FXChoice’s published offer centres on MT4 Optimum and Classic, plus Pro on MT4 or MT5. Individual and corporate versions are available. The account format determines whether pricing relies on the spread or includes a separate commission.[2]
Entity, eligibility and protection
Sections ↑Entities & regulation01
The contracting route
| Item | Published position |
|---|---|
| Legal company | FX Choice Limited, Belize; corporate registration 000003992. The broker states FSC registration 000067/34.Source 1 |
| Residency restrictions | USA, Canada and EU/EEA residents are excluded, alongside a much longer named list. A country’s omission from that list is not confirmation of onboarding eligibility.Source 1 |
| Client-money segregation | The broker says client funds are held in segregated accounts. This is a company statement, not an independently audited custody finding.Source 34 |
| Negative balance | The published guarantee allows a deficit to be taken from other FXChoice accounts first; only an uncovered remainder is restored at the next rollover. Protection is therefore not isolated to each account.Source 36 |
Accounts and funding thresholds
Sections ↑Account comparison02
Live account menu
| Account | Platform | Published pricing structure |
|---|---|---|
| Optimum | MT4 | No separate trading commission; floating leverage up to 1:1000.Source 2 |
| Classic | MT4 | No separate trading commission; spread includes the charge.Source 2 |
| Pro | MT4 / MT5 | Advertised spread from zero pips plus commission.Source 2 |
| Individual / corporate | All three formats | Corporate versions use the company’s own funding accounts. Demo versions are also listed.Source 2 |
Account comparison03
Opening amount and currency details
| Issue | Published condition |
|---|---|
| Initial deposit | The 9 March 2023 minimum-deposit FAQ states USD 10 equivalent for all account types; the account menu explicitly confirms USD 10 for Optimum.Source 29 |
| Share-CFD exception | The share-product page separately states USD 100 minimum. The general USD 10 threshold does not resolve that product-specific requirement.Source 5 |
| Current menu currencies | USD, EUR, GBP, AUD, CAD and gold denomination are listed. These are account denominations, not a promise of physical-gold delivery.Source 2 |
| Older currency FAQ | A July 2021 FAQ additionally lists CHF and crypto denominations. The current menu omits them; crypto funding also has a separate unresolved documentary conflict.Source 31 |
| Changing account format | The broker directs clients to open another account type rather than convert an existing one; multiple formats can coexist within the profile.Source 22 |
Pro commission is calculated on USD notional
Sections ↑Pricing & charges04
How to read the fee
| Item | Meaning |
|---|---|
| Base commission | The Pro FAQ quotes approximately USD 7 per round lot where the notional is USD 100,000. It applies currency conversion when the pair’s base currency is not USD.Source 12 |
| EUR/USD example | The company’s example uses one EUR 100,000 lot at EURUSD 1.3200: EUR 7 × 1.32 = USD 9.24 round trip. USD 7 is therefore not a universal fee per EUR 100,000.Source 39 |
| Spread-table limitation | The website labels displayed spreads as minimum possible variable values, recalculated on reload. They are not a measured average or a guaranteed complete trading cost.Source 3 |
Pricing & charges05
Pips+ tiers: requirements and USD-notional rates
| Tier | Qualification over the previous 30 days | Classic / Optimum rebate; Pro commission |
|---|---|---|
| 1 | USD 250,000 equity OR USD 100m traded | USD 20 rebate; USD 15 commission per USD 1m traded.Source 7 |
| 2 | USD 100,000 equity OR USD 50m traded | USD 15 rebate; USD 20 commission per USD 1m.Source 7 |
| 3 | USD 50,000 equity OR USD 25m traded | USD 10 rebate; USD 25 commission per USD 1m.Source 7 |
| 4 | USD 10,000 equity OR USD 10m traded | USD 5 rebate; USD 30 commission per USD 1m.Source 7 |
| 5 | Default | No rebate; USD 35 commission per USD 1m.Source 7 |
Pricing & charges06
Pips+ operating details
| Issue | Treatment |
|---|---|
| Qualification and turnover | Qualification uses the previous 30 days. Classic and Optimum receive per-side spread rebates; Pro receives lower commissions. Opening and closing count separately. A 14-day safety period prevents downgrades but permits upgrades.Source 7 |
| Excluded products | Energy and crypto CFDs are excluded because the programme treats them as commission-free. This does not establish current crypto funding access.Source 27 |
Products and contract units
Sections ↑Account comparison07
Market access
| Market | Published coverage and structure |
