Forexchief login personal area
Popular trading platform metatrader 4/5 developed by metaquotes, including a mobile terminal for ios and android operating systems.
Top forex bonuses
Advanced platforms
Popular trading platform metatrader 4/5 developed by metaquotes, including a mobile terminal for ios and android operating systems.
MQL4/5 programming language, a wide variety of tools for technical analysis, trading signals, and VPS service.
Trading credits
Deposit funds in your account and get a trading credit up to 50% of the amount deposited.
Trading credits are termless and interest-free, and can be used as guarantees when effecting transactions.
Turnover bonuses
Turnover bonuses are analogues of rebates or cashback. Earn up to $10 for 1 mln. USD of the trading turnover.
Progressive remunirations scale, bonuses are credited automatically and can be withdrawn immediately without any restrictions.
Copy trading
Copy trades of successful traders in the automatic mode or sell your trading signals to subscribers all over the world.
The service was developed by the metaquotes company and was integrated into the metatrader client terminal.
Partnership
CPA (cost-per-action) remuneration up to $300 for each attracted client.
Subsequent «eternal» remuneration for the referrals turnover calculated on a progressive scale - up to
Liquidity provider
Open new opportunities for your brokerage company with forexchief aggregated liquidity.
Effective B2B solution that allows you to offer competitive terms to the most demanding clients on the basis of developed technological infrastructure.
Regulated & licensed
Metatrader 4 and 5
Wide range of contracts
Aggregated liquidity
Bonus programs
Partnership
Bonuses and promotions
- Analog of "bonus for deposit"
- Increase the amount of funds in the account
- Opportunity to receive up to 20,000 USD
- Perpetual and interest-free
- The profit can be withdrawn without restrictions
- No hidden conditions, can be opt out anytime
- Analog of rebates and cashback
- Progressive remuneration scale
- Credited automatically
- Can be withdrawn anytime without restrictions
- Excellent opportunity for additional income
- The bonus is credited automatically upon the first deposit
- The maximum bonus is equal to $500
- The bonus can be withdrawn after performing the required turnover. The profit can be withdrawn without restrictions
- Trading robots and any strategies are allowed, including scalping and arbitrage
- Welcome bonus has unlimited duration
Account types
This is the main account type in the line of forexchief trading accounts designed for experienced traders. The distinctive features of this account are narrow spreads without "markups" and a broker fee, whose amount is calculated as based on the transaction volume at the rate of $15 for USD 1 mln.
This is a classic account type with a "floating" spread that has no transaction fee. Client's orders are executed in "market execution" mode, while the standard speed of trading order execution on the server is in the range of 100-150 msec (under regular market conditions).
This is a "cent" account, whose balance span exceeds that standard hundredfold. Otherwise, this account type is completely identical to the MT4.Directfx. These accounts will be suitable for those clients who want to test MT4.Directfx on its "cent" counterpart.
This is a "cent" account that is different from MT4.Classic+ only by its balance span. Otherwise, those account types are identical. As it’s an intermediary stage between a demo-account and a real standard account, the cent-MT4.Classic+ allows users to make a comfortable transition from "virtual" trading to operation with real money.
The basic option for professionals in the line of forexchief trading accounts. Stable high liquidity, narrow spreads without «markups», the minimum brokerage commission on the transaction volume ($15 for 1 million USD) allows to effectively use all advantages of MT5 trading terminal and «one click trading» technology.
Classic trading account with a "floating" spread without deals fee. Full access to all MT5 functions, «market execution» mode, average speed of ordering does not exceed 100-150 msec (in conditions of a stable market). The optimal solution for professional systems with the modeling of profitability using the floating spread method without taking into account commission costs.
«cent» analog MT5.Directfx, the balance dimension of trading account is 100 times larger. Accounting for trading results in cents is beneficial for beginners, who can not risk large sums, and professionals who perform testing or optimization of trading systems or methods of management
"cent" version of MT5.Classic+ with a low level of risk. Guarantees maximum of practical experience at minimal costs. It is recommended for all systems based on floating spread without deals commission. Provides a comfortable transition from demo trading and small deposits to a full trading account.
Deposit and withdrawal
Wide range of payment systems, 0% commission, negative balance protection, segregation of client funds
Company news
Analytics
Quotes
© 2014-2021, forexchief ltd
Risk warning: trading with complex financial instruments such as stocks, futures, currency pairs, contracts for difference (CFD), indexes, options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can't afford to lose. Until you begin to carry out trading transactions, make sure that you fully realize the risks associated with this type of activity.
Welcome bonus up to $500
Welcome bonus - a bonus which is equal to 100% of the first deposit, but does not exceed $500. It is credited automatically. The profit can be withdrawn without any limitations, and the bonus itself can be withdrawn after required trading turnover completed.
Welcome bonus advantages
How to get the welcome bonus
Terms and conditions
- To credit a welcome bonus, it is required to open a live account MT4.Directfx, MT4.Classic+, MT5.Directfx or MT5.Classic+. Please note, "cent" accounts are not allowed. Welcome bonus can be credited only to standard account.
- Welcome bonus can be obtained only once with the first deposit of at least $50. For this purpose, check “enroll welcome bonus” option on the replenishment form.
