Comparison of RoboForex and xChief
| Feature | RoboForex | xChief |
|---|---|---|
| Broker | ||
| Year Founded | 2009 | 2014 |
| Broker Type | MM, STP, ECN | STP, ECN |
| Dealing | A-book, B-book | A-book |
| Execution | Market | Market |
| Regulation | BFSC | MISA, ASIC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:1000 |
| Minimum Deposit | $10 | $1 |
| Base Currencies | USD, EUR, CNY, XAU | USD, EUR, GBP |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Financialcommission.org | - |
| Protection Size | €20 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✔ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies, CFDs |
| Review | RoboForex Review | xChief Review |
About RoboForex
RoboForex is a well-established Forex broker founded in 2009, offering a comprehensive range of trading services to both novice and experienced traders worldwide. Renowned for its diverse account types, including ECN and Prime accounts, RoboForex provides access to a wide array of financial instruments such as Forex, stocks, and CFDs. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary R StocksTrader platform, ensuring flexibility and advanced trading capabilities. With competitive spreads, various leverage options, and a robust regulatory framework under the Belize Financial Services Commission (BFSC), RoboForex emphasizes security, transparency, and user-friendly services. Additionally, it offers educational resources, automated trading solutions, and responsive customer support, making it a versatile choice for traders seeking a reliable and feature-rich trading environment.
Pros
- Offers multiple account options
- Access to over 12,000 financial instruments
- Supports popular platforms like MetaTrader 4, MetaTrader 5, and the proprietary R StocksTrader platform
- Offers competitive spreads and high leverage options
- Provides a wealth of educational materials
- Compatible with various automated trading systems and APIs
- Offers 24/5 multilingual customer support through live chat, email, and phone, ensuring timely assistance
- Regularly features promotional offers and bonuses
Cons
- Regulation solely by the BFSC, which may be considered less stringent compared to other major regulatory bodies like FCA or CySEC
- Lack of fixed spread account options might be a drawback for traders who prefer consistent spreads irrespective of market conditions
About xChief
xChief is an international multi-asset broker established in 2014 (formerly ForexChief). Regulated by MISA (Comoros) and ASIC (Australia), it offers MetaTrader 4/5, a mobile app, spreads from 0 pips, leverage up to 1:1000, cent accounts, PAMM/MAM, copy trading, a $100 no-deposit bonus and a welcome bonus up to $500.
Pros
- Low minimum deposit
- Tight spreads
- High leverage
- MT4/MT5 support and copy trading
- Up to $600 in combined bonuses
Cons
- Limited educational resources
- Customer support can be slow
- Bonus terms require high turnover
RoboForex & xChief Regulation
| Feature | RoboForex | xChief |
|---|---|---|
Companies | RoboForex Ltd | xChief Ltd, xChief Pty Ltd |
Countries | Belize | Comoros, Australia |
Regulators | BFSC | MISA, ASIC |
Investor Protection | Financialcommission.org | - |
Investor Protection Size | €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
RoboForex
RoboForex Ltd
xChief
xChief Ltd, xChief Pty Ltd
Countries
RoboForex
Belize
xChief
Comoros, Australia
Regulators
RoboForex
BFSC
xChief
MISA, ASIC
Investor Protection
RoboForex
Financialcommission.org
xChief
-
Investor Protection Size
RoboForex
€20 000
xChief
-
Publicly Traded
RoboForex
xChief
Segregated Accounts
RoboForex
xChief
Guaranteed Stop Loss
RoboForex
xChief
Negative Balance Protection
RoboForex
xChief
Account Types
| Account | RoboForex | xChief |
|---|---|---|
STP Account | ||
| Account Name | Pro | Classic+ |
| Min Deposit | $10 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.3 | 0.6 |
| Fee | No | No |
| Max Leverage | 1:2000 | 1:1000 |
| Stop Out | 20% | 30% |
| Margin Call | 50% | 50% |
ECN Account | ||
| Account Name | ECN | DirectFX |
| Min Deposit | $10 | $50 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.1 | 0.3 |
| Fee | $4 per 1 lot | $5 per 1 lot |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 40% | 30% |
| Margin Call | 60% | 50% |
Zero Account | ||
| Account Name | Prime | xPRIME |
| Min Deposit | $10 | $2000 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $2 per 1 lot | $6 per 1 lot |
| Max Leverage | 1:300 | 1:1000 |
| Stop Out | 100% | 50% |
| Margin Call | 100% | 100% |
Cent Account | ||
| Account Name | Pro-Cent | CENT |
| Min Deposit | $10 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.3 | 0.9 |
| Fee | No | No |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 40% | 30% |
| Margin Call | 20% | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
RoboForex
Pro
xChief
Classic+
