Forexchief scam

Turnover bonuses are analogues of rebates or cashback. Earn up to $10 for 1 mln. USD of the trading turnover.

Today forex bonuses

Deposit funds in your account and get a trading credit up to 50% of the amount deposited.

Advanced platforms

Popular trading platform metatrader 4/5 developed by metaquotes, including a mobile terminal for ios and android operating systems.

MQL4/5 programming language, a wide variety of tools for technical analysis, trading signals, and VPS service.

Trading credits

Deposit funds in your account and get a trading credit up to 50% of the amount deposited.

Trading credits are termless and interest-free, and can be used as guarantees when effecting transactions.

Turnover bonuses

Turnover bonuses are analogues of rebates or cashback. Earn up to $10 for 1 mln. USD of the trading turnover.

Progressive remunirations scale, bonuses are credited automatically and can be withdrawn immediately without any restrictions.

Copy trading

Copy trades of successful traders in the automatic mode or sell your trading signals to subscribers all over the world.

The service was developed by the metaquotes company and was integrated into the metatrader client terminal.

Partnership

CPA (cost-per-action) remuneration up to $300 for each attracted client.

Subsequent «eternal» remuneration for the referrals turnover calculated on a progressive scale - up to

Liquidity provider

Open new opportunities for your brokerage company with forexchief aggregated liquidity.

Effective B2B solution that allows you to offer competitive terms to the most demanding clients on the basis of developed technological infrastructure.

Regulated & licensed

Metatrader 4 and 5

Wide range of contracts

Aggregated liquidity

Bonus programs

Partnership

Bonuses and promotions

Analog of "bonus for deposit"

Increase the amount of funds in the account

Opportunity to receive up to 20,000 USD

Perpetual and interest-free

The profit can be withdrawn without restrictions

No hidden conditions, can be opt out anytime

Analog of rebates and cashback

Progressive remuneration scale

Credited automatically

Can be withdrawn anytime without restrictions

Excellent opportunity for additional income

The bonus is credited automatically upon the first deposit

The maximum bonus is equal to $500

The bonus can be withdrawn after performing the required turnover. The profit can be withdrawn without restrictions

Trading robots and any strategies are allowed, including scalping and arbitrage

Welcome bonus has unlimited duration

Account types

This is the main account type in the line of forexchief trading accounts designed for experienced traders. The distinctive features of this account are narrow spreads without "markups" and a broker fee, whose amount is calculated as based on the transaction volume at the rate of $15 for USD 1 mln.

This is a classic account type with a "floating" spread that has no transaction fee. Client's orders are executed in "market execution" mode, while the standard speed of trading order execution on the server is in the range of 100-150 msec (under regular market conditions).

This is a "cent" account, whose balance span exceeds that standard hundredfold. Otherwise, this account type is completely identical to the MT4.Directfx. These accounts will be suitable for those clients who want to test MT4.Directfx on its "cent" counterpart.

This is a "cent" account that is different from MT4.Classic+ only by its balance span. Otherwise, those account types are identical. As it’s an intermediary stage between a demo-account and a real standard account, the cent-MT4.Classic+ allows users to make a comfortable transition from "virtual" trading to operation with real money.

The basic option for professionals in the line of forexchief trading accounts. Stable high liquidity, narrow spreads without «markups», the minimum brokerage commission on the transaction volume ($15 for 1 million USD) allows to effectively use all advantages of MT5 trading terminal and «one click trading» technology.

Classic trading account with a "floating" spread without deals fee. Full access to all MT5 functions, «market execution» mode, average speed of ordering does not exceed 100-150 msec (in conditions of a stable market). The optimal solution for professional systems with the modeling of profitability using the floating spread method without taking into account commission costs.

«cent» analog MT5.Directfx, the balance dimension of trading account is 100 times larger. Accounting for trading results in cents is beneficial for beginners, who can not risk large sums, and professionals who perform testing or optimization of trading systems or methods of management

"cent" version of MT5.Classic+ with a low level of risk. Guarantees maximum of practical experience at minimal costs. It is recommended for all systems based on floating spread without deals commission. Provides a comfortable transition from demo trading and small deposits to a full trading account.

