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FXChoice

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6.1
(23 Reviews)

Founded: 2010 Min Deposit: 100 USD

Headquarters: Belize Max Lev: 1 : 200

Score
Business Scope
7.0
Trading Cost
6.2
Trading Platforms
6.2
Support
6.3
Licence Status

weak regulation

Belize FSC 000067/164
Authorised
Contact
+52 558 526 80 32
qc@myfxchoice.com
https://en.myfxchoice.com/
STP Broker
Multilingual Support
Multiple Trading Instruments
10+ Payment method
Islamic Account
Quick Response
Good Customer Service
Trading Education Program
Multiple Base Currencies Support
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

B2Broker, OANDA, IG and other 4 Companies are Hiring Now 2021-09-26
As the COVID-19 pandemic continues to spread, there are stories almost daily about businesses furloughing employees or laying them off completely as demand dries up. Well, in FX, CFD and cryptocurrency industry, over a dozen national companies have announced substantial hiring plans. Here's a look at who's hiring and what jobs they're offering.

Deposit and Withdrawal

6.0

Average

10+ funding options

Features

Fast Deposit
Fast Withdrawal

See more
See more

Company and Service

7.0

Good

multilingual support & quick response

Features

Multilingual Support
Quick Response
Profile
Headquarters Address
Corner Hutson & Eyre Street, Blake Building, Suite 302, Belize City, Belize
Founded 2010
Broker Type
STP
Time Zone GMT+2,GMT+3
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android,  Webtrader
MT5
Mac,  Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
FIFO
Website Language
Arabic,  Chinese,  Czech,  English,  German,  Greek,  Portuguese,  Spanish,  Thai
Customer Service By
Phone,  Email,  Live Chat,  CallBack,  Facebook,  Twitter,  Instagram,  Youtube
Supported Language
Arabic,  Chinese,  Czech,  English,  German,  Greek,  Portuguese,  Spanish,  Thai

Related Complaints

Q&A

I wanna deposit in FXChoice, but I'm not sure about its safety. Please assess if this is a trustworthy broker. Thanks.

Josuan
Brazil
2021-10-16
ANSWER FXChoice is operated by FX Choice Limited, a company incorporated under the laws of Belize and authorized by the International Financial Services Commission of Belize (IFSC) with Reg. No. IFSC/60191/TS/19. For more details, you can check our full FXChoice review. However, there is something about Belize need to be mentioned. As an offshore zone with a zero tax structure, Belize is a well-known Forex hub where a great many brokers come to seek an opportunity to be a legit firm, yet to skip complicated and costly established procedures. That means the brokers overseen by IFSC is not under as strong regulation as FCA, ASIC and NFA regulated brokers. Our final verdict is that FXChoice is a legit broker, but carries a certain risk owing to its weak regulation from Belize.
See more

Will I have bonus if I sign up with it?

charlesvdw
Netherlands
2022-10-12
ANSWER FXChoice is operated by FX Choice Limited, a company incorporated under the laws of Belize and authorized by the International Financial Services Commission of Belize (Belize FSC) with Reg. No. IFSC/60191/TS/19. For more details, you can check our full FXChoice review. However, there is something about Belize need to be mentioned. As an offshore zone with a zero tax structure, Belize is a well-known Forex hub where a great many brokers come to seek an opportunity to be a legit firm, yet to skip complicated and costly established procedures. That means the brokers overseen by IFSC is not under as strong regulation as FCA, ASIC and NFA regulated brokers. Our final verdict is that FXChoice is a regulated broker, but carries a certain risk owing to its weak regulation from Belize.
See more

Overall Score

6.1
23 Reviews

Cost 6.2

Platforms 6.2

Deposit & Withdrawal 6.0

Customer Support 6.3

Indicates the average level of Brokers

Keywords for selection

23 Reviews Clear filter

Sort by
Romain Heraty
0-6 months Classic Account Bolivia
Maybe it is different for Western traders, I don’t know, but a $100 deposit is too high for me. The broker does not offer cent accounts, which is why you have to risk a large amount right away, whether you like it or not. I wouldn’t say that FXChoice offers the best conditions for beginners.
2023-09-15
Reply
Asmaa Shavit
7-12 months Classic Account Bahamas
In reality, their “beneficial” conditions turned out to be fake: the spreads regularly expanded to 2-3 or even 5 points. In this regard, FXChoice is truly beneficial, because the spreads really do start from 0.5 pips. There have been no issues with withdrawals. The money is not accrued to the electronic wallets instantly, but it is accrued within an hour.
2023-09-13
Reply
vera philip Sarhan
1-3 years Pro Account Aland lslands
FXChoice offers good trading conditions. The spreads and swaps are indeed low, the partnership program is beneficial and the loyalty program is good as well. Withdrawal is not very quick: wire transfers take 4-5 days. However, the broker does allow you to withdraw money, so it’s worth the wait.
2023-09-13
Reply
Diane Evripidou
0-6 months Classic Account Cape Verde
All commissions specified on the website are real. I withdraw funds to Neteller, where there are no commissions at all.
2023-09-11
Reply
Joanna Khimani
7-12 months Classic Account Peru
ForexChoice's fees are a concern. Despite claims of competitive pricing, hidden charges and high costs have eroded my trading gains.
2023-09-08
Reply
Andrea Rawat
7-12 months Classic Account Guam
I’d also like to say a few good words about customer support. The operators provide quick and detailed responses. I plan to continue trading with FXChoice.
2023-09-05
Reply
Omair Bajaj
Mozambique
I've been disappointed with ForexChoice's trade execution. There have been instances of delays and slippage that have negatively impacted my trading outcomes.
2023-08-30
Reply
Kristian Jude Charalampous
Czech Republic
Security is a priority at ForexChoice. Their robust encryption and regulatory compliance ensure that my funds and personal information are well-protected
2023-08-28
Reply
Kalley Sianos
7-12 months Classic Account Cameroon
I've had an exceptional experience with ForexChoice's customer support. They are prompt, knowledgeable, and always willing to address any concerns I have.
2023-08-25
Reply
Alaa Biggs
7-12 months Pro Account Reunion
The educational resources provided by ForexChoice are top-notch. Their webinars and market analysis have deepened my understanding of trading strategies and market trends.
2023-08-24
Reply

1-10 of 23 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.