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Choice

Moderate riskStockbroker
India · 2-5 years · since 2022-07-26 · Choice International Limited
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
SEBI
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
1
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
32/100
Scam risk ›
0
Clone sites ›
▲ 100% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX6.65/10
Trustpilot—/5
Forex Peace Army—/5
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🇺🇸
Choice operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
32
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration458%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameChoice International Limited
Headquarters India
Founded2022-07-26
Years operating2-5 years
Employees0
Official websitechoiceindia.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
Sunil Patodia Tower, J B Nagar, Andheri (East), Mumbai 400099

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
SEBIForex Trading License (AGN)INZ000160131IndiaRegulated

Review analysis AI

Across 1 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
India1

Real user reviews

Where Choice operates

Active across 35 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India Licensed
🇺🇸 United States
🇳🇬 Nigeria
🇩🇪 Germany
🇳🇵 Nepal
🇦🇪 United Arab Emirates
🇸🇬 Singapore
🇨🇦 Canada
🇵🇰 Pakistan
🇶🇦 Qatar
🇮🇩 Indonesia
🇳🇱 Netherlands
🇦🇺 Australia
🇫🇷 France
🇨🇿 Czechia
🇸🇦 Saudi Arabia
🇲🇽 Mexico
🇰🇷 South Korea

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Choice

Choice is a forex and CFD broker based in India, with records dating to 2022-07-26. It reports oversight from SEBI.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full Choice review