Address: | 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu |
Customer Service: | info@forexchief.com, +65 3159 3652 |
Regional offices: | |
Regulations: | VFSC #14777 |
Prohibited countries: |
Trading platforms: | MT4, MT5 |
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Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Trading Instruments |
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Currencies: | (40+) |
Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
CFD: | (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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EAs/Robots: | ✅ Yes |
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News Spike Trading: | ✅ Yes |
Scalping: | ✅ Yes |
Managed Accounts & Social Trading |
Deposit Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney |
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Withdrawal Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney |
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Traders Reviews
Service use: Live
Length of use: over 1 Year
Apr 28, 2022 - 1 Star My name is Aaron, my account is 1072291. I have been using Forexchief for 2 years. All this time I deposited via my bank card and withdraw profit to my bank account. Everything looks good, until recently when I decided to make deposits via Bitcoin. I understand the rules that I have to withdraw to my Bitcoin account. I made a huge profit of $732 recently and decided to withdraw via Bitcoin. My withdrawal didn't go through, because they said I provided wrong information. We have been at this for 5 days now. I feel the broker does not want to give me my money so I am here because I need help getting money from this broker. help!!!
Reply by ForexChief submitted May 2, 2022 Dear Youssef
Please check the comment inside your declined transaction, you specified wrong BTC address. Just repeat withdrawal request with correct BTC address. Have a nice week!
BR
ForexChief Representative
Good services, fast orders and quick withdrawal
Service use: Live
Length of use: 0-3 Months
I’ll recommend this broker any day
Service use: Other
Length of use: 0-3 Months
Service use: Live
Length of use: over 1 Year
Feb 12, 2022 - 1 Star My money deduction from traction account and not credited to bank
I think finally I got scammed indian clients be safety exit this broker as soon as possible USD1181130
54.90$
Reply by ForexChief submitted Feb 14, 2022 Dear Joshi
you sent withdrawal request 4152 INR (54.90 USD) at saturday 12th Feb
and received the payment by bank at monday 14th Feb
as you were explained bank payments don't work in weekends, so you got money at monday
Have a nice week!
BR
ForexChief Representative
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 $10 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 and 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.
Length of use: 0-3 Months
May 19, 2022 - 2 Stars Hello, my name is Jonathan, I am registered with Forexchief. Just to be sure please check my account number on 1087564. Look, I am not that new to Forex, but I have been using this broker for just 2 months. I think it is best I post this here so that they will take me seriously.
I have never logged out of my account since I created it. Always used the mt4. I already have $237 in profit. I know it is not much, but this means a lot to me. I have not placed a withdrawal yet. So, two days ago, I don’t know what went wrong, but I was logged out of my mt4. I tried to login but my password wasn’t working anymore. I decided to reset my password, maybe I have forgotten it since I never used it more than once.
Till this very moment, this broker has not sent me code to reset it. I told customer service I want to withdraw my funds; maybe they decided to lock me out. They claim they send the code, I don’t see the code. This is a very bad broker after all. Stay away guys
Reply by ForexChief submitted May 20, 2022 Dear Jonathan
as you know you can reset/change MT password inside your Personal Area, just choose section "Change Account Password". If you get enabled 2FA Google Auth then you'll get OTP inside google app, otherwise it will come by email. Please be sure you check spam folder. Also you can contact support team to get some help, choose Live Chat on the website.
Have a nice day!
BR
ForexChief Representative