FXChoice – Is it scam or safe?

11
2893

FXChoice – Is it scam or safe?

FXChoice Limited is licensed and regulated by the International Financial Services Commission of Belize – IFSC. The IFSC license allows it to conduct financial services, including forex.

However, there are some publications in forex forums that inform about bad practices related to poor customer support, widening spreads and slow processing of withdrawals.

So far, we haven’t received any complaints from clients of MyFXChoice.com.

If you feel frustrated by MyFXChoice.com and have something to share with us, please fill in the form below, describing your case:

11 Complains

  1. I think they are a good broker because their spreads are tight, there are no spikes when news is announced. Their support answer quickly and orders execution is decent. The only thing that is not ok for me is this 4% commission when I deposit by Skrill.

  2. This company is out of ethic. I always deposited from my coin base. I tried to withdraw some money via bitcoin but I received nothing after two days. They keep telling me my money has been sent. But I didn’t receive anything in my e-wallet.

  3. I bought an expert advisor and deposited $600 with myFxChoice. Well, this EA didn’t work at all. I told them I wanted to withdraw my money. The next day, my account balance was less than 30%. My money disappeared while I was trading. I threw away this advisor and started make money manually but today I surprisingly found that all my fuds were gone from my MT4. I can call them scam…

  4. I don’t know if this happened to someone else but their spreads widened so much so my entry orders sometimes have been executed 100 pips above the requested price. Don’t deal with them

  5. I opened a real accout with them and everything was goig smoothly. I had a problem with their VPS and the customer support was responsive. They informed me by email that they had problems with VPS system. At thet time I had a couple of open positions and because of this problem I lost more than usd300 (TS didn’t fill the set values). The problem was solved and after a few days of investigation they gave me a bonus. I think they are an honest broker!

  6. Well, I lost my entire initial capital but this wasn’t because of this broker. My trades were awful and I understood this when they provided me some good advice for trading. Now I am ready to start once again and I can tell you there is no stop loss hunting. Good luck to all.

  7. I am trying to withdraw my money but something wrong happened. I made the first mistake when I didn’t provide all the necessary information for the bank wire to be executed and I admitted that. But thereafter the company didn’t do anything to help me with fixing the problem. I made a second withdrawal request but it was rejected because the information didn’t match that of my first request. You see that this is nonsense. Then I informed them again about the problem but they ignored me completely kept telling me I’ll get the money within the next 15 days. Then I made my third request with the same information as the second one and now I am waiting for some solution of the problem. I wish they could act faster…

  8. They want more money in and when you decline to take loans worth of €90,000.00 they’ll empty your investment account. That’s what happened to me. In the beginning it seemed to be ok, but when you want to take money out it is not possible. They say it takes long time to gather the money etc etc. There’s always excuse why you can not have your money back. I have contacted them via customer service and I never got reply in written. My first contact to them was the trading pause of seven weeks. I had that time on my account €85,654.00, suddenly when they started to do the trading, there was less that €20,867.00 left. I checked the trading history win loss report and there wasn’t loss enough that could’ve explained the disappearance of 60,567.0 euros.

  9. Please choose wisely when going into trading and investing 80% of Brokers and Account Managers operates illegally stealing fund from traders,I deposited $80,000 for investment capital hoping I will get my profit as promised by them , each time I placed a withdrawal request it always end unsuccessfully. I tried all efforts to reach out to their customer support but they keep saying I should deposit more fund before I can withdraw my money ,which I did , I deposited another $20,000 still I couldn’t withdraw my money ,at this stage I became worried and frustrated having no ideal of what to do to get back my money .
    God so kind I came across a broadcast talking about how one Mr Lucas is helping those who lost their money to fake brokers and Account manager to get their money back. Immediately I contacted Mr Lucas with the email provided for consultation,after getting my emails he asked me to provide some vital information about the Broker and Account manager which I did without delay . Am sharing this to those who find it difficult to withdraw their money or lost their fund to fake binary option , Forex Bitcoin (e.t.c) company to know how Mr Lucas helped me to get all my money back from this fake broker and Account manager,this is one of the greatest miracle I have seen all my life . Am giving out his email for those who want to recover any money lost to Any Broker or Account manager , all you need is to send a mail to his email below, tell him about your experience he will ask you some questions give him the right answer and believe your money will be back without delay . Here is Mr Lucas email [email protected] com

  10. The crypto Currency Authorities should monitor every Brokers and Account Managers activities, I lost over $230,000 to unregulated Brokers who convinced me into investing my capital. After some successful trade and my profit increased I make a withdrawal request but surprisingly all my withdrawal request was declined , I contacted their customer service unit but i was not given a meaningful Reason why my request was declined. I tried all I could to withdraw my fund but no solution , at the end I lost all my capital without a single profit return .In search for help on how to get my money back I was directed to contact Mr Nathan Harold who work with crypto Currency authorities, I contacted him and explained my situation to him , he requested for some details about the broker and concerning my investment, I forwarded all the details to him. It was all like a dream , through him I was able to get back all my money , please don’t sit back and cry when you facing difficulties in withdrawing your profit or you totally lost your funds to any Broker or Account Manager , kindly contact Mr Nathan through his email address: [email protected], I assure you a successful funds recovery.

LEAVE A COMPLAINT

Please enter your Complaint!
Please enter your name here