ChaseFirst

Based on WikiFX data, ChaseFirst presents significant safety concerns. The broker holds a low overall WikiFX assessment score of 1.13, which indicates severe deficiencies in its operational standing. Crucially, ChaseFirst operates as an unregulated entity, meaning it functions without oversight from established financial authorities like the FCA or ASIC. This lack of regulation directly impacts fund security and dispute resolution channels. Therefore, the platform is considered to have a high-risk profile and is not recommended for traders seeking a secure trading environment.

No, ChaseFirst is not a regulated broker. According to its WikiFX profile, its regulatory status is clearly listed as "No Regulation." The broker is registered in the United Kingdom but does not hold authorization from the UK's Financial Conduct Authority (FCA) or any other recognized global regulator. Trading with an unregulated entity carries inherent risks, as client funds are not protected under standard compensation schemes and there is no formal supervisory body to handle complaints.

ChaseFirst offers three account tiers with varying minimum deposit requirements. The Standard account requires a minimum deposit of 250€. The Premium account requires 500€. The Professional account has the highest entry point at 1000€. These deposits grant access to different asset classes, with the Standard account covering Stocks and ETFs, the Premium adding Bonds and Cryptocurrencies, and the Professional tier including Forex, Options, and Futures.

Specific information regarding supported trading platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly detailed for ChaseFirst. The broker's WikiFX data does not list platform specifications. Furthermore, given its unregulated status and low assessment score, the technological infrastructure and platform reliability should be approached with caution. Traders are advised to verify this information directly with the broker before committing any funds.