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Yuanta , xChief Broker Comparison
Do you want to know which is the better broker between Yuanta and xChief ?
In the table below, you can compare the features of Yuanta , xChief side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.04
Regulated
Under guarantee
--
20+ years
SFC,SFC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
5.87
Regulated
Under guarantee
5-10 years
FSCA,MISA
Bank Transfer SWIFT,Crypto,Bank Transfer SEPA,Debit/Credit Card
C
D
770
563
640
563
1610
640
1610
C
EURUSD: 3
XAUUSD: 1
6
--
6
AA
--
12.5 USD/Lot
C
Long: -8.9
Short: 1.1
Long: -78.9
Short: 31.2
B
0.8
2
Classic+,CENT,xPRIME,DirectFX
70+ Forex, Metals, Commodities, Indices, Crypto
$10 (or equivalent)
1:1000
From 0.6
30.00
--
0.01
--
xChief BrokerRelated News
Yuanta 、 xChief BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do yuanta and forexchief have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
yuanta
| Yuanta Review Summary | |
| Founded | 1992 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC |
| Market Instruments | Stocks, derivatives, futures & options |
| Demo Account | ❌ |
| Trading Platform | eWinner, YSHK SP Trader |
| Minimum Deposit | / |
| Customer Support | Phone: (852) 3555-7878 |
| Fax: (852) 3555-7889 | |
| Email: HK.services.brk@yuanta.com | |
Yuanta Information
Founded in 1992, Yuanta is governed by the Hong Kong Securities and Futures Commission. The company provides a variety of trading tools including stocks, futures, and derivatives. Though it lacks a demo account, it helps multi-platform trading with in-house created technologies and provides localised support via phone and email.
Pros and Cons
| Pros | Cons |
| Regulated by Hong Kong SFC | No demo accounts |
| Supports multi-market trading through one login | Some service fees (e.g., nominee services) can be high |
| Offers broad product coverage: stocks, futures, options | No clearly stated minimum deposit |
Is Yuanta Legit?
Yes, Yuanta is regulated by Securities and Futures Commission of Hong Kong (SFC).
| Licensed Entity | Regulated by | Regulated License | Current Status | License Type | License No. |
| Yuanta Securities (Hong Kong) Company Limited | Hong Kong, China | SFC | Regulated | Dealing in futures contracts | ABS015 |
| Yuanta Futures (HK) Co., Limited | Hong Kong, China | SFC | Regulated | Dealing in futures contracts | AXQ690 |
| Yuanta Asia Investment (Hong Kong) Limited | Hong Kong, China | SFC | Exceeded | Dealing in securities | ABZ023 |
What Can I Trade on Yuanta?
Mainly covering stock trading, derivative products, and futures & options, the organization provides a broad spectrum of financial products and services.
| Trading Products | Details |
| Stock Trading | HK Stocks, SH Stocks, SZ Stocks, Taiwan Stocks, US Stocks, China B Shares, Overseas Stocks |
| Derivative Products | Callable Bull / Bear Contracts, Derivative Warrants |
| Futures & Options | Futures, Options, Trading Details, Contract Specifications, Margin Requirements |
Yuanta Fees
Though some administrative and nominee service fees could be on the higher side, Yuanta's fees are usually in line with industry standards, with standard commission and interest rates similar to major Hong Kong brokers.
| Item | Charge |
| Standard Commission Rate | 0.25% of transaction amount, Minimum HK$100 |
| Standard Margin Interest Rate | Prime Rate + 5% |
| Stamp Duty | 0.10% (after 17 Nov 2023), 0.13% (before), min HK$1 |
| Transaction Levy | 0.0027% of transaction amount |
| Trading Fee | 0.00565% of transaction amount (since Jan 2023) |
| CCASS Fee | 0.002%, min HK$2, max HK$100 |
| Italian Financial Transaction Tax | 0.2% of transaction amount |
| FRC Transaction Levy | 0.00015% of transaction amount |
Trading Platform
Yuanta offers a suite of trading platforms under the eWinner and YSHK SP Trader brands, designed for both desktop and mobile users.
| Trading Platform | Supported | Available Devices |
| eWinner | ✔ | Web, PC, iOS, Android |
| YSHK SP Trader | ✔ | PC, iOS, Android |
Deposit and Withdrawal
Yuanta does not charge deposit or withdrawal fees directly, but third-party banks may impose charges depending on the method (especially for CHATS/RTGS and overseas remittance). No specific minimum deposit amount is mentioned in the policy.
| Payment Method | Fees (Yuanta) | Processing Time | Notes |
| Cheque Deposit | 0 | Next business day | Cheque copy & receipt with account info required |
| Local Bank Transfer | 0 (via SCBHK), others may charge | Same business day | SCBHK transfers free; non-SCBHK/CHATS may incur fees |
| CHATS/RTGS | Waived under HKD/RMB 1 million (temp.) | Larger amounts may incur third-party charges | |
| Overseas Remittance | Yuanta: 0; Bank charges apply | 1–2 business days (depends on correspondent bank) | Full bank and SWIFT details required per currency |
| Mobile App (2FA) | 0 | Same day (if before cutoff) | Withdrawal via mobile app requires authentication |
| Email Instruction | 0 | Processed on same or next business day | Must email with account name & number before cutoff (5:00pm HKT) |
forexchief
| xChiefReview Summary | |
| Founded | 2014 |
| Registered Country/Region | Comoros |
| Regulation | MISA (Offshore) |
| Market Instruments | Forex, Metals, Commodities, Indexes, Stocks, Cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0 pips |
| Trading Platform | MT4, MT5, xChief App |
| Min Deposit | 0 |
| Customer Support | Live chat, phone, email |
xChief Information
xChief (formerly ForexChief) is an online Forex and CFD trading broker that offers multiple assets for trading online via the MetaTrader4/5 platforms. Founded in 2014, its head office is in Vanuatu while other representative offices are in Singapore and Nigeria. xChief Ltd is incorporated in the Republic of Comoros.
