FXChoice

Broker FXChoice

FXChoice positions itself as a leading online broker specializing in forex and CFD trading. It offers services to retail clients and institutional investors. The broker claims to have over 10 years of experience and processes 150,000 orders per day.

Licenses and Registration

There are no official documents on the website myfxchoice.com. It mentions a license from IFSC with the number 000067/164. International phone contact and a callback function are provided for communication. The company claims to be registered in Belize (No. 105,968).

Trading Conditions

FXChoice offers the following conditions for working with clients: tight spreads starting from 0.1 pips, minimum trade size of 0.01 lot, leverage up to 1:200, CFDs on forex, cryptocurrencies, indices, and spot metals, fast market order execution, and no conflict of interest due to NDD technology.

Types of Trading Accounts

  • Classic Account. Minimum deposit of 100 dollars, spreads from 0.5 pips. Trade forex, indices, cryptocurrencies, and metals. Leverage 1:200, margin 50%.
  • Pro Account. Minimum deposit of 100 dollars, spreads from 0 pips, minimum lot size of 0.01 lot. Leverage 1:200, margin 50%. Trading instruments include currency pairs, indices, metals, energy, cryptocurrencies, and stocks.

Additional Services

FXChoice provides users with educational materials, live webinars, and other additional services. Clients can use MetaQuotes trading signals to follow experienced traders’ transactions, as well as automated trading systems like Expert Advisors (EAs).

Affiliate Program and Account Funding

FXChoice has developed an affiliate program that allows earning from the income of invited referrals. Clients have a wide choice of payment systems for account funding, including Skrill, Neteller, Visa, MasterCard, FasaPay, Bitcoin, AstraPay, PerfectMoney.

Withdrawal of Funds

Accounts can be opened in various currencies, including US dollar, euro, British pound, Australian dollar, Canadian dollar, gold, and cryptocurrencies.

FXChoice offers diverse trading services and programs, but it is important to consider the lack of official documents confirming registration and licensing. The broker states its registration location in Belize and is regulated by IFSC.

One Reply to “FXChoice”

  • FXChoice is a brokerage firm that offers a variety of trading options with reasonable fees but could improve on their customer service response times.