FXChoice vs Coinbase

FXChoice or Coinbase – which is better for UK traders 2024? Compare FXChoice and Coinbase in this detailed breakdown of their platforms, features and fees.

FXChoice vs Coinbase Comparison Table 2024
FXChoice Coinbase
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4.1
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1.4
FXChoice is ranked #97 among CFD brokers. Coinbase is ranked #76 among crypto brokers.
Review
Review
FXChoice has closed or no longer accepts UK clients.
FXChoice is a Belize-based broker established in 2010 and registered with the Financial Services Commission (FSC). The brand offers a wide selection of markets including crypto, plus the familiar MT4 and MT5 platforms. FXChoice stands out for its extra tools and perks, from LearnFx EAs to a VPS and Myfxbook's AutoTrade. New users can also claim a welcome bonus upon sign-up. 		Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
Pros
  • Tight spreads starting from 0.0 pips
  • Bitcoin deposits and withdrawals
  • GPS robot 100k EA download
  • Hedging and scalping allowed
  • MT4 and MT5 downloads
  • Commission-free trading
  • FIFO rule not applicable
  • Cryptocurrency trading
  • Social trading solution
  • Pips+ loyalty scheme
  • VPS available
  • Powerful purpose-built crypto trading platform with backtesting capabilities
  • Well-regarded crypto exchange with thousands of tokens available
  • One of the most trusted brands in the crypto space
  • Fast execution speeds on the trading software
  • Slick app with excellent customer feedback
  • Margin trading available in some countries
  • You can sign up in three quick steps
Cons
  • Limited selection of commodities
  • Weak regulatory oversight
  • Coinbase trades don't take place anonymously
  • Occasional bugs have caused issues on the system
  • Lower safety score vs established crypto brokers
Awards
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares Cryptos
Bonus
50% Welcome Deposit Bonus
Demo Account
Yes No
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
0.01 Lots 0.0001 XBT
Regulator
FSC CBoI
Mobile Apps
iOS & Android Yes
Trading App

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
FXChoice has partnered with Myfxbook AutoTrade to offer copy trading to all account holders. You can find and follow the strategies of multiple traders with straightforward account management. MQL5 signals can also be used to inform buy or sell decisions.
Social Trading
Yes No
Trade Signals
Yes - MQL5
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Gold
  • Silver
  • Oil
CFD
FXChoice offers highly leveraged CFD products on a breadth of financial markets, including shares, indices, commodities and crypto. FXChoice provides more supporting tools than many alternatives, including signals, auto trading, a VPS, and a research center.
Leverage
1:200
FTSE Spread
From $18.53
GBPUSD Spread<
From $8
Oil Spread
From $40
Stocks Spread
Variable
Forex
Trade 36 forex pairs, including the EUR/USD with spreads from zero pips. FXChoice offers higher leverage on forex than most competitors, alongside 24/5 support and an accessible $10 starting deposit.
Assets
36
GBPUSD Spread
From $8
EURUSD Spread
From $5
EURGBP Spread
From $6.95
Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar. The selection of digital assets is narrow but spreads are tight starting at 0.15. With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.
Spread
0.11 - 3.0 pips BTC 0.1%, ETH 0.1%
Coins
  • BTC
  • LTC
  • ETH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • FIL
  • WBTC
  • SHIB
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
Yes No
FXChoice Coinbase
Review
Review
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