Deposit and withdrawal

Wide range of payment systems, 0% commission, negative balance protection, segregation of client funds

Company news

Analytics

Quotes

Risk warning: trading with complex financial instruments such as stocks, futures, currency pairs, contracts for difference (CFD), indexes, options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can't afford to lose. Until you begin to carry out trading transactions, make sure that you fully realize the risks associated with this type of activity.

Forexchief review reveals forexchief scam scheme, learn more about it

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

This broker is not recommended!

Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.

The way forex scams work is very simple, the brokerages are creating their website based on some legit brokerage, make great offerings that usually targets beginner traders that are not aware of such scams yet and try to make them invest as much money as possible. When the trader finds out he is a victim of the scam it is too late and they have nothing else to do but be careful when they choose the broker to trade with next time. Due to this simple scam scheme, the same scam brokerages are popping out with the different names and start scamming people again. Hence, there are not many scammers who are on the market for several years. Forexchief review showed that it might be this kind of broker that manages to continue operating with the same name for years and scam traders.

It is not easy to reveal the scam of the company which was leading it for several years already. However, it is also more interesting to bring the wrongdoing of sophisticated scam brokerage on the daylight. While at the beginning forex chief broker seems fully legit going through its offerings and features in details reveals the scheme that the broker is using successfully. So let’s start from the beginning and from one of the most important parts of the brokerage – regulations.

Is forexchief legit?

We found, when writing this forexchief review, that it was established in 2016 and has three years of experience. Unfortunately, the broker does not provide much information about the brokerage. Instead, you can only find the summary of the services in “about us” page. That is already suspicious but more bothering is the regulation of the broker. Forexchief forex broker is a trading name of the forexchief ltd. The company is registered and licensed in vanuatu, by the financial services commission of vanuatu. It is never advised to choose the broker that is licensed by the offshore financial authorities for two main reasons. First things first, offshore regulatory bodies are not very reputable and it been a long time since the islands such as marshalls islands, vanuatu, belize and others became a home of the scammer brokerages. Moreover, since the broker is not regulated by the local authority of your country, you will not have any possibility to get your money back if something happens. Seeing that the broker is regulated in vanuatu should already make you wonder can forexchief be trusted? It is very easy to get a license from vanuatu and any scam brokerage can get it. For example, if a broker wants to get authorized by the ASIC it needs to have at least half a million in funds, to get a license from FSC vanuatu broker needs only 2000 USD.

Forexchief.Com review

Now let’s take a look at the website and see if at least that inspires some confidence. The first thing we try is the forexchief login, which is a little buggy and a little tiring to use, making accessing your own trading data a little bit of an annoyance. This allows users access to the forexchief personal area, once they manage to get through the login screen. The main platform for any broker is their website where traders look at the offerings of the broker and open an account. While the website has a positive outlook one can guess straight away that it does not look like a website of a reputable broker. The design of it is nowhere near to good, it looks like the broker did not really want to invest much in it and simply used a cheap layout. Contentwise, there is not much to see at all. The broker does not suggest any education to its customers. All you can find there are some analysis and library that consists of several short articles. Most of the content is about the bonus offerings, which should make you think whether the forexchief FX brokerage can be trusted or if it is a scam company that tries to look as legit as possible?

Minimum deposit

The minimum deposit is one way to attract new clients. In most cases, beginner traders are searching for the broker that requests a low minimum deposit. The logic behind is simple, beginner traders do not want to invest too much money in it and they want to start trading step by step by the small amount of money. Therefore, they do not want to open an account that requires 500 USD and search for better options. It is used very well by the scam brokers and it is a part of the forexchief scam as well. The minimum deposit with a broker is 100 USD only and it is the first bait that it throws to the potential customer.

Forexchief bonus review

Apart from the minimum deposit, the broker uses the bonuses to lure the customers. The broker offers two different bonuses – no deposit bonus and turnover bonus. At first glance, the welcoming bonus looks too good to be true. Every new customer who will open an account with the broker gets 100 USD for free! Getting the bonus is easy as well. The brokers who offer such bonuses usually require several steps for confirmation. To get the forexchief welcome bonus one only has to open an account, download the bonus application and get free money by scanning the QR code. Wonderful, is it not? In reality, everything is not as simple as it seems. The conditions for using the welcome bonus and the withdrawal requirements are too complicated. The trader needs to reach a turnover of 10 million USD in order to be eligible for withdrawal. If you think of it such turnover is impossible to be met, especially for the beginner traders. Forexchief withdrawal for the bonus is not something the traders would like to have, after meeting the turnover the customer is only eligible to withdraw 100 USD. As the broker explains itself in the example after reaching the turnover trader has 250 USD on the account, he can only withdraw 100 USD and the other 150 USD is simply cancelled. The other bonus that broker suggests is the turnover bonus which is applied once the trader reaches a certain turnover. The bonus is applied only after your trading account reaches 100,000,000 USD turnover. The broker encourages the traders to reach this turnover in a week stating that the greater the weekly turnover is, the greater is the bonus. So, simply put, the forexchief no deposit bonus is a way to get people to deposit money that they will not be able to get back.