- Bonus amount is equal to 100% of the deposit sum, but can not exceed $500 (or equivalent in the account currency).
- The profit can be withdrawn at any time, but the welcome bonus can be withdrawn only after the required trading turnover is achieved. The required trading turnover can be calculated upon the formula: .
Example:
The trader made a deposit $200 and received welcome bonus $200. Required turnover = 200 * 50,000 = $10,000,000 (which is equivalent to 44 lots of EURUSD in metatrader)
Examples:
BUY 1 lot EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at 1.1283.
SELL 5 lot USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed at 109.352.
BUY 3.5 lot GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed at 1.2985.
Example:
The trader made a deposit $500 and received welcome bonus $500. In case the equity goes down to $500 (value in the credit field), welcome bonus will be automatically cancelled, and all positions will be closed forcibly (stop out).
© 2014-2021, forexchief ltd
Risk warning: trading with complex financial instruments such as stocks, futures, currency pairs, contracts for difference (CFD), indexes, options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can't afford to lose. Until you begin to carry out trading transactions, make sure that you fully realize the risks associated with this type of activity.
Platform canggih
Platform trading yang terkenal, metatrader 4/5 yang dikembangkan oleh metaquotes, menyediakan juga terminal mobile untuk sistem operasi ios dan android.
Bahasa pemrograman MQL4/5, berbagai alat analisa teknis, sinyal perdagangan, dan layanan VPS.
Trading credit
Depositkan dana pada akun anda dan dapatkan trading credit sampai dengan 50% dari jumlah deposit.
Trading credit yang tak terbatas dan tanpa bunga, dan dapat digunakan sebagai jaminan saat mempengaruhi transaksi.
Program bonus
Bonus turnover sama seperti rabat atau cashback. Dapatkan hingga $10 untuk 1 juta USD dari turnover trading.
Skala remunerasi progresif, bonus dikreditkan secara otomatis dan dapat di withdraw langsung tanpa pembatasan.
Menyalin perdagangan
Menyalin perdagangan dari trader yang sukses secara otomatis atau menjual sinyal trading anda untuk trader di seluruh dunia.
Layanan ini dikembangkan oleh perusahaan metaquotes dan diintegrasikan ke dalam terminal metatrader klien.
Program kemitraan
Remunerasi CPA (cost-per-action) hingga $300 untuk setiap klien yang bergabung.
Remunerasi «terus-menerus» dihitung pada skala progresif - hingga
Penyedia likuiditas
Membuka peluang baru bagi perusahaan pialang anda dengan gabungan likuiditas forexchief.
Solusi B2B yang efektif, memungkinkan untuk menawarkan persyaratan kompetitif untuk klien yang paling menuntut atas dasar infrastukture teknologi yang dikembangkan.
Regulasi dan lisensi
Metatrader 4 dan 5
Berbagai jenis kontrak
Likuiditas teragregasi
Program bonus
Kemitraan
Bonus dan promosi
- Pilih jumlah "bonus deposit" sendiri
- Tambahan jumlah dana di akun
- Peluang untuk mendapatkan hingga 20.000 USD
- Tanpa batas waktu dan bebas bunga
- Profit bisa diwithdraw tanpa pembatasan
- Syarat dan ketentuan terlampir jelas, klien dapat membatalkan kapanpun
- Dapatkan rebate dan cashback
- Skala remunerasi yang progresif
- Dikreditkan secara otomatis
- Dapat diwithdraw kapan saja tanpa pembatasan
- Peluang luar biasa untuk penghasilan tambahan
- Bonus dikreditkan ke akun trading anda secara otomatis saat pertama kali deposit
- Maksimal bonus yang bisa didapatkan adalah $500
- Bonus dapat di withdraw setelah syarat turnover terpenuhi. Profit dapat di withdraw tanpa batasan
- Diperbolehkan untuk menggunakan robot dan strategi trading apa pun, termasuk scalping dan arbitrage
- Welcome bonus tidak memiliki batas waktu (unlimited)
Jenis akun
Ini adalah jenis akun utama di forexchief yang dirancang untuk trader berpengalaman. Fitur utama dari akun ini adalah spread yang ketat tanpa "markup" dan biaya broker, yang jumlahnya dihitung berdasarkan volume transaksi, $15 untuk USD 1 juta.
Ini adalah tipe akun klasik dengan spread "floating" yang tidak memiliki biaya transaksi. Order klien dieksekusi dalam mode "market execution". Sementara kecepatan standar eksekusi order trading di server berada di kisaran 100 - 150 msec (di bawah kondisi pasar reguler).
Ini adalah akun "cent", yang rentang balance nya melebihi akun standar seratus kali lipat. Pada dasarnya, tipe akun ini benar-benar sama dengan akun MT4.Directfx. Akun ini akan cocok untuk klien yang ingin menguji MT4.Directfx di "cent"-nya.
Ini adalah akun "cent" yang berbeda dari MT4.Classic+ hanya dalam rentang balance nya. Pada dasarnya, tipe akun ini sama. Karena ini adalah tahap perantara antara akun demo dan akun standar real, cent-MT4.Classic+ memungkinkan klien untuk melakukan transisi yang nyaman dari trading "virtual" ke trading dengan uang real.
Opsi dasar untuk para profesional dalam trading bersama forexchief. Likuiditas tinggi yang stabil, spread ketat tanpa "markup", komisi broker minimum pada volume transaksi ($15 per 1 juta USD) memungkinkan untuk menggunakan semua kelebihan terminal perdagangan MT5 secara efektif dan teknologi "one click trading".
Akun trading klasik dengan spread "floating" tanpa biaya transaksi. Akses penuh ke semua fungsi MT5. Mode "market execution", kecepatan order rata-rata tidak melebihi 100-150 msec (dalam kondisi pasar stabil). Solusi optimal untuk sistem profesional dengan profitabilitas menggunakan metode floating spread tanpa memperhitungkan biaya komisi.
"cent" analog MT5.Directfx, skala balance akun trading adalah 100 kali lebih besar. Akunting untuk hasil trading dalam cent bermanfaat bagi pemula, yang tidak mengambil resiko dalam jumlah besar, dan profesional dapat menguji kinerja atau optimalisasi sistem trading metode manajemen.
Versi "cent" MT5.Classic+ dengan tingkat resiko rendah. Klien dapat merasakan pengalaman trading secara real dengan biaya minimal. Disarankan untuk semua sistem yang berbasis pada spread floating dan tanpa komisi. Memberikan transisi yang nyaman dari trading demo dan deposit kecil ke akun trading real.
Deposit dan penarikan
Berbagai macam sistem pembayaran, komisi 0%, perlindungan balance negatif, pemisahan dana klien
Berita perusahaan
Analisa
Kutipan mata uang
© 2014-2021, forexchief ltd
Peringatan resiko: trading dengan instrumen keuangan yang kompleks seperti saham, futures, pasangan mata uang, contracts for difference (CFD), indeks, options dan instrumen keuangan derivatif lainnya, melibatkan tingkat resiko yang tinggi dan tidak cocok untuk semua kategori investor. Anda harus menyadari bahwa ada kemungkinan hilangnya sebagian atau semua investasi awal anda dan anda tidak dipaksa harus berinvestasi jika anda tidak siap untuk mengalami kerugian. Jika anda sudah mulai siap melakukan transaksi perdagangan, pastikan bahwa anda sepenuhnya menyadari resiko yang terkait dengan semua jenis perdagangan.
Welcome bonus hingga $500
Welcome bonus - dapatkan bonus 100% dari jumlah deposit, maksimal bonus $500. Bonus akan dikreditkan secara otomatis. Profit dapat di withdraw tanpa batasan apa pun, dan bonus itu sendiri dapat di withdraw setelah syarat turnover terpenuhi.
Keuntungan welcome bonus
Bagaimana cara untuk mendapatkan welcome bonus
Syarat dan ketentuan
- Demi kenyamanan anda, kami membuat lengkap, yang menjelaskan secara rinci seluruh prosedur untuk mendapatkan bonus.
- Untuk mendapatkan welcome bonus, diharuskan membuka akun live MT4.Directfx, MT4.Classic+, MT5.Directfx atau MT5.Classic+. Harap diperhatikan, akun "cent" tidak dapat menerima welcome bonus. Welcome bonus hanya dapat dikreditkan ke akun standar.
- Welcome bonus dapat diperoleh hanya satu kali dengan deposit pertama minimal $50. Untuk mendapatkan welcome bonus, centang opsi "mendaftar welcome bonus" di formulir yang sudah tersedia.
- Jumlah bonus sama dengan 100% dari jumlah deposit, tetapi tidak dapat melebihi $500 (atau setara dengan mata uang akun).
- Profit dapat di withdraw kapan saja, tetapi welcome bonus dapat di withdraw hanya setelah syarat turnover terpenuhi. Turnover yang diperlukan dapat dihitung dengan rumus:
Contoh:
Klien melakukan deposit $200 dan menerima welcome bonus $200. Turnover yang diperlukan = 200 * 50.000 = $10.000.000 (yang setara dengan 44 lot EURUSD di metatrader)
Contoh:
BUY 1 lot EURUSD order dibuka pada harga 1.1257 dan ditutup pada 1.1283. Turnover trading dalam USD untuk order ini
SELL 5 lot USDJPY order dibuka pada harga 109.806 dan ditutup di 109.352. Turnover trading dalam USD untuk order ini
BUY 3.5 lot GBPUSD order dibuka pada harga 1.2978 dan ditutup di 1.2985. Turnover trading dalam USD untuk order ini
Contoh:
Klien melakukan deposit $500 dan menerima welcome bonus $500. Jika equity turun menjadi $500 (nilai di kolom kredit), welcome bonus akan secara otomatis dibatalkan, dan semua posisi akan ditutup secara paksa (stop out).
© 2014-2021, forexchief ltd
Peringatan resiko: trading dengan instrumen keuangan yang kompleks seperti saham, futures, pasangan mata uang, contracts for difference (CFD), indeks, options dan instrumen keuangan derivatif lainnya, melibatkan tingkat resiko yang tinggi dan tidak cocok untuk semua kategori investor. Anda harus menyadari bahwa ada kemungkinan hilangnya sebagian atau semua investasi awal anda dan anda tidak dipaksa harus berinvestasi jika anda tidak siap untuk mengalami kerugian. Jika anda sudah mulai siap melakukan transaksi perdagangan, pastikan bahwa anda sepenuhnya menyadari resiko yang terkait dengan semua jenis perdagangan.
