Baxia Markets vs ForexChief

Baxia Markets vs ForexChief Comparison Table 2023
Baxia Markets ForexChief
WINNER
ForexChief is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
3.3
United States Flag Traders from US accepted
Baxia Markets is an offshore CFD broker providing access to forex, commodities, cryptos and indices. The online brokerage offers straight-through processing with tight spreads and ultra-low latency. ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MetaTrader 4 integration
  • Full range of investments
Cons
  • Weak regulatory oversight
Bonus
$30 Welcome Bonus $100 no deposit
Instruments
CFDs on Forex, Commodities, Cryptos & Indices Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
SCB, FSA VFSC
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
No No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
MT4 & MT5 iOS & Android iOS & Android
Auto Trading
Yes (EAs) Yes
Copy Trading
Yes Yes
Copy Trading Platform
Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Use highly leveraged CFDs to speculate on popular financial markets. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:500 1:1,000
FTSE Spread
From 1.0 80
GBPUSD Spread<
From 0.0 0.9
Oil Spread
From 1.0 12
Stocks Spread
N/A 50
Forex Trading
Trade 56 major and minor currency pairs with spreads from 0.01 pips. ForexChief supports spot foreign exchange trading on all account types for 40 major, minor and exotic currency pairs on both MT4 and MT5.
GBPUSD Spread
From 0.0 0.9
EURUSD Spread
From 0.0 0.4
EURGBP Spread
From 0.0 0.9
Assets
56 40
Cryptocurrency
Trade popular crypto-fiat crosses with low spreads. ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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