xChief: MetaTrader accounts, copy trading and promotional credit

This profile covers the international xchief.com offer checked on 20 October 2026. New accounts are routed to the Comoros operator; the South African company describes an intermediary role.[2]

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The agreement describes principal-to-client OTC CFDs without delivery or underlying ownership.[5]

The MT5 desktop page mentions data export; the Android page describes a transaction log. File formats, tax certificates and cross-device persistence of custom chart layouts were not established in the broker’s public documentation.[8][10]

The specification page exposed column headings but no populated instrument rows. A current EUR/USD minimum/average spread and gold or oil contract size therefore remain unresolved; the account-wide spread floors above cannot supply an instrument-specific all-in price.[4]

Swaps post at 23:59 server time, converted to account currency. Triple swaps apply Wednesday for FX/metals and Friday for other instruments.[5]

Swap-free eligibility is limited to Muslim clients in specified countries on MT5 Classic+, DirectFX and xPRIME, excluding PAMM. It covers 29 listed FX pairs plus gold and silver; other instruments retain swaps. The company may remove the status for positions held beyond seven days or carry strategies, and retrospectively charge swaps. Activation is through account settings.[7]

March 2026 terms contain unresolved timing contradictions: inactivity is written as “six (3)” months; immediate termination as “twelve (6)” months. The charge is USD 20 once, then USD 20 monthly per inactive account, capped at its remaining balance. Fee liability continues until a valid withdrawal request and zero balance. Account deactivation is separate from the charge.[5]

Telephone orders are discretionary and identity-dependent. During exceptional outages, the contract permits service and withdrawal suspension.[5]

Withdrawals normally return to the original source; documentary checks may delay them. Third-party deposits are returned.[5]

A 16 December 2025 notice removes the broker’s USDT-TRC20 withdrawal commission above USD 30 and sets USD 2 below USD 30. It leaves exactly USD 30 unspecified. This notice is not a fee promise for other networks or payment methods.[14]

The execution policy promises a zero-balance reset for retail and professional clients.[6]

The contract permits pooled segregated money, warns of other-client and bank risks, and restricts suspected negative-balance-protection abuse.[5]

Access-code instructions bind the client; suspected compromise must be reported promptly.[5]

Ordinary queries are typically handled within 48 business hours; the formal complaints procedure allows 14 calendar days from receipt for a response. It names MISA as a further route after an unsatisfactory response. The external authority issue is addressed in the company section.[15]

Copy trading uses Classic+, DirectFX or xPRIME, with a general USD 50 starting amount; providers may require more. xChief states no separate copying fee of its own, while providers may charge management, performance or registration fees. Trading charges still apply.[17]

The user guide distinguishes suspending a subscription from unsubscribing. Risk rules can close all trades or only losing trades. Its unsubscribe example leaves profitable trades open and outside the copier’s control: the investor must manage those positions in MetaTrader. Registration uses a trading account’s master password, not its read-only investor password. The guide’s private-link example requires USD 200, so the provider’s actual offer matters.[18]

PAMM investment funds use Classic+ or DirectFX. A manager activates a fund after identity checks and a minimum USD 100 contribution, and may set remuneration up to 50% of profits. The public service page does not specify the investor’s full withdrawal, rollover or early-exit timetable.[19]

Trading credits apply to MT5 Classic+, DirectFX and xPRIME. A deposit may attract 10–70% credit, with USD 20,000 aggregate active credit per client. It is interest-free margin support, not withdrawable cash or loss absorption: when equity reaches credit, the credit disappears and positions are forcibly closed. Available withdrawal equals free margin minus credit minus the deposits that generated active credits. Cancelling the credit in the Personal Area removes that restriction.[20]

The welcome offer credits 100% of an initial deposit of at least USD 50, capped at USD 500, on eligible MT5 accounts. Select it on the first deposit. It has no expiry, but cash conversion requires USD notional turnover equal to bonus × 50,000, counting both opening and closing transactions. A USD 200 bonus therefore requires USD 10 million turnover, not a fixed lot count. Profits remain withdrawable only within the formula: free margin minus bonus minus qualifying deposit. Equity at or below bonus cancels the credit and forces close-out. Cancellation releases the withdrawal restriction; suspected abuse may also cancel the offer.[21]

The standard no-deposit offer is USD 100, claimed once after KYC through the app. Cash withdrawal requires 30 qualifying lots within 30 days, restricted to the listed FX pairs, gold and silver and their duration/minimum-point rules. Withdrawal is capped at USD 100; remaining profits are deducted after that withdrawal. Missing turnover cancels both bonus and profits. Bonus-exploitation strategies and repeat/associated-person claims may be rejected. Country exclusions are extensive, and higher partner offers have separate eligibility. The public specification rows needed to verify the exact duration/point thresholds were unavailable.[22]

The current disclosure identifies XCHIEF LTD as website operator and product supplier. XCHIEF ZA expressly says it is neither product issuer nor transaction counterparty. Its claimed South African permission must therefore not be read as moving the Comoros contract into South African custody or compensation arrangements.[2]

The FSCA search interface was accessible, but a current firm-specific result was not retrieved. The structured licence entries retain company-claimed numbers with unverified status.[25]

Comoros’s central bank disputes MISA’s authority to license banks and financial institutions. Its notice does not name xChief.[26]

The brand’s legacy ForexChief naming survives in its Android package identifier. A May 2024 company notice records a MetaTrader server-name change effective 29 April, with automatic terminal updating and revised web-terminal links. That technical migration is not evidence of a transfer of contracts or client protections.[24][12]