ForexChief
4.5 out of 5
Offers the most popular trading platform for forex trading
 Providing clients a universal platform for trading over 60 Instruments
 Servers are located in multiple locations which improves the quality of the client's trading terminal connection
 Maximum leverage of 1:1000

ForexChief - General Information


Rebate Rates

Instruments

Account types

DirectFX

Classic+

CENT

xPRIME

Currencies (FX)

4 USD per lot 6 USD per lot 1.1 USD cents per lot 2 USD per lot

Metals

6 USD per lot 9 USD per lot 1.1 USD cents per lot 2.5 USD per lot

Indices

N/A N/A N/A N/A

Stocks

N/A N/A N/A N/A

Cryptos

N/A N/A N/A N/A

Payment Options

►Monthly Rebates in FxRebate account ►Monthly Rebates in FxRebate account ►Monthly Rebates in FxRebate account ►Monthly Rebates in FxRebate account

 

Notes

  1. The Rebates are calculated for one round turn lot (100,000 units) for all the instruments.
  2. For other trading instruments rebate information please contact us at office@fxrebate.eu.

ForexChief Overview

ForexChief Ltd. (Company Number №14777) is licensed by the Vanuatu Financial Services Commission as a Dealer in Securities (Principal’s License) pursuant to Section 4, subsection (1) (a) of The Dealers in Securities (Licensing) Act [CAP. 70] as amended.

The basic concept of the project is creation of a unique platform for online trading in currency contracts and precious metals on conditions of Margin Trading.

The foundation of the project's technological infrastructure is built on the STP/NDD model avoiding not only a conflict of interest between the company and the client, but also, in general, increasing service quality by means of narrow spreads and high speed trading order execution.


ForexChief Details
Company Name ForexChief Ltd
Country Vanuatu
Year Open 2014
Headquarters Vanuatu
Offices N/A
Employees 10+
License VFSC 14777
Regulatory Authorities VFSC
USA Clients No
Japanese Clients Yes
European Clients Yes
Canadian Clients Yes
Restricted Countries USA

Regulatory Authority
Agency The Vanuatu Financial Services Commission
Short Name VFSC
Country Vanuatu
Min Capitalization EUR 50,000
Government Enforced Segregated Accounts Yes
Description

The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, we were the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management.

In short the main function of the VFSC is to operate an effective and efficient Registry.In addition, it has been tasked to regulate and supervise the non-deposit taking financial services industry of Vanuatu. This function would include promoting the industry overseas and protecting its reputation from undesirable business persons.

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Account Options

Account Types DirectFX, Classic+, CENT, xPRIME
Min Deposit 10 USD
Max Leverage 1000:1
Min Trade Size 0.01 Lots
Max Trade Size 100 Lots
Spreads ForexChief Spreads
Spread Types Variable spreads
FX Pricing Decimals 5
Commission ForexChief Commissions
Rollover (Swaps) Rollover (Swaps) ForexChief
Stop Out Level 30%
VPS (Virtual Private Server) No

Trading Options
Execution Options STP/NDD, Market Execution
Instruments Forex, Metals, Commodities, Indices, Stocks, Cryptocurrencies
OCO Orders No
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed Yes
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes
Copy Trading No

Platforms Supported

Trading Platforms MT4, MT5, Mobile
Mobile Support MT4 Android, MT4 iOS (iPhone/iPad), MT5 Android, MT5 iOS (iPhone/iPad)
Trading API Yes
Managed Accounts Featured Yes
MAMM/PAMM Platform Option Yes
MAMM/PAMM Leaderboard Yes
Trading Platform Time UTC +03:00
Observe DST Change Yes
DST Change Timezone GMT + 03:00
Non-expiring Demo Yes

Funding Information

Deposit Methods Bank Wire, Credit/ Debit Card, Neteller, Skrill, Advanced Cash, WebMoney, Perfect Money, Fasapay, Globepay, Cryptos, Binance Pay
Withdrawal Methods Bank Wire, Credit/ Debit Card, Neteller, Skrill, Advanced Cash, WebMoney, Perfect Money, Fasapay, Globepay, Cryptos, Binance Pay
Broker to Broker Transfer No
Account Currency USD, CHF, GBP, EUR, JPY, RUB
Client Funds Bank N/A
Interest Bearing Accounts No
Government Enforced Segregated Accounts No


Operations volume based cashback

Basically in this type, you’ll receive cashback based on your operations volume. Based on this, you’ll generate commission to your provider. Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider.

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Crypto cashback available

You can receive cashback on cryptocurrency trades such as Bitcoin, Ethereum, Ripple, LiteCoin, Tether, etc.


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ForexChief Customer Service

 24-hour support

 Languages: Arabic, Bengali, Chinese, English, Farsi, French, Hindi, Indonesian, Italian, Portuguese, Russian, Spanish, Urdu

 Email, Phone, Live Chat

Contact ForexChief


Broker

Trading Credits up to 70%

Trading credits are termless and interest-free, and can be used as Equity when effecting forex trading. The obligatory condition for getting a trading credit is an account replenishment with own funds. The amount of credit may be up to 70% of the deposit.

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