✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the FX Choice broker
¿It is the really reliable FX Choice broker (aka myfxchoice.com)? Is it safe for you to invest your money with this company? In this section we will analyze the broker and its reputation as such on the internet.
We invite anyone who has experience with this company, to leave a comment with their experience and to give the broker a score according to their experience with it. It should be noted that it is a broker without a website in Spanish, but we also decided to carry out the review due to different emails and comments received.
The FX Choice broker, is a forex and CFD broker.
The broker mentions to be part of FX Choice Limited, and mentions having base in Belize City, Belize.
If we talk about regulation, the broker It is regulated by the IFSC, the regulatory body of Belize.
If we analyze the different types of account that the broker provides to operate, in this case there are 2: the Classic Account and the Pro Account.
We will then start with Classic account- Minimum initial deposit of $ 100, spreads from 0,5 pips, minimum lot size of 0,01, no limit for maximum lot size, no commissions, leverage up to 1: 200, NDD execution, Market, 28 currency pairs available to operate.
It is followed by Pro Account- Minimum initial deposit of $ 100, spreads from 0 pips, commissions from $ 3,5 to $ 100.000 per side, minimum lot size of 0,01, no maximum lot size, leverage up to 1: 200, execution NND and Market, 39 currency pairs available to trade, it is also possible to trade gold, silver, and cfds.
The platforms used to trade are: MT4 and MT5.
Now, yes, we will go on to analyze the different resources and aids that the broker provides to traders on its website: explanation of concepts such as forex and CFDs, their operation, also of precious metals, how to operate with them, which are and how the trading signals, economic calendar, and frequently asked questions work.
FX Choice broker features
| Foundation | 2011 |
| Regulatory | IFSC (Belize) |
| Broker type | Forex and CFDs |
| Leading | MT4 and MT5 |
| Available in Spanish | Yes |
| Bonuses or promotions | It depends on the type of account |
| Commission | It depends on the type of account |
| Minimum deposit | $100 |
| Leverage | 1:200 |
| Deposit options | Credit cards, bank transfer |
| Withdrawal options | Credit cards, bank transfer |
| Hear demo | Si |
| CFDs | Si |
| metals | Si |
| Binary Options | No |
| Gold | Si |
| Index | No |
| Actions (stocks) | Yes |
| Raw materials (commodities) | Yes |
| Withdrawal fees | Not specified |
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Additional information about the company
Phone number: + 501 227 27 32
Email: [email protected]
Website: en.myfxchoice.com
Clarification: The FX Choice broker works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
FX Choice valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is negative, since it is a broker that is based in unsafe countries (like Belize) and yes, it is regulated, but by a very unsafe regulator (of Belize).
Do you know this broker? Do you think our opinion is not correct? Have you operated with him? Leave a comment with your experience.
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↓ ↓ ↓ Traders and users score