Forexchief scam revealed

There are no questions that this is a scam broker, which is why the broker is on our scam broker list. Our forexchief opinion has been formed after a vigorous exploration of the broker, which has shown that the website of the broker is created in a way to leave a great first impression but if someone will go through the pages will see that the website is pretty much empty in terms of the valuable content for visitors. It is regulated by the financial authority that is known as a regulator of scam brokerages. The broker lures beginner traders with the small minimum deposit and offerings that look great on paper but in reality are part of the scams. There are a lot of paid forexchief opinions that also target the inexperienced traders to make them open an account with forexchief. However, you should think well before you get lured with such offerings, if you will make enough research you will be proved that all of them are just part of the forexchief fraudscheme and you should avoid it just like a plague.

Forex chief review: is forexchief a scam or legit broker?

Forex chief is a forex and CFD broker owned and operated by forexchief ltd, with an address at 1276 kumul hwy, 1st flr govant bldg, port vila, vanuatu. Their contact phone number is +65 3163 5184 and email address is [email protected]

Forexchief trading platform

Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Forexchief broker offers the MT4 trading platform which supports custom indicators and expert advisors. Their max leverage is 1:400

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Withdrawal and deposit method

Forex chief withdrawal and deposit methods could be carried out by the following means: visa, bank wire transfer, mastercard, skrill, neteller, webmoney, perfect money, fasapay, qiwi wallet. The minimum deposit is $100

License and regulation

Forex chief is licensed in vanuatu by the VFSC. The regulation by the VFSC is not as strong as popular regulators such as cysec in cyprus and the FCA in UK.

��➡ visit trusted broker , used by smart investors.

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Forexchief.Com review

Forexchief is a forex broker. Forex chief offers the MT4 and MT5 forex trading top platforms. Forexchief.Com offers over 35 forex currency pairs, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Broker details

deposit methods:

bank wire, VISA, mastercard, advcash, alipay, bitcoin, fasapay, local bank transfers, neteller, perfectmoney, qiwi, skrill, unionpay, webmoney

withdrawal methods:

bank wire, VISA, mastercard, advcash, alipay, bitcoin, fasapay, local bank transfers, neteller, perfectmoney, qiwi, skrill, unionpay, webmoney

Live discussion

Join live discussion of forexchief.Com on our forum

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Not everyone reads instructions. I was hoping you will have this account without me asking to get swap free. My previous broker had this. Well, I am glad I was able to get swap free afterward. Thank you.

Jan 16, 2021 - 2 stars hello, my name is umeh, I am dropping this review so others may be careful when choosing this broker. If you want to use forexchief because they claim to give a swap-free account, don't do it. It is deceit on the broker's part to claim on a website that they have a swap-free option. I even asked customer service to confirm this before registration. I have the transcript of the chat in case the broker denies this. I have already deposited money with this broker but I cannot trade anymore because they did not give me an option for swap-free. I don't see the need to talk to anyone because I know they're going to keep playing me around. I have already put in a request to change the broker. I need a broker that offers swap-free unconditionally. I think any trader deserves the right to choose whether to use such an option or not. It is better forexchief removes this info from the website so that traders do not be deceived. I wonder what else is a lie.

Reply by forexchief submitted jan 20, 2021 dear mamary

It looks like you didn't read carefully the conditions. To get swap-free option you need to send request via ticket and wait confirmation from dealing dep.

