Forex Broker

ForexChief

ForexChief is a licensed online trading platform offering a unique platform for trading in currency contracts and precious metals on conditions of Margin Trading.

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Basic Information

Full Company Name: ForexChief Ltd
Country: Vanuatu
Founded: 2014
Minimum Deposit: $10
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), ForexChief WebTrader
Minimum Trade Size: 0.01 lots
Business Model: No Dealing Desk (NDD)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller, FasaPay, Perfect Money)
Server Time Zone: GMT+3 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +65 3158 8389
Headquarters Address: Govant Building, BP 1276, Port Vila, Vanuatu

Regulatory Information

  1. Vanuatu Financial Services Commission (VFSC)
    • License Number: 14777
    • Regulatory Details: ForexChief Ltd is regulated by the VFSC, ensuring its operations comply with Vanuatu financial regulations.

Account Types

Account Type DirectFX Classic+ Cent-MT4.DirectFX Cent-MT4.Classic+
Minimum Deposit $10 $10 $10 $10
Spreads From 0.0 pips From 0.3 pips From 0.0 pips From 0.3 pips
Commission $15 per $1,000,000 traded None $15 per $1,000,000 traded None
Tradable Instruments Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices
Trading Platforms MT4, MT5, ForexChief WebTrader MT4, MT5, ForexChief WebTrader MT4, MT5, ForexChief WebTrader MT4, MT5, ForexChief WebTrader
Leverage Up to 1:1000 Up to 1:1000 Up to 1:1000 Up to 1:1000
Order Execution Market Execution Market Execution Market Execution Market Execution
Swap-Free Option Available Available Available Available
Hedging Margin 50% 50% 50% 50%
Margin Call Level 50% 50% 50% 50%
Stop-Out Level 20% 20% 20% 20%
Minimum Trade Lot Size 0.01 lots 0.01 lots 0.01 lots 0.01 lots
Maximum Trade Lot Size 100 lots 100 lots 100 lots 100 lots
Maximum Number of Positions No limit No limit No limit No limit

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