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23 มิ.ย.

FXChoice Review Pros, Cons and Ratings

fx choice broker review

It implements some of the best elements of its predecessor MT4 whilst including new and innovative features. The platform provides the user with a comfortable and seamless trading experience, regardless of your experience level. MT4 is widely known for being very user-friendly with a quick learning curve that makes it a popular choice for beginners. However, MT4 is also packed with advanced trading tools, features and capabilities, which means that it can also meet the needs of the most demanding traders.

FX Choice Account Opening

  1. This gives you the ability to place trades in the world’s largest energy markets and gain the protection of precious metals in your portfolio.
  2. The MT5 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile trading app that is designed for smartphone devices running on Android and iOS.
  3. Plus, any Expert Advisors (EAs) allow you to implement your preferred trading strategies.
  4. I think this is a very important tool and always like to make sure I check for any pending news releases before making any decisions on my positions.
  5. The customer support team is on-hand should you experience any withdrawal problems or have questions about server locations, epayments, and copy trading.

NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues.


The broker was founded in 2010 and is also sometimes known as myfxchoice. FXChoice has established itself as a reliable and reputable broker in the Forex and CFD market since its inception in 2010. With a strong focus on providing a secure, transparent, and user-friendly trading environment, the Broker caters to the needs of traders with various skill levels and preferences.

fx choice broker review

How long does it take to withdraw money from FX Choice?

Virtual trading simulators like those are a good way to learn how to trade and understand the different strategies you might employ. They are slightly higher at FXChoice compared to similar brands such as FXTM. It start at 0.5 pips on the Classic Account with no commission, while the Pro accounts offers spreads from zero pips alongside a commission of $3.50 per side. This drops to $1.50 per side, per $100,000, with the broker’s Pips+ loyalty programme. The spacious dashboard also makes the interface somewhat easier to use than its predecessor.

fx choice broker review

The broker executes a trade every 4 seconds on average with daily transaction totalling over 15,000. They are always looking to further improve trading conditions by incorporating new technology to ensure you always get the best spreads and fastest execution speeds. FXChoice offers award-winning trading platforms and customer service, as well as additional analysis tools. Choosing the right forex broker is a critical step in your trading journey.

For your convenience, they have picked a handful of the most popular and preinstalled them on the MT4 platform. 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. One of the standout features of FXChoice is its commitment to transparency and client satisfaction. The broker operates on a straight-through processing (STP) model, which means that all client orders are executed without any interference or manipulation.

FX Choice offers a focused but diverse range of trading products and markets. This includes a total of 38 forex currency pairs comprised of both major and minor pairings and a total of 12 CFDs spread across indices, commodities, metals, and cryptocurrencies. The MetaTrader 4 App is a great platform to trade 24 hours a day, wherever you are. The MT4 App provides intuitive interface and powerful trading tools to help you stay in control of your trading accounts whilst on the go.

Competent and friendly multi-lingual global support is available 24 hours a day 5 days a week via online chat, telephone and email. FXChoice won the best customer service challenge award from the LiveHelpNow Challenge which ranks the top 100 providers of superior customer service. These rankings are data-driven, based on metrics provided daily to client dashboards. Measured against 12 unique values, Challenge winners are amongst some of the best customer service providers in their field. The achievement reflects the professionalism, skill, care and constant endeavour to provide better customer service.

Trading is also unavailable too and has been for a while..but I just wanted to say that I love fxchoice’s platform and I’m so sad to leave. Even though I won’t be trading with fxchoice anymore, it’ll always be my favorite broker! TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.We actively trade, publish educational articles and news.

This is an account which traders of the Muslim faith can apply for once they have registered with the broker. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Expert Advisors (EAs) are programs which run on the MetaTrader platform and trade automatically on behalf of the user. As an experienced Forex company, FXChoice have accumulated a mountain of data over the years on the EAs used by their clients.

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