FXChoice Review
Note: FXChoice has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
We are a true ECN broker, offering some of the lowest spreads in the market and excellent trading conditions. We have built a solid reputation for our award-winning, friendly and multi-lingual customer service, which is available 24/5.
A wide range of deposit and withdrawal methods is crucial to our clients, therefore we have enabled 13 ways to create an even better trading experience.
Typical Spread on Majors
| EUR/USD | 1.3 |
| GBP/USD | 2.9 |
| USD/JPY | 2.0 |
- Company Info
| Headquarters | Belize City, Belize |
| Type of Broker | STP & ECN/STP |
| Founded | 2010 |
| Regulated By | Regulated By IFSC (Belize) |
| Offices In | Belize |
| Supported Languages | English, Spanish, German, Portuguese, Czech, Farsi, Greek, Thai |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | EUR, USD, GBP, AUD, CAD, Bitcoin, Gold, Bitcoin Cash, Litecoin, Ethereum, XRP |
| Minimum Deposit | $100 |
| Traders from USA Allowed | Yes |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $3.5/100K per side |
| VIP Accounts Offered | No |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, POLi, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, Fasapay, Perfect Money, PaysafeCard, ePayments, Qiwi, Astropay, RapidPay, UnionPay, UPayCard, Vload, Advcash, Sticpay, Airtm |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, POLi, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, Fasapay, Perfect Money, PaysafeCard, ePayments, Qiwi, Astropay, RapidPay, UnionPay, UPayCard, Vload, Advcash, Sticpay, Airtm |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 5, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, MetaTrader 5 Mobile, MetaTrader 5 iOS, MetaTrader 5 Android |
| NO of Pairs | 38 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 8 Weeks |
| VPS Offered | Yes |
| Free VPS Conditions | Free for accounts over $3000 and 5 Lots traded per month |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 200:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 5+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Indices | Yes |
FXChoice Reviews
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