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WINNER
ForexChief is the better broker
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Not Yet Rated
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3.3
ForexChief is #6 in our CFD broker rankings.
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 Traders from US not accepted |
Traders from US accepted |
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FXCentrum offers welcome deposit bonuses plus STP and ECN trade execution. Three trading platforms, mobile apps and copy trading are also available.
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ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
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| Promotions |
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Win Platinum, Gold & Silver Bars In The FXCentrum Metals Competition
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| Bonus |
| $160 no deposit bonus |
$100 no deposit |
| Instruments |
| Stocks, CFD, Forex, ETFs, Volatility Index |
Stocks, CFD, Forex, Crypto |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $10 |
$10 |
| Payment Methods |
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| Minimum Trade |
| 0.1 lots |
0.01 lots |
| Regulator |
| SFSA |
VFSC |
| Margin Trading |
| Yes |
Yes |
| Margin Rate |
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0.1% |
| MetaTrader 4 |
| No |
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 |
| Yes |
No |
| DMA Account |
| No |
No |
| MAM Account |
| No |
No |
| PAMM Account |
| No |
Yes |
| LAMM Account |
| No |
No |
| Demat Account |
| No |
No |
| AI / Machine Learning |
| No |
No |
| Robo Advisor |
| No |
No |
| Negative Balance Protection |
| Yes |
No |
| Market Maker |
| No |
No |
| P2P Trading |
| No |
No |
| Spot Trading |
| Yes |
Yes |
| Mobile Apps |
| iOS & Android |
iOS & Android |
| Auto Trading |
| Yes - EAs |
Yes |
| Copy Trading |
| Yes |
Yes |
| Copy Trading Platform |
| Copy trading via the award-winning ZuluTrade platform. Over 100,000 registered users and master traders. |
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| Social Trading |
| Yes |
No |
| Trade Signals |
| Yes |
Yes |
| VPS Hosting |
| No |
No |
| Tournaments |
| Yes |
No |
| Demo Competitions |
| No |
No |
| Ethical Investing |
| No |
No |
| Custodial Account |
| No |
No |
| Guaranteed Stop Loss |
| No |
No |
| Islamic Account |
| Yes |
Yes |
| Account Currencies |
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| Stock Exchanges |
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| Commodities |
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| CFD Trading |
| Leveraged CFD trading with a choice of floating or fixed spread accounts |
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. |
| Leverage |
| 1:1000 |
1:1,000 |
| FTSE Spread |
| 2.0 |
80 |
| GBPUSD Spread< |
| 0.4 |
0.9 |
| Oil Spread |
| 0.05 |
12 |
| Stocks Spread |
| Variable |
50 |
| Forex Trading |
| Speculate on major, minor and exotic currency pairs with leverage up to 1:000 |
ForexChief supports spot foreign exchange trading on all account types for 40 major, minor and exotic currency pairs on both MT4 and MT5. |
| GBPUSD Spread |
| 0.4 |
0.9 |
| EURUSD Spread |
| 0.2 |
0.4 |
| EURGBP Spread |
| 0.5 |
0.9 |
| Assets |
| 50+ |
40 |
| Cryptocurrency |
| Crypto trading not offered |
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. |
| Spread |
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Variable |
| 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 |
FXCentrum
vs
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ForexChief
vs
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