FX Choice Review
💲 Min Deposit $100
⌛ Year Established 2010
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website en.myfxchoice.com
🌎 Country
⚖ Max Leverage 1:200
Accepts US traders
👨💻 PAMM
📁 Segregated accounts
📈 Managed accounts
📊 MAM
🗺 Vps
FX Choice is a well-established broker since 2010. FX Choice has a headquarter in Belize. FX Choice to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by Belize Financial Service Commission (FSC) IFSC/60/191/TS/15.
Account Information
Apart from the forex demo account, this broker offers Classic and Pro. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FX Choice is up to 1: 200. Meanwhile, you can open an account with a starting capital of $100.
Min Deposit
$100
Max Leverage
1:200
Spread
Variable
Commission
$3.50
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, FX Choice also offers some instruments you would like to trade on, such as Forex, Gold & silver and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Classic account, FX Choice specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:100
Crypto
1:3
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $3.50
Instruments Traded
Besides lots of currency pair, FX Choice also offers some instruments you would like to trade on, such as Forex, Gold & silver and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Pro account, FX Choice specifically provides it with the following instruments and leverage:
Forex
1:200
Gold & silver
1:100
Crypto
1:3
Payment Methods
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
FX Choice also provides payment with paysafecard, USD Coin (USDC), Tether (USDT), Ripple, Perfect Money, Litecoin, Ethereum, Dogecoin, Crypto Cash, Crypto, Credit/debit cards, Binance Coin, AstroPay and AdvCash
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, FX Choice offers you MetaTrader 4 and MetaTrader 5.
Customer Support
Do you have any question or find any trouble related to FX Choice? If you do, you should reach FX Choice's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About FX Choice
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FX Choice is a good broker for you or not by reviewing the criteria. In general, FX Choice provides trading service in Forex , Gold & silver and Crypto . As for the payment methods, you can choose between Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, FasaPay, Crypto, Litecoin, paysafecard, Ethereum, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, AstroPay, USD Coin (USDC) and Binance Coin. The customer support is available via Email, Phone, Callback and Live chat.
The starting capital in FX Choice is $100.
FX Choice is regulated by Belize Financial Service Commission (FSC) IFSC/60/191/TS/15. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
FX Choice is a brokerage company offering trading services for clients since 2010 with offices in Belize.
