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.
Tags:Forex BrokerBasic 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
- 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 |
Relevant Navigation
FxPro is an international CFD and forex broker, regulated by the UK’s FCA, CySEC of Cyprus and the SCB in the Bahamas. FxPro’s account opening process is fast, fully online, and user-friendly. FxPro has a well-performing customer service that provides fast and relevant answers and can be contacted in many languages.