Welcome bonus hingga $500
Welcome bonus - dapatkan bonus 100% dari jumlah deposit, maksimal bonus $500. Bonus akan dikreditkan secara otomatis. Profit dapat di withdraw tanpa batasan apa pun, dan bonus itu sendiri dapat di withdraw setelah syarat turnover terpenuhi.
Keuntungan welcome bonus
Bagaimana cara untuk mendapatkan welcome bonus
Syarat dan ketentuan
- Demi kenyamanan anda, kami membuat lengkap, yang menjelaskan secara rinci seluruh prosedur untuk mendapatkan bonus.
- Untuk mendapatkan welcome bonus, diharuskan membuka akun live MT4.Directfx, MT4.Classic+, MT5.Directfx atau MT5.Classic+. Harap diperhatikan, akun "cent" tidak dapat menerima welcome bonus. Welcome bonus hanya dapat dikreditkan ke akun standar.
- Welcome bonus dapat diperoleh hanya satu kali dengan deposit pertama minimal $50. Untuk mendapatkan welcome bonus, centang opsi "mendaftar welcome bonus" di formulir yang sudah tersedia.
- Jumlah bonus sama dengan 100% dari jumlah deposit, tetapi tidak dapat melebihi $500 (atau setara dengan mata uang akun).
- Profit dapat di withdraw kapan saja, tetapi welcome bonus dapat di withdraw hanya setelah syarat turnover terpenuhi. Turnover yang diperlukan dapat dihitung dengan rumus:
Contoh:
Klien melakukan deposit $200 dan menerima welcome bonus $200. Turnover yang diperlukan = 200 * 50.000 = $10.000.000 (yang setara dengan 44 lot EURUSD di metatrader)
Contoh:
BUY 1 lot EURUSD order dibuka pada harga 1.1257 dan ditutup pada 1.1283. Turnover trading dalam USD untuk order ini
SELL 5 lot USDJPY order dibuka pada harga 109.806 dan ditutup di 109.352. Turnover trading dalam USD untuk order ini
BUY 3.5 lot GBPUSD order dibuka pada harga 1.2978 dan ditutup di 1.2985. Turnover trading dalam USD untuk order ini
Contoh:
Klien melakukan deposit $500 dan menerima welcome bonus $500. Jika equity turun menjadi $500 (nilai di kolom kredit), welcome bonus akan secara otomatis dibatalkan, dan semua posisi akan ditutup secara paksa (stop out).
© 2014-2021, forexchief ltd
Peringatan resiko: trading dengan instrumen keuangan yang kompleks seperti saham, futures, pasangan mata uang, contracts for difference (CFD), indeks, options dan instrumen keuangan derivatif lainnya, melibatkan tingkat resiko yang tinggi dan tidak cocok untuk semua kategori investor. Anda harus menyadari bahwa ada kemungkinan hilangnya sebagian atau semua investasi awal anda dan anda tidak dipaksa harus berinvestasi jika anda tidak siap untuk mengalami kerugian. Jika anda sudah mulai siap melakukan transaksi perdagangan, pastikan bahwa anda sepenuhnya menyadari resiko yang terkait dengan semua jenis perdagangan.
Forex brokers lab
BROKERS with LOW SPREADS
ASIC REGULATED BROKERS
BROKERS with MINIMUM DEPOSIT
BEST FOREX BONUSES
Regulators : VFSC
Cryptocurrencies: YES
Minimum deposit: $100
Maximum leverage: 1:400
Spreads: low
My score: 2.6
Today, I’m going to introduce you to forexchief. The broker established in 2014 and based 1276 kumul hwy, 1st flr govant bldg port vila, vanuatu. Forexchief has offices in switzerland, singapore, south africa and nigeria.
Furthermore, forexchief is an offshore broker and I will give more info about it in the regulation section.
In this forexchief review, you will learn is forexchief scam or not. Moreover, what are the account types of the broker? How good is forexchief trading conditions such as spreads, leverage, minimum deposit and bonuses?
Don’t open a trading account before reading the most detailed forex chief review on the internet!
Forexchief regulation and investor protection
As I said on the first part of the review, forexchief is an offshore broker and licensed by the vanuatu financial services commission as a dealer in securities (principal’s license).
The company behind the broker is forexchief ltd. (company number 14777).
Whereas, the vanuatu license may be partly acceptable but it is not giving much confidence. For reason of that, I can say the minimum capital requirements.
I think forexchief have chosen to register in vanuatu because of the minimum capital requirement is only $2,000.
It doesn’t cover any compensation when clients have a complaint against the broker. Also, it is hard to seek legal recourse when the broker based offshore.
After talking about the regulation let’s continue with another section.
Account types and spreads
Forexchief offers its clients four account types. These are MT4.Directfx, MT4.Classic+, cent-MT4.Directfx, and cent-MT4.Classic+. You can choose also the MT5 version there are not any differences between them.
