ChainlogTrade

ProfileCompany

Name: ChainlogTrade

Website: https://www.chainlogtrade.co/

ChainlogTrade is a platform that provides multi-asset trading services and has been providing global investors with trading channels for forex, stocks, cryptocurrencies and other markets since 2007.

Trading products

ChainlogTrade covers the following major asset classes:

• Forex: 70+ currency pairs, including mainstream EUR/USD, GBP/USD, etc.

• Cryptocurrencies: Supports mainstream currencies such as Bitcoin and offers high leverage trading.

• Energy and Precious Metals: Includes commodities such as crude oil and natural gas.

• Stocks and stock indices: Offers CFD trading on 167 stocks and 16 indices worldwide.

• Bonds and Commodities: Covers 11 commodities and 2 bond products.

Additionally, the platform offers an automated copy trading feature, allowing users to copy professional traders and share trading profits proportionally, with a weekly profit settlement mechanism.

Account Types

The platform offers a variety of account plans to cater to different users' trading needs:

1. Fixed account

• Leverage: Up to 1:1000

• pips Spread: Fixed minimum order

• size from 3 pips: Min 0.01 lot

• commission: No

• stop loss level: 20%

• Currency: US dollar, euro

2. Standard account

• Leverage: Up to 1:1000

• pips Spread: Floating from 1.3 pips

• Commission: None

• other conditions Same as Fixed account2

. Standard account

• Leverage: Up to 1:200

• pips Spreads: From 0 pips Floating

• commission: $2.5 per lot/EUR

• level: 40%

The account supports USD and EUR settlement, making the account opening process easy and allowing quick access to funds.

Trading platform

ChainlogTrade supports the world's mainstream trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and the platform features include:

> extremely fast execution, No Dealing Desk

• Support EA (Expert Advisor) Trading

• Mobile Compatibility (including smartphones and tablets)

• VPS Support: Users can run 4-8 terminal programs using the newly launched VPS server

At the same time, its "Smart Adapt" system helps traders customize the interface, chart types and trading tools, supporting more than 50 technical indicators and chart trading functions.

Leverage and Spreads

ChainlogTrade offers leverage of up to 1:1000, especially for standard and fixed accounts, which is one of the highest in the industry. While high leverage can provide investors with greater trading flexibility and potential profits, it also significantly amplifies risks, potentially leading to significant losses in the event of significant market volatility.

In terms of spreads, the Fixed account offers a fixed spread of 3 pips, the Standard account offers a floating spread of 1.3 pips, and the ECN account offers floating spreads from 0 pips. In contrast, a fixed 3 pip spread is expensive and not suitable for frequent trading; The floating spreads on the Standard account are at the middle level of the market; The ECN account has the most competitive spreads, making it more suitable for professional traders who pursue low costs and frequently enter and exit the market.

Regarding commission fees, both Standard and Fixed accounts do not charge trading commissions, while ECN accounts charge a commission of $2.5 or €2.5 per standard lot, which aligns with the common fee structure in the ECN model in the industry.

In terms of deposits and withdrawals, ChainlogTrade offers instant commission-free deposit services, but the details of withdrawals are inadequately disclosed, and there are possible hidden restrictions or additional fees.

Education

Although the official website does not explicitly set up a complete education center, its promotional content mentions:

> Daily trading signals: including professional strategy advice

• , market news and analysis: Covers important global economic events, such as GDP, corporate earnings reports, etc.

• Beginner support: Emphasizes the low-threshold participation method of "registering and depositing to earn interest every day"

In addition, the platform advertises that it has round-the-clock customer support and is equipped with account manager services (exclusive to VIP accounts).

Advantages

• Provide diversified asset trading options (forex, cryptocurrencies, stocks, etc.)

• Leverage is flexible, up to 1:1000

• Supports MT4/MT5 platforms, With high execution speed and low latency

• , it offers copy trading and automatic strategy profit sharing functions

• , and has VMT and Financial Commission certifications, enhancing the platform's