ForexChief vs Alpari
ForexChief | Alpari |
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3.3
ForexChief is #5 in our CFD broker rankings. |
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3.8
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ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms. |
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional. |
Bonus Offer | |
$100 No Deposit Bonus | 30% up to $100 (terms apply) |
Promotions | |
Pros | |
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Cons | |
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Instruments | |
CFDs, Forex, Metals, Commodities, Stocks, Indices | CFD, Forex, Crypto, Binary Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $5 |
Payment Methods | |
Minimum Trade | |
0.01 lots | 0.01 Lots |
Regulator | |
VFSC | FSC of Mauritius, SEBI, JFSA |
Margin Trading | |
Yes | No |
Margin Rate | |
0.1% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | No |
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 | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | 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 | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS, Android and Windows |
Auto Trading | |
EAs | Via Copy Trading choices |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions. | |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. | |
Leverage | |
1:1000 | 1:400 |
FTSE Spread | |
70 | 13 |
GBPUSD Spread | |
0.9 | 0.7 var |
Oil Spread | |
12 | 4 pts |
Stocks Spread | |
50 | Variable |
Forex Trading | |
ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5. | Alpari International offer forex over a huge range of pairs including Major, minor and exotic pairs. All with competitive spreads and laddered leverage. |
GBPUSD Spread | |
0.9 | 0.7 (var) |
EURUSD Spread | |
0.4 | 0.4 (var) |
EURGBP Spread | |
0.9 | 0.6 (var) |
Assets | |
40 | 50+ |
Cryptocurrency | |
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. | |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Binary options trading not offered | Alpari offers fix contracts on major markets with various contract types and payouts available. |
Payout | |
80% | |
Expiry Times | |
30 seconds - 4 hours | |
Ladder Options | |
No | No |
Boundary Options | |
No | No |
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