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FXChoice regulation & licences

Forex & CFD broker Founded 2010 πŸ‡§πŸ‡Ώ Belize

Licence ScoreVery weakHow it's calculated

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Licences on record 1

4 Tier 4 β€” light / offshore

FSC (Belize)Financial Services Commission of Belize (formerly IFSC)πŸ‡§πŸ‡Ώ Belize
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

FXChoice is a forex & CFD broker founded in 2010 and headquartered in Belize.

In our database FXChoice is matched to 1 licence from FSC (Belize). All of its licences are from jurisdictions we classify as tier 4 (light-touch offshore regulation). Clients of these entities typically have no compensation scheme, no leverage caps and limited recourse if something goes wrong.

None of the regulators we have matched to FXChoice operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.

FXChoice offers MT4 and MT5.

Regulatory strengths

  • Operating for about 16 years

Points to check

  • Only offshore licences on record β€” limited recourse and no compensation
  • No statutory compensation scheme at any matched regulator

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FXChoice regulation FAQ

Is FXChoice regulated?

Yes β€” in our database FXChoice is matched to 1 licence: FSC (Belize) (Belize). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is FXChoice a tier-1 regulated broker?

No. None of the licences we have matched to FXChoice is from a tier-1 regulator. Its strongest licence is tier 4.

Does FXChoice accept US clients?

FXChoice is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so FXChoice generally cannot accept US retail forex clients.

Is my money protected with FXChoice?

None of the regulators matched to FXChoice in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

How can I verify FXChoice's licence?

Find the company name and licence number in FXChoice's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.