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xChief 、FirewoodFX 交易商比较(前端未翻译)

Do you want to know which is the better broker between xChief and FirewoodFX ?

在下表中,您可以并排比较 xChief 、 FirewoodFX 的功能,以确定最适合您的交易需求。(前端未翻译)

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
5.87
Regulated
Not Guaranteed
5-10 years
FSCA,MISA
Supported
Supported
Bank Transfer SWIFT,Crypto,Bank Transfer SEPA,Debit/Credit Card
C
D
770
563
640
563
1610
640
1610
C

EURUSD:3

EURUSD:1

6
--
6
AA

--

XAUUSD:12.5

C

EURUSD: -8.9 ~ 1.1

XAUUSD: -78.9 ~ 31.2

B
0.8
2
70+ Forex, Metals, Commodities, Indices, Crypto
$10 (or equivalent)
1:1000
From 0.6
30.00
--
0.01
--
2.26
Not Regulated
Not Guaranteed
--
5-10 years
--
Supported
Not Supported
Bank Transfer,Mastercard. Visa,China Unionpay,Neteller,Skrill,Perfect Money,FasaPay,Vietnam Exchanger,Thailand Exchanger,Indonesia Exchanger,PerfectMoney,OKPAY
B
B
532.1
280
281
280
1997
1903
1997
A

EURUSD:0.2

EURUSD:0.2

3
1
3
A

EURUSD:12

XAUUSD:19.37

C

EURUSD: -10 ~ 2.56

XAUUSD: -72.13 ~ 26.22

C
1
24.7
--
USD 1
1:3000
from 1
20.00
Floating
0.01
--
Score
Regulatory Status
Regulated
Not Regulated

xChief 、 FirewoodFX BrokerRelated News

xChief 、 FirewoodFX 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 forexchief and firewoodfx 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

forexchief
xChiefReview Summary
Founded2014
Registered Country/RegionComoros
RegulationMISA (Offshore)
Market InstrumentsForex, Metals, Commodities, Indexes, Stocks, Cryptos
Demo Account
LeverageUp to 1:1000
SpreadFrom 0 pips
Trading PlatformMT4, MT5, xChief App
Min Deposit0
Customer SupportLive 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.

xChief's homepage

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.

Offshore regulated by MISA

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.

ProsCons
Various trading instrumentsWithdrawal issues and slippage
Tight spreadsOffshore 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 TypeAccount CurencyMinimum DepositNo-Deposit Bonus $100Welcome Bonus $500
CENTUSD, EUR0
Classic+USD, EUR, GBP$10 (or equivalent)
DirectFXUSD, EUR, GBP$50 (or equivalent)
xPRIMEUSD, 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 TypeMax LeverageSpreadsCommissions
CENT1:500From 0.9 pips
Classic+1:1000From 0.6 pips
DirectFX1:1000From 0.3 pips$/€/£2.5
xPRIME1:1000From 0 pips$/€/£/₣3/¥500

Trading Platforms

Trading PlatformAvailable Devices Suitable for
MetaTrader5Desktop, iOS, Android, MacOS, WebBeginners
MetaTrader4Desktop, iOS, Android, MacOS, WebSkilled and professional traders
xChief Mobile AppMobileAll types of traders
Trading Platforms

Deposits & Withdrawals

TxChief supports different kinds of deposit and withdrawal methods. Take the UK for example.

Deposit MethodsFeesTimeCurrency
SWIFT0%Up to 5 daysEUR, GBP
Crypto0%Up to 8 hoursBTC, ETH, LTC, XRP, USDT, USDC
Perfect Money1.99%InstantlyUSD, EUR
Withdrawal M ethodsFeesTimeCurrency
SWIFT1%, min.€50/£50Up to 5 business daysEUR, GBP
SEPA€25Up to 3 business daysEUR
Debit/Credit Card2%, min.$5/€5Up to 7 business daysUSD, EUR
Crypto0%1 business dayBTC, ETH, LTC, XRP, USDT, USDC
Perfect Money0.5%1 business dayUSD, 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
Email 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
Email 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
Email 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.