Is xChief Legit?
xChief Ltd is a retail forex broker offshore regulated by the Mwali International Services Authority (MISA) in Comoros with the license number T2023379. Besides, xChief prioritizies the safety of client funds. If there are any losses caused by technical faults, xChief will compensate for them. It also protects clients' funds by segregating them into separate bank accounts.
Pros & Cons
xChief has several pros and cons. It offers various trading instruments, multiple account types, and user-friendly trading platforms. Besides, it also highlights the safety of client funds, and manages to protect them. What's more, it is well regulated, and it is a mature broker. However, some reports have been exposed, which says that xChief has slippage.
| Pros | Cons |
| Various trading instruments | Withdrawal issues and slippage |
| Tight spreads | Offshore regulated |
| Demo accounts | |
| MT4/5 supported | |
| No minimum deposit requirement | |
| Live chat |
Accounts
xChief offers 4 types of trading accounts: CENT account, Classic+ account, DirectFX account, and xPRIME account. Demo accounts are also available for traders.
| Account Type | Account Curency | Minimum Deposit | No-Deposit Bonus $100 | Welcome Bonus $500 |
| CENT | USD, EUR | 0 | ❌ | ❌ |
| Classic+ | USD, EUR, GBP | $10 (or equivalent) | ✔ | ✔ |
| DirectFX | USD, EUR, GBP | $50 (or equivalent) | ✔ | ✔ |
| xPRIME | USD, EUR, GBP, CHF, JPY | $2000 (or equivalent) | ❌ | ✔ |
Leverage/Spreads & Commissions
The leverage is relatively high, and for some types of accounts, it can be up to 1:1000, which means risks may also be high.
| Account Type | Max Leverage | Spreads | Commissions |
| CENT | 1:500 | From 0.9 pips | ❌ |
| Classic+ | 1:1000 | From 0.6 pips | ❌ |
| DirectFX | 1:1000 | From 0.3 pips | $/€/£2.5 |
| xPRIME | 1:1000 | From 0 pips | $/€/£/₣3/¥500 |
Trading Platforms
| Trading Platform | Available Devices | Suitable for |
| MetaTrader5 | Desktop, iOS, Android, MacOS, Web | Beginners |
| MetaTrader4 | Desktop, iOS, Android, MacOS, Web | Skilled and professional traders |
| xChief Mobile App | Mobile | All types of traders |
Deposits & Withdrawals
TxChief supports different kinds of deposit and withdrawal methods. Take the UK for example.
| Deposit Methods | Fees | Time | Currency |
| SWIFT | 0% | Up to 5 days | EUR, GBP |
| Crypto | 0% | Up to 8 hours | BTC, ETH, LTC, XRP, USDT, USDC |
| Perfect Money | 1.99% | Instantly | USD, EUR |
| Withdrawal M ethods | Fees | Time | Currency |
| SWIFT | 1%, min.€50/£50 | Up to 5 business days | EUR, GBP |
| SEPA | €25 | Up to 3 business days | EUR |
| Debit/Credit Card | 2%, min.$5/€5 | Up to 7 business days | USD, EUR |
| Crypto | 0% | 1 business day | BTC, ETH, LTC, XRP, USDT, USDC |
| Perfect Money | 0.5% | 1 business day | USD, EUR |
Customer Service
xChief provides customer services to its clients, and it has unique contact options in the headquarter as well as representative offices.
| Vanuatu Contact Info | |
| Phone | +65 31593652 |
| info@xchief.com | |
| marketing@xchief.com | |
| partnership@xchief.com | |
| Support Ticket System | ✔ |
| Online Chat | 24/7 |
| Website Language | English |
| Company Address | 1st Floor, CNM Building, Port Vila, Vanuatu |
| Singapore Contact Info | |
| Phone | +65 31593652 |
| asia@xchief.com | |
| Support Ticket System | ✔ |
| Online Chat | 24/7 |
| Website Language | English |
| Company Address | 2 Venture Dr, #24-01 Vision Exchange, Singapore, 608526 |
| Nigeria Contact Info | |
| Contact Options | Details |
| Phone | +234 9030795364 |
| nigeria@xchief.com | |
| Support Ticket System | ✔ |
| Online Chat | 24/7 |
| Website Language | English |
| Company Address | Suite 319 Rock of Ages Mall Jabi, Abuja, Nigeria |
FAQs
Is xChief regulated?
Yes, it is regulated by the MISA.
Does xChief offer demo accounts?
Yes.
What trading platforms does xChief have?
It supports MT4, MT5, and xChief APP.
What is the minimum deposit for xChief?
The minimum deposit is 0.
Do yuanta and forexchief have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive yuanta and forexchief are, we first considered common fees for standard accounts. On yuanta, the average spread for the EUR/USD currency pair is -- pips, while on forexchief the spread is From 0.6 .
Which broker between yuanta, forexchief is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
yuanta is regulated by SFC,SFC. forexchief is regulated by FSCA,MISA.
Which broker between yuanta, forexchief provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
yuanta provides the -- platform with products like --; forexchief offers the Classic+,CENT,xPRIME,DirectFX platform featuring assets including 70+ Forex, Metals, Commodities, Indices, Crypto.
