S.A.M Trade vs ForexChief

S.A.M Trade vs ForexChief Comparison Table 2023
S.A.M Trade ForexChief
WINNER
ForexChief is the better broker
3.3
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

S.A.M Trade is an STP/ECN broker with ultra-tight spreads, fund security and trading promotions.

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

Pros
  • Copy trading
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
Cons
  • Few payment methods
  • Regulatory concerns
Bonus
Cash Rebates $100 no deposit
Instruments
CFDs, Forex, Indices, Commodities, Futures, Cryptocurrencies Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 lots
Regulator
FSC, ASIC, FINTRAC 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
Yes 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
Yes 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
Yes Yes
Copy Trading Platform
The CopySamâ„¢ system offers straightforward copy trading across accounts with 10% to 40% profit sharing and a $100 minimum investment.
Social Trading
No No
Trade Signals
MT4 Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$50
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Highly leveraged CFD trading is available with ultra-tight spreads. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:1000 1:1,000
FTSE Spread
50 80
GBPUSD Spread<
2.4 - 2.6 0.9
Oil Spread
5.0 cents 12
Stocks Spread
NA 50
Forex Trading
Trade currency pairs with on the MT4 platform with ultra-fast executions. 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 - 2.6 0.9
EURUSD Spread
1.7 - 2.0 0.4
EURGBP Spread
2.4 - 2.7 0.9
Assets
30 40
Cryptocurrency
Take positions on cryptos with crypto-fiat cross pairs. ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable Variable
Coins
  • AVE
  • ADA
  • BNB
  • BCH
  • BSV
  • BTC
  • DSH
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • THT
  • TRX
  • UNI
  • VET
  • XLM
  • XMR
  • XRP
  • XTZ
  • 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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