xChief Review
CONTENT
xChief is a reputable Forex broker recognized for its competitive trading conditions and accessibility for both new and experienced traders. The broker offers low spreads, fast trade execution, and flexible account options tailored to different strategies. With reliable customer support and a growing global presence, xChief continues to earn the trust of traders.
 | Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
| Broker | xChief |
| Previously | ForexChief |
| Minimum Deposit | 10 USD (for standard/ cent account) |
| Fund Withdrawal Fee | None (but some withdrawal methods may incur network or third-party fees) |
| Spreads from | 0 pips/“from 0” (on certain account types) |
| Commissions | Varies by account type (some accounts commission-free, others charge per volume) |
| Swap Fees | Applicable (except for swap-free / Islamic account options) |
| Leverage | Up to 1:1000 |
| Margin Requirements | Varies by account type and instrument |
| Bonus Offers | No-Deposit Bonus $100, Welcome Bonus up to $500, trading credits and promotions |
| Affiliate Program | Yes |
| IB Program | Yes |
| Rebate Program | Yes |
| Regulation | 🇰🇲 Mwali International Services Authority (MISA), Comoros |
| Open an Account |  |
Overview
xChief has built a strong reputation over more than a decade, serving over 1,000,000 traders worldwide with reliable platforms, secure conditions, and tailored account options. With consistent recognition at global expos and a focus on education, xChief stands out as a dependable and competitive brokerage.
Frequently Asked Questions
Is xChief a regulated Forex broker?
Yes, xChief operates under the 🇰🇲 Mwali International Services Authority (MISA) in Comoros. This regulatory oversight provides traders with a level of assurance regarding compliance, transparency, and financial safety, which are critical factors when choosing a broker for long-term trading success.
What makes xChief attractive to traders?
Traders choose xChief because of its low minimum deposit, competitive spreads, diverse bonuses, and multiple account types. Additionally, the broker has invested in technology and development, offers strong customer support, and actively participates in global expos, reflecting its credibility and trader-first approach.
Our Insights
xChief proves to be a reliable and forward-looking Forex broker with strong global recognition. With over 1,000,000 traders, a decade of proven experience, and competitive conditions, the broker continues to deliver secure, accessible, and rewarding trading opportunities to both new and experienced clients.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Fees, Spreads, and Commissions
Traders often praise xChief for its tight spreads and transparent commission structure across account types. The pricing model clearly differentiates accounts by cost and trading volume, which lets users choose based on their strategy and budget.
| Account Tier | Spread From | Commission (per side) | Commission-free Tier |
| CENT | 0.9 pips | None | Yes |
| Classic+ | 0.6 pips | None | Yes |
| DirectFX | 0.3 pips | $2.5 €2.5 £2.5 | None |
| xPRIME | 0 pips | $3 €3 £3 ₣3 ¥500 | None |
Final pricing depends on instrument and volume; check terms for each.
Frequently Asked Questions
How low can spreads go at xChief?
Spreads start at 0.9 pips on lower-tier accounts and drop to 0 pips on the xPRIME account. Mid-level accounts enjoy spreads from 0.6 or 0.3 pips, depending on the product and volume.
Are commissions applied to all trades?
Commissions are charged only on higher-end accounts (DirectFX, xPRIME). The CENT and Classic+ accounts operate commission-free for Forex and Metals; higher tiers incur $2.5–$3 (or equivalent) per lot on each side.
Our Insights
xChief offers a flexible pricing ladder that rewards higher volumes and larger deposits. Traders willing to scale up see cost efficiencies, while beginners can start commission-free under simpler terms.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Minimum Deposit and Account Types
xChief structures its accounts to match trader experience and capital. With deposit levels ranging from zero to $2000, clients can gradually scale into more advanced accounts offering broader instrument access and tighter trading conditions.
| Account | Min Deposit | Max Leverage | Instruments Offered |
| CENT | No minimum | 1:500 | Forex Metals |
| Classic+ | 10 USD | 1:1000 | Forex Metals Commodities Indices Crypto |
| DirectFX | 50 USD | 1:1000 | Same as Classic+ |
| xPRIME | 2000 USD | 1:1000 | Forex Metals Commodities Indices Stocks Crypto |
Frequently Asked Questions
Do I need to deposit money to open an account?