|---|---|
| Forex | Major, cross and selected exotic currency pairs; account-specific spreads and Pro commissions apply.Source 3 |
| Indices | DE30Index, JAPANIndex, US30Index, US500Index, USTECHIndex and UK100Index are listed as CFDs.Source 6 |
| Metals and oil | Gold/silver CFDs; WTI and Brent as expiring front-month contracts or non-expiring synthetic spot contracts.Source 4 |
| Shares | US, UK, French and German share CFDs appear in the catalogue. They provide derivative exposure rather than custody of the underlying shares.Source 5 |
Account comparison08
Minimum trade and lot conventions
| Contract | Published sizing |
|---|---|
| Currency lot | 100,000 base-currency units; minimum 0.01 lot means 1,000 base-currency units.Source 43 |
| XAUUSD lot | 100 gold units per lot; minimum 0.01 lot represents one unit. Other contracts need their own specification.Source 43 |
| Position capacity | Up to 300 simultaneous positions on live or demo accounts; no stated daily trade-count limit.Source 38 |
| Hedged exposure | Margin combines uncovered volume with any instrument-specific hedged margin on covered volume. An equal opposite position does not imply universally zero margin.Source 44 |
Leverage, margin and execution
Sections ↑Protections & eligibility09
Product leverage ceilings
Protections & eligibility10
Optimum floating leverage: marginal bands
| Cumulative USD exposure | Leverage on that band |
|---|---|
| First USD 50,000 | 1:1000; 0.1% margin.Source 8 |
| Above USD 50,000 through USD 100,000 | 1:500; 0.2% margin.Source 8 |
| Above USD 100,000 through USD 1m | 1:200; 0.5% margin.Source 8 |
| Above USD 1m | 1:100; 1% margin.Source 8 |
| Aggregation | FX and metal exposure is converted to USD and accumulated across open orders. Each slice attracts its own rate; the highest band does not reprice the whole position.Source 8 |
Protections & eligibility11
Close-out thresholds and order behaviour
| Issue | Published rule |
|---|---|
| Account-specific FAQ | The December 2022 page gives 25% margin call and 15% stop-out for Optimum, Classic and Pro.Source 9 |
| Agreement conflict | February 2024 agreement clause 36.18 instead permits closure below 10% and automatic closure below 5%. The public documents do not reconcile these thresholds. Account-contract confirmation is needed before relying on either.Source 16 |
| Execution | Orders use market execution; positive or negative slippage is possible. The displayed price is not a guaranteed fill.Source 42 |
| Gap exposure | The company warns that stops held through thin opening/closing periods or weekends can fill materially beyond their requested price.Source 37 |
Rollover and Islamic accounts
Sections ↑Trading & service hours12
Holding a position overnight
| Scope | Published condition |
|---|---|
| Rollover window | Open positions held through 23:59:45–23:59:59 server time roll to a new value date. FX/metals are not physically delivered.Source 11 |
| Triple rollover | Wednesday-to-Thursday currency rollover includes three days. Published swap figures distinguish quote increments from monetary values; a “pippet” is one tenth of a conventional pip.Source 11 |
| Server clock | The time FAQ states GMT+2 in winter and GMT+3 in summer; daylight-saving notifications determine change dates.Source 35 |
Pricing & charges13
Islamic status replaces some swaps with a charge
| Issue | Published condition |
|---|---|
| Eligibility | Muslim clients in traditionally Islamic countries can request conversion in the account area; Muslim clients elsewhere contact support.Source 24 |
| Platforms | Islamic accounts are described for both MT4 and MT5.Source 26 |
| Replacement charge | Where an ordinary swap is negative, commission equals 75% of its amount. Where the ordinary swap is positive, no replacement commission is charged. This is not cost-free overnight holding.Source 25 |
Oil expiration and share adjustments
Sections ↑Account comparison14
Product events that change an open trade
| Event | Effect |
|---|---|
| Expiring WTI / Brent | At expiry close, open trades are closed and floating P/L realised; pending orders are cancelled. The next session uses the next futures contract, requiring positions to be reopened.Source 4 |
| Synthetic spot oil | WTISpot/BrentSpot avoid monthly contract expiry but have separate financing and pricing mechanics.Source 4 |
| Share dividends | Positions held at the end of the day before ex-dividend receive an adjustment. Long credits can be smaller than short debits.Source 5 |
| Share splits | The share page says open positions are closed and associated pending/stop/limit orders cancelled; clients must re-establish exposure and orders.Source 5 |
