✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the Forex Chief broker, is a Forex and CFD broker. Is Forex Chief really recommended to make an investment? Or is it better not to invest with this company?
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: ForexChief Ltd
As to its location, the broker mentions being based in: Vanuatu.
If we analyze the regulation of the broker: because Forex Chief is licensed in Vanuatu, although in our opinion this is not even a regulation, it is an unregulated broker.
If now we go on to analyze account types offered by Forex Chief, we note that it offers 4 types of account: the MT4.DirectFX Account, the MT4.Classic + Account, the cent-MT4.DirectFX Account and the cent-MT4.Classic + Account.
MT4.DirectFX account: Minimum initial deposit of $ 100, leverage up to 1: 400, market execution, floating spread from 0 pips, more than 60 trading instruments available, scalping allowed, outstanding bonds.
MT4.Classic + account- Minimum initial deposit of $ 100, leverage up to 1: 400, market execution, floating spread from 0,3 pips, more than 60 trading instruments available, scalping allowed, circulation bonuses, no commission.
cent-MT4.DirectFX: Minimum initial deposit of $ 100, leverage up to 1: 400, market execution, floating spread from 0 pips, more than 60 trading instruments available, scalping allowed, circulation bonuses, no commission.
cent-MT4.Classic +: Minimum initial deposit of $ 100, leverage up to 1: 400, market execution, floating spread from 0,3 pips, more than 60 trading instruments available, scalping allowed, circulation bonuses, no commission.
You can see even more features about the account types of the Forex Chief broker (click here. to see the image in full size) in the following image:
All the platforms to operate that Forex Chief offers are: MT4 and MT5.
We will now analyze the different resources and aids for the trader that Forex Chief provides on its website.
Forex Chief provides the following aids or resources to traders or interested parties: news summaries and analysis (although in English), news about economic events of interest (also in English), some instrument charts, forex calculator, information and basic explanation about the products offered, forex market schedules, also some other articles although they are in English, so we will not take them into account.
Other information about Forex Chief
Some more information in case you want to contact the company, or see its website for yourself.
Website: www.forexchief.com/en/
Telephone: +41 44 505 1495, +65 3159 2107, +234 802 625 4508
Email: [email protected]
>>> Valuation on Forex Chief <<
Ending with this section, in our opinion Do we believe that the Forex Chief company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: although we have not been able to find complaints or negative evaluations about Forex Chief, it is a broker based in a "not serious" country (Vanuatu) and that does not have a regulation Therefore, we do not recommend it, we always recommend operating with regulated companies, and regulated in countries where the regulation is strict and serious.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”188 ″]
Mychargeback had already known him for a while but it generated some mistrust, now as I had no other option I decided to try and to my surprise they managed to return the money that they had taken from me, I can assure you that it is not a scam and your money will return to your hands
Hello Emi, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.
It seems to me that forexchief is the best of the current traders, it has a library of free indicators, scripts and they give you personalized attention in case of any doubt or need that you have in a cordial and effective way.
——- THIS COMMENT IS Doubtful, TO HANDLE, DO NOT TRUST ———
Hello Gracey, thank you for sharing your experience with Forex Chief but what you say is not very reliable. This broker is a SCAM, many clients have complained of many irregularities and fraudulent actions to lose all the clients' money. We recommend caution since we are talking about an unregulated broker based in countries like Vanuatu, we consider it extremely DANGEROUS. We have had complaints from several clients who tell us that they do not return the money and that it is a SCAM.
They make FALSE comments to show that they are a good, serious and professional Broker, but this Broker is on the opposite side of these characteristics.
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards
I like that Forexchief is a very active broker and always renewing, its page helps me with tips and advice which are very useful. Its platform is very good and intuitive.
Hi Christian, thank you for sharing your experience with Forex Chief. This broker is a SCAM, many clients have complained of many irregularities and fraudulent actions to lose all the clients' money. We recommend caution since we are talking about an unregulated broker based in countries like Vanuatu, we consider it extremely DANGEROUS. We have had complaints from several clients who tell us that they do not return the money and that it is a SCAM.
They make FALSE comments to show that they are a good, serious and professional Broker, but this Broker is on the opposite side of these characteristics.
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards
I like that forexchief allows me to have in its app and web platform a detailed history of all my orders, transactions, among others ... that is great not to have many complications to make my detailed inquiries
Hi Edward, thank you for sharing your experience with Forex Chief. This broker is a SCAM, many clients have complained of many irregularities and fraudulent actions to lose all the clients' money. We recommend caution since we are talking about an unregulated broker based in countries like Vanuatu, we consider it extremely DANGEROUS. We have had complaints from several clients who tell us that they do not return the money and that it is a SCAM.
They make FALSE comments to show that they are a good, serious and professional Broker, but this Broker is on the opposite side of these characteristics.
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards
I like the Forexchief platform because I can work with very slow connections, I can connect from anywhere, its reward system is very good and it has very low commissions.
Hi Manpreet, thank you for sharing your experience with Forex Chief. This broker is a SCAM, many clients have complained of many irregularities and fraudulent actions to lose all the clients' money. We recommend caution since we are talking about an unregulated broker based in countries like Vanuatu, we consider it extremely DANGEROUS. We have had complaints from several clients who tell us that they do not return the money and that it is a SCAM.
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards