Holds your account
xChief Ltd
Licensed by the Mwali International Services Authority (MISA), Union of the Comoros
- License
- T2023379
- Company number
- HY00923433
FreeVirtual fundsLive market prices
Learn before you trade. Practice on a free demo.
Virtual funds, live market prices and real MT4 and MT5. Nothing to deposit.
- Free, no card needed
- Live market prices
- Go live only if you want
- You must be 18 or older.
4.8 Google Play4.7 App Store1.2M+ users
Demo results don't carry over to live trading. Trading leveraged products such as forex and CFDs is high risk, and you can lose all of your deposit.
Licensed group entities
MISA, FSCA and AFSA
15+ international awards
From 2024 to 2026
MetaTrader 4 and 5
Desktop, web and mobile
500K+ app downloads
Rated 4.7 and 4.8
The demo account
A safe place to make your first mistakes
Learn MT4 and MT5 without stress
Place orders, set stop loss levels and read charts until it all feels natural.
Test ideas on live prices
The demo streams real market prices, so you practice on the same moves live traders see.
See how margin and leverage behave
Watch how position size changes your margin and your risk before real money is involved.
Go live when you choose
Switching to a live account takes minutes. Nobody will rush you.
Practice with virtual funds and live prices
Free, with no deposit and no card needed. Go live only when you choose.
Your path
Three ways to build your skills
1
2
3
xChief Academy
Browse the AcademyGuides written for people starting out
Short lessons in plain language. Read one, then try it on your demo the same day.
Forex basics
Pairs, pips and lot sizes, and what actually moves a price.
Reading a chart
Candles, timeframes and the levels traders watch.
Managing risk
Stop loss orders, position size and how margin works.
Getting around MT4 and MT5
Opening, changing and closing trades, step by step.
Copy trading and PAMM
Prefer to follow experienced traders? You stay in control.
Copy trading and PAMM accounts let you follow strategies from seasoned traders while you decide how much to allocate and when to stop.
Copy trading
Mirror the trades of traders you choose
- Pick traders whose risk profile and methods match yours
- Set your own risk limits and how much to allocate
- Stop copying whenever you like
- From $50 on Classic+, DirectFX or xPRIME, on MT4 and MT5
No copy fee from xChief. The trader you follow may set a management or performance fee, and you see it before you subscribe.
PAMM accounts
Invest in a fund run by a manager
- Compare funds in the ratings before you join
- The manager trades the fund, so you don't need to trade yourself
- Managers can take a performance fee of up to 50 percent, so read each fund's terms
- Trade well yourself? Start your own fund on Classic+ or DirectFX from $100
Fund statistics show past results only. They are not a forecast.
Copy trading and PAMM carry the same market risk as trading yourself. You can lose money, and past performance is not a reliable indicator of future results.
Awards and recognition
Recognized worldwide. 15+ international awards.
Industry judges in Dubai, Abu Dhabi and Egypt have recognized xChief for value, trading experience, its Islamic account and its partner program. Here are some of the trophies, each with the event that awarded it.
International awardsFrom industry events in the UAE, Egypt and beyond, 2024 to 2026
2026Gazet International Awards 2026
The Highest Value Broker, Global
2026Gazet International Awards 2026
Best Online Forex and CFD Broker, MENA
2025ProFX Awards, Dubai 2025
Best Trading Experience Broker of the Year
2025Smart Vision Summit, Egypt 2025
Market Transformer of the Year
2025Forex Expo Dubai 2025
Best IBs Program
Best Islamic Forex Account
Join 1.2M+ users who trade with xChief
Trusted and regulated
A regulated broker, trusted since 2014
xChief started in 2014 as ForexChief and took its current name in 2023. More than 1.2 million users now trade with the group, supported from its Dubai headquarters and five regional offices. Every company in the group is licensed for the work it does, so you always know who holds your account.