| Short-sale restrictions | A restriction can block new shorts without blocking position closure. Advance individual notification is not promised.Source 40 |
Automation, copying and VPS
Sections ↑Platforms & products15
Trading and delegated services
| Service | Published scope |
|---|---|
| Expert Advisors | EAs are permitted. That does not make a strategy approved, profitable or exempt from platform and agreement limits.Source 20 |
| Myfxbook AutoTrade | The broker continues to list automated copying through a linked, funded Myfxbook account, with no joining fee or additional software. This review did not test a live connection.Source 19 |
| Copying minimum | The service-specific FAQ requires USD 1,000 funding, independently of the general account minimum.Source 41 |
| MAM subaccount | A manager’s referral link opens a linked subaccount. Manager authority, fees and investor-specific withdrawal conditions need the actual management agreement; no universal tariff is published in this joining FAQ.Source 23 |
Pricing & charges16
VPS subscription
| Item | Published offer |
|---|---|
| Monthly price | EUR 40; no setup charge.Source 18 |
| Specification | Two CPU cores, 2 GB RAM, 60 GB storage; Europe location. The page still names Windows Server 2008 R2 Web, so the provisioned operating system needs confirmation.Source 18 |
| Waiver | Pay the first month, maintain total balance of at least USD 3,000 and trade at least five lots each billing cycle to waive the following month.Source 18 |
| Limit | One free VPS per client; failing either balance or volume condition removes the next-month waiver.Source 18 |
Funding, withdrawal security and fees
Sections ↑Pricing & charges17
Public funding conditions
| Issue | Published rule |
|---|---|
| Available methods | Only methods actually shown for the client in the account area are available. That area’s fee information takes precedence if it differs from the website.Source 13 |
| Card limits | USD 10,000 in a rolling 30-day period and up to three transactions per day; the limit releases as earlier deposits leave the rolling window.Source 33 |
| Deposit reimbursement | An April 2022 FAQ offers fee reimbursement on eligible deposits of at least USD 3,000, including Neteller, STICPAY, PayRedeem and PromptPay. Method availability remains separate.Source 45 |
| Withdrawal charges | Some routes carry a withdrawal fee. No single universal zero-fee promise or complete current public route tariff is established by the fee FAQ.Source 30 |
Pricing & charges18
Withdrawal mechanics
| Issue | Published rule |
|---|---|
| Owner and return route | Normally return to the same payment method, owner and currency; alternative owner-verified methods require approval. Third-party payments are prohibited.Source 13 |
| Request authentication | The broker contacts the client to confirm a withdrawal request before processing.Source 32 |
| Broker processing | The withdrawal FAQ states within 24 hours Monday–Friday. Payment-provider settlement follows separately.Source 28 |
| After release | Card refunds usually 48 hours but can take ten business days; e-wallet receipt is described as effectively immediate after processing.Source 28 |
Dormancy, fees and account closure
Sections ↑Protections & eligibility19
Separate inactivity and archiving rules
| Source | Published consequence |
|---|---|
| Payment policy | USD 50 equivalent monthly after six months inactivity, or expired KYC documents not updated; a smaller balance is taken in full.Source 13 |
| February 2024 agreement | Defines inactivity as one year, expired verification documents, or inability to contact the holder for over two months. This conflicts with the policy’s six-month fee trigger.Source 16 |
| Live-account FAQ | Balances above USD 5 archive after five years; below USD 5 after one year. Remaining funds move to a wallet; archived accounts cannot be restored. Exactly USD 5 is not specified.Source 46 |
| Policy closure provisions | Separately uses USD 10 balance thresholds and one/five-year inactivity, with one month’s notice. It asserts unrequested funds may be treated as abandoned; this differs from the FAQ’s automatic-wallet description.Source 13 |
| Demo account | Expires after 90 days without use. A demo balance is not client money.Source 21 |
Bonus credit is not freely withdrawable capital
Sections ↑Pricing & charges20
Where a deposit bonus is actually offered
| Issue | Published bonus terms |
|---|---|
| Eligibility | Discretionary by client/account; promotions can change or end. An account-page promotion is not confirmation of a specific awarded amount.Source 17 |
