FXChoice Broker Review 2025

During our latest checkup on the broker's website, we found out that FXChoice has ceased trading operations; currently, only limited activities, such as fund withdrawal for registered clients, are available.

For further information and assurance, we inquired with the brokerage via email; they stated that FXChoice currently does not provide trading services, and account opening is not possible. Moreover, no schedule is set for any changes to this situation.

With gold as a base currency, FXChoice is an NDD broker that allows people to trade forex with a minimum deposit of just $100. In this broker, spreads start from 0.0 pips, and $0 commission is available.

FXChoice is a Belize-based broker started its work in 2010

FXChoice Forex Broker Company Information & Regulation

FXChoice stands out as an NDD (No Dealing Desk) Forex broker focused on providing ethical trading practices and cutting-edge technology.

Operating since 2010, the broker handles over150,000 digital transactions daily, offering competitive spreads starting from 0 pips and flexible leverage up to 1:1000.

The company adheres to a Non-Dealing Deskexecution model, enabling fair, market-based order handling and a daily transaction volume exceeding150,000trades.

The company is regulated by the Belize Financial Services Commission (FSC) under license number 000067/301, which ensures:

• Client fund segregation
• Regular auditing
• Compliance with international standards
• Protection against fraud

FXChoice maintains full segregation of client funds in trusted banking institutions and provides negative balance protection across all account types.

Their commitment to service excellence is evident through consecutive LiveHelpNow awards for Exceptional Customer Service throughout 2021-2022.

While its regulatory tier is lower than entities like the FCA or CySEC, the broker follows industry-standard safeguards. FXChoice does not onboard clients from the U.S., but accepts traders from a wide range of countries across Africa, Asia, and Latin America.

Here's a table summarizing everything about the broker's company:

Summary of Specifics

Here's a quick overview of what FXChoice offers to its traders:

What are FXChoice Account Types?

The broker offers three main account types to suit different trading styles:

FXChoice broker offers 3 account types [Optimum, Classic, Pro]

Optimum Account

• Minimum deposit: $10
• Leverage up to 1:1000
• Zero commission
• No-deposit bonus available

Classic Account

• NDD technology
• Competitive spreads
• Commission-free trading
• Fast execution

Pro Account

• Raw spreads from 0.0 pips
• Direct market access
• Institutional-grade liquidity
• Professional trading conditions

All accounts support NDD market execution and allow micro-lot trading (0.01 lots). Islamic (swap-free) and corporate options are also available upon request.

Advantages and Disadvantages

Let's examine what makes FXChoice stand out and where it could improve:

How to Sign Up for FXChoice Forex Broker? Comprehensive Tutorial!

Oddly enough, when we tried to open an account while writing this article, there was no sign-up button! Only previous users can log in to their accounts, and it is not possible to register for new users.

What Trading Platforms Does FXChoice Support?

In its latest updates, FXChoice offers 3 trading platforms [MetaTrader 4, MetaTrader 5, WebTrader] to its traders, and you can use them. FXChoice Broker Trading Platforms:

MetaTrader 4 (MT4)

• Industry-standard platform
• Advanced charting tools
• Expert Advisors (EAs) support
• Custom indicators
• Mobile trading app

MetaTrader 5 (MT5)

• Enhanced analytical tools
• More timeframes
• Economic calendar
• Advanced pending orders
• Better backtesting capabilities

WebTrader

• Browser-based trading
• No download required
• Cross-platform compatibility
• Real-time quotes
• Basic charting tools

TradingFinder has developed a wide range of MT4 and MT5 indicators that you can use for free.

FXChoice Forex Fees and Costs: Is it a Low-Spread Broker?

This broker has trading spreads from 0.0 pips and zero commission, but in which account? Here is a detailed overview of spreads and commissions of FXChoice Broker:

In addition, FXChoice discloses full contract specifications, including swap rates, lot sizes, and margin levels, enabling traders to evaluate costs transparently before opening positions.

Note: Spreads may widen during major news events or periods of high market volatility.

FXChoice Swap Fees

FXChoice offers foreign exchange and precious metals trading exclusively on a spot contract basis, meaning transactions are scheduled for settlement two business days after execution, in line with global market standards.

Since there is no physical delivery of underlying assets, any trade that remains open during the final seconds before midnight server time (23:59:45–23:59:59) will automatically roll over to the next trading day. This rollover process applies a swap fee or credit, depending on the instruments traded and as outlined in the platform's swap schedule.

Traders should note a key exception: Wednesday-to-Thursday rollovers carry a triple swap rate, as the settlement skips the weekend and extends to the following Monday as the new value date.

