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.
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 |
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