As you see in the table below, each account can be opened with a minimum deposit of $100 (or equivalent) in the following currencies – USD/CHF/GBP/EUR/JPY.
| Account type | minimum deposit | maximum leverage | minimum trade size | average spreads (& commission) |
|---|---|---|---|---|
| MT4.Directfx | $100 | 1:400 | 0.01 | 0.4 pips +$15 per 1 mln. USD |
| cent-MT4.Directfx | $100 | 1:400 | 0.01 | 0.4 pips + $15 per 1 mln. USD |
| MT4.Classic+ | $100 | 1:400 | 0.01 | 0.7 pips |
| cent- MT4.Classic+ | $100 | 1:400 | 0.01 | 0.7 pips |
There are differences in spreads among account types. The cent-MT4.Classic+ and MT4.Classic+ accounts have no commission. Spread for the MT4.Directfx and cent-MT4.Directfx accounts start from 0 pips; and for others, from 0.3 pips.
Commission for the MT4.Directfx and cent-MT4.Directfx is $15 per 1 mln. USD.
The maximum leverage is up to 1:400 and minimum order size is 0.01 lot for all accounts. Besides, expert advisors and scalping are allowed with the broker.
Trading platforms
Forexchief provides the metatrader 4 platform which is the most popular platform among the brokers and traders.
Also, the metatrader 5 is available which the new version of the MT4 is. You can use both platforms on desktop, ios and android devices.
So, the reasons why MT4 is so popular are intuitively understandable interface, embedded programming language MQL 4, a wide variety of indicators and tools for technical analysis, direct market access through MT4 bridge technology.
However, MT5 has the MQL5 programming language, code base technical indicators database, strategy tester, application store, a wide range of tools for DMA/STP.
Trading instruments
Forexchief offers 50+ forex pairs, metals, commodity cfds, stock, index and cryptocurrencies. Precious metals are silver, gold, palladium and platinum. Commodities are brent crude oil, US natural gas and WTI crude oil.
The cryptocurrencies offered by forexchief are bitcoin, bitcoin cash, ethereum, litecoin and ripple.
Customer service
Honestly, I didn’t like the website, www.Forexchief.Com, of the broker design. It looks like very amateur. I think the designer wanted to compare it to the financial times website.
Despite the website does not give a positive impression, they have a variety of live chat options. While many brokers don’t offer live chat, these options are a massive advantage for forexchief.
The website supports english, russian, indonesian, chinese, spanish and more.
Forexchief bonus
The broker offers two bonuses: welcome bonus and turnover bonuses.
Forexchief’ welcome no deposit bonus $100 allows you to check the company’s services and test the trading strategy chosen. You can get no deposit bonus forex on your account automatically, no personal documents for verification required.
Of course, there are terms and conditions and forexchief have created a complete video-tutorial for you, which explains in details the whole procedure of obtaining the forexchief bonus.
Turnover bonus allows active traders to earn additional income in the form of weekly rewards for trading turnover. The program operates in automatic mode and does not require any actions in the personal area for activating this service.
By the end of each week, weekly trading turnover is calculated, and the appropriate bonus is credited to the trading account. The bonus program’s distinctive advantages are its lack of secret terms and conditions, progressive rates, weekly payments, lack of MTP, and unlimited withdrawal.
You can see the examples, bonus terms and conditions here.
Deposit and withdrawal methods of forexchief
There are a variety of deposit and withdrawal options offered by forexchief. Deposit options are bank wire transfer, local transfers (china, indonesia, and nigeria), credit / debit cards, electronic payments such as bitcoin, skrill, neteller, webmoney, perfectmoney, fasapay and qivi wallet.
It is good to have these kinds of deposit and withdrawal methods for this broker. Because many other offshore brokers don’t provide as much as forexchief.
Transfer time of the withdrawal methods should be better. It takes 3-5 business day when you use bank wire transfer. It takes 3 business day with credit / debit cards and 1 business day e-wallets systems.
Also, there are commission and fees some methods. You can check them on the picture above.
If you want to deposit and withdraw your account without any problem I recommend to trade with a broker who is in my top forex brokers list.
Conclusion
Unfortunately, my impressions about forexchief are not positive at all. While account types, trading conditions, withdrawals and deposit options are positive, on the other hand, my main concern with the broker is loose regulation.
I would advise you to trade a forex broker who licensed in UK, or cyprus for instance, where regulation is strict and there are compensation schemes, which will protect your money if your broker becomes bankrupt.
At the end of my word, you can check out the pros and cons of the broker on the bottom of the page.
Forexchief welcome bonus up to 500 USD
Welcome bonus - a bonus which is equal to 100% of the first deposit, but does not
exceed $500. It is credited automatically and does not require personal documents
verification. The profit can be withdrawn without any limitations, and the bonus itself
can be withdrawn after required trading turnover completed.
Welcome bonus advantages
1. There is no need to upload personal documents and wait for data verification.
2. The bonus is credited automatically upon the first deposit.
3. The maximum bonus is equal to $500.
4. The bonus can be withdrawn after performing the required turnover. The profit can be
withdrawn without restrictions.
5. Trading robots and any strategies are allowed, including scalping and arbitrage.
6. Welcome bonus has unlimited duration.
How to get the welcome bonus
1. Sign up and open standard trading account
2. Choose “enroll welcome bonus” on the replenishment form
3. Complete operation and make sure the bonus is credited to account
4. Complete the required turnover and withdraw the bonus and all profit
Terms and conditions
1. To credit a welcome bonus, it is required to open a live account MT4.Directfx,
MT4.Classic+, MT5.Directfx or MT5.Classic+. Please note, "cent" accounts are not
allowed. Welcome bonus can be credited only to standard account.
