Margin level for hedge/lock positions: 50%, Average floating spread 0.5 pips plus $3.86 commissions per standard lot traded, VPS hosting: free for traders with monthly balance of $3,000, Payment methods: wire transfer, credit cards, Skrill, Neteller, Fasapay, Bitcoin, perfect money, epayments, trustly, asktropay, paysafecard, bitcoin. FX Choice has its head quarters office in Belize . We have responded to this claim elsewhere, so here we are just going to post our unified response to the claimants: Fxchoice is fraud company they do cheating. This is because the payment method which you use to fund your account may accrue a fee. FXChoice is another offshore forex broker that accepts traders from the US. Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) Our FXChoice forex broker review team can confirm that this is a highly reputable broker that boasts regulation from IFSC. No ethic. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Website: myfxchoice.com; Year since: 2011; Headquarters: Belize City, Belize; Company registration: FX Choice Limited (reg.#105968), Belize; Regulation: Belize IFSC/60/191/TS/17; Rate and Review this Broker. FXChoice has integrated Myfxbook’s AutoTrade to it's platform, so now traders can mirror service by trading community portal Myfxbook - one of the auto trading solutions today. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice. FX Choice does charge a fee for inactive accounts. multiple languages in multiple countries. So your company is giving a scammer a platform to do his scam. All money funded to FX Choice is placed into a segregated tier 1 bank account. Bottom line, don’t burn your money with this irresponsible broker. as an increasing number of brokers compete for new clients. This 'manager' still is active on your platform, he posts youtube videos to get new clients every day on his channel but you know he doesnt respond if there goes anything wrong on his side. The reason smart people use a licensed broker is because in the event that the broker goes out of business, your money is protected. They are very quick and have solved every single one of my questions and issues I've had over the last year. The moment we started making profit, it all began to go to hell. Execution is fast, deposits and withdrawals are on point and spreads are fair. Spreads start from as low as 0 pips, and the maximum leverage they offer is 1:200. While you might be able to explore FX Choice's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation. Your capital is at risk. and IC Markets below. and managing risk. FX Choice less customer support features compared to other brokers like live chat, phone and email support. The minimum deposit to trade with FX Choice is 10. Although we found some very useful aspects of the FX Choice platform that would be useful to some traders. FX Choice is regulated by International Financial Services Commission (IFSC) . So he might not be an employee of myfxchoice, but you … They give the MAM manager a platform to do their scam, even pay him for doing it and they don't protect the clients at all. Their payment processor is; Best Solution EOOD Osogovo № 30, office 501, district Sofia, 1303, Sofia, Bulgaria. The ideal platform for Forex trading with Expert Advisor feature, Auto trading options and various analytical tools and advanced charting options. Didn't get the help we needed, resulting in having our money stolen. Before trading online with a broker such as FX Choice you should be sure they're legitimate online agent. Learn more here. This company is cheating with clients. If you are looking at trading currency pairs FX Choice offer over currency pairs. As FX Choice is regulated by International Financial Services Commission (IFSC) , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. At one stage, without warning, this broker stopped accepting wire transfers, leading to additional fees with transfers from companies such as Skrill (with lots of hidden fees). Spread: 0.0 pips (EURUSD) Leverage: 200:1 Minimum Deposit: $100. Take time to look around the FX Choice platforms and train yourself to think more FX Choice is regulated and well established having been in business for over 12 years. Any payments funded to FX Choice accounts by traders are held in a segregated bank account. Always verify that the broker you choose, is licensed by your local financial regulator. You have a situation where a small sum of money is controlling a much bigger financial position. We at Topratedforexbrokers.com are committed to your privacy and protection of your personal data. The Classic is a one size fits all account without any commissions to worry about. FxChoice is regulated by the International Financial Services Commission of Belize (IFSC), Its license number is IFSC/60/191/TS/19, The best way to see if FxChoice is a good and legitimate broker is to read the unbiased traders reviews on ForexPeaceArmy: https://www.forexpeacearmy.com/forex-reviews/8159/myfxchoice-forex-brokersPlease come back often as broker services are very dynamic and can improve or deteriorate rapidly. !, all they have done is that they changed the name of the swap and called it commission... had to leave them me and my clients as well. Broker in the world .. MyFXChoice is #1 choice . When choosing a broker like FX Choice the administrative body and regulatory status of the broker is very important. FX Choice are able to accommodate various levels of traders whether you are experienced or a beginner. Tier 1 is the official measure of a banks financial health and strength. financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. We may receive compensation from the companies we write about. FX Choice where able to resolve our customer issues. Account went up to $8,000 within a couple of months Then all the sudden down to $85 “eighty five dollars “ only. My FX Choice offers the MT4, MT5 and MT Mobile trading currency platforms. We tested the FX Choice live chat and it works well. FX Choice does not offer guaranteed stop loss. You can find detailed guidance on FX Choice trading platforms here. FX Choice are a global broker and have a head office in Belize . ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. Other websites of this company include FXChoice.com, Join live discussion of MyFXChoice.com on our forum. This is your leverage. DEPOSITED IN USD, UNABLE TO WITHDRAW WITH USDFX CHOICE NEVER INFORMED ME OFCHANGE TO WITHDRAWAL OPTIONS,SO I COULD AT LEAST CLOSE MY ACCOUNT& GET MY ACCOUNT FUNDS. We sent messages to FX Choice livechat through their app and website and recieved a response within 20 minutes. © 2020 Trustpilot, Inc. All rights reserved. Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, !#$T ).NO INTEGRITY == FXCHOICEMONEY IN , NOTHING OUT, WHY TRADE HERE ? FX Choice offer a demo account so you can try the FX Choice platform before you put down a payment. FX Choice Reviews ★ ★ ★ ★ ★ +Rate and review this broker below . You should consider whether you can afford to take the high risk of losing your money. Tier 1 is the official measure of a banks financial health and strength. Click the links below to learn more. At the bottom of this review you can also learn about some pretty good alternatives to FX Choice. This site will not be held liable for any loss or damage in result from using the information within the site including Forex broker reviews, market analysis, trading signals, learning resources and comparison tables. FX Choice also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move. 10,000 GBP/USD. Following my previous review. The only thing you do is try to send him an email and try to reach him by phone and if he doesn't respond its fine, as long as you are making money. ™Forex Peace Army, ForexPeaceArmy, FPA, and the FPA Shield Logo are all trademarks of the Forex Peace Army. FxChoice offers ECN on its Pro Account. Never trade with money you cannot afford to lose. Most popular option among traders is MetaTrader4 with rapid market execution, competitive conditions and interbank liquidity. I have seen many many people who are victim of this SCAM. Learn more here, FX Choice offer the following funding payment methods accept Credit cards, Bank Transfers, Wire Transfer, among other payment methods. You need just $10 to … Some of the links on this websites articles and comparison tables are affiliate links, which means we receive a commission should open an active account. For a broker open 10 years or so, I don't really see the reason for so many negative reviews. MyFxChoice processes nearly all withdrawal requests within 24 hours Monday through Friday. Nothing on this website should be considered a recommendation or endorsement. Between 74-89% of retail investor accounts lose money when trading CFDs. The information contained in this website is for informational purposes only and does not constitute financial advice. If you would like to add details to this online Fxchoice or you find inaccurate details Fxchoice broker review please get in touch with us and the changes will be applied. To trade effectively with FX Choice, https://www.forexpeacearmy.com/forex-reviews/8159/myfxchoice-forex-brokers, https://www.forexpeacearmy.com/community/tags/myfxchoice/. Write a review Write a review Reviews 13 Write a review. Broker information. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; SAFELY & SECURELY. FX Choice can be considered trustworthy. FXChoice also allows you to open Islamic accounts and multiple demo accounts. Brokers that do not charge minimum deposits do so usually to attract new customers. Im going to open chargback request to my bank. With almost a decade of experience, this NDD broker always strives hard to offer the best trading conditions and exceptional customer support to the clients. it's important to get a have a good understanding FXChoice is a flexible and transparent online broker that despite only being authorised and regulated in Belize, still offer good trading conditions with competitive fees to clients across the globe, including the USA and Canada. We tested the multilingual FX Choice team by calling in varying languages. When trading in the financial markets it can be very time consuming to find a broker that meets your needs. Our FXChoice forex broker review team can confirm that this is a highly reputable broker that boasts regulation from IFSC. MyFXchoice doesnt do anything with this. For withdrawal problems and complaints, read this. FX Choice not quite right? You can find detailed guidance on FX Choice trading platforms here. Until we get a different result, I can't say anything positive about FXChoice. I sent a wire transfer, which was stuck for months before getting some helpful advice from someone else. Andrew has a well-established career in fintech and came up with comparebrokers.co to make Corner Hutson & Eyre Street, Blake Building, Suite 302,Belize City, Belize, (5+) Gold, Silver, Stock Indexes, Oil, Other Commodities, VISA, MasterCard, AstroPay, Bitcoin, ePayments, Ether/Ethereum, FasaPay, Neteller, PaySafe Card, PerfectMoney, Poli, Qiwi, Rapid Pay, Skrill, UnionPay, Bitcoin, Ether/Ethereum, FasaPay, Neteller, PerfectMoney, Skrill, once there, you will be able to see the available withdrawal options, eWallet withdrawals should be nearly instant, Bank wires can take as much as 10 days to arrive.

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