ForexChief vs World Forex

ForexChief vs World Forex Comparison Table 2023
ForexChief World Forex
3.3

ForexChief is #6 in our CFD broker rankings.

4

World Forex is #5 in our binary options 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.

World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
  • Demo Account
  • MT4 integration
  • Copy trading
  • Low minimum deposit
  • Full range of investments
  • Multiple payment methods
Cons
  • Weak regulatory oversight
  • Weak regulation
Promotions

World Forex Cashback Club: Earn $25 Per Lot Traded

Bonus
$100 No Deposit Bonus 100% Deposit Bonus
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
VFSC SVGFSA
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 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 Yes
Mobile Apps
iOS & Android iOS, Android + Web Browser
Auto Trading
EAs Yes
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. Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply.
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No Yes
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
  • RUB
Stock Exchanges
Commodities
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. Speculate on 40+ share CFDs with high leverage and low fees.
Leverage
1:1000 1:1000
FTSE Spread
70 NA
GBPUSD Spread<
0.9 NA
Oil Spread
12 NA
Stocks Spread
50 From 0.03
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. Take positions on a long list of forex pairs with tight spreads and low commissions.
GBPUSD Spread
0.9 From 0.6
EURUSD Spread
0.4 From 0.6
EURGBP Spread
0.9 From 0.6
Assets
40 53
Cryptocurrency
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. Trade on 10 cryptos paired with the USD and EUR. Crypto only pairs are also available.
Spread
Variable 0
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • DSH
  • LTC
  • ETH
  • ZEC
  • XRP
  • BCH
  • XMR
  • EOS
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Trade American and European digital contracts with high payouts up to 100%.
Payout
100%
Expiry Times
1 minute - 7 days
Ladder Options
No No
Boundary Options
No No
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