2. Welcome bonus can be obtained only once with the first deposit of at least $50.
For this purpose, check “enroll welcome bonus” option on the replenishment
form.
3. Bonus amount is equal to 100% of the deposit sum, but cannot exceed $500 (or
equivalent in the account currency).
4. The profit can be withdrawn at any time, but the welcome bonus can be
withdrawn only after the required trading turnover is achieved. The required
trading turnover can be calculated upon the formula: required turnover =
welcome bonus in USD * 50,000.
Example:
the trader made a deposit $200 and received welcome bonus $200. Required turnover =
200 * 50,000 = $10,000,000 (which is equivalent to 44 lots of EURUSD in metatrader)
5. Trading turnover is calculated as a total turnover of all deals for opening and
closing positions.
Examples:
BUY 1 lot EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at
1.1283. Trading turnover = (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD
SELL 5 lot USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed
at 109.352. Trading turnover = (500,000 * 1) + (500,000 * 1) = 1,000,000 USD
BUY 3.5 lot GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed
at 1.2985. Trading turnover = (350,000 * 1.2978) + (350,000 * 1.2985) = 908,705 USD
6. Welcome bonus can't be used in a "drawdown" situation and will be
automatically cancelled if equity becomes equal or less credit. Once the credit is
canceled, all positions are closed forcibly (stop out).
Example:
balance: 500 USD equity: 1006.17 margin: 27.91 free margin: 978.26 margin level: 3605.31%
the trader made a deposit $500 and received welcome bonus $500. In case the equity goes down to $500 (value in the credit field), welcome bonus will be automatically cancelled, and all positions will be closed forcibly (stop out).
7. In case of active welcome bonus on the account, the sum of funds available for
withdrawal will be limited and calculated upon the formula: available for withdrawal = free margin - welcome bonus - refill amount for which welcome bonus has been given.
8. To remove the withdrawal restrictions, the client is entitled to decline the
welcome bonus in the personal area at any time. In that case, only the bonus
amount will be written off.
9. You can find the details on the welcome bonus in the personal area, including
the required and current turnover.
Platform trading
Perkembangan teknologi di bidang trading online dipimpin oleh layanan bidang ini untuk salah satu segmen yang paling berkembang secara dinamis dari pasar keuangan. Sulit dibayangkan jika seorang trader saat ini yang tidak menggunakan terminal mobile untuk melaksanakan transaksi atau yang belum mendengar tentang robot diprogram yang melakukan operasi trading dengan mengatur algoritma dalam mode around-the-clock. Perkembangan global jaringan informasi, platform trading, dan aplikasi mobile trading valuta asing ke pasar, ternyata mudah diakses sambil beraktivitas, yang menarik berpotensi mendapatkan pendapatan lebih lainnya dari banyak trader. Mempertimbangkan tujuan terbaru di bidang pengembangan produk perangkat lunak, forexchief menawarkan teknologi klien yang sangat di minati dan diuji oleh waktu, server VPS untuk ea, aplikasi mobile, serta platform perdagangan yang berfungsi penuh. Mempertimbangkan tujuan terbaru di bidang pengembangan produk perangkat lunak, forexchief menawarkan teknologi klien yang sangat di minati dan diuji oleh waktu, server VPS untuk ea, aplikasi mobile, serta platform perdagangan yang sanagt berfungsi.
Platforms untuk trading
. Ini merupakan platform perdagangan yang paling populer untuk perdagangan forex. Karena berbagai macam alat dan antarmuka mudah digunakan, sangat cocok baik untuk pemula dan trader profesional. Yang berisi berbagai indikator gratis, advisor dan skrip, serta memiliki MQL4 bahasa pemrograman sendiri, yang memungkinkan untuk membuat robot perdagangan dan indikator dengan pengaturan yang dapat disesuaikan. Terminal klien metatrader 4 memiliki layanan "sinyal trading" yang memungkinkan tidak hanya untuk menyalin transaksi dari trader sukses, tetapi juga untuk menjadi penyedia sinyal dan menjualnya kepada trader dengan jumlah yang tidak terbatas.
. Ini adalah versi mobile dari platform berbasis sistem operasi apple ios (versi 4.0 dan di atas). Dengan kemampuan fungsional, aplikasi ini tidak dengan cara apapun kalah dengan versi PC dari metatrader 4 dan berisi semua alat yang diperlukan untuk perdagangan dan analisis teknis data grafis. Riwayat quote diwakili dalam tujuh time-frame, yang memungkinkan trader untuk menggunakan model baik short-term dan long-term untuk memprediksi kecenderungan harga ke depan. Berikut jenis pending order dan stop order yang didukung: buy stop, sell stop, buy limit, sell limit, stop loss, take profit. Aplikasi ini tersedia dalam dua belas bahasa, inggris, cina, turki, ceko, dan rusia.
