Exness 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 Exness and xChief
| Broker | Exness | xChief |
|---|---|---|
| Rating | 4.3/5 | 4.1/5 |
| Foundation Year | 2008 | 2014 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Comoros |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Exness Review | xChief Review |
Exness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.
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
Exness Review
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
Exness 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 | Exness | xChief |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 2008 | 2014 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Comoros |
| Regulators | FCA FCA SFSA SFSA FSCA FSCA FSC FSC BVIFSC BVIFSC CySEC CySEC CBCS CBCS CMA CMA | MISA MISA |
Exness
The reliability of Exness broker is confirmed by multiple licenses.
xChief
ForexChief is of medium credibility, having a license from a body in an offshore jurisdiction.
Account Opening
| Broker | Exness | xChief |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Exness
The account opening process at Exness is simple and accessible.
Pros
- Minimum deposit of just 10 USD.
- Simple and fast registration process.
- Verification within 24 hours.
Cons
- Lack of Russian language support.
- Restrictions for residents of certain countries.
xChief
Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.
Account Types
| Broker | Exness | xChief |
|---|---|---|
| Account Types | 4.5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Exness
Exness offers a variety of accounts that meet the needs of most traders.
Pros
- Wide selection of accounts for different types of traders.
- Options with low and zero spreads.
- Accounts for beginners and professionals.
Cons
- Absence of fixed spread accounts.
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 | Exness | xChief |
|---|---|---|
| Commissions | 3.5/5 | 4.2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1 | 0.7 |
| Commission per Lot | $3.5 | $2.5 |
Exness
Exness offers average market commissions with some advantages in swaps and no 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 | Exness | xChief |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
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Exness
Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.
Pros
- Instant 24/7 fund withdrawal.
- Low or no commission fees.
- Funds credited within 30 minutes.
Cons
- No bank transfers.
- Absence of cryptocurrencies as a payment method.
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 | Exness | xChief |
|---|---|---|
| Markets and Products | 4/5 | 4/5 |
| Forex | 95 | 39 |
| Precious Metals | 15 | 2 |
| Energy Carriers | 3 | 3 |
| Indices | 10 | 10 |
| Stocks | 98 | 100 |
| Cryptocurrency | 11 | 5 |
Exness
Exness offers a variety of markets, but with a limited selection of products.
Pros
- 95 currency pairs.
- Variable leverage options.
- Access to CFDs on stocks and metals.
Cons
- No soft commodities.
- Average number of available CFDs.
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 | Exness | xChief |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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Exness
Exness offers a variety of platforms that meet the needs of different traders.
Pros
- Availability of a mobile application.
- Web platform without the need for installation.
- Support for popular MT4 and MT5.
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 | Exness | xChief |
|---|---|---|
| Rating | 4.5/5 | 3/5 |
Exness
Exness offers a variety of analytical tools suitable for different strategies.
Pros
- News from Dow Jones.
- Reviews from Trading Central.
- Personalized economic calendar.
Cons
- Lack of analytics from own experts.
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 | Exness | xChief |
|---|---|---|
| Rating | 2/5 | 3/5 |
Exness
Exness's educational materials are limited to the Help Center section, without additional resources.
Pros
- Answers to popular questions.
Cons
- Lack of webinars and video tutorials.
- Shortage of comprehensive materials.
- Not suitable for in-depth learning.
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 | Exness | xChief |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
YouTube
Facebook
Instagram
TelegramExness
Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.
Pros
- 24/7 support in major languages.
- Multiple channels of communication (chat, email, phone).
- Global presence with offices in different countries.
xChief
ForexChief support is well-organized and easily accessible, but has limited operating hours.