What Are The Deposit & Withdrawal Methods of FXChoice?

FXChoice supports 5 payment methods, but each of them may not be available to you because of your country's financial policies. FXChoice Broker Payment Methods:

• Credit/Debit Cards: VISA and MasterCard
• E-Payments: Skrill, Perfect Money, and AIRTM

Deposits are typically instant, and most withdrawal requests are processed within 24 hours on business days.

What Are the Investment Options of FXChoice?

In the FXChoice review, we discovered that this Belize-based broker supports copy trading and autotrading as its investment options:

Copy Trading Features

• Social Trading Integration
• Follow experienced traders
• Automatic trade replication
• Real-time performance tracking
• Risk management settings

AutoTrade Features

• Connect with signal providers
• Customize copy settings
• Monitor multiple strategies
• Adjust risk parameters

What Markets Are Tradable on FXChoice?

The broker offers trading in over 100 instruments across several asset classes. The Forex market, indices, commodities, and shares are the markets that the FXChoice broker offers you to trade in.

FXChoice Instruments:

Bonuses and Promotions

FXChoice offers bonuses and promotions, and regularly updates to expand its list. FXChoice Broker Bonus:

Crypto Deposit Bonus:

• 65% bonus on first crypto deposit
• 15% on subsequent deposits
• $100 Minimum deposit
• Trading volume requirements apply

Welcome Bonus Package:

• 50% welcome bonus on first deposit
• Up to $500 bonus amount
• 30-day validity period
• Available for verified accounts

15% Deposit Bonus:

• For all new registrations
• Receive it after account creation

Pips+ Loyalty Program:

• Commission discounts and rebates based on trading volume
• Commission reduction on Pro accounts as low as $1.50 per side

Bonus eligibility varies by jurisdiction and account type, and terms apply to withdrawal and usage.

FXChoice Awards

FXChoice has earned recognition in the industry through several awards and achievements. The broker received LiveHelpNow’s “Exceptional Customer Service” awards in both 2021 and 2022, highlighting its client support standards.

Additionally, FXChoice has engaged in Myfxbook.com Forex Contests, securing funded trading accounts in earlier competitions.

FXChoice Customer Support; Is it Available 24/7?

FXChoice support is available 24/5 (closed during weekends), and you can contact them via the following ways below. FXChoice Support Channels:

• Live Chat
• Phone Call
• Ticket
• Indoor Meeting

Restricted Countries

FXChoice is constantly striving to provide its services to more users from all over the world; However, due to reasons such as regulatory laws and sanctions, it is not possible for them to provide services to some countries. FXChoice Prohibited Countries:

• Afghanistan
• American Samoa
• China
• EU/EEA/EFTA
• Guam
• Hong Kong
• Indonesia
• Iran
• Iraq
• North Korea
• Northern Mariana Islands
• Puerto Rico
• Russia
• Singapore
• Sudan
• Syria
• Taiwan
• Turkey
• UK
• United States
• Virgin Islands

Full list of FXChoice prohibited countries

Always check current restrictions, as they may change based on regulatory requirements.

Trust Scores & Reviews

This broker’s trust scores in review platforms such as Trustpilot and ForexPeaceArmy indicate that they have done good job providing services and satisfying traders; FXChoice Trust Scores:

FXChoice trust score in Trustpilot

• FXChoice Trustpilot: 4.0 out of 5 based on more than 140 reviews

• FXChoice ForexPeaceArmy:  3.9/5 based on 310+ reviews

Educational Materials and Resources of FXChoice Broker

FXChoice offers educational resources through itsResearch Centre and Glossary:

Research Centre Features

• Trading basics courses
• Advanced trading strategy guides
• Market analysis tools
• Risk management tutorials
• Video lessons

Glossary Features

• Forex terminology
• Technical indicators
• Trading patterns
• Economic terms
• Market concepts

You can also check TradingFinder's Forex education section for additional learning materials.

FXChoice Trading Tools

• Copy Trading via ZuluTrade and MQL5 signal services
• Expert Advisor hosting with VPS (free for qualified accounts)
• Market signals, automated strategies, and third-party integrations

While tailored primarily toward intermediate and experienced users, these resources also benefit beginners looking to mirror seasoned traders and automate their strategies.

FXChoice vs Other Brokers

Let's check FXCC's standing in the Forex trading world in comparison with other platforms:

TF Expert Suggestion

50% Welcome bonus, copy trading, AutoTrade, and 1:1000 maximum leverage are some of the features of FXChoice. All of these features are available at FXChoice 3 account types [Optimum, Classic, and Pro].