Forex risk disclaimer:
Trading forex and CFDs carries a high level of risk!

xChief Review 2025
Country:
Seychelles
Year: 2021
Leverage: Up to 1:500
Deposit: From 100 USD
Spread: Medium
Broker type: STP, ECN
Offices: Seychelles
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), xChief mobile application
Instruments: Forex, Indices, Commodities, Shares, Cryptocurrencies, Precious Metals
Payment Methods:
General Overview
General Overview
xChief is an online broker that lets people trade forex, metals, indices, commodities, and cryptocurrencies. It uses the popular MetaTrader 4 and 5 platforms and also supports automated trading with robots (EAs). The broker offers different account types, including Cent accounts for beginners, ECN accounts with tight spreads, and swap-free Islamic accounts. Many traders like its low fees, fast withdrawals, and trading flexibility. However, xChief is regulated offshore in Comoros, which gives weaker protection compared to big regulators in Europe or the UK. Reviews are mixed — some traders report smooth service, while others complain about delays, slippage, or strict bonus rules.
Who is xChief For?
xChief is a good choice for traders who want low costs and flexible trading. It works well for beginners who want to practice with small amounts using Cent accounts, and for traders who use robots or automated systems on MetaTrader. Swing traders or casual traders may also benefit from its low spreads and range of markets. On the other hand, it may not be the best option for people who want strong safety from top regulators, or for very active scalpers who need perfect execution speed.
Pros
- Low spreads and trading costs.
- Supports automated trading and VPS.
- Copy trading and PAMM accounts offered.
Cons
- Some users report withdrawal delays.
- Occasional slippage and execution issues.
- Mixed customer support experiences.
- Platform stability issues reported by some traders.
Trust and Safety
Trust and Safety
Regulations: Financial Services Authority (FSA) Seychelles
A core objective for xChief is establishing a trustworthy, secure foundation for online trading. This focus is maintained through strict encryption protocols, compliance with recognized regulatory standards, and systematic checks ensuring the safety of both user funds and personal information. Multiple risk management solutions, external auditing, and routine conformity reviews further attest to xChief’s pledge to maintain robust infrastructure protection.
By partnering with esteemed supervisory entities and adhering to precise operating protocols, xChief bolsters confidence among its user base. Such safeguards incorporate candid disclosure of how the firm functions, separate maintenance of client funds, and rigorous KYC (Know Your Customer) and AML (Anti-Money Laundering) verifications. Collectively, these defenses minimize fraudulent activities and confirm that client transactions occur in a well-secured, lawful framework.
Additionally, xChief invests in informing its user community about prospective security threats, spanning recommendations for robust passwords, identifying fraudulent solicitations, and enabling two-factor authentication where applicable. By consolidating corporate-level security architectures with user diligence, xChief aspires to establish an environment where the company and its clients share responsibility for fostering a safeguarded trading ecosystem.
Is xChief Regulated?
Yes. xChief operates under regulations enacted by prominent financial authorities, necessitating adherence to stringent compliance standards. Examples include maintaining minimum capital reserves, supplying transparent financial statements, and abiding by consumer protection mandates. Such oversight encourages accountability and offers security for traders and investors. Prospective or existing users should verify which regulatory bodies govern xChief in their geographical area, as specifics may differ regionally. Even so, alignment with well-recognized regulatory agencies underscores xChief’s commitment to authenticity and ethical standards in the marketplace.
Is xChief safe?
xChief’s emphasis on safety arises from a multi-tiered security plan encompassing data encryption, comprehensive identity confirmation, and perpetual monitoring of trading activities. High-grade encryption methods protect private user data. Robust KYC and AML procedures help deter infiltration by unauthorized actors, ensuring that only valid participants have access to the platform. Additionally, xChief integrates risk control features—such as stop-loss configurations and, depending on account tier, negative balance protection—to help minimize potential losses. Viewed holistically, these measures supply a secure environment tailored to shield both transactional processes and user privacy.
Trading Platforms
Trading Platforms
MetaTrader 4 (MT4) | MetaTrader 5 (MT5) | xChief mobile application
Visit PlatformsxChief is an online broker that provides access to a wide range of financial markets, including forex, cryptocurrencies, commodities, indices, and stock CFDs. It offers multiple account types suitable for beginners and experienced traders alike. One of the key strengths of xChief is its support for popular and reliable trading platforms, giving users flexibility in how they trade. These platforms cater to desktop, mobile, and web users, and they also support automated trading for expert advisors (EAs).
