Brokers  /  xChief

xChief

Moderate risk
Comoros · 5-10 years · since 2018-01-26 · xChief Ltd
Visit site ↗
41
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Registered in Comoros (offshore, light oversight)
  • 9 user exposure/complaint reports filed
  • Withdrawal complaints in ~65% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namexChief Ltd
Headquarters Comoros
Founded2018-01-26
Years operating5-10 years
Employees0
Official websitexchief.com
Trading conditions
Avg execution speed770 ms D
Avg slippage3 C
Swap ratingC
Trading cost ratingAA
Monitored traders425
Monitored orders2,847
Funding & instruments
Deposit methods2 methods
Withdrawal methods4 methods
Instruments150+ ForexMetalsCommoditiesIndexesStocksCrypto
Registered address
1st Floor, CNM Building, Port Vila, Vanuatu

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
MISAForex Trading License (EP)T2023379ComorosRegulated
FSCADerivatives Trading License (EP)54829South AfricaRegulated

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Classic+1:1000$10 (or equivalent)From 0.6 --
CENT1:500--From 0.9No
xPRIME1:1000$2000 (or equivalent)From 0$3 / €3 / £3 / ₣3 / ¥500
DirectFX1:1000$50 (or equivalent)From 0.3 $2.5 / €2.5 / £2.5

Review analysis AI

Across 23 recent Trustpilot reviews, 13% are 1–2 star. The single most common complaint is being unable to withdraw funds (15 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Indonesia3
Philippines3
Argentina3
Germany3
India3
Nigeria2

Real user reviews

Similar brokers

About xChief

xChief is a forex and CFD broker based in Comoros, with records dating to 2018-01-26. It reports oversight from FSCA, MISA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full xChief review