The Web Terminal option allows clients to trade straight from their FXChoice account through a supported browser. This subsequently saves time and the hassle of space from downloading software while providing clients with all the necessary tools and features. For traders seeking a dedicated Metatrader broker who has focused on crafting the most precise possible offerings aligned with those platforms, FX Choice is ideal.

FXChoice account types

Overall, the company’s substantial net worth demonstrates its success at meeting its clients’ needs. A client can earn $250 for each client who is referred to FXChoice through https://traderoom.info/ a referral link. In addition, every single referral will also gain a one-time 15% deposit bonus. If you use a specific payment method, you will be charged a small fee.

If you like losing your money deposit your money on FXchoice

However, I feel they could improve in terms of non-FX instruments and would like to see them offer support on weekends. Overall, if you do not mind the lack of top-tier regulation, I think they are certainly a broker worth considering. https://traderoom.info/fx-choice-forex-broker-review/ FXChoice offers a reasonable selection of over 100 financial instruments across different asset classes. They provide traders with industry-leading trading platforms to help traders get the most out of their trades.

FX Choice Platforms And Tools

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I have used it for quite a while, and the fact that from the sign up process to the account activation is fast, I give it 5 stars and a thumbs up, thanks. I came to it from Samuel Leach who recommended it and turns out he was sure of the good experience I got. Visit the broker’s official website and click the “register” option to fill a short application option.

FXChoice Review – Analysis of Brokers’ Main Features

FXChoice offer some of the most popular Cryptos, including Bitcoin (BTC) and Ethereum (ETH). That let you test different strategies without putting any money at stake. Of course, leverage means you can also profit at the same speed, which — combined with liquidity — is what attracts investors to currency trading. Islamic swap-free, MAM, and corporate options are also available at request. There are some useful trading services available, including the Myfxbook AutoTrade tool. There is also a selection of Expert Advisors for MT4 to download, including the GPSForexRobot for scalping, plus pip calculators.

1. Throughout this time, they have maintained their stability focused exclusively on Metatrader platforms.
2. FXChoice holds collateral to cover the trader’s credit risk, with a margin requirement determined by the leverage given.
3. A user can deposit a considerable amount of virtual funds on a demo account to start their practising session.
4. FXChoice boasts an award-winning customer service team that is multi-lingual and proficient.
5. The best MT4 tools are multiple chart time frames, analysis charts, custom indicators, automated trading via EAs, and strategy templates.

MetaTrader 4

FXChoice offers an intuitive, user-friendly, and professional trading environment, making it a preferred choice among traders seeking access to the Forex and CFDs market. The “Knowledge Base” section functions as the broker’s Trading Academy. I think there is plenty of helpful content to help bring you up to speed with the markets if you are new to trading online. It is always good to see a broker that cares about users and want to provide them with the right resources so that they can make informed trade decisions.

Being a user-friendly trading platform and having a minimum deposit, we highly recommend this broker for beginners and advanced traders. Whilst there is little difference in the offering of these trading platforms throughout brokers, they still perform at their functional best. This includes the provision of dozens of technical indicators and charting capabilities beyond many competitors in the industry.

They are one of a few brokers that support crypto payments if you are looking for anonymity. However, the blockchain fee is quite high and it is not the fasted method based on my experience. The pro account charges an additional commission up to $3.5 on top of the spreads which come from direct market liquidity provided by some of the largest banking institutions in the world. Spreads will tend to be significantly tighter than on the classic account and start from just 0 pips.

FXChoice offers a comprehensive trading experience, with a wide range of trading instruments, competitive spreads, and excellent customer support. While it may fall short in terms of educational resources and account types, FXChoice’s commitment to transparency and client satisfaction sets it apart. Just like most online retail brokers, FXChoice charges commission fees and spreads on clients’ trading accounts. The commission fees are small transaction fees that the broker charges on clients’ trades, while spreads are the difference between the buy and sell prices. They have a choice of versatile account types for you to choose from depending on whether you prefer tight spreads or zero commission fees.

Online reviews are very positive overall with good feedback from multiple respected sources. I have always had a good experience with them over the years, with no deposit or withdrawal issues and support whenever I have needed it. However, the broker is regulated by the IFSC which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with FxChoice. Users can access almost identical trading conditions in a no-risk environment, with a customizable amount of virtual funds to practice with.