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As for the question you asked, we recommend that you ask the official customer service for a more accurate answer. For more details on this broker, please check our full Forex Chief review.
BrokersView reminds you
Forex Chief claims to be owned and operated by ForexChief Ltd, a Vanuatu-based firm regulated by the Vanuatu Financial Services Commission (VFSC) under license number 14745. We indeed find a match result to Forex Chief in VFSC.
But please be informed that VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. As such, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of ForexChief Ltd. We would recommend exercising caution when dealing with VFSC- regulated brokers.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.