MetaTrader 4 (MT4)
MetaTrader 4 is one of the most widely used trading platforms in the world. It is available for desktop (Windows/Mac), mobile devices (iOS and Android), and as a web terminal accessible via a browser. MT4 offers advanced charting tools, technical indicators, and supports automated trading with EAs. Its user-friendly interface makes it suitable for both beginners and experienced traders.
MetaTrader 5 (MT5)
MetaTrader 5 is the newer version of the MT4 platform, offering additional features and more advanced tools. Like MT4, it is available on desktop, mobile, and web. MT5 supports more order types, more timeframes, and additional technical indicators. It also allows trading in a wider range of instruments, including stocks and commodities, making it suitable for traders who want more options and flexibility.
xChief Mobile App
The xChief mobile app is designed for account management and trading on the go. It allows users to deposit and withdraw funds, manage accounts, access promotions, and monitor trades. While it does not have all the advanced charting features of MT4/MT5, it is convenient for quick trading decisions and account management from a smartphone or tablet.
WebTerminal (MT4 & MT5)
The WebTerminal versions of MT4 and MT5 let traders access their accounts directly from a web browser, without downloading desktop software. This is useful for traders who need flexibility or want to trade from multiple devices. WebTerminal provides most of the key features of the desktop versions, including charting, technical indicators, and order execution, although some advanced functionalities may be limited.
Tradable Instruments
Tradable Instruments
Instruments: Forex, Indices, Commodities, Shares, Cryptocurrencies, Precious Metals
A standout advantage of xChief is its substantial repertoire of tradable instruments, appealing to all types of market participants, from conservative investors to those desiring more volatile opportunities. Propelled by appealing spreads, thoughtfully crafted platforms, and comprehensive analytics, xChief fits a broad range of approaches—from short-term scalping to extended, strategy-rich pursuits.
Forex
On the foreign exchange front, xChief grants trading access to major currency pairs like EUR/USD, alongside minor and exotic pairs for those wanting less conventional possibilities. Streamlined execution, up-to-the-minute quotes, and advanced charting define the forex environment at xChief. Whether users engage in hedging, arbitrage, or typical directional trades, they’ll find specialized order types that cater to their chosen methodologies.
Stocks
Regarding stocks, xChief connects traders to dominant global companies in arenas like technology, consumer staples, finance, and more. Flexible lot sizes and potential leverage expansions help novices and advanced investors seek out their favored tactics—whether that involves fundamental valuation or shorter-term speculation. The platform’s built-in fundamental data sections, such as earnings updates and growth rates, help traders integrate fundamental perspectives with chart-based or technical analysis.
Indices
Indices represent a collective snapshot of specific markets or economic sectors. xChief’s array of CFD products tied to indices such as the NASDAQ 100, S&P 500, and DAX 40 give traders avenues to predict broader macro movements or hedge current equity positions. Rather than zeroing in on individual stocks, users can exploit overarching economic signals or concentrate on major performance drivers in regional or industry-based contexts.
Commodities
In terms of commodities, xChief provides avenues for metals (gold, silver), energy (crude oil), and some agriculture-related items (including wheat). Commodities often operate as stabilizing agents in an investor’s overall strategy, offsetting fluctuations in equity or bond markets. Real-time feedback on supply and demand conditions, coupled with political events or environmental factors, guides traders in anticipating commodity price trajectories.
Cryptocurrencies
Responding to the expanding relevance of digital assets, xChief also supports trades in leading cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The broker’s infrastructure involves direct price feeds, dynamic charting, and flexible position sizing, making the platform accessible to both short-term speculators and individuals with longer-term objectives. Though highly volatile, crypto markets present opportunities for those equipped with quick decision-making and robust risk management capabilities.
Account Types
Account Types
xChief offers a range of account types designed to cater to various trading strategies and experience levels. Whether you're a beginner looking to practice with minimal risk or an experienced trader seeking tight spreads and advanced features, xChief provides options to suit your needs. Below is a detailed description of each account type:
xChief Cent Account
The Cent account is ideal for beginners transitioning from demo to live trading. It allows you to trade with real money in smaller increments, minimizing risk while gaining practical experience.
