Broker comparison

xChief vs Forex4you Comparison

Compare trading conditions, commissions and platforms of Forex brokers xChief and Forex4you. Find out which broker is best for you.

VS summaryScores and ranking at a glance
xChiefHigher ranked
Rating
4.2/5
Rank
#44
Register

Trading CFDs carries high risks. You may lose all invested funds

Forex4you
Rating
3.8/5
Rank
#61
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - xChief or Forex4you?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

xChief ranks higher in the editorial ranking.
xChief
Rating: 4.2/5Rank: #44
Forex4you
Rating: 3.8/5Rank: #61

xChief

Different platforms
None listed
Different markets
  • Energy Carriers
  • Cryptocurrency

Forex4you

Different platforms
  • Forex4you
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of xChief and Forex4you

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Overview: comparison of xChief, Forex4you
BrokerxChiefForex4you
Foundation Year
2014
2007
Regulated in Countries
Comoros, South Africa, Kazakhstan
British Virgin Islands, Saint Vincent and the Grenadines, Belarus
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 USD
Spread
from 0 points
from 0.1 points
Max Leverage
1:1000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Indices
  • Stocks
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you
Review

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

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. Weak analytical section.
  2. No educational courses and webinars for beginner traders.

xChief is in the top 10 of the following ratings:

Forex4you Review

Forex4you Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Indices Stocks
Trading Platforms
MetaTrader 4MetaTrader 5Forex4you

Forex4you is a broker with years of experience in the market, offering its clients a variety of trading instruments and platforms. On one hand, the broker provides exciting opportunities such as the Cashback program and various analytical tools. On the other hand, certain aspects, such as commissions and limited deposit methods, may pose particular difficulties for traders.

Forex4you is probably most suitable for intermediate and experienced traders looking for flexibility in choosing trading platforms and value analytical tools.

Pros and Cons of Forex4you

Pros

  1. Variety of trading accounts.
  2. Cashback program.
  3. Variety of trading platforms.
  4. Many analytical tools.
  5. Fast and professional response of the support service.

Cons

  1. Swaps are above the market average.
  2. Limited deposit methods.
  3. Limited product selection.

Forex4you is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of xChief, Forex4you
BrokerxChiefForex4you
Reliability
4/5
4/5
Foundation Year
2014
2007
Regulated in Countries
Comoros, South Africa, Kazakhstan
British Virgin Islands, Saint Vincent and the Grenadines, Belarus
Regulators

xChief

xChief’s reliability can be rated as average. The group holds MISA, FSCA, and AFSA licences, but most retail clients are served by the offshore entity XCHIEF LTD, which provides a limited level of protection.

Pros

  1. The group includes several regulated entities.
  2. Holds FSCA and AFSA licences.

Cons

  1. Most retail accounts are regulated by MISA.

Forex4you

Forex4you broker is registered in the British Virgin Islands, St. Vincent and the Grenadines, and Belarus.

Pros

  1. International regulation (BVIFSC and SVGFSA).
  2. Regulation by the National Bank of the Republic of Belarus.

Cons

  1. Lack of regulation in major financial centers (e.g., EU or USA).

Account Opening

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Account Opening: comparison of xChief, Forex4you
BrokerxChiefForex4you
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR

xChief

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

Forex4you

Opening an account with the broker is simple and convenient. Intuitive website navigation and quick access to the personal account area make the process extremely user-friendly.

Pros

  1. Simple registration form.
  2. Intuitive website navigation.
  3. Quick login to the personal account from the homepage.

Account Types

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Account Types: comparison of xChief, Forex4you
BrokerxChiefForex4you
Account Types
5/5
5/5
Trading Accounts
  • CENT
  • Classic+
  • DirectFX
  • xPRIME
  • Classic Standard
  • Classic Fixed
  • Classic Pro
  • Cent Fixed
  • Cent Pro
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR
Spread
from 0 points
from 0.1 points
Max Leverage
1:1000
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Indices
  • Stocks
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

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.

Forex4you

Forex4you offers a variety of accounts, meeting the needs from beginners to professionals.

Pros

  1. Cent accounts for beginners.
  2. Trading accounts for experienced and professional traders.
  3. Own copy trading service Share4you

Commissions

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Commissions: comparison of xChief, Forex4you
BrokerxChiefForex4you
Commissions
4.2/5
2.2/5
Spread
from 0 points
from 0.1 points
Average Spread (EURUSD)
0.7
0.2
Commission
per 1 lot$2.50
per 1 lot$3.50

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.

