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FX Choice

Severe riskForex / CFD broker
🇧🇿 Belize · 5-10 years · since 2018-11-27 · FX Choice Limited
Unregulated
Visit site ↗
0/5
★★★★★ ★★★★★
317 reviews ›
0
Licenses ›
1
Withdrawal issues ›
$10
Min. deposit ›
1:200
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Pro · $100Classic · $100Optimum · $10
▲ 50% positive▼ 25% negative
Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot0/5
Forex Peace Army3.928/5
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FX 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.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Belize (offshore, light oversight)
  • Withdrawal complaints in ~25% 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 & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment908%

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 nameFX Choice Limited
Headquarters🇧🇿 Belize
Founded2018-11-27
Years operating5-10 years
Employees0
Official websiteen.myfxchoice.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments36 currency pairs; IndicesMetalsCommoditiesEnergiesCryptocurrencies
Registered address
Blake Building, Suite 302, Corner Hutson & Eyre Streets, Belize City, Belize C.A.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Pro1:200$100from 0 USD 3.5 per side✓
Classic1:200$100from 0.5--✓
Optimum1:1000$10from 1.5--✓

Review analysis AI

Across 4 recent Trustpilot reviews, 25% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution.

0
Period:
What users complain about
What users praise
Where reviewers are from
Bangladesh1
Netherlands1
Taiwan1
Spain1

Real user reviews

Where FX Choice operates

Active across 14 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.

🇵🇹 Portugal
🇬🇷 Greece
🇺🇸 United States
🇨🇴 Colombia
🇫🇷 France
🇧🇷 Brazil
🇹🇷 Turkey
🇮🇳 India
🇻🇳 Vietnam
🇪🇸 Spain
🇯🇵 Japan
🇹🇭 Thailand
🇵🇭 Philippines
🇻🇪 Venezuela
🇧🇩 Bangladesh 1 complaint

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 FX Choice

FX Choice is a forex and CFD broker based in Belize, with records dating to 2018-11-27. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, FX Choice holds a real-user score of 0.0/5. Withdrawal problems appear 1 times — always test a small withdrawal first.

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