Forexchief review – is it a scam or legit broker (2021)

In this forexchief review, we are going to take a look at the offer that this broker prepared for its traders. Forexchief operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5. The forexchief minimum deposit is 50 USD.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Basic information from this forexchief review

website address:	forexchief.Com
operated by:	forexchief ltd.
Licensed and authorised by regulatory bodies:	VFSC
supported languages:	english, spanish and portuguese
customer support available via:	E-mail, phone, live-chat
contact details:	[email protected], +65 3159 3652
available deposit methods:	bank transfer, VISA, mastercard, advcash, alipay, bitcoin, fasapay, local bank transfers, neteller, perfectmoney, qiwi, skrill, unionpay, webmoney
available withdrawal methods:	bank transfer, VISA, mastercard, advcash, alipay, bitcoin, fasapay, local bank transfers, neteller, perfectmoney, qiwi, skrill, unionpay, webmoney
minimum deposit:	50 USD
min. Trade in lots:	0.01
spreads:	typical spread on the currency pair EUR/USD - 0,7 pips * on standard account type
tradable assets:

Forexchief fees (typical spreads)

We have scanned fees (typical spreads) that forexchief charges when trading popular currency pairs, here is their breakdown in pips.

*typical spreads were recorded on 17.01.2020 at 21:28 for the standard account. Forexchief spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: odmarkets, fxglory, tradetime and axiory

Frequently asked questions

�� is forexchief a scam?

In accordance with our research, forexchief is a broker licensed and regulated by the VFSC. While it is a good thing that the broker is regulated, the VFSC regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that forexchief is not a scam, read our trader reviews and check other popular trading related websites and forums.

�� what is the forexchief minimum deposit?

In order to start trading with forexchief, you have to deposit at least 50 USD (trading accounts can also be held in USD,EUR,GBP,CHF,JPY).

�� what deposit and withdrawal methods forexchief supports?

We don’t have our own personal experience with forexchief. However, the broker is regulated by the VFSC which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with forexchief.

Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.

Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

Disclaimer/disclosure

All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

Forexchief review – is forexchief scam or not?

Forexchief

Trust

Commissions and charges

Customer service

Platform & tools

Product portfolio

Todayi’m definitely going to present one to forexchief. The broker situated in 2014 and established 1276 kumul hwy, 1 st flr govant bldg port vila, vanuatu. Forexchief has offices in switzerland, singapore, south africa and nigeria.

Furthermore, forexchief is an overseas broker and I shall give more information on it at the law department.

In this forexchief review you will learn is forexchief scam or maybe not. Moreover, what will be the accounts sorts of this broker? How good is forexchief trading requirements such as spreads, leverage, minimum bonuses and deposit?

Don’t open a trading account before reading the most detailed forex chief review on the internet!

Forexchief regulation and investor protection

As I said before all else part of the review, forexchief is an offshore broker and licensed by the vanuatu financial services commission as a dealer in securities (principal’s license).

The company behind the broker is forexchief ltd. (company number 14777).

Whereas, the vanuatu license may be partly acceptable but it is not giving much confidence. For argumentation of that, I can say the minimum capital requirements.

I think forexchief have chosen to register in vanuatu because of the minimum capital requirement is only $2,000.

It doesn’t pay any reimbursement once customers have a gripe against the broker. Additionally, it’s tricky to look for legal recourse once the broker established overseas.

After referring to the law allowed ‘s go on with a different section.

Account types and spreads

Forexchief provides its customers four account forms. All these are MT4.Directfx, MT4.Classic , cent-MT4. Directfx, also cent-MT4. Classic. You may select also the MT5 variant there aren’t any differences between these.

As you watch at the table beneath, each account is started using a minimum deposit of $100 (or equivalent) from these monies – USD/CHF/GBP/ / EUR/JPY.

Account kind	minimum residue	maximum leverage	minimum trade size	average spreads (& commission)
MT4.Directfx	$100	1:400	0.01	0.4 stocks $ 1-5 a 1 mln. USD
cent-MT4. Directfx	$100	1:400	0.01	0.4 stocks $ 1-5 a 1 mln. 67146
MT4.Classic	$100	1:400	0.01	0.7 indicator
cent- MT4.Classic	$100	1:400	0.01	0.7 indicator

There are gaps in spreads one of the account types. The cent-MT4. Vintage and MT4.Classic account don’t have any commission. Spread to your MT4. Directfx along with cent-MT4. Directfx accounts begin from 0%; and also others, from 0.3 pips.

Commission for your MT4.Directfx and also cent-MT4. Directfx is 15per 1 mln. USD.

