ICM Brokers vs ForexChief

ICM Brokers vs ForexChief Comparison Table 2023
ICM Brokers ForexChief
Not Yet Rated
3.3

ForexChief is #6 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.

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
  • MT4 integration
  • Copy trading
Cons
  • Weak regulatory oversight
Bonus
$100 No Deposit Bonus
Instruments
Forex, equity CFDs, precious metals, energies, futures CFDs, Forex, Metals, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$300 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
VFSC VFSC
Margin Trading
No 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
Yes Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes EAs
Copy Trading
No 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.
Social Trading
No No
Trade Signals
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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs with high leverage rates. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:400 Retail, 1:100 Professional 1:1000
FTSE Spread
3.5 70
GBPUSD Spread<
3 0.9
Oil Spread
Floating 12
Stocks Spread
Variable 50
Forex Trading
Trade forex pairs with up to 1:400 leverage. 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
3 0.9
EURUSD Spread
2 0.4
EURGBP Spread
3 0.9
Assets
20+ 40
Cryptocurrency
Crypto trading not offered ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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