One of my friends introduced me to fx choice back in 2014. I have been trading with them for 2 years now. There were ups and downs but in overall I am happy with my trading in fx choice so far. I’ve had a trade dispute recently when my stop loss was executed 14 pips worse than I had initially set. I was angry, I thought I never experienced such slippage before, because I try to avoid trading before major economic news or data releases. However, they explained what exactly happened to my trade and why it was closed with such a big slippage. Having said that, I should also say that most of my TPs have been closed with a better price. It means you can have both negative and positive slippage while trading with fx choice. I think it is a very positive thing. Thanks.
I have tried a couple of ECN brokers so far, FXChoice is the third and I’ve been very happy with them. They have an exceptional customer service. Their spreads and commissions are low, that I really like, since I’m a scalper. Many times I’ve contacted their live chat with different questions and I’m grateful to them for answering to my questions and educating me. A nice experience so far. Keep up the good work guys!
Best broker and I've been with them 1 year. Deposits and withdrawals are within 24 hours which most brokers can't deliver. ECN broker, no BS. Support is always available and always solve any issues you have within 24 hours. Haven't experienced server issues for the time I've been with them! Low spreads and commissions, can't ask for anything better!
I left the broker for its not transparent deposit fees. When you look at public website, you will find, that for Neteller deposit they charge a small fee. But you cannot find how big the fee is. You must create an account and go through all the long compulsory verification procedure to find out that the deposit fee is unbelievable 4% !!! You can deposit in Bitcoins but the exchange rate is very bad and you cannot withdraw it back to Bitcoins. This information is not found during deposit. I don't like brokers with such manners.
ViktorP posted: I left the broker for its not transparent deposit fees. When you look at public website, you will find, that for Neteller deposit they charge a small fee. But you cannot find how big the fee is. You must create an account and go through all the long compulsory verification procedure to find out that the deposit fee is unbelievable 4% !!! You can deposit in Bitcoins but the exchange rate is very bad and you cannot withdraw it back to Bitcoins. This information is not found during deposit. I don't like brokers with such manners.
Firstly, thank you for your comment. We are definitely sorry to see you go. You made a series of claims about us which are not entirely true and we would certainly like to take this opportunity to explain things.
Our verification procedure is short and uncomplicated in comparison with other brokers. One only needs to submit a copy of their ID to get verified and once your document has been submitted, it doesn’t take long before we review your application (unless, of course, you submit it over the weekend, in which case it will be reviewed first thing on Monday).
Also, you could have contacted us to ask about the fees prior to verifying your profile. You also mentioned that it was not possible to withdraw Bitcoins if you funded your account in Bitcoins. This isn’t accurate. You can deposit and withdraw Bitcoins freely if you have a Bitcoin-denominated account. The only situation you will need to exchange Bitcoins is when you fund a non-Bitcoin account with Bitcoins. And when you do that, our Backoffice system displays a message informing you of the exchange rate, so that you can decide whether or not to proceed further.
This could also have been clarified if you had contacted us.
We seriously hope that this was simply a case of misunderstanding.
It’s 9 months that I have been trading with Fxchoice so far…I was very impressed with the execution speed and their trading platform as a whole. I have worked with other brokers, but fxchoice Metatrader has been the fastest. I really like the tight spreads they offer. In 9 months I never experienced a software glitch, my trading was never interrupted. I never receive any requotes or slippages. I’m also happy with the range of trading symbols that they offer like CFDs, indices and many commodities. Sometimes I noticed that one of trading symbols becomes unavailable for trading. I asked about it in the live chat, and I was instructed to click in the right-bottom corner of MT4 and select another data center, which fixed the issue immediately. I hope to have a long-lasting relationship with Fxchoice, from which we both will mutually benefit.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.