ForexChief vs Alpari

ForexChief vs Alpari Comparison Table 2023
ForexChief Alpari
3.3

ForexChief is #5 in our CFD broker rankings.

3.8
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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

Download The ForexChief App For A $100 No Deposit Bonus

Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
Cons
  • Weak regulatory oversight
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
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CZK
  • NGN
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
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
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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