You can start with the CENT account with no minimum deposit. If you want to access full account features or instruments, you must upgrade by funding $10, $50, or $2000, depending on the account tier.
Which account type suits professionals?
The xPRIME account gives the most features: the widest instrument selection, zero spreads, the highest leverage, no max orders, and trading across Forex, metals, indices, stocks, and crypto.
Our Insights
xChief presents a clear ladder of account types, allowing traders to begin small and advance as their experience and capital grow. This structure supports both novices and seasoned investors.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
How to Open a xChief Account
Opening a xChief account is fast and mostly online. You can register for a demo or a live account, verify identity using Instant Verification, then fund your wallet to start trading on MetaTrader or the xChief mobile app.
1. Step 1: Visit the xChief registration page
Visit the xChief site and click ‘Register‘ or ‘Open Demo‘ to start your application.
2. Step 2: Complete the online form
Enter your personal details, country, phone number, email, create a secure password, and choose an account type.
3. Step 3: Confirm your email
Open the verification email from xChief and click the activation link to access your client area.
4. Step 4: Submit KYC documents
Upgrade to a live account and upload a government ID and proof of residence; xChief offers Instant Verification for rapid approval.
5. Step 5: Fund your account and choose a platform
Go to Deposit or Money Management, select a payment method such as card, bank transfer, e-wallet, or crypto, fund your account, then pick MT4, MT5, or the mobile app to start trading.
Registration is quick, although KYC review times may vary by region and document clarity.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Safety and Security
xChief operates under the 🇰🇲 Mwali International Services Authority (MISA), offering international brokerage and clearing services. This regulation ensures a basic level of fund protection, compliance with operational standards, and a secure trading environment for global clients seeking offshore trading opportunities.
| Broker | Regulatory Body | License Number | Registration Type |
| xChief | 🇰🇲 Mwali International Services Authority (MISA) | T2023379 | International Brokerage and Clearing Company |
Frequently Asked Questions
Is xChief regulated by a major financial authority?
xChief is regulated by the 🇰🇲 Mwali International Services Authority (MISA) in Comoros. While it provides legal oversight and fund security, it is considered an offshore regulator and not equivalent to top-tier regulators like FCA or ASIC.
What does the MISA license mean for traders?
The MISA license confirms that xChief is registered as an international brokerage and clearing company. This ensures formal compliance with local laws and operational transparency, giving traders a basic safeguard for their deposits.
Our Insights
xChief’s regulation by the 🇰🇲 Mwali International Services Authority (MISA) adds credibility and ensures operational compliance. However, traders should consider the limitations of offshore licensing when comparing risk and oversight to major tier-one regulatory authorities.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Trading Platforms and Tools
xChief equips traders with professional-grade platforms including MetaTrader 4 and MetaTrader 5, plus iOS and Android mobile apps. Integrated tools, automated trading capabilities, VPS support, and social trading features allow both beginners and experienced traders to operate efficiently in global markets.
| Platform | Device | Key Features | Automation Support |
| MetaTrader 4 | Desktop | Technical indicators, trading signals, custom scripts | MQL4 robots and advisors |
| MetaTrader 4 | iOS Android | Mobile trading, 12 languages, real-time news | MQL4 robots supported |
| MetaTrader 5 | Desktop | Multi-market access, 21 timeframes, pending orders, social trading | MQL5 Cloud Network, strategy tester |
| MetaTrader 5 | iOS Android | Mobile analysis, offline capabilities, push notifications | Full automation support |
Frequently Asked Questions
Which trading platforms does xChief offer?
xChief provides MetaTrader 4 and MetaTrader 5 across desktop and mobile (iOS and Android). Both platforms support automated trading, technical analysis, multiple timeframes, and social trading, ensuring flexible solutions for all trading styles.
Does xChief support trading automation?
Yes. Traders can use VPS servers for robots, develop custom indicators and trading algorithms with MQL4 or MQL5, and utilize MetaTrader signal copying features to replicate strategies of successful traders.
