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FXChoice (FX Choice) Review 2023

FXChoice was established in 2010. The broker is licensed by the International Financial Services Commission of Belize (FSC) and provides quality brokerage services for active and passive trading on the Forex market. FXChoice enjoys popularity among Western traders thanks to the broker’s commitment to business integrity, focus on customers, and to high requirements for its global employees. In particular, in 2019 the broker received the LiveHelpNow’s Exceptional Customer Service award every month of the year!To get more news about fx choice review, you can visit wikifx.com official website.

I use FXChoice for its low spreads and its license. In the five years of trading on Forex, I have worked with many brokers, including highly promoted ones. In reality, their “beneficial” conditions turned out to be fake: the spreads regularly expanded to 2-3 or even 5 points. In this regard, FXChoice is truly beneficial, because the spreads really do start from 0.5 pips. There have been no issues with withdrawals. The money is not accrued to the electronic wallets instantly, but it is accrued within an hour. All commissions specified on the website are real. I withdraw funds to Neteller, where there are no commissions at all.
FXChoice offers good trading conditions. The spreads and swaps are indeed low, the partnership program is beneficial and the loyalty program is good as well. Withdrawal is not very quick: wire transfers take 4-5 days. However, the broker does allow you to withdraw money, so it’s worth the wait. I’d also like to say a few good words about customer support. The operators provide quick and detailed responses. I plan to continue trading with FXChoice.
I wouldn’t say that FXChoice offers the best conditions for beginners. Maybe it is different for Western traders, I don’t know, but a $100 deposit is too high for me. The broker does not offer cent accounts, which is why you have to risk a large amount right away, whether you like it or not. There are too few permitted advisors for scalping. To copy traders with Myfxbook, a trader must have $1,000 on the account! These conditions are definitely not suitable for me, although it seems to me that the professionals will feel rather comfortable with this broker.
FXChoice is committed to providing quality services for active and passive trading. For this reason, the company continuously expands its arsenal of trading instruments and services for automated trading. The customers are offered classic accounts, and professional ECN accounts with tight market spreads. The broker is licensed by FSC, a regulator with strict rules.

The trading conditions of FXChoice are primarily suitable for experienced traders. The broker does not offer cent accounts, zero spreads, or optimal leverage for beginners. The broker provides a demo account option, but the account validity is limited to 90 days. The loyalty program with rebate and reduction of commission per lot is also designed for professional customers with high trading volumes, from $10 million.

The company’s website is localized in 8 languages. Customer support operators answer in English. For this reason, mainly Western investors use the broker’s services.
FXChoice has developed conditions for active trading and passive investment. The company offers several copy trading services and also allows the use of automatic trading advisors. The broker provides an opportunity to open a MAM account, which is similar to a PAMM account, where each investor can transfer their deposit to a professional trader to manage. The profit is accrued to the investor’s account minus the manager’s fee.

FXChoice aims to become a leader in online trading by providing several instruments for automatic trading. They allow investors to connect to the accounts of more experienced traders and copy their trades without personal involvement. If a trader is successful, the investor pays the trader a predetermined fee out of his profit. The company’s VPS server is compatible with most copy-trading services. The broker offers the following:

Automatic trading systems provide an opportunity for traders with all levels of experience to trade automatically. Automated trading is suitable not only for novice traders on Forex but also for busy customers who do not have the time or desire to trade independently. A broker’s customer can connect the services either in the trader’s personal account or directly on the trading platform.