Trader’s Way vs FXChoice

Trader's Way vs FXChoice Comparison Table 2023
Trader’s Way	FXChoice
Review 1.3	Review 4.3
Traders from US not accepted	Traders from US not accepted
Trader's Way is an offshore broker offering highly leveraged trading on dozens of forex pairs as well as cryptocurrencies and commodities through the MetaTrader 4, MetaTrader 5 and cTrader platforms. The broker has a decade of experience serving retail traders and provides 24/7 customer support.	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
100% deposit bonus up to $5,000	50% or 65% Welcome Deposit Bonus
Comment by Reviewer
"Trader's Way is best for traders interested in social investing with a low starting deposit and crypto funding solutions."	"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 zero and low commissions Good selection of trading platforms including MT4 Social trading with MetaQuotes and FxStat Decent range of 40+ currency pairs Low deposit of $10 for beginners High leverage up to 1:1000 VPS for active traders Free demo account	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
Legal disputes under the State of Missouri Unregulated status raises safety concerns Lack of educational materials Limited non-FX instruments Complaints about payments No US or UK clients accepted Stock trading not available	Limited selection of commodities Weak regulatory oversight
Awards
	Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Instruments
Forex, cryptocurrencies, commodities	CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Payment Methods
Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Neteller PayRedeem Perfect Money Skrill Visa Wire Transfer	ADVcash Airtm AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Mastercard Neteller PayRedeem Paysafecard Perfect Money POLi Skrill Sticpay Visa
Minimum Trade
0.01 lots	0.01 lots
Regulator
	FSC
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
Yes	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
No	Yes
Mobile Apps
Yes	iOS & Android
Auto Trading
Yes	Yes (EAs)
Copy Trading
Yes	Yes
Copy Trading Platform
Use market signals from experienced traders to start copy trading alongside established investors. cTrader in particular offers an easy way to start mirroring the strategies of other users.	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	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
Yes	Yes
Account Currencies
	USD EUR GBP CAD AUD
Stock Exchanges
	Euronext FTSE UK Index Japan Exchange Group Nasdaq New York Stock Exchange S&P 500
Commodities
Gold Silver	Gold Oil Silver
CFD Trading
CFDs are available on metals, energies and cryptocurrency pairs with varying leverage and transparent fees.	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
1:1000	1:200
FTSE Spread
N/A	From $18.53
GBPUSD Spread
0.5	From $8
Oil Spread
0.1	From $40
Stocks Spread
N/A	Variable
Forex Trading
42 forex pairs are available with high leverage up to 1:1000 and support for three popular and powerful trading platforms.	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
0.5	From $8
EURUSD Spread
0.5	From $5
EURGBP Spread
0.6	From $6.95
Assets
42	36
Cryptocurrency
Traders can access nine crypto pairs including BTC/USD, ETH/USD and XRP/USD with leverage up to 1:20. However the selection is narrower than many rivals.	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
Floating	0.11 - 3.0 pips
Coins
BTC BCH ETH LTC DSH XMR ZEC ETC XRP	BTC LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Review	Review
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