- Minimum Deposit: $10 (or equivalent)
- Execution Mode: Market Execution
- Spread: From 0.9 pips
- Commission: None
- Maximum Leverage: 1:500
- Available Platforms: MetaTrader 4, MetaTrader 5, Mobile Trading
- Swap-Free: Not available
- Suitable For: Beginners and those testing strategies with minimal risk
xChief Classic+ Account
The Classic+ account offers floating spreads without commissions, making it a balanced choice for traders seeking straightforward trading conditions.
- Minimum Deposit: $50 (or equivalent)
- Execution Mode: Market Execution
- Spread: From 0.6 pips
- Commission: None
- Maximum Leverage: 1:1000
- Available Platforms: MetaTrader 4, MetaTrader 5, Mobile Trading
- Swap-Free: Available on MetaTrader 5
- Suitable For: Traders preferring floating spreads without additional costs
DirectFX Account
The DirectFX account is tailored for traders who prefer tight spreads and are comfortable with a small commission per trade, offering a more direct market access experience.
- Minimum Deposit: $50 (or equivalent)
- Execution Mode: Market Execution
- Spread: From 0.3 pips
- Commission: $2.5 per lot
- Maximum Leverage: 1:1000
- Available Platforms: MetaTrader 4, MetaTrader 5, Mobile Trading
- Swap-Free: Available on MetaTrader 5
- Suitable For: Traders seeking tight spreads and direct market access
xPRIME Account
The xPRIME account is designed for professional traders requiring advanced features and the lowest possible spreads, with a higher minimum deposit to access these benefits.
- Minimum Deposit: $2000 (or equivalent)
- Execution Mode: Market Execution
- Spread: From 0 pips
- Commission: $3 per lot
- Maximum Leverage: 1:1000
- Available Platforms: MetaTrader 4, MetaTrader 5, Mobile Trading
- Swap-Free: Available on MetaTrader 5
- Suitable For: Professional traders requiring advanced features and the lowest spreads
Deposits and Withdrawals
Deposits and Withdrawals
xChief’s deposit and withdrawals policies are designed with clarity and reliability in mind, catering to a worldwide audience. The platform supports various transaction methods—from time-tested bank transfers to modern e-wallet mechanisms—each with different timelines and fees. All fund movements are encrypted and subject to xChief’s KYC/AML regulations, thwarting the possibility of illicit actions. This blend of convenience and regulatory thoroughness fosters a secure, user-friendly path for funding and retrieving capital.
Furthermore, xChief maintains an easy-to-follow dashboard that reflects balances, outstanding withdrawal orders, and average turnaround windows. Automatic email or SMS notifications can also be enabled, alerting traders promptly as deposits post or withdrawal requests reach completion.
xChief Deposit Options and Fees
xChief aims to accommodate the spectrum of user inclinations by facilitating several deposit methods, such as:
- Bank Wire Transfer: Suitable for larger transfers but often slower to complete, sometimes involving additional banking or international fees.
- Credit/Debit Cards: Highly regarded for quick processing, though certain card networks may apply small surcharges or categorize the transfer differently.
- E-Wallets: Services like PayPal, Neteller, and Skrill offer near-instant fund availability, though small usage fees may be applicable.
- Cryptocurrency: In specific regions, xChief supports deposits via Bitcoin, Ethereum, or other token types, subject to respective blockchain fees.
Often, xChief does not impose direct deposit fees of its own, but associated third-party costs can still arise. Real-time deposit status updates expedite decision-making, letting traders seize market opportunities without delay once their balances reflect the incoming funds.
xChief Withdrawals Options and Fees
Withdrawal procedures generally mirror deposit options, with xChief commonly directing payouts back to the initial funding source if feasible. The table below summarizes the withdrawal methods:
Occasional verification steps, mandated by compliance rules, can increase the length of the withdrawal cycle, but these controls help preserve overall security. Consulting xChief’s standardized fee listings and verifying local constraints allow traders to navigate the process smoothly and avoid unwelcome deductions.
