FXChoice review: Is it a legit or scam forex broker?

I've had an account with fxchoice for more than 3 years.I had not been trading in the fx market for about 1 year.
I wanted to return to the fx market again and I wanted to start trading again with the Fxchoice company that I had traded and had no problems with before.
I've been trading for 2 weeks and it's going very well. I made a profit as much as the money I deposited and wanted to withdraw it last Friday, on the same day, the money was in my account in tether.

The customer representative was very kind and helpful.

Thank you Fxchoice for your service quality. I recommend this company to everyone.

I've had an account with fxchoice since before US clients were blocked due to governmental regulations.

Although, they were not allowing new customers from USA they did permit existing retail traders continue trading.

My experience always positive never any problems or dishonesty from this broker and customer service always responsive.

Withdrawal request and deposit all promptly handled.

I was in southeast asia last year and when I submitted a withdrawal request after a few additional security steps my money was processed quickly.

At the moment that, I am submitting this rewiew already requested another withdrawal. In future plan to fund 50k live account with them.

all my orders for hours did not close and did not open. Look at their response.

Please note that our short-term issues were resolved today around 10:00 server time (please see our reply to your ticket 22708694). Which means you had complete control over your open orders since the mentioned timestamp. Therefore, we regret to say we are not in a position to provide any kind of compensation as regards to your query.

Totally insane.

I had a some money in my account that i had saved there more than a year there without trading and I don't know how was it possible but my account was managed by someone who i really don't know. Know a year after when i come and see my account. I only find around $2. 41 cents out of $510 dollars. Now i contacted them and the only things they did is " we will open a case " but that was all. Now i lost my money because someone who i don't know or don't have contact manage my account and lost my money. The company isn't doing anything. I though they might report it to the autority but they really don't care about you. They just want you to use your money cause they want to win.

I previously provided a review of FX Choice where I complained about the long delays making Crypto withdrawals for U.S. Clients. After speaking with George A. via direct message, he helped me to understand the reason for the delays which actually made a lot of sense.

George A. also explained that the Platform is is regulated in Belize and as such, does not have to respond to U.S. regulators. In my opinion this is great news as the U.S. tends to over regulate what can be done in accounts. Especially when it comes to leverage amounts types of products offered.

The withdrawal timing was my only real complaint. So since I was able to get a better understanding of the withdrawals, I felt it was appropriate to update my review rating. Overall, this is a good platform. I'm not saying its perfect but no platforms really are. I'm sticking with FX Choice.

-Tedmo0285

Mar 16, 2022 - 2 Stars Stay away from this broker! This broker is not regulated. Very difficult to get crypto withdrawals out. Long delays. Not worth the headache.

Reply by George submitted Mar 21, 2022 Dear Tedmo0285,

We are so sorry to read your review.

As you left no identifying marks in your review, nor do we recognise your complaints, we tried to contact you directly by private message so we could get some further details and establish your identity, but you never responded.

You say that we are not regulated? This is untrue. We are regulated by the Financial Services Commission of Belize.

You say that our crypto withdrawals are difficult to get out with long delays – this cannot possibly be true. Our crypto withdrawals are normally processed the same day, unless the request is made late in the evening, especially on a Friday (as it may not be processed until Monday).

FXChoice