ForexChief

ForexChief Ltd. (registration number 14777) is issued a securities dealer (principal) license by the Vanuatu Financial Services Department in accordance with Article 70 of the Securities Dealers (Licensing) Act (Amendment), Chapter 4, Section 1. a. The company aims to create an online trading platform based on margin trading for foreign exchange contracts and precious metal transactions. The technical construction of this project is based on the STP/NDD model, which not only avoids conflicts of interest between the company and customers, but also improves our service quality by reducing price differences and executing transaction orders at a high speed overall.

As a fundamental platform, ForexChief offers MetaTrader4/5- the most popular foreign exchange trading platform. In addition, institutional clients providing market maker services should note that the STP-gate in MetaTrader4/5 can connect liquidity with minimal manpower through regular trading accounts on MetaTrader4/5.

The company attaches great importance to providing customers with stable trading servers and software. The traffic synthesis technology and management system based on cluster solutions can maintain high stability in the event of abnormal traffic (especially during major economic news releases, when a large number of customer orders are sent to the trading server)

In the ForexChief account type, there are "cent" accounts (cent-MT4.DirectFX, cent-MT4.Classic+, cent-MT5.DirectFX, and cent-MT5.Classic+), with a balance of one hundred times that of the standard account. For example, when a trader successfully deposits $100 into a cent account, the deposit amount will be displayed as 10000 (100 times) because the account currency here is' cent '. Cent accounts are an unavailable tool, and beginners do not have enough experience to bear huge investments. Professionals need to test and fine-tune trading strategies in real market environments. Moreover, such cent accounts also provide users with the opportunity to fully test a trading company without the need for large deposits.

It is worth noting that only when the customer's order size reaches 1000 units of base currency, equivalent to 0.01 hands in MT4. DirectFX, MT4. Classic+, MT5. DirectFX, and MT5. Classic+accounts, will the customer's order be transmitted to the counterparty. In other words, orders with a scale of less than 1000 units of base currency will be transmitted to ForexChief (the "second party" in the transaction) as a market maker.