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Broker profile Recommended

xchief

xchief

Score 94

Snapshot

Broker details

Overview

Company

xchief

Year opened

2014

Head office

Vanuatu

Accounts

Demo account

No

Copy trading

No

Account currency

USD,EUR,GBP

Accepts Islamic

Yes

Accepts US

No

Money management

No

Cashback & Rebate

Cashback

4.25 $ (Per Lot)

Rebate

No

Trading conditions

Minimum deposit

$10.00

Max leverage

1:1000

Execution type

Market Execution

Spread

From 0 pips to 0.9 pips

Hedging

Yes

Min trade size

0.01

Platforms

Platforms

MT4, MT5

Mobile app

No

Overview

A broker that you can work with, but not as a superhero. It's good for small investments, and I think it’s suitable for up to $10,000. In the test we did (withdrawal with Tether), they processed the withdrawal within two hours, and they charged a $3 network fee, which is relatively high, so that's a negative point. However, the two-hour payout is good, and they value time. Although they may not be very big, they are generally low-profile, and there hasn't been much criticism of them in the Forex Peace Army, and they have a good ranking. Despite not having a strong regulation, they don’t have any major negative points. Their website design is user-friendly