Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

xChief

Comoros | 5-10 years | Environment D |
Regulated in Comoros | Retail Forex License | MT4 Full License | High potential risk | Offshore Regulated

https://www.xchief.com/

Website

Rating Index

Environment

Environment

D

Average transaction speed (ms)

1016 Poor

MT4/5

Full License

xChief-Classic

Germany
MT4
20

Influence

B

Influence index NO.1

Brazil 4.00
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:D

Slippage:C

Cost:D

Disconnected:A

Rollover:C

MT4/5 Identification

MT4/5 Identification

Full License

20
Server Name
xChief-Classic MT4
Server Location Germany

Influence

Influence

B

Influence index NO.1

Brazil 4.00
Surpassed 59.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+61 80936512
info@xchief.com
https://www.xchief.com/
Floor 21, 60 Margaret Street, Sydney, NSW 2000, Australia

FX6182938342

Unverified

Iran

He did not process my withdrawal, he said my trade was a hedge, but my trade was not a hedge.

Exposure

05-04

kingfacegh

Unverified

Iran

No one is more dishonest than X-Chief. Unbeknownst to me, X-Chief placed an order on Wednesday in the worst possible place, against the market trend, causing all my assets to be wiped out. If you value your capital, stay away from this dishonest broker.👎

Exposure

01-06

FX2293563965

Unverified

Iraq

I cannot withdraw profits from this clearly fraudulent broker.

Exposure

2024-12-04

FX1772246477

Unverified

Germany

Whether you’re just starting or have some experience, xChief is a solid pick. Setting up an account was simple, and they’ve got great educational content that actually makes sense. Leverage options are flexible, and depositing or withdrawing money is hassle-free. The platform stays stable, even when markets get wild. Plus, they offer a $100 no deposit bonus, which is perfect if you want to try out the platform risk-free. On top of that, their welcome bonus goes up to $500, giving you a nice boost to kickstart your trading. And their IB program? It’s fantastic if you want to bring your friends and earn a bit extra on the side.

Positive

In a week

FX3289313077

Unverified

India

The deposits to this broker is very fast . And withdrawals take little time but smooth . I would recommend their no deposit bonus option to try trading on the platform you will not disappointed.

Positive

In a week

FX1444907352

Unverified

Germany

Xchief is a great choice for traders seeking competitive spreads and a user-friendly UI. While there's room for improvement in payment options and platform stability, the broker's customer support and trading conditions make it a worthwhile consideration. I'm XChief is suitable for both beginners and experienced traders looking for reliable trading conditions. I have been using xChief for 3 months and I recommend

Positive

05-12

biocipher

Unverified

Indonesia

I made a small deposit to try out the platform. So far everything works fine, trades go through without issues, and my withdrawal was processed in a reasonable time. Support has replied when I had questions. Overall, it feels like a solid start.

Positive

04-24

Ahmad122713

Unverified

Nigeria

Trading with tgis broker, i noticed that the spread was significantly lower than my previous brokers. Plus the withdrawal is also super fast. I recommend.

Positive

04-16

celal erimez

Unverified

Turkey

I recommend xChief to all investors in Türkiye because it offers the opportunity to try without depositing money with a $ 100 No Investment bonus. It is a really successful broker. I am satisfied, thank you.😎

Positive

04-12

FX1239771817

Unverified

Philippines

I recommend XChief to all Filipino out there XChief is easy to use also trusted broker They has the best NDB bonus for the new traders

Positive

03-25

FX3289313077

Unverified

India

i was recently recommended to try xChief and to my surprise few issues i had regarding no deposit bonus and some other questions was solved promptly by support team . Really looking forward to using more of its features

Positive

03-13

Imran04

Unverified

France

I like the fact tha crypto t withdrawal is very fast, usually within 30mins during business hours. 😎

Positive

02-24

MohammedWahid

Unverified

Egypt

I have been trading with the company for over a year and have not encountered any problems. The withdrawal and deposit process was fast and the technical support was good.

Positive

02-24

celal erimez

Unverified

Turkey

Thank you xChief for your perfect service! Fast deposit! the fastest withdrawal ! I've withdrawn as a deposit and profit. I have never contacted client support, as wasn't necessary. Thank you xChief for your perfect service!

Positive

02-23

FX4260336797

Unverified

Brazil

Guys I am satisfied with the services of this company. They give good trading conditions and I have no problems with withdrawal of money.

Positive

2024-12-13

FX1678510646

Unverified

Malaysia

Hello everyone. Today I withdrew money for the first time. The withdrawal request was processed very quickly. I am satisfied. Good company.

