Forexchief registration

Copy trades of successful traders in the automatic mode or sell your trading signals to subscribers all over the world.

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.

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Progressive remunirations scale, bonuses are credited automatically and can be withdrawn immediately without any restrictions.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The profit can be withdrawn without restrictions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Can be withdrawn anytime without restrictions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.

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

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.

Forexchief broker review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

In an industry filled with scammers, the process of elimination becomes quite cumbersome unless you know what to look for. Fortunately, once you identify the characteristics of a bad broker, it becomes easier to take them off your list and remain with only those that can be trusted. This forexchief review will show you the characteristics of a scam broker that anyone can use to tell the bad eggs from the good. We found this particular scam broker to be very sophisticated, which is why they have survived for about four years. Nevertheless, that made the unraveling all the more exciting, like a puzzle coming apart. Due to their crafty nature, it will make for a very good example.

Why is forexchief a scam?

The best signs to look for in a legitimate are usually the most obvious ones. When you first open the forexchief website, the first thing you see is the website design, and it honestly doesn’t look very well done. Mostly it looks similar to the financial times website, so the design was probably copied by the designer. So far, the forexchief website review is not favorable for the company.

However, not to judge a book by its cover, why not dig deeper into the actual company. Our forexchief review found that the company is registered and based in vanuatu and has a license from the country’s financial services commission. While this may be partly redeeming, it shouldn’t inspire much confidence. One of the reasons forexchief may have chosen to set up shop in vanuatu is their minimum capital requirements of $2,000. That would not cover any compensation to their clients if there was a complaint launched. Besides, being based offshore makes it inadvisable because it is very difficult to seek legal recourse.

Are you still asking yourself, is forexchief scam real? By now you should already have seen how this company cannot be trusted based on their company profile. For further proof, just check out what their other clients have to say about them and ask yourself if you would wish to be in the boat.

Why has the forexchief scam been active for so long?

The most successful scammers are those that know how to reel in new prospects. Because they know their past clients will not come back, their only option is to recruit new victims. In the case of the forexchief scam, this has been achieved through their seemingly lucrative bonus program. The company provides a $100 welcome bonus as soon as a new client creates a live account, even before they have provided identification documents. That alone should be suspicious, but many people are instantly blinded by the promise of free money. They get you by making this deposit very difficult to withdraw, forcing you to make a deposit of real money.

According to their terms and conditions, which most people overlook, you need to achieve a turnover of $10 million. Below that is what seems like an easy way to achieve this, showing you that you could achieve a turnover of $225,000 by trading one lot. However, to get this turnover, you would need to make a 260-pip trade that is quite difficult on its own, and repeat the same success rate over 40 times! Furthermore, they can turn you down for the bonus for any reason including the make of your mobile phone. After some research, this was actually what a lot of their clients complained about in their forexchief reviews. Also please keep in mind that brokers need to have your best interest in mind. Which means that they should be providing you with numerous webinars and info-sessions so that you can learn as you trade, the way XM is doing it. However, forexchief has disregarded this feature completely, leaving you to trade blindly and with no support in knowledge.

Therefore, the reason forexchief have been so successful is through a bait-and-hook strategy. All the while being covered by their carefully crafted terms and conditions. Do not fall for such scams, but instead be very careful and make sure to read between the lines.

Forexchief account types

As you can see in the chart of their account variations, MT4 is basically in your face, the broker is trying to make you use it by any means it possibly can. This is most of the times very shady, because of the fact that customers will not have any type of variation for trading platforms. What’s even more disturbing is the fact that they also offer trading on MT5, a better version of metatrader yet they still urge you to use MT4. We do not recommend to adhering to a broker’s advice when it comes to trading platforms, because the most comfortable trading platforms need to be chosen by you, and you alone, not somebody else, therefore we suggest you check plus500 out when looking for variations in trading software. Furthermore, we do not trust forexchief MT4 for any potential tinkering with the software to make it more profitable for the broker.

Bonus

It is not seen in the picture, but a bonus is also a feature you can be expecting on their website. Most of the scammers when they first found about the bonus, they didn’t really pay much attention to it, regarding the fact that it may cost them money to rip off their customers. But rules from more trustworthy brokers have changed their minds.

Get an account with plus500 and trade all possible types of cfds: currencies, crypto, indices, commodities, etfs, and more

80.5% of retail CFD accounts lose money

You see, real brokers also had the same feature for the bonus, but got rules that customers can’t withdraw that bonus unless they traded specific amount. So the scammers jumped on the opportunity and started offering bonuses left to right and center. So we urge you to believe that this forexchief bonus is definitely a part of that scam.

