FX Choice Review for 2019

FX Choice Rated 3/5
FX Choice have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

FX Choice Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of FX Choice we break down the pros and cons. What FX Choice are able to offer, what countries FX Choice are available in. Who FX Choice are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with FX Choice

Open FX Choice's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to FX Choice

With this review we hope to help you see if FX Choice is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding FX Choice that will help you get off to a good start in the world of online trading.

FX Choice what you should know

FX Choice offer three ways to trade: Forex trading, Spread Betting, Share Dealing.

With FX Choice you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with FX Choice platform.

FX Choice are able to accommodate various levels of traders whether you are experienced or a beginner.


Are FX Choice safe?

When choosing a broker like FX Choice the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years FX Choice have a head office in Belize .

FX Choice is regulated. This means FX Choice are supervised by and is checked for conduct by the International Financial Services Commission (IFSC)  regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FX Choice, this will be honored. If FX Choice violate any regulatory rules their regulated status could be stripped.

Any payments funded to FX Choice accounts by traders are held in a segregated bank account.

For added security FX Choice use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with FX Choice. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit FX Choice

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by International Financial Services Commission (IFSC) 
  • Min. deposit from $10

What we don't like

FX Choice General Fees

  • FX Choice withdrawal fees varies on payment method
  • FX Choice does charge inactivity fees

FX Choice Commissions

  • FX Choice does charge commission on CFD shares.

What can you trade with FX Choice?

You can trade a wide variety of instruments with FX Choice over 117 instruments infact.

If you are looking at trading currency pairs FX Choice offer over currency pairs.

Compare FX Choice with Plus500 and XTB below.

Your capital is at risk

FX / Currencies fxchoice Plus500 XTB
Forex pairs offered 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs FX Choice Plus500 XTB
Commodities offered 17 21
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs FX Choice Plus500 XTB
Stocks offered 1816 1696
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
fxchoice
Instruments
Plus500
Instruments
XTB
Instruments

Trading on FX Choice web platforms and other applications

FX Choice offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

FX Choice also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See fxchoice's platforms

FX Choice Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

FX Choice Trading Accounts offered:

  • Demo account
  • Mini account
  • ECN account
  • Islamic account

Can I try FX Choice before I buy?

FX Choice offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do FX Choice accept?

FX Choice offer the below funding payment methods. learn more about FX Choice

  • Credit cards
  • Bank Transfer

How can I start trading with FX Choice?

When opening a trading account with FX Choice, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FX Choice trading platforms here.

Performing trades with FX Choice

FX Choice allow you to execute a minimum of trade of $0.00000114/0.01 LOTS. This may vary depending on the account you open. FX Choice allow you to execute a maxium trade of varies. As FX Choice offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Support at FX Choice

FX Choice support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with FX Choice

As FX Choice is regulated by International Financial Services Commission (IFSC) , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore FX Choice's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with FX Choice you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://en.myfxchoice.com/ on 12th August 2018.

FX Choice not quite right?

Check out these FX Choice Alternatives

We have spent years researching the best alternatives to FX Choice. Click the links below to learn more.

If you feel some of the above FX Choice are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of FX Choice alternatives below.

Related FX Choice Comparisons

If you would like to see how FX Choice stands up against other brokers you can read some of our FX Choice comparisons below. We compare side by side some of our top rated FX Choice versus comparisons. Read some indepth FX Choice VS pages below.

FX CHOICE Frequently Asked Questions

Can I try FX Choice before I buy?

FX Choice offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do FX Choice accept?

FX Choice offer the following funding payment methods accept Credit cards, Bank Transfers, Wire Transfer, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with FX Choice?

When opening a trading account with FX Choice, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FX Choice trading platforms here.

Is my money safe with FX Choice?

FX Choice is regulated by International Financial Services Commission (IFSC) . One of the most important criteria for traders when choosing a broker like FX Choice is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FX Choice, this will be honored. If they violate any regulatory rules their regulated status can be stripped.