Our Insights
xChief’s trading technology combines reliability, automation, and mobility. With desktop and mobile MetaTrader platforms, VPS access, and social trading systems, clients gain advanced tools for analysis, execution, and strategy management, enhancing the overall trading experience.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Markets Available for Trade
xChief offers a diverse range of over 150 trading instruments, including forex, metals, commodities, indices, stocks, and cryptocurrencies. Traders can access these markets through the widely used MetaTrader 4 and MetaTrader 5 platforms, ensuring a comprehensive trading experience across various asset classes.
| Asset Class | Instruments Offered | Platforms Supported | Account Types Available |
| Forex | 70+ pairs | MT4 MT5 | All |
| Metals | Gold Silver | MT4 MT5 | All |
| Commodities | Oil Gas | MT4 MT5 | All |
| Indices | Global indices | MT4 MT5 | All |
| Stocks | Global equities | MT4 MT5 | All |
| Cryptocurrencies | Bitcoin Ethereum | MT4 MT5 | All |
Frequently Asked Questions
What markets can I trade with xChief?
xChief provides access to a broad spectrum of markets, including over 150 instruments such as forex, metals, commodities, indices, stocks, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore different trading opportunities.
Which trading platforms does xChief support?
xChief supports both MetaTrader 4 and MetaTrader 5 platforms. These platforms are available on desktop and mobile devices, offering traders flexibility and advanced tools for technical analysis and automated trading.
Our Insights
xChief delivers a robust selection of over 150 trading instruments across multiple asset classes. With support for MetaTrader 4 and MetaTrader 5 platforms, traders have access to advanced tools and flexibility, making it a solid choice for those seeking diverse trading opportunities.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Deposits and Withdrawals
xChief offers a variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets, and local payment options. The broker supports multiple currencies such as USD, EUR, and cryptocurrencies, providing traders with flexibility in managing their funds.
| Method | Processing Time | Fees Charged by xChief | Supported Currencies |
| Bank Transfers | 2-5 business days | None | USD EUR GBP Crypto |
| Credit/Debit Cards | Instant | None | USD EUR GBP |
| E-Wallets | Instant | None | USD EUR GBP Crypto |
| Local Payment Methods | Varies | None | USD EUR Local Currencies |
Frequently Asked Questions
What deposit methods are available with xChief?
xChief supports various deposit methods, including bank transfers, credit/debit cards, e-wallets, and local payment options. This range of choices allows traders to select the most convenient and cost-effective method for funding their accounts.
Are there any fees associated with deposits or withdrawals?
xChief does not charge deposit or withdrawal fees. However, traders should be aware that payment providers may impose their own charges, which can vary depending on the method and region.
Our Insights
xChief provides a comprehensive suite of deposit and withdrawal options, catering to the diverse needs of traders. With support for multiple currencies and no fees charged by the broker, it offers a convenient and cost-effective solution for managing trading funds.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
xChief Welcome Bonus
xChief offers a 100% Welcome Bonus up to $500, automatically credited on your first deposit. This bonus provides traders with additional capital to implement strategies, including scalping and automated trading. Profits from the bonus can be withdrawn freely, though the bonus itself requires completing the specified trading turnover.
| Feature | Details | Account Eligibility | Conditions |
| Bonus Amount | 100% of initial deposit, up to $500 | Classic+, DirectFX, xPRIME | Minimum deposit $50 |
| Automatic Credit | Yes, on first deposit | All eligible accounts | Must select “Credit Welcome Bonus” |
| Profit Withdrawal | Allowed anytime | All eligible accounts | No limits |
| Bonus Withdrawal | After required turnover | All eligible accounts | Turnover = Bonus * 50,000 |
Frequently Asked Questions
How can I claim the xChief Welcome Bonus?
To claim the bonus, register a Classic+, DirectFX, or xPRIME account and make an initial deposit of at least $50. During deposit, select “Credit Welcome Bonus.” The bonus is credited automatically, and you can start trading immediately while meeting the turnover requirement to withdraw it.
When can I withdraw the Welcome Bonus and profits?
