FXChoice vs MogaFX

FXChoice vs MogaFX Comparison Table 2023
FXChoice MogaFX
4.3
2.5

MogaFX is #13 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads and online CFD trading.

MogaFX is a multi-regulated broker with several account tiers and copy trading.

Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Trading bonuses
  • Regulatory oversight
  • Multiple account currencies
Cons
  • High minimum deposit
Awards
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Bonus
50% or 65% Welcome Deposit Bonus MOGA Point Rewards
Instruments
CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares CFDs, Forex, Indices, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $1000
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSC ASIC, SVGFSA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Android
Auto Trading
Yes (EAs) EAs
Copy Trading
Yes Yes
Copy Trading Platform
FXChoice has partnered with ZuluTrade to offer copy trading solutions to all account holders. MOGA Trade Plus+ allows users to copy traders based on their investment returns, number of trading days and risk level.
Social Trading
Yes No
Trade Signals
Yes - MQL5 MetaTrader
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 No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
FXChoice offers leveraged CFD products on a breadth of financial markets. Go long or short on various assets with high leverage.
Leverage
1:200 1:500
FTSE Spread
From $18.53 From 2.5 Pips (Standard)
GBPUSD Spread<
From $8 From 2.5 Pips (Standard)
Oil Spread
From $40 From 2.5 Pips (Standard)
Stocks Spread
Variable NA
Forex Trading
Trade 36 forex pairs, including the US Dollar and Euro. Trade major and minor forex pairs with ECN execution.
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 2.8 Pips (Standard)
EURUSD Spread
From $5 2.6 Pips (Standard)
EURGBP Spread
From $6.95 2.9 Pips (Standard)
Assets
36 38
Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar. Trade the largest cryptos against the USD.
Spread
0.11 - 3.0 pips From 2.5 Pips (Standard)
Coins
  • BTC
  • LTC
  • ETH
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes No
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