Quotex vs ForexChief

Quotex vs ForexChief Comparison Table 2023
Quotex ForexChief
4.4

Quotex is #2 in our binary options broker rankings.

3.3

ForexChief is #6 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Quotex offers a proprietary web platform that has digital options and trading signals.

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

Pros
  • Demo account
  • Bonuses & promos
  • Low minimum deposit
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
Cons
  • No regulatory oversight
  • No MT4 integration
  • No copy trading
  • Weak regulatory oversight
Promotions

Download The ForexChief App For A $100 No Deposit Bonus

Bonus
30% Deposit Bonus $100 No Deposit Bonus
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos CFDs, Forex, Metals, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
$1 0.01 lots
Regulator
VFSC
Margin Trading
No Yes
Margin Rate
0.1%
MetaTrader 4
No 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
No 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 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
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • INR
  • MYR
  • IDR
  • RUB
  • BRL
  • THB
  • VND
  • UAH
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:1000
FTSE Spread
70
GBPUSD Spread<
0.9
Oil Spread
12
Stocks Spread
50
Forex Trading
Use digital options to take straightforward buy and sell positions on a range of currencies. 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
N/A 0.9
EURUSD Spread
N/A 0.4
EURGBP Spread
N/A 0.9
Assets
20+ 40
Cryptocurrency
Trade a handful of the top cryptos at Quotex with up/down binaries. ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
N/A 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
Binary Options
Quotex offers online binary options on a range of markets with a welcome bonus for new traders. Binary options trading not offered
Payout
98%
Expiry Times
5 seconds - 4 hours
Ladder Options
No No
Boundary Options
No No
More Comparisons
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