ICM Brokers vs FXChoice
| ICM Brokers | FXChoice |
|---|---|
Not Yet Rated
|
4.3
|
 Traders from US not accepted |
Traders from US not accepted |
|
ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs. |
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. |
| 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 | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, equity CFDs, precious metals, energies, futures | CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $300 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 lots | 0.01 lots |
| Regulator | |
| VFSC | FSC |
| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | 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 | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| Yes | iOS & Android |
| Auto Trading | |
| Yes | Yes (EAs) |
| Copy Trading | |
| No | 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 | |
| No | Yes |
| Trade Signals | |
| Yes - MQL5 | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs with high leverage rates. | 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. |
| Leverage | |
| 1:400 Retail, 1:100 Professional | 1:200 |
| FTSE Spread | |
| 3.5 | From $18.53 |
| GBPUSD Spread | |
| 3 | From $8 |
| Oil Spread | |
| Floating | From $40 |
| Stocks Spread | |
| Variable | Variable |
| Forex Trading | |
| Trade forex pairs with up to 1:400 leverage. | 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 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 | |
| 3 | From $8 |
| EURUSD Spread | |
| 2 | From $5 |
| EURGBP Spread | |
| 3 | From $6.95 |
| Assets | |
| 20+ | 36 |
| Cryptocurrency | |
| Crypto trading not offered | 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. |
| Spread | |
| 0.11 - 3.0 pips | |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | Yes |
|
|
|
| More Comparisons | |
|
ICM Brokers vs |
FXChoice vs |