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Head to head

Wingo Markets vs XChief

Wingo Markets has no licence we could confirm on a regulator's register. XChief has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at Wingo Markets and $0 at XChief (the xPRIME account needs $500). Only XChief offers negative balance protection and segregated client money.

Facts last checked: Wingo Markets on 20 October 2026, XChief on 20 October 2026.

Wingo Markets profileXChief profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
Wingo MarketsRead the profile
XChiefRead the profile
Comparing
Wingo Markets
XChiefxPRIME account

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Podgorica, Montenegro (registered office); company incorporated in Mwali, Comoros
Fomboni, Mwali (Comoros)
Official websites
  • wingomarkets.com
  • clientx.wingomarkets.com
  • xchief.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
No licence listed
Regulator
No licence listed
No licence listed
Regulation level
No licence listed
No licence listed
Licence number
No licence listed
No licence listed
Clients this company serves
No licence listed
No licence listed
All licences held
None listed
None listed
Segregated client money
No
Yes
Negative balance protection
No
Yes
Compensation scheme
None
None

Costs

Your monthly cost
No accounts listed
$70$7 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.1 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.3 pips
Typical USD/JPY spread
Not yet checked
0.2 pips
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
1:500
Up to 1:1000 on forex (lower as account equity rises)
Retail leverage by asset class
Not yet checked
  • Forex (equity under $3: 1:1000
  • Metals (equity under $3: 1:500
  • Commodities and indices (equity under $3: 1:50
  • Cryptocurrencies: 1:5
  • US shares: 1:2
Margin call level
100%
Not yet checked
Stop-out level
30%
30% (CENT, Classic+, DirectFX); 50% (xPRIME)

Account

Minimum deposit (this account)
No accounts listed
$500
Base currencies
No accounts listed
USD, EUR, GBP
Execution
No accounts listed
Market execution, MetaTrader 5, $3 / €3 / £3 commission per side on forex and metals

Platforms and features

Platforms
  • MetaTrader 5
  • Web platform
  • Mobile app
  • MetaTrader 4
  • MetaTrader 5
  • xChief mobile app
Markets
Forex, metals, oil, indices, crypto and share CFDs (the broker says 1,000+ instruments)
Up to 32 currency pairs, metals, commodities, indices, cryptocurrencies and 95 US share CFDs (xPRIME account)
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
Not yet checked
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Wingo Pay
  • Mastercard
  • USDT (TRC20)
  • USDT (BEP20)
  • Volet
  • AdvCash
  • Bank transfer (SWIFT
  • SEPA
  • FPS)
  • Cryptocurrency
Withdrawal fee
Not yet checked
The deposit page lists 0% for bank transfer and crypto; the agreement allows extra fees if you deposit and withdraw without trading
Inactivity fee
Not yet checked
$20 one-off, then $20 a month, while an account is inactive

Support

Customer support
Phone, email and Telegram
24/7 by live chat, Telegram, WhatsApp, Viber and email

Our notes

Strengths
  • Low published minimum deposit ($50 on the Starter account)
  • Account conditions, margin call and stop-out levels are published for every account
  • Social trading account for copying other traders
  • Four account types, including a cent account with no minimum deposit
  • Negative balance protection and segregated client money are stated in its risk disclosure
  • Leverage is cut automatically as account equity grows, which limits the size of positions on larger accounts
Watch out for
  • Says it holds International Brokerage and Clearing House licence T2023302 from the Mwali International Services Authority (MISA); we could not confirm it on MISA's register on 2026-10-20 because the register site blocked our access.
  • The Central Bank of the Comoros said on 8 December 2025 that MISA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • FinCEN registration as a money services business is an anti-money-laundering registration, not a licence to offer trading
  • Leverage up to 1:500 and no published negative balance protection
  • Says xChief Ltd holds Mwali International Services Authority (MISA) licence T2023379; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • Says xChief ZA (Pty) Ltd is authorised by the FSCA as FSP 54829; we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached). That company only introduces clients; accounts are opened with xChief Ltd in Comoros.
  • Leverage up to 1:1000 and heavy use of bonuses, no-deposit offers and trading credits
  • Inactive accounts pay $20 and then $20 a month

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Wingo Markets: Trading derivatives and leveraged products involves a high level of risk and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved and only trade with money you can afford to lose.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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