FXChoice Review 2023
Easy To Use?
- Good user interface
- Easy to add new live and demo accounts
- Low trading fees and spreads
- Good range of CFD trading instruments are available
- Poor selection of deposit and withdrawal options
- Not much by way of training resources for new traders
Welcome to my FXChoice review. I’ve been using this broker for many years, so in this post, I will share my personal experience of using them.
Important: As a long-standing customer, I was able to secure a special deposit bonus for referrals. If you choose to open an account with FXChoice after reading this review then be sure to do so using the link below to receive a 50% deposit bonus!
What is FXChoice?
FXChoice is an online multi-asset forex broker that provides forex trading services for customers around the world.
FXChoice provides flexible products, different account types, and a straightforward platform that can benefit first-time and expert traders alike.
NOTE: FXChoice no longer accepts clients from the USA. If you’re looking for a reliable broker in the USA then check out our LQDfx review.
I have used FX Choice in my own trading for quite some time now. I find their platform easy to use, their support is very good, and I’ve made some nice trading profits. The deposit and withdrawal options are a little bit limited, although they are adding new ones all the time.
What Does The FXChoice Platform Do?
FXChoice offers a wide range of trading instruments and various CFD markets including Forex, precious metals (like gold and silver), indices, and even cryptocurrencies (such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and XRP).
Here is a detailed breakdown of the markets available with FXChoice;
The major forex pairs are of course available (EUR/USD, USD/JPY, GBP/USD, and USD/CHF) as well as a wide range of other pairs. In fact, there are 36 currency pairs available covering all major currencies including USD, EUR, GBP, JPY, CHF, AUD, CAD, NSD and more.
Here is a snapshot of the trading pairs available.
Cryptocurrency trading is now available through the FXChoice trading platform, although options are quite limited. The crypto pairs available to trade are;
If you’re keen to find a CFD trading platform for cryptocurrency then maybe check out our IGIndex review, although professional trader accounts are needed.
FXChoice covers the major indices for those that want to trade CFDs. The options available here are;
- German Index
- Japan Index
- US 30 Index (DOW)
- US 500 Index (S&P)
- USTech Index (NASDAQ)
- UK 100 Index (FTSE)
Here is the full list as well as the tight spreads they offer;
Commodities trading is very popular, especially for automated trading and EAs. FXChoice has got you covered here with a range of important commodities futures available to trade;
- Gold (spot)
- Silver (spot)
- Crude oil
- Brent oil
Here is the commodities CFDs market overview and the tight spreads;
Stocks & Shares
Whilst FXChoice is not a stockbroker, they do offer futures CFDs for several international stocks on a range of financial markets from the UK, USA, and Europe. These include some of the most well-known stocks in the world, such as Apple, Amazon, and Microsoft.
Here is a sample of the stocks available and the spread;