General Information
FXChoice Was Established In 2010. The Broker Is Licensed By The Belize International Financial Services Commission (FSC, 000067/501) To Provide Quality Brokerage Services For Both Active And Passive Trading In The Forex Market. FXChoice Has Gained Popularity Among Western Traders, Thanks To The Broker's Commitment To Business Integrity, Focus On Clients, And High Demands On Its Global Staff. In Particular, In 2019, The Broker Received The Client Server Award Of Excellence From LiveHelpNow Every Month Of The Year
FXChoice Is Committed To Providing Quality Services For Both Active And Passive Trading. For This Reason, The Company Is Constantly Expanding Its Library Of Trading Tools And Services For Automated Trading. Classic Accounts And Professional ECN Accounts Are Offered To Clients With Small Spreads In The Market. The Broker Is Licensed By The FSC, A Regulatory Body With Strict Rules.
FXChoice's Trading Conditions Are Mainly Suitable For Experienced Traders. The Broker Does Not Offer Cent Accounts, Zero Spreads, Or Optimal Leverage For Beginners. The Broker Offers Demo Account Options, But The Valid Period Of The Account Is Limited To 90 Days. The Loyalty Program With Rebates Per Lot And Commission Reduction Is Also Designed For Professional Clients With High Volume, Starting At $10 Million.
The Company Website Has Been Localized In 8 Languages. The Customer Support Operator Answers In English. For This Reason, It Is Mainly Western Investors Who Use The Broker's Services.
Trade With This Broker If The Following Conditions Are Met:
You Prefer To Use Advanced Trading Platforms Such As MetaTrader 4, MetaTrader 5 And Myfxbook AutoTrade For A Comprehensive Trading Experience.
If You Are An Experienced Trader Looking For Low Spreads And Competitive Fees. FXChoice Offers Spreads As Low As 0.6 Pips For Certain Currency Pairs And Charges A Flat Commission On Its ECN Account, Providing An Attractive Option For High-volume Traders Focused On Cost-effectiveness.
Do Not Trade With This Broker If:
If You Are Looking For The Option To Withdraw Via Visa And Mastercard Debit/credit Cards.
Advantages Of Trading On FXChoice:
Low Market Spreads On Popular Currency Pairs (from 0.0 Pip);
License From International Regulator FSC;
Several Passive Income Options: Partner Program, Copy Trading Service, And MAM Account.
Disadvantages Of FXChoice :
No Cent Account;
Unable To Withdraw Money Via Visa And Mastercard Debit/credit Cards;
Low Leverage;
Customer Support Replies In English Only.
Trading Account Opening
To Open A Live Trading Account And Start Making Money On Forex, You Need To Participate In The Following Steps:
1 Go To The Official Website Of The Broker And Press Register, Page On The Homepage.
2 Enter Your Name And Email Address And Come Up With A Secure, Password. After Authorizing Within The System, You Will Need To Select The Account Type And Currency. Visit Backoffice And Select Verify Your Profile On The Orange Banner, Or Select Verify Your Profile In The Menu, On The Left Side Of The Screen. To Complete This Process, You Will Need To Upload, Files.
3 The Following Features Are Available In Your Personal Center:
1. Deposits And Withdrawals
2. View Partner Program Statistics:
Other Features Of The Personal Account Include:
Services. Includes Access To Trading Platforms, Including Myfxbook Autotrade, Automated Trading Services, And Browser Versions Of The Metatrader 4 And Metatrader 5 Platforms;
Points + Includes Loyalty Program Statistics;
Economic Calendar;
Messages For Quick Communication With Customer Support And Other Traders, People Who Are Currently Trading Online.
Account Types
FXChoice Offers Three Types Of Live Accounts - Classic, Pro, And Optimum. They, Vary By Spread, Margin Call/forced Position Squaring Value, And Whether Commission Per Lot Is Charged.
Account Type:
Classic
This Account Requires A Minimum Deposit Of $100, Spread, Starting From 0.5 Pips, Leverage Up To 1:200. Margin Call Is 25%, Forced Position Squaring Is 15%;
Professional
The Minimum Deposit For A Professional Account Is $100, And, The Spread Starts From 0.5 Pips. The Commission Per Lot (per Side) Is USD 3.5.
Best
This Account Requires A Minimum Deposit Of $10, Spreads From 1.5 Pips, And Leverage Up To 1:1000.