Profits generated from the bonus can be withdrawn at any time without restrictions. The bonus itself becomes withdrawable only after achieving the required trading turnover, calculated as the Welcome Bonus in USD multiplied by 50,000. Bonus cancellation occurs if equity falls to or below the credit value.
Our Insights
xChief’s Welcome Bonus provides a practical boost for new traders, offering up to $500 additional funds and flexible profit withdrawal. While it encourages active trading to meet turnover requirements, the automatic credit and compatibility with all trading strategies make it an appealing incentive.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
100 USD No-Deposit Bonus
xChief credits new traders with a $100 No-Deposit Bonus upon account verification, allowing them to trade without using their own funds. This bonus supports strategy testing and the use of trading robots, providing a risk-free opportunity while requiring a specified turnover before withdrawal.
| Feature | Details | Account Eligibility | Conditions |
| Bonus Amount | 100 USD free bonus | MT4.DirectFX, MT4.Classic+ | Verification required via mobile app |
| Automatic Credit | Yes | Eligible accounts | Credited after verification |
| Profit Withdrawal | Subject to turnover | Eligible accounts | Required: 30 lots on specific pairs |
| Validity | 30 days | All eligible accounts | Bonus canceled if turnover not completed |
Frequently Asked Questions
How do I claim the $100 No-Deposit Bonus at xChief?
To claim, register for an MT4.DirectFX or MT4.Classic+ account, complete the verification procedure, and install the xChief mobile app. The bonus is automatically credited after verification, enabling traders to start practicing strategies immediately.
When can I withdraw the No-Deposit Bonus?
The $100 bonus becomes withdrawable after completing a required trading turnover of 30 lots on eligible instruments. Profits exceeding the bonus are not fully withdrawable until turnover conditions are met, and the bonus expires after 30 days if turnover is incomplete.
Our Insights
xChief’s $100 No-Deposit Bonus provides a risk-free opportunity to test strategies and explore the trading environment. While withdrawal requires completing a defined turnover, the automatic credit and full strategy flexibility make this bonus an appealing way to start trading.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
xChief Partner Program
xChief offers a comprehensive Affiliate and Introducing Broker (IB) program, enabling partners to earn up to $15 per lot. With tiered commissions, CPA and CPL bonuses, multi-layer rebates, and dedicated manager support, this program provides a stable income opportunity for individuals, websites, training centers, and trading communities worldwide.
| Account Type | Level | Commission per Lot | Max CPA/CPL |
| CENT | Beginner | $0.5 | Up to $250 |
| Classic+ | Platinum | $12–$15 | Up to $1000 |
| DirectFX | Gold | $6–$9 | Up to $750 |
| xPRIME | Diamond | N/A | Custom Ambassador Package |
Frequently Asked Questions
How do I become an xChief partner?
To join, register for the Affiliate or IB program, and receive a unique referral link. Share this link with traders, and earn commission based on their trading turnover. Partners gain access to multi-tier rebates, monthly bonuses, and special promotional tools to maximize earnings.
What types of bonuses and commissions are available?
xChief partners can earn up to $15 per lot depending on account type and level. Additional earnings include CPA and CPL payments, Ambassador Pro package bonuses, multi-layer rebates, and extra monthly incentives such as No-Deposit and Welcome Bonuses for referred clients.
Our Insights
xChief’s Partner and IB Program provides a robust earning structure for individuals and organizations capable of attracting traders. With tiered commissions, bonuses, and full mobile access to account statistics, it is ideal for generating stable, passive income in the Forex market.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Customer Support
xChief maintains multiple offices worldwide, including Vanuatu, Dubai, and Abuja, Nigeria, providing accessible local support. Clients can reach the company via phone, email, or live chat. This global presence ensures responsive assistance and strengthens trust with traders across different regions.
Frequently Asked Questions
Where are xChief’s main offices located?
xChief operates offices in Vanuatu (Port Vila), 🇦🇪 Dubai (Business Bay), and 🇳🇬 Abuja (Jabi). Each office handles local client inquiries, partnership relations, and provides live chat support during business hours, ensuring timely assistance across time zones.
How can I contact xChief customer support?
Traders can contact xChief via live chat, email, or phone. The general support email is [email protected], partnership inquiries can be sent to [email protected], and the Nigerian office is reachable at [email protected] or +234 9030795364.