The minimum deposit

The minimum deposit forexchief is asking from its customers is $100. Looks very attractive, doesn’t it? Other brokers looked so scary when they asked for $10,000 or more for your first deposit, forcing you to make a commitment and actually pay attention to the funds you will be trading with.

This is an old trick in the books of scamming that this forexchief minimum deposit is a part of. Scammers offer their customers low firs or minimum deposits as to lure in new ones because they know for sure that the old ones will not be coming back.

Summary of the review

We think it doesn’t need to be mentioned that we are not very positive about forexchief. As pretty much everyone else, we dislike scammers and the things they do to tar the reputation of the forex market. This forexchief review is here to help you avoid these types of scammers so that we can finally make an end to all of them, clean the market and have it more accessible and relevant to the community.

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

Forexchief

Return spread

trading account	rebate	rebate (USD)
MT4.Classic+	per lot	1.84 USD
cent-MT4.Directfx	per lot	1.84 USD
MT4.Directfx	per lot	1.84 USD
cent-MT4.Classic+	per lot	1.84 USD

Sign up

To use the full functionality of the service and learn more, register now.

General information

1276 kumul hwy, 1st flr govant bldg, port vila, vanuatu

Vanuatu financial services commission

Trading accounts

Deposit and withdrawal of funds

VISA/mastercard

QIWI wallet

Skrill

Neteller

Perfectmoney

Bitcoin

China unionpay

Bank transfer

Alfa-click

Yandex money

Sberbank online

Nigeria local transfer

Indonesia local transfer

China local transfer

Privat24

Yandex money

VISA/mastercard

QIWI wallet

Bank transfer

Skrill

Neteller

Perfectmoney

Bitcoin

Allrebates limited is an internet company with a website allrebates.Net. Our service provides discounts for clients of financial companies. Our partners are more than 20 largest brokers in the world. The services of our project are aimed at improving trading conditions in brokerage companies and paying rebates to clients.

Allrebates limited does not provide brokerage services, does not store or accept money from clients of brokerage companies.

The content on the website allrebates.Net have copyrighted, reproduction is possible only with the permission of the administration of the project. The use of third-party logos is agreed with their respective owners.

Risk disclosure: when starting to work in the financial markets, make sure that you are aware of the risks associated with trading using leverage, and that you have a sufficient level of training.

Past income is not a guarantee of future income.

Metatrader 4

Metatrader 4 is one of the most popular trading platforms in the world. It earned its reputation due to convenience and functionality that allow the trader not only to make transactions but also analyze market dynamics, and program trading robots my means of MQL4 language, as well.

The functionality of metatrader4 terminal allows the trader to implement any trading strategy using various types of orders for that reason: market orders, stop orders, and limit orders. Using the terminal, one can send orders not only by means of the order window but also operating directly from the chart, which significantly simplifies making a transaction. Also, the platform developer added oneclicktrading function using which the trader can send orders with one click of the mouse.

We should pay special attention to analytical abilities of metatrader 4. In order to carry out technical analysis, the client's terminal has more than 40 indicators using which clients can make predictions regarding the market and determine its tendencies more accurately. However, the developers didn't stop at that and created MQL4 language that allows traders to program their own indicators based on their own perception of the market.

However, the most important feature of the platform that allowed it to win the world has alwyas been its simplicity along with versatile functionality. Elaborated and intuitevely understandable interface, detailed information, simplicity in installation and setup, broad analytical abilities, news feed, incorporated service of trading signals, and many other features have brought metatrader 4 to the leading positions in the market of trading terminals.

Forexchief broker review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

Why is forexchief a scam?

Why has the forexchief scam been active for so long?

Forexchief account types

Bonus

Get an account with plus500 and trade all possible types of cfds: currencies, crypto, indices, commodities, etfs, and more

80.5% of retail CFD accounts lose money

The minimum deposit

Summary of the review

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

Forexchief review 2021

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.

Start year:2014

Country of origin:vanuatu

Regulation:VFSC #14777

Payment options:bank wire, VISA, mastercard, advcash, alipay, bitcoin, fasapay, local bank transfers, neteller, perfectmoney, qiwi, skrill, unionpay, webmoney

Minimum account size:$50

Minimum lot size:0.01

Leverage:from 1:1000

Spreads:from 0 pips on EUR/USD

Regulation and license

Company name: forexchief ltd. Registration number:14777, license:dealer in securities (principal’s license) issued by VFSC, legal address:1276 kumul hwy, 1st flr govant bldg, port vila, vanuatu

Trading platform

As the basic platform, forexchief offers metatrader 4/5 – the most popular trading platform for forex trading. Separately, institutional clients who offer broker services should pay attention to the STP-gate integrated into metatrader 4/5 that can connect liquidity through a regular trading account on metatrader 4/5 platform with minimum labor input.

