XChief Ltd (Registration number: HY00923433, License number: T2023379, Registered office: 1257 Bonovo Road, Fomboni, Comoros) is licensed by the Mwali International Services Authority as International Brokerage and Clearing House pursuant to International Companies Act 2006. The basic concept of the project is creation of a unique platform for online trading in currency contracts and precious metals on conditions of margin trading. The foundation of the project’s technological infrastructure is built on the STP/NDD model, avoiding not only a conflict of interest between the company and the client, but also, in general, increasing service quality by means of narrow spreads and high speed trading order execution.
As the basic platform, xChief offers MetaTrader 4/5, the most popular trading platform for forex trading. Separately, institutional clients who offer broker services should note the STP-gate integrated into MetaTrader 4/5 that can connect liquidity through a regular trading account on the MetaTrader 4/5 platform with minimum labor input.
The company pays special attention to the technical stability of the trading servers and software that is provided to the client for trading operations. The technologies developed for liquidity aggregation, as well as their system, administration are based on cluster solutions. This means that a high level of reliability under abnormal loads can be maintained (especially where there is a large number of client orders coming to the trading server when economic news has been published).
The line of xChief account types includes CENT accounts, whose balance exceeds that of standard accounts a hundredfold. This way, for instance, if a trader refills a cent account with USD 100, and that transfer is successfully completed, the amount of 10,000 (i.e., a hundered times more) will be credited to the account, since USD cents is the account currency in this case. “Cent” accounts are an indispensable tool, both for beginners, whose experience does not allow them to invest significant capital, and for professionals, whose goals are fine tuning and testing trading robots in real market conditions. Also, this type of account provides an opportunity to test the platform comprehensively without risking a large deposit.
Broker Logo |  |
BROKER INFORMATION
Broker Type | STP/NDD |
Company | XChief Ltd. |
Foundation | 2014 |
Country | Vanuatu |
Regulation | Registration number: HY00923433 License number: T2023379 License type: International Brokerage and Clearing House License |
Minimum Initial Deposit | $100 |
Account Base Currencies | USD, EUR, GBP, CHF, JPY |
Account Deposit Methods | Bank Wire Transfer, Local Transfer Solutions, Credit / Debit cards, Electronic Payments (Crypto, Skrill, NETELLER, Advanced Cash, Perfect Money, FasaPay) |
Account Withdrawal Methods | Bank Wire Transfer, Local Transfer Solutions, Credit / Debit cards, Electronic Payments (Crypto, Skrill, NETELLER, Advanced Cash, Perfect Money, FasaPay) |
Live Chat | Yes |
| Vanuatu: – General questions: info@xchief.com – Marketing department: marketing@xchief.com – Partnership: partnership@xchief.com Singapore: asia@xchief.com Nigeria: nigeria@xchief.com | |
Call | Vanuatu and Singapore: +65 31593652 Nigeria: +234 9030795364 |
ADVANTAGES
Free Demo Account | Yes |
Spreads | Floating From 0.0 Pips |
Stop Out | 30% |
Execution Type | Market Execution |
Introducing Brokers Program | Yes |
Promotions | Yes |
Swap Free | Yes (Islamic) |
Copy Tradin/PAMM | Yes |
Trading Platforms | MetaTrader 4, MetaTrader 5, XChief App |
Scalping | Yes |
Hedging | Yes |
Expert Advisors | Yes |
Products | Forex (majors, minors, and exotics), Metals (gold and silver), Commodities (crude oil and gas, including WTI and Brent), Indices CFDs (10 leading stock Indices), Stock CFDs (stocks of the world’s most famous brands), and Crypto CFDs (Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple). |
DISADVANTAGES
Restrictions | Please be aware that xChief Ltd does not provide services in certain regions, and the information on this website is not intended to be distributed or used by any person in any country or jurisdiction where such distribution or use would be contrary to applicable law or regulation. |
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