The best leverage is left up into 1:400 and the minimum purchase size is 0.01 great for all balances. In any case, expert advisers and scalping are enabled with the broker.

Trading programs

Forexchief stipulates the metatrader 4 stage that’s typically the very widely used platform on the list of brokers and traders.

Also, the metatrader 5 is currently available that your new variant of the MT4 is. You are able to use either programs on both desktop, ios along with android apparatus.

So, reasons why MT4 is popular are intuitively clear interface, embedded programming language MQL 4, also a vast array of indexes and tools for technical investigation, direct market access through MT4 bridge technology.

However, MT5 includes got the MQL5 programming language, code-base technical indicators database, method tester, application store, an extensive assortment of applications for DMA/STP.

Trading instruments

Forexchief provides 50 forex pairs, including metals, commodity cfds, stock, index and cryptocurrencies. Gold and silver coins are silver, gold, gold, palladium and gold. Compounds are brent crude oil, US natural gasoline and WTI crude oil.

The crypto currencies provided by forexchief include bitcoin, bitcoin money, ethereum, litecoin and ripple.

Customer service

Honestly, I didn’t like the website, www.Forexchief.Com, of the broker design. It looks like very amateur. I think the designer wanted to compare it to the financial times website.

Despite the website does not give a positive impression, they have a variety of live chat options. While many brokers don’t offer livechat, these options really are a huge convenience for forexchief.

The site encourages english, russian, indonesian, chinese, spanish and much more.

Forexchief bonus

The broker offers two different bonuses: welcome bonus plus turnover bonuses.

Forexchief’ welcome no deposit bonus $100 allows you to check the company’s services and test the trading method chosen. You can obtain no deposit bonus forex on your account automatically, no personal documents for verification required.

Of course, there are terms and conditions and forexchief has created a complete video-tutorial for you, which explains in details the whole procedure of obtaining the forexchief bonus.

Turnover bonus allows active traders to earn additional income in the form of weekly rewards for trading turnover. The program operates in automatic mode and does not require any actions in the personal area for activating this service.

By the end of each week, weekly trading turnover is calculated, and the appropriate bonus is credited to the trading account. The bonus program’s distinctive advantages are its lack of secret terms and conditions, progressive rates, weekly payments, lack of MTP, and unlimited withdrawal.

Deposit and withdrawal methods of forexchief

There are a variety of deposit and withdrawal options offered by forexchief. Deposit options are bank wire transfer, local transfers (china, indonesia, and nigeria), credit/debit cards, electronic payments such as bitcoin, skrill, neteller, webmoney, perfectmoney, fasapay and qiwi wallet.

It is good to have these kinds of deposit and withdrawal methods for this broker. Because many other offshore brokers don’t provide just as many as forexchief.

The transfer period of the withdrawal techniques should function improved. It requires 3-5 business day once you employ bank wire transfer. It requires 3 business days together with charge/bank cards along with one business day E-wallets systems.

Also there are fees and commission a few techniques. You may assess these in the picture.

If you would like to deposit and draw your accounts with no problem I urge to trade with a broker who’s within my own very best forex brokers list.

Conclusion

Unfortunately, my beliefs about forexchief aren’t favorable in any way. While consideration types, trading requirements, deposit and withdrawals options are all favorable, on the flip side, my principal concern with all the broker is complementary regulation.

I would counsel one to trade forex broker that authorized in UK, or even cyprus for example, where regulation is more strict and you’ll find reimbursement schemes, that’ll guard your money in case a broker gets bankrupt.

At the conclusion of the sentence, you’re able to take a look at the pros and cons of this broker at the base of the webpage.

Forexchief.Com review

Check if forexchief.Com is scam or safe

This report can help you determine if forexchief.Com is a legit website.

Last updated 7 months ago.

Potentially safe

The site may be safe but it has an unsatisfactory trustworthiness.

Check forexchief.Com trusworthiness on WOT (web of trust):

This site has an unsatisfactory (50/100) trustworthiness score.

Web of trust is a web service used by millions of internet users to rank the safety of websites.

I would personally not trust a website that has a low trustworthiness on WOT.

You can find the following links useful to improve WOT reputation:

Check if forexchief.Com is classified as malware on safe browsing:

This site is not currently listed as suspicious.

Google safe browsing is a service created by google inc. To identify malicious websites.

