ForexChief

ForexChief is a well-established forex broker that offers a wide range of trading options for personal investment. With the MT4 and MT5 forex trading platforms, traders have access to advanced tools and features to enhance their trading experience. ForexChief.com provides over 35 forex currency pairs, as well as gold, silver, oil, bitcoin, and other cryptocurrencies, allowing traders to diversify their investment portfolio.

Broker Details

• Minimum Trade Size: 0.01
• Maximum Leverage: 1000:1
• Minimum to Open Live: $10
• Established: 2014
• Address: 1276 Kumul Hwy, 1st Flr Govant Bldg, Port Vila, Vanuatu
• Contact: [email protected], 65 3159 3652
• Regional offices:
• Regulators: VFSC #14777
• Prohibited countries:
• Trading platforms: MT4, MT5
• Mobile Trading: ✓ Yes
• ECN: ✓ Yes
• Currencies: Trading Instruments (40 )
• Cryptocurrencies: (5 ) Bitcoin, Litecoin, Ethereum
• CFD: (115 ) Gold, Silver, Stock Indexes, Oil, Other Commodities
• Trading Conditions:
• EAs/Robots: ✓ Yes
• News Trading: ✓ Yes
• Scalping: ✓ Yes
• Managed Accounts & Social Trading
• PAMM: ✓ Yes
• Copy Trading: ✓ Yes
• Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney
• Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, AdvCash, Alipay, Bitcoin, FasaPay, Local Bank Transfers, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, WebMoney

Pros and Cons

Pros:

• Wide range of trading instruments, including cryptocurrencies
• Multiple trading platforms, including MT4 and MT5
• Flexible trading conditions, allowing for EAs, news trading, and scalping
• PAMM and copy trading options available
• Diverse deposit and withdrawal methods

Cons:

• No information on regional offices
• No list of prohibited countries

Scammer or Not

Based on the available information, there is no indication that ForexChief is a scam. The broker is regulated by VFSC and has been in operation since 2014, which adds credibility to its services. However, it is always recommended to conduct thorough research and exercise caution when dealing with any forex broker.

Safety Check

ForexChief provides a secure trading environment by utilizing advanced encryption technology to protect clients' personal and financial information. Additionally, the broker offers segregated accounts to ensure the safety of clients' funds. However, it is important for traders to follow best practices in terms of account security and risk management.

Conclusion

ForexChief is a leading forex broker that offers a wide range of trading options for personal investment. With its user-friendly platforms, extensive trading instruments, and flexible trading conditions, it caters to the diverse needs of traders. The availability of PAMM and copy trading options further enhances the trading experience. While it is important for traders to conduct their own due diligence, ForexChief appears to be a reliable and trustworthy broker. Share your experience with ForexChief on forexroboteasy.com and leave your feedback about working with the company. Your insights will help other traders make informed decisions.