. Ini adalah versi khusus untuk terminal mobile untuk sistem operasi android. Dan juga aplikasi untuk apple ios, versi ini mendukung semua jenis order, yang tersedia dalam versi PC platform, dan juga berisi daftar lengkap alat untuk analisa teknik dari chart dan melakukan transaksi perdagangan. Selain itu, terminal memungkinkan untuk menelusuri riwayat transaksi yang dilakukan, membaca berita ekonomi, dan menerima informasi peristiwa di pasar mata uang dalam mode real time.
. Software profesional dan analitis yang kompleks menyediakan akses ke semua jenis pasar dari satu titik. Kami menawarkan layanan informasi keuangan dan berita, alat analitis dan teknis, 21 timeframes perdagangan dan opsi fine-tuning. Ada 4 mode eksekusi dan 2 tipe baru pending order dengan kontrol interaktif langsung «one click trading», serta mode penghapusan otomatis dan penguji strategi menggunakan MQL5 cloud network. Layanan copying signals melalui sistem «social trading», layanan freelance, online store pengembangan teknis, virtual hosting built-in, pengembangan MQL5 IDE dan sarana komunikasi aktif tersedia langsung di terminal pasar. Yang anda butuhkan untuk mendapatkan profit yang stabil!
. Aplikasi mobile modern menawarkan kepada para profesional yang aktif, seperangkat alat teknis lengkap untuk operasi perdagangan dan analisa pasar. Dalam real time, ada riwayat transaksi dalam 7 timeframes, berita dan analisa ekonomi, sinyal trading dan push messages, semua layanan tambahan MT5, serta kesempatan unik untuk bekerja dengan quotes dan charts dalam mode off-line. Aplikasi ini terus diperbarui dan didukung dalam 12 bahasa. Trader mendapatkan solusi teknis yang sempurna untuk trading yang efektif dan tidak pernah kehilangan kontak dengan pasar.
. Suatu analog seluler dari trading terminal, yang disesuaikan untuk teknologi nirkabel. Satu set lengkap fungsi analitis, semua jenis dan mode eksekusi order, interface multitasking standar dan alat otomatisasi profesional tersedia. Mendukung mode biasa untuk charts interaktif quotations, serta riwayat harga, log operasi penuh, semua layanan dan layanan khusus yang tersedia dalam versi desktop MT5. Aplikasi teknis modern dengan cepat memproses sejumlah besar data, tetapi pada saat yang sama dapat mengatur traffic secara optimal dan tersedia untuk instalasi pada semua jenis perangkat mobile.
Forex brokers lab
BROKERS with LOW SPREADS
ASIC REGULATED BROKERS
BROKERS with MINIMUM DEPOSIT
BEST FOREX BONUSES
Regulators : VFSC
Cryptocurrencies: YES
Minimum deposit: $100
Maximum leverage: 1:400
Spreads: low
My score: 2.6
Today, I’m going to introduce you to forexchief. The broker established in 2014 and based 1276 kumul hwy, 1st flr govant bldg port vila, vanuatu. Forexchief has offices in switzerland, singapore, south africa and nigeria.
Furthermore, forexchief is an offshore broker and I will give more info about it in the regulation section.
In this forexchief review, you will learn is forexchief scam or not. Moreover, what are the account types of the broker? How good is forexchief trading conditions such as spreads, leverage, minimum deposit and bonuses?
Don’t open a trading account before reading the most detailed forex chief review on the internet!
Forexchief regulation and investor protection
As I said on the first part of the review, forexchief is an offshore broker and licensed by the vanuatu financial services commission as a dealer in securities (principal’s license).
The company behind the broker is forexchief ltd. (company number 14777).
Whereas, the vanuatu license may be partly acceptable but it is not giving much confidence. For reason of that, I can say the minimum capital requirements.
I think forexchief have chosen to register in vanuatu because of the minimum capital requirement is only $2,000.
It doesn’t cover any compensation when clients have a complaint against the broker. Also, it is hard to seek legal recourse when the broker based offshore.
After talking about the regulation let’s continue with another section.
Account types and spreads
Forexchief offers its clients four account types. These are MT4.Directfx, MT4.Classic+, cent-MT4.Directfx, and cent-MT4.Classic+. You can choose also the MT5 version there are not any differences between them.
As you see in the table below, each account can be opened with a minimum deposit of $100 (or equivalent) in the following currencies – USD/CHF/GBP/EUR/JPY.
| Account type | minimum deposit | maximum leverage | minimum trade size | average spreads (& commission) |
|---|---|---|---|---|
| MT4.Directfx | $100 | 1:400 | 0.01 | 0.4 pips +$15 per 1 mln. USD |
| cent-MT4.Directfx | $100 | 1:400 | 0.01 | 0.4 pips + $15 per 1 mln. USD |
| MT4.Classic+ | $100 | 1:400 | 0.01 | 0.7 pips |
| cent- MT4.Classic+ | $100 | 1:400 | 0.01 | 0.7 pips |
There are differences in spreads among account types. The cent-MT4.Classic+ and MT4.Classic+ accounts have no commission. Spread for the MT4.Directfx and cent-MT4.Directfx accounts start from 0 pips; and for others, from 0.3 pips.
Commission for the MT4.Directfx and cent-MT4.Directfx is $15 per 1 mln. USD.
The maximum leverage is up to 1:400 and minimum order size is 0.01 lot for all accounts. Besides, expert advisors and scalping are allowed with the broker.