The company pays special attention to the technical stability of the trading servers and software that is provided to the client for trading operations. The technologies developed for liquidity aggregation as well as the system of their administration is based on cluster solutions, where a high level of reliability under abnormal loads can be maintained (especially where there is a large number of client orders coming to the trading server when economic news has been published).

Trading accounts

The line of forexchief account types has “cent” accounts (cent-MT4.Directfx, cent-MT4.Classic+, cent-MT5.Directfx and cent-MT5.Classic+), whose balance exceeds that of standard accounts hundredfold. This way, for instance, if a trader refills a cent account with USD 100, and that transfer is successfully completed, the amount of 10,000 (i.E. 100 times more) will be credited to the account, since USD cents is the account currency in this case. “cent” accounts are an indispensable tool, both for beginners, whose experience does not allow them to invest significant capital, and for professionals, whose goals are fine tuning and testing trading robots in real market conditions. Also, this type of account provides an opportunity to have comprehensive testing in dealing with the company, and not risking a large deposit.

It is important to note that only client orders with the size from 1,000 units of the base currency, which corresponds to 0.01 of a lot on MT4.Directfx, MT4.Classic+, MT5.Directfx and MT5.Classic+ accounts, will be transmitted to counterparties. This way, for all orders whose size is below 1,000 units of the base currency, the company acts as a dealer (the “second party” of the transaction).

Segregation of client’s funds

Forexchief uses the generally accepted mechanism of dividing a client’s and its own funds on bank accounts. The use of this model is not only the obligatory requirement set by financial regulators but is also an integral instrument for protection of investors from broker’s insolvency.

Under no circumstances can the company use clients’ funds kept at special bank accounts for its operating activities. Moreover, in order to support unconditional solvency, forexchief does not transfer clients’ funds to liquidity providers’ accounts, and uses its own funds to carry out counterparties’ margin requirements, when placing clients’ orders to the market.

Forexchief registration

Forexchief brokers. Everything you need to know

Forexchief is one of the brokers you can choose online when you want to become a trader. With trading, it is essential to make sure that you are choosing the right broker. Otherwise, you are going to end up just losing money and not have the chance of becoming a successful trader.

In order to be able to know if a broker is recommended, is to get all the information about the broker. This is why all these mentioned information about forexchief is so essential. This is to show you that this might not be the best broker to use.

Broker information

Forexchief is offshore brokers and situated in vanuatu. It is unclear what type of brokers they are because of a lack of information about cryptocurrencies that they are trading with. Not sure if they are forex and CFD brokers.

They have a valid physical address, a couple of telephone numbers and a valid email address. However, this doesn’t mean that they are legit and that you can use them without any problems. Many traders think that this is the only thing that you should look for. This isn’t the truth.

Are they registered and regulated?

This is one of the most important things to look for. Are they registered and regulated as brokers? Especially if they are registered and regulated as international brokers?

No, they aren’t registered at all. And, they aren’t regulated as well. This means that they don’t have any rules and regulations that they need to follow and there isn’t anyone making sure that they are legit. Making it really dangerous to use them as brokers. Because they are offshore brokers, this is putting them at higher risk to be used.

Account and minimum required deposit info

Forexchief is basically offering traders two different account options. You can choose the one that will suit your trading needs best. There are some benefits and problems with each of these accounts, so you should be careful about the account that you are choosing.

Even, if they don’t have a minimum required deposit, it is still recommended that you don’t deposit a huge amount of money into their accounts. This is because of the high risk of an offshore broker and an unregulated broker.

The platform that they are using

The good news is that they are using the MT4 platform. For those that don’t know MT4 is one of the best trading platforms on the market to use for trading. This is the platform that most traders prefer and that most have experience with.

However, the downside is that this is the only platform that can be used. There are some traders that are looking for other platforms, and this isn’t an option with forexchief.

Welcome bonus no trading information

This is the one thing why many traders are registering with forexchief. They offer a welcome bonus to those traders that are registering with them for the first time. This is a $20 no deposit bonus that you will get when you register with them. However, there is a catch. You can’t withdraw these funds until you have trade and made $1,000,000. This is ridiculously high.

