TeraFX vs FXChoice

TeraFX vs FXChoice Comparison Table 2022
TeraFX FXChoice
Not Yet Rated
United States Flag Traders from US not accepted
4.3
United States Flag Traders from US not accepted
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads plus online CFD trading.
Awards
Best Customer Service - January-March 2022 - HelpNow Challenge
Bonus
None 15% deposit bonus with crypto payments
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, indices, commodities, cryptocurrencies, stocks
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Neteller, Skrill, Visa ADVcash, Bitcoin Payments, FasaPay, Mastercard, Neteller, Paysafecard, Perfect Money, POLi, Skrill, Sticpay, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA FSC
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
Yes 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
Robo Advisor
- No
Negative Balance Protection
- Yes
Market Maker
- Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- Yes
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD
CFD
Trade CFDs with leverage across multiple asset classes. FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:30 Retail, 1:200 Professional 1:200
FTSE Spread
Floating 1.25
GBPUSD Spread
Floating 98 - 107
Oil Spread
Floating 30 - 49
Stocks Spread
N/A Variable
Forex
Trade 50+ forex pairs with 1:30 leverage. Trade 36 forex pairs, including the US Dollar and Euro.
GBPUSD Spread
Floating 98 - 107
EURUSD Spread
Floating 80 - 88
EURGBP Spread
Floating 131.09 - 123.6
Assets
59 36
Cryptocurrency
Crypto trading not offered FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
Trade top crypto pairs on MT4. 0.38 - 39 pips
Coins
BTC, ETH, LTC, XRP BTC, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No Yes
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