Trading platforms
Forexchief provides the metatrader 4 platform which is the most popular platform among the brokers and traders.
Also, the metatrader 5 is available which the new version of the MT4 is. You can use both platforms on desktop, ios and android devices.
So, the reasons why MT4 is so popular are intuitively understandable interface, embedded programming language MQL 4, a wide variety of indicators and tools for technical analysis, direct market access through MT4 bridge technology.
However, MT5 has the MQL5 programming language, code base technical indicators database, strategy tester, application store, a wide range of tools for DMA/STP.
Trading instruments
Forexchief offers 50+ forex pairs, metals, commodity cfds, stock, index and cryptocurrencies. Precious metals are silver, gold, palladium and platinum. Commodities are brent crude oil, US natural gas and WTI crude oil.
The cryptocurrencies offered by forexchief are bitcoin, bitcoin cash, ethereum, litecoin and ripple.
Customer service
Honestly, I didn’t like the website, www.Forexchief.Com, of the broker design. It looks like very amateur. I think the designer wanted to compare it to the financial times website.
Despite the website does not give a positive impression, they have a variety of live chat options. While many brokers don’t offer live chat, these options are a massive advantage for forexchief.
The website supports english, russian, indonesian, chinese, spanish and more.
Forexchief bonus
The broker offers two bonuses: welcome bonus and turnover bonuses.
Forexchief’ welcome no deposit bonus $100 allows you to check the company’s services and test the trading strategy chosen. You can get no deposit bonus forex on your account automatically, no personal documents for verification required.
Of course, there are terms and conditions and forexchief have created a complete video-tutorial for you, which explains in details the whole procedure of obtaining the forexchief bonus.
Turnover bonus allows active traders to earn additional income in the form of weekly rewards for trading turnover. The program operates in automatic mode and does not require any actions in the personal area for activating this service.
By the end of each week, weekly trading turnover is calculated, and the appropriate bonus is credited to the trading account. The bonus program’s distinctive advantages are its lack of secret terms and conditions, progressive rates, weekly payments, lack of MTP, and unlimited withdrawal.
You can see the examples, bonus terms and conditions here.
Deposit and withdrawal methods of forexchief
There are a variety of deposit and withdrawal options offered by forexchief. Deposit options are bank wire transfer, local transfers (china, indonesia, and nigeria), credit / debit cards, electronic payments such as bitcoin, skrill, neteller, webmoney, perfectmoney, fasapay and qivi wallet.
It is good to have these kinds of deposit and withdrawal methods for this broker. Because many other offshore brokers don’t provide as much as forexchief.
Transfer time of the withdrawal methods should be better. It takes 3-5 business day when you use bank wire transfer. It takes 3 business day with credit / debit cards and 1 business day e-wallets systems.
Also, there are commission and fees some methods. You can check them on the picture above.
If you want to deposit and withdraw your account without any problem I recommend to trade with a broker who is in my top forex brokers list.
Conclusion
Unfortunately, my impressions about forexchief are not positive at all. While account types, trading conditions, withdrawals and deposit options are positive, on the other hand, my main concern with the broker is loose regulation.
I would advise you to trade a forex broker who licensed in UK, or cyprus for instance, where regulation is strict and there are compensation schemes, which will protect your money if your broker becomes bankrupt.
At the end of my word, you can check out the pros and cons of the broker on the bottom of the page.
So, let's see, what we have: forexchief - reliable online forex broker. Spreads from 0 pips. MT4 and MT5. Leverage up to 1:1000. Cent accounts. Welcome bonus $500. Affiliate CPA up to $300. At forexchief login personal area
Contents of the article
- Top forex bonuses
- Advanced platforms
- Trading credits
- Turnover bonuses
- Copy trading
- Partnership
- Liquidity provider
- Regulated & licensed
- Metatrader 4 and 5
- Wide range of contracts
- Aggregated liquidity
- Bonus programs
- Partnership
- Bonuses and promotions
- Account types
- Deposit and withdrawal
- Company news
- Analytics
- Quotes
- Welcome bonus up to $500
- Welcome bonus advantages
- How to get the welcome bonus
- Terms and conditions
- Platform canggih
- Trading credit
- Program bonus
- Menyalin perdagangan
- Program kemitraan
- Penyedia likuiditas
- Regulasi dan lisensi
- Metatrader 4 dan 5
- Berbagai jenis kontrak
- Likuiditas teragregasi
- Program bonus
- Kemitraan
- Bonus dan promosi
- Jenis akun
- Deposit dan penarikan
- Berita perusahaan
- Analisa
- Kutipan mata uang
- Welcome bonus hingga $500
- Keuntungan welcome bonus
- Bagaimana cara untuk mendapatkan welcome bonus
- Syarat dan ketentuan
- Welcome bonus hingga $500
- Keuntungan welcome bonus
- Bagaimana cara untuk mendapatkan welcome bonus
- Syarat dan ketentuan
- Forex brokers lab
- Forexchief regulation and investor protection
- Account types and spreads
- Deposit and withdrawal methods of forexchief
- Conclusion
- Forexchief welcome bonus up to 500 USD
- Platform trading
- Platforms untuk trading
- Forex brokers lab
- Forexchief regulation and investor protection
- Account types and spreads
- Deposit and withdrawal methods of forexchief
- Conclusion
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