FXChoice Review 2024

Established in 2010, FXChoice. The broker offers top-notch brokerage services for both active and passive trading on the forex market and holds a license from the International Financial Services Commission of Belize (FSC). Due to the broker’s dedication to maintaining business integrity, putting the needs of the customer first, and having high standards for all of its international staff, FXChoice is well-liked by Western traders.

Regulation

FXChoice is a brand and trade name of FX Choice Limited, established in Belize under Registration No. 105,968, and operates through the following entities:

FX Choice Limited: a company established in Belize under Registration No. 105,968, with a registered address at Corner Hutson & Eyre Street, Blake Building, Suite 302, Belize City, Belize. The company is duly authorised by the Financial Services Commission of Belize (FSC), under License No. 000067/301.

FX Choice Limited: a company established in St. Vincent and the Grenadines under Company Number 26842 BC 2022, with an address at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown VC0100, St Vincent and the Grenadines.

Advantage

• Variety of order types for all trading styles
• True NDD/DMA environment
• Scalping allowed
• Hedging allowed
• Accounts in EUR, USD, GBP, AUD, CAD & Bitcoin
• Tight spreads starting from 0 pips
• Flexible Leverage up to 1:200
• FIFO rule not applicable
• Various deposits and withdrawal options
• Maximum fund security

Trading Accounts

Pro and Classic trading accounts are available from FXChoice. Which one suits you best? Make the best decision by using this website to learn what each account can provide your trading.

Classic Account

Take full advantage of Non-Dealing-Desk technology, tight spreads, fast execution and commission-free trading.

• Tight spreads starting from 0.5 pips
• Minimum lot size: 0.01 lots
• Rebate up to USD 2 per side, per notional amount of USD 100,000.
• Execution: NDD, Market
• Margin call / Stop out: 25/15
• Forex CFDs: 36 currency pairs
• More CFDs: Indices, Metals & Energies, Crypto

Pro Account

Take full advantage of Non Dealing Desk technology, spreads from 0 pips and direct market liquidity provided by the largest banking institutions in the world.

• Minimum deposit: USD 100
• Tight spreads starting from 0 pips
• Commission: USD 3.5 per side, per notional amount of $100,000.
• Minimum lot size: 0.01 lots
• Leverage: Forex, metals — up to 1:200
• Margin level for hedge/lock positions: 50%
• Execution: NDD, Market
• Margin call / Stop out: 25/15
• Forex CFDs: 36 currency pairs
• More CFDs: Indices, Metals & Energies, Crypto, Shares
• Any EAs permitted

Demo Account

To improve your skills, practice trading using the FXChoice Demo account. FXChoice provides demo versions of each of our account types in order to provide you with the finest demo testing environment possible. See all of our accounts’ individual details in the table below.

Trading Platforms

All traders need reliability, functionality and usability in a trading platform. FXChoice world’s tried-and-tested MetaTrader programs to give our clients the best tools to tackle global markets.

MT4

The platform is an ideal vehicle for international clients to trade CFDs in Forex, Indices, Commodities, Crypto and Shares.

It also offers Expert Advisor compatibility (Auto Trading Systems), the best selection of the most important symbols (currency pairs) as well as a galaxy of analytical tools.

• Very user-friendly
• Multi-lingual platform
• Chart analysis tools
• Multiple charts and analysis display
• Expert Advisor compatibility
• Instant and future trade placement

MT5

The MetaTrader 5 platform is the logical successor to the successful MT4 platform and has taken the Forex field by storm since its release in 2010. According to Metaquotes, MT5 is, however, not just the new version of MT4, but a completely new platform with brand new features.

• New order type: stop limit order
• Display of market depth
• Free professional charting tools
• Supports both the traditional netting and hedging options
• More indicators (80+)
• EA compatibility and powerful EA testing environment
• Multi-lingual platform

Web Terminal

The Web Terminal, available for both MT4 and MT5 users, allows you to trade via a browser without the need for downloading additional software.

• Universal access to trading activity.
• All trading operations: placing market and pending orders
• Benefit from one-click trading
• Real-time quotes in Market Watch
• Basic analytical objects: horizontal, vertical and trend line, equidistant channel and Fibonacci lines

Promotions

Loyalty Programme

The aim is to move to the top of the programme (to Tier 1). You can do this by investing greater equity or trading a higher volume. However, there is a slight difference on how that works depending on your trading account:

• Classic Account – The higher you climb, the more rebate you receive. The rebate works like a spread refund.
• Pro Account – The higher you climb, the lower the commission you pay.

65% Bonus on Crypto Deposits

FXChoice have the perfect bonus to give your trading a flying start. Deposit Crypto today and get a massive 65% bonus. Bonus up to $10,000 per month, No deposit or conversion fees, Available on all Crypto deposits. Find out more 

50% Welcome Bonus

Take advantage of FXChoice Welcome Bonus. Deposit within seven days of verification, and we’ll give you a 50% Bonus. Bonus up to $10,000 per month, Get free VPS — great for EA users! Available on all non-crypto deposits. Find out more 

$250 Per Referral

Leverage your contact list and make it work for you. Bring clients to us and reap the rewards. Get $25 for every $100 your referral deposits. FXChoice give your referrals a 15% Deposit bonus. Bring 5 referrals to us and graduate to Affiliate status. Find out more

Contact

Head Quarters

Address: Corner Hutson & Eyre Street, Blake Building, Suite 302, Belize City, Belize.

Client support: +52 556 826 8868