12+
years in the markets
1.2M+
users worldwide
500K+
app downloads
15+
international awards
Intermediary
xChief ZA (Pty) Ltd
Authorized by the Financial Sector Conduct Authority (FSCA), South Africa
- FSP number
- 54829
- Role
- Introduces clients, never your counterparty
Professional clients
xChief Central Asia Ltd
Licensed by the Astana Financial Services Authority (AFSA), Astana International Financial Centre, Kazakhstan
- Who it serves
- Professional clients only
- Office
- Astana, Kazakhstan
Dubai headquartersKazakhstanSingaporeTürkiyeIndonesiaNigeria
Look up any license number above on the regulator's public register.
How your account is protected
Client money kept separate
Client funds are held apart from xChief's own money.
Negative balance protection
Measures that help stop your account from falling below zero.
A Book STP execution
Orders pass to liquidity providers. No dealing desk trades against you.
Cover for our technical faults
If a fault on xChief's side causes you a loss, you are compensated under our terms.
No xChief funding fees
Deposits and withdrawals cost nothing on our side.
24/7 support in 20+ languages
Live chat, Telegram, WhatsApp, email and phone, at any hour.
Practice with a licensed broker
Start on a free demo today. When you go live, your account sits with xChief Ltd, licensed by MISA under license T2023379.
When you're ready
Ready for real trades? Start small.
Keep your first live trades small while you get used to real money. A Cent account has no minimum deposit and lets you trade micro sizes. Classic+ opens from $10 with no commission.
Cent
- Minimum deposit
- None
- Trade sizes
- Micro
- Platform
- MT4
Classic+
- Minimum deposit
- $10
- Commission
- None
- Platforms
- MT4, MT5
Platforms and app
Practice on MT4, MT5 or the xChief app
The demo runs on the same platforms our live clients use, so everything you learn carries over when you go live.
MetaTrader 4
The classic platform. Windows, macOS, web, iOS and Android.
MetaTrader 5
More timeframes and order types, on every device.
xChief app
Open and verify your account, deposit, withdraw and trade on iOS and Android.
Desktop, web and mobile
How it works
Your demo in four steps
- 1
Request your demo
Share your name, email and country on the xChief website. That's all we need.
- 2
Check your inbox
Your MT4 or MT5 demo account details arrive by email.
- 3
Open the platform
Download MT4 or MT5, or trade in your browser with WebTerminal.
- 4
Practice, then decide
Learn at your own pace and go live only when you want to.
Start my free demo
Practice on your phone too, with the MetaTrader 4 and 5 mobile apps.
FAQ
Questions beginners ask us
Is the demo account really free?
Yes. It's free and runs on virtual funds, so there is nothing to deposit and no card to add.
Are demo prices real?
Yes, the demo uses live market prices. Live trading can still feel different, and fills on a live account can differ from the demo.
How do I move from demo to live?
Open a live account from your Personal Area whenever you're ready. It only takes a few minutes.
Do I need experience to start?
No. The demo and the Academy are made for beginners. Start there and take it one step at a time.
What is copy trading?
You choose traders to follow, and their trades are copied to your account in the amounts you set. You can change your settings or stop at any time.
What is a PAMM account?
A PAMM account pools money from investors into a fund traded by a manager. Results are shared in proportion to each investor's allocation, and the manager takes a performance fee set in the fund's terms.
Can I lose money with copy trading or PAMM?
Yes. You take on the same market risk as the trader or manager you follow. Only allocate money you can afford to lose.
Has xChief won any awards?
Yes, more than 15 international awards. Recent ones include The Highest Value Broker Global 2026 and Best Online Forex and CFD Broker MENA 2026 at the Gazet International Awards, Best Trading Experience Broker of the Year at the ProFX Awards Dubai 2025, and Best IBs Program and Best Islamic Forex Account at Forex Expo Dubai 2025.
Start practicing today
Free demo, live prices, no deposit. Go live only when you're ready.
- Free, with no deposit
- 15+ international awards
- 24/7 support in 20+ languages
- 4.8 on Google Play
Demo results don't carry over to live trading. Trading leveraged products such as forex and CFDs is high risk, and you can lose all of your deposit.