Min Deposit
RoboForex
$10
xChief
$10
Lot Size
RoboForex
0.01
xChief
0.01
Spread Type
RoboForex
Floating
xChief
Floating
Execution
RoboForex
Market
xChief
Market
Min Spread
RoboForex
1.3
xChief
0.6
Fee
RoboForex
No
xChief
No
Max Leverage
RoboForex
1:2000
xChief
1:1000
Stop Out
RoboForex
20%
xChief
30%
Margin Call
RoboForex
50%
xChief
50%
ECN Account
Account Name
RoboForex
ECN
xChief
DirectFX
Min Deposit
RoboForex
$10
xChief
$50
Lot Size
RoboForex
0.01
xChief
0.01
Spread Type
RoboForex
Floating
xChief
Floating
Execution
RoboForex
Market
xChief
Market
Min Spread
RoboForex
0.1
xChief
0.3
Fee
RoboForex
$4 per 1 lot
xChief
$5 per 1 lot
Max Leverage
RoboForex
1:500
xChief
1:1000
Stop Out
RoboForex
40%
xChief
30%
Margin Call
RoboForex
60%
xChief
50%
Zero Account
Account Name
RoboForex
Prime
xChief
xPRIME
Min Deposit
RoboForex
$10
xChief
$2000
Lot Size
RoboForex
0.01
xChief
0.01
Spread Type
RoboForex
Floating
xChief
Floating
Execution
RoboForex
Market
xChief
Market
Min Spread
RoboForex
0
xChief
0
Fee
RoboForex
$2 per 1 lot
xChief
$6 per 1 lot
Max Leverage
RoboForex
1:300
xChief
1:1000
Stop Out
RoboForex
100%
xChief
50%
Margin Call
RoboForex
100%
xChief
100%
Cent Account
Account Name
RoboForex
Pro-Cent
xChief
CENT
Min Deposit
RoboForex
$10
xChief
$1
Lot Size
RoboForex
0.01
xChief
0.01
Spread Type
RoboForex
Floating
xChief
Floating
Execution
RoboForex
Market
xChief
Market
Min Spread
RoboForex
1.3
xChief
0.9
Fee
RoboForex
No
xChief
No
Max Leverage
RoboForex
1:2000
xChief
1:500
Stop Out
RoboForex
40%
xChief
30%
Margin Call
RoboForex
20%
xChief
50%
Additional Features
Demo Account
RoboForex
xChief
VIP Account
RoboForex
xChief
Swap-Free Account
RoboForex
xChief
Copy Trading
RoboForex
xChief
VPS
RoboForex
xChief
PAMM/MAM Accounts
RoboForex
xChief
Funding and Fees
| Feature | RoboForex | xChief |
|---|---|---|
Base currencies | USD, EUR, CNY, XAU | USD, EUR, GBP |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
RoboForex
USD, EUR, CNY, XAU
xChief
USD, EUR, GBP
Deposit and withdrawal methods
RoboForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag
xChief
Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money
Inactivity fee
RoboForex
xChief
Interest on margin
RoboForex
xChief
Withdrawal fee
RoboForex
xChief
Trading Platforms and Conditions
| Feature | RoboForex | xChief |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 40 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
RoboForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
xChief
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
RoboForex
40 ms
xChief
10 ms
Scalping
RoboForex
xChief
Expert Advisors (EAs)
RoboForex
xChief
Depth of Market (DOM)
RoboForex
xChief
Spread
RoboForex
low
xChief
low
Trading Assets
| Asset | RoboForex | xChief |
|---|---|---|
Currencies | 33 | 39 |
Indices | 12 | 10 |
Stocks | 8400 | 100 |
Cryptocurrencies | 11 | 5 |
Bonds | 0 | 0 |
Metals | 5 | 2 |
Energies | 2 | 3 |
Soft Commodities | 4 | 0 |
ETFs | 19 | 0 |
Currencies
RoboForex
33
xChief
39
Indices
RoboForex
12
xChief
10
Stocks
RoboForex
8400
xChief
100
Cryptocurrencies
RoboForex
11
xChief
5
Bonds
RoboForex
0
xChief
0
Metals
RoboForex
5
xChief
2
Energies
RoboForex
2
xChief
3
Soft Commodities
RoboForex
4
xChief
0
ETFs
RoboForex
19
xChief
0
Education and Analytics
| Feature | RoboForex | xChief |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
RoboForex
xChief
Indicators
RoboForex
xChief
Robots
RoboForex
xChief
Signals
RoboForex
xChief
Autochartist
RoboForex
xChief
Expert Analytics
RoboForex
xChief
News Feed
RoboForex
xChief
Education Articles
RoboForex
xChief
Webinars
RoboForex
xChief
Seminars
RoboForex
xChief
Bonuses
| Bonus | RoboForex | xChief |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | $30 | 100%, up to $500 |
| Details | Learn More | Learn More |
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $100 |
| Details | — | Learn More |
Welcome Bonus
Is available
RoboForex
xChief
Size
RoboForex
$30
xChief
100%, up to $500
Details
RoboForex
xChief
No Deposit Bonus
Is available
RoboForex
xChief
Size
RoboForex
—
xChief
$100
Details
RoboForex
—
xChief
Contests
| Feature | RoboForex | xChief |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
RoboForex
xChief
Contests List
RoboForex
—
xChief
- Gold WhaleStart Balance: $100 · Prize Pool: $5000 · Period: MonthlyLearn More
Customer Support
| Contact | RoboForex | xChief |
|---|---|---|
Email | info@roboforex.com | support@xchief.com |
Phone | +593964256286 | +6180936512 |
Telegram | Telegram | — |
Facebook | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — |
Email
RoboForex
xChief
Phone
RoboForex
xChief
Telegram
RoboForex
xChief
—
Facebook
RoboForex
xChief
—
YouTube
RoboForex
xChief
—
Instagram
RoboForex
xChief
—
Twitter
RoboForex
xChief
—
Which Broker is Better?
After comparing RoboForex and xChief, RoboForex comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.