Zenfinex vs ForexChief

Zenfinex vs ForexChief Comparison Table 2023
Zenfinex ForexChief
WINNER
ForexChief is the better broker
Not Yet Rated
3.3

ForexChief is #14 in our broker rankings.

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

Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.

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

Bonus
$100 no deposit
Instruments
Forex, CFDs, indices, commodities Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, SVGFSA VFSC
Margin Trading
No Yes
Margin Rate
0.1%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes 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
Yes iOS & Android
Auto Trading
Yes Yes
Copy Trading
Yes Yes
Copy Trading Platform
Zenfinex offers social copy trading through the interactive iOS and Android ZenConnect mobile app. Investors can buy and sell on the financial markets using the tips and positions of other traders.
Social Trading
Yes 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
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Leveraged contracts for difference are available on multiple financial markets. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:30 UK, 1:400 1:1,000
FTSE Spread
2.0 80
GBPUSD Spread<
0.3 0.9
Oil Spread
0.05 12
Stocks Spread
N/A 50
Forex Trading
Ultra competitive spreads are available on forex pairs at Zenfinex. 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
0.3 0.9
EURUSD Spread
0.1 0.4
EURGBP Spread
0.3 0.9
Assets
50+ 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
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