Sun, October 02, 2022

FXChoice Review

FXChoice Broker Review
GENERAL INFORMATION
Broker NameFXChoice
Broker TypeForex
CountryBelize
Operating Since2010
RegulationIFSC (Licence number: IFSC/60/191/TS/18)
AddressCorner Hutson & Eyre Street, Blake Building, Suite 302, Belize City, Belize
Broker StatusRegulated
CS Phone52 558 526 80 32
CS Emailinfo@myfxchoice.com
LanguagesEnglish, German, Spanish, Portuguese, Czech, Thai, Farsi and Greek
Availability24/5
Trading PlatformsMetaTrader4, Metatrader5, Web Trader
WEB TERMINAL
Trading Platform TimezoneGMT +2 (summer) and GMT +3 (winter)
Demo AccountYes
Mobile TradingYes
Web based tradingYes
BonusesYes
Other Trading InstrumentPrecious metals, cryptocurrencies, and indices.
ACCOUNTS
Minimum Deposit100
Maximal Leverage1 is to 200
Spread Variable0.1 pips
Scalping AllowedYES

FXChoice Review:
FXChoice Notable Feature/s: the MetaTrader5
What do we think?

Comments Rating 1.96 (1941 reviews)

FXChoice Review

As it proudly claims on its website, FXChoice is a “trader’s wise choice” — something that’s hard to argue against.

FXChoice is forex, CFDs, and precious metals broker that also serves with Bitcoin and cryptocurrencies. Located in Belize, it caters to different kinds of traders and offers the most necessary tools for successful trading.

FXChoice Review

Its primary advantage against other brokers is its focus on technology. For instance, instead of just offering the industry-standard MetaTrader4, it also offers the MetaTrader5 (more on this later). Innovation and technology are FXChoice’s top priorities.

In fact, FXChoice claims on its website that they believe “being ahead of the curve in this area gives us the edge on our competitors.” Now that’s what active traders (day traders, high-frequency traders, algorithmic traders, etc.) want in a broker.

All those are obvious at the drop of the hat; there’s so much that FXChoice can bring to the table. Let’s dig deeper into one of its greatest edges against other brokers: the MetaTrader5.

FXChoice Notable Feature/s: the MetaTrader5

As we all know, the trading platform is what makes things easier or harder for the trader. You can’t trade comfortably if the platform sports a truckload of glitch or if you can’t understand a single function on it.

FXChoice knows that traders won’t settle for subpar performance. That’s why it chose not only to offer the MetaTrader4 but also to MetaTrader5. These days, industry-standard MT4 isn’t really enough to make consistent winning trades. You need a push or an enhancement.

That’s MetaTrader5, the 5th generation trading platform that comes from MetaQuotes. We won’t bore you with the history, but basically this is more advanced than MT4.

Among other things, FXChoice’s MetaTrader5 platform offers:

  1. More flexibility, since you can use it to trade in markets other than forex
  2. “Blackbox programming,” which makes it easier to program, providing you a better framework for EAs and trading robots, if you use them
  3. A much faster back-testing speed
  4. A simultaneous multi-currency pair back-testing.
  5. More types of pending orders and stop order
  6. Additional timeframes
  7. More technical indicators

Let’s be honest: when it comes to trading platforms, having more options is a huge advantage. This makes FXChoice’s platform stand out.

What do we think?

Technology isn’t a one-time affair. You must upgrade your platform even if you feel bad letting your worn out MetaTrader4 go. FXChoice, in a nutshell, gives you a chance to step up your trading game and have a better setup.

FXChoice also offers a plethora of bonuses and promotions for different account holders. This is another department the company focuses on, along with the innovation they deliver to trading clients. There’s not much better than waking up after a good night’s sleep. But many people struggle with sleeping through the night due to being uncomfortable. If you don’t have supportive pillows then you may have trouble with sleeping comfortably. One of the best pillows to help you sleep is a leg pillow. Shop best leg pillows at Pregily.com. These pillows support your lower body and help keep your spine in alignment to prevent pain and allow you to wake up feeling rested.There are many leg pillows available from various brands. They come in several styles so it’s important to compare the options – visit Pregily.com!

What that means for the trader – you – is you can trade in a more sophisticated way. You won’t have to wrench your head out for better market analysis and execution —FXChoice’s MT5 got your back.

Overall, FXChoice is a wise decision because of its dedication to being modern and upgraded. The MT5, tight spreads, low fees, and flexible account types work together to keep it that way.

FXChoice
  • Support
    (3.5)
  • Platform
    (4)
  • Spreads
    (3)
  • Trading Instrument
    (3.7)
Overall
3.5

YOU MAY ALSO LIKE

OPEC Organization of the Petroleum Exporting Countries

OPEC+ sources said that the group’s oil producers are considering reducing its

Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting

Chinese Yuan fell on Tuesday. What about Aussie and Kiwi?

After the central bank warned against speculative trading and large one-way bets

COMMENTS

1,941 responses to “FXChoice Review”

  1. Gabriella Cope says:

    Bas customer service

    • (2)
      Support
    • (2)
      Platform
    • (2)
      Spreads
    • (2)
      Trading Instrument

    Bad customer service. They are very difficult to contact and they do not reply on messages.

    Did you find this review helpful? Yes No

Leave a Comment

Your email address will not be published.

User Review
  • Support
    Sending
  • Platform
    Sending
  • Spreads
    Sending
  • Trading Instrument
    Sending

BROKER NEWS

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to

BROKER NEWS

Broker News

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365