Amongst the many benefits of FX Choice, you will be able to find a free VPS, reduced commissions, and a Sharia-compliant Islamic account. In addition, the maximum leverage available is 1:200, and the company offers hedging, scalping, and automated trading options. The minimum deposit is $100. New traders at FXChoice can take advantage of its trader loyalty program, which rewards new traders with discounts on trading commissions. Traders can enroll in the programme by providing a valid e-mail address and a phone number. To become a member of the programme, a new trader must have a $10,000 account balance, and a volume of $10 million.
As a member of FXChoice, you can enjoy several benefits, including reduced trading commissions and flexible trading conditions. For example, you can open a demo account for 90 days and trade in real money, without having to worry about paying any trading commissions. In addition, the brokerage offers a loyalty program for high trading volumes, and offers customer support in eight different languages.
Spreads
To start trading with FXChoice, you can open a Classic or a Pro account. Both accounts require a $100 minimum deposit, and both offer leverage of up to 1:200. Classic accounts allow you to place orders with spreads starting at 0.5 pips, and you can use Expert Advisors and hedging strategies.
The brokerage offers trading conditions that are more suitable for experienced traders and beginners alike. While it doesn’t have cent accounts or zero spreads, you can open a demo account to practice before you start investing real money. The demo account will be active for 90 days and will give you the opportunity to practice on a simulated account before you start investing real money. Additionally, FXChoice offers a referral program, with existing traders earning $250 for every new trader they refer based on fxchoice review.
Demo Accounts
Demo accounts are an excellent way to learn the ins and outs of forex trading without putting any real money at risk. While paper trading is tempting, there are also risks. This type of trading can lead to emotions and money losses. Because you’re not using real money, your losses are not as serious as they would be if you were investing real money. Furthermore, you can’t be as responsive to market changes as you would be if you were trading with real money.
FXChoice offers two types of trading accounts – Classic and Pro. Both require a minimum deposit of $100 and offer up to 1:200 leverage. MT4 classic accounts also feature no commissions and low spreads. They also allow you to use Expert Advisors and hedging strategies.
Education Resources
FXChoice has a range of educational resources for new traders. These come in both video and written form. For the more advanced trader, the library of tutorials and videos is limited, though there is some information about the MetaTrader 4 and 5 trading platforms. New traders can learn about the basics of trading through these resources.
Traders can use a demo account to learn the ins and outs of trading before committing to real money. A demo account is similar to a live account but without the risk. It can be funded with virtual funds and expires after ninety days of inactivity. In addition, FXChoice offers a user-friendly platform and accepts traders from most countries.
Trustworthiness
FXChoice is a reputable broker that operates since 2010. The company focuses on its customers and offers competitive trading fees and conditions. It also offers a variety of asset classes. Over 15,000 trades are processed daily. The company has won several awards for its services and customer support.
Traders can deposit and withdraw money using several methods. FXChoice accepts payments through bank transfers, credit cards, debit cards, and popular electronic wallet services, such as Skrill and Neteller. If you’re a new trader, FXChoice’s platform is easy to use. Traders can also access their accounts from their computers or mobile devices.
Mobile Trading Options
If you’re new to forex trading and would like to try out mobile trading, FXChoice has a mobile trading application available on Google Play and the App Store. The FXChoice platform offers a number of different earning modes to new and experienced traders. It also offers a Multi-Account Management account for those who’d like to handle other traders’ accounts. In addition, the platform has various new account bonuses. For more information, visit the FXChoice website.
The FXChoice platform offers 100+ global markets to its clients through MetaTrader, which is available for Windows, macOS, and the web. It offers commission-free, standard, and premium accounts. Its multi-language support staff is highly responsive, and it also has an excellent referral program called Pips+.
