The strategy tester is both multi-currency and multithreaded with real-tick data. Similar to MT4, MT5 is also compatible with all kinds of devices, including Windows, Mac, iOS, and Android devices, or as a Web Terminal that includes one-clicking trading to the features of MT5. Traders trading on the MT5 platform get to enjoy additional indicators that are not available on MT4.

It’s like studying many teachers, but they don’t speak, and you have to discover their strategies. After I make a research on the internet, everyone is exposing this fraud platform. No, it is currently not effectively regulated and you are advised to be aware of its potential risks. However, have you ever wondered or are you wondering which platform you should use？ Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

Recommended broker

Therefore, both beginners and experienced traders can find what they want to trade on FX Choice. I have live account with FxChoice just because they seem to be legit than other fx brokers but in reality they manipulated traders accounts. After that they caused some other negative trades to drop to 15% margin and closed out which it wouldn’t happened if they didn’t faked and closed out first 2 big negative trades. I am 100% sure that everything what I just said here is true because I carefully monitored my live account all time since I dropped into margin call. I can’t prove this situation but I don’t trust this broker anymore and I would not recommend them…. The broker allows traders to buy and sell the available financial asset using the popular MT4 and MT5 trading platforms.

This is due to the fact that they are regulated in Belize. Continue reading to discover more about the broker, and how to pick up a generous new trader bonus. The FXChoice education series is separated into eight chapters and covers topics such as technical analysis, fundamental analysis and trading platforms.

• Note that traders from the United States can also trade on this platform even though they are not regulated in the US.
• Trades may also incur costs depending on which method they use to withdraw from their accounts.
• One thing that stands out about My Fx Choice is their competitive pricing.
• We are committed to providing best-in-business services on a global scale and we are always pleased to read positive feedback from our clients.

Unfortunately, this is much too long ago for us to investigate your claims accurately. In future, we urge you to submit trade disputes as soon as possible, and no more than 48 hours after the event. All kinds of trading operations, including placing market orders and pending orders.

MetaTrader 4 Classic Account

They can also add Stop Loss orders and view market depths. The charting tools are more professional with support for conventional netting and hedging options, compatible with Expert Advisors. The broker offers a wide range of trading tools, including MQL5 Signals, Myfxbook Autotrade Services, VPS, Live Economic Calendar, Pips+ Programme, and many more. Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. Between 74-89% of retail investor accounts lose money when trading CFDs.

The MT4 platform is one of the most popular trading platforms in the forex and CFDs trading industry. It was launched in 2005 and has since grown to become the choicest trading platform among forex and CFD traders around the world. FXChoice have a good range of trading products and services that caters to a broad spectrum of traders.

We are so grateful for your review and wish you all the best in your trading future. FXChoice does not accept clients from the United States of America . Clients from Canada to Nigeria can sign up for an account, however. Previous welcome bonuses and deals have also included a free fx choice review VPS promo code, so it is worth checking the website for future promotions. Mobile trading is made easy with the MT4 and MT5 mobile apps, compatible with both iPhone and Android smart devices. Spreads and fees are slightly higher at FXChoice compared to similar brands such as FXTM.

I though they might report it to the autority but they really don’t care about you. They just want you to use your money cause they want to win. I’ve had an account with fxchoice since before US clients were blocked due to governmental regulations. I’ve https://forexbroker-listing.com/ had an account with fxchoice for more than 3 years.I had not been trading in the fx market for about 1 year. Get up to 65% crypto deposit bonus upon completion of turnover requirements. Terms and Conditions apply, may not be available in all countries.

Trading Products

What makes FXChoice brokers one of the best trading platforms in the world are the unique trading platforms it offers to all kinds of traders. The broker platform offers MetaTrader 4 , and MetaTrader , both having advanced trading features for both beginners and advanced traders. FXChoice offers a multi-account management account or MAM for experienced and advanced traders who already have their client-based and want to carry out trading on their behalf.

There is a deposit fee when using credit/debit card, Skrill, Neteller, and Perfect Money. Withdrawals via wire incur a 0.25% fee, 1% via Skrill, 0.5% via Perfect Money, and there are no fees via Neteller. Clients can also benefit from various bonuses and promotions such as the Pips+ Loyalty programme and Referral programmes, a 25% early verification bonus and a 15% Bitcoin deposit bonus. The broker also offers multilingual customer support 24/5 via phone, email and live chat.

You should consider whether you can afford to take the risk of losing your money. This allows you as a trader to gain access to several of the world’s largest markets with a very minimal amount of starting capital. This is one of the most appealing aspects of using FXChoice. Beyond the demo account, FXChoice offers both a standard account, known as a Classic account and a professional account.

FXChoice Customer Support

Sadly, our reviewers came back empty-handed at FXChoice. Our reviewers also found that FXChoice has its own internal risk management department, which thoroughly monitors every decision and operation the management makes. This ensures that the broker is always in complete compliance with its regulator.

Bonuses & Promotions

The spreads vary from accounts and instruments to accounts and instruments. We can see that the minimum spread in standard, optimum and pro account are respectively 0.5 pips, 1.5 pips and 0 pips. Only pro account has a commission of 3.5 USD per lot, while other two types of accounts are commission-free. Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks…..FX Choice allows clients to access a huge range of trading markets.

The leverages amplify both the gains and losses while trading. FXChoice is an award-winning broker that delivers a safe and secure trading experience. The MT4/MT5 trading platforms are available, and FXChoice provides weekly live webinars for traders to gain powerful insights. FXChoice is suitable for all types of traders, whether you’re a beginner or already experienced. This is because whilst they have a low barrier to entry, they also provide you with a chance to expand your trading portfolio.

However, even a child would understand how to navigate the menu. This is why the simplicity in the design wins – it is very user-friendly. Detailed information on deposits and withdrawals can be found on the broker’s official website. It is good to know that there is a demo for both the Classic and Pro account. This means that you can test out the commissions without actually spending any money. Thank you so much for your positive review of our company.

There is also a ‘Knowledge Base’ section that provides questions and answers across a variety of topics. FXChoice offers decent spreads starting from 0.5 pips on the Classic account and very tight spreads from just 0.0 pips on the Pro account. Commission fees are only available on the Pro account. Interestingly, high-volume traders on the Pro account are only charged a very low commission fee of $1.5. In other words, the more volume you trade, the higher your chances of paying lower commission fees.

Clients who fund their newly opened account within 7 days can also benefit from a 25% bonus on top of their original deposit up to a maximum bonus of 5,000 USD. Clients who deposit using Bitcoin can also benefit from a 15% bonus with no deposit or conversion fees. Both bonuses are withdrawal but only after the minimum trading volume has been met. Trading costs such as spreads and overnight funding rates vary depending on the account type opened and instrument being traded and are covered further down this review. The broker does offer a no debit balance guarantee which means if losses become too large, some or all positions will be closed out at the best available price before the account becomes negative. However, this may not be the case in extraordinary circumstances and the account can still slip into negative territory.

The platform also makes in the list of brokers of the worlds’ top forex. It also keeps its client’s money separated in institutions and away from the company’s funds. The brokers’ platform also has a reliable risk management department that regularly monitors management operations to ensure that the platform complies with the regulatory obligations. With 5 referrals in the pocket, traders can sign up to become an affiliate or a money manager on the FXChoice platform with multiple earning modes. Experienced traders can also apply for a MAM or Multi-Account Management account and be eligible to handle other’s accounts.