FXChoice Reviews Read Customer Service Reviews of myfxchoice com 3 of 7

April 26, 2022
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fx choice review

Same as many other users here, I have been forced to withdraw all my $ as they would no longer take crypto payment. It was a long process, where I needed to sent 3 different pictures. They also cancelled my withdrawal through TRC for no reason, at this point I thought I would never see my $ again... I contacted there team via chat and been told to use ERC chain instead ( more fees for them I guess ). Finally it all got resolved and I got my $ back so nothing to complained here, just too bad because everything else had been good with them up to this point. I dont like how regulators are starting to crack down on a lot of forex businesses but Fxchoice’s transparency is the best of the best.

FxChoice Review – Is it a Scam or Legit Broker (

The broker has a popular nowadays balance protection guarantee. It means that the trades will be closed automatically before the balance of the trading account goes below zero. FXChoice has been launched in 2010 in Belize and so far is a broker that accepts clients worldwide. They pride themselves having more than 10 years of experience both as traders and a broker, as well claiming about processing 15 thousands transactions a day on average.


It is great to be able to take the markets with you in your pocket. I am also confident as they hold client funds in segregated accounts that are separate from their own company accounts and can therefore not be used for any other purpose. There is an internal risk management team who monitors management operations to ensure that they comply with regulatory policies. Before making a decision, it is important to carefully consider your trading needs, financial goals, and risk tolerance. By conducting thorough research and exploring different options, you can ensure that you choose the right forex broker that aligns with your trading objectives.

fx choice review

Deposits and Withdrawals

I use the desktop version to run automated systems as it is the only one that supports expert advisors (EAs). The mobile app is great for me to check my positions from anywhere at any time. The web version of the platform is also very good as it can run in any web browser on any device, whilst always being up to date. You can access your account seamlessly across all versions of the platform.

fx choice review

The web platform’s interface is similar to the award-winning desktop version and is therefore just as easy to use. I like how it is always up to date and means I can use a friend or relatives’ computer if I do not have my own handy. They have a no debit balance guarantee which means that your trades will automatically be closed before your account balance becomes negative. Should this safety mechanism not work due to extraordinary circumstances, they claim to zero your account balance.

Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. MT4 was developed by trading software company MetaQuotes and has won multiple awards. The FXChoice version of MT4 combines the platforms standard features with real-time price feeds from global markets, fast execution speeds, competitive conditions and interbank liquidity. It has a user-friendly interface and multiple built in tutorials for beginners whilst having a great range of technical indicators and functions for the more advanced traders. The classic accounts are the most basic in the FXChoice account category.

It is designed to ensure zero downtimes in the trading process. When it comes to fees, FXChoice operates on a commission-based model for the Pro account, where traders pay a fixed commission per trade. The Classic account, on the other hand, has no commission fees but offers slightly higher spreads. Unlike Roboforex which shares several similar features with FXChoice, Alpari is quite different.

fx choice review

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. FXChoice host a live webinar each Monday for registered users which covers some of the markets events that are coming up for the week ahead. The webinars cover technical analysis, market news and are hosted by a fund manager with more than 40 years of experience in the industry.

In fact, you are always advised to keep your returns safe and avoid overtrading. The great news is that with FXChoice, there are numerous withdrawal options. In fact, phone support is the most recommended option since you get to talk directly to someone. The good news is that FX choice offers multilingual customer support. You can get help from some of the most widely spoken languages in the world, giving you the chance to get help in a way or language that you understand. On the other hand, if you don’t have an urgent matter that can be addressed later, then you should consider booking a callback.

Whether you are looking to engage in CFD trading, forex trading, or even trades on commodity CFDs and indices, this is the brokerage firm to try out. Are you a retail investor looking for the perfect brokerage to trade CFDs? Well, there are many options out there, each with a unique trading platform and some https://traderoom.info/fx-choice-forex-broker-review/ interesting retail investor accounts. However, FXChoice is among the few brokers that actually offer exactly what they promise. 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).

  1. The MT4 and MT5 are two of the best platforms out there and you can get them both in FXChoice and AvaTrade.
  2. There is a choice of various trading account types, including Islamic and demo accounts.
  3. The reviews show that FX choice excels quite well when it comes to customer support and the superiority of its trading platforms.
  4. Note, FXChoice does not offer binary options or access to NASDAQ, USDTRY, or platinum.
  5. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

Although the broker lacks top-tier regulation, they have several security measures to ensure that all transactions are carried out safely, securely, and reliably. Interestingly, the broker uses advanced encryption technology to help https://traderoom.info/ guarantee your privacy and security when transactions are being processed. Hence, all communication data is encrypted using SSL technology (Secure Socket Layer). The online application process takes less than one minute to complete.

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