Holds your account
xChief Ltd
Licensed by the Mwali International Services Authority (MISA), Union of the Comoros
- License
- T2023379
- Company number
- HY00923433
New clientsTerms applyClassic+, DirectFX, xPRIME
A welcome offer for new clients.
We match your first deposit up to $500. Every term is written plainly below.
- Deposit from $50
- Matched up to $500
- Volume target applies
- You must be 18 or older.
4.8 Google Play4.7 App Store1.2M+ users
Bonus funds come with a trading volume target. 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 offer
Read the full welcome bonus termsHow the welcome offer works
The match
We match your first deposit, up to $500
Minimum deposit
$50
Eligible accounts
Classic+, DirectFX or xPRIME
How to claim
Tick Enroll Welcome Bonus when you make your first deposit
Withdrawing the bonus
Once your trading volume reaches 50,000 times the bonus amount in USD
If your equity drops
If equity falls to the bonus amount, the bonus is cancelled, which can trigger a stop out
Example
A $200 bonus becomes withdrawable after $10,000,000 in trading volume. For the full $500, that's $25,000,000.
Is a bonus right for you?
Bonuses come with volume targets. If you don't plan to trade that much, skip it. Your account works exactly the same without one.
How to claim
Claim it in four steps
- 1
Apply online
Fill in a short application to create your Personal Area.
- 2
Verify your identity
Upload your ID in the Personal Area or the xChief app.
- 3
Open your account
Choose Classic+, DirectFX or xPRIME.
- 4
Deposit and tick the box
Deposit $50 or more and tick Enroll Welcome Bonus. It can't be added later.
More for new clients
A few more reasons to start here
Each of these has its own terms. Read them before you decide.
Deposit insurance, 30 percent
On DirectFX and xPRIME with a first deposit of $2,000 or more, a payout of 30 percent of your initial deposit, up to $10,000, can be credited if your deposit is partly or fully lost. The payout becomes withdrawable after a trading volume target, and the program can't run alongside an active bonus or trading credit.
Trading contests
Join the xChief trading community in contests built on skill, like the Traders World Cup 2026 and Gold Whale. Every contest has its own rules and dates.
Free demo. Practice first with virtual funds and live prices. Open a free demo
Zero funding fees. No xChief fees on deposits and withdrawals. Your provider may charge its own fee.
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.
An offer backed by a licensed broker
Your account and your bonus sit with xChief Ltd, licensed by MISA under license T2023379. Read the terms, then claim your offer.
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
Platforms and app
Trade on MT4, MT5 or the xChief app
Use the platform you already know on any device, and manage your account, offers and payments in the xChief app.
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
FAQ
Questions about the welcome offer
Who can get the welcome offer?
New clients opening their first Classic+, DirectFX or xPRIME account with a first deposit of $50 or more. Availability can depend on your country.
How do I claim it?
Tick Enroll Welcome Bonus when you make your first deposit. It can't be added later.
When can I withdraw the bonus itself?
Once your trading volume reaches 50,000 times the bonus in USD. For a $500 bonus that's $25,000,000 in volume. What you can withdraw while the bonus is active follows the formula in the terms, so read them before you deposit.
What happens if my account goes into drawdown?
The bonus can't be used to cover a drawdown. If your equity falls to the bonus amount, the bonus is cancelled, which can trigger a stop out.
Can I combine offers?
Deposit insurance needs an account with no active bonus or trading credit, so it can't run alongside the welcome bonus. Each offer's terms list its own limits.
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.
Is xChief regulated?
Yes. Client accounts are held with xChief Ltd, licensed by the Mwali International Services Authority under license T2023379. The group also includes xChief ZA (Pty) Ltd, authorized by the FSCA in South Africa as an intermediary (FSP 54829), and xChief Central Asia Ltd, licensed by AFSA in Kazakhstan for professional clients.
Start with a welcome offer
Open your first account, deposit from $50 and tick Enroll Welcome Bonus. Terms apply.
- Licensed by MISA, license T2023379
- 15+ international awards
- Full offer terms on this page
- 24/7 support in 20+ languages
Bonus funds come with a trading volume target. Trading leveraged products such as forex and CFDs is high risk, and you can lose all of your deposit.