| Turnover | Required USD 100,000 turnover units equal bonus USD amount divided by two. Both opening and closing turnover count; only closed trades qualify.Source 17 |
| Deadline | 90 days to meet the volume requirement.Source 17 |
| Withdrawal | Removing any original deposit before qualification forfeits the bonus; realised profit can be withdrawn under these bonus rules.Source 17 |
| Margin effect | Credit can increase available margin but cannot absorb losses as cash does. It can be removed at close-out; the terms warn a margin-call alert may not appear.Source 17 |
Support and execution complaints
Sections ↑Protections & eligibility21
Contact and dispute route
| Issue | Published route |
|---|---|
| Support | The site advertises live support 24/5 and lists +52 556 826 8868; ticket/contact routes are available through the website.Source 1 |
| Execution dispute deadline | The February 2024 agreement requires a written dispute about execution price, cost, speed or method within two business days.Source 16 |
| Escalation | Customer Support first, then Compliance; include account, transaction, date/time and issue details.Source 16 |
Company background & evidence
Sections ↑Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
FX Choice Limited
BelizeSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services Commission000067/34 | Not verified | Checked 10 Oct 2026The current broker footer states registration under the Securities Industry Act 2021. A current named Belize FSC entry was not established in this review; corporate registration is separate.Source 1 |
Sources & further reading
- FXChoice company, entity and residency information FXChoice · Accessed 10 Oct 2026
- Optimum, Classic and Pro account menu FXChoice · Accessed 10 Oct 2026
- Forex contracts and spread-table methodology FXChoice · Accessed 10 Oct 2026
- Commodity CFDs and oil expiration rules FXChoice · Accessed 10 Oct 2026
- Share CFDs and corporate actions FXChoice · Accessed 10 Oct 2026
- Index CFD catalogue FXChoice · Accessed 10 Oct 2026
- Pips+ five-tier pricing programme FXChoice · Accessed 10 Oct 2026
- Optimum floating leverage and cumulative exposure FXChoice · Accessed 10 Oct 2026
- Published margin-call and stop-out levels FXChoice · Accessed 10 Oct 2026
- Maximum leverage by product and account FXChoice · Accessed 10 Oct 2026
- Rollover policy and units FXChoice · Accessed 10 Oct 2026
- Pro commission explanation FXChoice · Accessed 10 Oct 2026
- Deposit, withdrawal and inactivity policy FXChoice · Accessed 10 Oct 2026
- Crypto transactions are coming to an end — 5 December 2023 FXChoice · Accessed 10 Oct 2026
- Crypto withdrawal instructions — updated 21 February 2024 FXChoice · Accessed 10 Oct 2026
- Client Agreement — February 2024 FXChoice · Accessed 10 Oct 2026
- Bonus Programme Terms and Conditions FXChoice · Accessed 10 Oct 2026
- VPS plan and fee waiver FXChoice · Accessed 10 Oct 2026
- Myfxbook AutoTrade service FXChoice · Accessed 10 Oct 2026
- Expert Advisors permitted FXChoice · Accessed 10 Oct 2026
- Demo-account expiry FXChoice · Accessed 10 Oct 2026
- Opening multiple account formats FXChoice · Accessed 10 Oct 2026
- Joining a MAM subaccount FXChoice · Accessed 10 Oct 2026
- Islamic account eligibility FXChoice · Accessed 10 Oct 2026
- Islamic replacement commission FXChoice · Accessed 10 Oct 2026
- Islamic platform availability FXChoice · Accessed 10 Oct 2026
- Pips+ exclusions FXChoice · Accessed 10 Oct 2026
- Withdrawal processing and settlement FXChoice · Accessed 10 Oct 2026
- Minimum initial deposit FXChoice · Accessed 10 Oct 2026
- Withdrawal fees FXChoice · Accessed 10 Oct 2026
- Account currencies FXChoice · Accessed 10 Oct 2026
- Withdrawal authentication FXChoice · Accessed 10 Oct 2026
- Card deposit rolling limits FXChoice · Accessed 10 Oct 2026
- Segregation of client funds FXChoice · Accessed 10 Oct 2026
- Trading-server time FXChoice · Accessed 10 Oct 2026
- Negative balance and cross-account offset FXChoice · Accessed 10 Oct 2026
- Market gaps and stop-loss execution FXChoice · Accessed 10 Oct 2026
- Simultaneous position limit FXChoice · Accessed 10 Oct 2026
- USD-notional commission calculation FXChoice · Accessed 10 Oct 2026
- Short-sale restrictions FXChoice · Accessed 10 Oct 2026
- Myfxbook minimum funding FXChoice · Accessed 10 Oct 2026
- Market-order execution and slippage FXChoice · Accessed 10 Oct 2026
- Lot sizes and minimum trade FXChoice · Accessed 10 Oct 2026
- Hedged-margin calculation FXChoice · Accessed 10 Oct 2026
- Deposit-fee reimbursement criteria FXChoice · Accessed 10 Oct 2026
- Live-account archiving FXChoice · Accessed 10 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.