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ForexChief vs N1CM

ForexChief vs N1CM Comparison Table 2023
ForexChief N1CM
Review
3.3

ForexChief is #5 in our CFD broker rankings.

Review
3.3

N1CM is #13 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Number One Capital Markets, or N1CM, is a leveraged CFD broker with tier-one liquidity providers and 211 ms execution speeds.

Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
Cons
  • Weak regulatory oversight
  • Weak regulatory oversight
Awards
  • Best Forex & CFD Trading Platform 2022
  • Best Customer Service 2021
  • Best Forex & CFD Trading Platform 2021
  • Best Forex & CFD Trading Platform 2020
  • Best Forex Execution 2020
  • Best Customer Service 2020
Promotions

Download The ForexChief App For A $100 No Deposit Bonus
Bonus
$100 No Deposit Bonus 35% Welcome Deposit Bonus
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
VFSC 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 No
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs EAs
Copy Trading
Yes Yes
Copy Trading Platform
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions. Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms.
Social Trading
No No
Trade Signals
Yes MT4 & MT5
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
Stock Exchanges
Commodities
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. Trade CFDs with low fees and 1:1000 flexible leverage.
Leverage
1:1000 1:1000
FTSE Spread
70 From 0.5 pips
GBPUSD Spread<
0.9 From 0.5 pips
Oil Spread
12 From 0.5 pips
Stocks Spread
50 From 0.5 pips
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. Major and minor currency pairs with low spreads on the MT4 and MT5 platforms.
GBPUSD Spread
0.9 1.1 average
EURUSD Spread
0.4 0.9 average
EURGBP Spread
0.9 1.1 average
Assets
40 50+
Cryptocurrency
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. Trade a handful of cryptos against the USD with no commissions.
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
Review
Review
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