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Is FXChoice regulated and safe?

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IntroductionFXChoice is an online forex broker founded in 2010 and based in Belize. It offers trading in a wide ...

FXChoice is vtmarketsapp foreign exchange trading platforman online forex broker founded in 2010 and based in Belize. It offers trading in a wide range of financial instruments, including forex, stocks, commodities, and cryptocurrencies.FXChoice uses the MetaTrader 4 and MetaTrader 5 platforms, which are both powerful and easy to use for all levels of traders. The company operates as an NDD (No Dealer Desk) broker, which means that it provides traders with direct access to their liquidity provider, thus ensuring that trades are executed quickly at the best possible price, and has very tight spreads, starting from 0.0 pips.

FXChoice offers leverage up to 1:200 with a minimum deposit of $100. It also offers flexible leverage up to 1:1000 and a minimum deposit requirement of $10. In addition, FXChoice has a loyalty programme called Pips, which is designed to reduce trading costs. 

Is FXChoice regulated and safe?

The broker is regulated by the IFSC (International Financial Services Commission of Belize) and offers a variety of funding options, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies. In addition, FXChoice offers demo accounts for traders to use for free in order to practice online trading before moving to a live account.

It is important to note that according to online reviews, 74-89% of retail investors lose money when trading CFDs with FXChoice. Therefore, it is advisable to carefully consider the risks when making trading decisions.

Before trading, check the broker in the FTI app; if you encounter any problems, you can file a complaint for help.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!

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