FXChoice vs AMarkets

FXChoice vs AMarkets Comparison Table 2023
FXChoice AMarkets
4.3
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXChoice is a Belize-based broker established in 2010 and registered with the Financial Services Commission (FSC). The brand offers a wide selection of markets including crypto, plus the familiar MT4 and MT5 platforms. FXChoice stands out for its extra tools and perks, from LearnFx EAs to a VPS and Myfxbook's AutoTrade. New users can also claim a welcome bonus upon sign-up.

AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.

Bonus Offer
50% or 65% Welcome Deposit Bonus 25% welcome deposit bonus
Comment by Reviewer
"We recommend FXChoice for active traders with high leverage up to 1:1000, spreads from 0.0 pips and a five-tier loyalty program with fee rebates."
Pros
  • Tight spreads starting from 0.0 pips
  • Bitcoin deposits and withdrawals
  • GPS robot 100k EA download
  • Hedging and scalping allowed
  • MT4 and MT5 downloads
  • Commission-free trading
  • FIFO rule not applicable
  • Cryptocurrency trading
  • Social trading solution
  • Pips+ loyalty scheme
  • VPS available
Cons
  • Limited selection of commodities
  • Weak regulatory oversight
Awards
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
  • Best Value Broker Middle East 2020 - Global Forex Awards
  • Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo
  • Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards
  • Fastest Growing Broker 2013 - STP Broker Asia
  • Best Educational Program 2011 - Show FX
Instruments
CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
FSC FSA SVG
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes (EAs) Yes (EAs)
Copy Trading
Yes Yes
Copy Trading Platform
FXChoice has partnered with Myfxbook AutoTrade to offer copy trading to all account holders. You can find and follow the strategies of multiple traders with straightforward account management. MQL5 signals can also be used to inform buy or sell decisions.
Social Trading
Yes Yes
Trade Signals
Yes - MQL5 Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
FXChoice offers highly leveraged CFD products on a breadth of financial markets, including shares, indices, commodities and crypto. FXChoice provides more supporting tools than many alternatives, including signals, auto trading, a VPS, and a research center. Leveraged CFDs are a straightforward way to trade the markets without owning the underlying asset.
Leverage
1:200 1:1000
FTSE Spread
From $18.53 64
GBPUSD Spread
From $8 0.6
Oil Spread
From $40 3
Stocks Spread
Variable Variable
Forex Trading
Trade 36 forex pairs, including the EUR/USD with spreads from zero pips. FXChoice offers higher leverage on forex than most competitors, alongside 24/5 support and an accessible $10 starting deposit. Buy and sell currency pairs, including majors, minors and exotics.
Forex App

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.

GBPUSD Spread
From $8 0.6
EURUSD Spread
From $5 0.3
EURGBP Spread
From $6.95 1.5
Assets
36 42
Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar. The selection of digital assets is narrow but spreads are tight starting at 0.15. Trade seven crypto coins against the USD.
Spread
0.11 - 3.0 pips From 30
Coins
  • BTC
  • LTC
  • ETH
  • BTC
  • BCH
  • DSH
  • ETC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes No
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