ForexChief vs EagleFX
ForexChief Review 2023 | EagleFX Review 2023 |
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3.3
ForexChief is #5 in our CFD broker rankings. |
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4.1
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ForexChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders. |
EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for global traders. |
Bonus Offer | |
$100 No Deposit Bonus | |
Comment by Reviewer | |
"ForexChief will prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The large welcome bonus and low starting deposit will also appeal to new traders." | "EagleFX is great for experienced traders looking for raw ECN spreads, high leverage and fast withdrawals. Beginners can also take advantage of the low $10 minimum deposit and round-the-clock support." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Metals, Commodities, Stocks, Indices | Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
VFSC | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
0.1% | |
STP Account | |
Yes | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
Yes | No |
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 | No |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
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. You can start copy trading in a few easy steps. | |
Social Trading | |
No | No |
Trade Signals | |
Yes | MT4 |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
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. A clear pricing schedule is available to clients with no hidden charges. Traders can also access very high leverage up to 1:1000. | Access CFDs spanning several key markets, with tight spreads and reasonable commissions at $6 per round turn. High leverage up to 1:500 is available alongside 24/7 support, plus rapid deposits and withdrawals. |
Leverage | |
1:1000 | 1:500 |
FTSE Spread | |
70 | 0.77 |
GBPUSD Spread | |
0.9 | 1.3 |
Oil Spread | |
12 | 0.09 |
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 the leading MT4 and MT5 platforms. Spreads are tight starting from zero and there are no dealers or requotes. | Go long or short on over 50 forex pairs from majors to exotics, with spreads as low as 0.1 pips. Traders can analyze the currency markets with market-leading trading software and charts from MetaTrader 4. |
GBPUSD Spread | |
0.9 | 1.3 |
EURUSD Spread | |
0.4 | 0.7 |
EURGBP Spread | |
0.9 | 1.4 |
Assets | |
40 | 55 |
Cryptocurrency | |
ForexChief supports crypto trading with five major digital currencies paired against the US dollar. Traders can bet on rising and falling prices with leveraged CFDs and market-leading trading software. | A strong range of cryptocurrencies are available with 35+ tokens and weekend trading. You can also make convenient Bitcoin deposits within minutes with no transfer fees. |
Spread | |
Variable | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
ForexChief vs |
EagleFX vs |