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WINNER
ForexChief is the better broker
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3.4
 Traders from US not accepted |
3.3
Traders from US accepted |
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GoFX is an online broker aimed at traders from Thailand. Multiple account tiers, no deposit bonuses and loyalty promos available. |
ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms. |
| Pros |
- Full range of investments
- Low minimum deposit
- No demo account
- MT4 integration
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| Cons |
- Weak regulatory oversight
- No copy trading
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| Awards |
- Fastest Growing Broker 2021 - Forex Awards
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| Bonus |
| $50 No Deposit Bonus |
$100 no deposit |
| Instruments |
| Forex, Cryptos, CFDs on Stocks, Indices & Commodities |
Stocks, CFD, Forex, Crypto |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $5 |
$10 |
| Payment Methods |
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| Minimum Trade |
| 0.01 Lots |
0.01 lots |
| Regulator |
| FSA |
VFSC |
| Margin Trading |
| Yes |
Yes |
| Margin Rate |
|
0.1% |
| MetaTrader 4 |
| Yes |
Yes |
| MetaTrader 5 |
| No |
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 |
| No |
Yes |
| ECN Account |
| No |
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 |
| No |
No |
| Market Maker |
| No |
No |
| P2P Trading |
| No |
No |
| Spot Trading |
| No |
Yes |
| Mobile Apps |
| iOS & Android |
iOS & Android |
| Auto Trading |
| EAs |
Yes |
| Copy Trading |
| No |
Yes |
| Social Trading |
| No |
No |
| Trade Signals |
| Yes (via MT4) |
Yes |
| 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 |
Yes |
| Account Currencies |
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| Stock Exchanges |
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| Commodities |
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| CFD Trading |
| Speculate on several markets without owning the underlying asset. High leverage available. |
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. |
| Leverage |
| 1:3000 |
1:1,000 |
| FTSE Spread |
| 0.01 |
80 |
| GBPUSD Spread< |
| 0.00001 |
0.9 |
| Oil Spread |
| 0.01 |
12 |
| Stocks Spread |
| Variable |
50 |
| Forex Trading |
| Trade major and minor currency pairs on the MT4 platform. |
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 |
| 0.00001 |
0.9 |
| EURUSD Spread |
| 0.00001 |
0.4 |
| EURGBP Spread |
| 0.00001 |
0.9 |
| Assets |
| 28 |
40 |
| Cryptocurrency |
| Trade popular cryptos with USD cross pairs. |
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. |
| Spread |
| 0.0001 |
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 |
GoFX
vs
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ForexChief
vs
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