Visa
Mastercard
Skrill
Bitcoin
Ethereum
Fees and Commissions
Fees and Commissions
xChief enforces a competitively structured, transparent fee system aimed at optimizing costs for its broad clientele. Typically, these fees divide into two principal categories: trading fees (often entailing commissions and spreads) and non-trading fees (relating to account inactivity, deposit/withdrawal processing, or currency exchange). By clarifying its fee model, xChief empowers traders to choose the account frameworks and instruments that match their financial objectives. This straightforward approach spares users from opaque or convoluted pricing, letting them concentrate on refining strategies and managing trades effectively.
Furthermore, the broker’s informational channels often supply calculators or elaborated fee details, guiding prospective traders to approximate their expenses before entering positions. Through such proactive clarity, xChief cultivates trust among both novice entrants and experienced professionals.
xChief Trading Fees
xChief generally organizes trading costs around spread-based setups, commission-based setups, or hybrid variations. Some account levels advertise zero commissions but widen spreads slightly, whereas other tiers feature a moderate commission offset by narrower spreads. Highly active or large-volume traders might secure better-than-standard rates. Deciding which plan is most economically feasible hinges on multiple factors, including trade frequency, typical order sizes, and the chosen market products.
From time to time, xChief may offer promotional periods involving reduced commissions or spreads on selected assets, letting users experiment with diverse sectors at a lower cost threshold. These promotions appear openly on xChief’s site and receive alerts in user dashboards, maintaining transparency around possible fee savings.
xChief Spreads
Spreads at xChief can be either fixed or variable, subject to the account category and real-time liquidity conditions. Major forex pairs typically present tighter spreads, reflecting heightened liquidity, while more esoteric pairs or lesser-traded commodities tend to exhibit broader spreads. During phases of substantial volatility, variable spreads can move significantly, underscoring the importance of risk management. By forging ties with established liquidity sources, xChief strives to retain spreads at competitive levels—an aspect especially beneficial for cost-sensitive traders.
Additionally, xChief periodically discloses average spread statistics for set timeframes, offering traders a retrospective vantage point on spread fluctuations under shifting market situations. Scalpers and intraday traders find this particularly helpful, as their profit models often revolve around precise timing and modest overhead.
xChief Non-Trading Fees
Non-trading fees, although less immediate, can affect the total expense of using a trading platform. Some common examples include:
- Inactivity Fee: Levied once an account remains dormant for a predetermined timeframe, covering administrative oversight of such accounts.
- Currency Conversion Fee: Imposed if the currencies used in deposits, transactions, or withdrawals diverge from the account’s default currency.
- Withdrawal Fees: While certain withdrawal channels yield minimal or zero costs, some bank or wire services may carry higher external processing charges.
- Overnight Swap: Interest or credit adjustments applied when positions stay open after daily market closing, influenced by underlying interest rate variances.
By clarifying these potential fees, xChief allows traders to plan finances effectively and reduce unforeseen burdens. Reviewing official fee schedules or contacting the support desk is recommended for precise, current information.
Bonuses and Promotions
Bonuses and Promotions
xChief periodically presents incentives—such as deposit bonuses, loyalty privileges, or other promotional events—to attract and retain active traders. However, each incentive typically carries specific guidelines (for instance, minimum trade volumes or certain withdrawal restrictions). Reviewing these terms beforehand helps traders deploy such promotions to their advantage and avoid unexpected complications.
Welcome Bonus
Frequently applied to a new user’s initial deposit, the Welcome Bonus offers supplementary funds for investigating xChief’s available instruments. Although it enables a larger starting resource pool, requirements like turnover benchmarks or holding durations typically must be fulfilled to withdraw the bonus capital. This approach motivates users to try a variety of markets and features, with some promotions offering incremental percentages correlating to deposit amounts.
Loyalty Program
Under xChief’s loyalty scheme, consistent traders accumulate credits or points as they maintain regular activity. These points may translate into perks, including discounted spreads, specialized trading analyses, or entry to premium-level events. Gradual progression toward higher loyalty tiers can unlock proportionately more significant privileges, cementing a sense of continued value and engagement in the xChief trading ecosystem.
Referral Bonus
With its Referral Bonus program, xChief rewards clients who invite friends or colleagues to the platform. Once the newly introduced traders complete registration, fund their accounts, and begin trading, both parties can benefit from trading credits or direct monetary incentives. This peer-driven expansion model promotes an active user community and compensates brand loyalty. In certain cases, additional rewards or elevated bonuses may be granted if the referred participants achieve predefined trading milestones or deposit thresholds.
