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About WikiFX


    2-5 years
    Regulated in Vanuatu
    Retail Forex License
    MT4/5 full license


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    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Offshore Regulatory


    • Company Name:

      ForexChief Ltd
    • Company Abbreviation:

    • Place of registration:

    • Regulatory Status:

      Offshore Regulatory
    • Customer Service Email Address:

    • Customer Service Phone Number:

      +65 3159 3652
    • Company summary

      ForexCheif Ltd. is a licensed broker by the Vanuatu Financial Services Commission, applying the STP/NDD execution model. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.06.13 Risk: 1 Item

    • The VanuatuVFSC regulatory with license number: 14777 is an offshore regulatory, please be aware of the risk!

    WikiFX Verification


    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-06
    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      ForexChief Ltd

      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :


      Phone Number of Licensed Institution :

    • Licensed Institution Certified Documents :

      14777 VFSC20210425更新 View Certified Documents 监管截图 View Certified Documents ForexChief VFSC监管信息20191129 View Certified Documents

    ForexChief · MT4/5

    Identification Result

      ForexChief · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          ForexChief· Genealogy

          ForexChief · Clones

          ForexChief · Market Analysis

          The data are from WIKI Research    2021.06.13 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          ForexChief · Survey×

          Special Note


          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.



          Alternate Text

          Data Sources WikiResearch 2021.06.13 Update


          Data Sources WikiResearch 2021.06.13 Update

          ForexChief · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.06.13 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          ForexChief · Company summary

            Basic Information & Regulators

            ForexCheif Ltd. is a licensed broker by the Vanuatu Financial Services Commission, applying the STP/NDD execution model.

            Safety Analysis of Forex Chief

            ForexCheif is currently only regulated offshore by the Vanuatu VFSC. Please note that offshore regulators do not strictly regulate forex trading activities, which means that the safety of ForexCheif clients' funds may not be effectively protected. Investors should use ForexCheif, a forex trading platform, with caution.

            Market Instruments of Forex Chief

            ForexCheif provides investors with trading products in popular financial markets, mainly Forex major currency pairs, minor currency pairs, exotic currency pairs, spot metals, commodities, stock indices, and cryptocurrencies.

            Accounts & Leverage of Forex Chief

            ForexCheif's MT4 & MT5 trading platforms have four different types of accounts, respectively. MT4 trading platform account types are mainly MT4 Direct FX, MT4 Classic+, Cent-MT4 Direct FX, and Cent -Classic+). The minimum deposit is $50 or the currency equivalent, and the trading leverage is up to 1:1000. MT5 trading platform account types are mainly MT5.DirectFX, MT5.Classic+, Cent-MT5.DirectFX and Cent-MT5. MT5 Classic+ account (Cent- MT4.Classic+). The minimum deposit for the accounts is $50, and the trading leverage is up to 1:400.

            Spreads of Forex Chief

            The minimum spread for MT4.DirectFX accounts is 0 pips for EURUSD, 0 pips for GoldUSD and SilverUSD, 1.4 pips for UK Crude Oil, and 1.2 pips for US Crude Oil, with a commission of 15 USD per million USD ($15 per 1 mln. USD). MT4 Classic+ accounts have a minimum spread of 0 pips for EURUSD, 9 pips for XAUUSD, and 2 pips for USD Silver with no trading commissions.

            Trading Platform Available of Forex Chief

            ForexCheif offers traders the market-leading and widely acclaimed MT4, MT4 iPhone & Android & iPad versions, as well as MT5, MT5 iPhone & Android & iPad versions to meet a wide range of trader needs.

            Deposit and Withdrawal of Forex Chief

            ForexCheif supports a variety of deposit and withdrawal methods, mainly bank transfer SWIFT, bank transfer SEPA, local bank transfer, credit/debit card, China UnionPay, Skrill, NETELLER, WebMoney (0.8% fee for a deposit up to $50/euro), FasaPay, Perfect Money (1.99% fee for deposits). Users withdrawing via credit/debit card need to pay 2%. Withdrawing via Skrill is subject to a 1% commission.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.