FX Choice 2024 Broker Review
Written by:
Fact checked by:
Recommended for
- We do not recommend FXChoice at this time
Trust Level: Low
- Regulated by FSC – Belize
- In business since 2010
Popularity
21 people visited this broker using ForexBrokerTalk within the last 6 months
Introduction To FX Choice
Founded in 2010, FX Choice is a NDD (No dealing desk) offering a range of financial instruments including Forex, cryptocurrencies, indices, commodities, and CFDs. The broker is located in Belize City, and regulated by the International Financial Services Commission (IFSC) of Belize. The broker offers two different types of trading accounts; classic commission free account, and a pro account which charges commissions for each trade.
$100
Minimum Deposit
$3.50
FX Commission
(per side)
Yes
Free Demo Account
No
Inactivity fee
Pros
1:1000 Leverage Available
Permitted use of any EA
Quick Sign Up
Cons
Offershore Regulation
Recent bad reviews from traders
No bank wire deposit
Review Video:
Coming soon!
FX Choice Quick Facts
Country Headquarters
Belize City, Belize
Instruments Offered
Forex, Metal, Stock Indices, Crypto
Base Account Currency
USD, EUR, GBP, AUD, CAD
Minimum Deposit
$100
Withdrawal Fee
$0
Account Verification Time
Instant
Deposit Options
Card, Skrill, Neteller, Prefect Money, and more
Accepts crypto deposit
No
Trading Platforms
MetaTrader 4 & MetaTrader 5
Demo Accounts
Yes
VPS Offered
Yes
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3 / 5
ForexBrokerTalk Final Score
While FX Choice has been around for a while, they are only regulated by an offshore entity (IFSC / Belize). Additionally, they are known for allowing US traders which is a violation of US regulations. We do not recommend FX Choice at this time.