Most of brokers who worked or currently working with my country is either sucks or not in a healthy shape This one was the only one which stood up for me, i'm a trader but not a good one to be... See more
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
See what reviewers are saying
Unfortunately I had to leave this broker and move on to a different one because fxchoice dosen't seem like they'll be accepting deposits anytime soon. Trading is also unavailable too and has been for... See more
Following my previous review. Started with approximately $5,000. I gave them management of the account through their money manager. Account went up to $8,000 within a couple of months Then all the... See more
Company replied
hello, I hope you keeping up well. First of all, let me thank you for seeing it fit to give us this amazing opportunity more especially in these challenging times we facing. I haven't enjo... See more
Company replied
Company details
Written by the company
We are an NDD broker, offering our clients some of the most competitive spreads in the market for trading CFDs in Forex, Commodities, Indices, Shares and Cryptos. We boast an award-winning Customer Support team, which is available 24/5 and in multiple languages. Unleash the power of the markets with us!
Contact info
Corner Hutson & Eyre Street, Belize City, Belize
- +52 556 826 8868
- info@myfxchoice.com
- myfxchoice.com
Reply from FXChoice
Dear Murat,
Thanks for your review and praising our customer service and fast withdrawals.
We wish you the very best of luck!
FXChoice
My experience with this broker is very…
My experience with this broker is very negative. I was introduced to this broker by Kamran Munraf/FXR Army. He has a MAM account at MyFXchoice and i invested in his MAM. The first weeks where fine, the open trades where mostly negative but he gained the account around 40% in 2 weeks. Then suddenly on Friday the 17 April his system crashed or he did a lot of manual trades. Hundreds of trades where opened and closed in a matter of seconds, impossible to win trades like that.
I know the Manager gains commission on the trades and as far as i can see now i am not the only victim.
The follow up from MyFXchoice is very disappointing. MyFXchoice doesnt do anything with this. They just try to call him and send him an email without any response. They don't hold his commissions, they dont have a fraud policy or anything like this. They give the MAM manager a platform to do their scam, even pay him for doing it and they don't protect the clients at all. I have seen many many people who are victim of this SCAM. Please be aware.
And in answer on the reply. The review is about the manager and about the response of you as a broker on what has happend. This 'manager' still is active on your platform, he posts youtube videos to get new clients every day on his channel but you know he doesnt respond if there goes anything wrong on his side. So your company is giving a scammer a platform to do his scam. So he might not be an employee of myfxchoice, but you could say to him he cannot do any business with you and you will hold his commission fees until he resolves his problems with his clients. The only thing you do is try to send him an email and try to reach him by phone and if he doesn't respond its fine, as long as you are making money. No ethic.
3 May 2020
Unprompted review
Reply from FXChoice
Dear Mark Luijten,
We are indeed sorry you had a negative experience with your Money Manager. But you have written a review of his services, not ours. We have created an environment for experienced traders to make a profit by helping less experienced traders navigate the Forex market. When you joined the MAM account, you agreed that you were entering into the services of your manager entirely at your own risk.
We have reviewed our responses to your communications with our customer service department and we can see that we did everything within our power to help you. Your Money Manager is not an employee of our company – he is a client just like you. We could only take such dramatic action, as you have suggested, if some fraud had taken place. But it hadn’t.
It seems your Manager was using an EA (trading robot) which made a series of losing trades. If you are unhappy with this strategy, you must contact your Manager. We assume that you have properly vetted your Manager before entering into the agreement and signing the LPoA (Limited Power of Attorney).
Best wishes and good luck!
FXChoice
I found this broker to be pretty good…
I found this broker to be pretty good when I’ve used them in the past, good amount of instruments available and the spreads were competitive too.
29 April 2020
Unprompted review
Reply from FXChoice
Dear James,
Thanks for your kind words. Competitive spreads and a decent selection of instruments are key to our clients, so we're pleased to see you've been enjoying them, too.
Best wishes,
FXChoice
i thought i found the best broker for…
i thought i found the best broker for me and my clients at last! , but nothing is complete, i give them the upside that they have the best client area out there with the best options, but they claim to have islamic (swap free) accounts but thats not true!!!, all they have done is that they changed the name of the swap and called it commission... had to leave them me and my clients as well
19 April 2020
Unprompted review
Reply from FXChoice
Dear Maged Hatem,
Thanks for taking the time to write a review and your positive assessment of our ‘client area’ and ‘options’.
