With gold as a base currency, FXChoice is an NDD broker allows people to trade forex with only $100 minimum deposit. In this broker, spreads start from 0.0 pips and $0 commission is available.
FXChoice Forex Broker Company Information & Regulation
FXChoice forex broker stands out as an NDD (No Dealing Desk) broker focused on providing ethical trading practices and cutting-edge technology.
Operating since 2010, the broker handles over 150,000 digital transactions daily, offering competitive spreads starting from 0 pips and flexible leverage up to 1:1000.
The company adheres to a Non-Dealing Desk (NDD) execution model, enabling fair, market-based order handling and a daily transaction volume exceeding 150,000 trades.
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.
Summary of Specifics
Here's a quick overview of what FXChoice offers to its traders:
Broker | FXChoice |
Account Types | Optimum, Classic, Pro |
Regulating Authorities | FSC Belize |
Based Currencies | USD, EUR, GBP, AUD, CAD, Gold |
Minimum Deposit | $10 |
Deposit/Withdrawal Methods | VISA, MasterCard, Perfect Money, Skrill, AIRTM |
Minimum Order | 0.01 |
Maximum Leverage | 1:1000 |
Investment Options | Copy Trading, AutoTrade |
Trading Platforms & Apps | MT4, MT5, WebTrader |
Markets | Forex, Indices, Commodities and Shares |
Spread | From 0.0 Pips |
Commission | Varies Based on Account |
Orders Execution | NDD, Market |
Margin Call/Stop Out | 25%/15% |
Trading Features | Swap Free (Islamic) Account, Demo Trading, Copy Trading, 1:1000 Maximum Leverage |
Affiliate Program | YES |
Bonus & Promotions | YES |
Islamic Account | YES |
PAMM Account | No |
Customer Support Ways | Indoor Meeting, Live Chat, Phone Support, Ticket |
Customer Support Hours | 24/5 |
What are FXChoice Account Types?
The broker offers three main account types to suit different trading styles:
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:
Advantages | Disadvantages |
Low Minimum Deposit | Limited Regulation (Only FSC Belize) |
Competitive Spreads | Not Available in Many Countries |
Multiple Trading Platforms | Limited Research Tools |
Excellent Customer Support | Limited Cryptocurrency Offerings |
Copy Trading Available | Limited Information Provided to Traders |
Educational Resources | - |
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 login to their accounts, and it is not possible to register for new users.
What Trading Platforms FXChoice Supports?
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 Spreads Broker?
This broker offers spreads from 0.0 pips and zero commission, but in which account? Here is a detailed overview of spreads and commissions of FXChoice Broker:
Specifics | Optimum | Classic | Pro |
Spread | From 1.5 Pips | From 0.5 Pips | From 0.0 Pips |
Commission | $0 | $7 Per Lot | $3.5 Per Lot |
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.
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 FXChoice broker offers you to trade in;
FXChoice Instruments:
- Forex: 36+ currency pairs of major, minor, and exotic pairs
- Indices: Global stock indices such as US30, S&P 500, FTSE 100
- Commodities: Gold, Silver, Oil, Agricultural products, Energy assets, etc
- Shares: International stocks including US, EU, and UK shares
Bonuses and Promotions
FXChoice offers bonuses and promotions and regularly updates to expands 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 Customer Support; Is it Available 24/7?
FXChoice support is available 24/5 (closed during weekends) and you can contact them via the 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
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, indicates that they have done good job providing services and satisfying traders; FXChoice Trust Scores:
- Trustpilot: 4.0 out of 5 based on more than 140 reviews;
- ForexPeaceArmy: 3.9/5 based on 310+ reviews.
Educational Materials and Resources of FXChoice Broker
FXChoice offers educational resources through its Research 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:
Parameter | FXChoice Broker | HFM Broker | FxPro Broker | FXGlory Broker |
Regulation | FSC Belize | CySEC, DFSA, FCA, FSCA, FSA | FCA, FSCA, CySEC, SCB | No |
Minimum Spread | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips | From 0.1 Pips |
Commission | From $0.0 | From $0 | From $0 | $0 |
Minimum Deposit | $10 | From $0 | $100 | $1 |
Maximum Leverage | 1:1000 | 1:2000 | 1:500 | 1:3000 |
Trading Platforms | MT4, MT5, WebTrader | MT4, MT5, Mobile App | MT4, MT5, cTrader, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5 |
Account Types | Optimum, Classic, Pro | Cent, Zero, Pro, Premium | Standard, Pro, Raw+, Elite | Standard, Premium, VIP, CIP |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 100+ | 1,000+ | 2100+ | 45 |
Trade Execution | Market, NDD | Market, Buy Stop, Stop Loss, Limit, Take Profit | Market, Pending | Market, Instant |
TF Expert Suggestion
50% Welcome bonus, copy trading, AutoTrade and 1:1000 maximum leverage are some of features of FXChoice. All of these features are available at FXChoice 3 account types [Optimum, Classic and Pro.]