Our Insights
xChief’s widespread office network and multiple support channels demonstrate a commitment to accessible and responsive client service. Traders benefit from local assistance, live chat, and regional offices, making communication and account management convenient and efficient.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Customer Reviews and Trust Scores
Users frequently discuss xChief’s speed and reliability, but opinions differ on fees and oversight. Trust ratings fluctuate across platforms, reflecting both positive and critical experiences, so prospective traders should look beyond surface scores.
| Platform/Source | Rating/Score | Key Positive Comments | Key Criticisms |
| Trustpilot | 4.1/5 | Fast withdrawals, easy interface, transparency | Withdrawal fees, slow processing at times |
| Myfxbook reviews | “Good broker” with mixed notes | Low commissions, fair spreads | Occasional execution delays, technical issues |
| BrokerChooser | Not recommended / warns lack of top-tier regulation | N/A | Regulatory risk, weaker oversight |
Overall, customer reviews are generally positive, though concerns about fees and regulation persist.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Discussions and Forums about xChief
Trader forums and social media threads reveal candid insights into users’ real-world experiences with xChief—highlighting both success stories and cautionary tales. These discussions offer a valuable lens beyond marketing claims.
| Venue/Forum | Common Topics | Notable Insights |
| Facebook “Trader Roll Call” | User opinions and complaints | Some traders praise low spreads; others note withdrawal delays |
| Brokfolio reviews | Balanced feedback | One user rated xChief 4.4 stars, praising service yet noting slow withdrawal times |
These community discussions suggest that while many traders are satisfied, some face friction with withdrawals or support responsiveness.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Employee Overview: Working for xChief
Inside views from current or former staff are harder to find. Still, common themes in employer-review culture include workplace pressure, growth opportunities, and internal transparency. These limited glimpses point to strengths and areas for improvement.
| Factor | Typical Feedback | Notes |
| Work pace | Fast, high expectations | Many financial and tech roles operate under tight targets |
| Transparency | Mixed | Some staff cite good internal communication, others mention ambiguity |
| Benefits and pay | Variable | Compensation seen as competitive in some regions, less so in others |
| Career growth | Potential, but moderate | Promotions available but not guaranteed |
| Culture | Professional, performance-driven | Culture leans toward results orientation |
While direct reviews of xChief as an employer are scarce, industry norms suggest a high-performance environment with potential tradeoffs.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Low minimum deposit | Only offshore regulation |
| Competitive spreads | Withdrawal fees |
| Supports MT4 and MT5 | Occasional execution delays |
| Active global presence | Bonus terms may be restrictive |
| Diverse account types | Less regulatory protection |
References:
In Conclusion
xChief provides international accessibility by maintaining offices and customer support in several key regions, including:
- 🇳🇬 Nigeria
- 🇦🇺 Australia
- 🇸🇬 Singapore
- 🇦🇪 United Arab Emirates
xChief maintains international offices and local support in these countries to assist traders with its services.
Faq
No. xChief is regulated via the Mwali International Services Authority (MISA), considered a lower-tier regulator. Some analysts caution that it lacks oversight from major regulators.
Many users report fast withdrawals, especially via crypto. However, some complain about delays or higher-than-expected fees on certain methods.
Yes, xChief offers demo accounts for practice trading before switching to a live account.
Yes, no-deposit bonuses, welcome bonuses, and other promotions are occasionally available, depending on region and account type.
Ratings vary: around 4.1/5 on Trustpilot, “good broker” on Myfxbook, and more cautious evaluations on safety-focused sites like BrokerChooser.
- Overview
- Fees, Spreads, and Commissions
- Minimum Deposit and Account Types
- How to Open a xChief Account
- Safety and Security
- Trading Platforms and Tools
- Markets Available for Trade
- Deposits and Withdrawals
- xChief Welcome Bonus
- 100 USD No-Deposit Bonus
- xChief Partner Program
- Customer Support
- Customer Reviews and Trust Scores
- Discussions and Forums about xChief
- Employee Overview: Working for xChief
- Pros and Cons
- In Conclusion
