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WINNER
ForexChief is the better broker
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3.4
 Traders from US not accepted
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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 |
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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 |
ForexChief vs |