XChief‘s four account types — Cent, Classic+, DirectFX, xPRIME — serve four entirely different trader groups. Rather than describing them flatly, this article ranks all four by real value delivered relative to the cost/risk trade-off, helping you quickly figure out where you fit in this lineup.
#1 — Classic+: best value for most traders
A $10 minimum deposit, spreads from 0.6 pips, no commission. Ranked #1 not because it’s the “cheapest” or “most premium” account, but because it has the best value-to-complexity ratio: easy-to-understand cost (just look at the spread, no extra commission to calculate), a low entry threshold, and good enough for most trading styles that don’t need cost optimized down to a tenth of a pip. This is the sensible default choice for most traders moving from demo to a real account.
#2 — Cent: safest for practicing
Trading in cent-denominated units, an extremely low entry threshold, leverage capped at 1:500. Ranked second because its purpose is entirely different — this isn’t a “worse” account than Classic+, but a specialized tool for the learning stage. For true beginners, Cent should even be prioritized over Classic+ for the first few weeks.
#3 — DirectFX: for traders who’ve already defined their strategy
A $50 deposit, spreads from 0.3 pips, $2.50/lot commission per side. Ranked third because this is the “gray zone” between Classic+ and xPRIME — it only delivers a clear cost advantage once trading volume is high enough, but doesn’t unlock the expanded product range (stocks, crypto) that xPRIME does. Many intermediate traders may skip this step and go straight to xPRIME if their budget allows, or stay on Classic+ if their volume isn’t yet high enough to take advantage of DirectFX.
#4 — xPRIME: strongest on features, most expensive to enter
A $500 minimum deposit — the highest of the four — but in exchange, raw spreads from 0 pips, no limit on open positions, and exclusive access to 9 metals, 17 crypto CFDs, and 95 US stock CFDs. It’s ranked last not because it’s lower quality — quite the opposite, it’s the strongest account on features — but because its high entry threshold makes it an impractical starting point for most traders, and MT5-only support means MT4 users have to get used to a new interface.
Why is xPRIME so different from the other three?
xPRIME’s core difference isn’t spread or commission — it’s PRODUCT RANGE. The other three account types (Cent, Classic+, DirectFX) are limited to forex, basic metals, and a handful of indices, while xPRIME unlocks the entire expanded catalog. For traders who trade forex exclusively, paying extra for xPRIME is a waste — the real advantage only shows up when you genuinely need to trade US stocks or a diverse range of crypto CFDs in the same account.
What does “no limit on open positions” actually mean?
Many forex brokers, including some premium accounts, cap the number of simultaneously open positions (e.g., a maximum of 200 trades) to manage systemic risk on their side. XChief’s xPRIME removes this cap — genuinely meaningful for two specific groups: traders running multiple Expert Advisors (EAs) at once across many pairs/instruments, and traders using grid trading or dollar-cost-averaging (DCA) strategies that require opening many small trades continuously. For typical manual traders, you rarely hit the open-position limit on other accounts anyway, so this feature makes no practical difference for that group.
Product-range comparison with other Tier-3 brokers
Compared with Weltrade (limited to forex, metals, commodities, indices, and some crypto) or Valetax (mainly forex and metals), xPRIME’s 95 US stock CFDs at XChief is the clearest point of difference among the Tier-3 brokers analyzed so far. This could be the deciding factor if your strategy specifically needs to trade US tech-stock CFDs or diversify beyond traditional forex — not many brokers in the same price/licensing segment offer a comparable range.
Quick summary table
- Budget under $10: Cent.
- Budget $10-50, want simplicity: Classic+.
- Budget $50-500, moderate-to-large volume: DirectFX.
- Budget over $500, need stock/crypto CFDs: xPRIME.
Hidden costs to account for when trading stock CFDs on xPRIME
Beyond standard spread and commission, stock CFDs typically come with an additional separate fee: an overnight financing fee, similar to forex swap but calculated differently, based on a reference interest rate plus the broker’s markup. For stock CFD positions held over multiple days, this fee can accumulate significantly — traders used to short-term forex trading who expand into stock CFDs on xPRIME should specifically check the overnight financing schedule for each specific stock, since this isn’t identical to a regular forex swap.
Liquidity risk when trading crypto CFDs
The 17 crypto CFDs on xPRIME significantly widen the trading range, but note that crypto CFDs typically have wider spreads and much stronger price swings than major currency pairs, especially for the smaller-cap coins included in that list of 17. High leverage combined with crypto’s strong volatility is a meaningfully higher-risk combination than applying the same leverage to traditional currency pairs — risk-management principles (smaller position sizes, tighter stop-losses) need to be adjusted accordingly when moving from forex to crypto CFDs on the same account.
A common mistake when choosing an account
The biggest mistake is choosing xPRIME just because it “sounds the most premium” without actually needing the expanded product range — this locks a large amount of capital ($500) into an account whose cost advantage is unclear if you only trade regular forex. The second common mistake is staying on Cent too long after already having enough experience to move to Classic+ — trading in cent units for too long can create a distorted sense of real risk scale once you finally switch to a real-money account.
Frequently asked questions about ranking XChief’s accounts
Can you skip DirectFX and go straight from Classic+ to xPRIME? Absolutely — the ranking order in this article isn’t a mandatory path, it’s a relative value assessment. If you’re already ready on capital and genuinely need the expanded product range, skipping DirectFX makes sense.
Is xPRIME worth switching from MT4 to MT5 for? If your main goal is access to US stocks and crypto CFDs, yes — there’s no alternative that keeps MT4 while offering these features at XChief. If you just need lower spreads for forex, DirectFX on MT4 remains a viable option, and you can fully maintain both accounts on two different platforms in parallel if you want to take advantage of each one’s specific strengths without fully giving one up for the other.
Can you open multiple account types at once to test them? Yes, most brokers allow opening multiple account types under the same verified profile — this is the most practical way to directly compare on your own strategy before committing capital to one specific type.
How much capital should you start with on xPRIME once you meet the $500 requirement? The $500 minimum deposit is only the condition to OPEN the account, not the amount you should RISK on your first trade. Standard risk-management principles (never risking more than 1-2% of capital per trade) still fully apply on xPRIME like any other account, regardless of the higher minimum deposit.
Does moving from DirectFX to xPRIME cost anything? Typically opening a new account type under the same profile doesn’t incur a conversion fee, but you’ll need to manually transfer capital between accounts (or deposit fresh funds) — confirm the specific process directly through your client area before proceeding.
Want to experience xPRIME’s expanded product range, or start simple with Classic+? XChief lets you open the account that fits your own stage of development.
XChief currently has a welcome offer for new accounts for a limited time — terms may change, check directly when you register.
Trading stock and crypto CFDs involves leverage and carries a high risk of capital loss, different from owning the real asset. This article is for informational purposes only and is not investment advice. Learn more at FXM680’s Forex Academy.