We wish that you’d contacted us directly about Islamic Accounts so we could explain them to you properly.
Indeed the negative Swap is substituted for a reduced commission, but the positive Swap (which could be considered as ‘interest’) is not paid on our Islamic account. This is to comply with the financial principles of Sharia law. We believe we have stated this clearly on our website. You can see the full T&Cs of our Islamic account here:
https://en.myfxchoice.com/faq/fund-security/#6
If you keep a negative-Swap trade overnight, we still have to pay the swap to the market; that’s why we charge a reduced commission, which equals 75% of the negative Swap.
We’re glad to see that our continuously-growing client base from Islamic countries has been enjoying our Islamic account, which we designed to be compatible with Sharia Law while ensuring financial parity.
Best wishes,
FXChoice
Following my previous review
Following my previous review. Started with approximately $5,000. I gave them management of the account through their money manager. Account went up to $8,000 within a couple of months Then all the sudden down to $85 “eighty five dollars “ only. Today, my account has 0.65 “sixty five cents”. Bottom line, don’t burn your money with this irresponsible broker.
18 April 2020
Unprompted review
Reply from FXChoice
Dear Sam Aljamal,
As we previously explained in our response to you on 13 March, your Money Manager is not an employee at FXChoice. He is an external third party. We did not recommend him to you, nor do we give out any trading advice whatsoever.
When you joined the MAM account, you signed the LPOA, which gives your Manager the power to trade on your behalf, and states:
‘I understand that FXChoice Limited does not participate in managing the funds of clients that are investing in managed accounts, the company is not a representative of any of the parties to fund management.’
So when you say ‘I gave them management of the account through their money manager’, you are putting the blame squarely on us, but we had nothing to do with it. You need to speak to your Money Manager – who we again reiterate is not an employee of our company.
Please understand that we are a broker: we provide the platform and environment for traders to engage the Forex market – that is all.
Best wishes,
FXChoice
NO DEPOSIT TO WITHDRAWAL TRANSPARENCY
DEPOSITED IN USD, UNABLE TO WITHDRAW WITH USD
FX CHOICE NEVER INFORMED ME OF
CHANGE TO WITHDRAWAL OPTIONS,
SO I COULD AT LEAST CLOSE MY ACCOUNT
& GET MY ACCOUNT FUNDS. SAFELY & SECURELY.
(COMPLETE BACK STABBERS)
VLOAD & CRYPTO ARE NOT SECURE &
THE BACK OFFICE IS VOID OF WITHDRAWAL OPTIONS.
I ASKED THEM TO MAIL FUNDS WHICH I HAVE
DONE WITH OTHER BROKERS ( WITH SUCCESS)
AND THEY CLOSED MY TICKET..
( WHAT THE SH!!!!#$T ).
NO INTEGRITY == FXCHOICE
MONEY IN , NOTHING OUT, WHY TRADE HERE ?
7 October 2019
Unprompted review
Reply from FXChoice
Dear Mr Glenn
We’re extremely sorry to hear about your situation.
The system logged your ticket as Spam so we never even saw it. We are taking measures to ensure this doesn’t happen again.
We are going to call you to confirm the withdrawal of your funds via Wire Transfer at our expense.
Again, we are truly sorry!
FXChoice
Nice stable broker
Nice stable broker, enjoy the selection of pairs and the customer service is pretty quick on chat. Charges could be a little lower though.
31 August 2019
Unprompted review
Reply from FXChoice
Dear Gareth,
Thanks for your positive review! We are pleased to see you’ve praised our customer service: we consider it a cornerstone of our business.
Keep up the good work and best wishes!
A great broker for forex but their…
A great broker for forex but their charges can be on the high side, other than that not to many issues
9 August 2019
Unprompted review
Reply from FXChoice
Dear Keiran,
Thanks for your review.
We hope that you'll continue to enjoy trading with FXChoice.
Best wishes!
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Learn more about other kinds of reviews.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.