FXChoice Review 2021

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.

FXChoice is broker that gives traders access to Forex, CFDs, indices, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at FXChoice.

FXChoice also gives traders access to 3 cryptocurrencies: BTC, LTC and ETH.

FXChoice is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

FXChoice Summary

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.

Ratings

30%
Trust
66%
Instruments
100%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Min. Deposit$100
Min. Trade0.01 lots
Regulated ByIFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes (EAs)
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

FXChoice offers leveraged CFD products on a breadth of financial markets.

Leverage1:200
FTSE Spread1.5
GBPUSD Spread1.3
Oil Spread0.040
Stocks SpreadVariable

Forex Trading

Trade three-dozen forex pairs, including the US Dollar and Euro.

GBPUSD Spread1.3
EURUSD Spread0.6
EURGBP Spread0.9
Assets36

Cryptocurrency Trading

FXChoice offers trading on leading crypto cross pairs with the US Dollar.

Spread0.01
CoinsBTC, LTC, ETH

Payment Methods

FXChoice accepts the following payment methods:

  • Wire Transfer
  • Visa
  • Neteller
  • Skrill
  • FasaPay
  • Paysafecard
  • POLi
  • Sticpay
  • Perfect Money
  • Bitcoin Payments
  • ADVcash
Risk Warning – Your capital is at risk

FAQ

Is FXChoice Safe?

In our review we gave FXChoice a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that FXChoice is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does FXChoice Accept PayPal?

No, FXChoice does not accept PayPal payments.

Is FXChoice Halal?

Yes, FXChoice does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does FXChoice support?

With FXChoice you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is FXChoice Regulated?

Yes, FXChoice is regulated by IFSC.

The fact that FXChoice is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

FXChoice vs Other Brokers

If you want to compare FXChoice with other brokers, use the detailed comparisons below.

FXChoice vs
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.