Forex4you

Forex4you's commissions are above average.

Pros

  1. Cashback program available

Cons

  1. High commission per lot on Classic Pro account.
  2. Swaps higher than most competitors.
  3. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of xChief, Forex4you
BrokerxChiefForex4you
Rating
5/5
3/5
Account Funding Methods
  • Skrill
  • Neteller
  • Volet
  • WebMoney
  • FasaPay
  • SEPA
  • Credit and Debit Cards
  • Online banking
  • Neteller
  • Skrill
  • Visa
  • Mastercard

xChief

ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.

Forex4you

Forex4you offers convenient conditions for depositing and withdrawing funds via bank cards, but the choice of methods is limited.

Pros

  1. 0% commission for deposits and withdrawals.
  2. Instant credit on deposits.

Cons

  1. Lack of cryptocurrencies.
  2. No bank transfer option.
  3. Withdrawal time up to 6 business days.

Markets and Products

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Markets and Products: comparison of xChief, Forex4you
BrokerxChiefForex4you
Markets and Products
4/5
3.2/5
Forex
39
40
Precious Metals
2
2
Energy Carriers
3
-
Indices
10
13
Stocks
100
89
Cryptocurrency
5
-

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.

Forex4you

Forex4you offers a variety of markets, but the product range is limited compared to competitors.

Pros

  1. Wide selection of currency pairs.
  2. Diverse markets.

Cons

  1. Lack of energy carriers and soft commodities.
  2. Overall number of CFDs below market standards.

Trading Platforms

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Trading Platforms: comparison of xChief, Forex4you
BrokerxChiefForex4you
Rating
4/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you

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.

Forex4you

Forex4you offers high-quality and functional trading platforms, ensuring comfortable trading.

Pros

  1. Availability of popular platforms MT4 and MT5.
  2. Proprietary development - the Forex4you platform.
  3. Mobile versions for trading on the go.

Analytics

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Analytics: comparison of xChief, Forex4you
BrokerxChiefForex4you
Rating
3/5
4/5

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.

Forex4you

Forex4you offers a wide range of analytical tools, providing traders with quality data for decision making.

Pros

  1. Extensive set of tools: news, technical analysis, economic calendar.
  2. Access to professional services such as Autochartist.

Cons

  1. Lack of in-depth fundamental analysis.

Education

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Education: comparison of xChief, Forex4you
BrokerxChiefForex4you
Rating
3/5
5/5

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.

Forex4you

Forex4you training materials offer a comprehensive approach to learning with a wide range of topics and formats suitable for beginners and experienced traders.

Customer Support

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Customer Support: comparison of xChief, Forex4you
BrokerxChiefForex4you
Rating
4/5
3.5/5
Email Support
Hotline Phones
Social Media

xChief

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

Forex4you

Forex4you's customer support provides a mixed experience, with quick response but also issues in some cases.

Pros

  1. Variety of communication channels.
  2. Quick response in chat and via email.
  3. Professionalism of the staff.

Cons

  1. Negative reviews about account freezing.
  2. Issues with fund withdrawal for some clients.

Comparisons of xChief and Forex4you with other brokers

Conclusion

When choosing between xChief and Forex4you, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: xChief or Forex4you?

xChief ranks higher than Forex4you in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: xChief or Forex4you?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — xChief or Forex4you?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with xChief and Forex4you?

xChief: MetaTrader 4, MetaTrader 5. Forex4you: MetaTrader 4, MetaTrader 5, Forex4you. See the “Platforms” section for details and selection tips.

What markets can you trade with xChief and Forex4you?

xChief: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Forex4you: Forex, Precious Metals, Indices, Stocks. Full lists and differences are in the “Markets” section.

What account types are offered by xChief and Forex4you?

xChief: CENT, Classic+, DirectFX, xPRIME. Forex4you: Classic Standard, Classic Fixed, Classic Pro, Cent Fixed, Cent Pro. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by xChief and Forex4you?

xChief: Skrill, Neteller, Volet, WebMoney, FasaPay, SEPA, Credit and Debit Cards, Online banking. Forex4you: Neteller, Skrill, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — xChief or Forex4you — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

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.