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xChief

Trust Score:

4.62

(144 Reviews)
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About xChief

xChief is a multi-asset broker established in 2014 offering forex and CFD trading on MetaTrader 4 (MT4), MetaTrader 5 (MT5), and mobile platforms. The product range covers indices, energies, cryptocurrencies, precious metals, share CFDs, and a limited set of five currency pairs. Execution is based on an STP/NDD model with variable spreads, hedging and scalping permitted, and position sizes from 0.01 up to 100 lots. Leverage is available up to 1:1000. Clients can open a demo account and start live trading from a $10 minimum deposit, with account currencies in USD, GBP, EUR, CHF, and JPY. Web and mobile trading are supported for flexible access. xChief operates under regulation in Mwali and Australia. The combination of mainstream MetaTrader tooling and straightforward account parameters supports both discretionary and algorithmic workflows within a familiar trading environment.

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Regulation & Security

xChief Ltd (Registration number HY00923433) is licensed by the Mwali International Services Authority (License number T2023379) as an International Brokerage and Clearing House under the International Companies Act 2006, with a registered office at 1257 Bonovo Road, Fomboni, Comoros. The broker is also regulated by ASIC in Australia. The firm segregates client funds from its own operating capital and implements protections against technical faults.

Account and Setup

Accounts can be opened with a minimum deposit of $10 and support demo trading. Available base currencies include USD, GBP, EUR, CHF, and JPY. Trading is offered on an STP/NDD model with variable spreads, minimum trade size of 0.01 lots, and a maximum of 100 lots per position. Hedging and scalping are allowed. Web and mobile access are available.

Funding Options

Funding methods include debit card, PayPal, WebMoney, Neteller, Skrill, Qiwi, and Bitcoin. Deposits are fee-free except for certain electronic payment methods that may incur charges; third‑party bank or exchange fees can apply. Withdrawals are returned to the original payment method, with no withdrawal fees from the broker. Processing times vary by method, and identity verification may be required for cards and bank transfers.

Bot & API Compatibility

MT4 and MT5 support expert advisors, enabling automated strategies via MQL4 and MQL5. MT5 also provides enhanced order management and copy trading support. The broker does not offer a proprietary API.

Trading Conditions& Restrictions

Leverage is available up to 1:1000. Instruments include indices, energies, CFDs, cryptocurrencies, precious metals, and share CFDs; five currency pairs are offered. Variable spreads apply. Hedging and scalping are permitted, with trade sizes from 0.01 to 100 lots. OCO orders are not supported. Swap-free accounts are not available. Trading runs 24/5, with specific hours varying by instrument. Accounts from the United States and Canada are restricted.

Regulation & Security

xChief Ltd (Registration number HY00923433) is licensed by the Mwali International Services Authority (License number T2023379) as an International Brokerage and Clearing House under the International Companies Act 2006, with a registered office at 1257 Bonovo Road, Fomboni, Comoros. The broker is also regulated by ASIC in Australia. The firm segregates client funds from its own operating capital and implements protections against technical faults.

Account and Setup

Accounts can be opened with a minimum deposit of $10 and support demo trading. Available base currencies include USD, GBP, EUR, CHF, and JPY. Trading is offered on an STP/NDD model with variable spreads, minimum trade size of 0.01 lots, and a maximum of 100 lots per position. Hedging and scalping are allowed. Web and mobile access are available.

Funding Options

Funding methods include debit card, PayPal, WebMoney, Neteller, Skrill, Qiwi, and Bitcoin. Deposits are fee-free except for certain electronic payment methods that may incur charges; third‑party bank or exchange fees can apply. Withdrawals are returned to the original payment method, with no withdrawal fees from the broker. Processing times vary by method, and identity verification may be required for cards and bank transfers.

Bot & API Compatibility

MT4 and MT5 support expert advisors, enabling automated strategies via MQL4 and MQL5. MT5 also provides enhanced order management and copy trading support. The broker does not offer a proprietary API.

Trading Conditions& Restrictions

Leverage is available up to 1:1000. Instruments include indices, energies, CFDs, cryptocurrencies, precious metals, and share CFDs; five currency pairs are offered. Variable spreads apply. Hedging and scalping are permitted, with trade sizes from 0.01 to 100 lots. OCO orders are not supported. Swap-free accounts are not available. Trading runs 24/5, with specific hours varying by instrument. Accounts from the United States and Canada are restricted.

xChief Reviews

( 144 )

xChief Reviews

( 144 )
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