And, besides this high term for withdrawing the no deposit bonus, there aren’t any other trading information available. Making it impossible to know for sure that you will be able to reach the required amount before you can withdraw the no deposit bonus.

Terms and conditions not standard

Something that is bothering us is the terms and conditions of forexchief. This isn’t standard terms and conditions for trading. Putting every trader that is using forexchief for trading at risk of losing more money than making money.

It is essential to use brokers that have the standard terms and conditions of trading. And, because they aren’t regulated, they don’t need to use the standard terms and conditions.

Regulators are warning against forexchief

The most important thing to consider before you are registering with forexchief and starting to trade with them. Regulators are warning traders about using forexchief as a broker. There are many reasons why these brokers aren’t recommended by regulators. The most essential reason is that they aren’t registered as international brokers and they aren’t regulated.

You can’t make use of a broker that isn’t regulated and registered. And, this is why you should make sure that you take what regulators are saying and recommending about a broker seriously.

Forexchief is brokers that aren’t registered and that aren’t regulated. There are many irregularities about these brokers that are making it risky to use. So, it is important to reconsider, if you think about using them as brokers. You should rather use brokers that are recommended, registered and regulated. That aren’t offshore brokers and that comes highly recommended. Now you know that forexchief isn’t the best brokers to use.

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Forexchief registration

Forexchief

Founded in 2014, forexchief is an offshore broker licensed by the vanuatu financial services commission as a securities dealer. It has offices in singapore and moscow and offers trading on the forex and precious metals markets on the metatrader 4 platform.

Operating peculiarities

The republic of vanuatu offers a range of tax benefits:

No income tax,

Capital export tax,

Income tax from exchange activities,

Turnover tax,

Inheritance tax.

The registration process for forex and binary brokers is simplified and much cheaper. The company guarantees the utmost security of client’s funds by means of a special mechanism of separating client’s account funds and internal funds in bank accounts.

Forexchief offers its customers 2 types of accounts free of charge operation: MT4.Classic + and cent-MT4.Classic +. Also there are 2 types of accounts that have a commission, but provide lower spreads (from 0 points) – MT4.Directfx and cent-MT4. Directfx.

All types of accounts provide a credit leveraging of up to 1: 400, the micro lots trading and a minimum deposit of 1USD. The owner of any account may copy trade patterns of successful traders and/or sell their own trading signals.

Like most brokers, forexchief is based on the most popular metatrader4 (MT4) platform for trading, available in both desktop and mobile modes.

The terminal has earned a good reputation for its user-friendly interface and various useful functions that allow traders not only to perform successful transactions, but also to analyze market dynamics, automate their transactions with assistance from a wide range of experts and test their strategies.

The broker charges a welcome bonus of 20USD for no deposit accounts. The bonus can be withdrawn without restriction after performing the first trade turnover.

Forexchief ltd provides its traders with the opportunity to earn additional income by participating in the white label and ib pro affiliate programs.

Forexchief offers its customers several ways of depositing and withdrawing funds: bank transfer, credit / debit card, skrill, webmoney, yandex.Money and qiwi e-wallets.

Feedback

Feedback on the work of the broker is mostly positive. Traders emphasize small spreads, easy commissions, quick triggering of transactions, no problems with withdrawal of funds. However, there are also negative aspects of working on this platform. There are quite a few complaints about intrusive calls from company managers, recently the server often freezes and there are frequent failures when charging bonuses to the customers.

Forexchief

Return spread

trading account	rebate	rebate (USD)
MT4.Classic+	per lot	1.84 USD
cent-MT4.Directfx	per lot	1.84 USD
MT4.Directfx	per lot	1.84 USD
cent-MT4.Classic+	per lot	1.84 USD

Sign up

To use the full functionality of the service and learn more, register now.

General information

1276 kumul hwy, 1st flr govant bldg, port vila, vanuatu

Vanuatu financial services commission

Trading accounts

Deposit and withdrawal of funds

VISA/mastercard

QIWI wallet

Skrill

Neteller

Perfectmoney

Bitcoin

China unionpay

Bank transfer

Alfa-click

Yandex money

Sberbank online

Nigeria local transfer

Indonesia local transfer

China local transfer

Privat24

Yandex money

VISA/mastercard

QIWI wallet

Bank transfer

Skrill

Neteller

Perfectmoney

Bitcoin

Allrebates limited does not provide brokerage services, does not store or accept money from clients of brokerage companies.

Risk disclosure: when starting to work in the financial markets, make sure that you are aware of the risks associated with trading using leverage, and that you have a sufficient level of training.

Past income is not a guarantee of future income.

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 registration