Rating Index
Pros
Lack of regulation raises significant concerns regarding the safety of funds.
Numerous negative reviews from users highlight issues with account access and withdrawal problems.
The broker is associated with high-risk financial services, which may not be suitable for all investors.
Cons
Some users have reported that their accounts were blocked and withdrawals were denied, indicating potential operational issues.
The broker has a very low trust score, suggesting a lack of credibility and reliability in the market.
There is a general perception of XCH as a potential scam, leading to increased caution among potential clients.
XCH broker Accounts
xChief Account Types
xChief broker offers a diverse selection of account types tailored to meet the varying needs of traders, from beginners to professionals. Each account type comes with distinct features, minimum deposit requirements, and trading conditions:
- Standard Account
- Minimum Deposit: $100
- Spreads: Competitive
- Features: Ideal for beginners and intermediate traders, access to a wide range of markets, 24/5 customer support, and educational resources.
- VIP Account
- Minimum Deposit: $10,000
- Spreads: Tighter
- Features: Designed for high-net-worth individuals, personalized account management, exclusive tools, and events.
- ECN Account
- Minimum Deposit: $2,000
- Spreads: Starting from 0.0 pips
- Features: Direct access to interbank liquidity, commission-based pricing, and fast execution.
- Islamic Account
- Minimum Deposit: Varies by account type
- Spreads: Competitive
- Features: Swap-free trading that adheres to Islamic finance principles, allowing no overnight interest fees.
- Demo Account
- Minimum Deposit: No deposit required
- Spreads: Not applicable
- Features: Virtual funds for practice, real-time market conditions, and no time limit for practice.
- Create an Account
- Visit the xChief broker website and click the “Open Account” button.
- Provide your name, email, and contact details.
- Choose Account Type
- Select the account type that fits your trading needs (Standard, VIP, ECN, Islamic, or Demo).
- Complete Registration
- Fill in additional details about your financial background and trading experience.
- Verify Account
- Upload the required documents for identity and address verification, such as a government-issued ID and a recent utility bill or bank statement.
- Make a Deposit
- Fund your account by making the minimum deposit required for your chosen account type.
- Start Trading
- Once your account is verified and funded, log in to your live account and begin trading on the xChief broker platform.
xChief Broker Account Opening Process
Opening an account with xChief broker is a straightforward process. Heres a step-by-step guide to get started:
Following these steps ensures a smooth account opening process, allowing you to start your trading journey confidently.
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