Alpari vs xChief Comparison

Last updated Mar 28, 2025
Alpari LogoAlpari
4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
xChief LogoxChief
4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

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 Alpari and xChief

BrokerAlparixChief
Rating
4.1/5
4.1/5
Foundation Year19982014
Regulated in CountriesComoros, BelarusComoros
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
ReviewAlpari Review xChief Review

Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.

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

Alpari Review

Alpari Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare Alpari trading accounts

Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.

Overall, Alpari is an excellent choice for beginners and professional traders.

Pros and Cons of Alpari

Pros

  1. A wide range of trading accounts.
  2. Flexible conditions for depositing and withdrawing funds.
  3. Diversity of trading platforms.

Cons

  1. Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
  2. Fees for fund withdrawal and inactivity charges.
  3. Limited choice in terms of different asset classes.

xChief Review

xChief Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare xChief trading accounts

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

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Weak analytical section.
  3. No educational courses and webinars for beginner traders.

xChief is in the top 10 of the following ratings:

Reliability

BrokerAlparixChief
Reliability
4/5
3/5
Foundation Year19982014
Regulated in CountriesComoros, BelarusComoros
Regulators

Alpari

Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.

xChief

ForexChief is of medium credibility, having a license from a body in an offshore jurisdiction.

Account Opening

BrokerAlparixChief
Account Opening
5/5
5/5
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 1 USD

Alpari

Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.

xChief

Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.

Account Types

BrokerAlparixChief
Account Types
4.8/5
5/5
Trading Accounts
  • standard.mt5
  • standard.mt4
  • ECN
  • PRO ECN
  • CENT
  • Classic+
  • DirectFX
  • xPRIME
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

Alpari

Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.

Pros

  1. ECN and cent accounts available
  2. PAMM accounts and copy trading options
  3. Binary options trading accessible

Cons

  1. No fixed spread accounts available

xChief

Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.

Pros

  1. Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
  2. Demo accounts are available for novice traders.
  3. Investment accounts available: PAMM accounts and copy trading.

Commissions

BrokerAlparixChief
Commissions
3.2/5
4.2/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.70.7
Commission per Lot$2.70$2.5

Alpari

Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.

Pros

  1. Low transaction fee for ECN accounts
  2. Loyalty program (CashBack)

Cons

  1. Spreads slightly above market average
  2. Inactivity fee for accounts

xChief

Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.

Pros

  1. Low commission per trade.
  2. Tight spreads.
  3. No inactivity fees and no withdrawal fees.

Cons

  1. High swaps.

Deposit and Withdrawal

BrokerAlparixChief
Rating
5/5
5/5
Account Funding Methods
  • Perfect Money
  • VLoad
  • AdvCash
  • WebMoney
  • Касса24
  • Neteller
  • Wallet One
  • Skrill
  • TC Pay
  • Swift
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • AdvCash
  • WebMoney
  • Perfect Money
  • FasaPay
  • SEPA
  • Credit and Debit Cards
  • Online banking

Alpari

Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.

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

BrokerAlparixChief
Markets and Products
4.5/5
4/5
Forex4639
Precious Metals22
Energy Carriers33
Indices1210
Stocks631100
Cryptocurrency95

Alpari

The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.

xChief

Forex Chief offers a respectable variety of trading instruments.

Pros

  1. Wide range of currency pairs and CFDs.
  2. Access to cryptocurrency trading.
  3. Flexible margin requirements.

Cons

  1. Lack of soft commodities.
  2. Limited number of stock CFDs.

Trading Platforms

BrokerAlparixChief
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5

Alpari

Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.

xChief

Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.

Pros

  1. Use of popular and proven MT4 and MT5 platforms.
  2. Availability of platforms on various OS (Windows, iOS, Android).

Cons

  1. Lack of proprietary unique platform.
  2. Limited selection of platforms compared to some competitors.

Analytics

BrokerAlparixChief
Rating
3/5
3/5

Alpari

Alpari provides daily expert market analysis, offering valuable insights for traders.

Pros

  1. In-depth daily reports.
  2. Expert analysis on market events.

Cons

  1. Limited range of analytical tools.
  2. Lack of real-time signals.

xChief

ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.

Pros

  1. Current central bank interest rates.
  2. Convenient trader's calculator.

Cons

  1. Outdated economic articles.
  2. Insufficient variety of analytical tools.

Education

BrokerAlparixChief
Rating
2/5
3/5

Alpari

No educational materials in English.

xChief

ForexChief's educational materials cover the basics, but do not offer in-depth training.

Pros

  1. Wide range of article topics for beginners.
  2. Various trading strategies and indicators are presented.

Cons

  1. Lack of more advanced materials.
  2. No video tutorials or webinars.

Customer Support

BrokerAlparixChief
Rating
3/5
4/5
Email Support
  • support@alpari.im
  • info@xchief.com
Hotline Phones
  • +44 2031 29-37-99
  • 8 800 200 01 31
  • +6281222062226
Social Media

Alpari

Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.

Pros

  1. Multiple contact methods.
  2. International phone support.

Cons

  1. No clear support hours.
  2. Mixed client reviews.

xChief

ForexChief support is well-organized and easily accessible, but has limited operating hours.

Alternatives to Alpari and xChief

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.