FX Choice Forex Broker keeps up-to-date with the latest trading account information, including Pro, Classic, Optimum maximum leverage of 1:200, trading varieties, and more
Rating Index
Pros
Competitive spreads and commissions across various account types.
Fast and efficient withdrawal process, with most requests processed within 24 hours.
Diverse range of trading instruments, including forex, commodities, indices, and cryptocurrencies.
Cons
Limited regulatory oversight, as it is primarily regulated by the IFSC, which may not provide the same level of security as stricter regulatory bodies.
No cent accounts available, which may limit options for beginners wanting to trade with smaller amounts.
Customer support may have limited responsiveness, with reports of delays in addressing more complex inquiries.
FX Choice broker Accounts
Pro
Classic
Optimum
FXChoice Account Types
FXChoice offers two primary account types for traders: the Classic Account and the Pro Account.
- Classic Account:
- Minimum Deposit: $100
- Spreads: Starting from 0.5 pips
- Commission: No commission
- Leverage: Up to 1:200
- Micro-lot Trading: Yes
- Execution Model: No Dealing Desk (NDD)
- Pro Account:
- Minimum Deposit: $100
- Spreads: Starting from 0.0 pips
- Commission: $3.5 per lot
- Leverage: Up to 1:200
- Micro-lot Trading: Yes
- Execution Model: No Dealing Desk (NDD)
- Visit the FXChoice Website: Go to the official FXChoice website and click on the “Open Account” button.
- Select Account Type: Choose between the Classic Account or Pro Account based on your trading preferences.
- Fill Out Registration Form: Provide your personal details, including your full name, email address, and phone number.
- Verification Documents: Submit proof of identity (passport, national ID, or driver's license) and proof of address (utility bill or bank statement).
- Initial Deposit: Fund your account with the minimum deposit of $100.
- Account Approval: Wait for your account to be verified, which typically takes up to 24 hours.
Both account types provide access to a range of trading instruments, including forex, commodities, indices, and cryptocurrencies, making them suitable for both beginner and experienced traders.
FXChoice Broker Account Opening Process
Opening an account with FXChoice is a straightforward process that can be completed online in a few simple steps:
Once your account is approved, you can start trading using the MetaTrader 4 or MetaTrader 5 platforms.
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