Education
Education
In addition to fulfilling the role of a broker, xChief devotes substantial attention to empowering traders with learning opportunities. Beginners can explore video tutorials, simple how-to guides, and collections of financial terms to become acquainted with trading basics. Intermediate market participants often appreciate webinars that delve into technical and fundamental analysis, strategy building, and risk containment. Meanwhile, veteran traders have access to advanced classes focusing on algorithmic trading models and broader portfolio diversification.
A dedicated learning section on xChief’s website usually organizes these lessons coherently, allowing visitors to expand their knowledge at a pace suited to their comfort. Moreover, a demo account simulation option replicates real-world market dynamics without the financial exposure, furnishing newcomers and curious users an ideal platform for testing new approaches or refining old ones. By emphasizing learning and growth, xChief hopes to build a knowledgeable clientele capable of making well-grounded choices. This educational priority not only benefits the users but also contributes to a safer, more resilient trading environment overall.
Furthermore, xChief sometimes stages real-time Q&A sessions, granting participants a chance to engage directly with seasoned market analysts or technical professionals. These interactive forums tackle areas ranging from chart analysis to overarching macroeconomic viewpoints, giving traders tangible insights they can put to use. By highlighting continuous education, xChief seeks to nurture a trading community that is alert, adaptable, and well-prepared to cope with the constantly shifting realities of the financial landscape.
Allowed Countries
Allowed Countries
xChief’s services aim to reach numerous regions worldwide, although certain legal or regulatory limitations may render the platform inaccessible in specific jurisdictions. Because those regulations can shift quickly, xChief updates its list of eligible countries routinely. Individuals wanting to register should confirm local accessibility by consulting the broker’s guidelines or contacting support. Once eligibility is affirmed, the account creation process typically unfolds quickly, requiring digital verification steps and documentation submission.
Where it is lawfully authorized, xChief welcomes users from all backgrounds, reflecting a goal of being a thoroughly international broker. The site’s multi-language support for sign-up forms, verification materials, and customer assistance reduces linguistic barriers that might inhibit potential traders.
Excluded Countries
United States
North Korea
Syrian Arab Republic
Iran
Customer Support
Customer Support
xChief provides multiple ways for traders to get assistance, making it easy to reach their team whenever needed. Users can contact support by phone during local office hours in Singapore and Nigeria, or use the 24/7 live chat directly on the website for instant help. Support is also available via email for general inquiries, marketing, or partnership questions. Additionally, xChief connects with clients through popular messaging apps like Telegram, WhatsApp, Viber, Facebook Messenger, and Instagram Direct, giving traders flexibility to choose the communication method that suits them best.
Phone Support
- Singapore: +65 3159 3652
- Nigeria (Ibadan): +234 802 625 4508 / +234 907 620 9152
- Nigeria (Abuja): +234 907 620 9152
These numbers are available during local office hours:
- Singapore: Monday–Friday, 10:00–18:00 (UTC+8)
- Nigeria: Monday–Friday, 08:00–17:00 (UTC+1)
Live Chat
Available 24/7 on the xChief website. This feature allows for immediate assistance directly through your browser.
Email Support
- General Inquiries: [email protected]
- Marketing: [email protected]
- Partnerships: [email protected]
Messaging Apps
xChief offers support via popular messaging platforms:
- Telegram: https://t.me/ForexChief_bot
- WhatsApp: Available upon request
- Viber: Available upon request
- Facebook Messenger: Available upon request
Instagram Direct: Available upon request
These channels provide flexibility for users to choose their preferred method of communication.
Broker Name: xChief
Broker Type: STP, ECN
Country: Seychelles
Operating since year: 2021
Regulations: Financial Services Authority (FSA) Seychelles
Phone: +65 31593652
Email: [email protected]
Address: 1st Floor, CNM Building, Port Vila, Vanuatu
Broker status: Active
FAQs
FAQs
Is xChief a regulated broker?
Yes, xChief is regulated by the Vanuatu Financial Services Commission (VFSC) under registration number HY00923433.
What account types does xChief offer?
xChief provides several account types, including Cent, Classic+, DirectFX, and xPRIME accounts.
How do I open a trading account with xChief?
To open an account, visit the xChief website, complete the registration form, verify your identity, and fund your account.
What are xChief available trading platforms ?
xChief offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and mobile platforms for trading.
Leave your thoughts