Positive

2024-11-26

FX3833261503

Unverified

United Kingdom

Trading with this broker has been a smooth experience so far. Spreads are decent, and withdrawals are processed without delays. The platform works well, though I wish there were more tools for analysis. Overall, it’s a good choice for those looking for straightforward trading.

Positive

2024-10-16

Germer

Unverified

Hong Kong

xChief, now that's a platform with some serious market instruments! And when it comes to customer support, they're on it like white on rice. Quick, friendly, and always there to help. Give them a try, you won't regret it!

Positive

2024-07-23

BenjamínFer

Unverified

Chile

Not a bad broker. I have been trading with this company for quite a long time. Everything is fine

Positive

2024-06-26

Paul Schmidt

Unverified

Germany

I've been trading with xChief and am overall satisfied. Although they lack strong regulatory oversight, they fulfill their commitments and offer competitive trading conditions comparable to well-known brokers. Despite some drawbacks, the service is reliable, and I haven't faced major issues with execution or withdrawals. I'm pleased with their performance and would recommend them to other traders.

Positive

2024-06-13

Esto

Unverified

Finland

Not bad. Not bad. They withdraw money without a problem. There are no trade barriers or restrictions. Everything is fine

Positive

2024-05-22

Doris Huntington

Unverified

Netherlands

Trading isn't exactly my expertise, but I've found a rewarding avenue to grow my wealth by entrusting it to skilled account managers through this company. Over the past three months, I've experienced a steady flow of returns.

Positive

2024-05-08

Clintti

Unverified

Netherlands

I love xCheif!!! They offers a $100 welcome bonus. I used this platform and it is super fits me! Having been trading with xCheif for two weeks, great stability, good spreads and fast execution. I feel very lucky that I chose this amazing broker! ❤❤❤

Positive

2024-04-28

34
Account
Related Software
Environment
Marketing Strategy
Biz Area
Website
Genealogy
Company Summary
News
Comment
Related Software
Full License MT4
Full License MT5
5
MT4 Servers
1
MT5 Servers
146.52
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect
Meta Trader 5
Perfect
Trading Software
Good

Users who viewed xChief also viewed..

XM

9.03
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
XM
Score
9.03
  • 10-15 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

VT Markets

8.52
Score
5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
VT Markets
VT Markets
Score
8.52
  • 5-10 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • MT4 Full License
Official website

MiTRADE

8.60
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)Self-developed
MiTRADE
MiTRADE
Score
8.60
  • 10-15 years |
  • Regulated in Australia |
  • Market Maker (MM) |
  • Self-developed
Official website

Taurex

8.42
Score
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Taurex
Taurex
Score
8.42
  • 5-10 years |
  • Regulated in United Kingdom |
  • Market Maker (MM) |
  • MT4 Full License
Official website

Environment

Average transaction speed(ms)
1016 Poor
The highest transaction speed(ms)
672 Poor
The highest speed of opening positions(ms)
703 Poor
The highest speed of closing position(ms)
672 Poor
The lowest speed of opening positions(ms)
1609 Good
The lowest speed of closing position(ms)
1594
21.12USD/Lot Poor
44USD/Lot
Long: -8.9USD/Lot    Short: 1.1USD/Lot Poor
Long: -39.8USD/Lot    Short: 16.2USD/Lot Poor
Average slippage
1.1 Poor
Maximum transaction slippage
24
Maximum positive slippage
11 Poor
Maximum negative slippage
24
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
21.1
Ranking: 124 / 128
Test user 414
Orders 2,876
Ocuppied margin $2,692,948 USD
Data Source
WikiFX Data provide
Updated: 2025-05-21 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Botswana
fcxchief.asia
172.67.140.14
xchief.com
104.21.58.19
forexchief.tw
54.169.31.118
fxchief-indonesia.com
69.171.247.71
forexchief.cn
208.43.170.231
forexchief.com
104.25.157.68

Genealogy

vip VIP is not activated.
Please visit the WikiFX App to be our VIP.
Open Now

Company Summary

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.

Keywords

  • 5-10 years
  • Regulated in Comoros
  • Regulated in Australia
  • Retail Forex License
  • Appointed Representative(AR)
  • MT4 Full License
  • MT5 Full License
  • Self-developed
  • High potential risk
  • Offshore Regulated

User Reviews 34

All (34) Positive (23) Neutral (3) Exposure (8)
Scroll down to view more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
34
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com