ActivTrades vs xChief Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of ActivTrades and xChief
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 4.3/5 | 4.1/5 |
| Foundation Year | 2000 | 2014 |
| Regulated in Countries | Bahamas, United Kingdom, Portugal, Luxembourg, Brazil | Comoros |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | ActivTrades Review | xChief Review |
ActivTrades is suitable for beginners who value simplicity and educational materials and experienced traders who prefer MetaTrader and a wide range of instruments.
xChief is suitable for traders looking for a wide range of trading instruments and low spreads. However, the broker is not suitable for those seeking a strong analytical section and educational courses
ActivTrades Review
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
ActivTrades is in the top 10 of the following ratings:
xChief Review
xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.
Pros and Cons of xChief
Pros
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Regulation in an offshore jurisdiction.
- Weak analytical section.
- No educational courses and webinars for beginner traders.
xChief is in the top 10 of the following ratings:
Reliability
| Broker | ActivTrades | xChief |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 2000 | 2014 |
| Regulated in Countries | Bahamas, United Kingdom, Portugal, Luxembourg, Brazil | Comoros |
| Regulators | SCB SCB FCA FCA CMVM CMVM CSSF CSSF CONSOB CONSOB CVM CVM | MISA MISA |
ActivTrades
ActivTrades - highly regulated, transparent broker with a good reputation. International regulation and client fund protection make it a reliable choice.
xChief
ForexChief is of medium credibility, having a license from a body in an offshore jurisdiction.
Account Opening
| Broker | ActivTrades | xChief |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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ActivTrades
The account opening process at ActivTrades is quite accessible for most traders, but verification can take a significant amount of time.
xChief
Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.
Account Types
| Broker | ActivTrades | xChief |
|---|---|---|
| Account Types | 2/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
ActivTrades
ActivTrades offers 2 trading accounts suitable for most traders, but some options are missing.
Pros
- Availability of an Islamic account.
Cons
- No STP/ECN accounts.
- Lack of fixed spread accounts.
- Investment accounts (PAMM, copy trading) are not offered.
xChief
Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.
Pros
- Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
- Demo accounts are available for novice traders.
- Investment accounts available: PAMM accounts and copy trading.
Commissions
| Broker | ActivTrades | xChief |
|---|---|---|
| Commissions | 3.7/5 | 4.2/5 |
| Spread | from 0.5 points | from 0 points |
| Average Spread (EURUSD) | 1 | 0.7 |
| Commission per Lot | $2.5 |
ActivTrades
ActivTrades offers average commissions with tight spreads, but high swap rates and inactivity fees.
xChief
Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.
Pros
- Low commission per trade.
- Tight spreads.
- No inactivity fees and no withdrawal fees.
Cons
- High swaps.
Deposit and Withdrawal
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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ActivTrades
ActivTrades offers a variety of convenient methods for depositing and withdrawing funds.
Pros
- Diversity of payment systems.
- Most transactions are commission-free.
- Fast processing of requests.
Cons
- No options for using cryptocurrencies.
xChief
ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.
Markets and Products
| Broker | ActivTrades | xChief |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 49 | 39 |
| Precious Metals | 3 | 2 |
| Energy Carriers | 7 | 3 |
| Soft Commodities | 9 | - |
| Indices | 31 | 10 |
| Stocks | 1035 | 100 |
| ETF | 75 | - |
| Bonds | 6 | - |
| Cryptocurrency | 12 | 5 |
ActivTrades
ActivTrades offers a wide range of trading instruments, providing access to all major markets, making it attractive to various traders.
xChief
Forex Chief offers a respectable variety of trading instruments.
Pros
- Wide range of currency pairs and CFDs.
- Access to cryptocurrency trading.
- Flexible margin requirements.
Cons
- Lack of soft commodities.
- Limited number of stock CFDs.
Trading Platforms
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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ActivTrades
ActivTrades offers diverse trading platforms, each catering to different trading needs, combining efficiency, advanced features, and user-friendly interfaces.
Pros
- Multiple platforms including MT4, MT5, ActivTrader, and TradingView integration.
- Advanced tools and features for comprehensive market analysis.
- Customization options and social trading aspects in TradingView.
xChief
Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.
Pros
- Use of popular and proven MT4 and MT5 platforms.
- Availability of platforms on various OS (Windows, iOS, Android).
Cons
- Lack of proprietary unique platform.
- Limited selection of platforms compared to some competitors.
Analytics
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 5/5 | 3/5 |
ActivTrades
ActivTrades provides extensive analytical resources, including market analysis, economic calendar, technical analysis tools, trading signals, and ideas.
xChief
ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.
Pros
- Current central bank interest rates.
- Convenient trader's calculator.
Cons
- Outdated economic articles.
- Insufficient variety of analytical tools.
Education
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 5/5 | 3/5 |
ActivTrades
ActivTrades offers high-quality and diverse educational materials that will be useful for traders of any level.
xChief
ForexChief's educational materials cover the basics, but do not offer in-depth training.
Pros
- Wide range of article topics for beginners.
- Various trading strategies and indicators are presented.
Cons
- Lack of more advanced materials.
- No video tutorials or webinars.
Customer Support
| Broker | ActivTrades | xChief |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
LinkedIn
Instagram
TelegramActivTrades
ActivTrades' technical support is commendable for its professionalism, diverse communication channels, and 24/5 availability.
Pros
- Highly professional and knowledgeable staff.
- Multiple contact options including phone, chat, and email.
- 24/5 availability.
xChief
ForexChief support is well-organized and easily accessible, but has limited operating hours.
