ForexChief Journal

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ForexChief Profile
Year
2014
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Russia, US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
100 ms
LPs total
...
LPs quality
...
LPs names
...

ForexChief Accounts
STP
DMA
Minimum Deposit
10 $
10 $
Leverage
1000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.3 pips
0 pips
Commission
0 $/lotRT
15 $/lotRT
Volume
100 lots
100 lots
Margin Call
30 %
...
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Skrill, Neteller, Perfect Money, FasaPay, ADVCash
Base currency
USD, EUR, GBP, CHF, JPY
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is ForexChief safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Registration: VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is ForexChief trusted?

  • Information transparency: sufficient ★★★
  • Customer service: not so helpful ★★
  • ForexChief website: highly detailed, updated ★★★★★
  • ForexChief popularity (by visitor count): low visits ★★

How ForexChief works



Aggregated liquidity. Tight spreads from 0 pips. STP/ECN. No dealers and no Requotes


Counterparties of the Company shall mean liquidity providers, banks, brokers, and other organizations with which the Company cooperates and holds contractual relations.





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