If the site is detected by safe browsing I would personally not visit it.

Check forexchief.Com through multiple third-party security services.

This should help you to better identify scam, phishing and malware websites.

If the site is detected by at least one engine it may be a threat.

Check forexchief.Com domain with our database of "scam" words:

No suspicious words found in the domain name.

A legit shopping website should not use a branded name (i.E. Rayban) in the domain name.

Only the original manufacturer (i.E. Rayban) should use its brand name in the domain name.

This option should help identify potentially fake online shopping sites.

Check if forexchief.Com uses a valid HTTPS secure connection:

This site uses an HTTPS secure connection.

An HTTPS secure (encrypted) connection is recommended for online shops and e-commerce websites.

So when you submit sensitive information they are securely transmitted over HTTPS.

I would never enter my credit card details in a non-HTTPS website.

Check if forexchief.Com is popular among internet users:

This site has a good online popularity.

Forexchief.Com is ranked #236,444 among millions of websites according to alexa rank.

An alexa rank higher than 0 and less than 500,000 means the site has a good amount of traffic.

The more alexa rank is low (but > 0) the more the website is popular.

Check when forexchief.Com domain name was first registered:

The domain name was registered 11 years ago.

A domain created less than 3 months ago is considered new and thus potentially suspicious.

We may not have enough details to judge a website created only a few months ago.

Pay attention if you plan to buy goods from a "young" e-commerce website.

Check if the domain name has a commonly abused TLD:

The domain name has a commonly used TLD.

I would not buy goods from a domain that ends with .XYZ or .CLUB or .TOP.

We check the domain extension (TLD) to see if it is related to commonly abused tlds.

Many scam websites have domains that end with uncommon and cheap tlds.

This additional check should help you make the right choice.

Before buy something from a new site:

1) check if the site has a "contact us" web page

2) avoid online shops that use free email providers (i.E hotmail, gmail)

3) check if the site shows info about its company (name, address, country)

4) check if the site has an "about us" or "company" web page

5) check if the site has a valid VAT or partita IVA number (EU only)

6) don't be fooled by low prices, if it looks too good to be true, pay attention

7) check if the site has a social profile (facebook, twitter, instagram)

8) try to always first contact the website owner via email

9) analyze the domain WHOIS data to find info about the site owner

10) look for possible english (or other language) grammar errors

11) do not pay via credit-card, use paypal instead (easier to get refunds)

12) verify that the website is certified by mcafee SECURE

13) never enter sensitive information on non-HTTPS pages

Please write useful comments by including proofs:

Forexchief review

Welcome to our review on forexchief.

We will explain why it is a scam that should be avoided by all means.

Forexchief is a dubious offshore broker just like solidary markets FX.

One of the characteristics of offshore brokers is that they are anonymous and can disappear at any time without any notice whatsoever.

Offshore brokers more often than not, abuse regulations and they are not reliable at all.

The CEO of the firm’s information should be readily available, the person responsible for day to day running of the brokerage firm, detailed information on their physical contacts among others.For this company, these details are not available.

When the above information is lacking, it raises questions and as an investor you do not have even the slightest idea of who will be handling your hard earned money. This explains why your funds are not safe withthis broker.

Is your money safe with forexchief?

Your money is definitely not safe with this broker. They have withheld key information about themselves which brings us to the conclusion that this is an offshore brokerage firm.

This broker has not provided any banking information thus they may go bankrupt any time.

Should you invest in forexchief?

Once you deposit the minimum amount required , we guarantee that you’ll definitely lose it.

This broker is making money off you and in the most fraudulent ways while not caring about the losses you are making.

That is why even their trading conditions are not good.

Conclusion

Forexchief is a scam which will dube you to invest with them then they unceremoniously disappear with your money.

Have you been scammed by this broker? CLICK HERE to recover your money.

Forexchief review reveals forexchief scam scheme, learn more about it

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

This broker is not recommended!

Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.

Is forexchief legit?

Forexchief.Com review

Minimum deposit

Forexchief bonus review

Forexchief scam revealed

So, let's see, what was the most valuable thing of this article: forexchief - reliable online forex broker. Spreads from 0 pips. MT4 and MT5. Leverage up to 1:1000. Cent accounts. Welcome bonus $500. Affiliate CPA up to $300. At forexchief scam