Forex Chief Broker - Trading & Investment App: A Comprehensive Review
Discover the exceptional features and benefits that the Forex Chief Broker trading and investment app has to offer. With this user-friendly app, you can conveniently invest and manage your accounts from anywhere in the world.
Bonuses for Trading with ForexChief:
- No Deposit Bonus: $100
- Welcome Bonus: $500
- Affiliate CPA: Up to $300
- Leverage: Up to 1:1000
Range of Investment Tools in the Broker App:
- Bank Transfers
- Credit/Debit Cards
- Electronic Payment Systems
Forex Trading Platforms Available:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Safety of Client Funds:
Financial Guarantees against Technical Faults:
ForexChief distinguishes itself by offering clients guarantees regarding the safety of their funds in the event of technical faults with trading servers. Regardless of the cause, such as failures in communication channels or technical problems on the counterparty's side, ForexChief takes full responsibility and does not shift it to technology or liquidity providers. Every case is handled individually with utmost care, ensuring that clients are protected at all times.
Segregation of Client Funds:
At ForexChief, client funds are kept separate from the company's funds in dedicated bank accounts. This practice not only meets regulatory requirements but also serves as a crucial safeguard against broker insolvency. Under no circumstances can client funds, held in specialized bank accounts, be used for operational activities. Furthermore, to ensure absolute solvency, ForexChief uses its own funds to meet counterparty margin requirements when executing client orders in the market, rather than transferring client funds to liquidity provider accounts.
ForexChief Ltd. (Company Number №14777) is licensed by the Vanuatu Financial Services Commission as a Dealer in Securities (Principal's License) under Section 4, Subsection (1) (a) of The Dealers in Securities (Licensing) Act [CAP. 70]. The company provides a wide range of services, including currency contracts, metals, and stock trading. To facilitate these transactions, ForexChief offers the popular and trusted MetaTrader 4 / 5 platform. Additionally, their line of account types includes "cent" accounts, which not only help reduce investment risks but also allow clients to test trading conditions effectively.
Overview
Broker Forex Chief - Trading is a Freeware software in the category Business developed by FOREXCHIEF LTD.
The latest version of Broker Forex Chief - Trading is 1.1.0, released on 01/04/2024. It was initially added to our database on 12/15/2023.
Broker Forex Chief - Trading runs on the following operating systems: iOS.
Users of Broker Forex Chief - Trading gave it a rating of 5 out of 5 stars.
Pros
- Extensive range of trading instruments
- Competitive spreads
- No commission on deposits and withdrawals
- Multiple account types available
- User-friendly trading platform
- Regulated broker
- Leverage up to 1:1000
Cons
- Limited educational resources
- No guaranteed stop loss feature
- Support is not available 24/7
- Some countries restricted from using the platform
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