ForexChief vs EagleFX

ForexChief vs EagleFX Comparison Table 2023
ForexChief Review 2023	EagleFX Review 2023
Review 3.3 ForexChief is #5 in our CFD broker rankings.	Review 4.1
Traders from US accepted	Traders from US not accepted See available CFD brokers
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
High leverage up to 1:1000 is available A welcome deposit bonus is offered to new users The low minimum deposit of $10 will appeal to beginners 8 account types to suit different strategies and requirements Full range of investments including popular cryptos STP/ECN execution with low spreads from 0.0 pips Turnover rebates for active traders Copy trading solution with signals MT4 and MT5 integration Low margin rates	Bitcoin funding 24/7 customer support Same-day withdrawals High leverage up to 1:500 Easy sign-up process for beginners Reliable trading platform and app in MT4 Full range of investments including cryptos
Cons
Weak regulatory oversight Limited market research Withdrawal fees on several payment methods	Weak regulation No copy trading platform No negative balance protection Limited education and market research
Awards
	FX Broker With Best Withdrawal Options 2020 Best ECN/STP Broker 2020 Best Forex Broker 2020
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices	Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Trading Platforms
MT4 MT5	MT4
Payment Methods
ADVcash Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Neteller Perfect Money Skrill UnionPay WebMoney Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
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
USD EUR GBP JPY CHF	USD EUR GBP
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Natural Gas Oil Silver	Gold Oil Silver
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
BTC BCH ETH LTC XRP	BCH BTC DASH EOS BIT ETP LTC BTC OMG ZEC USDT BCH ETP QTUM XMR DOT ETC IOS NEO SAN ZRX EDO ETH IOT NEO SAN XRP BTG EDO ETH OMG TRX XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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