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TopFX vs xChief
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, TopFX currently holds a lower overall rating (4.1) compared to xChief (4.3).
TopFX has a lower minimum deposit, at 5.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
both companies offer the same minimum (0.01) and maximum lot size (100.0).
TopFX offers a greater leverage limit of 1:2000, whereas xChief allows a maximum of only 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 5.0 | 10.0 |
| Commission | - | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, Pro | STP, NDD |
| Maximal leverage (1:?) | 2000 | 1000 |
| Availability | STP, ECN, Pro | STP, NDD |
| Regulation | FSA (Seychelles), CySEC (Cyprus), BVI FSC | ASIC (Australia), M.I.S.A. (Mwali) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Platform |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, Apple Pay, Google Pay | Debit Card, Paypal, WebMoney, Neteller, Skrill, Qiwi, Bitcoin |
| Account Currency | USD, EUR | USD, GBP, EUR, CHF, JPY |
| Languages | English | English, Spanish, Portuguese, Russian, Chinese, Indonesian, Arabic, Hindi, Ukranian |
| Country | Cyprus | Vanuatu |
| Trading platform(s) timezone | Seychelles, British Virgin Islands | Vanuatu, Nigeria, Switzerland |
| Other trading instruments | - | Indices, Energies, CFDs, Cryptocurrency, Precious Metals, Share CFDs |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
