Compare ForexChief vs ForexMart
What is ForexChief? What is ForexMart?
ForexChief is a forex broker that offers trading in various financial instruments, such as forex, metals, commodities, indices, and stock CFDs. It provides clients with MetaTrader 4 and 5 platforms, as well as a mobile app and a web trader. It also offers promotions and bonuses, such as trading credits, turnover rebates, and investment accounts. ForexChief is licensed by VFSC as a dealer in securities and is a member of FMA.
ForexMart is a forex broker that offers trading in forex, shares, metals, and crypto. It provides clients with MetaTrader 4 platform, as well as a mobile app and a web trader. It also offers leverage up to 1:3000, zero spreads, no deposit fees, swap free accounts, and excellent support. ForexMart is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15.
ForexChief vs ForexMart Regulation Comparison
| Broker | Regulator | License Number | Country |
|---|---|---|---|
| ForexChief | VFSC | 14777 | Vanuatu |
| ForexMart | CySEC | 266/15 | Cyprus |
ForexChief vs ForexMart Trading Assets Comparison
| Broker | Forex Pairs | Metals | Commodities | Indices | Stock CFDs | Crypto |
|---|---|---|---|---|---|---|
| ForexChief | Yes | Yes | Yes | Yes | Yes | No |
| ForexMart | Yes | Yes | No | No | No | Yes |
ForexChief vs ForexMart Trading Fees Comparison
| Broker | Spreads | Commissions | Swap Rates |
|---|---|---|---|
| ForexChief | From 0 pips | $15 per USD 1 million | Variable |
| ForexMart | Zero | None | Variable |
ForexChief vs ForexMart Account Types Comparison
- ForexChief
- Classic: Minimum deposit $50, leverage up to 1:400
- Cent: Minimum deposit $10, leverage up to 1:1000
- Direct: Minimum deposit $50, leverage up to 1:400
- Investment Accounts: Minimum deposit $1000, leverage up to 1:100
- ForexMart
- Standard: Minimum deposit $1, leverage up to 1:3000
- Zero Spread: Minimum deposit $1, leverage up to 1:3000
- ECN: Minimum deposit $200, leverage up to 1:500
ForexChief vs ForexMart Deposit Options Comparison
- ForexChief
- Deposit Options: Bank Transfer, Credit/Debit Cards, Skrill, Neteller, Perfect Money, Bitcoin, FasaPay, UnionPay
- Withdrawal Options: Bank Transfer, Credit/Debit Cards, Skrill, Neteller, Perfect Money, Bitcoin, FasaPay
- ForexMart
- Deposit Options: Bank Transfer, Credit/Debit Cards, Skrill, Neteller, PayPal, PayCo, Paxum
- Withdrawal Options: Bank Transfer, Credit/Debit Cards, Skrill, Neteller, PayPal, PayCo
ForexChief vs ForexMart Trading Platforms Comparison
| Broker | Trading Platforms |
|---|---|
| ForexChief | – MetaTrader 4 for Windows, Android, iOS – MetaTrader 5 for Windows, Android, iOS – Web Trader – Mobile App for Personal Area |
| ForexMart | – MetaTrader 4 for Windows, Android, iOS – Web Trader – Mobile App for Trading |
ForexChief vs ForexMart Analytical Tools Comparison
| Broker | Analytical Tools |
|---|---|
| ForexChief | – Analytical Reviews – Economic Articles – Currency Charts – Interest Rates – Trader’s Calculator – Library |
| ForexMart | – Economic Calendar – Market Analysis – VPS Service |
ForexChief vs ForexMart. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and other factors. Both brokers have their own advantages and disadvantages, and you should consider them carefully before making a decision. You should also consider other aspects of the transaction, such as customer service, education, security, and regulation. You should always do your own research and due diligence before choosing a forex broker.