firewoodfx
Firewood FX Review Summary
Founded2014
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Gold, Cryptos, Oil, etc.
Demo Account
LeverageUp to 1:3000
SpreadFrom 2 pips (Standard account)
Trading PlatformMT4
Min Deposit$10
Customer SupportLive chat, contact form
Tel: +442036083558
Email: support@firewoodfx.com
Address: Suite 305, Griffith Corporate Centre, Beachmont. St. Vincent and the Grenadines
Regional RestrictionsThe United States, North Korea, Iraq, Iran, Saint Lucia and Saint Vincent and the Grenadines

Based in Saint Vincent and the Grenadines, FirewoodFX is an unregulated forex broker that was established in 2014. FirewoodFX provides various financial products to trade via the MT4 platform, including Forex, Gold, Cryptos, Oil and more. Demo accounts are available and the minimum deposit requirement to open a live account is only $10.

FirewoodFX's homepage

Pros and Cons

ProsCons
Various trading optionsUnregulated
Demo accountsRegional restrictions
Cent account offered
Multiple account types
Commission-freefor most accounts
Low minimum deposit
Multiple payment options
Live chat support

Is FirewoodFX Legit?

No, FirewoodFX is not regulated by any reputable financial body. Please be aware of the risk!

No license

What Can I Trade on FirewoodFX?

Tradable Instruments Supported
Forex
Gold
Cryptos
Oil
Indices
Stocks
Bonds
Options
ETFs

Account Type

FirewoodFX offers five accounts to choose from, including Cent, Micro,Standard, Premium and ECN accounts. Besides, it also sets up demo accounts for traders to practice trading with virtual credit. Islamic swap free accounts are available.

Account TypeMin DepositMax Trade SizeMin Trade Size
Cent$10100 cent lot (100,000)0.01 cent lot (1,000)
Micro200 micro lot (200,000)0.01 micro lot (100)
Standard30 lot (3,000,000)0.01 lot (1,000)
Premium50 lot (3,000,000)
ECN$200
Account comparison

Leverage

FirewoodFX provides leverage up to 1:3000 for Cent account and up to 1:1000 for other accounts. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Account TypeMax Leverage
Cent1:3000
Micro1:1000
Standard
Premium
ECN

Spread and Commission

FirewoodFX offers different spreads for different accounts. The broker charged $7/lot for ECN account and commission-free on other accounts.

Account TypeSpreadCommission
CentFloating from 1 pip
MicroFixing from 3 pips
StandardFixing from 2 pips
PremiumFloating from 0.3 pip
ECNFloating from 0 pips$7/lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Web, PC, Mac, mobile and tabletBeginners
MT5/Experienced traders
MT4

Deposit and Withdrawal

Payment OptionsAccepted CurrenciesMin Deposit Fees Processing Time
Bank TransferUSD$100Bank fees may apply24 hours
QRISIDRIDR 100,000Few minutes
Internet Banking (Indonesian Local Bank)$10
Virtual Account (E-Wallet)
USD Tether TRC20/BEP20USTD$1
USD Coin BEP20
IDRX BEP20IDRX
Credit CardUSD$50$0.5+ 5%Instant deposit
Perfect Money$1
FasapayUSD, IDR
Thai QR PaymentTHB$10Few minutes
Deposit and Withdrawal

Do forexchief and firewoodfx 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 forexchief and firewoodfx are, we first considered common fees for standard accounts. On forexchief, the average spread for the EUR/USD currency pair is From 0.6 pips, while on firewoodfx the spread is from 1.

Which broker between forexchief, firewoodfx 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.

forexchief is regulated by FSCA,MISA. firewoodfx is regulated by --.

Which broker between forexchief, firewoodfx 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.

forexchief provides the Classic+,CENT,xPRIME,DirectFX platform with products like 70+ Forex, Metals, Commodities, Indices, Crypto; firewoodfx offers the Cent,Pro platform featuring assets including --.

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