FXChoice vs Paxful

FXChoice vs Paxful Comparison Table 2023
FXChoice Paxful
4.3
Paxful has closed.
United States Flag Traders from US not accepted
United States Flag Traders from US 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.

Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.

Bonus Offer
50% or 65% 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
Instruments
CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares Cryptos
Demo Account
Yes No
Minimum Deposit
$100 From 0.005 BTC
Payment Methods
Minimum Trade
0.01 lots 10 USD
Regulator
FSC
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
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 Yes
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Android & iOS
Auto Trading
Yes (EAs)
Copy Trading
Yes No
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 No
Trade Signals
Yes - MQL5
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
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. CFD trading not offered
Leverage
1:200
FTSE Spread
From $18.53
GBPUSD Spread
From $8
Oil Spread
From $40
Stocks Spread
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. Forex trading not offered
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
EURUSD Spread
From $5
EURGBP Spread
From $6.95
Assets
36
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. Paxful offers buying and selling of the world's leading cryptocurrencies.
Spread
0.11 - 3.0 pips Rates set by vendors
Coins
  • BTC
  • LTC
  • ETH
  • BTC
  • ETH
  • USDT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes No
Paxful has closed.
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