Before Opening A Real Account, You Can Test The Broker's Conditions And, Using A Demo Account, Run On Its Trading Platform.
FXChoice Offers Conditions More Suitable For Professionals, Traders. The Minimum Deposit For This Broker Is Quite High, And It Does Not Offer A Cent Account.
Deposits And Withdrawals
Withdrawal Requests Received During Business Hours Will Be Processed At The Same Time, Day. If A Request Is Received During Non-business Hours, It Will Be Processed At The Following Jobs, Day.
Withdrawal Requests Submitted During Business Hours, Processed Within 1-3 Days.
The Following Are Available For Withdrawals: Telegraphic Transfer, Skrill, Neteller, Perfect Money, BitcoinCash, Litecoin, Ripple, Tether, FasaPay, Airtm, VLOAD, STICPAY, AdvCash, EPAY. Withdrawals To Visa/Mastercard Cards Are Not Possible.
The Minimum Amount For Telegraphic Transfer Is 1,000 EUR (or Currency Equivalent). There, There Are No Restrictions On Withdrawals Through The Electronic Payment System.
Withdrawals To The Electronic System Take From 1 Minute To 24 Hours. It Takes Up To 5 Transactions, Days To Transfer Funds To A Bank Account.
Investment, Options
FXChoice Creates Conditions For Active Trading And Passive Investing. This, The Company Offers A Variety Of Copy Trading Services And Also Allows The Use Of Automated Trading Advisors. Broker, Offering The Opportunity To Open A MAM Account, Which Is Similar To A PAMM Account, In Which Every Investor Can Transfer Money, And Their Deposits Are Handed Over To A Professional Trader To Manage. Profits Accrue To The Investor's Account Minus, Manager Fees.
MQL5 Trading Signals And Myfxbook AutoTrade Are Automated Services, Trading
FXChoice Is Designed By Providing Multiple, Automated Trading Tools. They Allow Investors To Connect To The Accounts Of More Experienced Traders, And, Copy Their Trades Without Personal Involvement. If The Trader Is Successful, The Investor Pays The Trader, Taking A Predetermined Fee From His Profits. The Company's VPS Server Is Compatible With Most Copy Trading Services. This Broker Offers The Following:
MQL5 Signals - A Service For Instant Copy Of Signals Via The MT4 Platform. Subscription, With The Selected Provider For A Period Of One Month. Subscribers Pay A Fixed Fee Once A Month Or, Once A Week;
Myfxbook AutoTrade - A Service That Allows You To Copy Trades From The Most Successful Traders, Whose Ratings Are Published On The Myfxbook Website. The Service Is Available On MT4 And MT5 For Trading Accounts With A Minimum Balance Of $1,000;
Intelligent Trading System (EA) - A Robotic Trading Program That Automates Trading On MT4. The Program Is Available In Versions Designed Specifically For Scalping, As Well As Abbreviations And, Medium-term Strategies.
Automated Trading Systems Offer Traders Of All Levels The Opportunity To Experience Automated Trading. Automated Trading Is Not Only For Novice Forex Traders, But Also For, Busy Clients Who Do Not Have The Time Or Do Not Want To Trade Independently. Clients Of The Agent Can Connect, The Service Is Available In The Trader's Personal Account Or Directly On The Trading Platform.
FXChoice Affiliate Program:
Refer And Earn Program - Earn A $25 Bonus Per $100, Deposited By The Referred Client Upon Reaching The Required $200,000 Turnover. Maximum, $250 Bonus Once The Client Reaches $2,000,000. In Addition, Each Referral Will Receive A One-time 15% Deposit Bonus.
Alliance - 50% Of The Spread Amount For All Currency Pairs Per Referred Trader;
Multiple Account Management (MAM) - Allows Competent Traders, To Manage The Funds Of Less Experienced Traders, For A Specific Fee. The Fee Amount Depends On The Account, Validity And The Country/region Where The Partner Account Is Registered.
These Programs Allow Partners To Get Rewards From The Broker By Introducing, New Active Traders And For This. The Amount Of The Reward Is Discussed With Each Person, Partner.
Customer Support
The Broker's Customer Support Responds To Customer Inquiries 24 Hours A Day, 5 Days A Week.
Ways To Contact Customer Support:
Via The Phone Number Specified On The Website;
Via Email;
Online Chat On The Broker's Website;
Feedback Form.
