Home / Reviews / FXChoice / Accounts

FXChoice accounts and how they score

Account range and entry terms feed the rating. Here are FXChoice's accounts and the facts the score is built on.

Facts last checked . Read the full FXChoice review.

Accounts

Minimum deposit
$10
Account types
Optimum, Classic, Pro, Islamic/Swap-Free, Demo
Account currencies
USD, EUR, GBP, AUD, CAD, Gold, Bitcoin
Islamic account
Yes
Demo account
Yes
Professional account
Yes, Pro/high-volume configuration
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

What this means

FXChoice runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, AUD, CAD, Gold, Bitcoin. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about FXChoice accounts

What account types does FXChoice offer?

FXChoice offers 5 account types: Optimum, Classic, Pro, Islamic/Swap-Free, Demo.

What is the minimum deposit at FXChoice?

The minimum deposit at FXChoice is $10. It can differ by account type and by the entity you register with.

Does FXChoice offer an Islamic account?

Yes. FXChoice offers a swap-free account for clients who need one.

Accounts at brokers under the same regulator

More about FXChoice