JP Markets vs ForexChief

JP Markets vs ForexChief Comparison Table 2023
JP Markets ForexChief
WINNER
ForexChief is the better broker
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

JP Markets is an award-winning South African Forex and CFD broker.

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Awards
  • South Africa’s Best Broker 2019 - Global Business Outlook
  • South Africa’s Fastest Growing Broker 2019 - International Finance
  • The Most Transparent Broker 2019 - The European
  • Forex CEO of the year South Africa 2020 - International Business Magazine
Bonus
200% deposit bonus up to R280,000 $100 no deposit
Instruments
Forex CFDs, indices, stocks, commodities, cryptocurrencies Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
FSB 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
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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes
Copy Trading
No Yes
Social Trading
No No
Trade Signals
No 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
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:200 1:1,000
FTSE Spread
19 pips 80
GBPUSD Spread<
2.4 pips 0.9
Oil Spread
10 pips 12
Stocks Spread
From 0.7 pips 50
Forex Trading
30 currency pairs are available to trade 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
2.4 pips 0.9
EURUSD Spread
2 pips 0.4
EURGBP Spread
2.4 pips 0.9
Assets
30 40
Cryptocurrency
Trading is available on just four popular crypto pairs ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • 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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